PANW - Options Database

PANW

PALO ALTO NETWORKS I

$370.16 -3.31%

(8/27 18:51) ◀

Friday, August 28, 2026 (3:19pm)

▶ (8/28 18:51)

◀ 8/28 15:19 ▶

Option Volume

Detail

ℹ

Current (08/28) 58,540

Calls: 34,583 (59%)

Puts: 23,957 (41%)

Prior (08/27) 65,704

Calls: 37,482 (57%)

Puts: 28,222 (43%)

Current vs Prior -10.90%

Calls: -7.73% (Calls)

Puts: -15.11% (Puts)

Prior 7-Day Total 232,408

Calls: 113,855 (49%)

Puts: 118,553 (51%)

Prior 7-Day Average 33,201

Calls: 16,265 (49%)

Puts: 16,936 (51%)

Current vs Prior 7-Day Avg +76.32%

Calls: +112.62%

Puts: +41.45%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (08/28) $88.92M

Calls: $62.73M (71%)

Puts: $26.19M (29%)

Prior (08/27) $112.41M

Calls: $83.52M (74%)

Puts: $28.89M (26%)

Current vs Prior -20.90%

Calls: -24.90%

Puts: -9.33%

Prior 7-Day Total $483.97M

Calls: $346.72M (72%)

Puts: $137.25M (28%)

Prior 7-Day Average $69.14M

Calls: $49.53M (72%)

Puts: $19.61M (28%)

Current vs Prior 7-Day Avg +28.61%

Calls: +26.64%

Puts: +33.59%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/28) 0.69

Prior (08/27) 0.75

Current vs Prior -8.00%

Prior 7-Day Average 1.13

Current vs Prior 7-Day Avg -38.92%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (08/28) 590,913

Calls: 295,967 (50%)

Puts: 294,946 (50%)

Prior (08/27) 320,814

Calls: 173,309 (54%)

Puts: 147,505 (46%)

Current vs Prior +84.19%

Prior 7-Day Total 1,734,662

Calls: 971,526 (56%)

Puts: 763,136 (44%)

Prior 7-Day Average 247,808

Calls: 138,789 (56%)

Puts: 109,019 (44%)

Current vs Prior 7-Day Avg +138.46%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)

Current 1.07% | 9.79%12.68% | 18.07%

Prior 3.02% | 10.71%13.83% | 18.41%

Current vs Prior -64.63% | -8.60%-8.35% | -1.85%

Prior 7-Day Avg 4.12% | 9.25%7.48% | 16.58%

Current vs 7-Day Avg -74.04% | +5.83%+69.48% | +8.98%

Prior 7-Day Eod 3.02% | 10.71%13.83% | 18.41%

Current vs 7-Day Eod -64.63% | -8.60%-8.35% | -1.85%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 61.78% | 10.20%

Calls: 49.56% | 9.47%

Puts: 74.00% | 10.93%

Prior 28.14% | 22.80%

Calls: 29.84% | 23.43%

Puts: 26.45% | 22.17%

Current vs Prior +119.55% | -55.26%

Prior 7-Day Avg 26.35% | 17.87%

Calls: 24.07% | 15.95%

Puts: 28.64% | 19.79%

Current vs 7-Day Avg +134.45% | -42.93%

Liquidity Expensive

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Moderately bullish flow with 71% call dollar volume ($62.73M). Volume explosion - 76% above 7-day average (58,540 vs avg 33,201). Bullish P/C ratio of 0.69. Rising open interest (up 84%) indicates new positions being established.

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 BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

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⚡ Straddles

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🛡️ Covered Calls

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Tightest Spreads

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Best Value <$1

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 52 of results (avg 8.6%, best 5.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$400.00	Sep 4	7.10	7.55	$7.32	6.1%	1.3K	0.28	675
$375.00	Sep 4	15.00	16.10	$15.55	7.1%	91	0.48	336
$385.00	Sep 4	11.15	12.00	$11.58	7.3%	120	0.40	1.3K
$300.00	Oct 2	72.30	78.05	$75.18	7.6%	--	0.88	12
$375.00	Sep 18	20.05	21.65	$20.85	7.7%	115	0.50	186

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$372.50	Sep 18	23.00	24.30	$23.65	5.5%	99	0.49	5
$370.00	Sep 18	21.60	23.10	$22.35	6.7%	22	0.47	521
$345.00	Sep 4	6.85	7.35	$7.10	7.0%	157	0.26	227
$310.00	Sep 4	1.15	1.24	$1.19	7.6%	178	0.06	196
$370.00	Sep 4	16.55	17.90	$17.23	7.8%	261	0.47	177

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.91, cheapest $0.91)

CALLS (0)

No calls meet the criteria

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$305.00	Sep 4	0.82	1.00	$0.91	19.8%	102	0.05	130

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 168 found (avg delta 0.75, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$315.00	Aug 28	52.50	58.25	$55.38	10.4%	--	1.00	34
$340.00	Aug 28	27.80	32.70	$30.25	16.2%	20	1.00	351
$355.00	Aug 28	13.15	17.75	$15.45	29.8%	257	1.00	290
$337.50	Aug 28	30.05	35.25	$32.65	15.9%	2	1.00	257
$327.50	Aug 28	40.00	45.75	$42.88	13.4%	1	1.00	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$375.00	Aug 28	3.35	7.50	$5.43	76.4%	83	1.00	197
$380.00	Aug 28	8.15	11.85	$10.00	37.0%	445	1.00	473
$382.50	Aug 28	9.15	15.00	$12.08	48.4%	15	1.00	36
$385.00	Aug 28	12.30	16.80	$14.55	30.9%	179	1.00	185
$387.50	Aug 28	14.25	20.00	$17.13	33.6%	2	1.00	15

Most actively traded options today. High liquidity = easy entry/exit. 402 active (total vol 38.5K, top 4.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$380.00	Aug 28	0.00	0.02	$0.01	200.0%	4.4K	0.01	358
$370.00	Aug 28	0.85	1.41	$1.13	49.6%	3.7K	0.52	280
$375.00	Aug 28	0.02	0.06	$0.04	100.0%	2.0K	0.04	284
$400.00	Sep 4	7.10	7.55	$7.32	6.1%	1.3K	0.28	675
$365.00	Aug 28	4.00	6.60	$5.30	49.1%	976	0.94	339

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$365.00	Aug 28	0.01	0.17	$0.09	177.8%	1.0K	0.06	226
$355.00	Aug 28	0.00	0.01	$0.01	100.0%	1.0K	0.00	652
$350.00	Aug 28	0.00	0.03	$0.02	150.0%	781	0.01	1.1K
$362.50	Aug 28	0.00	0.05	$0.03	166.7%	680	0.02	617
$350.00	Sep 4	8.20	9.00	$8.60	9.3%	669	0.29	263

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 10 strikes (avg 21.8%, max 41.5%)

CALLS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$370.00	Aug 28	Oct 2	69.8%	57.4%	21.5%	3.7K	298
$417.50	Sep 4	Sep 11	87.1%	72.1%	20.9%	8	10
$367.50	Aug 28	Sep 18	71.6%	63.2%	13.3%	294	70
$372.50	Aug 28	Sep 18	66.3%	64.2%	3.1%	918	172

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$410.00	Sep 4	Oct 2	85.2%	60.2%	41.5%	6	54
$400.00	Sep 4	Sep 25	86.6%	62.3%	38.9%	32	93
$420.00	Sep 4	Sep 18	87.0%	65.5%	32.9%	1	34
$370.00	Aug 28	Oct 2	69.8%	57.4%	21.5%	515	404
$367.50	Aug 28	Sep 18	71.6%	63.2%	13.3%	563	202

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 281 found (best R:R 3.93, avg 3.46)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$410.00	$435.00	Oct 9	$5.07	$19.93	$5.07	34%	3.93	$415.07
$355.00	$365.00	Oct 9	$4.68	$5.32	$4.68	62%	1.14	$359.68
$390.00	$400.00	Oct 9	$3.08	$6.92	$3.08	44%	2.25	$393.08
$385.00	$390.00	Oct 9	$1.30	$3.70	$1.30	46%	2.85	$386.30
$367.50	$370.00	Sep 4	$0.50	$2.00	$0.50	55%	4.00	$368.00

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$380.00	$375.00	Sep 18	$2.20	$2.80	$2.20	54%	1.27	$377.80
$345.00	$340.00	Oct 2	$1.15	$3.85	$1.15	32%	3.35	$343.85
$390.00	$385.00	Sep 18	$2.65	$2.35	$2.65	60%	0.89	$387.35
$362.50	$360.00	Sep 18	$0.79	$1.71	$0.79	42%	2.16	$361.71
$370.00	$365.00	Oct 2	$2.03	$2.97	$2.03	46%	1.46	$367.97

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 216 found (best R:R 1.07, avg 0.45)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$430.00	$435.00	Oct 2	$1.40	$1.40	$3.60	76%	0.39	$431.40
$390.00	$392.50	Sep 4	$1.09	$1.09	$1.41	64%	0.77	$391.09
$410.00	$415.00	Sep 25	$1.58	$1.58	$3.42	70%	0.46	$411.58
$407.50	$410.00	Sep 4	$0.68	$0.68	$1.82	77%	0.37	$408.18
$372.50	$375.00	Aug 28	$0.20	$0.20	$2.30	82%	0.09	$372.70

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$345.00	$335.00	Oct 9	$5.17	$5.17	$4.83	68%	1.07	$339.83
$302.50	$300.00	Aug 28	$2.06	$2.06	$0.44	92%	4.68	$300.44
$365.00	$360.00	Oct 9	$3.52	$3.52	$1.48	57%	2.38	$361.48
$312.50	$310.00	Aug 28	$1.25	$1.25	$1.25	91%	1.00	$311.25
$330.00	$327.50	Aug 28	$1.14	$1.14	$1.36	92%	0.84	$328.86

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $16.53, cheapest $16.24)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$370.00	Aug 28	Sep 4	$16.82	69.8%	85.1%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$370.00	Aug 28	Sep 4	$16.24	69.8%	85.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 114 found (cheapest 0.57% of stock, avg 10.53%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$370.00	Aug 28	$1.13	$0.99	$2.12	$367.88	$372.12	0.57%
$372.50	Aug 28	$0.24	$2.83	$3.07	$369.43	$375.57	0.83%
$367.50	Aug 28	$2.88	$0.24	$3.12	$364.38	$370.62	0.84%
$365.00	Aug 28	$5.30	$0.09	$5.39	$359.61	$370.39	1.46%
$375.00	Aug 28	$0.04	$5.43	$5.47	$369.53	$380.47	1.48%
$377.50	Aug 28	$0.10	$7.53	$7.63	$369.87	$385.13	2.06%
$362.50	Aug 28	$7.70	$0.03	$7.73	$354.77	$370.23	2.09%
$380.00	Aug 28	$0.01	$10.00	$10.01	$369.99	$390.01	2.70%
$360.00	Aug 28	$10.73	$0.03	$10.76	$349.24	$370.76	2.91%
$382.50	Aug 28	$0.07	$12.08	$12.15	$370.35	$394.65	3.28%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 0.09% of stock, avg 8.93%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$377.50	$367.50	Aug 28	$0.10	$0.24	$0.34	$367.16	$377.84
$372.50	$367.50	Aug 28	$0.24	$0.24	$0.48	$367.02	$372.98
$372.50	$370.00	Aug 28	$0.24	$0.99	$1.23	$368.77	$373.73
$377.50	$370.00	Aug 28	$0.10	$0.99	$1.09	$368.91	$378.59
$377.50	$305.00	Aug 28	$0.10	$2.15	$2.25	$302.75	$379.75
$377.50	$312.50	Aug 28	$0.10	$2.15	$2.25	$310.25	$379.75
$377.50	$332.50	Aug 28	$0.10	$2.15	$2.25	$330.25	$379.75
$435.00	$367.50	Aug 28	$2.08	$0.24	$2.32	$365.18	$437.32
$372.50	$332.50	Aug 28	$0.24	$2.15	$2.39	$330.11	$374.89
$430.00	$367.50	Aug 28	$2.15	$0.24	$2.39	$365.11	$432.39

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 167 found (best R:R 9.42, avg credit $2.25)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
300/302	372/375	Aug 28	$2.26	$0.24	74%	9.42	$300.24	$374.76
310/312	372/375	Aug 28	$1.45	$1.05	74%	1.38	$311.05	$373.95
328/330	372/375	Aug 28	$1.34	$1.16	74%	1.16	$328.66	$373.84
335/340	420/425	Oct 2	$3.54	$1.46	43%	2.42	$336.46	$423.54
308/310	372/375	Aug 28	$1.05	$1.45	78%	0.72	$308.95	$373.55
330/332	372/375	Aug 28	$1.18	$1.32	70%	0.89	$331.32	$373.68
320/325	420/425	Oct 2	$2.89	$2.11	51%	1.37	$322.11	$422.89
335/340	405/410	Oct 2	$3.57	$1.43	36%	2.50	$336.43	$408.57
330/335	410/415	Sep 25	$3.08	$1.92	45%	1.60	$331.92	$413.08
340/345	410/415	Sep 25	$3.37	$1.63	39%	2.07	$341.63	$413.37

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 190 found (best R:R 89.91, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$410.00	$420.00	$430.00	Sep 18	$0.11	$9.89	9%	89.91
$367.50	$370.00	$372.50	Aug 28	$0.86	$1.64	66%	1.91
$370.00	$372.50	$375.00	Aug 28	$0.69	$1.81	49%	2.62
$385.00	$390.00	$395.00	Oct 2	$0.06	$4.94	6%	82.33
$375.00	$380.00	$385.00	Sep 18	$0.15	$4.85	7%	32.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$367.50	$370.00	$372.50	Aug 28	$1.09	$1.41	70%	1.29
$362.50	$365.00	$367.50	Aug 28	$0.09	$2.41	14%	26.78
$370.00	$375.00	$380.00	Sep 25	$0.07	$4.93	6%	70.43
$370.00	$372.50	$375.00	Aug 28	$0.76	$1.74	52%	2.29
$330.00	$335.00	$340.00	Sep 25	$0.08	$4.92	6%	61.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 100 found (best net $-13.84, 79 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$410.00	$435.00	1:2	Oct 9	-$4.71	$20.29
$365.00	$367.50	1:2	Aug 28	-$0.46	$2.04
$382.50	$385.00	1:2	Aug 28	-$0.01	$2.49
$385.00	$387.50	1:2	Aug 28	-$0.02	$2.48
$397.50	$400.00	1:2	Aug 28	$0.00	$2.50

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$430.00	$400.00	1:2	Sep 11	-$13.84	$16.16
$375.00	$372.50	1:2	Aug 28	-$0.23	$2.27
$332.50	$330.00	1:2	Aug 28	-$0.19	$2.31
$362.50	$360.00	1:2	Aug 28	-$0.03	$2.47
$350.00	$347.50	1:2	Aug 28	-$0.02	$2.48

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 102 found (best yield 5.11%, avg 2.62%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$390.00	Oct 9	$18.90	0.44	5.4%	5.11%	10.47%	3	1
$380.00	Oct 9	$22.80	0.49	2.7%	6.16%	8.82%	5	3
$385.00	Oct 9	$20.65	0.46	4.0%	5.58%	9.59%	9	1
$400.00	Oct 9	$15.70	0.39	8.1%	4.24%	12.30%	3	3
$385.00	Oct 2	$19.90	0.45	4.0%	5.38%	9.39%	6	19
$390.00	Oct 2	$17.95	0.43	5.4%	4.85%	10.21%	7	13
$380.00	Oct 2	$21.60	0.48	2.7%	5.84%	8.49%	3	12
$410.00	Oct 9	$12.45	0.34	10.8%	3.36%	14.13%	2	13
$395.00	Oct 2	$15.90	0.40	6.7%	4.30%	11.01%	2	27
$375.00	Oct 2	$22.95	0.51	1.3%	6.20%	7.51%	8	12

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 34,583

Total Puts 23,957

Put/Call Ratio 0.69

Net Difference 10,626

Prior's Put/Call Breakdown

Total Calls 37,482

Total Puts 28,222

Put/Call Ratio 0.75

Net Difference 9,260

Prior 7-Day Put/Call Summary

Total Calls 113,855

Total Puts 118,553

Average Put/Call Ratio 1.13

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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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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