Home Options Trading Advantage Options – Shares of Check Point Software Technologies Hammered on...

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Shares of Check Point Software (CHKP) sunk after earnings were reported after market on October 31st. The stock has since settled down -12.49% from Wednesday’s close, finishing at 103.01. While the company did report an EPS beat above estimates, it’s Q4 projections were soft, leading traders to dump the stock. Keep an eye on CHKP going forward as adjustments to this view are likely.

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