Options Trading News

July 26, 2013  Fri 7:35 AM CT


Earnings, Sales, Outlook All Strong

Starbucks earned $0.55 a share on sales of $3.74 billion. Analysts had only expected $0.53 and $3.72 billion, respectively. Guidance was also above consensus for the current quarter. SBUX gains 7 percent.

Activision Rallies on Buyback Deal

Activision Blizzard announced it would buy back 429 million shares from Vivendi for $13.60 a share, a nice discount to Thursday's close. An investor group led by CEO Bobby Kotick will also snap up 172 million shares for the same price. ATVI rallies 18 percent on the news.

Expedia Hammered on Weak Results

Expedia's costs are rising, and the stock is cratering! Second-quarter profit totaled just $0.64 a share, well below the $0.79 forecast by the Street. Revenue of $1.21 billion also missed the $1.26 billion estimate. EXPE plummets 23 percent.

Share this article with your friends

Related Stories


How one trader is staying in Starbucks

June 28, 2016

An investor is adjusting a large position in the coffee giant while apparently remaining bullish on its next quarterly report.


Short-term downside play in Starbucks

June 22, 2016

The coffee giant is down 6 percent in the last three months, and one trader apparently believes that another drop may be coming this week.


Call buyers bet on rebound in Starbucks

June 6, 2016

The coffee giant is down 7 percent in the last three months, but traders are looking for a rally in the next seven weeks.


Premium Services

Education & Strategy

Know the risks behind covered calls

Selling calls is a popular strategy for both retail and institutional traders, but they typically do it in very different fashions.

View more education articles »