PANW - Options Database

PANW

PALO ALTO NETWORKS I

$397.31 +2.29%

$398.47 (+0.29%)🌙

as of 10/01 12:25 AM

(9/29 18:49) ◀

Wednesday, September 30, 2026 (12:25am)

▶ (10/1 09:35)

◀ 9/30 00:25 ▶

Option Volume

Detail

ℹ

Current (10/01) 50,064

Calls: 27,688 (55%)

Puts: 22,376 (45%)

Prior (09/29) 29,481

Calls: 14,274 (48%)

Puts: 15,207 (52%)

Current vs Prior +69.82%

Calls: +93.98% (Calls)

Puts: +47.14% (Puts)

Prior 7-Day Total 262,504

Calls: 160,521 (61%)

Puts: 101,983 (39%)

Prior 7-Day Average 43,750

Calls: 22,931 (61%)

Puts: 14,569 (39%)

Current vs Prior 7-Day Avg +14.43%

Calls: +20.74%

Puts: +53.59%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/01) $85.17M

Calls: $62.13M (73%)

Puts: $23.04M (27%)

Prior (09/29) $55.75M

Calls: $27.26M (49%)

Puts: $28.49M (51%)

Current vs Prior +52.76%

Calls: +127.89%

Puts: -19.12%

Prior 7-Day Total $393.80M

Calls: $270.00M (69%)

Puts: $123.81M (31%)

Prior 7-Day Average $65.63M

Calls: $38.57M (69%)

Puts: $17.69M (31%)

Current vs Prior 7-Day Avg +29.76%

Calls: +61.07%

Puts: +30.29%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/01) 0.81

Prior (09/29) 1.07

Current vs Prior -24.14%

Prior 7-Day Average 0.72

Current vs Prior 7-Day Avg +12.29%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (10/01) 293,014

Calls: 160,275 (55%)

Puts: 132,739 (45%)

Prior (09/29) 266,588

Calls: 139,440 (52%)

Puts: 127,148 (48%)

Current vs Prior +9.91%

Prior 7-Day Total 1,949,672

Calls: 1,073,969 (55%)

Puts: 875,703 (45%)

Prior 7-Day Average 278,524

Calls: 153,424 (55%)

Puts: 125,100 (45%)

Current vs Prior 7-Day Avg +5.20%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 3.77% | 6.90%9.10% | 18.25%

Prior 4.69% | 7.20%9.44% | 18.07%

Current vs Prior -19.72% | -4.20%-3.55% | +0.98%

Prior 7-Day Avg 4.88% | 7.39%8.05% | 16.88%

Current vs 7-Day Avg -22.72% | -6.63%+13.12% | +8.10%

Prior 7-Day Eod 4.69% | 7.20%9.44% | 18.07%

Current vs 7-Day Eod -19.72% | -4.20%-3.55% | +0.98%

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

Moderately bullish flow with 73% call dollar volume ($62.13M). Elevated premium activity with dollar volume up 53% vs prior. Above-average activity with volume up 70% vs prior. P/C ratio dropping 24% - sentiment shifting bullish.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BEARISH

7-Day Avg BULLISH

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

Prior NEUTRAL

7-Day Avg NEUTRAL

Current NEUTRAL

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

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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 14 of results (avg 7.3%, best 3.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$400.00	Oct 16	15.80	16.40	$16.10	3.7%	989	0.50	3.0K
$335.00	Oct 16	63.75	66.90	$65.33	4.8%	1	0.93	570
$340.00	Oct 16	58.95	62.30	$60.63	5.5%	35	0.92	820
$330.00	Oct 16	67.15	71.65	$69.40	6.5%	24	0.93	950
$380.00	Oct 16	25.85	27.70	$26.78	6.9%	53	0.68	1.2K

PUTS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$400.00	Oct 16	17.00	18.35	$17.68	7.6%	243	0.50	273
$390.00	Oct 2	3.40	3.70	$3.55	8.5%	520	0.32	142
$460.00	Oct 16	60.40	65.75	$63.08	8.5%	1	0.91	--

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. 122 found (avg delta 0.74, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$330.00	Oct 9	64.70	70.50	$67.60	8.6%	2	1.00	--
$335.00	Oct 9	59.80	67.35	$63.58	11.9%	1	1.00	--
$330.00	Oct 2	64.25	69.95	$67.10	8.5%	16	1.00	118
$337.50	Oct 2	56.75	64.25	$60.50	12.4%	1	1.00	2
$342.50	Oct 2	51.75	59.30	$55.53	13.6%	7	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$450.00	Oct 2	50.20	56.00	$53.10	10.9%	39	1.00	6
$460.00	Oct 2	58.70	66.30	$62.50	12.2%	14	1.00	--
$435.00	Oct 2	33.95	41.05	$37.50	18.9%	4	0.94	--
$460.00	Oct 16	60.40	65.75	$63.08	8.5%	1	0.91	--
$420.00	Oct 2	22.20	24.70	$23.45	10.7%	54	0.90	9

Most actively traded options today. High liquidity = easy entry/exit. 363 active (total vol 31.4K, top 2.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$400.00	Oct 2	5.25	6.00	$5.63	13.3%	2.4K	0.45	2.0K
$405.00	Oct 2	3.40	4.50	$3.95	27.8%	1.3K	0.35	735
$420.00	Oct 2	0.77	1.00	$0.89	25.8%	1.1K	0.11	796
$450.00	Oct 16	2.76	3.25	$3.01	16.3%	1.1K	0.14	5.5K
$400.00	Oct 16	15.80	16.40	$16.10	3.7%	989	0.50	3.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$385.00	Oct 2	1.97	2.48	$2.23	22.9%	1.1K	0.22	482
$400.00	Oct 2	6.70	8.50	$7.60	23.7%	538	0.55	85
$390.00	Oct 2	3.40	3.70	$3.55	8.5%	520	0.32	142
$360.00	Oct 2	0.10	0.15	$0.13	38.5%	427	0.02	967
$387.50	Oct 2	2.37	3.55	$2.96	39.9%	397	0.27	384

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 24 strikes (avg 14.9%, max 23.5%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$387.50	Oct 2	Oct 16	60.6%	49.1%	23.5%	58	241
$415.00	Oct 2	Nov 6	60.8%	50.6%	20.3%	440	329
$400.00	Oct 2	Nov 6	58.3%	50.4%	15.7%	2.4K	2.0K
$392.50	Oct 2	Oct 16	59.7%	51.8%	15.2%	159	298
$385.00	Oct 2	Nov 6	59.6%	52.0%	14.6%	179	453

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$387.50	Oct 2	Oct 16	60.6%	49.1%	23.5%	404	391
$415.00	Oct 2	Oct 9	60.8%	50.8%	19.6%	12	12
$382.50	Oct 2	Oct 16	58.4%	49.3%	18.4%	137	87
$390.00	Oct 2	Oct 30	58.8%	50.4%	16.7%	526	178
$400.00	Oct 2	Nov 6	58.3%	50.4%	15.7%	549	87

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 226 found (best R:R 19.00, avg 4.70)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$420.00	$425.00	Nov 6	$0.25	$4.75	$0.25	41%	19.00	$420.25
$440.00	$450.00	Nov 6	$1.32	$8.68	$1.32	30%	6.58	$441.32
$375.00	$380.00	Nov 6	$2.23	$2.77	$2.23	68%	1.24	$377.23
$365.00	$367.50	Oct 16	$1.05	$1.45	$1.05	80%	1.38	$366.05
$400.00	$405.00	Nov 6	$1.60	$3.40	$1.60	52%	2.13	$401.60

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$385.00	$380.00	Oct 23	$0.83	$4.17	$0.83	38%	5.02	$384.17
$375.00	$370.00	Nov 6	$0.70	$4.30	$0.70	33%	6.14	$374.30
$395.00	$392.50	Oct 16	$0.32	$2.18	$0.32	46%	6.81	$394.68
$400.00	$397.50	Oct 16	$0.53	$1.97	$0.53	50%	3.72	$399.47
$390.00	$387.50	Oct 9	$0.32	$2.18	$0.32	39%	6.81	$389.68

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 176 found (best R:R 3.55, avg 0.59)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$450.00	$455.00	Oct 23	$2.58	$2.58	$2.42	80%	1.07	$452.58
$405.00	$410.00	Nov 6	$3.68	$3.68	$1.32	50%	2.79	$408.68
$400.00	$402.50	Oct 16	$2.37	$2.37	$0.13	50%	18.23	$402.37
$447.50	$450.00	Oct 2	$1.05	$1.05	$1.45	92%	0.72	$448.55
$425.00	$430.00	Nov 6	$2.77	$2.77	$2.23	61%	1.24	$427.77

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$380.00	$375.00	Oct 23	$3.90	$3.90	$1.10	66%	3.55	$376.10
$370.00	$365.00	Nov 6	$3.10	$3.10	$1.90	70%	1.63	$366.90
$322.50	$320.00	Oct 9	$1.60	$1.60	$0.90	94%	1.78	$320.90
$372.50	$370.00	Oct 16	$1.67	$1.67	$0.83	74%	2.01	$370.83
$380.00	$375.00	Oct 16	$2.47	$2.47	$2.53	68%	0.98	$377.53

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $5.89, cheapest $5.45)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$392.50	Oct 2	Oct 9	$5.55	59.7%	49.4%
$390.00	Oct 2	Oct 9	$5.95	58.8%	48.8%
$395.00	Oct 2	Oct 9	$6.28	58.9%	48.9%
$397.50	Oct 2	Oct 9	$5.90	58.5%	50.9%
$400.00	Oct 2	Oct 9	$5.87	58.3%	51.9%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$392.50	Oct 2	Oct 9	$5.45	59.7%	49.4%
$390.00	Oct 2	Oct 9	$5.20	58.8%	48.8%
$395.00	Oct 2	Oct 9	$5.55	58.9%	48.9%
$397.50	Oct 2	Oct 9	$6.15	58.5%	50.9%
$400.00	Oct 2	Oct 9	$5.88	58.3%	51.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 98 found (cheapest 3.33% of stock, avg 8.94%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$400.00	Oct 2	$5.63	$7.60	$13.23	$386.77	$413.23	3.33%
$397.50	Oct 2	$6.90	$6.65	$13.55	$383.95	$411.05	3.41%
$402.50	Oct 2	$4.30	$9.50	$13.80	$388.70	$416.30	3.47%
$395.00	Oct 2	$8.32	$5.50	$13.82	$381.18	$408.82	3.48%
$392.50	Oct 2	$10.13	$4.55	$14.68	$377.82	$407.18	3.69%
$405.00	Oct 2	$3.95	$11.00	$14.95	$390.05	$419.95	3.76%
$390.00	Oct 2	$11.75	$3.55	$15.30	$374.70	$405.30	3.85%
$407.50	Oct 2	$3.08	$12.78	$15.86	$391.64	$423.36	3.99%
$387.50	Oct 2	$12.93	$2.96	$15.89	$371.61	$403.39	4.00%
$410.00	Oct 2	$2.40	$14.93	$17.33	$392.67	$427.33	4.36%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 1.35% of stock, avg 6.82%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$410.00	$387.50	Oct 2	$2.40	$2.96	$5.36	$382.14	$415.36
$407.50	$387.50	Oct 2	$3.08	$2.96	$6.04	$381.46	$413.54
$410.00	$390.00	Oct 2	$2.40	$3.55	$5.95	$384.05	$415.95
$407.50	$390.00	Oct 2	$3.08	$3.55	$6.63	$383.37	$414.13
$405.00	$387.50	Oct 2	$3.95	$2.96	$6.91	$380.59	$411.91
$405.00	$390.00	Oct 2	$3.95	$3.55	$7.50	$382.50	$412.50
$410.00	$392.50	Oct 2	$2.40	$4.55	$6.95	$385.55	$416.95
$402.50	$387.50	Oct 2	$4.30	$2.96	$7.26	$380.24	$409.76
$407.50	$392.50	Oct 2	$3.08	$4.55	$7.63	$384.87	$415.13
$402.50	$390.00	Oct 2	$4.30	$3.55	$7.85	$382.15	$410.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 257 found (best R:R 19.83, avg credit $1.69)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
365/370	450/455	Oct 23	$4.76	$0.24	53%	19.83	$365.24	$454.76
330/335	450/455	Oct 23	$3.53	$1.47	70%	2.40	$331.47	$453.53
355/360	450/455	Oct 23	$4.04	$0.96	59%	4.21	$355.96	$454.04
345/350	450/455	Oct 23	$3.77	$1.23	64%	3.07	$346.23	$453.77
375/380	440/445	Oct 23	$4.71	$0.29	44%	16.24	$375.29	$444.71
375/380	430/435	Oct 23	$4.82	$0.18	37%	26.78	$375.18	$434.82
365/370	435/440	Oct 23	$4.18	$0.82	47%	5.10	$365.82	$439.18
340/345	450/455	Oct 23	$3.17	$1.83	67%	1.73	$341.83	$453.17
325/330	450/455	Oct 23	$2.85	$2.15	73%	1.33	$327.15	$452.85
335/340	450/455	Oct 23	$3.05	$1.95	68%	1.56	$336.95	$453.05

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 148 found (best R:R 70.43, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$415.00	$420.00	$425.00	Oct 16	$0.07	$4.93	8%	70.43
$420.00	$425.00	$430.00	Oct 16	$0.16	$4.84	8%	30.25
$415.00	$417.50	$420.00	Oct 2	$0.06	$2.44	6%	40.67
$410.00	$412.50	$415.00	Oct 9	$0.06	$2.44	6%	40.67
$377.50	$380.00	$382.50	Oct 2	$0.06	$2.44	6%	40.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$385.00	$390.00	$395.00	Oct 30	$0.14	$4.86	7%	34.71
$382.50	$385.00	$387.50	Oct 2	$0.10	$2.40	10%	24.00
$375.00	$377.50	$380.00	Oct 2	$0.06	$2.44	5%	40.67
$405.00	$407.50	$410.00	Oct 9	$0.07	$2.43	6%	34.71
$400.00	$405.00	$410.00	Oct 30	$0.16	$4.84	6%	30.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 126 found (best net $-9.40, 116 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$450.00	$460.00	1:2	Oct 16	-$0.49	$9.51
$460.00	$470.00	1:2	Oct 9	-$0.14	$9.86
$460.00	$470.00	1:2	Oct 23	-$1.11	$8.89
$462.50	$475.00	1:2	Oct 2	-$0.09	$12.41
$450.00	$455.00	1:2	Oct 23	-$0.80	$4.20

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$435.00	$420.00	1:2	Oct 2	-$9.40	$5.60
$430.00	$405.00	1:2	Nov 6	-$13.18	$11.82
$370.00	$367.50	1:2	Oct 2	-$0.05	$2.45
$352.50	$350.00	1:2	Oct 2	-$0.02	$2.48
$345.00	$342.50	1:2	Oct 2	-$0.02	$2.48

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 95 found (best yield 5.66%, avg 1.75%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$405.00	Nov 6	$22.50	0.50	1.9%	5.66%	7.60%	12	2
$410.00	Nov 6	$19.10	0.47	3.2%	4.81%	8.00%	3	5
$400.00	Nov 6	$23.45	0.52	0.7%	5.90%	6.58%	11	17
$415.00	Nov 6	$17.15	0.43	4.5%	4.32%	8.77%	6	--
$425.00	Nov 6	$13.85	0.39	7.0%	3.49%	10.46%	5	1
$430.00	Nov 6	$12.40	0.35	8.2%	3.12%	11.35%	3	3
$420.00	Nov 6	$14.10	0.41	5.7%	3.55%	9.26%	30	4
$435.00	Nov 6	$10.95	0.33	9.5%	2.76%	12.24%	3	3
$440.00	Nov 6	$9.65	0.30	10.7%	2.43%	13.17%	348	18
$400.00	Oct 30	$20.80	0.51	0.7%	5.24%	5.91%	21	359

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 27,688

Total Puts 22,376

Put/Call Ratio 0.81

Net Difference 5,312

Prior's Put/Call Breakdown

Total Calls 14,274

Total Puts 15,207

Put/Call Ratio 1.07

Net Difference -933

Prior 7-Day Put/Call Summary

Total Calls 160,521

Total Puts 101,983

Average Put/Call Ratio 0.72

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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