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Option Update: General Electric July volatility skewed higher into EPS & outlook

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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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Last updated: November 27, 2009: 07:06 PM

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