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Options: 3 Big Blue Chips to Trade Before Earnings

AMZN, BIDU and P enter the earnings confessional soon. Get out in front with these options ideas

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With a flood of earnings due out again this week, the technology sector will come under heavy scrutiny. Several key tech players will be stepping into the limelight, including online retailing heavyweight Amazon (NASDAQ:AMZN), Chinese juggernaut Baidu (NASDAQ:BIDU) and Internet radio sensation Pandora (NYSE:P).

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Wall Street will be looking closely at these results, especially in light of the recent correction, which was led lower by momentum stocks within the technology sector. Overall, the Technology SPDR (NYSEARCA:XLK) is in the process of rebounding, but continued success will depend heavily on reactions to this week’s cadre of quarterly reports.

Can AMZN, BIDU and P all help keep the ball rolling? Read on and we’ll take a look at trading ideas for this trio ahead of earnings.

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