Weekly Calls Hot on FireEye, Inc. (FEYE) Amid Halo Lift

Weekly 5/8 call buyers set their sights on rallying FireEye Inc (NASDAQ:FEYE)

May 8, 2015 at 2:01 PM
facebook X logo linkedin


FireEye Inc (NASDAQ:FEYE) is getting a halo lift from sector peer Cyberark Software Ltd (NASDAQ:CYBR) today, and was last seen 3.5% higher at $41.73. In the options pits, calls are trading at a slight mark-up to what's typically seen at this point in the day, with a number of eleventh-hour speculators eyeing additional gains through tonight's close.

In fact, FEYE's three most active options are the weekly 5/8 41-, 42-, and 42.50-strike calls, and it looks as if new positions are being purchased at each strike. In other words, traders are rolling the dice on the equity to continue its rally through session's end, when the weekly series expires.

Widening the sentiment scope reveals option traders have been initiating long puts -- relative to calls -- at a faster-than-usual clip in recent weeks. At the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), FEYE's 10-day put/call volume ratio of 0.48 rests in the 77th percentile of its annual range.

On the charts, the stock has been a standout in 2015, tacking on roughly 32%. More recently, the shares pulled back to their 80-day moving average in the wake of FireEye Inc's (NASDAQ:FEYE) own earnings-induced pop and bounced, suggesting a sturdy layer of support is in place.
 

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