The IV is lower than HV so it didn't go to the next stage in my formula, which means that you get a low premium on this and there are other options that are better than this one. Doesn't mean it's not a good trade, just mean I won't do it.
Asher : he doesn't need to cash in the full premium of every trade if he books a small gain with 80% or more of his trades while keeping the losses even smaller. That's the beauty of his approach, to minimize risk by keeping greed under control and coming out ahead with many small gains. Know when to quit IOW.