Call Spread on VDSI on 4/20/2015

VASCO Data Security International (VDSI) designs, develops, and markets security systems to secure and manage access to user digital assets worldwide.

The company offers VACMAN, a host system authentication platform that combines technologies in one unique platform; IDENTIKEY Authentication Server that adds server functionality to the VACMAN core authentication platform; DIGIPASS for APPS, a client platform for mobile applications; DIGIPASS clients, a suite of approximately 50 multi-application client e-signature software products; and DIGIPASS as a Service and MYDIGIPASS.COM, an cloud-based authentication services platform, which offers secure access to multiple online and in-the-cloud applications to enterprise employees, businesses, and consumers.

It also provides IDENTIKEY Appliance, an authentication solution that offers two-factor authentication for remote access to a corporate network or to Web-based in-house business applications; IDENTIKEY Virtual Appliance, a virtualized authentication appliance that secures remote access to corporate networks and Web-based applications; and IDENTIKEY Federation Server, a server appliance that provides an identity and access management platform.

In addition, the company offers DIGIPASS product line that exists as a family of software and hardware client authentication products and services for authenticating users to any network, such as the Internet and mobile applications. Its DIGIPASSES calculate dynamic signatures and passwords to authenticate users on a computer network and for various other applications. The DIGIPASS technology is also designed to operate on desktop PC or laptops, personal digital assistants, mobile phones, and smart cards. The company sells its security solutions through its direct sales force, distributors, resellers, and systems integrators.

Shares have formed a bullish "double bottom" and are now trading above the $25 level. The company reports its earnings on April 27th. Higher share prices are expected for this stock.

52-Week Trading Range: $7.84 - $31.84

Last Trade: $25.30

Trade Buy 1 May $25.00 Call at $2.25 Sell 1 May $30.00 Call at $0.75 For a net debit of $1.50 Profit/Loss Analysis Breakeven at $26.50 Maximum profit is $350.00 at strike of $30.00 Maximum loss is ($150.00) at strike of $25.00 Closing Summary Sold 1 May $25.00 Call at $1.75 Bought 1 May $30.00 Call at $0.01

Position closed on 5/14/2015 at price of $1.74 with a 16.00% gain in 24 days.

Updates

5/14/2015 1:07:06 PM

We are taking profits on VDSI May $25-$30 Call Spread at $1.75!  Note that this contract becomes worthless at the close tomorrow.

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