Is the Options Market Predicting a Spike in Resideo Technologies (REZI) Stock?

Core Viewpoint - Investors in Resideo Technologies, Inc. (REZI) should closely monitor the stock due to significant movements in the options market, particularly the May 16, 2025 $12.50 Call, which has high implied volatility [1] Company Analysis - Resideo Technologies is currently rated as Zacks Rank 3 (Hold) within the Security and Safety Services industry, which ranks in the top 24% of the Zacks Industry Rank [3] - Over the past 60 days, no analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward, resulting in a decrease of the Zacks Consensus Estimate from 49 cents per share to 38 cents [3] Options Market Insights - The high implied volatility surrounding Resideo Technologies suggests that options traders are anticipating a significant price movement, which could indicate an upcoming event that may lead to a rally or sell-off [2][4] - Options traders often seek to sell premium on options with high implied volatility, as this strategy can capture decay, with the hope that the underlying stock does not move as much as expected by expiration [4]