OptionsHouse

Options Trading News

May 17, 2013  Fri 7:32 AM CT

ARUN: SEE CHART GET CHAIN FIND STRATEGIES

Half a Billion Dollars of Market Cap Erased

Aruba Networks earned just $0.11 in its third quarter on revenue of $147 million. Analysts had expected $0.15 and $149.76 million, respectively. ARUN craters 25 percent before the bell on my tradeMONSTER platform.

Nordstrom Lower on Weak Results

Nordstrom reported first-quarter profit of $0.73 a share, missing the $0.76 average analyst forecast. Sales of $2.75 billion also lagged the $2.80 billion consensus number, and management trimmed full-year forecasts. JWN trades down almost 4 percent in the premarket.

Revenue Miss Weighs on Brocade

Brocade Communications beat expectation on the bottom line, but revenue totaled just $538.8 million. That was below the $544.24 million expectation, and BRCD is down more than 4 percent in early trading.

Share this article with your friends


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 »