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General Electric Co. lifted its full-year profit outlook after reporting second-quarter earnings that surpassed analysts’ expectations. The industrial conglomerate said stronger demand across its core businesses drove the outperformance. The results reinforced investor confidence, sparking bullish options activity in GE shares. Several traders closed or adjusted positions in call spreads and strangles following the announcement, citing the stock’s post-earnings move and declining implied volatility.
bought to close $GE strangles
$GE "Trade Idea 4: Sell the July 245/285 Strangle for a $3.00 credit." looks to expire. Let IV fall then can buy to close or watch
$GE bull call spreads earnings play good for +80% https://t.co/kilFkwexzt