Earnings Playbook.
Earnings Playbook For 4/22/15 - $FB, $FFIV, $LVS, $SKX, $TSCO
$FB - Facebook
Price $83.62
Expected Move ~$4.20
Historical Earnings Action
Up 6 out of last 10 earnings
Chart:
Chain:
Comments: $FB is right at long term support and has new all time record highs within reach. The market is looking for a 5%+ move post earnings. The all time high for $FB of $86.02 is just a few % away. If $FB can post a beat tomorrow I think the stock could trade north of $90.
From estimize, expectations are low.
$87 call potential on 10 contracts
$FFIV F5 Networks
Price $118.93
Expected Move $7.87
Historical Earnings Action up 14 of last 20
Chart:
Chain:
Commentary: $FFIV sits above long term trendline support. The last report sent the stock 10% lower, I think we could see a similar move in the opposite direction this time around.
$FFIV $129 calls $1.05
$LVS - Las Vegas Sands
Price $55.44
Expected Move $1.55
Historical Data:
Chart:
Chain:
Estimize:
$56 calls 10 contracts:
Commentary: $LVS looks to have found support after a nasty decline from record highs. This time last year the stock was trading for over $70 a share. Today the stock is at $55.45 and the market isn't expecting much of a move post earnings. Which makes this a great risk/reward trade. I will be looking to enter the $56 calls tomorrow for a move over $57 after the report.
$SKX - Skechers
Price74.81
Expected move $5.28
Historical Earnings Data:
Chart:
Chain:
Estimize:
$TSCO - Tractor Supply
Price: $90.82
Expected Move: $4.97
Historical Data
Chart:
Chain:
Estimize
