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Options Trading News

January 9, 2013  Wed 7:29 AM CT

CLWR: SEE CHART GET CHAIN FIND STRATEGIES

Sprint's Price Being Challenged

Clearwire had accepted a $2.97-per-share takeover price by Sprint Nextel, but now Dish Network is jumping in with a $3.30 bid. That has CLWR up more than 7 percent in before the bell on my tradeMONSTER platform.

Apollo Group Lowers Revenue Guidance

Apollo Group's first-quarter results beat expectations, but the outlook remained weak. It now sees 2013 revenue of $3.65 billion to $3.75 billion, down from an earlier range of $3.65 billion to $3.80 billion. APOL is down 9 percent in early trading.

Global Payments Earnings, Revenue Beat

Global Payments earned $0.93 a share, beating the $0.87 average analyst forecast. Revenue of $588.5 million also exceeded the $574.82 million consensus number, and management raised its full-year profit outlook. GPN rose 4 percent after the bell yesterday but hasn't traded yet this morning.

AZZ Continues to Make New Highs

AZZ earned $0.60 a share in its third quarter, while analysts had only expected $0.57. Revenue missed, but investors are focusing on that sold profit number, bidding AZZ up 3 percent in the premarket today.

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Market Level Making You Nervous, Huh? Part 3

In last week's article, we discussed how important the extra cash you save by using the Stock Replacement Strategy over buying the actual stock is! That extra cash in our account instead of being unnecessarily tied up in a stock position allows us to buy the puts we would need to protect our downside in the case of a major sell-off.

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