Options Trade for Friday
Staples, Inc. (NASDAQ:SPLS) Calls
Friday, March 06, 2015
**Time For A Positive Move After Staple Earnings Report!**
Staples, Inc. (NASDAQ: SPLS), an office products company that operates in three business segments: North American Stores & Online, North American Commercial and International Operations, is scheduled to report its fiscal fourth-quarter earnings this morning before the markets open. Thomson Reuters has consensus estimates of $0.30 in earnings per share (EPS) and revenue of $5.76 billion. The same period in the previous year had $0.33 in EPS and $5.87 billion in revenue. Staples has risen more than 50% from its 12-month lows.
.......Read the rest of the report and find out the recommended options trade …..
2015 has been an interesting year for SPLS so
far, as news of a merger with Office Deport Inc. (NASDAQ:ODP) propelled the shares to a three-year high of $19.40 on Feb. 3. Since then, the shares have retreated 14.6% to hit $16.56, which makes it a viable proposition for this options trade…..
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