by Ian Harvey
June 13, 2018
OUT WHILST THE GOING IS GOOD!
GREED CAN BE THE UNDOING OF A GOOD PROFIT!
Cyberark Software Ltd (NASDAQ: CYBR)
Here is an update of Cyberark Software Ltd options trade. This options trade was recommended to “Cut-to-the-Chase” Members on Tuesday, June 05, 2018, based on Cyberark’s unique positioning in the cyber-security field - privileged account management; providing a potential profit of 153% - and more profit could be expected!
PATIENCE PAYS OFF
YOU NEED TO BE IN TO PROFIT!
The cyber-security field is a hot space. The annual cost of cyber-security attacks in the United States alone is estimated at approximately $100 billion, and that figure will only grow with the increase in technology use across all platforms. However, with such an increase in the use of technology and the growing issue of cyber-security threats, the number of companies competing to protect the networks of Fortune 500 companies has become intensely competitive.
Cyberark Software Ltd (NASDAQ: CYBR) provides cyber-security solutions that many other companies do, but its core product occupies a niche space that it has positioned itself as the industry leader in, privileged account management. This security solution, along with diversification in its offerings from recent strategic acquisitions, and the general tailwinds in the industry provide a nice setup for CyberArk to trend higher in the near future.
Privileged account management, to put it simply, restricts unauthorized users from accessing a company's most confidential and important data and information. Privileged account management is used by less than half of large enterprises currently; however, estimates are that this figure will increase to 75% by 2020. As cyber-security attacks continue to grow, it will be increasingly essential for security managers of large firms to protect its most critical information, and this is where solutions developed by CyberArk come into the equation……continue reading…..
Option trade to consider: Buy the FIVE JULY 20 2018 65.000
CALL at approximately $0.90.
CyberArk, the global leader in privileged access security, was recently named Best Identity Management Solution at the 2018 SC Awards Europe. CyberArk also led the Privileged Account Management category at The NetworkWorld Asia (NWA) Information Management Awards for the third consecutive year.
These awards recognize leading global organizations that consistently deliver technology innovation to protect against emerging threats and minimize the impact of a cyber-attack.
“Innovation is core to CyberArk’s DNA – it influences the solutions we deliver, how we prioritize risk reduction for customers, and the delivery of unparalleled value to partners,” said Marianne Budnik, chief marketing officer, CyberArk. “We’re proud that CyberArk is recognized by these prestigious global awards competitions as we set the gold standard for technology excellence and outpace the competition with the most comprehensive privileged access security solution on the market.”
Over the past twelve months, CyberArk’s stock was up 56.32%. Last week, it was up 3.65%, 8.74% over the last thirty, 26.10% over the last quarter, and 46.61% for the past half-year.
Eight research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $58.12.
Orbis Research recently released a report that sought to project growth for the global industrial cybersecurity market into 2023.
The report projected that the industrial cybersecurity market will grow from $13.2 billion in 2017 to $21.68 billion in 2023, representing a compound annual growth rate (CAGR) of 8.62%. Much of this growth is projected to be driven by government investment that will seek to improve industrial cybersecurity. The protection of critical infrastructure will be crucial going forward.
Research brokerages are projecting CyberArk to grow at an accelerated rate over the next 5 years. Wall Street analysts are looking for the company to grow 20.43% over the next year and 26.50% over the next five years.
So, for “Cut-to-the-Chase” members who managed to execute this trade recommended by Stock Options Made Easy; a potential profit of more than 153% made in less than a week -- Is it now time to exit the trade?
Entering the option trade at a cost of $0.90 or less; reaching as high as $2.28; one options contract would provide a profit of $138.00; or 154% Potential Profit.
Now is the time to decide if it is worth continuing to hold these trades or exit on excellent profits. It is nearly always prudent to exit a trade before an unknown incident occurs that could rattle a sound profit, and this is a fine example of such a situation.
As you would have by now realized, some of our trades are based on earnings predictions. This is not to say all trades recommended to members follow this pattern, as seen in this scenario as part of the “Cut-to-the-Chase Series”, but during earnings season this strategy has been very profitable.
Sometimes it is our approach to predict whether a company will beat or miss estimates, whether the stock will appreciate or depreciate as a result and what strategies investors and traders can use – such as found with the “Earnings Predictions Program”. This type of prediction is based on thorough investigation and fundamentally based research, and the results have been very exceptional.
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