India equity options pricing in a no-surprises election verdict [Reuters]
SOCIETE GENL FRNCE S/ADR (SCGLY)
NASDAQ:AMEX Investor Relations:
societegenerale.com/en/investors
Company Research
Source: Reuters
occasions, based on the low cost of insuring against a slide if Prime Minister Narendra Modi does not win a third straight term. The Nifty 50 , India's main equity gauge, is trading at record-high levels amid predicting Modi's Bharatiya Janata Party (BJP) will emerge victorious in the elections that started on April 19 and runs through June 4, when results are due. A month before that, the implied volatility of a put option with a strike price that is 10% below the current level of the Nifty 50 Index is at 18%-20% on the National Stock Exchange. At this time in 2019, the implied volatility was 28%-30%, suggesting an investor had to pay much more to protect against an unexpected outcome -- a BJP loss -- that year. Implied volatility is a key variable in options pricing. A lower number indicates investors are relatively more confident about the outcome of an event. "I think there's a high level of confidence that there will be stability in the Prime Minister's office post the
Show less
Read more
Impact Snapshot
Event Time:
SCGLY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SCGLY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SCGLY alerts
High impacting SOCIETE GENL FRNCE S/ADR news events
Weekly update
A roundup of the hottest topics
SCGLY
News
- ReNew and Societe Generale sign MoU for USD 1 Billion to broaden collaboration on energy transition projects [Yahoo! Finance]Yahoo! Finance
- Foreigners Most Short on India Stocks Since 2012 on Poll Jitters [Yahoo! Finance Canada]Yahoo! Finance Canada
- Foreigners Most Short on India Stocks Since 2012 on Poll Jitters [BNN Bloomberg (Canada)]BNN Bloomberg
- Wall Street Lunch: Meme Stock Rollercoaster Boarding [Seeking Alpha]Seeking Alpha
- BNP Paribas CEO dampens hopes for European bank M&A revival [Reuters]Reuters