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September 12, 2013  Thu 7:32 AM CT

MW: SEE CHART GET CHAIN FIND STRATEGIES

Results Miss, Guidance Disappoints

Men's Wearhouse reported second-quarter profit of $1.01 a share, missing the $1.14 average analyst forecast. Sales of $647.26 million also lagged the $662.4 million consensus number, and the company topped it off by lowering full-year guidance! MW tanks 15 percent before the opening bell on my tradeMONSTER platform.

Weak Outlook Sends Lululemon Lower

Lululemon athletica's results beat expectations, but the outlook going forward left something to be desired. Third-quarter revenue will be no more than $375 million and profit was forecast at $0.39 to $0.44 a share. That's a disappointment for investors expecting $389 million and $0.44, respectively. LULU falls 8 percent in early trading.

Pandora Climbs as McAndrews Steps In

Pandora media has a new CEO: Brian McAndrews, who led a company that was acquired by Microsoft for $6 billion in 2007. He later served as an executive at the software giant and has a broad background in media. P climbs 7 percent on the news.

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Options Academy: At the Break

So far, my articles have taken you through a logical progression of option theory and fundamental concepts of options. As of yet, I have not mentioned a single strategy and for a good reason! The actual application of a strategy should come AFTER you learn about the option product itself.

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