Implied Volatility Spikes for Bank of Hawaii Options Amid Analyst Optimism

Bank of Hawaii Corporation's (BOH) stock options have high implied volatility, indicating investors expect a big move in the company's share price. BOH is a Zacks Rank #4 (Sell) in the Banks - West Industry with a Zacks Consensus Estimate for the current quarter at $1.34 per share, up from $1.26 per share over the last 60 days. This suggests that options traders may be looking to sell premium on high implied volatility options to capture decay.