This selloff deserves a closer look — but the chart is screaming 'caution.' The stock is up 34% in two months, so a 5. 7% pullback is just noise in an overheated uptrend, not a clear floor.

IV at 70% is juicy, but it's there for a reason; the probability math gets ugly if the trend breaks. A put spread here is trying to catch a falling knife with a safety net that's too far below. For a defined-risk play, you'd need the sell strike around $67, but that's only 6% OTM in a volatile name — the credit-to-width ratio would be pathetic for the risk of a true reversal.

Wait for a confirmed support hold or a volatility crush to offer better odds.