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Are Options Traders Betting on a Big Move in Palo Alto Networks (PANW)?

Over the last 60 days, one analyst has increased its earnings estimates for the current quarter, while http://casinoxw1.tubablogs.com none have dropped http://casinobingoilj.blogspeak.net their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from $1.16 per share to $1.17 in that period. Given the way analysts feel about Palo Alto Networks right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

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