OptionsHouse

Options Trading News

August 29, 2013  Thu 7:31 AM CT

VOD: SEE CHART GET CHAIN FIND STRATEGIES

Verizon Wireless Stake at Play

Vodafone confirmed it's in talks to sell its 45 percent stake in Verizon Wireless. The market has been waiting on a deal for a long time, and today's news is sending VOD higher by 8 percent before the opening bell on my tradeMONSTER platform. VZ is up 7 percent, as well.

Strong Margins Push Guess Higher

Guess earned $0.52 a share in the second quarter, crushing the $0.36 average analyst forecast. Sales of $639 million also beat the $622 consensus number. GES rallies 15 percent in early trading.

Shanda Games Beats on Top, Bottom Lines

China's Shanda Games earned $0.24 a share in its second quarter on revenue of $175.6 million. Analysts had only expected $0.20 and $174.74 million, respectively. GAME is up 3 percent in the premarket.

 

Share this article with your friends


Related Stories

VOD

Trade positions for downside in Vodafone

August 12, 2016

The U.K. mobile-telecom carrier beat quarterly revenue expectations on July 22, citing strength in several European countries.

OptionsHouse

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Education & Strategy

Dissecting a big institutional trade

This week's column will study a recent call ratio spread. We're not recommending using this strategy because it has potentially huge risk. But we can learn from this different use of options by a large institutional investor.

View more education articles »