PANW Trade on Aug 24, 2021 15:48 from Marius: Tradervue User Stock Trades.

Tail-end of corporate earnings season and approaching EOM. Monetary policy updates with central bank at the annual Jackson Hole event EOW. Lighter volume to start the week but market waiting for any less likely un-priced in announcements. Continued dovish commentary was reiterated by Powell and market rallied into the end of the week.

Fundamentals In Play Analysis

Palo Alto Networks reported a continued accelerated growth beating consensus and raising guidance. They are also adding additional share repurchases. The company is benefiting the shift to at-home work and all off-site security needs. Billings and RPO grew more than revenue which indicates continued growth in future quarters.

Quantitative Analysis

Intraday Fundamentals

RVOL 11.80
AVOL 941.90k
ATR 13.10
Beta 1.40
Volatility 2.82% 2.34%
Short Float 5.32%
Shs Float 95.28M
Inst Own 86.40%
Market Cap 42.50B

Options Statistics + Tape Reading + Order Flow + Dark Pool Levels + Flow Sentiment

SI 7.153
IV 34.43%
IVP 54%
P/C 0.853
VWAP 437.279

Options Positioning

OI 224 27
VOL 2454 347
Delta -.02 -.01
Theta -.14 -.08
Vega .02 .01
Gamma .00 .00
Prob T 4.72% 2.49%
Prob ITM 2.38% 1.26%
MMM +/- 15.142
IV Series 42.41%

Earnings Statistics

Technical Analysis

Trade Setup/Execution Grade + Risk (risk:premium) + Positioning + Size/Allocation Management & Review

(A+/A) setup / (A) execution. 1/2RP, conservative/moderate positioning, ~19 allocation. This was an (A+) trade setup but w/ fair caution from the morning meeting. There is more I can extract from the trade and position more aggressively in these type of trades. This was my best trade for the week and will highlight this in my playbook and continue to work on my (A+) trades. The reason for the (/A) designation was the lower AVOL and OI in the chain. I need to recognize that any stock can see increased RVOL and that is when there is elevated opportunity. There is a notable reason for the elevated order flow and I'll need to see this to trade this better in the future. That in itself is strong indication of direction.