Palo Alto stock currently trades with a low implied volatility rank, which means it’s a good time to look at a long strangle.

Investors who believe Palantir stock could keep moving higher or correct lower may want to consider a long strangle.

Easily one of the standout performers this year, big-data analytics specialist Palantir Technologies (PLTR) has gained almost 400% of market value since the beginning of January. However, it can also ...