Is the Options Market Predicting a Spike in Itron Stock?

Company Overview - Itron, Inc. (ITRI) is currently experiencing significant activity in the options market, particularly with the Dec. 19, 2025 $95 Put option showing high implied volatility, indicating potential for a major price movement [1] - The company holds a Zacks Rank of 2 (Buy) within the Electronics - Testing Equipment industry, which is positioned in the bottom 23% of the Zacks Industry Rank [3] Analyst Insights - Over the past 60 days, four analysts have raised their earnings estimates for Itron for the current quarter, increasing the Zacks Consensus Estimate from $1.28 per share to $1.45 [3] - The high implied volatility in the options market suggests that traders are anticipating a significant price movement for Itron shares, which could indicate an upcoming event that may lead to a rally or sell-off [2][4] Trading Strategies - Options traders often seek out options with high implied volatility to sell premium, a strategy that aims to benefit from the decay of option value over time [4]