The multidecade lows in U.S. stock market volatility may mean a dull trading environment for short-term market participants, but it has also “created historic opportunities to buy options,” according to Goldman Sachs.

Daily moves have been slight lately, with one market expert dubbing recent activity the “most boring six days in 23 years.” The CBOE Volatility index US:VIX on Monday closed at its lowest level in more than 23 years, while one-month implied volatility for the S&P 500 recently hit 8% — its lowest level on record, going back to 1988.

“This is driven by both low single-stock volatility as well as a lack of correlation between stocks,” wrote Goldman Sach’s team of analysts, led by options strategist Katherine Fogertey, who added that this created an opportunity for investors to capitalize on upcoming events that were likely to be impactful on individual names.

The firm noted dozens of stocks that are not only scheduled to host analyst days ahead of their June expiration, but which also carry low levels of implied volatility. “Based on our analysis of past volatility and current options prices, we think the options market is missing many of these historically important catalysts,” the firm wrote in a note to clients, adding that the options market was “overlooking the potential for these events to move shares.”

Johnson & Johnson US:JNJ, Wells Fargo & Co. US:WFC, and Honeywell International Inc. US:HON were listed as being among the “10 most attractive option-buying opportunities,” with Goldman recommending investors buy straddles on them.

In the case of Kohl’s Corp. US:KSS, another recommended trade, Fogertey’s team wrote that straddles currently cost less than the stock’s historic post-earnings move over the past eight quarters. Volatility could come in that name because of uncertain prospects for the department store going forward. “Our analyst is concerned about the 12-month outlook but sees upside risk to [first-quarter] estimates,” the note read. Kohl’s is scheduled to report its quarterly results May 11.

A straddle is an options strategy where an investor buys a bullish call option and a bearish put option at the same strike price, betting that a stock will move by a certain amount, rather than in a particular direction. It is essentially a bet on stock volatility, something Goldman sees as likely after the company management teams present to the analysts covering them.