Is the Options Market Predicting a Spike in Asbury (ABG) Stock?

Group 1 - Investors in Asbury Automotive Group, Inc. (ABG) should monitor the stock due to significant activity in the options market, particularly the Apr 17, 2025 $200.00 Call which has high implied volatility [1] - Implied volatility indicates the market's expectation of future price movement, suggesting that investors anticipate a significant change in Asbury's stock price, possibly due to an upcoming event [2] - Asbury currently holds a Zacks Rank 3 (Hold) in the Automotive - Retail and Wholesale industry, which is in the top 18% of the Zacks Industry Rank, although the Zacks Consensus Estimate for the current quarter has decreased from $7.07 to $6.67 per share over the last 60 days [3] Group 2 - The high implied volatility surrounding Asbury's stock may indicate a developing trading opportunity, as options traders often seek to sell premium on options with high implied volatility to benefit from time decay [4]