Options Trading News

June 5, 2013  Wed 7:30 AM CT


Top, Bottom Lines Better Than Expected

Mattress Firm reported first-quarter profit of $0.38, better than the $0.36 consensus forecast. Sales of $276 million also exceeded the $274.4 million average forecast. Those numbers have MFRM up 6 percent before the bell on my tradeMONSTER platform.

SHFL Entertainment Beats Consensus

SHFL Entertainment earned $0.21 a share on revenue of $77 million. Analysts had only expected $0.20 and $71.6 million, respectively. SHFL gains more than 5 percent in early trading.

Ambarella Climbs Before the Opening Bell

Ambarella earned $0.21 a share on revenue of $33.9 million. Those numbers exceeded the forecasts for profit of $0.15 and revenue of $31.9 million. AMBA, which only went public in October, climbs 6 percent in premarket trading.

Share this article with your friends



The fastest money in the market
View full report »

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 »