PANW - Options Database

PANW

PALO ALTO NETWORKS I

$348.06 -1.13%

$346.18 (-0.54%)🌙

as of 07/02 06:50 PM

(7/1 18:51) ◀

Thursday, July 2, 2026 (6:50pm)

▶ (7/6 18:49)

◀ 7/2 18:50 ▶

Option Volume

Detail

ℹ

Current (07/02) 60,665

Calls: 22,604 (37%)

Puts: 38,061 (63%)

Prior (07/01) 51,496

Calls: 28,578 (55%)

Puts: 22,918 (45%)

Current vs Prior +17.81%

Calls: -20.90% (Calls)

Puts: +66.07% (Puts)

Prior 7-Day Total 282,846

Calls: 149,931 (53%)

Puts: 132,915 (47%)

Prior 7-Day Average 40,406

Calls: 21,418 (53%)

Puts: 18,987 (47%)

Current vs Prior 7-Day Avg +50.14%

Calls: +5.53%

Puts: +100.45%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/02) $68.85M

Calls: $52.09M (76%)

Puts: $16.76M (24%)

Prior (07/01) $106.29M

Calls: $89.11M (84%)

Puts: $17.18M (16%)

Current vs Prior -35.22%

Calls: -41.54%

Puts: -2.45%

Prior 7-Day Total $485.82M

Calls: $392.60M (81%)

Puts: $93.23M (19%)

Prior 7-Day Average $69.40M

Calls: $56.09M (81%)

Puts: $13.32M (19%)

Current vs Prior 7-Day Avg -0.79%

Calls: -7.12%

Puts: +25.85%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/02) 1.68

Prior (07/01) 0.80

Current vs Prior +109.97%

Prior 7-Day Average 1.01

Current vs Prior 7-Day Avg +67.16%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/02) 248,834

Calls: 145,092 (58%)

Puts: 103,742 (42%)

Prior (07/01) 272,512

Calls: 156,917 (58%)

Puts: 115,595 (42%)

Current vs Prior -8.69%

Prior 7-Day Total 1,605,606

Calls: 972,516 (59%)

Puts: 683,137 (41%)

Prior 7-Day Average 229,372

Calls: 138,930 (59%)

Puts: 97,591 (41%)

Current vs Prior 7-Day Avg +8.48%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (07/02) | Next (07/10)Expiry (07/17) | Next (08/21)

Current 1.70% | 6.35%9.11% | 18.32%

Prior 3.16% | 7.19%-- | --

Current vs Prior +100.92% | -25.36%-- | --

Prior 7-Day Avg 4.34% | 6.96%-- | --

Current vs 7-Day Avg +46.46% | -22.90%-- | --

Prior 7-Day Eod 3.16% | 7.19%-- | --

Current vs 7-Day Eod +100.92% | -25.36%-- | --

Sentiment BEARISH--

Relative Spread

Detail

ℹ

Expiry | Next

Current 5.10% | 10.04%

Calls: 5.75% | 9.55%

Puts: 4.44% | 10.53%

Prior 5.10% | 10.04%

Calls: 5.75% | 9.55%

Puts: 4.44% | 10.53%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 11.01% | 12.35%

Calls: 12.18% | 12.16%

Puts: 11.80% | 13.32%

Current vs 7-Day Avg -53.68% | -18.73%

Liquidity Pricy

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🤖 AI Insights

Strong bullish conviction with 76% of dollar volume in calls ($52.09M) vs puts ($16.76M). Extreme bearish P/C ratio of 1.68 - heavy put buying. P/C ratio rising 110% - increased hedging/bearish positioning.

Smart Money BULLISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BEARISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

7-Day Avg BEARISH

📈 Options Analysis

🎯 Tightest Spreads

💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

🎯

Tightest Spreads

💰

Best Value <$1

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High Delta

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 43 of results (avg 8.8%, best 5.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$295.00	Jul 2	51.60	54.60	$53.10	5.6%	51	0.92	201
$360.00	Jul 10	5.35	5.75	$5.55	7.2%	572	0.34	203
$325.00	Jul 17	28.00	30.30	$29.15	7.9%	27	0.76	446
$340.00	Jul 17	18.25	19.85	$19.05	8.4%	164	0.61	466
$330.00	Jul 17	24.45	26.60	$25.53	8.4%	89	0.71	757

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$355.00	Jul 17	17.60	18.55	$18.08	5.3%	68	0.56	68
$360.00	Jul 17	20.70	22.00	$21.35	6.1%	89	0.61	132
$350.00	Jul 17	14.85	16.00	$15.43	7.5%	205	0.50	183
$370.00	Jul 31	32.75	35.30	$34.03	7.5%	304	0.63	1
$345.00	Jul 17	12.40	13.40	$12.90	7.8%	27	0.45	26

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. -- found (avg $--, cheapest $--)

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 134 found (avg delta 0.78, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$290.00	Jul 2	55.00	62.20	$58.60	12.3%	28	1.00	279
$300.00	Jul 2	45.35	52.20	$48.78	14.0%	52	1.00	552
$280.00	Jul 10	65.75	72.55	$69.15	9.8%	20	1.00	--
$285.00	Jul 10	60.80	67.60	$64.20	10.6%	22	1.00	--
$280.00	Jul 17	66.00	73.15	$69.58	10.3%	33	1.00	2.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$360.00	Jul 2	7.95	14.70	$11.33	59.6%	5	1.00	26
$370.00	Jul 2	18.00	24.70	$21.35	31.4%	58	1.00	30
$355.00	Jul 2	3.85	9.80	$6.83	87.1%	92	0.99	86
$350.00	Jul 2	0.03	2.57	$1.30	195.4%	374	0.93	133
$415.00	Jul 24	64.45	71.25	$67.85	10.0%	14	0.89	--

Most actively traded options today. High liquidity = easy entry/exit. 311 active (total vol 31.1K, top 8.6K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$385.00	Aug 7	6.50	13.80	$10.15	71.9%	959	0.30	--
$387.50	Jul 10	0.80	1.49	$1.15	60.0%	721	0.09	--
$355.00	Jul 2	0.01	0.15	$0.08	175.0%	707	0.05	297
$360.00	Jul 2	0.01	0.05	$0.03	133.3%	654	0.02	1.0K
$370.00	Jul 2	0.00	0.01	$0.01	100.0%	592	0.00	759

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$340.00	Jul 2	0.00	0.01	$0.01	100.0%	8.6K	0.01	778
$345.00	Jul 2	0.00	0.10	$0.05	200.0%	3.3K	0.06	744
$340.00	Jul 10	6.35	6.90	$6.63	8.3%	1.6K	0.36	30
$325.00	Jul 10	2.44	3.30	$2.87	30.0%	1.1K	0.18	97
$350.00	Jul 2	0.03	2.57	$1.30	195.4%	374	0.93	133

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 57 strikes (avg 1038.1%, max 3225.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$280.00	Jul 2	Jul 31	1800.0%	57.0%	3057.9%	9	187
$297.50	Jul 2	Jul 17	1674.0%	56.0%	2889.3%	32	394
$295.00	Jul 2	Jul 31	1644.0%	55.0%	2889.1%	53	201
$390.00	Jul 2	Aug 7	1216.0%	58.0%	1996.6%	466	1.7K
$317.50	Jul 2	Jul 10	1123.0%	55.0%	1941.8%	3	48

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$282.50	Jul 2	Jul 17	2095.0%	63.0%	3225.4%	4	47
$280.00	Jul 2	Aug 7	1800.0%	59.0%	2950.8%	15	409
$297.50	Jul 2	Jul 17	1674.0%	56.0%	2889.3%	3	47
$295.00	Jul 2	Aug 7	1644.0%	55.0%	2889.1%	20	282
$292.50	Jul 2	Jul 17	1389.0%	57.0%	2336.8%	21	71

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 173 found (best R:R 82.33, avg 4.54)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$400.00	$405.00	Aug 14	$0.15	$4.85	$0.15	32.33	$400.15
$395.00	$397.50	Jul 10	$0.11	$2.39	$0.11	21.73	$395.11
$390.00	$392.50	Jul 10	$0.13	$2.37	$0.13	18.23	$390.13
$387.50	$390.00	Jul 10	$0.16	$2.34	$0.16	14.63	$387.66
$385.00	$387.50	Jul 10	$0.18	$2.32	$0.18	12.89	$385.18

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$290.00	$280.00	Jul 10	$0.12	$9.88	$0.12	82.33	$289.88
$320.00	$317.50	Jul 10	$0.12	$2.38	$0.12	19.83	$319.88
$285.00	$280.00	Jul 24	$0.26	$4.74	$0.26	18.23	$284.74
$315.00	$312.50	Jul 10	$0.14	$2.36	$0.14	16.86	$314.86
$295.00	$292.50	Jul 17	$0.16	$2.34	$0.16	14.62	$294.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 240 found (best R:R 36.04, avg 2.36)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$280.00	$290.00	Jul 17	$9.73	$9.73	$0.27	36.04	$289.73
$307.50	$310.00	Jul 2	$2.40	$2.40	$0.10	24.00	$309.90
$320.00	$322.50	Jul 10	$2.40	$2.40	$0.10	24.00	$322.40
$310.00	$315.00	Jul 17	$4.77	$4.77	$0.23	20.74	$314.77
$337.50	$340.00	Jul 2	$2.38	$2.38	$0.12	19.83	$339.88

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$360.00	$355.00	Jul 2	$4.50	$4.50	$0.50	9.00	$355.50
$400.00	$390.00	Aug 7	$8.83	$8.83	$1.17	7.55	$391.17
$405.00	$395.00	Jul 31	$8.53	$8.53	$1.47	5.80	$396.47
$415.00	$405.00	Aug 7	$8.48	$8.48	$1.52	5.58	$406.52
$380.00	$370.00	Jul 10	$8.43	$8.43	$1.57	5.37	$371.57

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 60 found (avg debit $3.40, cheapest $0.30)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$280.00	Jul 2	Jul 10	$0.30	1800.0%	73.0%
$305.00	Jul 2	Jul 10	$0.42	615.0%	60.0%
$285.00	Jul 2	Jul 10	$0.60	1160.0%	69.0%
$410.00	Jul 2	Jul 10	$0.80	1069.0%	71.0%
$300.00	Jul 2	Jul 10	$0.87	646.0%	55.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$300.00	Jul 2	Jul 10	$0.37	646.0%	55.0%
$290.00	Jul 2	Jul 10	$0.39	781.0%	67.0%
$292.50	Jul 2	Jul 17	$0.47	1389.0%	57.0%
$285.00	Jul 2	Jul 17	$0.64	1160.0%	59.0%
$305.00	Jul 2	Jul 10	$0.89	615.0%	60.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 115 found (cheapest 0.41% of stock, avg 11.97%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$350.00	Jul 2	$0.13	$1.30	$1.43	$348.57	$351.43	0.41%
$345.00	Jul 2	$4.63	$0.05	$4.68	$340.32	$349.68	1.34%
$355.00	Jul 2	$0.08	$6.83	$6.91	$348.09	$361.91	1.99%
$340.00	Jul 2	$8.57	$0.01	$8.58	$331.42	$348.58	2.47%
$360.00	Jul 2	$0.03	$11.33	$11.36	$348.64	$371.36	3.26%
$337.50	Jul 2	$10.95	$0.97	$11.92	$325.58	$349.42	3.42%
$335.00	Jul 2	$13.53	$0.01	$13.54	$321.46	$348.54	3.89%
$330.00	Jul 2	$17.50	$0.01	$17.51	$312.49	$347.51	5.03%
$350.00	Jul 10	$9.48	$11.28	$20.76	$329.24	$370.76	5.96%
$345.00	Jul 10	$12.00	$8.90	$20.90	$324.10	$365.90	6.00%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 155 found (cheapest 0.32% of stock, avg 6.62%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$350.00	$337.50	Jul 2	$0.13	$0.97	$1.10	$336.40	$351.10
$350.00	$295.00	Jul 2	$0.13	$1.68	$1.81	$293.19	$351.81
$350.00	$317.50	Jul 2	$0.13	$1.98	$2.11	$315.39	$352.11
$350.00	$297.50	Jul 2	$0.13	$2.08	$2.21	$295.29	$352.21
$350.00	$282.50	Jul 2	$0.13	$2.15	$2.28	$280.22	$352.28
$390.00	$337.50	Jul 2	$1.78	$0.97	$2.75	$334.75	$392.75
$390.00	$295.00	Jul 2	$1.78	$1.68	$3.46	$291.54	$393.46
$390.00	$317.50	Jul 2	$1.78	$1.98	$3.76	$313.74	$393.76
$390.00	$297.50	Jul 2	$1.78	$2.08	$3.86	$293.64	$393.86
$390.00	$282.50	Jul 2	$1.78	$2.15	$3.93	$278.57	$393.93

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 185 found (best R:R 44.45, avg credit $5.11)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
280/285	295/300	Jul 31	$4.89	$0.11	44.45	$280.11	$299.89
280/285	290/300	Jul 24	$9.76	$0.24	40.67	$275.24	$299.76
290/295	305/310	Jul 31	$4.86	$0.14	34.71	$290.14	$309.86
320/325	345/350	Aug 7	$4.85	$0.15	32.33	$320.15	$349.85
308/310	318/320	Jul 10	$2.39	$0.11	21.73	$307.61	$319.89
280/282	298/300	Jul 17	$2.39	$0.11	21.73	$280.11	$299.89
315/320	325/330	Jul 31	$4.77	$0.23	20.74	$315.23	$329.77
310/312	318/320	Jul 10	$2.38	$0.12	19.83	$310.12	$319.88
280/285	305/310	Jul 31	$4.76	$0.24	19.83	$280.24	$309.76
310/315	325/330	Jul 31	$4.75	$0.25	19.00	$310.25	$329.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 122 found (best R:R 141.86, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$360.00	$370.00	$380.00	Jul 2	$0.07	$9.93	141.86
$355.00	$360.00	$365.00	Jul 24	$0.05	$4.95	99.00
$335.00	$340.00	$345.00	Jul 17	$0.07	$4.93	70.43
$405.00	$410.00	$415.00	Aug 14	$0.09	$4.91	54.56
$290.00	$295.00	$300.00	Jul 31	$0.10	$4.90	49.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$300.00	$305.00	$310.00	Jul 17	$0.06	$4.94	82.33
$330.00	$335.00	$340.00	Jul 31	$0.09	$4.91	54.56
$345.00	$350.00	$355.00	Jul 24	$0.11	$4.89	44.45
$305.00	$310.00	$315.00	Jul 17	$0.12	$4.88	40.67
$345.00	$350.00	$355.00	Jul 17	$0.12	$4.88	40.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 113 found (best net $-11.75, 91 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$310.00	$340.00	1:2	Aug 14	-$11.75	$18.25
$380.00	$400.00	1:2	Aug 14	-$3.07	$16.93
$375.00	$390.00	1:2	Jul 24	-$1.93	$13.07
$360.00	$380.00	1:2	Aug 14	-$7.33	$12.67
$370.00	$385.00	1:2	Aug 7	-$4.70	$10.30

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$380.00	$360.00	1:2	Jul 17	-$6.87	$13.13
$305.00	$290.00	1:2	Aug 14	-$3.42	$11.58
$290.00	$280.00	1:2	Jul 10	-$0.16	$9.84
$295.00	$285.00	1:2	Jul 24	-$0.76	$9.24
$370.00	$360.00	1:2	Jul 2	-$1.31	$8.69

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 68 found (best yield 6.52%, avg 1.97%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$350.00	Aug 14	$22.70	0.53	0.6%	6.52%	7.08%	7	--
$350.00	Aug 7	$19.30	0.52	0.6%	5.55%	6.10%	10	--
$350.00	Jul 31	$18.70	0.51	0.6%	5.37%	5.93%	33	39
$355.00	Aug 7	$18.20	0.48	2.0%	5.23%	7.22%	3	--
$360.00	Aug 14	$17.45	0.47	3.4%	5.01%	8.44%	1	--
$360.00	Aug 7	$16.85	0.46	3.4%	4.84%	8.27%	5	--
$355.00	Jul 31	$16.45	0.47	2.0%	4.73%	6.72%	9	41
$350.00	Jul 24	$15.85	0.50	0.6%	4.55%	5.11%	156	98
$360.00	Jul 31	$14.60	0.44	3.4%	4.19%	7.63%	13	172
$355.00	Jul 24	$13.60	0.46	2.0%	3.91%	5.90%	18	15

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Current Put/Call Breakdown

Total Calls 22,604

Total Puts 38,061

Put/Call Ratio 1.68

Net Difference -15,457

Prior's Put/Call Breakdown

Total Calls 28,578

Total Puts 22,918

Put/Call Ratio 0.80

Net Difference 5,660

Prior 7-Day Put/Call Summary

Total Calls 149,931

Total Puts 132,915

Average Put/Call Ratio 1.01

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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