Put Options on DOX on 1/28/2019

Amdocs Limited (DOX) provides software and services to the communications, pay TV, entertainment, and media industry service providers worldwide. The company offers amdocsONE a line of services designed for various stages of a service provider's lifecycle, including planning, delivery, implementation, and ongoing support, as well as consumer experience and monetization, media and digital, enterprise and connected society, service-driven network, and services and agile operation solutions.

It also provides managed, quality engineering, data and intelligence, cloud enablement, digital business operation, autonomous network service assurance, and advisory services.

In addition, the company offers mobile financial services, which enable service providers and financial institutions to serve financially underserved customer segments; revenue guard services designed to detect and resolve revenue leakage, fraud, and cyber fraud; and the BriteBill, a multi-channel bill presentment platform focused on contextual and personalized customer engagements. Further, it provides advertising and media services for media publishers, TV networks, video streaming providers, advertising agencies, and service providers.

Shares have formed a bearish "flag" after the stock was fearured as "short" by a major hedge fund with a $30 target price. We expect lower share prices for this stock.

We will be trading February 15th Put Option

Last Trade: $55.45

Trading Range: $52.60 to $71.72

Trade Buy 1 February $57.50 Put at $2.65 For a net debit of $2.65 Profit/Loss Analysis Breakeven at $54.85 Maximum profit is unbounded Maximum loss is ($265.00) at strike of $58.00 Closing Summary Sold 1 February $57.50 Put at $1.50

Position closed on 2/15/2019 at price of $1.50 with a -43.40% loss in 18 days.

Updates

2/15/2019 12:18:35 PM

DOX put options closed at $1.50

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