Then Analyzing the options chain of PANW Palo Alto Networks prior to the earnings report this week, I would consider purchasing the 190usd strike price Calls with an expiration date of 2023-6-16, for a premium of approximately $8.75 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.
Trade closed: target reached
PANW is trading at $207.38 after earnings, with calls trading more than twice as high intraday compared to the price it was trading at when I wrote this article.
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