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The Best Options Trade for Dish Network (DISH) Earnings

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On Wednesday, November 9th, Dish Network (DISH - Free Report) will release its third quarter earnings results before the bell. The company is a Zacks Rank 4 (Sell), and have a Value, Growth, and Momentum score of C.

Dave will look at Dish Network’s 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 Dish Network ahead of earnings.

Dish Network in Focus

Dish Network offers satellite television products and services. The company operates three business units: Dish Network - the direct broadcast satellite, subscription television service in the United States. EchoStar Technologies Corporation division, which is principally responsible for the design of digital set-top boxes, or satellite receivers, and the sale of set-top boxes to international operators. Satellite Services division provides video, audio and data services to business television customers and other satellite users.

Dish Network is expected to report earnings at $0.69 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 18.92% at $0.88 per share, beating estimates of $0.74 a share.

DISH NETWORK CP Price, Consensus and EPS Surprise

DISH NETWORK CP Price, Consensus and EPS Surprise | DISH NETWORK CP Quote

Dish Network is trading around $56 a share, and their 52-week high is $64.58. Their average EPS surprise is 117.46%.

Bottom Line

How should investors play Dish Network ahead of their earnings report? For insights on the best options trades, make sure you are subscribe to Live Trader to see Dave Bartosiak at 1:00 pm this afternoon.

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