OptionsHouse

Options Trading News

September 25, 2013  Wed 7:33 AM CT

ASNA: SEE CHART GET CHAIN FIND STRATEGIES

Earnings, Sales, Guidance Strong

Ascena Retail earned $0.34 a share in the fourth quarter, crushing analysts' estimates for profit of $0.21. Sales of $1.20 billion also beat the $1.17 billion consensus number, and guidance was strong. ASNA surges 14 percent before the opening bell on my tradeMONSTER platform.

Copart Falls on Weak Results

Copart reported quarterly profit of just $0.33 a share, missing the $0.40 average analyst estimate. The company also announced that it has abandoned efforts to become a real-estate investment trust. CPRT drops 10 percent in the premarket.

A Lifeline for Oncothyreon

Oncothyreon cratered in December on weak trial data for its L-BLP25 cancer compound, but is getting a major shot in the arm today after Germany's Merck KGaA decided to continue clinical development. ONTY rockets 25 percent on the news!

Share this article with your friends


Related Stories

ASNA

Ascena bulls shopping for rebound

January 26, 2015

Traders are buying calls in the retailer, which is trying to rebound from multi-year lows with about 1-1/2 months before its next earnings report.

Invest Like a Monster - Las Vegas: March 13-14

Premium Services

Archived Webinar

Option Money Machine Winter Classic

Education & Strategy

The rolling technique

In the January 7th edition of Advantage Point, we initiated the purchase of a second week-out GOOGL 535 put at...

View more education articles »