Learn the trade here. Make it on tradeMONSTER

Options Trading News

March 20, 2013  Wed 7:33 AM CT

APC: SEE CHART GET CHAIN FIND STRATEGIES
High Quality Find in Shenandoah Basis

Anadarko Petroleum announced the discovery of a major oil deposit at its Shenandoah-2 well deep in the Gulf of Mexico, "of much higher quality" than earlier finds. APC rose 3 percent before the bell on my tradeMONSTER platform. Cobalt Energy, which owns one-fifth of the field, rallied 8 percent.

Adobe Climbs on Strong Results

Adobe Systems reported first-quarter profit of $0.35 a share, on revenue of $1.10 billion. Analysts had only expected $0.31 and $986 million, respectively. ADBE gains 5.5 percent in the premarket.

FedEx Profits Under Pressure

FedEx earned $1.23 a share, missing the $1.38 average analyst estimate. Revenue beat expectations, but the bottom-line guidance was weak as well. Profit is expected to be no more than $2.10 in the current quarter, while the Street is looking for $2.13. FDX drops 4 percent in the premarket.
Share this article with your friends


Related Stories

APC

Options led the way in Anadarko

April 4, 2014

The oil driller surged to all-time highs after settling an environmental lawsuit yesterday, and option traders made a killing on the move.

APC

Energy bulls come out in full force

April 2, 2014

Traders have been targeting the energy sector for months, and yesterday the bulls came out in full force with call buying in several names.

Premium Services

Education & Strategy

When cash is king (of hedging)

Whether your trades are winning or losing, it can be tempting to add to your positions. But in either case,...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER