Bartosiak: Trading Applied Optoelectronics' (AAOI) Earnings with Options

AAOI

On Thursday, August 3rd, Applied Optoelectronics (AAOI - Free Report) will release its second quarter earnings results after the bell. The company is a Zacks Rank 1 (Strong Buy), and have a Value, Growth, and Momentum score of C.

Dave will look at Applied Optoelectronics past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Delta ahead of earnings.

Applied Optoelectronics in Focus

Applied Optoelectronics, Inc. designs, develops and manufactures advanced optical devices, packaged optical components, optical subsystems, laser transmitters and fiber optic transceivers. The company's products are used in fiber optic communications equipment for FTTH, point-to-point telecom, datacom and access networks and systems supporting cable television, network infrastructure. Applied Optoelectronics, Inc. is headquartered in Sugar Land, Texas.

Applied Optoelectronics is expected to report earnings at $1.28 per share. They reported earnings last quarter at $1.02 per share, beating the Zacks Consensus Estimate by $0.07 last quarter. Applied Optoelectronics has an average surprise of 118.33% over the last 4 quarters.

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