Options Trading News

October 11, 2013  Fri 7:28 AM CT

Earnings, Revenue Beat Estimates

Infosys earned $0.73 a share in its second quarter on revenue of $2.07 billion. Analysts had only expected $0.70 and $2.01 billion, respectively. INFY climbs 5 percent before the opening bell on my tradeMONSTER platform.

Osiris Sells Unit for Up to $100 Million

Osiris Therapeutics announced it would sell its culture-expanded mesenchymal stem cell business to Australia's Mesoblast for an initial payment of $50 million. That amount doubles if certain milestones are reached, and there will also be royalty payments in the low double digits on eventual product sales. OSIR rallies 14 percent in the pre-market..

Gap Drops on Weak Monthly Sales

Gap reported yesterday afternoon that sales at stores open at least a year fell 3 percent in September. Analysts were expecting a 1.6 percent gain, and now the shares are taking a hit! GPS drops almost 5 percent in early trading.
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The covered call and unhedged risk

I have written a few things on the Covered Call Strategy over the last two weeks. Please understand that those two previous articles plus this one do not constitute a proper, fully in-depth lesson on the Covered Call Strategy like we have in our classes at Option Monster Education. I have picked out a few topics that I believe were worth noting and today I am going to add the final one.

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