Options Trader Bets on Monster Micron Move
Looking closer, one speculator bought to open 10,000 December 55 calls and 10,000 December 55 puts for an initial cash outlay of $7.94 million (10,000 spreads * $7.94 premium paid * 100 shares per contract). By doing so, the trader expects MU to surge above $62.94 (strike plus net debit) or sink below $47.06 (strike less net debit) by the close on Friday, Dec. 20, when the options expire.
Wow. Usually the big bets are in a single direction.
Very odd is not ATM.
Didnât sell the 500 TWLOs holding, betting Mr Market would push TWLO above the upper channel.
May I be right 
I wanted to get more by selling $90 puts when it was $92. I had to settle for keeping the premium.
Holding on to a stock in a bear trend when it touches the 50-day SMA is risky. I am betting that it would break out this time because of the bullish divergence. Bullish divergence is one of the most reliable indicator, even if it still decline this time, the bullish divergence should remain. Hence, I have closed some SQ and PANW to raise cash to catch a possible swoop.
I still donât get what all these data analytics companies do, and there are a ton of them. Dashboards and visualizations arenât that difficult. The bigger issue is almost always lack of data standards across companies. You canât just create a dashboard. Thereâs a ton ETL work that needs done first. Once you do that. The dashboard is the easy part.
Didnât use any of these modern data analytics tools. During my time*, performance and flexibility to change outputs are key issues. Why invest in SPLK? From scuttlebutt, everybody who have used it said is good 
SPLK mines machine data.
Note*: Data analytics and Strategic Analysis were key reasons for migrating from mainframe to WinTel PC Client-Oracle Server.
I never bought into PANW. My current thinking is to avoid infrastructure play in cloud stack, because the big guys like AMZN and MSFT can always make their own and undercut 3rd party providers. Palo Alto is in the firewall business. Doesnât AWS already provide its own firewalls? Even if PANWâs offering is slightly better, would it be integrated and thus be as easy to use as AWS native offering? Not sure. Thus avoid.
Ditto here, never looked into PANW as this is not making profit => Net loss widened to $59.6 million, or 62 cents per share, from $38.3 million, or 41 cents per share, a year earlier.
If someone believed cramer, what will be his status?
If it is only firewall business, short it. The new CEO is a super duper from Google and Softbank. PANW provides all-in-one i.e. firewall + cloud + end-computing + privileged access. Sell your ZS, OKTA and CRWD if you own them.
Have sold PANW based on TA and was agonizing whether to long puts, decide otherwise since I hate to play both direction. Donât understand the article at all, it had already shot up by a lot. Now agonizing when to buy back.
I donât follow Cramerâs timing. Just read what he has to say. His view is that of his WSâs buddies.
You miss my joke? My question is what take you two so long to jump on Cramer.
Poor Jil !!!
Too good to you !
PANW hasâŚ
Prisma is the industryâs most complete cloud security suite. It is our simple, yet, complete security answer to the complex cloud environment.
Cortex is the industryâs only open and integrated, AI-based continuous security platform.
âPalo Alto Networksâ multi-platform approach to security is clearly resonating with our customers,â said Nikesh Arora, chairman and CEO.
Nikesh Arora is an Indian businessman who served as a former Google executive. He later served as the president for SoftBank Group, joining the company in October 2014 until stepping down on 21 June 2016. On 1 June 2018 Arora took on the role of CEO and chairman at Palo Alto Networks.
Why do you need multi platform security? Is that the same tired argument about hybrid cloud? There is no advantage splitting your companyâs stuff between on-prem and public cloud. Itâs a clutch, a midway stop before going all the way to public cloud.
Not sure why people donât just go with whatever the platform provides. Itâs like on your PC, why would you pay 3rd party for a firewall while Windows already has something by default that integrates with everything else right off the bat?
Youâre new to IT industry? We go from best of breeds to integrated and vice versa.
At present, cloud functionalities are delivered by best of breeds. It will take sometime before people decide to go integrated.
PANW, I believe it will not decline below the red support line.
How are you sure PANW is best of breeds? And if it were how long will it stay that way? All I know is that there are only two big public cloud providers in a duopoly. Iâd rather bet on something I can see still hold 5 years down the road. As Bezos said, itâs easier to bet on things that donât change.
Palo Alto is a holding 
in Jim Cramerâs Action Alerts PLUS portfolio.
Only two? Sure is not three?
PANW would fit in nicely with AMZN, MSFT or GOOG.
M&A fever has started.
