Options Update: Goldman Sachs Shares Rally into SEC Announcement

Filed under: Goldman Sachs Group (GS), BP p.l.c. ADS (BP)

Goldman Sachs Group, Inc. (GS) is recently trading at $148.97 in after hours trading, above its close of $145.22. The SEC is expected to make a significant announcement today today concerning GS. GS is expected to announce Q2 EPS on July 20. GS total option volume today was 200K contracts. August put option implied volatility is at 39, October is at 38; near its six-month average of 37, according to Track Data, suggesting non-directional price movement



BP plc (BP) rallied 9% to $39.44 after saying oil flow stopped as part of the well integrity test. BP call option volume of 226K contracts compares to put volume of 144K. BP August put option implied volatility is at 59, below a level of 68 from July 15 according to Track Data, suggesting less risk.



Update is by Stock Specialist Paul Foster of theflyonthewall.com

Options Update: Goldman Sachs Shares Rally into SEC Announcement originally appeared on BloggingStocks on Thu, 15 Jul 2010 17:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments
















Option - Goldman Sachs - Business - Investing - BloggingStocks

Full story at http://www.pheedcontent.com/click.phdo?i=94d8d3618cb711febc191265a2fb383b