OptionsHouse

Options Trading News

November 13, 2012  Tue 7:31 AM CT

AKS: SEE CHART GET CHAIN FIND STRATEGIES

Loss To Be Wider than Expected

AK Steel predicted a fourth-quarter loss of $0.67 to $0.72 a share, partially because of a $0.33 charge on the value of deferred tax assets. Analysts only expected a loss of $0.19. Management also predicted lower selling prices for its steel. AKS fell 9 percent before the bell on my tradeMONSTER platform.

Dick's Sporting Climbs on Earnings Beat

Dicks Sporting Goods reported profit of $0.40 a share on revenue of $1.31 billion. That beat the consensus estimates of $0.37 and $1.30 billion, respectively. Management also raised guidance, sending DKS higher by almost 5 percent in early trading.

Nanosphere Climbs on FDA Nod

Nanosphere said that the Food & Drug Administration granted clearance permitting marketing of its CYP2C19 nucleic acid test on the automated Verigene System. NSPH rose by 14 percent in the premarket.

Share this article with your friends


OptionsHouse

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Archived Webinar

Education & Strategy

Long synthetic call

Long and short Synthetic stock are two of the six basic synthetic positions that exist. Number three on our list is the Synthetic Long Call...

View more education articles »