Analyst: Options Imply 10.5% Move For FireEye Inc


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


FireEye Inc. (NASDAQ: FEYE) share price may move by more than 10 percent following release of its earnings after the bell Wednesday. Eyeing options prices on the cybersecurity concern, TD Ameritrade's J.J. Kinahan told Benzinga that he sees a 10.5 percent implied move for the company."The interesting thing about FireEye with that being said, from a historical volitility perspective it's only about at the twelfth percentile," Kinahan said.Wall Street analysts on average expect the Milpitas, California company to post a loss of $0.49 cents per share, compared with a loss of $0.35 cents a year earlier. Revenue is expected to increase nearly 150 percent to $141.5 million.Security software vendor Symantec Corp. (NASDAQ: SYMC) last week blamed foreign exchange woes for a disappointing outlook while earlier, F5 Networks Inc. (NASDAQ: FFIV) posted slower-than-expected revenue growth.FireEye changed hands recently at $35.97, down 1.5 percent."In the shorter-term options, you're not seeing huge trades. You're seeing people playing it a little bit on the conservative side," Kinahan said of FireEye. Jake Mann and Brianna Valleskey contributed to this report.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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