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Bartosiak: Trading Ambarella's (AMBA) Earnings with Options

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On Thursday, December 1st, Ambarella (AMBA - Free Report) will release its third quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of C.

Dave will look at Ambarella’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 Ambarella ahead of earnings.

Ambarella in Focus

Ambarella, Inc. develops video compression and image processing semiconductors. The Company's products are used in digital still cameras, digital camcorders, and video-enabled mobile phones. Ambarella sells its solutions to original design manufacturers and original equipment manufacturers. Its technology is also used in television broadcasting infrastructure systems. Ambarella, Inc. is headquartered in Santa Clara, California.

Ambarella is expected to report earnings at $0.68 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 56.25 % at $0.25 per share, beating estimates by $0.09 a share. They have an average earnings surprise of 62.75%.

AMBARELLA INC Price, Consensus and EPS Surprise

AMBARELLA INC Price, Consensus and EPS Surprise | AMBARELLA INC Quote

Bottom Line

How should investors play Ambarella ahead of their earnings report? For insights on the best options trades, then tune in at 1:00pm CST this afternoon to see David’s thoughts.

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