PANW - Options Database

PANW

PALO ALTO NETWORKS I

$388.41 -0.94%

$388.78 (+0.10%)🌙

as of 09/29 06:49 PM

(9/28 03:42) ◀

Tuesday, September 29, 2026 (6:49pm)

▶ (9/30 00:25)

◀ 9/29 18:49 ▶

Option Volume

Detail

ℹ

Current (09/29) 29,481

Calls: 14,274 (48%)

Puts: 15,207 (52%)

Prior (09/28) --

Calls: 27,010 (56%)

Puts: 21,327 (44%)

Current vs Prior +0.00%

Calls: -47.15% (Calls)

Puts: -28.70% (Puts)

Prior 7-Day Total 357,727

Calls: 226,581 (63%)

Puts: 131,146 (37%)

Prior 7-Day Average 59,621

Calls: 32,368 (63%)

Puts: 18,735 (37%)

Current vs Prior 7-Day Avg -50.55%

Calls: -55.90%

Puts: -18.83%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/29) $55.75M

Calls: $27.26M (49%)

Puts: $28.49M (51%)

Prior (09/28) --

Calls: $31.41M (63%)

Puts: $18.38M (37%)

Current vs Prior +0.00%

Calls: -13.22%

Puts: +55.05%

Prior 7-Day Total $582.67M

Calls: $438.85M (75%)

Puts: $143.82M (25%)

Prior 7-Day Average $97.11M

Calls: $62.69M (75%)

Puts: $20.55M (25%)

Current vs Prior 7-Day Avg -42.59%

Calls: -56.52%

Puts: +38.67%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (09/29) 1.07

Prior (09/28) 1.00

Current vs Prior +6.54%

Prior 7-Day Average 0.65

Current vs Prior 7-Day Avg +64.82%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/29) 266,588

Calls: 139,440 (52%)

Puts: 127,148 (48%)

Prior (09/28) 260,544

Calls: 144,073 (55%)

Puts: 116,471 (45%)

Current vs Prior +2.32%

Prior 7-Day Total 2,057,267

Calls: 1,139,557 (55%)

Puts: 917,710 (45%)

Prior 7-Day Average 293,895

Calls: 162,793 (55%)

Puts: 131,101 (45%)

Current vs Prior 7-Day Avg -9.29%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 4.69% | 7.20%9.44% | 18.07%

Prior 5.59% | 7.51%9.89% | 18.66%

Current vs Prior -15.97% | -4.09%-4.55% | -3.16%

Prior 7-Day Avg 5.01% | 7.49%7.51% | 16.25%

Current vs 7-Day Avg -6.37% | -3.94%+25.72% | +11.22%

Prior 7-Day Eod 5.59% | 7.51%9.89% | 18.66%

Current vs 7-Day Eod -15.97% | -4.09%-4.55% | -3.16%

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 14.50% | 15.66%

Calls: 7.31% | 18.69%

Puts: 21.70% | 12.62%

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

Liquidity Expensive

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🤖 AI Insights

Slightly bearish P/C ratio of 1.07.

Smart Money BEARISH

Retail Flow NEUTRAL

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Current NEUTRAL

Prior NEUTRAL

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

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Tightest Spreads

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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 23 of results (avg 7.4%, best 2.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$400.00	Oct 16	12.60	12.95	$12.77	2.7%	362	0.42	3.0K
$330.00	Oct 16	60.15	62.90	$61.53	4.5%	2	0.92	951
$350.00	Oct 16	42.65	44.70	$43.68	4.7%	29	0.84	1.4K
$340.00	Oct 16	51.15	53.65	$52.40	4.8%	4	0.89	--
$335.00	Oct 16	55.25	58.20	$56.73	5.2%	2	0.91	570

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$350.00	Oct 30	7.75	8.50	$8.13	9.2%	25	0.23	263
$450.00	Oct 23	61.25	67.55	$64.40	9.8%	2	0.85	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.76, cheapest $0.61)

CALLS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$425.00	Oct 2	0.56	0.65	$0.61	14.8%	86	0.06	332
$420.00	Oct 2	0.85	0.94	$0.90	10.0%	643	0.09	834

PUTS (0)

No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 102 found (avg delta 0.72, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$320.00	Oct 2	64.55	72.00	$68.28	10.9%	2	1.00	49
$330.00	Oct 2	54.35	62.00	$58.18	13.1%	1	1.00	--
$335.00	Oct 2	49.60	57.00	$53.30	13.9%	1	1.00	31
$340.00	Oct 2	47.70	52.00	$49.85	8.6%	1	1.00	--
$345.00	Oct 2	42.80	47.25	$45.03	9.9%	3	1.00	44

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$450.00	Oct 2	58.00	65.70	$61.85	12.4%	6	0.99	--
$435.00	Oct 2	43.00	50.85	$46.93	16.7%	1	0.95	--
$435.00	Oct 9	45.90	50.90	$48.40	10.3%	1	0.88	2
$412.50	Oct 2	22.25	28.40	$25.33	24.3%	7	0.85	18
$450.00	Oct 23	61.25	67.55	$64.40	9.8%	2	0.85	--

Most actively traded options today. High liquidity = easy entry/exit. 328 active (total vol 17.5K, top 1.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$390.00	Oct 2	7.35	7.75	$7.55	5.3%	1.3K	0.48	797
$430.00	Oct 16	4.65	5.55	$5.10	17.6%	816	0.21	2.6K
$400.00	Oct 2	3.90	4.20	$4.05	7.4%	786	0.30	1.8K
$420.00	Oct 2	0.85	0.94	$0.90	10.0%	643	0.09	834
$405.00	Oct 9	6.70	7.75	$7.23	14.5%	474	0.33	157

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$380.00	Oct 2	4.30	5.20	$4.75	18.9%	848	0.34	620
$347.50	Oct 16	3.00	4.30	$3.65	35.6%	541	0.15	11
$385.00	Oct 2	6.25	7.00	$6.63	11.3%	385	0.43	547
$355.00	Oct 2	0.45	0.76	$0.61	50.8%	343	0.06	547
$360.00	Oct 2	0.68	1.11	$0.90	47.8%	322	0.09	789

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 31 strikes (avg 16.9%, max 25.7%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$382.50	Oct 2	Oct 16	61.5%	49.7%	23.7%	67	156
$370.00	Oct 2	Oct 30	61.3%	49.9%	22.8%	53	397
$377.50	Oct 2	Oct 16	61.5%	50.5%	21.9%	31	413
$375.00	Oct 2	Oct 30	61.6%	50.7%	21.7%	26	259
$380.00	Oct 2	Nov 6	59.9%	50.3%	19.0%	229	578

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$372.50	Oct 2	Oct 16	61.7%	49.1%	25.7%	255	201
$382.50	Oct 2	Oct 16	61.5%	49.7%	23.7%	89	82
$377.50	Oct 2	Oct 16	61.5%	50.5%	21.9%	147	101
$370.00	Oct 2	Nov 6	61.3%	50.7%	21.0%	238	537
$380.00	Oct 2	Nov 6	59.9%	50.3%	19.0%	853	622

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 207 found (best R:R 2.76, avg 4.93)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$370.00	$375.00	Oct 30	$1.33	$3.67	$1.33	65%	2.76	$371.33
$425.00	$435.00	Nov 6	$1.55	$8.45	$1.55	32%	5.45	$426.55
$400.00	$405.00	Oct 23	$0.75	$4.25	$0.75	43%	5.67	$400.75
$380.00	$382.50	Oct 16	$0.29	$2.21	$0.29	60%	7.62	$380.29
$435.00	$445.00	Nov 6	$1.58	$8.42	$1.58	28%	5.33	$436.58

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$390.00	$387.50	Oct 9	$0.50	$2.00	$0.50	51%	4.00	$389.50
$360.00	$355.00	Oct 23	$0.60	$4.40	$0.60	26%	7.33	$359.40
$390.00	$385.00	Oct 30	$1.78	$3.22	$1.78	49%	1.81	$388.22
$345.00	$340.00	Oct 23	$0.22	$4.78	$0.22	16%	21.73	$344.78
$397.50	$395.00	Oct 9	$0.92	$1.58	$0.92	59%	1.72	$396.58

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 173 found (best R:R 1.26, avg 0.55)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$445.00	$450.00	Nov 6	$2.79	$2.79	$2.21	75%	1.26	$447.79
$447.50	$450.00	Oct 2	$1.31	$1.31	$1.19	92%	1.10	$448.81
$405.00	$410.00	Oct 23	$2.95	$2.95	$2.05	60%	1.44	$407.95
$457.50	$460.00	Oct 2	$1.09	$1.09	$1.41	93%	0.77	$458.59
$435.00	$445.00	Oct 23	$2.68	$2.68	$7.32	77%	0.37	$437.68

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$345.00	$340.00	Nov 6	$2.42	$2.42	$2.58	78%	0.94	$342.58
$387.50	$385.00	Oct 9	$2.35	$2.35	$0.15	52%	15.67	$385.15
$375.00	$370.00	Oct 23	$2.88	$2.88	$2.12	62%	1.36	$372.12
$375.00	$370.00	Nov 6	$2.81	$2.81	$2.19	61%	1.28	$372.19
$385.00	$380.00	Oct 30	$3.13	$3.13	$1.87	55%	1.67	$381.87

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 18 found (avg debit $5.14, cheapest $4.40)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$385.00	Oct 2	Oct 9	$5.25	58.9%	48.7%
$397.50	Oct 2	Oct 9	$4.85	62.1%	54.2%
$390.00	Oct 2	Oct 9	$4.90	60.6%	52.9%
$380.00	Oct 2	Oct 9	$4.87	59.9%	52.6%
$400.00	Oct 2	Oct 9	$4.95	61.9%	55.2%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$385.00	Oct 2	Oct 9	$4.40	58.9%	48.7%
$400.00	Oct 2	Oct 16	$7.58	61.9%	53.7%
$390.00	Oct 2	Oct 9	$4.38	60.6%	52.9%
$380.00	Oct 2	Oct 9	$5.00	59.9%	52.6%
$387.50	Oct 2	Oct 9	$5.48	59.6%	53.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 73 found (cheapest 4.28% of stock, avg 8.88%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$387.50	Oct 2	$8.73	$7.90	$16.63	$370.87	$404.13	4.28%
$385.00	Oct 2	$10.13	$6.63	$16.76	$368.24	$401.76	4.32%
$390.00	Oct 2	$7.55	$9.50	$17.05	$372.95	$407.05	4.39%
$382.50	Oct 2	$11.50	$5.90	$17.40	$365.10	$399.90	4.48%
$392.50	Oct 2	$6.48	$10.93	$17.41	$375.09	$409.91	4.48%
$380.00	Oct 2	$13.18	$4.75	$17.93	$362.07	$397.93	4.62%
$395.00	Oct 2	$5.57	$12.40	$17.97	$377.03	$412.97	4.63%
$377.50	Oct 2	$14.20	$4.12	$18.32	$359.18	$395.82	4.72%
$400.00	Oct 2	$4.05	$15.77	$19.82	$380.18	$419.82	5.10%
$375.00	Oct 2	$16.50	$3.39	$19.89	$355.11	$394.89	5.12%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 2.10% of stock, avg 6.91%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$400.00	$377.50	Oct 2	$4.05	$4.12	$8.17	$369.33	$408.17
$400.00	$380.00	Oct 2	$4.05	$4.75	$8.80	$371.20	$408.80
$397.50	$377.50	Oct 2	$4.83	$4.12	$8.95	$368.55	$406.45
$397.50	$380.00	Oct 2	$4.83	$4.75	$9.58	$370.42	$407.08
$395.00	$377.50	Oct 2	$5.57	$4.12	$9.69	$367.81	$404.69
$400.00	$382.50	Oct 2	$4.05	$5.90	$9.95	$372.55	$409.95
$395.00	$380.00	Oct 2	$5.57	$4.75	$10.32	$369.68	$405.32
$397.50	$382.50	Oct 2	$4.83	$5.90	$10.73	$371.77	$408.23
$395.00	$382.50	Oct 2	$5.57	$5.90	$11.47	$371.03	$406.47
$400.00	$385.00	Oct 2	$4.05	$6.63	$10.68	$374.32	$410.68

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 267 found (best R:R 11.20, avg credit $1.73)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
350/355	445/450	Nov 6	$4.59	$0.41	47%	11.20	$350.41	$449.59
345/350	445/450	Nov 6	$4.37	$0.63	50%	6.94	$345.63	$449.37
325/330	445/450	Nov 6	$3.52	$1.48	60%	2.38	$326.48	$448.52
320/325	445/450	Nov 6	$3.34	$1.66	62%	2.01	$321.66	$448.34
330/335	445/450	Nov 6	$3.49	$1.51	58%	2.31	$331.51	$448.49
335/340	445/450	Nov 6	$3.44	$1.56	57%	2.21	$336.56	$448.44
335/338	415/418	Oct 9	$1.97	$0.53	68%	3.72	$335.53	$416.97
340/342	415/418	Oct 9	$1.92	$0.58	67%	3.31	$340.58	$416.92
320/322	415/418	Oct 9	$1.62	$0.88	73%	1.84	$320.88	$416.62
315/320	425/430	Oct 30	$2.92	$2.08	60%	1.40	$317.08	$427.92

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 115 found (best R:R 61.50, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$380.00	$385.00	$390.00	Oct 30	$0.08	$4.92	7%	61.50
$425.00	$430.00	$435.00	Oct 23	$0.06	$4.94	4%	82.33
$415.00	$420.00	$425.00	Oct 16	$0.15	$4.85	7%	32.33
$387.50	$390.00	$392.50	Oct 2	$0.11	$2.39	9%	21.73
$402.50	$405.00	$407.50	Oct 9	$0.07	$2.43	5%	34.71

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$330.00	$335.00	$340.00	Oct 30	$0.05	$4.95	4%	99.00
$370.00	$372.50	$375.00	Oct 2	$0.05	$2.45	7%	49.00
$370.00	$375.00	$380.00	Oct 30	$0.15	$4.85	7%	32.33
$372.50	$375.00	$377.50	Oct 2	$0.10	$2.40	8%	24.00
$367.50	$370.00	$372.50	Oct 2	$0.10	$2.40	7%	24.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 121 found (best net $-3.73, 116 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$335.00	$360.00	1:2	Oct 23	-$18.60	$6.40
$405.00	$425.00	1:2	Nov 6	-$5.32	$14.68
$435.00	$445.00	1:2	Oct 23	-$1.57	$8.43
$450.00	$460.00	1:2	Oct 16	-$0.72	$9.28
$427.50	$430.00	1:2	Oct 2	-$0.02	$2.48

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$435.00	$412.50	1:2	Oct 2	-$3.73	$18.77
$435.00	$415.00	1:2	Oct 9	-$14.66	$5.34
$430.00	$410.00	1:2	Oct 16	-$14.20	$5.80
$340.00	$337.50	1:2	Oct 2	$0.00	$2.50
$327.50	$325.00	1:2	Oct 2	-$0.01	$2.49

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 93 found (best yield 5.95%, avg 1.68%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$390.00	Nov 6	$23.10	0.52	0.4%	5.95%	6.36%	2	17
$400.00	Nov 6	$18.50	0.46	3.0%	4.76%	7.75%	1	--
$405.00	Nov 6	$16.00	0.43	4.3%	4.12%	8.39%	1	--
$400.00	Oct 30	$17.70	0.45	3.0%	4.56%	7.54%	39	359
$425.00	Nov 6	$10.45	0.32	9.4%	2.69%	12.11%	1	--
$390.00	Oct 30	$20.50	0.51	0.4%	5.28%	5.69%	14	69
$395.00	Oct 30	$18.00	0.48	1.7%	4.63%	6.33%	8	181
$420.00	Oct 30	$10.45	0.34	8.1%	2.69%	10.82%	8	105
$405.00	Oct 30	$14.05	0.41	4.3%	3.62%	7.89%	18	150
$410.00	Oct 30	$12.65	0.38	5.6%	3.26%	8.82%	2	87

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 14,274

Total Puts 15,207

Put/Call Ratio 1.07

Net Difference -933

Prior's Put/Call Breakdown

Total Calls 27,010

Total Puts 21,327

Put/Call Ratio 1.00

Net Difference 5,683

Prior 7-Day Put/Call Summary

Total Calls 226,581

Total Puts 131,146

Average Put/Call Ratio 0.65

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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