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Palo Alto Networks call volume above normal and directionally bullish
The Fly

Palo Alto Networks call volume above normal and directionally bullish

Bullish option flow detected in Palo Alto Networks with 51,348 calls trading, 6x expected, and implied vol increasing over 1 point to 29.86%. 6/28 weekly 340 calls and Aug-24 400 calls are the most active options, with total volume in those strikes near 14,400 contracts. The Put/Call Ratio is 0.29. Earnings are expected on August 15th.

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