PANW - Options Database

PANW

PALO ALTO NETWORKS I

$354.02 +0.32%

$355.24 (+0.34%)🌙

as of 07/15 06:58 PM

(7/14 19:17) ◀

Wednesday, July 15, 2026 (6:58pm)

▶ (7/16 18:51)

◀ 7/15 18:58 ▶

Option Volume

Detail

ℹ

Current (07/15) 38,583

Calls: 18,905 (49%)

Puts: 19,678 (51%)

Prior (07/14) 46,833

Calls: 26,405 (56%)

Puts: 20,428 (44%)

Current vs Prior -17.62%

Calls: -28.40% (Calls)

Puts: -3.67% (Puts)

Prior 7-Day Total 254,370

Calls: 143,417 (56%)

Puts: 110,953 (44%)

Prior 7-Day Average 36,338

Calls: 20,488 (56%)

Puts: 15,850 (44%)

Current vs Prior 7-Day Avg +6.18%

Calls: -7.73%

Puts: +24.15%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/15) $54.15M

Calls: $37.95M (70%)

Puts: $16.20M (30%)

Prior (07/14) $69.78M

Calls: $53.69M (77%)

Puts: $16.09M (23%)

Current vs Prior -22.40%

Calls: -29.32%

Puts: +0.70%

Prior 7-Day Total $426.52M

Calls: $308.60M (72%)

Puts: $117.92M (28%)

Prior 7-Day Average $60.93M

Calls: $44.09M (72%)

Puts: $16.85M (28%)

Current vs Prior 7-Day Avg -11.13%

Calls: -13.92%

Puts: -3.83%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/15) 1.04

Prior (07/14) 0.77

Current vs Prior +34.54%

Prior 7-Day Average 0.78

Current vs Prior 7-Day Avg +33.77%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/15) 252,515

Calls: 138,854 (55%)

Puts: 113,661 (45%)

Prior (07/14) 254,241

Calls: 152,374 (60%)

Puts: 101,867 (40%)

Current vs Prior -0.68%

Prior 7-Day Total 1,755,437

Calls: 1,004,052 (57%)

Puts: 751,385 (43%)

Prior 7-Day Average 250,776

Calls: 143,436 (57%)

Puts: 107,340 (43%)

Current vs Prior 7-Day Avg +0.69%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)

Current 4.16% | 7.65%4.16% | 17.25%

Prior 5.17% | 8.08%5.17% | 17.97%

Current vs Prior -19.57% | -5.32%-19.57% | -4.01%

Prior 7-Day Avg 5.00% | 25.39%24.20% | 18.01%

Current vs 7-Day Avg -16.83% | -69.89%-82.83% | -4.19%

Prior 7-Day Eod 5.17% | 8.08%5.17% | 17.97%

Current vs 7-Day Eod -19.57% | -5.32%-19.57% | -4.01%

Sentiment BULLISHBULLISH

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 29.40% | 17.43%

Calls: 36.57% | 20.03%

Puts: 22.22% | 14.82%

Current vs 7-Day Avg +13.78% | +7.07%

Liquidity Expensive

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Moderately bullish flow with 70% call dollar volume ($37.95M). Slightly bearish P/C ratio of 1.04. P/C ratio rising 35% - increased hedging/bearish positioning.

Smart Money BULLISH

Retail Flow NEUTRAL

Overall MIXED

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 NEUTRAL

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

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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 50 of results (avg 8.2%, best 5.4%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$350.00	Jul 31	19.00	20.20	$19.60	6.1%	5	0.57	116
$350.00	Jul 24	14.10	15.05	$14.58	6.5%	58	0.57	432
$300.00	Jul 17	52.85	56.60	$54.73	6.9%	20	1.00	924
$335.00	Aug 7	31.20	33.50	$32.35	7.1%	1	0.67	31
$320.00	Aug 21	47.05	50.60	$48.83	7.3%	10	0.73	979

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$375.00	Aug 14	34.50	36.40	$35.45	5.4%	1	0.60	--
$365.00	Aug 14	28.55	30.35	$29.45	6.1%	1	0.54	--
$360.00	Aug 21	29.25	31.20	$30.23	6.5%	23	0.49	139
$360.00	Jul 31	19.50	20.80	$20.15	6.5%	24	0.53	110
$350.00	Aug 21	24.05	25.80	$24.93	7.0%	22	0.43	151

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. 108 found (avg delta 0.73, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$300.00	Jul 17	52.85	56.60	$54.73	6.9%	20	1.00	924
$310.00	Jul 17	42.60	47.45	$45.03	10.8%	26	0.99	1.1K
$305.00	Jul 17	47.65	52.65	$50.15	10.0%	1	0.99	110
$295.00	Jul 17	57.40	62.70	$60.05	8.8%	1	0.99	--
$290.00	Jul 17	62.45	67.65	$65.05	8.0%	13	0.98	1.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$400.00	Jul 17	42.40	47.70	$45.05	11.8%	13	1.00	--
$380.00	Jul 17	22.90	28.20	$25.55	20.7%	1	0.92	5
$422.50	Jul 24	65.15	70.50	$67.83	7.9%	10	0.92	--
$417.50	Jul 24	60.25	65.65	$62.95	8.6%	20	0.92	--
$377.50	Jul 17	20.60	25.85	$23.23	22.6%	1	0.91	5

Most actively traded options today. High liquidity = easy entry/exit. 322 active (total vol 19.0K, top 2.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$365.00	Jul 17	2.49	2.86	$2.68	13.8%	2.0K	0.27	158
$380.00	Jul 17	0.45	0.94	$0.70	70.0%	1.6K	0.09	3.7K
$370.00	Jul 17	1.42	1.95	$1.69	31.4%	1.0K	0.19	1.5K
$360.00	Jul 17	3.70	4.90	$4.30	27.9%	437	0.38	1.3K
$350.00	Jul 17	8.55	10.00	$9.28	15.6%	350	0.61	1.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$350.00	Jul 17	4.75	5.45	$5.10	13.7%	929	0.39	277
$337.50	Jul 17	1.10	1.79	$1.45	47.6%	714	0.15	688
$300.00	Jul 24	0.46	0.60	$0.53	26.4%	656	0.04	1.1K
$340.00	Aug 21	18.60	21.95	$20.27	16.5%	408	0.38	171
$297.50	Jul 17	0.02	0.09	$0.06	116.7%	304	0.01	358

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 74 strikes (avg 29.3%, max 125.0%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$290.00	Jul 17	Aug 21	142.3%	63.2%	125.0%	17	2.1K
$307.50	Jul 17	Jul 24	104.5%	62.0%	68.5%	7	--
$405.00	Jul 17	Aug 14	98.8%	59.1%	67.0%	253	109
$410.00	Jul 17	Aug 21	96.8%	62.6%	54.6%	110	1.5K
$412.50	Jul 17	Jul 24	90.7%	60.8%	49.1%	101	96

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$290.00	Jul 17	Aug 28	142.3%	64.6%	120.5%	154	466
$287.50	Jul 17	Jul 24	155.5%	72.5%	114.6%	18	78
$285.00	Jul 17	Aug 28	124.7%	64.6%	93.0%	55	245
$295.00	Jul 17	Aug 14	117.2%	61.2%	91.5%	207	301
$292.50	Jul 17	Jul 24	147.2%	84.0%	75.1%	108	90

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 222 found (best R:R 30.25, avg 4.22)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$410.00	$412.50	Jul 17	$0.10	$2.40	$0.10	24.00	$410.10
$405.00	$410.00	Jul 24	$0.23	$4.77	$0.23	20.74	$405.23
$400.00	$402.50	Jul 24	$0.12	$2.38	$0.12	19.83	$400.12
$400.00	$405.00	Aug 7	$0.25	$4.75	$0.25	19.00	$400.25
$395.00	$397.50	Jul 24	$0.14	$2.36	$0.14	16.86	$395.14

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$290.00	$285.00	Jul 31	$0.16	$4.84	$0.16	30.25	$289.84
$302.50	$300.00	Jul 17	$0.12	$2.38	$0.12	19.83	$302.38
$330.00	$327.50	Jul 17	$0.14	$2.36	$0.14	16.86	$329.86
$310.00	$307.50	Jul 24	$0.14	$2.36	$0.14	16.86	$309.86
$290.00	$287.50	Jul 24	$0.15	$2.35	$0.15	15.67	$289.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 269 found (best R:R 40.67, avg 1.68)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$285.00	$307.50	Jul 24	$21.73	$21.73	$0.77	28.22	$306.73
$307.50	$312.50	Jul 24	$4.67	$4.67	$0.33	14.15	$312.17
$290.00	$300.00	Jul 31	$9.28	$9.28	$0.72	12.89	$299.28
$300.00	$305.00	Jul 17	$4.58	$4.58	$0.42	10.90	$304.58
$320.00	$322.50	Jul 17	$2.27	$2.27	$0.23	9.87	$322.27

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$422.50	$417.50	Jul 24	$4.88	$4.88	$0.12	40.67	$417.62
$400.00	$380.00	Jul 17	$19.50	$19.50	$0.50	39.00	$380.50
$380.00	$377.50	Jul 17	$2.32	$2.32	$0.18	12.89	$377.68
$417.50	$380.00	Jul 24	$33.60	$33.60	$3.90	8.62	$383.90
$377.50	$370.00	Jul 17	$6.35	$6.35	$1.15	5.52	$371.15

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 76 found (avg debit $3.71, cheapest $0.28)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$410.00	Jul 17	Jul 24	$0.72	96.8%	59.8%
$412.50	Jul 17	Jul 24	$0.76	90.7%	60.8%
$405.00	Jul 17	Jul 24	$0.81	98.8%	58.9%
$420.00	Jul 17	Jul 24	$0.90	88.1%	67.7%
$307.50	Jul 17	Jul 24	$1.12	104.5%	62.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$290.00	Jul 17	Jul 24	$0.28	142.3%	73.6%
$285.00	Jul 17	Jul 24	$0.41	124.7%	75.9%
$295.00	Jul 17	Jul 24	$0.49	117.2%	68.9%
$300.00	Jul 17	Jul 24	$0.49	91.1%	61.5%
$297.50	Jul 17	Jul 24	$0.55	98.7%	65.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 96 found (cheapest 3.80% of stock, avg 11.19%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$355.00	Jul 17	$6.48	$6.98	$13.46	$341.54	$368.46	3.80%
$352.50	Jul 17	$7.73	$5.95	$13.68	$338.82	$366.18	3.86%
$357.50	Jul 17	$5.38	$8.63	$14.01	$343.49	$371.51	3.96%
$360.00	Jul 17	$4.30	$9.88	$14.18	$345.82	$374.18	4.01%
$350.00	Jul 17	$9.28	$5.10	$14.38	$335.62	$364.38	4.06%
$347.50	Jul 17	$10.88	$3.75	$14.63	$332.87	$362.13	4.13%
$362.50	Jul 17	$3.60	$11.88	$15.48	$347.02	$377.98	4.37%
$345.00	Jul 17	$12.52	$3.08	$15.60	$329.40	$360.60	4.41%
$365.00	Jul 17	$2.68	$13.58	$16.26	$348.74	$381.26	4.59%
$342.50	Jul 17	$14.40	$2.33	$16.73	$325.77	$359.23	4.73%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 1.42% of stock, avg 7.93%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$365.00	$342.50	Jul 17	$2.68	$2.33	$5.01	$337.49	$370.01
$365.00	$345.00	Jul 17	$2.68	$3.08	$5.76	$339.24	$370.76
$362.50	$342.50	Jul 17	$3.60	$2.33	$5.93	$336.57	$368.43
$365.00	$347.50	Jul 17	$2.68	$3.75	$6.43	$341.07	$371.43
$360.00	$342.50	Jul 17	$4.30	$2.33	$6.63	$335.87	$366.63
$362.50	$345.00	Jul 17	$3.60	$3.08	$6.68	$338.32	$369.18
$360.00	$345.00	Jul 17	$4.30	$3.08	$7.38	$337.62	$367.38
$362.50	$347.50	Jul 17	$3.60	$3.75	$7.35	$340.15	$369.85
$357.50	$342.50	Jul 17	$5.38	$2.33	$7.71	$334.79	$365.21
$365.00	$350.00	Jul 17	$2.68	$5.10	$7.78	$342.22	$372.78

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 394 found (best R:R 57.82, avg credit $4.20)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
310/320	330/340	Aug 21	$9.83	$0.17	57.82	$310.17	$339.83
300/302	320/325	Jul 31	$4.89	$0.11	44.45	$297.61	$324.89
325/330	350/355	Aug 14	$4.86	$0.14	34.71	$325.14	$354.86
288/290	308/312	Jul 24	$4.82	$0.18	26.78	$285.18	$312.32
325/330	335/340	Jul 31	$4.82	$0.18	26.78	$325.18	$339.82
305/310	325/330	Aug 14	$4.82	$0.18	26.78	$305.18	$329.82
318/320	325/328	Jul 31	$2.40	$0.10	24.00	$317.60	$327.40
320/325	340/345	Aug 7	$4.80	$0.20	24.00	$320.20	$344.80
325/330	355/360	Aug 14	$4.80	$0.20	24.00	$325.20	$359.80
325/330	340/345	Aug 28	$4.80	$0.20	24.00	$325.20	$344.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 132 found (best R:R 124.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$290.00	$300.00	$310.00	Aug 21	$0.08	$9.92	124.00
$370.00	$375.00	$380.00	Aug 7	$0.05	$4.95	99.00
$350.00	$355.00	$360.00	Aug 14	$0.06	$4.94	82.33
$380.00	$385.00	$390.00	Aug 14	$0.07	$4.93	70.43
$380.00	$390.00	$400.00	Aug 21	$0.14	$9.86	70.43

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$330.00	$335.00	$340.00	Aug 14	$0.07	$4.93	70.43
$325.00	$327.50	$330.00	Jul 17	$0.05	$2.45	49.00
$345.00	$350.00	$355.00	Aug 14	$0.10	$4.90	49.00
$307.50	$310.00	$312.50	Jul 24	$0.06	$2.44	40.67
$310.00	$312.50	$315.00	Jul 24	$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. 117 found (best net $-13.60, 104 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$400.00	$420.00	1:2	Aug 28	-$7.03	$12.97
$410.00	$420.00	1:2	Jul 31	-$0.85	$9.15
$380.00	$390.00	1:2	Jul 31	-$2.70	$7.30
$410.00	$420.00	1:2	Aug 14	-$3.42	$6.58
$412.50	$420.00	1:2	Jul 24	-$1.01	$6.49

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$405.00	$375.00	1:2	Aug 14	-$13.60	$16.40
$400.00	$380.00	1:2	Jul 17	-$6.05	$13.95
$295.00	$285.00	1:2	Aug 7	-$0.93	$9.07
$310.00	$300.00	1:2	Aug 7	-$2.17	$7.83
$300.00	$290.00	1:2	Aug 21	-$3.47	$6.53

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 85 found (best yield 8.25%, avg 2.49%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$355.00	Aug 28	$29.20	0.54	0.3%	8.25%	8.52%	1	3
$360.00	Aug 28	$26.80	0.52	1.7%	7.57%	9.26%	23	24
$360.00	Aug 21	$24.95	0.51	1.7%	7.05%	8.74%	232	503
$370.00	Aug 28	$22.50	0.47	4.5%	6.36%	10.87%	1	4
$355.00	Aug 14	$22.10	0.53	0.3%	6.24%	6.52%	16	23
$375.00	Aug 28	$20.90	0.45	5.9%	5.90%	11.83%	2	--
$370.00	Aug 21	$20.60	0.46	4.5%	5.82%	10.33%	69	809
$360.00	Aug 14	$19.85	0.49	1.7%	5.61%	7.30%	1	--
$355.00	Aug 7	$19.35	0.52	0.3%	5.47%	5.74%	38	113
$360.00	Aug 7	$17.80	0.49	1.7%	5.03%	6.72%	29	369

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 18,905

Total Puts 19,678

Put/Call Ratio 1.04

Net Difference -773

Prior's Put/Call Breakdown

Total Calls 26,405

Total Puts 20,428

Put/Call Ratio 0.77

Net Difference 5,977

Prior 7-Day Put/Call Summary

Total Calls 143,417

Total Puts 110,953

Average Put/Call Ratio 0.78

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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