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Is the Options Market Predicting a Spike in ConocoPhillips (COP) Stock?
COPConocoPhillips(COP) ZACKS·2025-02-19 16:05

Group 1 - The options market indicates significant implied volatility for ConocoPhillips, particularly for the Mar 21, 2025 60Calloption,suggestingthatinvestorsexpectasubstantialpricemovement[1]−Impliedvolatilityreflectsmarketexpectationsoffuturestockmovement,oftenindicatingpotentialupcomingeventsthatcouldleadtoamajorpricechange[2]−ConocoPhillipscurrentlyholdsaZacksRank3(Hold)intheOilandGas−Integrated−UnitedStatesindustry,whichisinthetop1560 Call option, suggesting that investors expect a substantial price movement [1] - Implied volatility reflects market expectations of future stock movement, often indicating potential upcoming events that could lead to a major price change [2] - ConocoPhillips currently holds a Zacks Rank 3 (Hold) in the Oil and Gas - Integrated - United States industry, which is in the top 15% of the Zacks Industry Rank [3] Group 2 - Over the past 30 days, five analysts have raised their earnings estimates for ConocoPhillips for the current quarter, while one has lowered it, resulting in a consensus estimate increase from 1.91 to $2.06 per share [3] - The high implied volatility may present trading opportunities, as seasoned options traders often seek to sell premium on such options, anticipating that the underlying stock will not move as much as expected by expiration [4]