PANW reporting tonight — where do you see it going?
Palo Alto reports fiscal Q3 tonight (June 2) after the close, webcast at 4:30 PM ET. I'm trying to gauge where people think this lands because the setup looks extended as hell and I want to know if I'm missing something. Options are pricing a big move — I've seen anywhere from ~5.5% to ~11.75% implied depending on the source, with today's reads on the higher end as IV ramps. Call it roughly 8-12%. Current price ~$293.94, sitting 28% above its 20-day SMA . RSI-14 is at 84.5 — deep overbought. Stock is basica
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