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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Founder, www.OptionTiger.comTrader, Author, Mentor, Entrepreneur
Bachelors in Engineering, IndiaMBA – Columbia Business School, NYC
Hari Swaminathan
www.optiontiger.com
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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