Stocks with Notable Option Volatility: Nikola, Coca-Cola, First Republic Bank and More

Shares of FRC fell nearly 4% on Friday, with option volume reaching 144,570. The stock's implied volatility is currently at 180%, which is significantly higher than its 1-year high of 405%. The IV percentile is at 96%, indicating that options traders are pricing in high volatility for FRC in the near future. It's worth keeping an eye on FRC in the coming weeks to see if this volatility continues or if there are any major developments affecting the stock.

Conagra Brands Inc. (CAG) saw a drop in share price of nearly 1.5% last Friday, with an option volume of 7.72K. The current implied volatility (IV) percentile is at 7%, with the 1-year high at 34% and the current IV at 17%. The company is expected to release its earnings report on April 27th. Conagra Brands is a leading packaged foods company with a diverse portfolio of brands, including Hunt's, Slim Jim, and Marie Callender's.

The drop in share price and low IV percentile may indicate a lack of volatility in the stock, with investors awaiting the upcoming earnings report. It remains to be seen how the company will perform in the coming weeks, but many will be keeping a close eye on Conagra Brands' financial results.

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.