Workday (WDAY) Working Its Way Higher

Workday is an on demand financial management, human capital management and student information system software vendor. The WDAY stock price is up over 15% today after a strong third quarter earnings report that beat estimates. Workday (WDAY) is set to launch a share buyback program of up to $500M. Jenny Horne weighs in on Workday’s uptick in subscriptions and compares it to Crowdstrike (CRWD) and NetApp (NTAP). Alex Coffey discusses an example put vertical option trade on WDAY with a neutral to bullish direction.