Is the Options Market Predicting a Spike in Haverty Furniture (HVT) Stock?

Group 1 - The stock of Haverty Furniture Companies, Inc. (HVT) is experiencing significant attention due to high implied volatility in the options market, particularly the Feb 21, 2025 $20 Call option [1] - Implied volatility indicates market expectations for future price movements, suggesting that investors anticipate a significant change in the stock's price, potentially due to an upcoming event [2] - Currently, Haverty Furniture holds a Zacks Rank of 5 (Strong Sell) in the Retail - Home Furnishings industry, with no analysts increasing earnings estimates for the current quarter and one analyst revising the estimate downward from 23 cents to 17 cents per share [3] Group 2 - The high implied volatility surrounding Haverty Furniture may indicate a developing trading opportunity, as options traders often seek to sell premium on options with high implied volatility to capture decay [4]