As mentioned in the Microsoft post, I’m taking a look at the “Big Three” tech earnings for this post-close. Of these three, Texas Instruments is the most stable (that is, boring). Ever since the financial crisis, it has been a solid, reliable, uptrending equity.
The term volatility is a bit of a misnomer with TXN, as it hasn’t been frisky since the Covid crash.
Relatively speaking, the options started to get hot again back in February, and although it’s still on the high side, the IV Rank is at about the 70% level now.
Whereas I think there are some heart-quickening opportunities in tech right now, I don’t think TXN is one of them (except for those of you who trade in a more sophisticated fashion than me and sell premium).
