Option Update: Goldcorp volatility Flat into EPS as Gold trades $858

Posted May 2nd 2008 3:34PM by Paul Foster
Filed under: Options, Goldcorp Inc (GG)

Goldcorp (NYSE: GG), Canada's third largest producer of gold, scheduled to report EPS on May 5:

GG was recently up 83 cents to $35.93. Gold was recently trading up 0.92% to $858.70, according to Bloomberg. GG May option implied volatility of 49 was near its 26-week average, according to Track Data, suggesting non-directional price movement.

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

Tags: option implied volatility, OptionImpliedVolatility

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Option Update: Goldcorp volatility Flat into EPS as Gold trades $858

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