PANW - Options Database

PANW

PALO ALTO NETWORKS I

$392.09 +4.43%

$391.55 (-0.14%)🌙

as of 09/29 03:42 AM

(9/25 18:47) ◀

Monday, September 28, 2026 (3:42am)

▶ (9/29 18:49)

◀ 9/28 03:42 ▶

Option Volume

Detail

ℹ

Current (09/29) --

Calls: -- (--)

Puts: -- (--)

Prior (09/25) 48,337

Calls: 27,010 (56%)

Puts: 21,327 (44%)

Current vs Prior -100.00%

Calls: -100.00% (Calls)

Puts: -100.00% (Puts)

Prior 7-Day Total 404,424

Calls: 252,041 (62%)

Puts: 152,383 (38%)

Prior 7-Day Average 57,774

Calls: 36,005 (62%)

Puts: 21,769 (38%)

Current vs Prior 7-Day Avg -100.00%

Calls: -100.00%

Puts: -100.00%

Sentiment NEUTRAL

Dollar Volume

Detail

ℹ

Current (09/29) --

Calls: -- (--)

Puts: -- (--)

Prior (09/25) $49.79M

Calls: $31.41M (63%)

Puts: $18.38M (37%)

Current vs Prior -100.00%

Calls: -100.00%

Puts: -100.00%

Prior 7-Day Total $619.82M

Calls: $459.57M (74%)

Puts: $160.26M (26%)

Prior 7-Day Average $88.55M

Calls: $65.65M (74%)

Puts: $22.89M (26%)

Current vs Prior 7-Day Avg -100.00%

Calls: -100.00%

Puts: -100.00%

Sentiment NEUTRAL

Put/Call Ratio

Detail

ℹ

Current (09/29) 1.00

Prior (09/25) 0.79

Current vs Prior +26.65%

Prior 7-Day Average 0.62

Current vs Prior 7-Day Avg +60.59%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (09/29) 260,544

Calls: 144,073 (55%)

Puts: 116,471 (45%)

Prior (09/25) 263,946

Calls: 141,529 (54%)

Puts: 122,417 (46%)

Current vs Prior -1.29%

Prior 7-Day Total 2,090,049

Calls: 1,151,986 (55%)

Puts: 938,063 (45%)

Prior 7-Day Average 298,578

Calls: 164,569 (55%)

Puts: 134,009 (45%)

Current vs Prior 7-Day Avg -12.74%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (10/02) | Next (10/09)Expiry (10/16) | Next (11/20)

Current 5.59% | 7.51%9.89% | 18.66%

Prior 5.78% | 7.99%10.00% | 18.71%

Current vs Prior -3.37% | -6.02%-1.14% | -0.23%

Prior 7-Day Avg 4.96% | 7.48%6.83% | 15.48%

Current vs 7-Day Avg +12.72% | +0.33%+44.67% | +20.56%

Prior 7-Day Eod 5.78% | 7.99%10.00% | 18.71%

Current vs 7-Day Eod -3.37% | -6.02%-1.14% | -0.23%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 14.50% | 15.66%

Calls: 7.31% | 18.69%

Puts: 21.70% | 12.62%

Prior 14.50% | 15.66%

Calls: 7.31% | 18.69%

Puts: 21.70% | 12.62%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 15.28% | 16.52%

Calls: 8.18% | 19.54%

Puts: 22.39% | 13.50%

Current vs 7-Day Avg -5.11% | -5.22%

Liquidity Expensive

Add Card

🤖 AI Insights

Light premium activity with dollar volume down 100% vs prior. Below-average activity with volume down 100% vs prior.

Smart Money NEUTRAL

Retail Flow NEUTRAL

Overall MIXED

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current NEUTRAL

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 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

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 24 of results (avg 7.8%, best 4.4%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$440.00	Oct 16	4.45	4.65	$4.55	4.4%	--	0.18	907
$395.00	Oct 2	8.55	9.05	$8.80	5.7%	--	0.47	397
$380.00	Oct 16	24.30	25.75	$25.03	5.8%	--	0.62	1.4K
$450.00	Oct 16	3.25	3.45	$3.35	6.0%	--	0.14	5.4K
$400.00	Oct 9	11.05	11.75	$11.40	6.1%	--	0.43	331

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$390.00	Oct 2	9.00	9.70	$9.35	7.5%	--	0.46	65
$395.00	Oct 9	15.55	16.80	$16.18	7.7%	--	0.51	50
$385.00	Oct 2	6.65	7.20	$6.93	7.9%	--	0.38	28
$375.00	Oct 9	7.30	7.95	$7.63	8.5%	--	0.30	82
$400.00	Oct 9	18.25	19.90	$19.08	8.6%	--	0.57	13

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.92, cheapest $0.92)

CALLS (0)

No calls meet the criteria

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$320.00	Oct 16	0.86	0.97	$0.92	12.0%	--	0.04	4.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 69 found (avg delta 0.72, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$320.00	Oct 2	68.10	75.85	$71.97	10.8%	--	1.00	64
$330.00	Oct 2	58.10	65.80	$61.95	12.4%	--	1.00	120
$335.00	Oct 2	54.70	60.80	$57.75	10.6%	--	1.00	31
$345.00	Oct 2	46.20	51.00	$48.60	9.9%	--	1.00	43
$350.00	Oct 2	41.85	46.35	$44.10	10.2%	--	0.95	84

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$415.00	Oct 2	22.35	29.75	$26.05	28.4%	--	0.80	10
$412.50	Oct 2	22.25	25.00	$23.63	11.6%	--	0.77	12
$420.00	Oct 9	29.05	37.30	$33.17	24.9%	--	0.74	13
$405.00	Oct 9	20.95	23.15	$22.05	10.0%	--	0.62	12
$400.00	Oct 2	13.15	17.50	$15.33	28.4%	--	0.61	64

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

No options available for this category

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 26 strikes (avg 19.7%, max 26.8%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$375.00	Oct 2	Oct 30	63.5%	50.8%	24.9%	--	244
$380.00	Oct 2	Oct 30	63.1%	50.8%	24.1%	--	545
$382.50	Oct 2	Oct 16	62.9%	51.2%	22.9%	--	101
$390.00	Oct 2	Oct 23	63.5%	51.8%	22.6%	--	711
$385.00	Oct 2	Oct 30	62.2%	50.8%	22.4%	--	430

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$370.00	Oct 2	Oct 30	64.1%	50.5%	26.8%	--	571
$390.00	Oct 2	Oct 30	63.5%	50.9%	24.6%	--	100
$380.00	Oct 2	Oct 30	63.1%	50.8%	24.1%	--	160
$372.50	Oct 2	Oct 9	64.5%	52.1%	23.7%	--	177
$367.50	Oct 2	Oct 9	63.8%	52.1%	22.5%	--	135

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 173 found (best R:R 135.36, avg 5.15)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$455.00	$470.00	Oct 23	$0.11	$14.89	$0.11	14%	135.36	$455.11
$385.00	$390.00	Oct 23	$1.12	$3.88	$1.12	59%	3.46	$386.12
$430.00	$440.00	Oct 23	$1.05	$8.95	$1.05	27%	8.52	$431.05
$400.00	$405.00	Oct 30	$1.03	$3.97	$1.03	47%	3.85	$401.03
$385.00	$390.00	Oct 16	$1.60	$3.40	$1.60	58%	2.12	$386.60

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$400.00	$390.00	Oct 16	$4.25	$5.75	$4.25	55%	1.35	$395.75
$412.50	$400.00	Oct 2	$8.30	$4.20	$8.30	77%	0.51	$404.20
$390.00	$385.00	Oct 16	$1.55	$3.45	$1.55	46%	2.23	$388.45
$375.00	$370.00	Oct 16	$1.05	$3.95	$1.05	33%	3.76	$373.95
$370.00	$365.00	Oct 30	$1.25	$3.75	$1.25	33%	3.00	$368.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 141 found (best R:R 1.65, avg 0.42)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$420.00	$425.00	Oct 23	$3.11	$3.11	$1.89	65%	1.65	$423.11
$425.00	$430.00	Oct 9	$2.28	$2.28	$2.72	77%	0.84	$427.28
$440.00	$455.00	Oct 23	$3.59	$3.59	$11.41	77%	0.31	$443.59
$405.00	$410.00	Oct 30	$3.00	$3.00	$2.00	56%	1.50	$408.00
$460.00	$470.00	Oct 30	$2.25	$2.25	$7.75	82%	0.29	$462.25

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$360.00	$340.00	Nov 6	$5.65	$5.65	$14.35	72%	0.39	$354.35
$375.00	$360.00	Nov 6	$5.97	$5.97	$9.03	63%	0.66	$369.03
$385.00	$380.00	Oct 16	$3.05	$3.05	$1.95	58%	1.56	$381.95
$357.50	$355.00	Oct 9	$1.39	$1.39	$1.11	83%	1.25	$356.11
$370.00	$365.00	Oct 23	$2.43	$2.43	$2.57	69%	0.95	$367.57

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $4.83, cheapest $8.48)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$382.50	Oct 2	Oct 16	$8.48	62.9%	51.2%
$405.00	Oct 2	Oct 9	$3.73	64.0%	53.4%
$390.00	Oct 2	Oct 9	$3.13	63.5%	53.7%
$392.50	Oct 2	Oct 9	$4.58	63.8%	55.4%
$380.00	Oct 2	Oct 9	$3.72	63.1%	54.9%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$390.00	Oct 2	Oct 9	$4.28	63.5%	53.7%
$380.00	Oct 2	Oct 9	$4.25	63.1%	54.9%
$400.00	Oct 2	Oct 9	$3.75	63.7%	55.6%
$395.00	Oct 2	Oct 9	$4.45	63.3%	56.3%
$385.00	Oct 2	Oct 16	$8.97	62.2%	55.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 46 found (cheapest 5.23% of stock, avg 8.58%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$392.50	Oct 2	$10.02	$10.50	$20.52	$371.98	$413.02	5.23%
$395.00	Oct 2	$8.80	$11.73	$20.53	$374.47	$415.53	5.24%
$387.50	Oct 2	$12.68	$7.98	$20.66	$366.84	$408.16	5.27%
$390.00	Oct 2	$11.40	$9.35	$20.75	$369.25	$410.75	5.29%
$385.00	Oct 2	$14.08	$6.93	$21.01	$363.99	$406.01	5.36%
$382.50	Oct 2	$15.15	$6.08	$21.23	$361.27	$403.73	5.41%
$400.00	Oct 2	$6.85	$15.33	$22.18	$377.82	$422.18	5.66%
$380.00	Oct 2	$17.08	$5.23	$22.31	$357.69	$402.31	5.69%
$377.50	Oct 2	$18.08	$4.25	$22.33	$355.17	$399.83	5.70%
$375.00	Oct 2	$20.88	$3.80	$24.68	$350.32	$399.68	6.29%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 130 found (cheapest 2.89% of stock, avg 6.47%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$405.00	$382.50	Oct 2	$5.25	$6.08	$11.33	$371.17	$416.33
$402.50	$382.50	Oct 2	$5.90	$6.08	$11.98	$370.52	$414.48
$405.00	$385.00	Oct 2	$5.25	$6.93	$12.18	$372.82	$417.18
$402.50	$385.00	Oct 2	$5.90	$6.93	$12.83	$372.17	$415.33
$400.00	$382.50	Oct 2	$6.85	$6.08	$12.93	$369.57	$412.93
$400.00	$385.00	Oct 2	$6.85	$6.93	$13.78	$371.22	$413.78
$410.00	$372.50	Oct 9	$7.28	$6.20	$13.48	$359.02	$423.48
$405.00	$387.50	Oct 2	$5.25	$7.98	$13.23	$374.27	$418.23
$402.50	$387.50	Oct 2	$5.90	$7.98	$13.88	$373.62	$416.38
$397.50	$382.50	Oct 2	$7.80	$6.08	$13.88	$368.62	$411.38

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 224 found (best R:R 4.32, avg credit $1.96)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
315/320	420/425	Oct 23	$4.06	$0.94	57%	4.32	$315.94	$424.06
335/340	420/425	Oct 23	$4.23	$0.77	51%	5.49	$335.77	$424.23
355/358	425/430	Oct 9	$3.67	$1.33	60%	2.76	$353.83	$428.67
325/330	420/425	Oct 23	$3.87	$1.13	55%	3.42	$326.13	$423.87
315/320	425/430	Oct 9	$2.63	$2.37	74%	1.11	$317.37	$427.63
340/345	425/430	Oct 9	$2.91	$2.09	67%	1.39	$342.09	$427.91
370/375	420/425	Oct 23	$4.68	$0.32	31%	14.62	$370.32	$424.68
360/365	420/425	Oct 23	$4.31	$0.69	38%	6.25	$360.69	$424.31
320/325	425/430	Oct 9	$2.56	$2.44	73%	1.05	$322.44	$427.56
350/352	425/430	Oct 9	$3.03	$1.97	63%	1.54	$349.47	$428.03

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 87 found (best R:R 70.43, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$395.00	$397.50	$400.00	Oct 2	$0.05	$2.45	8%	49.00
$440.00	$450.00	$460.00	Oct 16	$0.34	$9.66	7%	28.41
$360.00	$365.00	$370.00	Oct 9	$0.16	$4.84	8%	30.25
$430.00	$435.00	$440.00	Oct 2	$0.08	$4.92	4%	61.50
$430.00	$440.00	$450.00	Oct 16	$0.48	$9.52	9%	19.83

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$395.00	$400.00	$405.00	Oct 9	$0.07	$4.93	11%	70.43
$390.00	$392.50	$395.00	Oct 2	$0.08	$2.42	8%	30.25
$325.00	$330.00	$335.00	Oct 30	$0.06	$4.94	3%	82.33
$360.00	$362.50	$365.00	Oct 2	$0.06	$2.44	4%	40.67
$367.50	$370.00	$372.50	Oct 2	$0.09	$2.41	6%	26.78

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 91 found (best net $-18.43, 86 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$340.00	$365.00	1:2	Oct 23	-$18.43	$6.57
$425.00	$430.00	1:2	Oct 9	-$0.69	$4.31
$447.50	$450.00	1:2	Oct 2	-$0.08	$2.42
$460.00	$470.00	1:2	Oct 30	-$1.40	$8.60
$450.00	$455.00	1:2	Oct 2	-$0.26	$4.74

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$360.00	$340.00	1:2	Nov 6	-$1.58	$18.42
$412.50	$400.00	1:2	Oct 2	-$7.03	$5.47
$332.50	$330.00	1:2	Oct 2	-$0.02	$2.48
$347.50	$345.00	1:2	Oct 2	-$0.10	$2.40
$325.00	$320.00	1:2	Oct 9	-$0.19	$4.81

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 72 found (best yield 5.37%, avg 1.87%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$400.00	Nov 6	$21.05	0.49	2.0%	5.37%	7.39%	--	16
$405.00	Oct 30	$17.65	0.45	3.3%	4.50%	7.79%	--	148
$425.00	Oct 30	$11.45	0.33	8.4%	2.92%	11.31%	--	24
$410.00	Oct 30	$14.25	0.41	4.6%	3.63%	8.20%	--	56
$420.00	Oct 30	$11.25	0.36	7.1%	2.87%	9.99%	--	102
$395.00	Oct 30	$19.35	0.50	0.7%	4.94%	5.68%	--	174
$400.00	Oct 30	$17.05	0.47	2.0%	4.35%	6.37%	--	362
$430.00	Oct 30	$9.10	0.30	9.7%	2.32%	11.99%	--	631
$415.00	Oct 30	$11.70	0.38	5.8%	2.98%	8.83%	--	25
$395.00	Oct 23	$18.80	0.52	0.7%	4.79%	5.54%	--	51

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls --

Total Puts --

Put/Call Ratio 1.00

Net Difference --

Prior's Put/Call Breakdown

Total Calls 27,010

Total Puts 21,327

Put/Call Ratio 0.79

Net Difference 5,683

Prior 7-Day Put/Call Summary

Total Calls 252,041

Total Puts 152,383

Average Put/Call Ratio 0.62

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
Loading data...

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

Add Card