Garmin GRMN (news,
chart,
quote) - GRMN volatility at 54; shares near two-year low
GRMN closed at $44.12. Robert Baird & Company say's "Reiterate Outperformance; Sum of parts compelling, growth opportunities remain." GRMN over all option implied volatility of 54 is below its 6-month average of 58 according to Track Data, indicating decreasing price movement.
DISCLAIMER: RED Option, in an attempt to provide the best resources from some of the industry's most capable people, has introduced our Market Minute commentary. RED Option does not endorse this commentary or information as trade recommendations nor does it have any input whatsoever into the decision making. Any content for the Market Minute is the sole opinion of the author.