Goldman Recommends Buying Harley-Davidson (HOG) Calls Ahead of Analyst Day

November 15, 2011 8:59 AM EST
Option strategists at Goldman Sachs are recommending buying Harley-Davidson, Inc. (NYSE: HOG) options ahead of the analyst/investor event in York Pennsylvania this week.

They expect the analyst meeting to be more impactful than normal as an unexpected operating frictions from the York restructuring sent shares down 7% on 18-October with Q3 earnings.

Goldman noted that share have moved +/-5.2% on average in week of past 4 analyst days.

The firm is recommending Buy November $40 calls for $0.45.


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