CBIZ Inc(NYSE:CBZ) A Stock With Extreme Implied Volatility Discount.

CBIZ Inc(NYSE: CBZ)A Stock With Extreme Implied Volatility Discount.

Today CBIZ’s implied volatility has collapsed from over 160 to just 32 in just a day.Stock options with ‘volatile’ implied volatilities offer very profitable trading strategies regardless of underlying stock’s direction, like CBIZ here, the effect on its options premium pricing becomes highly volatile.

CBIZ’s technical perspective: Unclear! CBIZ appears to have bounced above its 200 day on the daily charts and just below its 200 day on its weekly charts. Not an easy call by any means, irrelevant yet to a good volatility trade option strategy!