Is the Options Market Predicting a Spike in MillerKnoll Stock?

Group 1 - The stock of MillerKnoll, Inc. (MLKN) is experiencing significant attention due to high implied volatility in the options market, particularly for the Nov. 21, 2025 $15 Call option [1] - Implied volatility indicates market expectations for future stock movement, suggesting potential upcoming events that could lead to substantial price changes [2] - Currently, MillerKnoll holds a Zacks Rank 2 (Buy) in the Furniture industry, which is in the top 30% of the Zacks Industry Rank [3] Group 2 - Over the past 60 days, no analysts have increased earnings estimates for MillerKnoll for the current quarter, while one analyst has lowered their estimate, resulting in a decrease in the Zacks Consensus Estimate from 42 cents per share to 40 cents [3] - The 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]