Is the Options Market Predicting a Spike in AbbVie Stock?

Core Viewpoint - Investors in AbbVie Inc. should closely monitor the stock due to significant movements in the options market, particularly the high implied volatility of the Mar 20, 2026 $90 Call option [1] Group 1: Implied Volatility - Implied volatility indicates the market's expectations for future price movements, with high levels suggesting potential significant price changes or upcoming events that could lead to a rally or sell-off [2] - Options traders often seek high implied volatility options to sell premium, aiming to benefit from the decay of options value if the underlying stock does not move as much as anticipated [4] Group 2: Analyst Sentiment - AbbVie currently holds a Zacks Rank of 3 (Hold) within the Large Cap Pharmaceuticals industry, which is positioned in the bottom 26% of the Zacks Industry Rank [3] - Over the past 30 days, no analysts have raised their earnings estimates for the current quarter, while four analysts have lowered their estimates, resulting in a decrease of the Zacks Consensus Estimate from $3.37 to $3.02 per share [3]