PANW - Options Database

PANW

PALO ALTO NETWORKS I

$353.99 -0.01%

$353.02 (-0.27%)🌙

as of 07/16 06:51 PM

(7/15 18:58) ◀

Thursday, July 16, 2026 (6:51pm)

▶ (7/17 19:08)

◀ 7/16 18:51 ▶

Option Volume

Detail

ℹ

Current (07/16) 31,245

Calls: 13,877 (44%)

Puts: 17,368 (56%)

Prior (07/15) 38,583

Calls: 18,905 (49%)

Puts: 19,678 (51%)

Current vs Prior -19.02%

Calls: -26.60% (Calls)

Puts: -11.74% (Puts)

Prior 7-Day Total 242,145

Calls: 131,495 (54%)

Puts: 110,650 (46%)

Prior 7-Day Average 34,592

Calls: 18,785 (54%)

Puts: 15,807 (46%)

Current vs Prior 7-Day Avg -9.68%

Calls: -26.13%

Puts: +9.87%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/16) $37.48M

Calls: $28.73M (77%)

Puts: $8.75M (23%)

Prior (07/15) $54.15M

Calls: $37.95M (70%)

Puts: $16.20M (30%)

Current vs Prior -30.78%

Calls: -24.28%

Puts: -46.00%

Prior 7-Day Total $377.51M

Calls: $265.44M (70%)

Puts: $112.07M (30%)

Prior 7-Day Average $53.93M

Calls: $37.92M (70%)

Puts: $16.01M (30%)

Current vs Prior 7-Day Avg -30.50%

Calls: -24.23%

Puts: -45.36%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/16) 1.25

Prior (07/15) 1.04

Current vs Prior +20.24%

Prior 7-Day Average 0.83

Current vs Prior 7-Day Avg +50.03%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/16) 243,492

Calls: 145,389 (60%)

Puts: 98,103 (40%)

Prior (07/15) 252,515

Calls: 138,854 (55%)

Puts: 113,661 (45%)

Current vs Prior -3.57%

Prior 7-Day Total 1,756,504

Calls: 1,000,753 (57%)

Puts: 755,751 (43%)

Prior 7-Day Average 250,929

Calls: 142,964 (57%)

Puts: 107,964 (43%)

Current vs Prior 7-Day Avg -2.96%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 3.08% | 7.35%3.08% | 17.50%

Prior 4.16% | 7.65%4.16% | 17.25%

Current vs Prior -25.83% | -3.83%-25.83% | +1.45%

Prior 7-Day Avg 4.81% | 25.77%24.08% | 17.90%

Current vs 7-Day Avg -35.89% | -71.47%-87.20% | -2.22%

Prior 7-Day Eod 4.16% | 7.65%4.16% | 17.25%

Current vs 7-Day Eod -25.83% | -3.83%-25.83% | +1.45%

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 33.45% | 18.66%

Calls: 41.71% | 21.78%

Puts: 25.18% | 15.53%

Current vs 7-Day Avg +0.00% | +0.00%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 77% of dollar volume in calls ($28.73M) vs puts ($8.75M). Bearish P/C ratio of 1.25 indicates protective 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 NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

Prior NEUTRAL

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

⚖️

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 28 of results (avg 8.4%, best 5.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$320.00	Aug 21	45.80	49.00	$47.40	6.8%	12	0.72	973
$285.00	Jul 17	65.35	70.65	$68.00	7.8%	1	1.00	--
$290.00	Aug 21	68.40	74.20	$71.30	8.1%	10	0.85	494
$290.00	Jul 17	60.00	65.60	$62.80	8.9%	21	1.00	1.6K
$320.00	Jul 17	32.60	35.70	$34.15	9.1%	75	0.96	1.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$360.00	Jul 31	19.80	20.85	$20.33	5.2%	27	0.53	125
$345.00	Aug 7	15.80	16.90	$16.35	6.7%	2	0.41	5
$357.50	Jul 24	13.30	14.30	$13.80	7.2%	2	0.53	--
$355.00	Jul 31	16.95	18.25	$17.60	7.4%	25	0.49	124
$340.00	Aug 7	13.75	14.85	$14.30	7.7%	3	0.37	38

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. 103 found (avg delta 0.73, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$290.00	Jul 17	60.00	65.60	$62.80	8.9%	21	1.00	1.6K
$285.00	Jul 17	65.35	70.65	$68.00	7.8%	1	1.00	--
$295.00	Jul 17	55.20	60.65	$57.93	9.4%	1	0.99	--
$300.00	Jul 17	50.00	55.60	$52.80	10.6%	47	0.99	915
$325.00	Jul 17	25.20	30.75	$27.98	19.8%	49	0.98	334

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$390.00	Jul 17	34.40	39.90	$37.15	14.8%	1	1.00	3
$370.00	Jul 17	13.85	19.75	$16.80	35.1%	7	0.89	71
$367.50	Jul 17	11.55	17.25	$14.40	39.6%	7	0.86	12
$365.00	Jul 17	9.30	14.50	$11.90	43.7%	2	0.83	6
$395.00	Jul 31	42.90	47.65	$45.28	10.5%	2	0.80	40

Most actively traded options today. High liquidity = easy entry/exit. 311 active (total vol 12.8K, top 818)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$400.00	Jul 17	0.01	0.05	$0.03	133.3%	818	0.01	1.9K
$370.00	Jul 17	0.60	0.79	$0.70	27.1%	603	0.11	1.5K
$360.00	Jul 17	2.05	2.95	$2.50	36.0%	546	0.32	1.3K
$380.00	Jul 17	0.15	0.25	$0.20	50.0%	434	0.04	3.7K
$412.50	Jul 17	0.00	0.46	$0.23	200.0%	407	0.02	174

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$347.50	Jul 17	2.00	2.94	$2.47	38.1%	269	0.30	90
$350.00	Jul 17	2.30	3.85	$3.08	50.3%	234	0.36	865
$300.00	Aug 21	7.45	8.40	$7.93	12.0%	188	0.18	1.0K
$300.00	Jul 17	0.02	0.15	$0.09	144.4%	171	0.01	802
$340.00	Jul 17	0.70	1.36	$1.03	64.1%	167	0.14	178

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 72 strikes (avg 65.7%, max 178.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$415.00	Jul 17	Jul 24	186.6%	67.0%	178.7%	130	227
$407.50	Jul 17	Jul 24	156.6%	59.9%	161.6%	17	3
$405.00	Jul 17	Aug 7	157.0%	60.8%	158.1%	114	393
$305.00	Jul 17	Jul 24	164.5%	64.5%	155.1%	2	--
$412.50	Jul 17	Jul 24	150.4%	62.3%	141.3%	454	177

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$305.00	Jul 17	Aug 28	164.5%	63.1%	160.8%	7	206
$302.50	Jul 17	Jul 24	163.8%	64.9%	152.3%	71	225
$285.00	Jul 17	Aug 14	159.0%	64.2%	147.4%	9	260
$295.00	Jul 17	Aug 28	148.1%	63.3%	133.9%	25	317
$315.00	Jul 17	Aug 28	145.6%	64.2%	126.9%	58	455

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 206 found (best R:R 24.00, avg 4.29)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$380.00	$382.50	Jul 17	$0.10	$2.40	$0.10	24.00	$380.10
$405.00	$407.50	Jul 17	$0.10	$2.40	$0.10	24.00	$405.10
$400.00	$402.50	Jul 24	$0.14	$2.36	$0.14	16.86	$400.14
$402.50	$405.00	Jul 24	$0.14	$2.36	$0.14	16.86	$402.64
$365.00	$367.50	Jul 17	$0.16	$2.34	$0.16	14.62	$365.16

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$305.00	$300.00	Aug 28	$0.25	$4.75	$0.25	19.00	$304.75
$305.00	$302.50	Jul 24	$0.13	$2.37	$0.13	18.23	$304.87
$290.00	$285.00	Aug 14	$0.27	$4.73	$0.27	17.52	$289.73
$342.50	$340.00	Jul 17	$0.14	$2.36	$0.14	16.86	$342.36
$335.00	$332.50	Jul 17	$0.15	$2.35	$0.15	15.67	$334.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 250 found (best R:R 37.46, avg 1.39)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$290.00	$295.00	Jul 17	$4.87	$4.87	$0.13	37.46	$294.87
$340.00	$342.50	Jul 17	$2.32	$2.32	$0.18	12.89	$342.32
$305.00	$310.00	Jul 24	$4.60	$4.60	$0.40	11.50	$309.60
$300.00	$305.00	Jul 24	$4.58	$4.58	$0.42	10.90	$304.58
$295.00	$307.50	Jul 31	$11.35	$11.35	$1.15	9.87	$306.35

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$372.50	$370.00	Jul 24	$2.17	$2.17	$0.33	6.58	$370.33
$395.00	$390.00	Jul 31	$4.30	$4.30	$0.70	6.14	$390.70
$367.50	$365.00	Jul 24	$2.12	$2.12	$0.38	5.58	$365.38
$400.00	$395.00	Aug 14	$4.10	$4.10	$0.90	4.56	$395.90
$380.00	$372.50	Jul 24	$6.08	$6.08	$1.42	4.28	$373.92

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 78 found (avg debit $3.78, cheapest $0.16)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$415.00	Jul 17	Jul 24	$0.16	186.6%	67.0%
$407.50	Jul 17	Jul 24	$0.32	156.6%	59.9%
$305.00	Jul 17	Jul 24	$0.33	164.5%	64.5%
$405.00	Jul 17	Jul 24	$0.42	157.0%	60.9%
$412.50	Jul 17	Jul 24	$0.44	150.4%	62.3%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$285.00	Jul 17	Jul 24	$0.28	159.0%	73.7%
$302.50	Jul 17	Jul 24	$0.40	163.8%	64.9%
$305.00	Jul 17	Jul 24	$0.43	164.5%	64.5%
$290.00	Jul 17	Jul 24	$0.49	144.1%	74.8%
$300.00	Jul 17	Jul 24	$0.60	143.4%	68.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 97 found (cheapest 2.71% of stock, avg 11.30%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$355.00	Jul 17	$4.35	$5.23	$9.58	$345.42	$364.58	2.71%
$352.50	Jul 17	$5.68	$4.13	$9.81	$342.69	$362.31	2.77%
$357.50	Jul 17	$3.29	$6.63	$9.92	$347.58	$367.42	2.80%
$350.00	Jul 17	$7.20	$3.08	$10.28	$339.72	$360.28	2.90%
$360.00	Jul 17	$2.50	$8.25	$10.75	$349.25	$370.75	3.04%
$347.50	Jul 17	$8.90	$2.47	$11.37	$336.13	$358.87	3.21%
$345.00	Jul 17	$10.78	$1.68	$12.46	$332.54	$357.46	3.52%
$365.00	Jul 17	$1.06	$11.90	$12.96	$352.04	$377.96	3.66%
$342.50	Jul 17	$12.03	$1.17	$13.20	$329.30	$355.70	3.73%
$367.50	Jul 17	$0.90	$14.40	$15.30	$352.20	$382.80	4.32%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 0.63% of stock, avg 7.60%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$365.00	$342.50	Jul 17	$1.06	$1.17	$2.23	$340.27	$367.23
$365.00	$345.00	Jul 17	$1.06	$1.68	$2.74	$342.26	$367.74
$362.50	$342.50	Jul 17	$1.92	$1.17	$3.09	$339.41	$365.59
$365.00	$347.50	Jul 17	$1.06	$2.47	$3.53	$343.97	$368.53
$362.50	$345.00	Jul 17	$1.92	$1.68	$3.60	$341.40	$366.10
$360.00	$342.50	Jul 17	$2.50	$1.17	$3.67	$338.83	$363.67
$365.00	$350.00	Jul 17	$1.06	$3.08	$4.14	$345.86	$369.14
$360.00	$345.00	Jul 17	$2.50	$1.68	$4.18	$340.82	$364.18
$362.50	$347.50	Jul 17	$1.92	$2.47	$4.39	$343.11	$366.89
$357.50	$342.50	Jul 17	$3.29	$1.17	$4.46	$338.04	$361.96

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 376 found (best R:R 51.63, avg credit $4.68)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
290/300	310/320	Aug 21	$9.81	$0.19	51.63	$290.19	$319.81
320/325	335/340	Aug 14	$4.87	$0.13	37.46	$320.13	$339.87
315/320	325/330	Jul 31	$4.76	$0.24	19.83	$315.24	$329.76
320/325	350/355	Aug 7	$4.75	$0.25	19.00	$320.25	$354.75
308/310	315/320	Jul 24	$4.73	$0.27	17.52	$305.27	$319.73
330/340	350/360	Aug 21	$9.43	$0.57	16.54	$330.57	$359.43
285/290	295/308	Jul 31	$11.69	$0.81	14.43	$278.31	$306.69
335/340	360/365	Aug 7	$4.67	$0.33	14.15	$335.33	$364.67
325/328	330/332	Jul 24	$2.32	$0.18	12.89	$325.18	$332.32
325/328	345/348	Jul 31	$2.32	$0.18	12.89	$325.18	$347.32

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 131 found (best R:R 82.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$355.00	$360.00	$365.00	Jul 31	$0.08	$4.92	61.50
$397.50	$400.00	$402.50	Jul 24	$0.06	$2.44	40.67
$330.00	$332.50	$335.00	Jul 24	$0.07	$2.43	34.71
$400.00	$410.00	$420.00	Jul 31	$0.29	$9.71	33.48
$380.00	$385.00	$390.00	Jul 31	$0.20	$4.80	24.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$285.00	$290.00	$295.00	Aug 7	$0.06	$4.94	82.33
$335.00	$340.00	$345.00	Aug 7	$0.08	$4.92	61.50
$300.00	$305.00	$310.00	Aug 7	$0.09	$4.91	54.56
$350.00	$352.50	$355.00	Jul 17	$0.05	$2.45	49.00
$340.00	$345.00	$350.00	Aug 14	$0.10	$4.90	49.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 125 found (best net $-12.37, 108 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$300.00	$330.00	1:2	Aug 7	-$12.37	$17.63
$400.00	$420.00	1:2	Aug 28	-$8.09	$11.91
$410.00	$420.00	1:2	Jul 31	-$0.91	$9.09
$400.00	$410.00	1:2	Jul 31	-$1.53	$8.47
$380.00	$390.00	1:2	Aug 7	-$5.38	$4.62

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$350.00	$330.00	1:2	Aug 28	-$10.45	$9.55
$320.00	$310.00	1:2	Aug 7	-$2.52	$7.48
$300.00	$290.00	1:2	Aug 21	-$3.97	$6.03
$310.00	$300.00	1:2	Aug 21	-$5.13	$4.87
$290.00	$285.00	1:2	Jul 31	-$0.55	$4.45

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 75 found (best yield 7.42%, avg 2.31%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$360.00	Aug 28	$26.25	0.51	1.7%	7.42%	9.11%	25	46
$360.00	Aug 21	$24.05	0.51	1.7%	6.79%	8.49%	61	660
$355.00	Aug 14	$23.60	0.53	0.3%	6.67%	6.95%	15	34
$375.00	Aug 28	$20.70	0.44	5.9%	5.85%	11.78%	3	3
$360.00	Aug 14	$20.60	0.50	1.7%	5.82%	7.52%	4	53
$370.00	Aug 21	$20.00	0.45	4.5%	5.65%	10.17%	71	828
$355.00	Aug 7	$18.90	0.52	0.3%	5.34%	5.62%	3	--
$380.00	Aug 21	$17.60	0.40	7.3%	4.97%	12.32%	95	677
$365.00	Aug 14	$17.45	0.46	3.1%	4.93%	8.04%	7	50
$385.00	Aug 28	$16.90	0.39	8.8%	4.77%	13.53%	1	--

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 13,877

Total Puts 17,368

Put/Call Ratio 1.25

Net Difference -3,491

Prior's Put/Call Breakdown

Total Calls 18,905

Total Puts 19,678

Put/Call Ratio 1.04

Net Difference -773

Prior 7-Day Put/Call Summary

Total Calls 131,495

Total Puts 110,650

Average Put/Call Ratio 0.83

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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