Jive Software Inc (NASDAQ:JIVE) Super Bullish Option Bet $1m+

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Jive Software Inc NASDAQ JIVE Super Bullish Option Bet $1m+

Photo: OctaFinance, generated by Rightedgesystems

Huge Jive Software Options Bet Revealed

A trader, for sure a professional bet more than $1 million through options that Jive Software Jive Software Inc (NASDAQ:JIVE) will rise. The trader bought 15k July 2015 calls with $6 strike. This is a $1.3 million super bullish bet Jive Software’s stock price. If the stock rise more than 30% until July this year, the trader will make a truly nice profit. His/her break-out point is about $7 per share.

His/her bet is not the only one. A few more trades were made in the options market recently.

Jive Software, Inc. (Nasdaq:JIVE) today announced that it will report financial results for its fourth quarter and full year ended December 31, 2014, after the U.S. markets close on Tuesday, February 10, 2015. Could this report be shocking for the markets and reveal what the options trader knew in advance?

Jive Software, Inc. (Jive) provides a social business software platform. The Company is focused on unlocking the power of the enterprise social graph, which is the extended social network of an enterprise, encompassing relationships among its employees, customers and partners, as well as their interactions with people, content, and business information. The Company’s customers use the Company’s platform across broad business use cases, such as strategic alignment, that involve all employees, as well as functional use cases that improve the results of specific business activities such as sales execution or customer service. The Company sells its platform primarily through a direct sales force both domestically and internationally. As of December 31, 2012, the Company had 800 enterprise Jive Platform customers. In May 2013, Jive Software Inc acquired StreamOnce Inc.

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  • Yuri Simione

    how did you evaluate the $1M bet?