This is a low risk cyst, but should under FNA if not already done. There is approx 3% rate of cystic papillary cancer (ie, low risk, but not "no risk").
Iodine is not recommended - some studies suggest may increase cysts/nodules.
I forgot to say in my first post...my thyroid labs are normal and always have been..I have no other health issues either and am fit and healthy, thanks