Moderately bullish activity in Palo Alto Networks (PANW), with shares up 42c, or 0.21%, near $201.70. Options volume roughly in line with average with 72k contracts traded and calls leading puts for a put/call ratio of 0.86, compared to a typical level near 0.63. Implied volatility (IV30) is higher by 0.4 points near 29.48,and below the 52wk median, suggesting an expected daily move of $3.75. Put-call skew flattened, suggesting a modestly bullish tone.
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