If you haven`t bought PANW`s Double Bottom here: or before the earnings here:
Then analyzing the options chain and the chart patterns of PANW Palo Alto Networks prior to the earnings report this week, I would consider purchasing the 230usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately $7.65. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
أغلقت الصفقة: تم الوصول للهدف
PANW traded at $246.30 after earnings, and the calls went up from $7.65 (when I wrote this article) to $15.30 at the close today (a lot higher intraday), for decent 2X gain! Congrats to those who bought the calls!
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