I know energy prices are through the roof right now. So i did a bunch of research to find companies who are immediately negatively effected by rising energy prices.
Turns out DOW is a company that uses a shit ton of energy and it eats into their margins. Normally I would buy some puts. But because DOW has earnings report this week, IV is high as shit.
Thinking of bear put spreads to mitigate some of the higher premiums. What you guys think? Am I late to the party?