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Mark R. Hake, CFA

Palo Alto Networks Stock Has Held Up Well, Ideal for Put Option Short Sellers

Palo Alto Networks Palo Alto Network PANW

Palo Alto Networks (PANW) stock has held up well in the last month, especially compared to other tech stocks. This makes it ideal for short sellers of out-of-the-money put options to gain extra income.

PANW stock is at $236.25 in morning trading on Monday, Oct. 2. That is down from $242.72, where it closed on Sept. 1. So, it is off just 2.5% in the last month.

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