how to play workday after earnings

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How to play Workday after EarningsAuthor: Hari Swaminathan

How to play Workday after Earnings

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Bachelors in Engineering, IndiaMBA – Columbia Business School, NYC

Hari Swaminathan

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Workday (WDAY) reported earnings last night. WDAY is a fast growing cloud-based application provider, and its results beat the consensus estimates on revenues and EPS.

However, the stock seems to be down 8% due to some unknown reason, maybe something was said was on teh conference call.

WDAY is a strong stock, and here’s an Options trade to maximize this pullback and take advantage of a bounce over the next few weeks.

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