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Pelosi Buys Palo Alto Networks Stock
Posted on 2/27/24 at 8:34 am
Posted on 2/27/24 at 8:34 am
Posted on 2/27/24 at 8:36 am to StonewallJack
He/she got their arse burned then. Palo is down nearly 20% from the call purchase date.
Posted on 2/27/24 at 8:47 am to StonewallJack
We saw that yesterday and couldn't make any sense of it.
This post was edited on 2/27/24 at 8:50 am
Posted on 2/27/24 at 10:42 am to StonewallJack
Help me understand this.
If she buys call options on the 21st with a strike at $200, the stock was trading at $260ish…..so wouldn’t she pay a premium because she’s already in the money? If she was playing some long game wouldn’t it make more sense to buy a strike a little higher than the current price?
Obviously I’m not an options trader.
![](https://pbs.twimg.com/media/GHRh_PcXMAALWn1?format=jpg&name=900x900)
If she buys call options on the 21st with a strike at $200, the stock was trading at $260ish…..so wouldn’t she pay a premium because she’s already in the money? If she was playing some long game wouldn’t it make more sense to buy a strike a little higher than the current price?
Obviously I’m not an options trader.
This post was edited on 2/27/24 at 2:19 pm
Posted on 5/19/24 at 8:30 am to StonewallJack
Earnings tomorrow after the close. ??
Posted on 5/19/24 at 4:27 pm to StonewallJack
I bought it at 280 due to this thread. Happy so far.
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