Is the Options Market Predicting a Spike in First Business Financial Services (FBIZ) Stock?

Group 1 - The stock of First Business Financial Services, Inc. (FBIZ) is experiencing significant attention due to high implied volatility in the options market, particularly the Mar 21, 2025 $25.00 Put option [1] - Implied volatility indicates the market's expectation of future price movement, suggesting that investors anticipate a significant change in the stock's price, potentially due to an upcoming event [2] - First Business Financial Services holds a Zacks Rank 2 (Buy) in the Banks - Midwest industry, which is in the top 2% of the Zacks Industry Rank, indicating a positive outlook [3] Group 2 - Over the past 60 days, analysts have adjusted their earnings estimates for First Business Financial Services, with the consensus estimate rising from $1.19 to $1.29 per share [3] - The high implied volatility may signal a developing trading opportunity, as options traders often seek to sell premium on options with elevated implied volatility, aiming for the underlying stock to remain stable [4]