Is the Options Market Predicting a Spike in Matrix Service (MTRX) Stock?
Matrix Service pany(MTRX) Zacks Investment Research·2024-05-15 21:36
Investors in Matrix Service Company (MTRX) need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 16, 2024 $2.50 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Given the way analysts feel about Matrix Service 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 ...