CYBR inches close to buy point

I love the company CYBR right now, even though I'm not used to buying these newer hot issues, I think this could be a smart one to buy. It's at an official IBD buy point, and it has a nice cup with handle pattern, it's a leader in its group and is in a strong group 7/197. The only concern I have is that it is so volatile. The last base was 25% drop. I would like to ideally purchase options to solve the volatility concern.

PERFORMANCE WITHIN GROUP (CYBR)
CYBERARK SOFTWARE LTD RANK WITHIN THE COMPUTER SFTWR-SECURITY GROUP (23 STOCKS)
Composite Rating 99 Rank within Group: 1st
100%
Best in Group
EPS Rating 98 Rank within Group: 3rd
91%
Relative Strength Rating 99 Rank within Group: 1st
100%
Best in Group
SMR Rating A Rank within Group: 4th
86%
Acc/Dist. Rating B+ Rank within Group: 1st
100%
Best in Group
EPS - Group Leaders
PANW

Palo Alto Networks
QLYS

Qualys Inc (Added to My Stock Lists 04/15/15)
CYBR

Cyberark Software Ltd
VDSI

Vasco Data Security Intl
VRSN

Verisign Inc

Composite Rating 99
GENERAL MARKET AND INDUSTRY GROUP (CYBR)
General Market
Uptrend under pressure
Industry Group
Industry Group Rank (1 to 197) 7
FUNDAMENTAL PERFORMANCE (CYBR)
Current Earnings
EPS Due Date 05/07/2015
EPS Rating 98
EPS % Chg (Last Qtr) 200%
Last 3 Qtrs Avg EPS Growth 87%
# Qtrs of EPS Acceleration 2
EPS Est % Chg (Current Qtr) 400%
Estimate Revisions
Last Quarter % Earnings Surprise 320.0%
Annual Earnings
3 Yr EPS Growth Rate 24%
Consecutive Yrs of Annual EPS Growth 3
EPS Est % Chg for Current Year -43%
Sales, Margin, ROE
SMR Rating A
Sales % Chg (Last Qtr) 81%
3 Yr Sales Growth Rate 41%
Annual Pre-Tax Margin 15.6%
Annual ROE 15.8%
Debt/Equity Ratio 0%
TECHNICAL PERFORMANCE (CYBR)
Price And Volume
Price $62.64
RS Rating 99
% Off 52 Week High -11%
Price vs. 50-Day Moving Average 13%
50-Day Average Volume 2,696,400
Supply And Demand
Market Capitalization $1.9 B
Accumulation/Distribution Rating B+
Up/Down Volume 1.4
% Change In Funds Owning Stock 21%
Qtrs Of Increasing Fund Ownership 1