Are Options Traders Betting on a Big Move in BrightSpring Health Services, Inc. (BTSG) Stock?

Investors in BrightSpring Health Services, Inc. BTSG need to pay close attention to the stock based on moves in the options market lately. That is because the Apr 17, 2025 $17.50 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.What do the Analysts Think?Clearly, options traders are pricing in a big move for BrightSpring Health Services, Inc.  shares, but what is the fundamental picture for the company? Currently, BrightSpring Health Services, Inc.  is a Zacks Rank #5 (Strong Sell) in the Medical Services industry that ranks in the Bottom 32% of our Zacks Industry Rank. Over the last 60 days, two analysts have increased their estimate for the current quarter, while none have revised their estimate downwards. The net effect has taken our Zacks Consensus Estimate for the current quarter to move from 23 cents per share to 24 cents in the same time period.Given the way analysts feel about BrightSpring Health Services, Inc.  right now, this huge implied volatility could mean there’s a trade developing. Often times, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.Looking to Trade Options?Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk.Click to see the trades now >>Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BrightSpring Health Services, Inc. (BTSG): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks