Earnings Ideas – EBAY, UNP, FCX, IBM, GOOG, ISRG, SLB, GE

01/17/2012 | By

That rumbling you hear is not the pitter-patter of little feet, instead it is the coming earnings season, where companies step into the confessional and talk about the recently finished quarter.

I expect some good and bad, but this week we warm up with some high profile names.   On my radar:  IBM, FCX, UNP, EBAY, SLB, GE, GOOG, ISRG, INTC.  Now, we won’t play every single name here but be more selective, next week brings a slew of names – so we need to have some dry powder.

I anticipate some trades on both sides, with straight calls/puts, straddles and strangles.  Should be a good time for us!  I’ll have a chart or two  to work from that highlights what I’m looking at.

CAUTION:  I cannot be more serious about risk management. DO NOT toss all your coins into ONE or a few trades.  Trading is not a game of perfect, therefore we have to expect that we’ll have some losses.  Those are NOT mistakes:  the mistakes are when you OVER SIZE your trade.

We usually do well during earnings season, but let’s be responsible.  If you need any help or guidance – let’s talk about it, I’m here to help you.

Let’s have some fun and continue this nice run we’ve had to start to year.

GAME ON!

 

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Category: Options

About the Author ()

Bob Lang has been a private trader in equity and option markets for several years and manages separate accounts via Aztec Capital LLC. He has managed a $300 million pension and 401(k) plan for a Southern California cooperative. In early 2000, Lang started a hedge fund for private and institutional clients. This fund, Aztec Partners, was a top-performing fund that year relative to its peer group. In 2002, Lang worked with floor traders in the active bond-trading group of Countrywide Capital Markets. In May 2011, Lang launched an options trading service called Explosive Options.

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