• Daily Options Intelligence Report - General Electric butterfly predicts slump in share price

    GE – General Electric – One option trader is looking for General Electric to practically lose half of its value by the time February's option's expiration comes about. With shares currently trading down 5.3% at $13.21 an investor appears to have placed a butterfly combination in which three neighboring strikes were traded. In this case the butterfly has a 'body' at the 7.5 strike price