Hedging for Alphabet Earnings Is Costliest Since 2009: Chart
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Hedging against a stock decline in Google parent Alphabet Inc. on the eve of its earnings report hasn’t been this expensive since 2009, even as implied volatility is lower than before previous releases. The options market is pricing in a one-day move of 4.2 percent following the announcement due after Thursday’s market close. That compares with an average gain or drop of 5 percent after the past eight quarterly releases.