by Ian Harvey
August 07, 2018
OUT WHILST THE GOING IS GOOD!
GREED CAN BE THE UNDOING OF A GOOD PROFIT!
Options Trades In The Green!
An update of options trades that Stock Options Made Easy believes should be considered this week; with further suggestions for new options trades for the rest of the week still to come. Monday has seen all trades in positive territory; with 2 having presented good earnings reports.
PATIENCE PAYS OFF!
YOU NEED TO BE IN TO PROFIT!
Two companies, Etsy Inc. (NASDAQ:ETSY) and Andeavor (NYSE: ANDV), reported earnings after the market closed on Monday. The options trades, based on suggestions from Stock Options Made Easy for “Earnings Predictions” members, look to be very positive.
As to options trades for “Armchair Traders”, “Cut-to-the Chase” members and “Mentorship” members, the first recommended options trade for the week are already starting to look good.
But, back to the trades that have already reported…..
Etsy Inc. (NASDAQ:ETSY) announced its latest quarterly earnings results late in the day Monday, posting revenue that was better than analysts were calling, sending shares soaring after hours, as much 8.77%, after already being up 2.14% during day trading.
The e-commerce site for handmade and vintage items said that for its second quarter of fiscal 2018, it brought in net income of $3.4 million, or 3 cents per share. Wall Street said in its consensus estimate that it was calling for the company to amass net income of 4 cents per share.
Etsy did not perform as well as it did in the year-ago quarter when it tallied up net income of 10 cents per share. The company added that it brought in revenue of $132.4 million, which was a 30.2% improvement over the $101.7 million it brought in during the year-ago quarter.
Andeavor (NYSE: ANDV) delivered earnings and revenue surprises of 19.59% and 0.94%, respectively, for the quarter ended June 2018.
Andeavor's quarterly earnings of $3.54 per share beat the Consensus Estimate of $2.96 per share. This compares to earnings of $1.96 per share a year ago. This quarterly report represents an earnings surprise of 19.59%.
Andeavor posted revenues of $12.47 billion for the quarter ended June 2018, surpassing the Consensus Estimate by 0.94%. This compares to year-ago revenues of $7.85 billion. The company has topped consensus revenue estimates just once over the last four quarters.
After the market opens today, and trading begins, will help determine the profit that may be obtained from these reports. Be prepared to exit on a good profit!ACTION TO TAKE…….
Sometimes it is our approach to predict whether a company will beat or miss estimates, whether the stock will appreciate or depreciate as a result and what strategies investors and traders can use – such as found with the “Earnings Predictions Program”. This type of prediction is based on thorough investigation and fundamentally based research, and the results have been very exceptional.Strategies to Consider……
It is also worth considering, when options trading earnings reports – “Do we exit on already existing profits or leave the companies to report their earnings and hope for bigger profit?” .....READ MORE.....
"Trading Capital Management" is a key component of your trading strategy. The strategy, on which we base our trades to achieve maximum profit, and to minimize loss, is contingent on using an equal amount of money for each trade.……continue reading this article……
Our proven track record says it all!!
Members of Stock Options Made Easy are provided with an extensive reason as to which direction a stock will move after earnings, followed up by a recommended options trade.
If you not a member and interested in being part of this profitable action just CLICK HERE.
Other Membership Options…….
If you interested in "Earnings Predictions" just click here……
or "Mentorship Program".....click here....