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


OptionsHouse

Premium Services

Upcoming Webinar:

How to Defend Your Portfolio and Profit in a Market Selloff

http://bit.ly/1OSMWU6

Jon Najarian and Sandy Chaikin of Chaikin Analytics demonstrate how to play defense when the market is selling off. And, how to turn misery into money, whether investing in stocks or trading options.

Education & Strategy

The sweet spot

When using the Stock Replacement Strategy, we must remember that in reality, we are doing a STOCK trade. We are just using options. We are replacing the stock position with an option position (long calls).

View more education articles »