Use of implied and Historical for ranges when your left guessing

Trap trading gets you out of making guesses that are not confirmed by price action .
Set your stops and wait for the market to rebound to consolidation or break out of it.
These snippits are from Barchart. Makes scanning for stocks that have high IV rank and are worth your time watching. I create a list of optionable stocks, they are usually more liquid and have a bigger audience that is more sophisticated