OptionsHouse

Options Trading News

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.

Share this article with your friends


Related Stories

MW

Bulls keep piling into Men's Wearhouse

January 26, 2016

The men's clothing retailer has plummeted more than 70 percent in the last three months, but traders are buying calls for the third time this month.

MW

Bulls try Men's Wearhouse on for size

January 21, 2016

Call buyers are betting on a rebound in the men's apparel retailer, which has lost three-quarters of its market value in the last three months.

MW

Men's Wearhouse calls bet on bounce

January 12, 2016

The apparel company gapped down after pre-announcing weak earnings and revenues in early November and has plunged 72 percent in the last three months.

OptionsHouse

Premium Services

Upcoming Webinar:

Using Options For Income

http://bit.ly/1nY1OKA

Jon Najarian and Adam Mesh of Options Wealth Machine discuss a detailed strategy utilizing credit spreads to generate income, and how any level of trader can use this simple trading technique.

Education & Strategy

Sweet Spot Exceptions

As discussed last week, when using the Stock Replacement Strategy to replace a stock position to trade direction, we want to use an option that has very similar characteristics to the stock. We talked about using the deep in-the-money, 80 to 85 delta option that is similar in the Greeks and has relatively little extrinsic value which tends to work against us in stock directional trading.

View more education articles »