Options Trading News

October 11, 2013  Fri 2:45 AM CT

Bank earnings and consumer sentiment are the main events on today's calendar.

JP Morgan and Wells Fargo both issue quarterly results before the opening bell. The University of Michigan releases its consumer-sentiment report at 9:55 a.m. ET. Economists expect a reading of 74.5, down from 77.5 last month. A higher figure would be bullish and a lower number bearish.

Political events in Washington could also affect sentiment, but most of the short-term fear has been removed after House Republicans agreed to a tentative increase in the country's debt limit yesterday.

The federal government remains shut because a budget hasn't been passed, so other reports such as monthly retail sales will not be released. That also leaves next week's schedule relatively quiet for U.S. data, but other countries are active.

China announces its trade numbers late this evening, which could affect sentiment Monday morning, when the Eurozone also publishes industrial-production numbers.

Earnings get busy next Tuesday, with results scheduled in the morning from Citigroup, Johnson & Johnson and Coca-Cola. CSX, Intel, and Yahoo follow in the evening. Germany's Zew economic survey also comes early in the morning.

Wednesday features Bank of America, Bank of New York Mellon, Blackrock, Pepsico, and U.S. Bancorp in the morning. American Express, eBay, IBM, and Xilinx follow in the afternoon.

Thursday's big names include Goldman Sachs, United Healthcare, Union Pacific, and Verizon Communications in the morning. After the bell come Capital One, Google, and Intuitive Surgical. Chinese industrial production will also be announced in the evening.

Friday brings results from General Electric, Honeywell, Ingersoll-Rand, Morgan Stanley, and Textron.
Share this article with your friends

Related Stories


Stocks rally as earnings approach

October 7, 2015

S&P 500 futures are up half a percent, similar to the moves in Europe. Asia was mostly higher overnight, though China remained closed for a holiday. Oil is strong again.


Mortgage data tops quiet agenda

October 7, 2015

Weekly mortgage applications are the first U.S. event at 7 a.m. ET, followed by crude-oil inventories at 10:30 a.m. ET. Consumer-credit numbers are due at 3 p.m. ET.


Stocks pause after quick bounce

October 6, 2015

S&P 500 futures are down 0.2 percent, while Europe is fractionally higher. Asia rose 0.5-1 percent overnight, though Chinese markets remain closed for a holiday.


PepsiCo earnings on slow docket

October 6, 2015

PepsiCo announces quarterly results before the opening bell and Yum Brands follows in the afternoon. The Commerce Department releases the U.S. trade balance for August.


Stocks keep upward momentum

October 5, 2015

S&P 500 futures are up 0.7 percent, while most of Europe is up 2-3 percent. Asian markets rose 1-2 percent overnight.

Invest Like a Monster - San Antonio: October 9-10


The fastest money in the market
View full report »

Premium Services

Archived Webinar

Education & Strategy

The covered call and unhedged risk

I have written a few things on the Covered Call Strategy over the last two weeks. Please understand that those two previous articles plus this one do not constitute a proper, fully in-depth lesson on the Covered Call Strategy like we have in our classes at Option Monster Education. I have picked out a few topics that I believe were worth noting and today I am going to add the final one.

View more education articles »