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Gol Linhas Aereas Inteligentes (NYSE: GOL - option chain) shares are rising today after the company reported a second-quarter profit of 353.7 million reals ($192 million) on revenue of 1.39 billion reals ($754 million). Analysts had predicted revenue of $708 million. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on GOL.GOL opened this morning at $9.11. So far today the stock has hit a low of $9.05 and a high of $9.40. As of 11:35, GOL is trading at $9.28 up 63 cents (7.3%). The chart for GOL looks bullish and S&P does not currently have a STARS rating for GOL.
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