Is the Options Market Predicting a Spike in Alexander & Baldwin Stock?

Group 1 - The stock of Alexander & Baldwin, Inc. (ALEX) is experiencing significant attention due to high implied volatility in the options market, particularly for the Sep 19, 2025 $22.5 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] - Currently, Alexander & Baldwin holds a Zacks Rank 3 (Hold) in the REIT and Equity Trust - Other industry, which is in the top 41% of the Zacks Industry Rank, with no analysts increasing earnings estimates for the current quarter [3] Group 2 - The recent high implied volatility may indicate a developing trading opportunity, as options traders often seek to sell premium on options with high implied volatility to capture decay [4] - The Zacks Consensus Estimate for the current quarter has decreased from 29 cents per share to 28 cents, reflecting a downward revision by one analyst [3]