Stocks with Notable Option Volatility: Vinco Ventures, ZTO Express, Workhorse and More

Bed Bath & Beyond (BBBY) saw a sharp drop in its share price yesterday, as it closed down 4.75%. However, after-hour trading saw the stock rebound, gaining 4.48%. Option volume for the day was relatively high at 80.65K, and the Implied Volatility (IV) percentile was 95%, indicating that option prices were higher than they typically are. The current IV stands at 328%, down from yesterday's 1-day change of 328%.

Despite the stock's volatility, the company recently struck a $120 million deal to help get merchandise back on its shelves as it tiptoes around a potential bankruptcy filing. This news could potentially provide some stability for the stock, though investors should keep a close eye on the situation. Traders looking to invest in BBBY options should be aware of the high IV, which could make options more expensive. However, if the stock continues to show volatility, options traders could potentially benefit from the increased premiums.

Coca-Cola (KO) saw its shares rise by 0.95% in yesterday's trading session, with option volume reaching 53.88K. The current implied volatility (IV) stands at 16%, with a 1-year high of 29%. In the last day, IV experienced a 15.9% change. The beverage giant is slated to release its quarterly earnings report on April 24th before the market opens. With earnings around the corner, investors should keep a close eye on Coca-Cola's financial performance.

Options buyers could be taking advantage of the lower IV percentile. This strategy could provide a lower-cost opportunity to profit from potential share price movements that could result from the upcoming earnings report.

Option implied volatility is a measure of the market's expectation for how much an asset's price will fluctuate in the future, as implied by the prices of options on that asset.

Options are financial contracts that give the holder the right, but not the obligation, to buy or sell an underlying asset at a predetermined price and time. The price of an option is influenced by various factors, including the current price of the underlying asset, the strike price, the time to expiration, and the implied volatility.