Core Viewpoint - Investors should closely monitor First Horizon Corporation (FHN) stock due to significant movements in the options market, particularly the high implied volatility of the Jan 16, 2026 $3 Put option [1] Group 1: Implied Volatility - Implied volatility indicates the market's expectation of 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 First Horizon options suggests that traders anticipate a notable price movement [4] Group 2: Analyst Sentiment - First Horizon holds a Zacks Rank 2 (Buy) in the Banks - Southwest industry, which is in the top 30% of the Zacks Industry Rank [3] - Over the past 30 days, two analysts have raised their earnings estimates for the current quarter, increasing the Zacks Consensus Estimate from 44 cents to 45 cents per share [3]