In the previous post, we discussed that when IV is relatively low (option is cheap) and is expected to rise, we should buy options (i.e. consider options strategies that allow us to be an option buyer).On the other hand, when IV is relatively high (option is expensive) and is expected to drop, we should sell options (i.e. consider options strategies that allow us to be an option seller).However, often we�d like buy options despite the relatively high IV (i.e. options is considered expensive).For example, for myself, I like playing directional swing trading to take advantage the expected price movement for 1 � 3 days. Hence, in this case, I�ll just buy straight call or put options depending on the expected direction. However, frequently the option is relatively high in IV (�expensive�). Is...