As you know RH earnings were due out after the close yesterday. They were never announced! I looked at many websites which had them listed as Thursday, 2\/22\/18. Below is what was printed on the Charles Schwab website.<\/p>\n
Fourth Quarter Earnings Announcement Expected:<\/strong> Earnings will tentatively be announced Thursday, 02\/22\/2018. The consensus earnings are $1.55, with a high and low of $1.65 and $1.48, respectively. The mean has not changed significantly as the end of the quarter nears.<\/em> I looked on other sites and it said the same. I even heard from some of you asking what my plans were for my 2500 shares of RH with earnings imminent. Most of you know I don’t like to be involved in positions with earnings due. Sometimes I get caught and it’s unavoidable. This week was one of the times, however, earnings never came out. I woke up this morning and looked what Charles Schwab’s site said. They now had it printed as follows:<\/p>\n Fourth Quarter Earnings Announcement Expected<\/strong>: Earnings will tentatively be announced 03\/01\/2018. The consensus earnings are $1.55, with a high and low of $1.65 and $1.48, respectively. The mean has not changed significantly as the end of the quarter nears.<\/em> They now had it as March 1st. I then looked on CNBC’s site and they have it as 3\/26\/2018. I’m hoping there’s some clarity in the next day or so. The scary part is that I sold a 5 contract Call and received a $3 premium. That premium was much too high! That $3 premium would be normal for a company with earnings coming out, not for a stock with no news coming. Someone paid me this large premium and the stock might make a big move today. A large premium means very high volatile. I never sold a Call on my other 2000 shares because of the possible of a big move with earnings due. Now I didn’t bring in a premium and the stock will probably not make a big move today. This should cause some action from the SEC.<\/p>\n Let’s hope they get this straightened out!<\/p>\n <\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" As you know RH earnings were due out after the close yesterday. They were never announced! I looked at many websites which had them listed as Thursday, 2\/22\/18. Below is what was printed on the Charles Schwab website. Fourth Quarter Earnings Announcement Expected: Earnings will tentatively be announced Thursday, 02\/22\/2018. The consensus earnings are $1.55, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-4042","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75MP0-13c","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4042"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4042\/revisions"}],"predecessor-version":[{"id":4043,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4042\/revisions\/4043"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nExpected Timing:<\/strong> After close<\/em><\/p>\n
\nExpected Timing<\/strong>: After close<\/em><\/p>\n