Implied Volatility Surging for FirstEnergy Stock Options

Group 1 - The options market indicates significant implied volatility for FirstEnergy Corp., particularly for the Dec. 19, 2025 $55.00 Put option, suggesting that investors expect a substantial price movement [1][3] - Implied volatility reflects market expectations of future stock movement, often indicating potential upcoming events that could lead to a major price change [2] - FirstEnergy currently holds a Zacks Rank 2 (Buy) in the Utility - Electric Power industry, which is in the top 26% of the Zacks Industry Rank [3] Group 2 - Over the past 60 days, no analysts have raised their earnings estimates for FirstEnergy's current quarter, while two have lowered their estimates, resulting in a decrease in the Zacks Consensus Estimate from 65 cents to 60 cents per share [3] - The high implied volatility may present trading opportunities, as seasoned options traders often seek to sell premium on such options, hoping the stock does not move as much as anticipated by expiration [4]