Commit To Purchase Palo Alto Networks At $270, Earn 8.2% Using Options

Investors considering a purchase of Palo Alto Networks, Inc (PANW) shares, but tentative about paying the going market price of $388.32/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December 2026 put at the $270 strike, which has a bid at the time of this writing of $22.00..