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Options Trade of the Week - Ruckus Wireless Inc (NYSE:RKUS) Calls
February 02, 2015

Options Trade of the Week
Ruckus Wireless Inc (NYSE:RKUS) Calls

Monday, February 02, 2015

Ruckus Wireless Inc (NYSE: RKUS), a provider of Wi-Fi solutions, as had a tough time of it as of late – due to several catalysts – an over-priced IPO, a slight miss in its 3Q earnings (Ruckus reported revenue of $85 million, but the Wall Street consensus was for $85.1 million) and a string of insider selling reports.

However, the good news is that Ruckess is at a price that is great for an entry of this options trade and other factors will also come into play – such as the IoT (“The Internet of Things”) where the trend toward ordinary devices having Wi-Fi chips built into them allowing people to control their home appliances from their smartphone, eg. “smart” refrigerators will send you a message telling you that you’re out of milk or eggs. This type of operation requires robust hardware and that’s what Ruckus provides. The number of IoT devices is expected to more than quadruple in just the next four years which is a massive opportunity for RKUS.

On top of this…..

.......Read the rest of the report and find out the recommended options trade …..

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