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Palo Alto Networks call volume above normal and directionally bullish

Palo Alto Networks call volume above normal and directionally bullish

Bullish option flow detected in Palo Alto Networks with 22,107 calls trading, 1.1x expected, and implied vol increasing over 1 point to 32.93%. 7/12 weekly 345 calls and 7/12 weekly 360 calls are the most active options, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 0.30. Earnings are expected on August 15th.

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