Bought a 1 Contract Palo Alto Call

The market is taking a little beating today. With Palo Alto (PANW) down $15.50 today I bought a 1 Call option at the lower price. I bought 1 PANW 1/17/15 $390 C @ $15.85.

I’m a little nervous with the Calls I bought today because the inflation Report is coming out on Wednesday at 8:30am. Hopefully the CPI Report comes out okay and the market continues up into a Santa Claus Rally, which should start next week. If the market is worried about this report was could see another weak day tomorrow.

Buy to Open 1 PANW 1/17/25 $390.00 C @ $15.85

 

Successful trading,

Steve

The Options Coach