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Earnings Plays Earnings Plays

02-25-2023 , 05:01 PM
thinking short bias on AMC and after Wayfair destruction among others short bias BBY Biglots and Nordstrom.
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02-28-2023 , 04:18 PM
I put the JWN weekly puts on. Don't know enough about BBY's online business to be confident. Don't know enough about Biglots either. I think they esp BBY are over time going lower though.
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02-28-2023 , 06:02 PM
I'm posting all these up for ideas and to mentally help me catalog some these to see trends. MNST down after earnings report. Top line miss. Wiped out 4 months steady climb. ANF Abercrombie has had 4 price drops after earnings out of last 5. The stock is way up since last fall lows. It might be worth puts. shoot looks like earnings are before open tomorrow. still might do an all day dump...

Last edited by Jupiter0; 02-28-2023 at 06:17 PM.
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03-14-2023 , 09:29 AM
I hadn't seen this thread. thanks!
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03-21-2023 , 11:05 AM
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05-31-2023 , 07:26 AM
Disaster quarter news for Advance Auto parts AAP this morning. $.72 vs $2.56 expected. Slashed full year EPS guidance -40%. Cut dividend 83%.



Let's see if anybody shops at Macy's M next!

Last edited by Jupiter0; 05-31-2023 at 07:37 AM.
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06-03-2023 , 07:05 AM
Anybody got any insights on any of these? Cracker barrel has had some big reactions to downside fairly recently off earnings. The industry has been really strong in general lately though.

Trip.com has potential after the power moves from RCL EXPE TZOO lately.

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06-11-2023 , 04:31 PM
Quote:
Originally Posted by Jupiter0
Disaster quarter news for Advance Auto parts AAP this morning. $.72 vs $2.56 expected. Slashed full year EPS guidance -40%. Cut dividend 83%.



Let's see if anybody shops at Macy's M next!
They must have had a pride month commercial.
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06-13-2023 , 07:35 AM
Adobe reports earnings Thursday. Could be big. Market is already going gaga over their Firely AI. WLY Wiley looks good short bias on possibility they say AI hurt them like CHGG

Last edited by Jupiter0; 06-13-2023 at 07:44 AM.
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07-07-2023 , 03:36 PM
Thursday is a big day and Friday financials. MLKN has been a mess and does have history of earnings reactions. But not very large percentage moves. Might do some puts

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07-07-2023 , 10:36 PM
Quote:
Originally Posted by Jupiter0
Thursday is a big day and Friday financials. MLKN has been a mess and does have history of earnings reactions. But not very large percentage moves. Might do some puts

There is almost no open interest, so you would most likely get a really shitty fill to open and most likely get an equally shitty fill to close. I only looked at a couple of strikes, but it looks like you would require a hefty percent change in the share price just to break even. Plus implied volatility of options almost always drops drastically after the report comes out. This is one where you can be correct on their earnings results and still lose.

I'd buy puts if you are expecting them to report zero revenues for the quarter and an announcement on the conference call that they are going to put a few hundred million dollars into a puppy drowning factory.
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