Google (GOOG) July volatility elevated into Q2 results

Google (Nasdaq: GOOG) is expected to release Q2 results on July 14. GOOG price target was lowered to $700 from $750 and maintained at its Buy rating at BofA/Merrill. July 530 put option implied volatility is at 63 and August is at 31; compared to its six-month average of 27 according to Track Data, suggesting larger price movement.

---

Are you missing key trading opportunities? Upgrade to StreetInsider Premium and get a step ahead of the market - FREE TRIAL!