wwwPosted Feb 5th 2008 11:22AM by Paul Foster
Filed under: General Motors (GM), Options
General Motors (NYSE: GM) is expected to release Q4 EPS on February 12.
GM is recently down 33c to $27.24 on GMAC and macroeconomic concerns.
GM February straddle is priced at $2.50. GM March option implied volatility of 55 is above its 26-week average of 47 according to Track Data, suggesting larger movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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