PANW - Options Database

PANW

PALO ALTO NETWORKS I

$337.04 -5.73%

$333.50 (-1.05%)🌙

as of 07/07 06:52 PM

(7/7 10:00) ◀

Tuesday, July 7, 2026 (6:52pm)

▶ (7/8 18:53)

◀ 7/7 18:52 ▶

Option Volume

Detail

ℹ

Current (07/07) 23,041

Calls: 13,219 (57%)

Puts: 9,822 (43%)

Prior (07/06) 50,808

Calls: 30,827 (61%)

Puts: 19,981 (39%)

Current vs Prior -54.65%

Calls: -57.12% (Calls)

Puts: -50.84% (Puts)

Prior 7-Day Total 334,459

Calls: 172,605 (52%)

Puts: 161,854 (48%)

Prior 7-Day Average 47,779

Calls: 24,657 (52%)

Puts: 23,122 (48%)

Current vs Prior 7-Day Avg -51.78%

Calls: -46.39%

Puts: -57.52%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/07) $48.33M

Calls: $36.36M (75%)

Puts: $11.98M (25%)

Prior (07/06) $103.16M

Calls: $81.11M (79%)

Puts: $22.05M (21%)

Current vs Prior -53.15%

Calls: -55.18%

Puts: -45.68%

Prior 7-Day Total $583.51M

Calls: $472.74M (81%)

Puts: $110.77M (19%)

Prior 7-Day Average $83.36M

Calls: $67.53M (81%)

Puts: $15.82M (19%)

Current vs Prior 7-Day Avg -42.02%

Calls: -46.17%

Puts: -24.30%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/07) 0.74

Prior (07/06) 0.65

Current vs Prior +14.63%

Prior 7-Day Average 1.06

Current vs Prior 7-Day Avg -30.07%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/07) 260,787

Calls: 145,407 (56%)

Puts: 115,380 (44%)

Prior (07/06) 251,448

Calls: 142,153 (57%)

Puts: 109,295 (43%)

Current vs Prior +3.71%

Prior 7-Day Total 1,710,527

Calls: 1,004,883 (59%)

Puts: 705,644 (41%)

Prior 7-Day Average 244,361

Calls: 143,554 (59%)

Puts: 100,806 (41%)

Current vs Prior 7-Day Avg +6.72%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 5.30% | 5.07%5.07% | 18.45%

Prior 5.48% | 5.00%5.00% | 17.99%

Current vs Prior -3.29% | +1.45%+1.45% | +2.53%

Prior 7-Day Avg 4.68% | 6.51%5.00% | 17.99%

Current vs 7-Day Avg +13.05% | -22.02%+1.45% | +2.53%

Prior 7-Day Eod 5.48% | 5.00%-- | --

Current vs 7-Day Eod -3.29% | +1.45%-- | --

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 33.45% | 18.66%

Calls: 41.71% | 21.78%

Puts: 25.18% | 15.53%

Prior 5.10% | 10.04%

Calls: 5.75% | 9.55%

Puts: 4.44% | 10.53%

Current vs Prior +555.88% | +85.86%

Prior 7-Day Avg 9.44% | 11.74%

Calls: 9.96% | 11.19%

Puts: 8.91% | 12.28%

Current vs 7-Day Avg +254.45% | +59.00%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 75% of dollar volume in calls ($36.36M) vs puts ($11.98M). Light premium activity with dollar volume down 53% vs prior. Below-average activity with volume down 55% vs prior.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

📈 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

📊

High Delta

⚖️

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 38 of results (avg 7.8%, best 4.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$330.00	Jul 24	20.15	21.65	$20.90	7.2%	3	0.59	74
$270.00	Jul 17	66.35	71.30	$68.82	7.2%	21	0.93	1.3K
$270.00	Aug 14	70.05	75.80	$72.93	7.9%	2	0.89	--
$330.00	Aug 21	31.25	33.90	$32.58	8.1%	47	0.58	677
$320.00	Jul 17	22.85	24.85	$23.85	8.4%	72	0.71	2.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$320.00	Aug 21	19.20	20.00	$19.60	4.1%	66	0.36	108
$370.00	Aug 21	47.05	49.30	$48.18	4.7%	42	0.62	44
$345.00	Jul 31	23.70	24.85	$24.28	4.7%	7	0.53	126
$345.00	Jul 24	20.50	21.65	$21.08	5.5%	4	0.55	23
$350.00	Jul 31	26.65	28.15	$27.40	5.5%	16	0.56	46

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. 116 found (avg delta 0.71, highest 0.97)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$280.00	Jul 10	55.15	61.40	$58.28	10.7%	3	0.97	118
$295.00	Jul 10	41.05	46.40	$43.72	12.2%	2	0.95	--
$300.00	Jul 10	36.20	41.45	$38.83	13.5%	10	0.95	179
$285.00	Jul 10	50.80	56.20	$53.50	10.1%	5	0.95	42
$297.50	Jul 10	38.15	42.50	$40.33	10.8%	1	0.95	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$380.00	Jul 10	39.35	45.80	$42.58	15.1%	4	0.94	--
$390.00	Jul 10	49.20	54.85	$52.03	10.9%	1	0.94	--
$365.00	Jul 10	25.80	30.30	$28.05	16.0%	1	0.88	8
$362.50	Jul 10	22.80	28.80	$25.80	23.3%	11	0.86	--
$380.00	Jul 17	40.75	46.10	$43.43	12.3%	1	0.86	--

Most actively traded options today. High liquidity = easy entry/exit. 308 active (total vol 12.4K, top 693)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$355.00	Jul 17	6.40	7.70	$7.05	18.4%	693	0.33	500
$360.00	Jul 10	1.40	2.06	$1.73	38.2%	595	0.16	670
$370.00	Aug 21	15.15	18.75	$16.95	21.2%	541	0.37	729
$350.00	Jul 10	3.05	4.15	$3.60	30.6%	256	0.28	268
$347.50	Jul 10	3.40	4.95	$4.18	37.1%	244	0.32	148

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$340.00	Jul 10	8.90	11.00	$9.95	21.1%	370	0.54	1.1K
$300.00	Jul 17	2.13	2.86	$2.50	29.2%	272	0.13	340
$325.00	Jul 17	7.70	8.60	$8.15	11.0%	272	0.34	234
$345.00	Jul 17	17.15	19.25	$18.20	11.5%	240	0.57	57
$325.00	Jul 10	3.30	4.25	$3.78	25.1%	233	0.27	1.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 60 strikes (avg 27.8%, max 99.8%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$280.00	Jul 10	Aug 21	110.0%	61.9%	77.7%	18	564
$285.00	Jul 10	Jul 17	117.4%	68.0%	72.6%	6	60
$395.00	Jul 10	Aug 7	92.3%	60.4%	52.7%	9	34
$385.00	Jul 10	Aug 14	89.0%	60.5%	47.1%	22	451
$400.00	Jul 10	Aug 21	91.5%	62.6%	46.2%	192	890

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$285.00	Jul 10	Aug 14	117.4%	58.8%	99.8%	7	108
$280.00	Jul 10	Aug 21	110.0%	61.9%	77.7%	35	2.1K
$295.00	Jul 10	Aug 7	90.1%	57.9%	55.5%	102	75
$290.00	Jul 10	Aug 21	90.0%	61.0%	47.5%	40	362
$390.00	Jul 10	Aug 21	90.4%	62.9%	43.6%	3	5

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 216 found (best R:R 25.32, avg 4.06)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$390.00	$400.00	Jul 17	$0.39	$9.61	$0.39	24.64	$390.39
$385.00	$387.50	Jul 10	$0.10	$2.40	$0.10	24.00	$385.10
$390.00	$392.50	Jul 10	$0.12	$2.38	$0.12	19.83	$390.12
$370.00	$375.00	Aug 7	$0.25	$4.75	$0.25	19.00	$370.25
$377.50	$380.00	Jul 10	$0.15	$2.35	$0.15	15.67	$377.65

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$280.00	$275.00	Jul 24	$0.19	$4.81	$0.19	25.32	$279.81
$295.00	$290.00	Jul 10	$0.22	$4.78	$0.22	21.73	$294.78
$287.50	$285.00	Jul 17	$0.15	$2.35	$0.15	15.67	$287.35
$305.00	$300.00	Jul 31	$0.30	$4.70	$0.30	15.67	$304.70
$310.00	$307.50	Jul 10	$0.16	$2.34	$0.16	14.62	$309.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 268 found (best R:R 49.00, avg 2.08)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$280.00	$285.00	Jul 17	$4.90	$4.90	$0.10	49.00	$284.90
$310.00	$315.00	Jul 17	$4.90	$4.90	$0.10	49.00	$314.90
$280.00	$285.00	Jul 10	$4.78	$4.78	$0.22	21.73	$284.78
$285.00	$290.00	Jul 17	$4.75	$4.75	$0.25	19.00	$289.75
$270.00	$280.00	Jul 17	$9.34	$9.34	$0.66	14.15	$279.34

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$380.00	$365.00	Jul 10	$14.53	$14.53	$0.47	30.91	$365.47
$360.00	$355.00	Aug 7	$4.78	$4.78	$0.22	21.73	$355.22
$390.00	$380.00	Jul 10	$9.45	$9.45	$0.55	17.18	$380.55
$355.00	$352.50	Jul 10	$2.30	$2.30	$0.20	11.50	$352.70
$362.50	$360.00	Jul 10	$2.25	$2.25	$0.25	9.00	$360.25

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 60 found (avg debit $4.02, cheapest $0.27)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$295.00	Jul 10	Jul 17	$0.78	90.1%	65.9%
$400.00	Jul 10	Jul 17	$0.93	91.5%	68.1%
$285.00	Jul 10	Jul 17	$1.08	117.4%	68.0%
$390.00	Jul 10	Jul 17	$1.10	90.4%	64.8%
$280.00	Jul 10	Jul 17	$1.20	110.0%	74.2%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$285.00	Jul 10	Jul 17	$0.27	117.4%	68.0%
$280.00	Jul 10	Jul 17	$0.71	110.0%	74.2%
$275.00	Jul 17	Jul 24	$0.72	73.3%	65.6%
$380.00	Jul 10	Jul 17	$0.85	76.1%	64.2%
$290.00	Jul 10	Jul 17	$1.05	90.0%	66.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 110 found (cheapest 4.93% of stock, avg 12.64%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$337.50	Jul 10	$8.18	$8.45	$16.63	$320.87	$354.13	4.93%
$335.00	Jul 10	$9.40	$7.32	$16.72	$318.28	$351.72	4.96%
$340.00	Jul 10	$6.93	$9.95	$16.88	$323.12	$356.88	5.01%
$332.50	Jul 10	$10.80	$6.20	$17.00	$315.50	$349.50	5.04%
$342.50	Jul 10	$5.90	$11.33	$17.23	$325.27	$359.73	5.11%
$330.00	Jul 10	$12.18	$5.28	$17.46	$312.54	$347.46	5.18%
$345.00	Jul 10	$5.03	$12.75	$17.78	$327.22	$362.78	5.28%
$327.50	Jul 10	$14.27	$4.38	$18.65	$308.85	$346.15	5.53%
$347.50	Jul 10	$4.18	$14.70	$18.88	$328.62	$366.38	5.60%
$325.00	Jul 10	$16.05	$3.78	$19.83	$305.17	$344.83	5.88%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 2.37% of stock, avg 8.23%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$350.00	$327.50	Jul 10	$3.60	$4.38	$7.98	$319.52	$357.98
$347.50	$327.50	Jul 10	$4.18	$4.38	$8.56	$318.94	$356.06
$350.00	$330.00	Jul 10	$3.60	$5.28	$8.88	$321.12	$358.88
$345.00	$327.50	Jul 10	$5.03	$4.38	$9.41	$318.09	$354.41
$347.50	$330.00	Jul 10	$4.18	$5.28	$9.46	$320.54	$356.96
$350.00	$332.50	Jul 10	$3.60	$6.20	$9.80	$322.70	$359.80
$342.50	$327.50	Jul 10	$5.90	$4.38	$10.28	$317.22	$352.78
$345.00	$330.00	Jul 10	$5.03	$5.28	$10.31	$319.69	$355.31
$347.50	$332.50	Jul 10	$4.18	$6.20	$10.38	$322.12	$357.88
$360.00	$315.00	Jul 17	$5.58	$5.03	$10.61	$304.39	$370.61

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 371 found (best R:R 49.00, avg credit $4.63)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
310/315	365/370	Aug 7	$4.90	$0.10	49.00	$310.10	$369.90
280/285	288/295	Jul 10	$7.34	$0.16	45.87	$277.66	$294.84
270/280	290/300	Aug 21	$9.77	$0.23	42.48	$270.23	$299.77
310/315	320/325	Jul 31	$4.88	$0.12	40.67	$310.12	$324.88
335/340	345/350	Aug 14	$4.87	$0.13	37.46	$335.13	$349.87
320/325	335/340	Jul 24	$4.85	$0.15	32.33	$320.15	$339.85
315/320	335/340	Jul 31	$4.82	$0.18	26.78	$315.18	$339.82
280/285	302/308	Jul 10	$4.79	$0.21	22.81	$280.21	$307.29
298/300	305/310	Jul 17	$4.79	$0.21	22.81	$295.21	$309.79
280/285	295/300	Jul 24	$4.79	$0.21	22.81	$280.21	$299.79

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 136 found (best R:R 124.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$340.00	$350.00	$360.00	Aug 21	$0.08	$9.92	124.00
$390.00	$395.00	$400.00	Aug 7	$0.05	$4.95	99.00
$360.00	$370.00	$380.00	Aug 21	$0.13	$9.87	75.92
$340.00	$345.00	$350.00	Jul 31	$0.07	$4.93	70.43
$375.00	$380.00	$385.00	Jul 31	$0.10	$4.90	49.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$360.00	$370.00	$380.00	Jul 17	$0.11	$9.89	89.91
$275.00	$280.00	$285.00	Jul 31	$0.07	$4.93	70.43
$320.00	$330.00	$340.00	Aug 21	$0.14	$9.86	70.43
$335.00	$340.00	$345.00	Jul 17	$0.08	$4.92	61.50
$290.00	$295.00	$300.00	Jul 31	$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. 98 found (best net $-11.99, 96 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$280.00	$315.00	1:2	Aug 14	-$11.99	$23.01
$380.00	$390.00	1:2	Jul 17	-$0.62	$9.38
$390.00	$400.00	1:2	Jul 17	-$0.74	$9.26
$370.00	$380.00	1:2	Jul 17	-$1.16	$8.84
$390.00	$400.00	1:2	Jul 24	-$1.41	$8.59

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$300.00	$285.00	1:2	Aug 14	-$4.14	$10.86
$280.00	$270.00	1:2	Aug 7	-$0.86	$9.14
$280.00	$270.00	1:2	Aug 21	-$3.47	$6.53
$285.00	$275.00	1:2	Aug 14	-$3.59	$6.41
$295.00	$290.00	1:2	Jul 10	-$0.08	$4.92

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 84 found (best yield 7.80%, avg 2.35%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$340.00	Aug 21	$26.30	0.53	0.9%	7.80%	8.68%	76	753
$350.00	Aug 21	$22.70	0.47	3.9%	6.74%	10.58%	213	570
$340.00	Aug 14	$20.60	0.53	0.9%	6.11%	6.99%	3	--
$345.00	Aug 14	$18.85	0.50	2.4%	5.59%	7.95%	1	--
$360.00	Aug 21	$18.25	0.42	6.8%	5.41%	12.23%	153	345
$340.00	Jul 31	$17.65	0.51	0.9%	5.24%	6.12%	90	124
$350.00	Aug 14	$16.90	0.47	3.9%	5.01%	8.86%	4	7
$345.00	Jul 31	$15.80	0.47	2.4%	4.69%	7.05%	3	11
$350.00	Aug 7	$15.30	0.46	3.9%	4.54%	8.38%	9	57
$370.00	Aug 21	$15.15	0.37	9.8%	4.50%	14.27%	541	729

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 13,219

Total Puts 9,822

Put/Call Ratio 0.74

Net Difference 3,397

Prior's Put/Call Breakdown

Total Calls 30,827

Total Puts 19,981

Put/Call Ratio 0.65

Net Difference 10,846

Prior 7-Day Put/Call Summary

Total Calls 172,605

Total Puts 161,854

Average Put/Call Ratio 1.06

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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