Options Trading News

September 27, 2013  Fri 7:26 AM CT


Lower Costs Boost Margins

Nike earned $0.86 a share in its first quarter, beating the $0.78 average analyst estimate. Revenue of $6.97 billion also exceeded the $6.96 billion consensus number. Management said lower input costs and reduced discounting boosted margins. Orders remain strong as well. NKE rallies 6 percent before the opening bell on my tradeMONSTER platform.

Finish Line Earnings, Sales Beat Consensus

Finish Line reported second-quarter net income of $0.54 on sales of $436 million. Analysts had only expected $0.45 and $426.4 million, respectively. Management also raised its full-year guidance for comparable sales. FINL climbs 9 percent in the premarket.

Nektar Tanks on Drug Trial Disappointment

Nektar Therapeutics announced that its NKTR-181 painkiller failed to meet its primary endpoint in a Phase 2 study. NKTR sinks 22 percent in early trading.

Share this article with your friends


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 »