Gates Industrial Corporation - GTES

                                                    

Gates Industrial Corporation (GTES) is a very large manufacturer of application specific fluid power and power transmission solutions. The company was founded in 1911, in Denver, Colorado, and currently that is its Global headquarters, with regional headquarters in cities such as Singapore, Luxembourg, and Shanghai. The Implied Volatility (IV) of the company for 30 day ATM is currently at 51%. The ATM Straddle Premium is 12.87, while the Put-Call Ratio (based on Open Interest) is at 96, its yearly high. The estimated interim results of the company is expected to release on the 31st of July, 2019.