by Ian Harvey
January 28, 2019
Cyberark Software Ltd (NASDAQ: CYBR)
Despite the stock market pullback CyberArk Software broke above its all-time highs of 2015. And “Mentorship Members” were in a position to capitalize on the situation gaining potential profits of 104% .
CyberArk has an established growth trajectory that includes 26% revenue expansion in fiscal 2018 and solid profitability, and operates in a fast-growth arena of tech that the big boys are looking to dominate.
GREED CAN BE THE UNDOING OF A GOOD PROFIT!
PATIENCE PAYS OFF!
YOU NEED TO BE IN TO PROFIT!
…….from……““Mentorship Program” Recommendations
The Details Presented Previously……..
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), headquartered in Petach Tikva, Israel, 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.
Despite competition from several large and smaller players, the International Data Corporation recognized CyberArk as the forefront of the industry with leading capabilities and strategies as well as the largest revenue base and customer base in the PAM security space.
** OPTION TRADE: Buy CYBR FEB 15 2019 85.000 CALL at approximately $2.00
The Result So Far………
Cyberark Software closed trading $84.13, +$3.98, marking a +4.97% move from the prior day. And after hours the stock continued to climb to settle at $84.50. Prior to yesterday’s trading, shares of the online crafts marketplace had gained 14.76% over the past month. This has outpaced the Computer and Technology sector's gain of 11.25% and the S&P 500's gain of 12.44% in that time.
Before trading today the latest available data shows that CYBR had returned about 8.11% since the start of the calendar year. Meanwhile, the Computer and Technology sector has returned an average of 7.19% on a year-to-date basis. This means that CyberArk Software is performing better than its sector in terms of year-to-date returns.
So, for “Mentorship Members”, who managed to execute this trade recommended by Stock Options Made Easy, and then exit yesterday; a potential profit of 104% was to be made.
Entering the option trade at a cost of $2.25 or less; and the price of the option reaching $4.60 within a couple of weeks; a tidy profit of 104% was made. Therefore, one options contract would provide a profit of $235.00.
A NICE START TO THE WEEK!
AS ALWAYS THE DECISION IS YOURS!
Basically the information provided previously in regard to the reasons for the recommended options trade still applies – the reasoning behind this has just been confirmed and further increase in the stock price is very likely in the near future.
Over the past three months, the Consensus Estimate for CYBR's full-year earnings has moved 3.68% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Equities research analysts expect Cyberark Software to post sales of $95.78 million for the current fiscal quarter. Eight analysts have provided estimates for Cyberark Software’s earnings. The highest sales estimate is $96.14 million and the lowest is $95.30 million. Cyberark Software posted sales of $80.37 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 19.2%. CYBR is scheduled to announce its next earnings report before the market opens on Thursday, February 14th.
Due to the increase in various hacks in the past year, a growing expense for corporate victims is apparent, and opens them up to costly and time-consuming lawsuits.
Cyberark is up 89% in the past 12 months, CYBR is on a roll. And coming in with just a $2.9 billion market cap, it has plenty of growth ahead of it.
Therefore, NEW Trade to consider……..
** OPTION TRADE: Buy CYBR APR 21 2019 90.000 CALL at approximately $4.50. Sell price is left to your own judgment.
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, but it is obvious that it does apply in this case; and during earnings season this strategy of predicting earnings 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 exceptional.
An Important Note: That any suggestions for options trade considerations require investors/traders to use their own discretion as to when to enter or exit! As well, it is advisable to do further research and due diligence before executing your trade.
It is sometimes best to exit a trade, if there is already sufficient profit accrued, before an earnings report is presented. GREED can be the undoing of a nice profit!
Strategies to Consider……
When To Exit A Trade Based On Earnings?.....Read Article
"Trading Capital Management" is a key component of your trading strategy. The strategy, on which we base our trades to achieve maximum profit, and to minimize loss, is contingent on using an equal amount of money for each trade.……continue reading this article……
Our proven track record says it all!!
Members of Stock Options Made Easy are provided with an extensive reason as to which direction a stock will move after earnings, followed up by a recommended options trade.
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Other Membership Options…….
If you interested in "Earnings Predictions" just click here……
or "Mentorship Program".....click here....