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Palo Alto Networks call volume above normal and directionally bullish

Bullish option flow detected in Palo Alto Networks (PANW) with 21,714 calls trading, 4x expected, and implied vol increasing almost 2 points to 33.54%. Feb-26 220 calls and 1/30 weekly 200 calls are the most active options, with total volume in those strikes near 12,200 contracts. The Put/Call Ratio is 0.30. Earnings are expected on February 12th.

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