Trade
Traders in Power Fuels Inc. UUUU have to pay shut consideration to the inventory based mostly on strikes within the choices market these days. That’s as a result of the Jan 17, 2020 $2.50 Name had a number of the highest implied volatility of all fairness choices at present.
What’s Implied Volatility?
Implied volatility exhibits how a lot motion the market is anticipating sooner or later. Choices with excessive ranges of implied volatility counsel that buyers within the underlying shares predict an enormous transfer in a single course or the opposite. It may additionally imply there may be an occasion developing quickly that will trigger an enormous rally or an enormous unload. Nonetheless, implied volatility is just one piece of the puzzle when placing collectively an choices buying and selling technique.
What do the Analysts Assume?
Clearly, choices merchants are pricing in an enormous transfer for Power Fuels shares, however what’s the basic image for the corporate? Presently, Power Fuels is a Zacks Rank #4 (Promote) within the Mining – Non Ferrous business that ranks within the Prime 32% of our Zacks Business Rank. Over the past 60 days, no analysts have elevated their earnings estimates for the present quarter, whereas one has revised the estimates downward. The web impact has taken our Zacks Consensus Estimate for the…