Options Trading News

October 31, 2013  Thu 7:34 AM CT


Improving Hotel Demand Drives Bookings

Expedia earned $1.43 a share on revenue of $1.40 billion. Analysts had only expected $1.35 and $1.37 billion, respectively. Bookings rose 15 percent, driven by hotel reservations, and business was strong domestically and overseas. EXPE rallies 17 percent before the opening bell on my tradeMONSTER platform.

Avon Earnings, Revenue Miss

Avon Products reported third-quarter profit of $0.14, missing the $0.19 consensus estimate. Sales totaled just $2.32 billion, also below the $2.44 billion Street number. AVP declines 11 percent in the premarket.

Skyworks Beats, Issues Strong Guidance

Skyworks Solutions earned $0.64 a share on revenue of $477 million. That compares with analysts' $0.62 profit estimate and $474.7 million revenue estimate. Guidance was also strong, and SWKS advances 6 percent in early trading.

Share this article with your friends

Invest Like a Monster - San Antonio: October 9-10

Premium Services

Archived Webinar

Education & Strategy

Options Academy: More on the Covered Call Strategy

Last week, we talked about the Covered Call and the misconceptions that surround it. We spoke about how an investor must realize that the Covered Call is actually a premium collection strategy and not so much a directional one. If an investor can grasp this idea, the investor stands to do a heck of a lot better in the strategy than they currently do.

View more education articles »