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Is the Options Market Predicting a Spike in Hartford Financial (HIG) Stock?
HIGThe Hartford(HIG) ZACKS·2025-02-10 15:36

Group 1 - The Hartford Insurance Group, Inc. (HIG) is experiencing significant activity in the options market, particularly with the Mar 21, 2025 70.00Callshowinghighimpliedvolatility,indicatingpotentialforamajorpricemovement[1]−Impliedvolatilityreflectsmarketexpectationsforfuturestockmovement,suggestingthatinvestorsanticipateasignificanteventthatcouldleadtoasubstantialrallyorsell−off[2]−Currently,HartfordFinancialholdsaZacksRank3(Hold)intheInsurance−Multilineindustry,whichisinthetop3570.00 Call showing high implied volatility, indicating potential for a major price movement [1] - Implied volatility reflects market expectations for future stock movement, suggesting that investors anticipate a significant event that could lead to a substantial rally or sell-off [2] - Currently, Hartford Financial holds a Zacks Rank 3 (Hold) in the Insurance - Multi line industry, which is in the top 35% of the Zacks Industry Rank, indicating a mixed outlook among analysts [3] Group 2 - Over the past 60 days, there has been a decrease in earnings estimates for Hartford Financial, with the consensus estimate dropping from 2.79 per share to $2.43, as one analyst raised estimates while five lowered theirs [3] - The high implied volatility may present trading opportunities, as options traders often seek to sell premium on options with such volatility, aiming for the underlying stock to not move as much as expected at expiration [4]