PANW Palo Alto Networks Options Ahead of Earnings

If you haven`t bought PANW here:

Then Analyzing the options chain of PANW Palo Alto Networks prior to the earnings report this week,
I would consider purchasing the 190usd strike price Calls with
an expiration date of 2023-6-16,
for a premium of approximately $8.75
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.

Trade chiuso: obiettivo raggiunto:

PANW is trading at $207.38 after earnings, with calls trading more than twice as high intraday compared to the price it was trading at when I wrote this article.