Re:GE Woes Deepen as SEC Investigation Throws Wrench in Turn...
by inputcoffee on Wednesday January 24, 2018 @11:06AM
(#16223735)
This is true.
40% of the time, options prices move in the opposite direction of the earnings surprise.
For those who are skeptical, this is not magic. The reasons for it are all the reasons you might expect: the biggest investors may not agree with the market consensus, the analyst consensus doesn't weight analysts by credibility so the "credible" analysts may not match consensus and so on.
40% of the time, options prices move in the opposite direction of the earnings surprise.
For those who are skeptical, this is not magic. The reasons for it are all the reasons you might expect: the biggest investors may not agree with the market consensus, the analyst consensus doesn't weight analysts by credibility so the "credible" analysts may not match consensus and so on.