Baltimore, Md. 1/11/2017: It shouldn’t be this easy to make money
—by Ian L. Cooper
Just days after recommending two trades on the cyber hacking scare, they’re both showing sizable gains.
On January 5, 2017, we recommended buying the following:
- The Proofpoint (PFPT) stock and May 75 calls up to $3.10
- The Palo Alto Networks (PANW) stock and March 135 calls up to $7.
Today, both continue to run, as the bill to tackle cyber attacks approaches $2.1 trillion over the next two years.
PFPT jumped from our January 5 entry of $74.80 to $80.42, as the May 75 call soared to $10.85. PANW jumped from our entry of $128 to $137.50, as the March 135 calls rocketed from $5.85 to $9.78.
Not a bad return in less than a week.
Look for more trades just like these from our options program being unveiled shortly.