How to play Workday after Earnings

Trading Options, Stock Trading, WDAY Earnings

How to play Workday after Earnings

 

Workday (WDAY) reported earnings last night. WDAY is a fast growing cloud-based application provider, and its results beat the consensus estimates on revenues and EPS.

 

However, the stock seems to be down 8% due to some unknown reason, maybe something was said was on the conference call.

 

WDAY is a strong stock, and here’s an Options trade to maximize this pullback and take advantage of a bounce over the next few weeks.

 

Please watch video below

 

 

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