What’s up with Weeklys – 11/18/2013

First, apologies for the lateness of this week’s Weeklys blog.  Travel, sickness, or you name it is my excuse.  On to business…

Twitter (TWTR) was all the rage last week as options were listed on Friday.  On the first day of trading TWTR option volume topped 100,000 contracts and serial options are being offered.  This means you can trade options expiring each Friday from November 22 through December 21.  Five weeks in a row of flexibility.

The earnings calendar is lighter than it has been for a while, but there are some interesting names reporting this week with options that expire on Friday.  This afternoon Salesforce.com (CRM) gets the ball rolling with their earnings release.  For the remained of the week most of the reports will be from retailers with a few other companies in the mix.  The table below shows the largest gains and losses for the stock on the first full day of trading post earnings along with the absolute value of the average move and what the reaction was last quarter.  When available I go back twelve quarters or three years when compiling this history.  If a stock hasn’t been around long enough, like Pandora (P) this week, I will put the information in italics.  Finally, if I missed a name shoot me an email and I’ll put the numbers up in this space.

Weeklys Earnings