Sunday, December 16, 2007

Companies reporting earnings this week (17 Dec to 21 Dec, 2007)

Dear Fellow Options Traders :

Do take note of the following companies reporting earnings this week (17 Dec to 21 Dec 2007) which have good gapping history, in the order of Company's Name, Ticker Symbol, Industry Sector :

17 Dec 2007 (Monday)

Adobe Systems Inc (ADBE) - Application Software, Technology = reporting AMC

18 Dec 2007 (Tuesday)

Best Buy Co. Inc (BBY) - Electronic Stores, Services = reporting BMO
Goldman Sachs Group Inc (GS) - Investment Brokerage, Financial = reporting BMO

19 Dec 2007 (Wednesday)

CarMax Inc (KMX) - Auto Dealership, Services = reporting BMO
Joy Global, Inc (JOYG) - Farm & Construction Machinery, Industrial Goods = reporting BMO

Healthways Inc (HWAY) - Specialized Health Services, Healthcare = reporting AMC
Nike Inc (NKE) - Apparel Footware & Accessories, Consumer Goods = reporting AMC

20 Dec 2007 (Thursday)

Bear Stearns Companies Inc (BSC) - Investment Brokerage, Financial = reporting BMO
FedEx Corporation (FDX) - Air Delivery & Freight Services = reporting BMO

Research In Motion Ltd (RIMM) - Diversified Communication Services, Technology = reporting AMC

BMO : Before Market Opens
AMC : After Market Close

Yours Truly,

Tony Chai
Options Trading Resources

Note : The above companies listed are for your reference only and not my stock recommendations. Please check back or the company official web-site for any changes to the earnings reporting dates.


Ronald Lee said...

Past earnings records do not guarantees future performances. Buying options just before earnings is exposing yourself to extremely high risk. Your odds is even lower than when you gamble.

Tony Chai said...

Hi Ronald :

Thanks for your valuable input.

You're right. In fact, every trade has its own risks/rewards ratio. You just need to make sure that you apply good money management in each and every trade.

I don't usually take up every earnings announcement trade. I would check a company's past gapping history (yes, it doesn't always gap up), the circumstances surrounding the gapping action (includes fundamentals and technical analysis), whether implied volatility has pushed the option to be too pricey, the probability of the anticipated direction that I was looking for.

I admit I'm still not very skilled in options trading and have to learn from fellow options traders.

Best Wishes to Your Options Trading Journey.


Tony Chai
My Options Trading Blog