Wednesday, July 27, 2011

$CROCS Has Bite

You may hate the shoes, but you cannot possibly hate the news.

Before the report:
"Wall Street Analysts consensus calls for a profit of $0.43 a share on $281.64 million revenue."

After the report:
"Crocs Q2 beats estimates"
"Crocs Inc. posts 72% profit gain"
"Crocs (CROX) Flys Higher On 'Beat and Raise' Q2"

How should you take advantage of this news at 9:30 am tomorrow?  Here're my suggestions, which comprise buying call options for maximum bang for the buck:

buy the Aug 2011 $32's,
buy the Sep 2011 $40's,
buy the Dec 2011 $40's, and
buy the Jan 2012 $40's.

..TS.

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