General Electric (GE) volatility elevated into less than expected Q3 results

October 21, 2016 7:14 AM EDT

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General Electric (NYSE: GE) is recently down 23c to $28.84 in the premarket after reporting less than expected Q3 results and narrowing FY outlook. October option implied volatility is at 44, November is at 16; compared to its 52-week range of 14 to 33 into the expected release of Q3 results on October 20.

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