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Palo Alto Networks call volume above normal and directionally bullish

Bullish option flow detected in Palo Alto Networks (PANW) with 41,420 calls trading, 1.8x expected, and implied vol increasing over 1 point to 31.73%. 8/22 weekly 190 calls and 8/22 weekly 207.5 calls are the most active options, with total volume in those strikes near 10,200 contracts. The Put/Call Ratio is 0.33. Earnings are expected on November 20th.

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