Pre-earnings options volume in Palo Alto Networks is 2.1x normal with calls leading puts 4:3. Implied volatility suggests the market is anticipating a move near 8.6%, or $29.42, after results are released. Median move over the past eight quarters is 9.9%.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PANW:
- Options Volatility and Implied Earnings Moves Today, August 19, 2024
- Options Volatility and Implied Earnings Moves This Week, August 19 – August 22, 2024
- Is PANW a Buy, Before Earnings?
- Palo Alto Networks price target raised to $375 from $360 at Baird
- Palo Alto Networks added to ‘Tactical Underperform’ list at Evercore ISI