Agree To Purchase Palo Alto Networks At $180, Earn 5.7% Using Options
August 07, 2024 at 11:39 AM EDT
Investors eyeing a purchase of Palo Alto Networks, Inc (PANW) shares, but cautious about paying the going market price of $312.33/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December 2026 put at the $180 strike, which has a bid at the time of this writing of $10.20..