Commit To Purchase Palo Alto Networks At $37.50, Earn 18.3% Annualized

Investors eyeing a purchase of Palo Alto Networks, Inc (NYSE: PANW) shares, but tentative about paying the going market price of $43.17/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $37.50 strike, which has a bid at the time of this writing of $3.10. Collecting that bid as the premium represents a 8.3% return against the $37.50 commitment, or a 18.3% annualized rate of ...