For short term traders, the volatility and unpredictable reaction to an earnings release during the reporting session often means potentially wide swings in profits or losses.
On this basis, one may be hesitant in holding an ultra short term/short term position through an announcement.
In two of my most recent offshore ideas, Salesforce.com and Williams-Sonoma, I suggested traders consider taking profit before earnings are released. In both cases, the stocks rallied on the back earnings, with Saleforce.com up from my level of $238 to today's high of $275 while WSM rallied to today's high of $204 from $162.77.
On this basis, traders could consider using 'Options' as part of a broader trading strategy. From the basic 'call' and 'put' option to the possibly more complex strategies such as 'straddles' and 'iron condors', we have the expertise and tools to help you not only profit but also manage risk.
For more info and deeper discussion on how this can be achieved, get in touch today.
On this basis, one may be hesitant in holding an ultra short term/short term position through an announcement.
In two of my most recent offshore ideas, Salesforce.com and Williams-Sonoma, I suggested traders consider taking profit before earnings are released. In both cases, the stocks rallied on the back earnings, with Saleforce.com up from my level of $238 to today's high of $275 while WSM rallied to today's high of $204 from $162.77.
On this basis, traders could consider using 'Options' as part of a broader trading strategy. From the basic 'call' and 'put' option to the possibly more complex strategies such as 'straddles' and 'iron condors', we have the expertise and tools to help you not only profit but also manage risk.
For more info and deeper discussion on how this can be achieved, get in touch today.
