Panw drop more than 5%.

Palo Alto is a leading cyber security company in 🇺🇸, it's the biggest by mkt cap. When ever you decide to sell csp on a company, please research the company's fundamental and their financial accounting books and etc. This is very important because, even if you do get assignment, at least you are buying a good company at a discount price you decide on the strike price. It is also a good idea to incorporate sma days or technical chart analysis of support levels, to help you identify your desire strike price.

Sell put csp at 350 strike, 90 dte feb 21/25, premium 1360, delta -0.282, iv 36.1%, Annualised Return 15.76%. You can decide on your desire strike price at 340, 330 and etc. This is cash secure put, so beware of assignment risks, so 350 x 100 shares = 35k usd as collateral in your trading account.

😊 option trading