PANW - Options Database

PANW

PALO ALTO NETWORKS I

$320.59 -4.88%

$322.23 (+0.51%)🌙

as of 07/08 06:53 PM

(7/7 18:52) ◀

Wednesday, July 8, 2026 (6:53pm)

▶ (7/9 18:53)

◀ 7/8 18:53 ▶

Option Volume

Detail

ℹ

Current (07/08) 49,428

Calls: 25,582 (52%)

Puts: 23,846 (48%)

Prior (07/07) 23,041

Calls: 13,219 (57%)

Puts: 9,822 (43%)

Current vs Prior +114.52%

Calls: +93.52% (Calls)

Puts: +142.78% (Puts)

Prior 7-Day Total 334,321

Calls: 177,548 (53%)

Puts: 156,773 (47%)

Prior 7-Day Average 47,760

Calls: 25,364 (53%)

Puts: 22,396 (47%)

Current vs Prior 7-Day Avg +3.49%

Calls: +0.86%

Puts: +6.47%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/08) $74.18M

Calls: $47.18M (64%)

Puts: $27.00M (36%)

Prior (07/07) $48.33M

Calls: $36.36M (75%)

Puts: $11.98M (25%)

Current vs Prior +53.48%

Calls: +29.79%

Puts: +125.40%

Prior 7-Day Total $609.36M

Calls: $494.11M (81%)

Puts: $115.25M (19%)

Prior 7-Day Average $87.05M

Calls: $70.59M (81%)

Puts: $16.46M (19%)

Current vs Prior 7-Day Avg -14.78%

Calls: -33.15%

Puts: +63.98%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/08) 0.93

Prior (07/07) 0.74

Current vs Prior +25.45%

Prior 7-Day Average 0.91

Current vs Prior 7-Day Avg +2.27%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (07/08) 290,647

Calls: 165,113 (57%)

Puts: 125,534 (43%)

Prior (07/07) 260,787

Calls: 145,407 (56%)

Puts: 115,380 (44%)

Current vs Prior +11.45%

Prior 7-Day Total 1,789,150

Calls: 1,050,722 (59%)

Puts: 738,428 (41%)

Prior 7-Day Average 255,592

Calls: 150,103 (59%)

Puts: 105,489 (41%)

Current vs Prior 7-Day Avg +13.71%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 4.37% | 138.22%138.22% | 18.48%

Prior 5.30% | 5.07%5.07% | 18.45%

Current vs Prior -17.49% | +2624.37%+2624.36% | +0.19%

Prior 7-Day Avg 4.91% | 6.38%5.04% | 18.22%

Current vs 7-Day Avg -11.05% | +2067.74%+2644.00% | +1.45%

Prior 7-Day Eod 5.30% | 5.07%-- | --

Current vs 7-Day Eod -17.49% | +2624.37%-- | --

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 33.45% | 18.66%

Calls: 41.71% | 21.78%

Puts: 25.18% | 15.53%

Prior 33.45% | 18.66%

Calls: 41.71% | 21.78%

Puts: 25.18% | 15.53%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 11.23% | 12.02%

Calls: 12.88% | 12.09%

Puts: 9.58% | 11.96%

Current vs 7-Day Avg +197.86% | +55.19%

Liquidity Expensive

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Moderately bullish flow with 64% call dollar volume ($47.18M). Elevated premium activity with dollar volume up 53% vs prior. Unusually high activity with volume up 115% vs prior - elevated interest.

Smart Money BULLISH

Retail Flow NEUTRAL

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current NEUTRAL

Prior BULLISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

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

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Tightest Spreads

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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 68 of results (avg 8.0%, best 3.4%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$300.00	Aug 21	38.10	39.40	$38.75	3.4%	44	0.67	2.9K
$280.00	Aug 21	50.20	52.40	$51.30	4.3%	16	0.78	440
$260.00	Aug 21	65.05	68.50	$66.78	5.2%	8	0.86	--
$290.00	Aug 21	43.25	45.60	$44.43	5.3%	17	0.72	502
$310.00	Aug 21	32.35	34.35	$33.35	6.0%	217	0.61	699

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$330.00	Aug 21	30.35	31.80	$31.08	4.7%	54	0.51	300
$330.00	Jul 31	22.65	23.75	$23.20	4.7%	13	0.55	33
$360.00	Aug 21	50.30	52.85	$51.58	4.9%	4	0.67	--
$350.00	Aug 21	43.15	45.40	$44.28	5.1%	18	0.62	116
$340.00	Aug 21	36.35	38.40	$37.38	5.5%	6	0.57	146

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. 139 found (avg delta 0.74, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$265.00	Jul 10	52.10	59.55	$55.83	13.3%	3	0.99	35
$260.00	Jul 10	57.80	63.20	$60.50	8.9%	1	0.99	36
$280.00	Jul 10	38.05	44.70	$41.38	16.1%	2	0.98	117
$270.00	Jul 10	47.00	53.10	$50.05	12.2%	1	0.98	198
$267.50	Jul 10	49.60	57.05	$53.33	14.0%	4	0.98	3

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$360.00	Jul 10	36.70	43.10	$39.90	16.0%	33	1.00	229
$370.00	Jul 10	46.40	53.05	$49.72	13.4%	1	1.00	--
$350.00	Jul 10	27.25	33.30	$30.28	20.0%	26	0.96	176
$362.50	Jul 10	38.95	43.90	$41.43	11.9%	5	0.96	38
$347.50	Jul 10	23.95	30.90	$27.42	25.3%	44	0.95	89

Most actively traded options today. High liquidity = easy entry/exit. 355 active (total vol 23.3K, top 2.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$380.00	Jul 17	0.46	0.80	$0.63	54.0%	2.1K	0.05	894
$360.00	Jul 10	0.10	0.21	$0.16	68.7%	639	0.02	701
$370.00	Jul 17	0.78	1.21	$1.00	43.0%	549	0.07	689
$355.00	Jul 17	1.95	2.56	$2.26	27.0%	440	0.15	999
$320.00	Jul 24	15.45	16.50	$15.98	6.6%	421	0.53	57

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$325.00	Jul 10	8.20	9.05	$8.63	9.8%	529	0.59	1.2K
$320.00	Jul 10	5.50	6.05	$5.78	9.5%	506	0.47	327
$280.00	Jul 17	1.11	1.77	$1.44	45.8%	485	0.09	1.4K
$290.00	Jul 31	5.50	7.00	$6.25	24.0%	440	0.22	38
$317.50	Jul 10	4.40	5.20	$4.80	16.7%	439	0.41	45

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 84 strikes (avg 39.4%, max 109.9%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$260.00	Jul 10	Aug 21	131.4%	62.6%	109.9%	9	36
$270.00	Jul 10	Aug 21	122.1%	61.5%	98.5%	182	536
$377.50	Jul 10	Jul 17	115.3%	61.9%	86.4%	82	70
$372.50	Jul 10	Jul 24	109.9%	59.1%	86.0%	60	88
$382.50	Jul 10	Jul 17	126.8%	68.6%	84.9%	60	23

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$260.00	Jul 10	Aug 21	131.4%	62.6%	109.9%	216	759
$270.00	Jul 10	Aug 21	122.1%	61.5%	98.5%	56	433
$257.50	Jul 10	Jul 17	154.3%	80.3%	92.1%	53	24
$275.00	Jul 10	Aug 14	115.5%	63.8%	81.0%	28	66
$267.50	Jul 10	Jul 17	131.2%	72.7%	80.4%	146	388

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 229 found (best R:R 32.33, avg 4.20)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$365.00	$370.00	Aug 7	$0.15	$4.85	$0.15	32.33	$365.15
$367.50	$370.00	Jul 17	$0.10	$2.40	$0.10	24.00	$367.60
$347.50	$350.00	Jul 10	$0.11	$2.39	$0.11	21.73	$347.61
$360.00	$362.50	Jul 17	$0.11	$2.39	$0.11	21.73	$360.11
$375.00	$377.50	Jul 17	$0.12	$2.38	$0.12	19.83	$375.12

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$270.00	$260.00	Aug 14	$0.32	$9.68	$0.32	30.25	$269.68
$297.50	$295.00	Jul 10	$0.11	$2.39	$0.11	21.73	$297.39
$290.00	$285.00	Jul 31	$0.22	$4.78	$0.22	21.73	$289.78
$262.50	$260.00	Jul 10	$0.12	$2.38	$0.12	19.83	$262.38
$287.50	$285.00	Jul 10	$0.16	$2.34	$0.16	14.63	$287.34

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 289 found (best R:R 28.85, avg 1.76)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$260.00	$280.00	Jul 17	$19.33	$19.33	$0.67	28.85	$279.33
$270.00	$272.50	Jul 10	$2.40	$2.40	$0.10	24.00	$272.40
$260.00	$265.00	Jul 10	$4.67	$4.67	$0.33	14.15	$264.67
$270.00	$275.00	Jul 24	$4.65	$4.65	$0.35	13.29	$274.65
$300.00	$305.00	Jul 10	$4.63	$4.63	$0.37	12.51	$304.63

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$365.00	$360.00	Jul 17	$4.82	$4.82	$0.18	26.78	$360.18
$370.00	$365.00	Jul 17	$4.75	$4.75	$0.25	19.00	$365.25
$350.00	$347.50	Jul 17	$2.37	$2.37	$0.13	18.23	$347.63
$382.50	$380.00	Jul 17	$2.35	$2.35	$0.15	15.67	$380.15
$335.00	$330.00	Aug 14	$4.32	$4.32	$0.68	6.35	$330.68

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 85 found (avg debit $2.71, cheapest $0.09)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$280.00	Jul 10	Jul 17	$0.09	94.3%	67.1%
$260.00	Jul 10	Jul 17	$0.30	131.4%	78.8%
$377.50	Jul 10	Jul 17	$0.35	115.3%	61.9%
$382.50	Jul 10	Jul 17	$0.44	126.8%	68.6%
$372.50	Jul 10	Jul 17	$0.51	109.9%	61.2%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$257.50	Jul 10	Jul 17	$0.28	154.3%	80.3%
$267.50	Jul 10	Jul 17	$0.48	131.2%	72.7%
$260.00	Jul 10	Jul 17	$0.51	131.4%	78.8%
$270.00	Jul 10	Jul 17	$0.56	122.1%	70.3%
$272.50	Jul 10	Jul 17	$0.56	118.8%	67.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 137 found (cheapest 3.93% of stock, avg 12.08%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$320.00	Jul 10	$6.83	$5.78	$12.61	$307.39	$332.61	3.93%
$322.50	Jul 10	$5.50	$7.18	$12.68	$309.82	$335.18	3.96%
$317.50	Jul 10	$8.25	$4.80	$13.05	$304.45	$330.55	4.07%
$325.00	Jul 10	$4.43	$8.63	$13.06	$311.94	$338.06	4.07%
$315.00	Jul 10	$9.75	$3.90	$13.65	$301.35	$328.65	4.26%
$327.50	Jul 10	$3.60	$10.45	$14.05	$313.45	$341.55	4.38%
$312.50	Jul 10	$11.50	$3.06	$14.56	$297.94	$327.06	4.54%
$330.00	Jul 10	$2.87	$12.20	$15.07	$314.93	$345.07	4.70%
$332.50	Jul 10	$2.23	$13.68	$15.91	$316.59	$348.41	4.96%
$310.00	Jul 10	$13.43	$2.49	$15.92	$294.08	$325.92	4.97%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 1.47% of stock, avg 7.73%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$332.50	$310.00	Jul 10	$2.23	$2.49	$4.72	$305.28	$337.22
$332.50	$312.50	Jul 10	$2.23	$3.06	$5.29	$307.21	$337.79
$330.00	$310.00	Jul 10	$2.87	$2.49	$5.36	$304.64	$335.36
$330.00	$312.50	Jul 10	$2.87	$3.06	$5.93	$306.57	$335.93
$327.50	$310.00	Jul 10	$3.60	$2.49	$6.09	$303.91	$333.59
$332.50	$315.00	Jul 10	$2.23	$3.90	$6.13	$308.87	$338.63
$327.50	$312.50	Jul 10	$3.60	$3.06	$6.66	$305.84	$334.16
$330.00	$315.00	Jul 10	$2.87	$3.90	$6.77	$308.23	$336.77
$325.00	$310.00	Jul 10	$4.43	$2.49	$6.92	$303.08	$331.92
$332.50	$317.50	Jul 10	$2.23	$4.80	$7.03	$310.47	$339.53

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 362 found (best R:R 37.46, avg credit $4.25)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
310/315	320/325	Aug 7	$4.87	$0.13	37.46	$310.13	$324.87
295/300	310/315	Jul 31	$4.82	$0.18	26.78	$295.18	$314.82
295/298	300/302	Jul 17	$2.40	$0.10	24.00	$295.10	$302.40
310/315	325/330	Jul 31	$4.79	$0.21	22.81	$310.21	$329.79
282/285	292/295	Jul 17	$2.39	$0.11	21.73	$282.61	$294.89
290/292	298/300	Jul 17	$2.39	$0.11	21.73	$290.11	$299.89
280/285	295/300	Jul 31	$4.78	$0.22	21.73	$280.22	$299.78
280/285	320/325	Aug 14	$4.78	$0.22	21.73	$280.22	$324.78
290/295	300/305	Jul 31	$4.75	$0.25	19.00	$290.25	$304.75
265/270	275/285	Jul 24	$9.46	$0.54	17.52	$260.54	$284.46

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 167 found (best R:R 165.67, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$310.00	$320.00	$330.00	Aug 21	$0.12	$9.88	82.33
$300.00	$310.00	$320.00	Aug 21	$0.23	$9.77	42.48
$325.00	$327.50	$330.00	Jul 24	$0.06	$2.44	40.67
$337.50	$340.00	$342.50	Jul 24	$0.06	$2.44	40.67
$290.00	$300.00	$310.00	Aug 21	$0.28	$9.72	34.71

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$310.00	$320.00	$330.00	Aug 21	$0.06	$9.94	165.67
$320.00	$322.50	$325.00	Jul 10	$0.05	$2.45	49.00
$342.50	$345.00	$347.50	Jul 17	$0.05	$2.45	49.00
$297.50	$300.00	$302.50	Jul 10	$0.06	$2.44	40.67
$312.50	$315.00	$317.50	Jul 10	$0.06	$2.44	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. 115 found (best net $-4.53, 109 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$280.00	$315.00	1:2	Aug 14	-$4.53	$30.47
$375.00	$380.00	1:2	Jul 24	-$1.23	$3.77
$360.00	$370.00	1:2	Aug 14	-$6.73	$3.27
$375.00	$380.00	1:2	Jul 31	-$2.39	$2.61
$360.00	$370.00	1:2	Aug 21	-$7.50	$2.50

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$310.00	$295.00	1:2	Aug 14	-$6.88	$8.12
$270.00	$260.00	1:2	Aug 21	-$3.66	$6.34
$270.00	$260.00	1:2	Aug 14	-$4.06	$5.94
$280.00	$270.00	1:2	Aug 21	-$5.02	$4.98
$270.00	$265.00	1:2	Jul 24	-$0.91	$4.09

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 95 found (best yield 6.88%, avg 1.99%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$330.00	Aug 21	$22.05	0.49	2.9%	6.88%	9.81%	170	654
$325.00	Aug 7	$18.55	0.50	1.4%	5.79%	7.16%	8	57
$330.00	Aug 14	$18.50	0.48	2.9%	5.77%	8.71%	10	2
$325.00	Aug 14	$18.20	0.51	1.4%	5.68%	7.05%	17	1
$340.00	Aug 21	$18.10	0.43	6.0%	5.65%	11.70%	80	763
$335.00	Aug 14	$16.40	0.45	4.5%	5.12%	9.61%	3	12
$325.00	Jul 31	$16.15	0.49	1.4%	5.04%	6.41%	22	57
$350.00	Aug 21	$15.50	0.38	9.2%	4.83%	14.01%	215	673
$340.00	Aug 14	$14.55	0.41	6.0%	4.54%	10.59%	3	--
$330.00	Jul 31	$14.00	0.45	2.9%	4.37%	7.30%	31	83

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 25,582

Total Puts 23,846

Put/Call Ratio 0.93

Net Difference 1,736

Prior's Put/Call Breakdown

Total Calls 13,219

Total Puts 9,822

Put/Call Ratio 0.74

Net Difference 3,397

Prior 7-Day Put/Call Summary

Total Calls 177,548

Total Puts 156,773

Average Put/Call Ratio 0.91

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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