Jun
21
2008
Option Update: Google July volatility elevated at 40 into EPS & outlook
Posted by: admin in Stocks NewsFiled under: Google (GOOG), Options
Google (NYSE: GOOG) shut at $562.38 Wednesday.
GOOG is expected to report Q2 EPS in early July.
Smith Barney reiterated its Buy rating and $630 price target on GOOG today.
GOOG July option implied volatility is at 40 is below its 26-week average of 36 according to Track Data, suggesting more massive price fluctuations.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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