Company Overview - Millicom International Cellular S.A. (TIGO) is experiencing significant attention from investors due to high implied volatility in its options market, particularly the Jan 16, 2026 $25.00 Put option [1] - The company currently holds a Zacks Rank of 1 (Strong Buy) within the Wireless Non-US industry, which is positioned in the bottom 33% of the Zacks Industry Rank [3] Earnings Estimates - Over the past 60 days, one analyst has raised the earnings estimates for Millicom for the current quarter, while no analysts have lowered their estimates, resulting in an increase in the Zacks Consensus Estimate from earnings of 55 cents per share to $1.05 [3] Market Sentiment - The high implied volatility suggests that options traders are anticipating a significant price movement for Millicom shares, indicating potential upcoming events that could lead to a major rally or sell-off [2][4] - Options traders often seek out 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 expected [4]

Company Overview - Red Rock Resorts, Inc. (RRR) is currently experiencing significant activity in the options market, particularly with the January 16, 2026 $35 Put option showing high implied volatility, indicating potential for a major price movement [1] Implied Volatility Insights - Implied volatility reflects market expectations for future price movements, suggesting that investors anticipate a significant change in Red Rock Resorts' stock price, possibly due to an upcoming event [2] Analyst Sentiment - Red Rock Resorts holds a Zacks Rank of 3 (Hold) within the Gaming industry, which is positioned in the bottom 26% of the Zacks Industry Rank. Over the past 60 days, two analysts have raised their earnings estimates for the current quarter, while three have lowered theirs, resulting in a decrease in the Zacks Consensus Estimate from 44 cents to 42 cents per share [3] Trading Strategy Implications - The high implied volatility surrounding Red Rock Resorts may indicate a developing trading opportunity. Options traders often seek to sell premium on options with high implied volatility, aiming to benefit from the decay of the option's value if the stock does not move as much as anticipated [4]

Bitcoin (BTC) has spent virtually all of December locked between $85,000 and $90,000, while U.S. equities rallied and gold hit all-time highs. That's left bitcoin investors frustrated, and the explanation lies in derivatives mechanics. Now, those same mechanics indicate that the largest cryptocurrency could be making a break toward the high end of the range. The more likely outcome after expiry is an upside resolution toward the mid $90,000s rather than a sustained break below $85,000. The key driver ha ...

Company Overview - Spok Holdings, Inc. (SPOK) is experiencing significant attention from investors due to high implied volatility in its options market, particularly the Jan 16, 2026 $7.50 Call option [1] - The company currently holds a Zacks Rank of 3 (Hold) within the Wireless National industry, which is positioned in the top 19% of the Zacks Industry Rank [3] Analyst Sentiment - Over the past 60 days, there have been no increases in earnings estimates for the current quarter from analysts, with one analyst revising the estimate downward, resulting in a consensus estimate decrease from earnings of 20 cents per share to 18 cents [3] Options Market Insights - The high implied volatility suggests that options traders are anticipating a significant price movement for Spok shares, indicating potential upcoming events that could lead to a rally or sell-off [2][4] - Seasoned options traders often seek to sell premium on options with high implied volatility, aiming to benefit from the decay of the option's value if the underlying stock does not move as much as expected [4]

Core Insights - Investors in Evolent Health, Inc. (EVH) should monitor the stock closely due to significant movements in the options market, particularly the Jan 16, 2026 $25 Call, which has high implied volatility [1] Group 1: Implied Volatility - Implied volatility indicates the market's expectations for future stock movement, with high levels suggesting potential for a significant price change or an upcoming event that could trigger a rally or sell-off [2] - The current high implied volatility for Evolent Health may signal a developing trading opportunity, as options traders often seek to sell premium on such options to capture decay [4] Group 2: Analyst Sentiment - Evolent Health currently holds a Zacks Rank of 4 (Sell) within the Medical Info Systems industry, which ranks in the top 41% of the Zacks Industry Rank [3] - Over the past 60 days, no analysts have raised their earnings estimates for the current quarter, while three have lowered their estimates, resulting in a decrease in the Zacks Consensus Estimate from 11 cents per share to 6 cents [3]

Core Insights - Investors in Shift4 Payments, Inc. (FOUR) should monitor stock movements due to high implied volatility in the options market, particularly for the Jan 01, 2026 $30.00 Call option [1] Company Overview - Shift4 Payments is currently rated as Zacks Rank 3 (Hold) within the Financial Transaction Services Industry, which is positioned in the bottom 33% of the Zacks Industry Rank [3] - Over the past 60 days, five analysts have raised their earnings estimates for the current quarter, while three have lowered theirs, resulting in a net increase of the Zacks Consensus Estimate from $1.54 to $1.60 per share [3] Market Sentiment - The high implied volatility suggests that options traders anticipate significant price movement for Shift4 Payments shares, indicating potential upcoming events that could lead to substantial price changes [2][4] - Options traders often seek high implied volatility options to sell premium, aiming to benefit from the decay of options value if the stock does not move as much as expected [4]

Core Viewpoint - New Gold Inc (NYSEAMERICAN: NGD) has experienced a significant stock increase of approximately 266% year-to-date, with a recent uptick of over 10% in the last five sessions, indicating strong buyer interest and potential for further gains [1][2]. Group 1: Stock Performance and Market Sentiment - The upcoming earnings report on February 18 is expected to influence NGD stock positively, as a favorable outcome could enhance the already bullish sentiment surrounding the stock [2]. - The recent rally in gold and silver prices is contributing to the positive market sentiment, which may continue into the new year [2]. Group 2: Acquisition Details - Coeur Mining, Inc. (NYSE:CDE) announced an all-stock acquisition of New Gold valued at approximately $7 billion, with an exchange ratio that values NGD at $8.51 per share, representing an 8% premium over the current stock price [3]. Group 3: Volatility and Price Movement - Expected move calculators predict a 19.1% price movement for NGD stock following the February earnings disclosure, indicating potential volatility [5]. - Implied volatility (IV) provides insights into expected price dispersion, although it does not directly indicate the likelihood of specific outcomes [6][7]. Group 4: Price Projections and Trading Strategies - The forward 10-week returns for NGD stock are projected to range between $8.80 and $10, with price clustering likely around $9.30 [11]. - A unique 4-6-U quant signal indicates that despite fewer up weeks, the stock price has trended upward, suggesting continued bullish potential [12]. - A trading strategy targeting a $10 strike price through a 9/10 bull call spread expiring February 20, 2026, is suggested, with a maximum payout of about 43% [14]. - An alternative strategy involving a 9/11 bull call spread is also proposed, requiring NGD stock to rise through $11 at expiration, with a potential maximum payout of roughly 111% [18].

Company Overview - Franklin Covey Co. (FC) is currently experiencing significant activity in the options market, particularly with the Jan 16, 2026 $15.00 Call option showing high implied volatility, indicating potential for a major price movement [1] Implied Volatility Insights - Implied volatility reflects market expectations for future price movements, suggesting that investors anticipate a significant change in Franklin Covey's stock price, possibly due to an upcoming event [2] Analyst Sentiment - Franklin Covey holds a Zacks Rank of 3 (Hold) within the Consulting Services industry, which is in the top 19% of the Zacks Industry Rank. Over the past 60 days, there have been no increases in earnings estimates for the current quarter, with two analysts lowering their estimates, resulting in a drop in the Zacks Consensus Estimate from 18 cents to 3 cents per share [3] Trading Strategy Implications - The high implied volatility surrounding Franklin Covey may indicate a developing trading opportunity. Options traders often seek to sell premium on options with high implied volatility, aiming to benefit from the decay of the option's value if the stock does not move as much as anticipated [4]

Core Insights - Volatility has decreased, with the VIX Index closing at 14.91, indicating a favorable environment for options trading [1] - Stocks with low implied volatility (IV) percentiles are being targeted for potential long straddle trades, with Airbnb Inc (ABNB) identified as a notable candidate [2] Options Strategy - A long straddle is an advanced options strategy aimed at profiting from significant price movements in either direction or an increase in implied volatility [3] - The strategy involves purchasing both a call and a put option, requiring the trader to pay two premiums upfront, which represents the maximum potential loss [3] Trade Setup - For Airbnb, the proposed long straddle involves buying a $135-strike call and a $135-strike put, with a total premium of $1,955, which is also the maximum loss [5] - The lower breakeven price is set at $115.45, while the upper breakeven price is at $154.55, indicating the price range within which the trade will be profitable [5] Profit and Loss Considerations - The potential profit from this strategy is theoretically unlimited, but the trade incurs daily losses due to time decay if no significant price movement occurs [4] - A stop loss is typically set at around 20% of the capital at risk, approximately $390, with a profit target of around 40% [7] Conditions for Long Straddle - Both options in a long straddle must share the same underlying stock, expiration date, and strike price [8]

Group 1 - The stock of Douglas Emmett, Inc. (DEI) is experiencing significant attention due to high implied volatility in the options market, particularly for the Jan 16, 2026 $7.50 Call option [1] - Implied volatility indicates the market's expectation of future price movement, suggesting that investors anticipate a significant change in the stock's price, potentially due to an upcoming event [2] - Douglas Emmett currently holds a Zacks Rank 3 (Hold) in the REIT and Equity Trust - Other industry, which is in the top 40% of the Zacks Industry Rank [3] Group 2 - Over the past 60 days, no analysts have raised their earnings estimates for Douglas Emmett for the current quarter, while two analysts have lowered their estimates, resulting in a decrease in the Zacks Consensus Estimate from 36 cents to 35 cents per share [3] - The high implied volatility may indicate a trading opportunity, as options traders often seek to sell premium on options with high implied volatility, hoping the underlying stock does not move as much as expected by expiration [4]