Google GOOG (news,
chart,
quote) - GOOG April option implied volatility collapsing into S&P addition
GOOG will be added to the S&P 500 index on the close of trading tonight. GOOG April option implied volatility of 47 is below a level of 53 from one hour ago according to Track Data. Collapsing option implied volatility occurring as sellers realize less than expected risk into S&P addition and a lack of market moving events in April cycle.
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