Option update: GE implied volatility up into EPS

Posted Oct 8th 2007 9:45AM by Paul Foster
Filed under: General Electric (GE), Options

General Electric (NYSE: GE) will report third quarter EPS on 10/12.

Alex Brown says: "Given attractive risk/reward verses our $47 TP, we reiterate Buy."
Investors and analysts have frequently called for the sale of NBC Universal because of its declining revenue and GE's 'Six Sigma' discipline not being compatible with Hollywood sensibilities.
GE October option implied volatility of 24 is above its 26-week average of 20 according to Track Data, suggesting larger risk.

Stryker (NYSE: SYK), a medical technology company with a broad range of products in orthopedics and medical specialties, closed $73.14.

SYK will report EPS on 10/17.
SYK has been frequently subject to unconfirmed buyout chatter.
SYK October option implied volatility of 34 is above its 26-week average of 25 according to Track Data, suggesting larger price fluctuations.

Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Tags: ge, general electric, GeneralElectric, medical technology, MedicalTechnology, nbc, option implied volatility, OptionImpliedVolatility, stryker, syk