Is the Options Market Predicting a Spike in Frontline (FRO) Stock?

Group 1 - The stock of Frontline plc (FRO) is experiencing significant attention due to high implied volatility in the options market, particularly for the Jan 17, 2025 $12 Call option [1] - Implied volatility indicates the market's expectation of future price movement, suggesting that investors anticipate a significant change in Frontline's stock price, potentially due to an upcoming event [2] - Frontline currently holds a Zacks Rank 3 (Hold) in the Transportation – Shipping industry, which is in the bottom 18% of the Zacks Industry Rank, with recent earnings estimates dropping from 75 cents per share to 25 cents [3] Group 2 - The high implied volatility surrounding Frontline shares may indicate a developing trading opportunity, as options traders often seek to sell premium on such options to capture decay [4]