The company traded over 12,000 options on total daily average option volume of just 3,330. The largest trades are Aug 14, 15 call purchases and Oct 11, Jan '11 10 put sales.
GE has followed a consistent pattern for seven out of the last eight earnings starting with the 10-10-2008 cycle and ending with the last earnings cycle on 4-16-2010. Specifically, a straddle sale at the close on the day of earnings and a purchase back the day after was a winner seven times.
We can see the ATM straddle is now worth $0.95. Yesterday, the straddle was worth the same.
A roundup of activity in the futures market – Stuck in a Rut!
Unusual options activity review for Thursday, July 15, 2010
Top Ten Most Active Equity Options & Strikes – C, CAT, AAPL, BAC, INTC
The company traded over 19,000 options on total daily average option volume of just 6,542. All but 2,605 contracts were calls yielding a 6:1 call:put ratio.
Implied volatility movers and unusual volume movers for midday 7/15
BP Call Spreaders Assert Optimism – Featured Tickers: BP & MOT
Options Intelligence Report for JPMorgan Chase and Co. (JPM) & Safeway Inc. (SWY)
I’m not that enthusiastic about the benefits of managed futures, at least in their current form.
A roundup of activity in the futures market – Dollar Doldrums