u/BFLO-Retail · 31d ago7 prior · 20% at 3mo
“Put Options (position not yet executed; author asks for reasons to justify valuation before laying down Put Options)”
Can Someone Explain Why PANW is Worth 299 x Earnings??
PANW trades at an extreme 299x earnings and 30x revenue, which the author considers economically indefensible and enters fairy-tale territory. The author plans to establish put option positions, betting on a significant downward correction.