Electronic Arts is set to report earnings May 9th, after the close. $EA is expected to earn .70-.78 cents/share for Q1. On May 8th there was a large bearish options trade. The trader, or more likely fund, bought 3,085 of the 19MAY17 $94 puts, which is a $500,000 bet that $EA will be below 92.31 by May 19th.
Is anyone trading EA earnings?
Full read: http://ift.tt/2q2wlsB
Submitted May 09, 2017 at 10:12AM by dylanjcowan http://ift.tt/2q0hHnM
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