All Entries Tagged With: "$GS"
Single Stock VIX Values: A Longer-Term View
In a previous post I took a look at the new single-stock VIX-type indices that the CBOE is now publishing on five individual stocks. In theory, these indices should measure the hypothetical one-month implied volatility for options on these stocks (AMZN, AAPL, GOOG, GS, and IBM) – just as the VIX does for options on [...]
Single Stock “VIX” Levels: Comparing Two Sets Of Data
Bill Luby noted that the Chicago Board Options Exchange (CBOE) will be publishing “VIX index values” for these five individual stocks. Amazon (AMZN) Apple (AAPL) Google (GOOG) Goldman Sachs (GS) IBM (IBM) According to the CBOE, these single-stock “VIX-like” indices will measure implied volatility for options on these stocks in a similar way that the [...]
Goldman Sachs Sells Another Piece of Chinese Bank
In January 2006, Goldman Sachs Inc. (NYSE:GS) bought a 4.9% stake in the Industrial and Commercial Bank of China, known as the ICBC, for $2.58 billion. The purchase came before ICBC’s IPO, which raked in $22 billion for the bank in the largest-ever IPO (until this year’s launch of China’s Agricultural Bank of China). The [...]
July’s Most Actively Traded US Stocks
At Seeking Alpha, Wall St. Cheat Sheet’s Damien Hoffman posted an interesting article and chart on the most liquid stocks trading on U.S. exchanges (not counting ETFs). Citing a research study from Abel/Noser, Hoffman notes that just six stocks accounted for 10% of activity in July. About 4.24% of all market activity was represented by [...]
Goldman Sachs Spin-Off Rumors, Options vs. Stock (GS)
All week, Goldman Sachs Group Inc. (NYSE: GS) has been rumored to be announcing plans to spin off or reorganize its proprietary trading operations. Maybe it is a way around the recently passed financial regulation. Maybe it is a way to clean up its image. Maybe it is a way to normalize earnings from operations. [...]
The “WP” Ratio: Three Above-Average Companies
What if you measured companies not by earnings per share – but by productivity per worker? We could call this the “Worker Productivity,” or WP ratio. In a recent SmartMoney article, Jack Hough highlights three companies that reported higher than average profits per employee. Jack doesn’t share any information on how he compiled the data, [...]
Earnings War Between Morgan Stanley & Goldman Sachs
Goldman Sachs Group Inc. (NYSE: GS) may have just freshly reached a $550 million settlement with the SEC, but the normal blow-out earnings report did not follow suit. The key rival is Morgan Stanley (NYSE: MS), and so far it is Morgan Stanley that has received the best reception into this earnings season. Morgan Stanley [...]
Visual Volatility: What Options Volatility Looks Like
I was taking flying lessons one day when, just after takeoff, my instructor told me he wanted me to remember what climbing out at 75 knots “looked like.” My first thought was, “What the heck does that mean? It looks like 75 knots when the airspeed indicator says 75 knots.” But my instructor had a [...]
