MORE HEAVY PUT BUYING IN GE

As we reported back in early March put buying in GE has been abnormally heavy.  We’re seeing the trend pick up steam this week as the put/call ratio in GE rises over 3:1.  Put buyers have purchased almost 75,000 of the April $10’s.  Buying in the options was at a 30:1 ratio today.  Someone is betting on at least a 10%+ drop in GE heading into earnings.

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Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.

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