Is the Options Market Predicting a Spike in CTO Realty Growth (CTO) Stock?

Group 1 - The stock of CTO Realty Growth, Inc. (CTO) is experiencing significant attention due to high implied volatility in the options market, particularly for the May 16, 2025 $2.50 Call 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] - Analysts currently rate CTO Realty Growth as a Zacks Rank 3 (Hold), with no upward revisions in earnings estimates over the last 60 days, leading to a decrease in the Zacks Consensus Estimate from 51 cents to 50 cents per share [3] Group 2 - The high implied volatility for CTO Realty Growth may indicate a trading opportunity, as options traders often seek to sell premium on options with such volatility, aiming to benefit from time decay [4]