Tuesday, May 31, 2016

FEYE Jan 2017 Options

Fire Eye has gotten hit hard but isn't likely to go under anytime soon.  after a brief touch in the 12's it is rebounding as new leadership and acquisitions are taking place.

My place is in the at the money (15 strike price) to the 25 strike range.  Whatever you feel comfortable with.  Within that range the 20 (having over 6000 open interest), 23 & 25s have the most open interest.  Buy to open any of those and while there is always risk, hackers aren't quitting and having the point solutions with the intelligence (latest acquisition of ISight Partners) sets FEYE up for a win.

Happy Trading