Back to Back Issues Page
Chico's FAS reports - stock falls - provides profit for us - see how!
August 31, 2017

Chico's FAS, Inc. – YET AGAIN -- Another Winning Options Trade!

Put Options on Chico's FAS, Inc. (NYSE:CHS) Earnings Provides 162.5% Potential Profit!

Here is an overview of Chico's winning options trade after reporting earnings. This options trade was recommended on Tuesday, August 29, 2017 for “Cut-to-the-Chase” members, with the company reporting on Wednesday, August 30, before the market opened; producing great potential profits within a 24 hour period of executing the trade.

Continue Reading......

Best of Trading,
Ian Harvey
Director of Stock Options Made Easy

Best Buy Earnings Report

Very good earnings report turns to dust after CEO makes unnecessary comment!
Traders over-react badly!

Electronics and appliance retailer Best Buy Co Inc. (NYSE:BBY), reported better-than-expected quarterly earnings and sales yesterday, helped by strong demand for smartphones, connected home and wearable devices.

Shares of Best Buy rose nearly 5% during premarket trade on Tuesday after the company reported fiscal 2018 second quarter earnings that came in above Wall Street expectations.

And then, CEO Hubert Joly made a statement warning investors on a Tuesday conference call they shouldn't consider such robust comparable sales growth to be the new normal, causing the earlier gains to reverse; ending the day down 11.95% to sit at $55.02.

Traders reacted badly to this information and decided to punish a good, sound earnings report, much to the glee of the bears.

Continue Reading......

Best of Trading,
Ian Harvey
Director of Stock Options Made Easy

Share



"Success is simple. Do what's right, the right way, at the right time."

Option Tip for your Success!
Options traders are not successful because they win.
Options traders win because they are successful.

Legal Notices and Disclaimers


Back to Back Issues Page