Green Mountain Coffee (GMCR) August volatility elevated
Green Mountain Coffee (Nasdaq: GMCR) : Green Mountain Coffee is recently up $2.04 to $58.12. GMCR is expected to report Q3 EPS in late July. Dougherty started GMCR at a Buy rating. GMCR call option volume of 2,009 contracts compares to put volume of 2,331 contracts. July call option implied volatility is at 54, puts at 59; August calls are at 61, puts at 68; verses its six month average of 56, according to Track Data, suggesting larger price movement into EPS. GMCR puts are more expensive than calls because GMCR is difficult to borrow. Paul Foster
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