Smart Money Report
TWTR- Twitter is set to announce Q1 earnings after the bell tonight. Analysts are looking for -$0.03 in EPS and revenue of $241 million. The options market is implying a $5.65 move, or 13.42%, in either direction through Friday’s close. Call to put ratio in (TWTR) options is currently 1.40, led by activity in the May 17 $50 and $52.50 calls. The stock dropped 24.16% the day after releasing it’s first earnings report back on 2/5.
X- Another notable earnings release due out tonight will come from U.S. Steel. Analysts are looking for $0.32 in EPS and revenue of $4.5 billion. Option traders are pricing in a $1.22 move, or 4.64%, in either direction through Friday’s close. The call to put ratio in (X) options is currently … Read More »