Is the Options Market Predicting a Spike in Harmonic (HLIT) Stock?

Clearly, options traders are pricing in a big move for HLIT shares, but what is the fundamental picture for the company? Currently, HLIT is a Zacks Rank #3 (Hold) in the Communication-Components industry that ranks in the Top 31% of our Zacks Industry Rank. Over the last 60 days, none of the analysts have increased their earnings estimates for the current quarter, while three have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from seven cents per shar ...