FireEye, Inc. (FEYE) Hacking Report Entices Option Bulls

A report by FireEye Inc (FEYE) accuses China of a 10-year hacking campaign in Asia

Digital Content Group
Apr 13, 2015 at 10:44 AM
facebook X logo linkedin


FireEye Inc (NASDAQ:FEYE) made waves over the weekend, releasing a report documenting a decade's worth of cyber espionage by a group linked to the Chinese government. Meanwhile, in today's options pits, calls are crossing at double the usual intraday clip, outstripping puts by a nearly 7-to-1 margin.

Among the most active FEYE strikes is the April 43 call, where it looks like traders are buying new positions. In so doing, these speculators anticipate the stock -- which is down 2% at $42.38, along with sector peer Symantec Corporation (NASDAQ:SYMC) -- will rebound back above $43 by this Friday's close, when front-month options expire.

Longer term, FEYE has put on a clinic on the charts. Year-to-date, the equity has advanced roughly 34%, while outperforming the broader S&P 500 Index (SPX) by 21 percentage points over the last three months.

Should this technical trend continue, FireEye Inc (NASDAQ:FEYE) could benefit from a round of positive analyst attention. Nearly half of the analysts tracking the outperformer have given it a "hold" or worse recommendation, and the stock's average 12-month price target of $43.35 sits at a slim 2.3% premium to current trading levels.

 

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