SchaeffersResearch.com logo SchaeffersResearch.com 3 weeks ago

Options traders place diametrically opposed debit spreads on this blue-chip conglomerate

Options traders appear to be split down the middle when it comes to prospects for General Electric Co. (GE: sentiment, chart, options). Full Article at SchaeffersResearch.com

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  1. A security guard stands outside the General Electric building housing the NBC studios in New York, December 1, 2009.
  2. NEW YORK  - DECEMBER 1:   A general view of 30 Rockefeller Plaza, the headquarters of NBC and General Electric on December 1, 2009 in New York City. General Electric is poised to buy Vivendi's NBC Universal stake.
  3. NEW YORK - SEPTEMBER 24:  Jeffrey Immelt, Chairman and CEO of General Electric, appears on a panel at the Clinton Global Initiative (CGI) on September 24, 2009 in New York City.
  4. NEW YORK - NOVEMBER 09:  A trader works on the floor of the New York Stock Exchange before the closing bell November 9, 2009 in New York City. Dow Jones Industrial Average Dow finished up over 200 points to close at its highest mark of the year at 10,226.94.
  5. A specialist works at his post on the floor of the New York Stock Exchange Friday, Oct. 30, 2009. Major stock indexes tumbled more than 2 percent in late afternoon trading, including the Dow Jones industrials, which gave back all of Thursday's 200-point gain.
  6. NEW YORK - OCTOBER 14: A trader talks on the phone on the floor of the New York Stock Exchange on October 14, 2009 in New York, New York. The Dow Jones industrial average past the 10,000 mark in afternoon trading for the first time in a year.
  7. NEW YORK - SEPTEMBER 01:  A financial professional works in a booth on the floor of the New York Stock Exchange near the end of the trading day September 1, 2009 in New York City. Stocks closed down September 1 as sinking financial shares dragged the Dow Jones average down nearly 200 points.

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