OptionsHouse

Options Trading News

January 17, 2013  Thu 7:29 AM CT

CBS: SEE CHART GET CHAIN FIND STRATEGIES

Strategic Move Seen Unlocking Value

CBS announced it would convert its billboard operations into a real-estate investment trust, lowering its tax bill in the process. The company's overseas properties will also be sold. That's sending CBS higher by almost 10 percent before the bell on my tradeMONSTER platform.

eBay Earnings, Revenue Beat Consensus

The online auction giant reported fourth-quarter earnings of $0.70 a share on revenue of $3.99 billion. Analysts had expected $0.69 and $3.98 billion, respectively. The beat is sending EBAY higher by 3 percent in early trading.

K-Swiss Pops on Takeover News

The sneaker maker agreed to be acquired by South Korea's E.Land World for $4.75 a share. That's a nice premium to its $3.19 closing price yesterday, and KSWS is rocketing 48 percent on the news.

Share this article with your friends


Related Stories

CBS

Investor sees limit on upside for CBS

June 6, 2016

The media company reported bullish quarterly results in May and is up 8 percent in the last three months, but a large investor is betting on a cap in further gains.

OptionsHouse

Premium Services

Education & Strategy

The Movement of Delta

In our last column, we spoke about delta. You might remember that we discussed what delta was and what factors affected or changed delta. As you recall, we stated that three factors will have an effect on delta. They were movements of time, volatility, and underlying price. Today, we want to take a further look into the change of delta, this time focusing on change due to the movement in the underlying price. 

View more education articles »