Being sustainable is getting expensive? 😱

Disclaimer: this is for education purpose and not a recommendation to buy or sell. Please do your own Due diligence.

Factoring in politics when Trump is up, We could see that he won't be focusing on the environment and thing may be cheaper to use oil or non renewable resources. At the same time Bitcoin may still be a valuable commodity under his endorsement. However, it comes with the cost of sustainability is increasing.

So how do I see this stock. I would probably see it goes sideways between 16 and 18, how do i see that?

Enter the option analysis!

Based on the analysis, there is quite a high number of out of the money call at the 17 layer and the 18 layer forming a resistance in that range. While 16 out of the money puts in place which is forming a resistance.

How could I Use this as a trader?

I could use this analysis to see a range bound for the week to roughly estimate where to buy or sell.

So how could I Use this as a strategy to earn in this sideways?

Enter the covered call when is near 18 and cash secured put when near 16. That way, I am able to collect high premium.

Even the IV for the week had increased which shows an indicator of a sideways trend. IV Is ranging between 95% to 105% showing the implied voilatility of going up and down.

Let's test out and see if this is true at the end of the weekly candle.

Leave down the comment below. I would love to hear from you.