Nutanix jumped 12 percent, how traders might play that trade?

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Nutanix, which went public last year, generated sales growth of 67 percent, with new business coming from companies including Caterpillar, Volkswagen and Sprint. Corporations are flocking to Nutanix's hybrid technology as they manage the transition to the cloud while also keeping key pieces of their infrastructure in-house. Revenue of $191.8 million topped the $186.6 million average analyst estimate, according to Yahoo Finance. The company's adjusted loss of 42 cents a share, compared with a 45-cent average estimate from analysts. Nutanix rose $2.18 to $19.75 after the report. The stock debuted at $16 in September and more than doubled on their opening day to $37. Prior to Thursday's announcement, the shares were down 34 percent for the year. some traders might use option trading technique To trade Nutanix to gain a huge profit with a little risk by buying near the money call options and selling out Of the money call option. For instance NTNX 20 call / June 17 is $90 and 22.50 call is $25 so if They buy 20call option and Sell 22.50 call option their cost will be 90-25=$65 only maximum loss and if the stock price goes up to 22.50 and. More their profit will be 250-65=$185 profit. And that's about 300% profit margin.

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