Options Spotlight: Peabody Energy

This week’s edition of Options Spotlight takes a look at Peabody Energy
Quote |
Chart |
News |
. The company makes, sells, and services thermal processing equipment and controls for the manufacture of printed circuit boards and for semiconductor packaging.

The firm supplies systems for solder reflow (for printed circuit boards), as well as technical ceramic sintering, electrical component brazing, and the deposition of film coatings. BTU equipment is also used to make photovoltaic solar cells and solid oxide fuel cells, and for sintering nuclear fuel. The company sells its products to manufacturers of computers, printed circuit board assemblies, and consumer electronics products throughout the world. BTU gets more than half of its sales from the Asia/Pacific region.

Early this morning, Peabody Energy announced earnings of $369.6 million, or $1.36 per share, on revenue of $1.91 billion. Analysts polled by Thomson Reuters were looking for earnings of 87 cents per share on $1.68 billion in revenue. Shares jumped 12% to $27 in recent. Peabody’s stock, however, is down 46% this month.

In the Options Spotlight, I shine a light on what’s happening in the options world. In the case of Peabody Energy, call activity has been brisk on the shares as investors attempt to call a bottom to the security’s downtrend. Has this stock’s retreat finally reached an end? For a closer look at Peabody Energy and its sentiment backdrop, please click on the video button below.

Newly revised and updated, Bernie Schaeffer’s home study program, “10 Days to Successful Options Trading,” provides a foundation for your options trading success. Includes easy-to-follow guide, CD, DVD, and a special report — Click here to learn more.

Copyright Schaeffer’s Investment Research. www.schaeffersresearch.com.