By Doris Frankel CHICAGO, June 30 (Reuters) - Billionaire investor Kirk Kerkorian's proposal for an international alliance involving General Motors Corp did little to relieve the long-term bearishness on the automaker in the equity options market, analysts and traders said on Friday. Kerkorian's announcement shocked investors, prompting an immediate jump in GM stock and speculation in the near-term options, most notably in defensive puts, on its shares. Options traders said some ...
Premium Content (PAID Subscription Required)
"Option players turn wary on proposed GM tie-up" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.