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General Electric (NYSE: GE) closed at $28.06 Tuesday.
GE is scheduled to report Q2 EPS on July 11.
Goldman Sachs says: "Higher uncertainty, lower expectations into 2Q; remain Neutral."
GE July option implied volatility is at 44, August is at 33; above its 26-week average of 30 according to Track Data, suggesting larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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Reader Comments (Page 1 of 1)
7-09-2008 @ 12:04PM
speculator said...
If GE has a good earnings report, the stock will surge. Immelt is buying. But the market is going down over the next year. The economy is going to by weak until the United States takes care of its biggest problem. One billionaire calls our biggest problem the %uFFFDLargest transfer of wealth in the history of mankind%uFFFD. Find out who said it and how we correct it .
www.theinvestingspeculator.com
7-09-2008 @ 12:12PM
speculator said...
If Ge has a good earnings report. It will surge because it is oversold. Immelt is buying. But the market is going down over the next year because of energy. The economy is going to by weak until the United States takes care of its biggest problem. One billionaire calls our biggest problem the %uFFFDLargest transfer of wealth in the history of mankind%uFFFD. Find out who said it and how we correct it
www.theinvestingspeculator.com