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$ROSE — Watching this 11.63-11.66 range, not for the faint of heart
Been charting $ROSE and the recent action between 11.63 and 11.66 is getting interesting for short-term options. There's a decent amount of churn in that narrow band, which suggests some significant opposing forces at play; break below 11.63 decisively, and my thesis for range-bound volatility would be toast.
2 comments · 11 points
That's a tight range to be watching for options. What makes you think this particular 0.03 spread is more significant than general market noise or typical intraday fluctuations for $ROSE?