10 Summer Blockbuster Options Trades
-
#8 GameStop Corp. (GME)
By Nick Atkeson and Andrew Houghton
Mike Newell is directing the big-screen version of the "Prince of Persia: The Sands of Time" video game, which could easily be an Indiana Jones-type film. And it certainly should help sales of the underlying video game. The video game is made by independent French company Ubisoft, and is played on Xbox 360 and PlayStation 3. There is no public market way to buy Ubisoft, but we can play gaming retailer GameStop (GME). By the way, GameStop also sells the GI Joe video game.
With the summer's blockbuster films promoting the blockbuster games, we recommend buying the GME Oct 24 Calls (GMEJM).
More By This Expert
Chris Johnson
Why Does My Call Decline When the Stock Gains?
Understanding the factors that affect option pricing is crucial to your trading success.
Use a Strangle to Profit From Starbucks' Earnings
Starbucks has been a big mover -- up and down -- after earnings, and the company is schedule to report today after the close A strangle creates a win-win for traders.
The earnings projections for Starwood Hotels (HOT) are ridiculously low. Get in before they blow expectations out of the water.
Bullish call activity in YHOO is hitting highs for the year ahead of earnings -- but when they announce it will be a wake, not a party.
XOM may hit earnings estimates, but a big, positive reaction is not likely to materialize, and the newbies will fall over themselves to dump the stock.




