Options traders are betting on an explosive move in General Electric Co. shares after its earnings on Tuesday, a sign that turbulence in the battered stock may not be over.
Prices of options indicate expectations for about a 9% swing in the conglomerate’s shares after first-quarter earnings are released, according to data provider Trade Alert. That is bigger than the average move of 4.7% that the stock posted after the past eight earnings releases. The forecast measures the size of the move, not the direction.
📉 this company can’t do anything right
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