Highly-Caffeinated Option Power
Green Mountain Coffee Roasters (GMCR) is due to report this afternoon. Their earlier pre-announcement sent the shares tumbling, pushing implied volatility (option premiums) way up.
Even the reduced estimates are not bad on a valuation basis with the stock under $18. The consensus view for the June quarter (fiscal Q3) is now $0.50 a share and it's $2.37 for the fiscal year ending September....131 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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