SYMBOL: PANW
 
Palo Alto has earnings on Monday Feb 26th after market close.

Action To Take before earnings:

BUY 1 CALL 152.50 strike with March 2nd expiry

SELL 1 CALL 155 strike with March 2nd expiry

Limit 1.85 debit

35 % return. Risk is $185 per contract. Reward is $65 per contract. Commissions not included.