Option Update: Google April volatility elevated at 50

Filed under: Google (GOOG), Options

Google (NASDAQ: GOOG) is recently down $16.80 to $441.40 in pre-open trading. Stanford Group says “Checks and data indicate softness. Reduce target to $500, maintain Hold.” GOOG is expected to report Q1 EPS on April 17. GOOG April option implied volatility of 50 is above its 26-week average of 37, according to Track Data, suggesting larger price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Permalink | Email this | Comments

Share This

This entry was posted on Thursday, March 27th, 2008 at 11:14 pm and is filed under Employment opportunities. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.