OptionsHouse

Options Trading News

March 21, 2013  Thu 7:27 AM CT

ORCL: SEE CHART GET CHAIN FIND STRATEGIES
Blames Execution by Sales Force

Oracle had a surprise profit miss yesterday, earning just $0.65 a share in its third quarter. Analysts had expected $0.66. Revenue of $9.38 billion also lagged the $8.96 billion estimate. ORCL drops 8 percent before the bell on my tradeMONSTER platform.

Jabil Circuit Earnings Miss

Jabil Circuit earned just $0.53 a share in its second quarter, a penny shy of consensus estimates. Revenue beat but outlook was weak, with the top and bottom lines both seen below estimates in the third quarter. JBL drops 2.5 percent in early trading.

Guess Provides Weak Outlook

Guess reported strong results, but the outlook was poor as margins crumble. First-quarter profit is expected to be no more than $0.10 a share, well below the $0.29 projected by the Street. Sales guidance is also weak, and GES is down 6 percent in the premarket.
Share this article with your friends


Related Stories

ORCL

Will bearish trend continue in Oracle?

January 19, 2016

A large trader apparently believes that a drop may be coming in the database maker, which reported bearish results on Dec. 16 and is down 11 percent in the last month.

ORCL

Traders bet Oracle is on solid ground

January 14, 2016

The database maker has fallen 7 percent in just the last month, but traders are betting that downside potential will be limited before its next earnings report.

OptionsHouse

Premium Services

Upcoming Webinar:

How to Defend Your Portfolio and Profit in a Market Selloff

http://bit.ly/1OSMWU6

Jon Najarian and Sandy Chaikin of Chaikin Analytics demonstrate how to play defense when the market is selling off. And, how to turn misery into money, whether investing in stocks or trading options.

Education & Strategy

The sweet spot

When using the Stock Replacement Strategy, we must remember that in reality, we are doing a STOCK trade. We are just using options. We are replacing the stock position with an option position (long calls).

View more education articles »