Filed under: General Motors (GM), Options

General Motors (NYSE: GM) is expected to release Q4 EPS on February 12.

GM is recently down 33c to $27.24 on GMAC and macroeconomic concerns.

GM February straddle is priced at $2.50. GM March option implied volatility of 55 is above its 26-week average of 47 according to Track Data, suggesting larger movement.

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

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This entry was posted on Tuesday, February 5th, 2008 at 10:57 pm and is filed under Stocks Money News. 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.