The list of weeklys expanded by two stocks to kick off the new year. Humana, Inc (HUM – 101.76) and Expedia Inc (EXPE – 69.20) join the constantly growing list of stocks with short dated option trading available.
Next week is the beginning of the all-important fourth quarter period for earnings releases. We have just a few companies with options expiring next Friday reporting earnings. The list appears below along with the relevant statistics. As always, if I missed a stock, send me a friendly email (no need to interject name calling) and I’ll make sure it doesn’t happen again in three months.
The name on the list I’m keeping a close eye on is Micron (MU – 20.97) which was downgraded on Friday by RBC with valuation as the reasoning. That is an interesting rating change just two days before earnings come out. The stock dropped 3% on Friday based on the downgrade so now we turn to earnings and we’ll see how management responds to a weak stock price.