Is the Options Market Predicting a Spike in Argan Stock?

Company Overview - Argan, Inc. (AGX) is currently experiencing significant activity in the options market, particularly with the Oct 17, 2025 $340.00 Call option showing high implied volatility, indicating potential for a major price movement [1] - The company holds a Zacks Rank 3 (Hold) in the Building Products - Miscellaneous industry, which is positioned in the top 42% of the Zacks Industry Rank [3] Analyst Insights - Over the past 60 days, one analyst has raised earnings estimates for the current quarter, increasing the Zacks Consensus Estimate from $1.51 to $1.65 per share, while no analysts have lowered their estimates [3] Market Sentiment - The high implied volatility suggests that options traders are anticipating a significant price movement for Argan shares, which could indicate an upcoming event that may lead to a substantial rally or sell-off [2][4] - Seasoned options traders often seek to sell premium on options with high implied volatility, aiming to benefit from the decay of the option's value if the underlying stock does not move as much as expected [4]