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April 25, 2013  Thu 7:31 AM CT

AKAM: SEE CHART GET CHAIN FIND STRATEGIES
Earnings, Revenue Beat The Street

Akamai Technology earned $0.51 a share on revenue of $386 million. That was better than the consensus estimates for $0.46 on the bottom line and $357.6 million on the top line. AKAM surges 18 percent before the bell on my tradeMONSTER platform.

Intuit Drops on TurboTax Weakness

Intuit said revenue will be no more than $2.175 billion in the third quarter ending this month, below its previous guidance of $2.215 billion to $2.275 billion. Earnings of $2.92 to $2.94 a share will also lag the earlier estimate of $2.99 to $3.04. Management cited weak sales of TurboTax. That has INTU down 12 percent in the pre-market.

Infinera Rallies on Quarterly Results

Infinera reported first-quarter revenue of $125 million, while analysts had only projected $119.6 million. The company's per-share net loss was also $0.06, narrower than the $0.07 expected loss. INFN rallies 19 percent in early trading.
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The Movement of Delta

In our last column, we spoke about delta. You might remember that we discussed what delta was and what factors affected or changed delta. As you recall, we stated that three factors will have an effect on delta. They were movements of time, volatility, and underlying price. Today, we want to take a further look into the change of delta, this time focusing on change due to the movement in the underlying price. 

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