Twitter, Inc. (TWTR) is a global platform for public self-expression and conversation in real time offering products and services for users, advertising, developers, platform and data partners for users to create content. The stock is currently trading around $36.01 at the lower end of its 52 week range of $33.51-$55.99. The stock has been under performing the market this year falling 4.57% year to date. TWTR is scheduled to report earnings after the closing bell today, and the stock is up $1.31 or 3.78% on the session ahead of the close.

Over the past 6 quarters TWTR has rallied on earnings day 2 times with an average move of 17.83%. The stock appears bearish on a chart going into the release having traded below or in the Ichimoku Cloud since May on the daily bars. Over the past 6 quarters TWTR has rallied on earnings day to expiration 2 times with an average move of 16.65%. Investors are mainly interested in the company’s subscriber growth, recent acquisitions, and if the company will turn a profit. With a very bearish chart, poor earnings history and no profit to show it is hard to justify anything but a short position on TWTR.

The options market is currently implying a move of around $4.56 or 13.2% in TWTR by this Friday’s close giving us targets of $31.45 and $40.57.

Trade: Buy this week’s 33-32 Vertical put spread for $0.25
Risk: $25 per lot
Reward: $75 per lot
Break Even: $32.25

Pfizer, Inc. (PFE) is a global bio-pharmaceutical company engaged in the discovery, development and manufacture of healthcare products operating in 3 segments: Global Innovative Pharmaceutical, Global Vaccines, and Oncology and Consumer Healthcare. The stock is currently trading around $34.11 at the upper end of its 52 week range of $27.51-$35.53. The stock has been out performing the market this year rallying 9.69% year to date. PFE is scheduled to report earnings before the opening bell tomorrow, and the stock is down $0.14 or 0.42% on the session ahead of the close.

Over the past 8 quarters PFE has rallied on earnings day 4 times with an average move of 1.2%. The stock appears flat on a chart going into the release having traded within the same range of 33-35 since February on the daily bars. Investors noticed a lower EPS estimate for this quarter compared to 1Q15. This quarter the company reported an estimate lower than predicted, but Pfizer reiterated no change in its operational outlook. This revision is simply a reflection of the negative impact of foreign exchange issues, primarily the weak Euro. The company generates about 21% of its revenue from developed Europe. With a flat chart, strong resistance from 52 week high and a weak Euro it is hard to justify anything, but a short position on PFE.

The options market is currently implying a move of around $1.25 or 3.67% in PFE by this Friday’s close giving us targets of $32.86 and $35.36.

Trade: Buy this week’s 33.5-32.5 Vertical put spread for $0.25
Risk: $25 per lot
Reward: $75 per lot
Break Even: $33.25

United Parcel Service, Inc. (UPS) is a package delivery company providing global supply chain management solutions and delivers packages in over 220 countries and territories providing control and visibility of customer’s inventories. The stock is currently trading around $95.04 at the lower end of its 52 week range of $94.05-$114.40. The stock has been under performing the market this year falling 14.54% year to date. UPS is scheduled to report earnings before the opening bell tomorrow, and the stock is up $0.29 or 0.31% on the session ahead of the close.

Over the past 12 quarters UPS has rallied on earnings day 7 times with an average move of 2.12%. The stock appears bearish on a chart going into the release having traded below or in the Ichimoku Cloud since mid-June on the daily bars. Over the past 12 quarters UPS has rallied from earnings to the nearest options expiration 6 times with an average move of 2.45%. The stock looks as if it could continue today’s trend and rip to the upside after receiving a lot of support from the 52 week low. Investors expect to see growth of 6% to 12% in EPS based off of the estimate UPS has given. With strong earnings rallies, support from the 52-week low and positive news pertaining to earnings it is hard to justify anything, but a long position on UPS.

The options market is currently implying a move of around $3.64 or 3.8% in UPS by this Friday’s close giving us targets of $91.54 and $98.82.

Trade: Buy this week’s 97-98 Vertical call spread for $0.28
Risk: $28 per lot
Reward: $72 per lot
Break Even: $97.28

E-Trade Financial Corp. (ETFC) is a financial services company that provides brokerage and related products and services primarily to individual retail investors and provides investor-focused banking products primarily sweet deposits to retail investors. The stock is currently trading around $29.68 at the upper end of its 52 week range of $18.20-$31.48. The stock has been out performing the market this year rallying 22.33% year to date. ETFC is scheduled to report earnings after the closing bell today, and the stock is down $0.52 or 1.71% on the session ahead of the close.

Over the past 12 quarters ETFC has rallied on earnings day 6 times with an average move of 4.40%. The stock appears bullish on a chart going into the release having traded above or in the Ichimoku Cloud since March on the daily bars. Over the past 12 quarters ETFC has rallied from earnings to the nearest options expiration 8 times with an average move of 5.19%. The stock looks as if it could reverse today’s trend and rip to the upside following the recent bullish trend. Investors have heard news of recent increase in assets under management exceeding $50 billion. With bullish technical analysis and great earnings performance in the past it is hard to justify anything, but a long position on ETFC.

The options market is currently implying a move of around $1.18 or 4.0% in ETFC by this Friday’s close giving us targets of $28.5 and $30.86.

Trade: Buy this week’s 30-31.5 Vertical Call spread for $0.32
Risk: $32 per lot
Reward: $118 per lot
Break Even: $30.32

Starbucks Corporation (SBUX) is the premier roaster, marketer and retailer of specialty coffee in the world operating in 65 countries purchasing and roasting high-quality coffee, handcrafted coffee, tea and other beverages. The stock is currently trading around $56.65 at the upper end of its 52 week range of $35.38-$57.00. The stock has been out performing the market this year rallying 38.15% year to date. SBUX is scheduled to report earnings after the closing bell today, and the stock is down $0.5 or 0.08% on the session ahead of the close.

Over the past 12 quarters SBUX has rallied on earnings day 9 times with an average move of 4.52%. The stock appears extremely bullish on a chart going into the release having traded above the Ichimoku Cloud since March on the daily bars. Over the past 12 quarters SBUX has rallied from earnings to the nearest options expiration 9 times with an average move of 4.44%. The stock looks as if it could rip to the upside following the recent bullish trend. Investors are expecting to see positive responses from customers due to the Starbucks’ Mobile Order & Pay where a customer can order before arriving at a Starbucks store. With an extremely bullish technical analysis and spectacular earnings performance in the past it is hard to justify anything, but a long position on SBUX.

The options market is currently implying a move of around $2.5 or 4.4% in SBUX by this Friday’s close giving us targets of $54.15 and $59.15.

Trade: Buy this week’s 58.5-59.5 Vertical Call spread for $0.21
Risk: $21 per lot
Reward: $79 per lot
Break Even: $58.71

Celgene Corporation (CELG) is with its subsidiaries, is an integrated bio-pharmaceutical company engaged primarily in the discovery, development and commercialization of therapies for the treatment of cancer and inflammatory diseases. The stock is currently trading around $139.13 at the upper end of its 52 week range of $83.16-$140.72. The stock has been out performing the market this year rallying 24.37% year to date. CELG is scheduled to report earnings after the closing bell today, and the stock is up $0.87 or 0.63% on the session ahead of the close.

Over the past 12 quarters CELG has rallied on earnings day 7 times with an average move of 3.43%. The stock appears bullish on a chart going into the release having ripped through the bottom to the top of the Ichimoku Cloud over the past month on the daily bars. Over the past 12 quarters CELG has rallied from earnings to the nearest options expiration 7 times with an average move of 3.57%. The stock looks as if it could continue rising following the recent bullish trend. Investors are expecting to see strong revenue due to the company’s release of a new drug called Revlimid. With a bullish technical analysis and great earnings performance in the past it is hard to justify anything, but a long position on CELG.

The options market is currently implying a move of around $1.72 or 1.2% in CELG by this Friday’s close giving us targets of $137.41 and $140.85.

Trade: Buy this week’s 140-141 Vertical Call spread for $0.28
Risk: $28 per lot
Reward: $72 per lot
Break Even: $140.28

American Express Co. (AXP) is a global service company with principal products and services being charge and credit payment card products, travel-related services offered to consumers and businesses around the world. The stock is currently trading around $78.79 at the lower end of its 52 week range of $75.75-$94.89. The stock has been under performing the market this year falling 15.33% year to date. AXP is scheduled to report earnings after the closing bell today, and the stock is down $0.15 or 0.20% on the session ahead of the close.

Over the past 12 quarters AXP has rallied on earnings day 4 times with an average move of 2.76%. The stock appears bearish on a chart going into the release having traded below or in the Ichimoku Cloud since March on the daily bars. Over the past 12 quarters AXP has rallied from earnings to the nearest options expiration 4 times with an average move of 3.48%. The stock looks as if it could continue falling following the recent bearish trend. Investors are expecting to see the company suffer from a rise in expenses, loan loss provisions, and foreign currency fluctuation. After an intensive technical analysis and poor earnings performance in the past it is hard to justify anything, but a short position on AXP.

The options market is currently implying a move of around $2.13 or 2.7% in AXP by this Friday’s close giving us targets of $76.66 and $80.92.

Trade: Buy this week’s 77.5-76 Put Vertical spread for $0.31
Risk: $31 per lot
Reward: $119 per lot
Break Even: $77.19

SanDisk Corp. (SNDK) provides flash storage solutions, designs, develops and manufactures data storage solutions in a variety of forms using flash memory, controller, firmware and software technologies. The stock is currently trading around $54.27 at the lower end of its 52 week range of $53.18-$106.64. The stock has been under performing the market this year dropping an appalling 44.65% year to date. SNDK is scheduled to report earnings after the closing bell today, and the stock is down $1.31 or 2.36% on the session ahead of the close.

Over the past 12 quarters SNDK has rallied on earnings day 7 times with an average move of 5.39%. The stock appears bearish on a chart going into the release having traded below and in the Ichimoku Cloud since for a few months since March on the daily bars. Over the past 12 quarters SNDK has rallied from earnings to the nearest options expiration 6 times with an average move of 6.16%. The stock price has not ripped to the upside for the past 4 quarters. Investors are expecting to see how the company performs having seen decline in PC shipment worldwide by 9.5%. With negative growth, bearish technical analysis, and poor earnings performance in the past 4 quarters it is hard to justify anything, but a short position in SNDK.

The options market is currently implying a move of around $4.44 or 8.2% in SNDK by this Friday’s close giving us targets of $49.83 and $58.71.

Possible Trade: Buy this week’s 51-49 Put Vertical Spread for $0.43
Risk: $43 per lot
Reward: $157 per lot
Break Even: $50.57

Texas Instruments Inc. (TXN) designs, makes and sells semiconductors to electronic designers and manufacturers across the world through two segments: Analog and Embedded Processing. The stock is currently trading around $49.22 at the middle of its 52 week range of $41.47-$59.99. The stock has been under performing the market this year dropping 7.93% year to date. TXN is scheduled to report earnings after the closing bell today, and the stock is down $1.01 or 2.05% on the session ahead of the close.

Over the past 12 quarters TXN has rallied on earnings day 7 times with an average move of 2.83%. The stock appears bearish on a chart going into the release having traded below the Ichimoku Cloud for the last few months since late April on the daily bars. Over the past 12 quarters TXN has rallied from earnings to the nearest options expiration 5 times with an average move of 3.69%. The stock looks as if it could drop to the downside further in today’s session following the recent bearish trend. Investors are expecting to see how the company performs after delivering poor earnings numbers last quarter taking a huge hit from strong currency headwinds. Considering a strong USD, weak technical data, and poor earnings performance in the past it is hard to justify anything, but a short position on TXN

The options market is currently implying a move of around $2.01 or 4.1% in TXN by this Friday’s close giving us targets of $47.21 and $51.23.

Trade: Buy this week’s 48-46.5 Put Vertical spread for $0.33
Risk: $33 per lot
Reward: $117
Break-Even: $47.67

Apple Inc. (AAPL) designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players and a variety of related software services, network solutions and applications. The stock is currently trading around $131.53 at the upper end of its 52 week range of $93.28-$134.54. The stock has been out performing the market this year rallying 18.78% year to date. AAPL is scheduled to report earnings after the closing bell today, and the stock is down $0.54 or 0.41% on the session ahead of the close.

Over the past 12 quarters AAPL has rallied on earnings day 7 times with an average move of 3.98%. The stock appears bullish on a chart going into the release having traded below and ripped through the top of the Ichimoku Cloud since mid-July on the daily bars. Over the past 12 quarters AAPL has rallied from earnings to the nearest options expiration 6 times with an average move of 4.78%. The stock looks as if it could rip to the upside in today’s session following the recent bullish trend. Investors are expecting to see how the company performs after the public expects a low sales number on the watches. Other investors have looked to the East for positive sales number as the company continues to dominate China in iPhone sales.

The options market is currently implying a move of around $6.26 or 4.8% in AAPL by this Friday’s close giving us targets of $125.27 and $137.79.