Mixed options sentiment in Palo Alto Networks (PANW), with shares up $2.21, or 1.11%, near $201.45. Options volume running well above average with 46k contracts traded and calls leading puts for a put/call ratio of 0.37, compared to a typical level near 0.55. Implied volatility (IV30) dropped 0.35 near 26.91,in the lowest 10% of observations over the past year, suggesting an expected daily move of $3.41. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PANW:
- ‘U.S. Bombing of Iran Won’t Derail Tech Stocks,’ Says Wedbush
- CRWD, PANW, and SentinelOne Get Set to Secure Cybersecurity Market
- IRIB says Israel launches cyberattack against Iran, Bloomberg reports
- DA Davidson cybersecurity analysts hold an analyst/industry conference call
- Cyberattack on Washington Post Puts CRWD and PANW Back in the Spotlight