SHAK
NEUTRAL WIN- Entry
- $66.65
- Target
- $50.33
- Stop
- $82.97
SHAK is a neutral volatility setup, where the trade is built around price staying inside the planned range rather than making a large directional move. The suggested iron condor uses the current stock price near $66.65 with a planned lower boundary near $50.33 and upper boundary near $82.97, so the thesis depends on price remaining inside that range. Supporting factors include IV rank 84% (elevated vs 1-year history), ATM IV 70.1% vs realized 44.6%, and front/next IV ratio 1.426 (event premium in term structure). Because this is a time-sensitive idea over roughly 24 hours, it should be sized carefully and revisited if price moves through the risk level or the supporting flow fades.
90% of 219 similar resolved ideas finished inside their expected-move range after earnings
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