Is the Options Market Predicting a Spike in Axos Financial (AX) Stock?

Core Viewpoint - Investors in Axos Financial, Inc. should closely monitor the stock due to significant movements in the options market, particularly the high implied volatility of the Jan 17, 2025 $17.50 Put option [1] Group 1: Implied Volatility - Implied volatility indicates the market's expectation of future price movement, with high levels suggesting a potential significant move or an upcoming event that could lead to a rally or sell-off [2] - The current high implied volatility for Axos Financial options may signal a developing trade opportunity, as options traders often seek to sell premium on such options to capture decay [4] Group 2: Analyst Insights - Axos Financial holds a Zacks Rank 3 (Hold) in the Financial-Miscellaneous Services industry, which is in the top 35% of the Zacks Industry Rank [3] - Over the past 60 days, one analyst has raised their earnings estimate for the current quarter, while another has lowered theirs, resulting in a slight decrease in the Zacks Consensus Estimate from $1.81 to $1.80 per share [3]