FireEye, Inc. (FEYE) Traders See Upside Ahead

FireEye Inc (FEYE) has been running higher amid cybersecurity concerns

Digital Content Group
Feb 13, 2015 at 2:37 PM
facebook X logo linkedin


FireEye Inc (NASDAQ:FEYE) is crushing it this afternoon -- following sector peer Cyberark Software Ltd (NASDAQ:CYBR) north -- in the wake of another price-target hike. This time, Imperial Capital raised its target to $42 from $32, while reiterating an "in-line" rating. Not surprisingly, options traders have responded by targeting calls.

Taking a quick step back, FEYE calls are crossing at nearly quadruple the expected intraday rate, and outnumber puts by a roughly 5-to-1 margin. According to data from the International Securities Exchange (ISE), the March 44 call is seeing buy-to-open activity, as speculators gamble on additional upside through the close on Friday, March 20 -- when the back-month options expire.

At last check, FEYE shares were up 5% at $41.62, bringing their year-to-date advance to about 32%. What's more, the stock has outperformed the broader S&P 500 Index (SPX) by 35 percentage points over the last two months.

FireEye Inc (NASDAQ:FEYE) has also likely benefited from increased attention in the wake of several high-profile cyberattacks. Today, in fact, President Barack Obama is hosting a summit to address the intensifying need for online security, with FEYE earlier announcing an intelligence-sharing initiative.

Daily Chart of FEYE since November 2014

 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI