PANW has strong upside; breakout through $350-351 to ~$400 ATH likely, offering >200% gain potential on options.
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In double digits as I mentioned for Crowdstrike, PaloAlto Networks.
Yeah, I really love the upside on PaloAlto. I actually wanted to buy a little bit of time. Unfortunately, the stock has already gotten away from us. So I was looking at the October 16th PaloAlto 400 strike calls at 550 or lower.
I was trading there for about 15 minutes and then of course cyber security had exploded. So certainly you could bid up a bit. I would still put in a pretty wide stop at around 75% but I believe that the upside is easily over 200% gains.
The stock's already up at one point over 110% this morning. Uh I felt that the breakout was going to be really strong through this 350 351 price revisiting back towards the all-time high price right around $400.
Uh I truly believe there's a possibility of a breakout.
What this channel has said about $PANW
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