DSP Group Inc (NSDAQ:DSPG) Highest Implied Volatility Options

DSP Group’s shares dropped even more today, implied volatility is at extreme levels (462) much higher than historical average.

DSP underlying stock has formed a massive downward channel and is expected to keep declining in a swinging, volatile way. Options traders can use such overvalued options in selling strategies.
DSPG looks to be doomed and any rallies should be sold.