Core Viewpoint - Investors in Air Lease Corporation (AL) should closely monitor stock movements due to significant implied volatility in the options market, particularly the Sep 20, 2024 $35.00 Put option [1] Group 1: Implied Volatility - Implied volatility indicates the market's expectation of future price movements, with high levels suggesting potential significant price changes or upcoming events that could lead to a rally or sell-off [2] - The current high implied volatility for Air Lease shares suggests that options traders anticipate a substantial price movement [3] Group 2: Analyst Sentiment - Air Lease is currently rated as Zacks Rank 4 (Sell) within the Transportation - Equipment and Leasing industry, which is in the top 20% of the Zacks Industry Rank [3] - Over the past 60 days, no analysts have raised their earnings estimates for the current quarter, while two have lowered their estimates, resulting in a decrease of the Zacks Consensus Estimate from $1.87 to $1.77 per share [3] - The significant implied volatility may indicate a developing trading opportunity, as seasoned options traders often seek to sell premium on options with high implied volatility [3]
Is the Options Market Predicting a Spike in Air Lease (AL) Stock?