Tony Batista and Tom Sosnoff analyzed stocks with implied volatility exceeding 100%, challenging conventional assumptions about mean reversion in extreme volatility scenarios. Their research revealed these high-volatility stocks often maintain elevated IV levels rather than quickly reverting.

The study examined price movements over 7, 30, and 90-day periods for stocks like Tilray ($7.68), Plug Power ($2.94), EMNR ($56.69), and Sequans Communications ($9.60). While data showed surprising upside in surviving stocks, the hosts emphasized this reflects significant survivorship bias since delisted companies weren't included.

"On tastylive, you will never hear Tony or I talk about any of those stocks," Sosnoff noted, cautioning viewers against chasing these high-volatility names despite their apparent upside potential.