Tour v504
PANW
PALO ALTO NETWORKS I
$383.80 -0.32%
$384.23 (+0.11%)🌙
as of 08/11 07:01 PM
8/11 19:01

Option Volume

Detail
Current (08/11) 26,987
Calls: 13,742 (51%)
Puts: 13,245 (49%)
Prior (08/10) 48,867
Calls: 23,065 (47%)
Puts: 25,802 (53%)
Current vs Prior -44.77%
Calls: -40.42% (Calls)
Puts: -48.67% (Puts)
Prior 7-Day Total 242,760
Calls: 113,281 (47%)
Puts: 129,479 (53%)
Prior 7-Day Average 34,680
Calls: 16,183 (47%)
Puts: 18,497 (53%)
Current vs Prior 7-Day Avg -22.18%
Calls: -15.08%
Puts: -28.39%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/11) $120.95M
Calls: $103.86M (86%)
Puts: $17.09M (14%)
Prior (08/10) $84.98M
Calls: $72.40M (85%)
Puts: $12.58M (15%)
Current vs Prior +42.32%
Calls: +43.46%
Puts: +35.80%
Prior 7-Day Total $386.87M
Calls: $308.49M (80%)
Puts: $78.38M (20%)
Prior 7-Day Average $55.27M
Calls: $44.07M (80%)
Puts: $11.20M (20%)
Current vs Prior 7-Day Avg +118.84%
Calls: +135.67%
Puts: +52.60%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/11) 0.96
Prior (08/10) 1.12
Current vs Prior -13.84%
Prior 7-Day Average 1.20
Current vs Prior 7-Day Avg -19.57%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/11) 257,241
Calls: 142,367 (55%)
Puts: 114,874 (45%)
Prior (08/10) 260,382
Calls: 151,316 (58%)
Puts: 109,066 (42%)
Current vs Prior -1.21%
Prior 7-Day Total 1,634,752
Calls: 867,502 (53%)
Puts: 767,250 (47%)
Prior 7-Day Average 233,536
Calls: 123,928 (53%)
Puts: 109,607 (47%)
Current vs Prior 7-Day Avg +10.15%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 4.38% | 7.13%7.13% | 16.86%
Prior 5.16% | 7.92%7.92% | 17.71%
Current vs Prior -15.13% | -10.04%-10.04% | -4.80%
Prior 7-Day Avg 5.09% | 8.02%9.82% | 18.62%
Current vs 7-Day Avg -13.92% | -11.17%-27.42% | -9.48%
Prior 7-Day Eod 5.16% | 7.92%7.92% | 17.71%
Current vs 7-Day Eod -15.13% | -10.04%-10.04% | -4.80%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 14.12% | 13.55%
Calls: 9.39% | 9.89%
Puts: 18.85% | 17.22%
Prior 14.12% | 13.55%
Calls: 9.39% | 9.89%
Puts: 18.85% | 17.22%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 16.88% | 14.28%
Calls: 14.01% | 11.59%
Puts: 19.75% | 16.98%
Current vs 7-Day Avg -16.36% | -5.11%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 86% of dollar volume in calls ($103.86M) vs puts ($17.09M). Dollar volume significantly above 7-day average (119% higher). Below-average activity with volume down 45% vs prior.

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 NEUTRAL
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

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 21 of results (avg 7.6%, best 4.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$350.00Sep 1848.4050.65$49.534.5%840.72758
$360.00Sep 1841.9544.35$43.155.6%3160.671.8K
$400.00Sep 1822.8024.20$23.506.0%1030.46550
$390.00Sep 1826.6528.30$27.486.0%2750.51517
$330.00Sep 1861.2565.40$63.336.6%240.811.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$460.00Sep 1880.0084.30$82.155.2%10.79--
$450.00Sep 1871.7077.25$74.477.5%10.7621
$440.00Sep 1863.6569.20$66.438.4%10.72--
$330.00Sep 188.459.25$8.859.0%860.19794
$370.00Sep 1821.8024.05$22.939.8%300.39436

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. 100 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$310.00Aug 2170.2078.00$74.1010.5%91.00659
$320.00Aug 1461.2566.80$64.038.7%10.9968
$337.50Aug 1442.6550.35$46.5016.6%10.98--
$340.00Aug 1440.3048.00$44.1517.4%10.9782
$350.00Aug 1431.7037.25$34.4816.1%470.95553
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$410.00Aug 1423.6031.00$27.3027.1%10.9024
$407.50Aug 1421.3028.80$25.0529.9%10.874
$440.00Aug 2855.4061.25$58.3310.0%10.871
$435.00Aug 2850.9556.45$53.7010.2%10.841
$425.00Aug 2843.0047.75$45.3810.5%120.80--

Most actively traded options today. High liquidity = easy entry/exit. 308 active (total vol 9.9K, top 439)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$400.00Aug 141.752.78$2.2645.6%4390.211.8K
$360.00Sep 1841.9544.35$43.155.6%3160.671.8K
$390.00Sep 1826.6528.30$27.486.0%2750.51517
$400.00Aug 216.307.85$7.0721.9%2330.331.9K
$390.00Aug 144.505.85$5.1826.1%2280.39234
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$380.00Aug 145.206.65$5.9324.5%2760.41660
$360.00Aug 140.821.46$1.1456.1%2410.11254
$325.00Aug 210.501.25$0.8885.2%1840.0587
$340.00Sep 1810.5512.25$11.4014.9%1830.241.2K
$350.00Aug 140.290.75$0.5288.5%1650.05271

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 11 strikes (avg 8.7%, max 12.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$367.50Aug 14Aug 2158.2%51.6%12.6%537
$372.50Aug 14Aug 2157.1%51.3%11.3%5359
$377.50Aug 14Aug 2156.7%51.1%11.0%23362
$382.50Aug 14Aug 2856.4%51.6%9.4%117200
$387.50Aug 14Aug 2156.9%52.3%8.9%88150
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$367.50Aug 14Aug 2858.2%52.1%11.7%2168
$372.50Aug 14Aug 2857.1%51.9%10.1%3220
$377.50Aug 14Aug 2856.7%51.7%9.7%4977
$382.50Aug 14Aug 2856.4%51.6%9.4%4690
$375.00Aug 14Sep 2556.8%56.4%0.8%12580

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 214 found (best R:R 0.60, avg 4.14)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$340.00$365.00Sep 25$15.64$9.36$15.6475%0.60$355.64
$375.00$380.00Sep 25$1.65$3.35$1.6559%2.03$376.65
$420.00$435.00Sep 25$3.82$11.18$3.8238%2.93$423.82
$360.00$380.00Sep 11$11.30$8.70$11.3067%0.77$371.30
$360.00$370.00Sep 18$5.40$4.60$5.4066%0.85$365.40
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$375.00$370.00Sep 25$1.22$3.78$1.2241%3.10$373.78
$345.00$340.00Aug 28$0.21$4.79$0.2115%22.81$344.79
$350.00$345.00Sep 4$0.90$4.10$0.9026%4.56$349.10
$385.00$380.00Sep 11$2.05$2.95$2.0547%1.44$382.95
$320.00$315.00Sep 4$0.37$4.63$0.3711%12.51$319.63

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 169 found (best R:R 2.40, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$427.50$430.00Aug 14$0.68$0.68$1.8293%0.37$428.18
$397.50$400.00Aug 14$0.84$0.84$1.6674%0.51$398.34
$440.00$450.00Sep 18$2.68$2.68$7.3272%0.37$442.68
$430.00$435.00Aug 21$0.58$0.58$4.4289%0.13$430.58
$450.00$460.00Sep 4$1.72$1.72$8.2881%0.21$451.72
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$380.00$375.00Sep 25$3.53$3.53$1.4756%2.40$376.47
$370.00$350.00Sep 11$7.38$7.38$12.6262%0.58$362.62
$360.00$350.00Sep 18$3.98$3.98$6.0266%0.66$356.02
$350.00$335.00Sep 25$4.63$4.63$10.3771%0.45$345.37
$350.00$340.00Sep 11$3.32$3.32$6.6872%0.50$346.68

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 15 found (avg debit $5.09, cheapest $4.93)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$377.50Aug 14Aug 21$5.2556.7%51.1%
$382.50Aug 14Aug 21$5.4056.4%50.9%
$375.00Aug 14Aug 21$5.1056.8%51.3%
$380.00Aug 14Aug 21$5.3856.4%51.0%
$390.00Aug 14Aug 21$5.2257.1%52.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$377.50Aug 14Aug 21$4.9356.7%51.1%
$382.50Aug 14Aug 21$5.1156.4%50.9%
$375.00Aug 14Aug 21$4.8056.8%51.3%
$380.00Aug 14Aug 21$5.0756.4%51.0%
$390.00Aug 14Aug 21$5.0057.1%52.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 67 found (cheapest 4.05% of stock, avg 9.72%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$385.00Aug 14$7.23$8.30$15.53$369.47$400.534.05%
$382.50Aug 14$8.50$7.07$15.57$366.93$398.074.06%
$380.00Aug 14$9.82$5.93$15.75$364.25$395.754.10%
$387.50Aug 14$6.13$9.70$15.83$371.67$403.334.12%
$377.50Aug 14$11.35$4.95$16.30$361.20$393.804.25%
$390.00Aug 14$5.18$11.20$16.38$373.62$406.384.27%
$375.00Aug 14$12.98$4.08$17.06$357.94$392.064.45%
$392.50Aug 14$4.38$12.83$17.21$375.29$409.714.48%
$372.50Aug 14$14.75$3.34$18.09$354.41$390.594.71%
$370.00Aug 14$16.63$2.75$19.38$350.62$389.385.05%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 1.79% of stock, avg 7.96%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$395.00$372.50Aug 14$3.53$3.34$6.87$365.63$401.87
$395.00$375.00Aug 14$3.53$4.08$7.61$367.39$402.61
$392.50$372.50Aug 14$4.38$3.34$7.72$364.78$400.22
$392.50$375.00Aug 14$4.38$4.08$8.46$366.54$400.96
$395.00$377.50Aug 14$3.53$4.95$8.48$369.02$403.48
$392.50$377.50Aug 14$4.38$4.95$9.33$368.17$401.83
$390.00$372.50Aug 14$5.18$3.34$8.52$363.98$398.52
$390.00$375.00Aug 14$5.18$4.08$9.26$365.74$399.26
$390.00$377.50Aug 14$5.18$4.95$10.13$367.37$400.13
$395.00$380.00Aug 14$3.53$5.93$9.46$370.54$404.46

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 276 found (best R:R 1.99, avg credit $1.77)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
350/360440/450Sep 18$6.66$3.3439%1.99$353.34$446.66
350/355430/435Sep 4$3.21$1.7944%1.79$351.79$433.21
320/330440/450Sep 18$5.08$4.9253%1.03$324.92$445.08
350/355420/425Sep 4$3.40$1.6039%2.13$351.60$423.40
320/325430/435Sep 4$2.40$2.6058%0.92$322.60$432.40
330/335430/435Sep 11$2.78$2.2250%1.25$332.22$432.78
330/335435/440Sep 11$2.67$2.3353%1.15$332.33$437.67
358/360398/400Aug 14$1.23$1.2763%0.97$358.77$398.73
328/330398/400Aug 14$0.99$1.5171%0.66$329.01$398.49
320/325420/425Sep 4$2.59$2.4154%1.07$322.41$422.59

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 132 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$360.00$370.00$380.00Sep 18$0.10$9.9011%99.00
$420.00$430.00$440.00Sep 18$0.15$9.858%65.67
$400.00$410.00$420.00Sep 18$0.27$9.7310%36.04
$370.00$380.00$390.00Sep 18$0.33$9.6710%29.30
$310.00$320.00$330.00Aug 21$0.20$9.807%49.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$320.00$330.00$340.00Sep 18$0.15$9.858%65.67
$350.00$360.00$370.00Sep 18$0.47$9.5310%20.28
$390.00$400.00$410.00Sep 18$0.45$9.5510%21.22
$380.00$382.50$385.00Aug 14$0.09$2.4110%26.78
$360.00$365.00$370.00Sep 4$0.12$4.886%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. 111 found (best net $-15.63, 109 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$325.00$360.001:2Sep 11-$15.63$19.37
$330.00$355.001:2Aug 28-$14.60$10.40
$440.00$460.001:2Sep 11-$3.03$16.97
$440.00$450.001:2Aug 21-$0.15$9.85
$440.00$450.001:2Aug 28-$0.74$9.26
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$415.00$385.001:2Sep 4-$6.51$23.49
$420.00$385.001:2Sep 25-$10.23$24.77
$370.00$350.001:2Sep 11-$5.62$14.38
$330.00$327.501:2Aug 14$0.00$2.50
$340.00$337.501:2Aug 14$0.00$2.50

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 78 found (best yield 7.11%, avg 2.35%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$390.00Sep 25$27.300.511.6%7.11%8.73%412
$400.00Sep 18$22.800.464.2%5.94%10.16%103550
$390.00Sep 18$26.650.511.6%6.94%8.56%275517
$410.00Sep 25$18.800.426.8%4.90%11.72%23
$385.00Sep 25$28.900.540.3%7.53%7.84%6--
$420.00Sep 25$15.600.389.4%4.06%13.50%221
$420.00Sep 18$16.050.369.4%4.18%13.61%682.7K
$410.00Sep 18$18.000.416.8%4.69%11.52%24464
$435.00Sep 25$12.200.3213.3%3.18%16.52%224
$430.00Sep 18$13.250.3212.0%3.45%15.49%33498

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 13,742
Total Puts 13,245
Put/Call Ratio 0.96
Net Difference 497

Prior's Put/Call Breakdown

Total Calls 23,065
Total Puts 25,802
Put/Call Ratio 1.12
Net Difference -2,737

Prior 7-Day Put/Call Summary

Total Calls 113,281
Total Puts 129,479
Average Put/Call Ratio 1.20
Ratio Trend Falling

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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Chart Title

Price — Past 7 Days

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