General Electric Co. options prices and put trading both jumped to a record as speculation its finance division needs more capital prompted bets the stock will sink to $2.50 by June.
(…) Trading of puts, which give the right to sell the stock at a set price and date, rose to a record 459,871. The shares tumbled 7.8 percent to $7.01, the lowest in 16 years. The second most-active options were puts giving the right to sell GE for $2.50 by June 19.
GE has lost 57 percent on the New York Stock Exchange in 2009 after dropping 56 percent last year. The company’s market value has fallen 81 percent to $80.3 billion from a peak of $431.6 billion in October 2007.
Este é um dos benefícios do mercado de futuros: investidores transmitem a convicção que, até Junho, a GE poderá estar em situação de insolvência. Tendo em conta esta informação, actuais (e potenciais) accionistas, gestores, trabalhadores, fornecedores e clientes podem preparar-se melhor para a possibilidade daquele evento se verificar.