Call Options on DT on 3/5/2020

trendline support, $DTDynatrace, Inc. (DTprovides a software intelligence platform for the enterprise cloud applications.

It offers Dynatrace, a platform for running an enterprise cloud.

The company's products include AppMon, Classic Real User Monitoring, Network Application Monitoring, and Synthetic Classic. Its platform allows its customers to modernize and automate IT operations, develop and release software, and enhance user experiences.

The company also offers implementation, consulting, and training services. Dynatrace, Inc. markets its products through a combination of direct sales team and a network of partners, including resellers, system integrators, and managed service providers. It serves customers in various industries comprising banking, insurance, retail, manufacturing, travel, and software.

Shares of this recent IPO are heading higher along a trendline support which coincides with the stock's 50-day moving average. 


On January 29th, Dynatrace reported 3rd Quarter December 2019 earnings of $0.06 per share on revenue of $143.3 million. The consensus earnings estimate was $0.03 per share on revenue of $137.5 million. 

The company said it expects fourth quarter non-GAAP earnings of approximately $0.08 per share on revenue of $147.0 million to $148.0 million. The current consensus earnings estimate is $0.07 per share on revenue of $144.7 million for the quarter ending March 31, 2020.

Higher share prices are expected for this stock.

 

Entry Point: $32.89

Trading Range: $17.05 to $37.065

Trade

  • Buy 1 March $32.00 Call at $2.00
  • For a net debit of $2.00

Profit/Loss Analysis

  • Breakeven at $34.00
  • Maximum profit is unbounded
  • Maximum loss is ($200.00) at strike of $32.00

Closing Summary

  • Sold 1 March $32.00 Call at $0.00

Position closed on 3/20/2020 at price of $0.00 with a -100.00% loss in 15 days.

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