Unveiling potential trading opportunities arising from LendingTree.
LendingTree, Inc. (TREE) has ignited a notable movement, catching the attention of investors and market participants alike. The anticipated future results are now coming to fruition, as LendingTree’s stock experiences a substantial shift.
Treecom Stock Price Today | NASDAQ TREE Live Ticker – Investing.com
Investors who are interested in LendingTree, Inc. (TREE) should closely monitor the stock’s activity in the options market. Recently, the Jul 21, 2023 $45.00 Put option showed one of the highest levels of implied volatility among all equity options. Implied volatility indicates the amount of anticipated movement in the market in the future. When options have high implied volatility, it suggests that investors in the underlying stocks are expecting a significant price change in either direction. This could be due to an upcoming event that may result in a major rally or a substantial sell-off. However, it’s important to note that implied volatility is just one factor to consider when creating an options trading strategy.
It’s evident that options traders are pricing in a substantial movement for LendingTree shares. But what do analysts think about the company? Currently, LendingTree holds a Zacks Rank #3 (Hold) in the Financial – Mortgage & Related Services industry, which ranks in the bottom 21% of our Zacks Industry Rank. Over the past 30 days, the Zacks Consensus Estimate for the current quarter has decreased from 32 cents per share to 31 cents.
Considering the sentiment of analysts towards LendingTree at the moment, the high implied volatility could indicate a potential trading opportunity. Experienced traders often look for options with elevated implied volatility to sell premium. This strategy aims to capture decay, with the hope that, by expiration, the underlying stock will not experience as much movement as initially anticipated.
