Call Spread on DATA on 2/17/2015

bullis flag on DATATableau Software, Inc. (DATA) provides various business analytics software products in the United States, Canada, and internationally.

It offers Tableau Desktop, a self-service analytics product that empowers people to access and analyze data independently; and Tableau Server, a business intelligence platform with data management, scalability, and security to foster the sharing of data, as well as to improve the dissemination of information in an organization, and promote enhanced decision-making.

The company also offers Tableau Online, a cloud-based hosted version of Tableau Server; and Tableau Public, a cloud-based platform that allows the users of bloggers, journalists, researchers, and government workers to visualize public data on their Websites. It also provides related maintenance and support, and training and professional services.

The company offers its products and services to organizations in various industries, including business services, energy and telecommunications, financial services, Internet, life sciences and healthcare, manufacturing and technology, media and entertainment, public sector, education, retail, consumer, and distribution industries.

Shares have formed a bullish flag following the company's strong quarterly report. The firm reported Q4 earnings of $142.9 million. Analysts had expected $122.6 million. Earnings per share minus items jumped 110% to 42 cents. Estimates had called for 11 cents.

52-Weeks Trading Range: $52.02 - $102.37

Last Trade: $99.90

Trade

  • Buy 1 March $95.00 Call at $7.50
  • Sell 1 March $105.00 Call at $2.50
  • For a net debit of $5.00

Profit/Loss Analysis

  • Breakeven at $100.00
  • Maximum profit is $500.00 at strike of $105.00
  • Maximum loss is ($500.00) at strike of $95.00

Closing Summary

  • Sold 1 March $95.00 Call at $0.00
  • Bought 1 March $105.00 Call at $0.00

Position closed on 3/21/2015 at price of $0.00 with a -100.00% loss in 31 days.

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