wwwPosted Jun 13th 2008 12:51PM by Paul Foster
Filed under: General Electric (GE), Options
General Electric (NYSE:GE) is recently down 26c to $28.80. GE is expected to report Q2 EPS in mid-July. GE call option volume of 69,403 contracts compares to put volume of 84,929 contracts. GE June option implied volatility is at 33, July is at 38; above its 26-week average of 28 according to Track Data, suggesting larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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