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Low volatility in Palantir stock sets up this options strangle

Investors who believe Palantir stock could keep moving higher or correct lower may want to consider a long strangle.
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AMD Short Strangle Could Net $1400 in a Few Weeks

Advanced Micro Devices (AMD) is currently showing above average volatility with an IV Percentile of 80% and an IV Rank of 43.04%. The stock has been trading between 200 and 270 for the last few weeks.