Is the Options Market Predicting a Spike in Trex (TREX) Stock?

Investors in Trex Company, Inc. (TREX) need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 19, 2024 $45.00 Call had some of the highest implied volatility of all equity options today. What do the Analysts Think? Given the way analysts feel about Trex right now, this huge implied volatility could mean there's a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many ...