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Sunday, October 22, 2006

Options Play-23 Oct

Some of the names I am watching for earning plays for options are:

IPS (IPSCO) is a steel and steel pipe producer and that was after watching another steel producer, Steel Dynamics (STLD) reported Q3 results $0.09 above consensus Reports Q3 (Sep) earnings of $2.17 per share, $0.09 better than the Reuters Estimates consensus of $2.08.

Apple (AAPL) which may not be done going up as it may hit above $80 since the start of the year with a 52 weeks high of $86 and with a record earnings quater they have , the share really has to do better than the 52 week high earlier in January 06.

Finally, on Google(GOOG) many believes that this stock is going higher beyond $500 per share.

posted by Options Trader @ 2:23 AM   0 comments

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