Range-Bound Trading

Nothing to do with cooking or even buying the commodities like pork bellies that would go there.

Range-bound refers to a narrow gap in which prices of securities are trading up and down with seemingly little influence for a breakout. (See: Price Gap.) GE ended up range-bound between $9 and $11 when it cut its dividend and stayed there for years, until it could show earnings growth again, and investors regained faith that the company wasn't just a shadow of its former self.

See: Shorting a Put, as that's a lovely way to make money on a "dead money trade" stock that is range-bound.