Expedia (EXPE) stock price is down over 8% so far today after the earnings report was released. "Even though EXPE shares are lower, they are still outperforming the S&P 500 Index or SPX. Fundamentals still remain intact. Peter Kern, the Expedia CEO, is transforming the business to be a more consistent earnings grower. In the past, the Expedia stock got ahead of itself," says Jed Kelly. George Tsilis discusses an example put vertical option trade with a neutral to bullish direction on Expedia (EXPE). He also discusses an example iron condor option trade with a neutral direction on Tripadvisor (TRIP).
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