Results for Opening Trades Tuesday May 9, 2017

AMC/BMO Earnings Announcements Symbol Direction Result Chart Option Chain
 5/9 AMC Tuesday  NVDA  Up  Result Chart  Option Chain
 PCLN  Up  Result Chart  Option Chain
 YELP  Down  Result Chart  Option Chain

Stocks on Tap to Report Earnings Tuesday May 9, 2017 After Market Close

Nvidia (NVDA), Walt Disney (DIS), Priceline Group (PCLN) and Yelp (YELP) are confirmed to report corporate earnings Tuesday May 9, 2017 after market close. Option premiums and implied volatilities are at their highest levels to be exploited with option credit spreads. Option Knight will be analyzing the option market for trade candidates before market close today. Subscribe to find out trade picks and market direction predictions.

Correct Prediction

My prediction of a Down market opening Tuesday, Nov. 4/14 of Priceline (PCLN) as a result of their earnings announcement proved correct. Buyers of put options or sellers of naked call options made huge returns. For example, a subscriber of my prediction service may have bought a Nov(7) 1200 put option for 26.80 before the market close to open the following morning at 85.00 generating 217% return within moments of trading.