The large skew indicates that the market is bracing for short-term volatility in Harley Davidson ahead of its earnings report, and the defensive put activity seems to suggest that some traders are concerned that the volatile move might be to the downside.
More Quotes from Frederic Ruffy:
The company delivered a profit report that surpassed even the most optimistic expectations.Frederic Ruffy
Shares of Network Appliance are off to a good start in 2006, up nearly 25 percent since December 30.
Frederic Ruffy
There might be some disappointment related to the latest trade volume data, especially the Chicago Board of Trade, where volume rose only 4 percent over year ago levels.
Frederic Ruffy
It is a sign that the world's largest retailer is taking steps to expand into the fast growing region and is looking for ways to sustain growth over the coming years.
Frederic Ruffy
Some might wonder, is the Internet search business booming enough to justify the lofty stock price--which includes a price-to-earnings ratio 175 percent greater than its peers and a total market value 20 times greater than its annual revenues.
Frederic Ruffy
Readers Who Like This Quotation Also Like:
Based on Keywords: bracing, davidson, harley, skewIf a Labour movement, on a bourgeois basis, has hitherto existed in the country where the new movement is awakening it will certainly not disappear all at once.
Karl Radek
Continually finding excuses for taking a small glass of brandy and water.
John Leech
The parallel development in American blues to the British movement has resulted in Johnny Winters.
Alexis Korner