Not a huge coiled spring but this thing could fly either way. Why is this? Look at the below analysts expectations:
You can see that this quarter there isn't anything that is big expected, but next quarter there is. For the last 3 out of 4 quarters there was a negative surprise, plus this quarter the Growth Est is lacking compared to the industry.
What I will issue here is a 2:1 put/call. Both at the money, the call will be 500 dollars, and the put will be 1000 dollars. Or any other 2:1 denomination you want to go with.
Its looking as though the stock could have a limp earnings report. Then again, something could happen early with that 600% growth expected next year, thus the call at half strength. So here is the call and the put:
Prev Close: | 1.35 |
---|---|
Open: | 1.60 |
Bid: | 1.15 |
Ask: | 1.40 |
Strike: | 21.00 |
Expire Date: | 20-Dec-14 |
Day's Range: | 1.15 - 1.60 |
---|---|
Contract Range: | N/A - N/A |
Volume: | 585 |
Open Interest: | 329 |
Prev Close: | 2.31 |
---|---|
Open: | 2.44 |
Bid: | 1.55 |
Ask: | 2.00 |
Strike: | 20.00 |
Expire Date: | 20-Dec-14 |
Day's Range: | 1.79 - 2.44 |
---|---|
Contract Range: | N/A - N/A |
Volume: | 4 |
Open Interest: | 2,620 |
That is all for today, there was nothing to bounce from the gainer's list.
More tomorrow!
Mark
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