The price dropped today a bit but not enough for me to go directional with it so I decided to sell a wide strangle with April expiry, given that the earnings is scheduled at April 26. I don't want to go into earnings with it so for this trade to succeed, the price must stay within the range.
Also, the IVR is 54.1 which is not very high for this stock but high enough for me.
Since mid-Jan, the price has been quite volatile but stayed between $100 and $135. We can see that there is a really strong support at $100 so something drastic has to happen for the stock to go below $100.