Mixed options sentiment in Palo Alto Networks (PANW), with shares up $1.13, or 0.57%, near $198.46. Options volume relatively light with 36k contracts traded and puts leading calls for a put/call ratio of 1.25, compared to a typical level near 0.55. Implied volatility (IV30) dropped 0.25 near 27.49,in the bottom quartile of the past year, suggesting an expected daily move of $3.44. Put-call skew flattened, suggesting a modestly bullish tone.
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