Options Trading News

November 6, 2012  Tue 7:31 AM CT

Guidance Overshadows Strong Results

Zillow's results beat expectations, but the guidance left something to be desired. The real-estate company now sees fourth-quarter revenue of $30 million to $31 million, while analysts were looking for $32.5 million. Management blamed the shortfall on the loss of Foreclose.com, one of its big advertisers. Z plunges 18 percent before the bell on my tradeMONSTER platform.

Express Scripts Talks Down 2013

Express Scripts reported weak top-line results and talked down next year's performance, calling the $4.50 in per-share profits expected by analysts "overly aggressive." ESRX drops 13 percent in early trading.

Jive Software Loss Narrower Than Expected

Jive Software reported a third-quarter loss of $0.09 a share, better than the $0.11 loss forecast by the Street. Revenue of $29 million beat the $28.76 consensus estimate as well, sending JIVE higher by 11 percent in the premarket.
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 »