May Call Buying Continues in FireEye (FEYE) Targeting 4.5% Upside in Shares -Susquehanna

Susquehanna options strategist Alison Edwards notes call buying activity in FireEye (NASDAQ: FEYE), as opening investors purchased 17k May 11 Calls. This adds to ~9k of the same option that traded on Friday. The investors open exposure to a move above $11 (up 4.5%) through mid-May. Note that FireEye has been mentioned as an M&A target in the past.

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