PANW - Options Database

PANW

PALO ALTO NETWORKS I

$419.91 +3.23%

$420.01 (+0.02%)🌙

as of 10/06 06:39 PM

(10/5 18:39) ◀

Tuesday, October 6, 2026 (6:39pm)

▶ (10/7 18:38)

◀ 10/6 18:39 ▶

Option Volume

Detail

ℹ

Current (10/06) 48,382

Calls: 25,801 (53%)

Puts: 22,581 (47%)

Prior (10/05) 32,638

Calls: 16,353 (50%)

Puts: 16,285 (50%)

Current vs Prior +48.24%

Calls: +57.78% (Calls)

Puts: +38.66% (Puts)

Prior 7-Day Total 224,518

Calls: 123,714 (55%)

Puts: 100,804 (45%)

Prior 7-Day Average 37,419

Calls: 17,673 (55%)

Puts: 14,400 (45%)

Current vs Prior 7-Day Avg +29.30%

Calls: +45.99%

Puts: +56.81%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/06) $160.57M

Calls: $132.35M (82%)

Puts: $28.22M (18%)

Prior (10/05) $119.89M

Calls: $106.15M (89%)

Puts: $13.73M (11%)

Current vs Prior +33.93%

Calls: +24.68%

Puts: +105.48%

Prior 7-Day Total $479.23M

Calls: $374.42M (78%)

Puts: $104.81M (22%)

Prior 7-Day Average $79.87M

Calls: $53.49M (78%)

Puts: $14.97M (22%)

Current vs Prior 7-Day Avg +101.03%

Calls: +147.44%

Puts: +88.44%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/06) 0.88

Prior (10/05) 1.00

Current vs Prior -12.11%

Prior 7-Day Average 0.86

Current vs Prior 7-Day Avg +2.27%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (10/06) 300,528

Calls: 169,247 (56%)

Puts: 131,281 (44%)

Prior (10/05) 273,158

Calls: 144,531 (53%)

Puts: 128,627 (47%)

Current vs Prior +10.02%

Prior 7-Day Total 1,904,714

Calls: 1,049,397 (55%)

Puts: 855,317 (45%)

Prior 7-Day Average 272,102

Calls: 149,913 (55%)

Puts: 122,188 (45%)

Current vs Prior 7-Day Avg +10.45%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 4.08% | 6.59%6.59% | 16.26%

Prior 4.51% | 6.90%6.90% | 16.23%

Current vs Prior -9.57% | -4.51%-4.51% | +0.21%

Prior 7-Day Avg 4.61% | 7.21%8.80% | 17.92%

Current vs 7-Day Avg -11.58% | -8.64%-25.08% | -9.24%

Prior 7-Day Eod 4.51% | 6.90%6.90% | 16.23%

Current vs 7-Day Eod -9.57% | -4.51%-4.51% | +0.21%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 33.98% | 13.73%

Calls: 31.25% | 10.65%

Puts: 36.70% | 16.80%

Prior 33.98% | 13.73%

Calls: 31.25% | 10.65%

Puts: 36.70% | 16.80%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 22.85% | 14.83%

Calls: 17.57% | 15.24%

Puts: 28.13% | 14.41%

Current vs 7-Day Avg +48.72% | -7.44%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($132.35M) vs puts ($28.22M). Dollar volume significantly above 7-day average (101% higher).

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 NEUTRAL

Prior NEUTRAL

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

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High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 17 of results (avg 8.9%, best 6.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$360.00	Oct 16	60.55	64.50	$62.53	6.3%	37	0.94	738
$430.00	Oct 16	8.60	9.30	$8.95	7.8%	857	0.40	2.9K
$427.50	Oct 16	9.50	10.30	$9.90	8.1%	32	0.42	1
$400.00	Nov 20	40.80	44.45	$42.63	8.6%	85	0.65	1.8K
$390.00	Oct 16	32.80	35.85	$34.33	8.9%	192	0.83	800

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$420.00	Oct 9	7.50	8.15	$7.83	8.3%	409	0.49	25
$400.00	Oct 30	11.45	12.50	$11.98	8.8%	148	0.32	55
$450.00	Oct 23	34.70	38.00	$36.35	9.1%	1	0.73	3
$440.00	Oct 16	23.85	26.25	$25.05	9.6%	2	0.71	--
$417.50	Oct 23	14.85	16.35	$15.60	9.6%	23	0.46	--

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. 146 found (avg delta 0.75, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$340.00	Oct 16	77.00	84.95	$80.97	9.8%	15	1.00	781
$350.00	Oct 16	66.70	75.05	$70.88	11.8%	91	1.00	1.4K
$337.50	Oct 9	78.75	86.90	$82.83	9.8%	4	1.00	--
$340.00	Oct 9	76.30	84.40	$80.35	10.1%	5	1.00	19
$345.00	Oct 9	71.80	79.40	$75.60	10.1%	11	0.99	20

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$460.00	Oct 9	36.00	44.15	$40.08	20.3%	1	0.95	--
$455.00	Oct 9	31.15	39.30	$35.22	23.1%	5	0.94	--
$452.50	Oct 9	28.80	36.90	$32.85	24.7%	2	0.93	--
$457.50	Oct 9	33.60	41.70	$37.65	21.5%	4	0.93	--
$470.00	Oct 16	46.80	54.90	$50.85	15.9%	2	0.92	--

Most actively traded options today. High liquidity = easy entry/exit. 387 active (total vol 31.2K, top 1.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$430.00	Oct 16	8.60	9.30	$8.95	7.8%	857	0.40	2.9K
$450.00	Oct 9	0.69	0.86	$0.77	22.1%	731	0.08	551
$445.00	Oct 9	1.08	1.26	$1.17	15.4%	684	0.12	750
$430.00	Oct 9	3.60	4.50	$4.05	22.2%	665	0.32	503
$420.00	Oct 16	12.25	14.55	$13.40	17.2%	659	0.51	1.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$430.00	Nov 20	33.35	37.85	$35.60	12.6%	1.4K	0.51	80
$390.00	Oct 9	0.42	0.73	$0.57	54.4%	1.1K	0.06	287
$390.00	Nov 20	16.45	18.90	$17.67	13.9%	937	0.31	973
$365.00	Oct 9	0.00	0.14	$0.07	200.0%	592	0.01	643
$425.00	Oct 9	9.70	11.45	$10.58	16.5%	506	0.59	42

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 14 strikes (avg 13.0%, max 25.3%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$402.50	Oct 9	Oct 16	53.3%	42.5%	25.3%	108	218
$415.00	Oct 9	Nov 13	53.1%	46.8%	13.4%	182	367
$417.50	Oct 9	Oct 23	53.4%	47.1%	13.3%	81	147
$407.50	Oct 9	Oct 23	53.5%	47.4%	12.9%	62	148
$405.00	Oct 9	Nov 13	52.8%	47.9%	10.2%	506	748

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$402.50	Oct 9	Oct 16	53.3%	42.5%	25.3%	62	199
$415.00	Oct 9	Nov 13	53.1%	46.8%	13.4%	73	13
$417.50	Oct 9	Oct 23	53.4%	47.1%	13.3%	330	270
$407.50	Oct 9	Oct 23	53.5%	47.4%	12.9%	40	31
$405.00	Oct 9	Nov 13	52.8%	47.9%	10.2%	247	214

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 254 found (best R:R 0.97, avg 4.93)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$390.00	$400.00	Nov 6	$5.07	$4.93	$5.07	73%	0.97	$395.07
$480.00	$490.00	Nov 20	$0.90	$9.10	$0.90	28%	10.11	$480.90
$400.00	$410.00	Nov 20	$4.58	$5.42	$4.58	65%	1.18	$404.58
$410.00	$420.00	Nov 20	$4.20	$5.80	$4.20	60%	1.38	$414.20
$470.00	$490.00	Nov 6	$2.29	$17.71	$2.29	24%	7.73	$472.29

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$405.00	$400.00	Oct 30	$0.40	$4.60	$0.40	35%	11.50	$404.60
$405.00	$400.00	Nov 6	$0.53	$4.47	$0.53	37%	8.43	$404.47
$415.00	$410.00	Nov 13	$0.92	$4.08	$0.92	44%	4.43	$414.08
$400.00	$395.00	Nov 13	$0.95	$4.05	$0.95	35%	4.26	$399.05
$390.00	$385.00	Nov 6	$0.60	$4.40	$0.60	27%	7.33	$389.40

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 195 found (best R:R 2.40, avg 0.42)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$480.00	$490.00	Nov 13	$3.12	$3.12	$6.88	76%	0.45	$483.12
$420.00	$425.00	Oct 30	$3.38	$3.38	$1.62	47%	2.09	$423.38
$440.00	$450.00	Nov 13	$4.50	$4.50	$5.50	58%	0.82	$444.50
$465.00	$470.00	Nov 6	$1.78	$1.78	$3.22	73%	0.55	$466.78
$455.00	$460.00	Oct 30	$1.90	$1.90	$3.10	70%	0.61	$456.90

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$395.00	$390.00	Nov 6	$3.53	$3.53	$1.47	69%	2.40	$391.47
$365.00	$360.00	Nov 6	$2.16	$2.16	$2.84	84%	0.76	$362.84
$415.00	$405.00	Oct 30	$5.42	$5.42	$4.58	56%	1.18	$409.58
$410.00	$405.00	Nov 13	$3.21	$3.21	$1.79	59%	1.79	$406.79
$410.00	$405.00	Nov 6	$3.12	$3.12	$1.88	60%	1.66	$406.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 16 found (avg debit $5.00, cheapest $4.15)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$412.50	Oct 9	Oct 16	$5.25	52.6%	43.9%
$417.50	Oct 9	Oct 16	$5.08	53.4%	46.8%
$415.00	Oct 9	Oct 16	$4.80	53.1%	46.6%
$427.50	Oct 9	Oct 16	$4.97	53.8%	48.4%
$430.00	Oct 9	Oct 16	$4.90	53.3%	48.3%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$412.50	Oct 9	Oct 16	$4.15	52.6%	43.9%
$417.50	Oct 9	Oct 16	$5.05	53.4%	46.8%
$415.00	Oct 9	Oct 16	$4.95	53.1%	46.6%
$427.50	Oct 9	Oct 16	$4.50	53.8%	48.4%
$430.00	Oct 9	Oct 16	$4.55	53.3%	48.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 105 found (cheapest 3.77% of stock, avg 9.20%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$420.00	Oct 9	$7.98	$7.83	$15.81	$404.19	$435.81	3.77%
$422.50	Oct 9	$6.93	$9.00	$15.93	$406.57	$438.43	3.79%
$417.50	Oct 9	$9.30	$6.78	$16.08	$401.42	$433.58	3.83%
$425.00	Oct 9	$5.78	$10.58	$16.36	$408.64	$441.36	3.90%
$415.00	Oct 9	$11.10	$5.65	$16.75	$398.25	$431.75	3.99%
$427.50	Oct 9	$4.93	$12.38	$17.31	$410.19	$444.81	4.12%
$412.50	Oct 9	$12.73	$4.63	$17.36	$395.14	$429.86	4.13%
$430.00	Oct 9	$4.05	$13.80	$17.85	$412.15	$447.85	4.25%
$410.00	Oct 9	$14.35	$3.72	$18.07	$391.93	$428.07	4.30%
$407.50	Oct 9	$16.02	$3.17	$19.19	$388.31	$426.69	4.57%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 1.72% of stock, avg 7.01%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$432.50	$410.00	Oct 9	$3.50	$3.72	$7.22	$402.78	$439.72
$430.00	$410.00	Oct 9	$4.05	$3.72	$7.77	$402.23	$437.77
$432.50	$412.50	Oct 9	$3.50	$4.63	$8.13	$404.37	$440.63
$430.00	$412.50	Oct 9	$4.05	$4.63	$8.68	$403.82	$438.68
$427.50	$410.00	Oct 9	$4.93	$3.72	$8.65	$401.35	$436.15
$427.50	$412.50	Oct 9	$4.93	$4.63	$9.56	$402.94	$437.06
$432.50	$415.00	Oct 9	$3.50	$5.65	$9.15	$405.85	$441.65
$430.00	$415.00	Oct 9	$4.05	$5.65	$9.70	$405.30	$439.70
$425.00	$410.00	Oct 9	$5.78	$3.72	$9.50	$400.50	$434.50
$427.50	$415.00	Oct 9	$4.93	$5.65	$10.58	$404.42	$438.08

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 292 found (best R:R 3.72, avg credit $1.83)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
360/365	465/470	Nov 6	$3.94	$1.06	57%	3.72	$361.06	$468.94
390/395	460/465	Nov 6	$4.40	$0.60	40%	7.33	$390.60	$464.40
360/365	455/460	Nov 6	$3.64	$1.36	52%	2.68	$361.36	$458.64
360/365	450/455	Nov 6	$3.78	$1.22	49%	3.10	$361.22	$453.78
390/395	455/460	Oct 30	$4.10	$0.90	41%	4.56	$390.90	$459.10
370/375	465/470	Nov 6	$3.38	$1.62	53%	2.09	$371.62	$468.38
345/350	465/470	Nov 6	$2.62	$2.38	64%	1.10	$347.38	$467.62
385/390	455/460	Oct 30	$3.55	$1.45	45%	2.45	$386.45	$458.55
360/365	460/465	Nov 6	$3.03	$1.97	55%	1.54	$361.97	$463.03
385/390	465/470	Nov 13	$3.75	$1.25	41%	3.00	$386.25	$468.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 162 found (best R:R 51.63, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$470.00	$480.00	$490.00	Oct 30	$0.19	$9.81	8%	51.63
$400.00	$410.00	$420.00	Nov 20	$0.38	$9.62	10%	25.32
$430.00	$435.00	$440.00	Oct 16	$0.18	$4.82	11%	26.78
$470.00	$480.00	$490.00	Oct 16	$0.14	$9.86	4%	70.43
$407.50	$410.00	$412.50	Oct 9	$0.05	$2.45	9%	49.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$360.00	$370.00	$380.00	Nov 20	$0.21	$9.79	8%	46.62
$400.00	$402.50	$405.00	Oct 9	$0.05	$2.45	6%	49.00
$412.50	$415.00	$417.50	Oct 9	$0.11	$2.39	10%	21.73
$410.00	$412.50	$415.00	Oct 9	$0.11	$2.39	10%	21.73
$417.50	$420.00	$422.50	Oct 9	$0.12	$2.38	10%	19.83

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 129 found (best net $-24.93, 119 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$350.00	$380.00	1:2	Nov 6	-$24.93	$5.07
$470.00	$490.00	1:2	Nov 6	-$3.12	$16.88
$470.00	$480.00	1:2	Oct 16	-$0.38	$9.62
$470.00	$480.00	1:2	Oct 23	-$1.07	$8.93
$480.00	$490.00	1:2	Oct 16	-$0.28	$9.72

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$385.00	$382.50	1:2	Oct 9	$0.00	$2.50
$352.50	$350.00	1:2	Oct 16	-$0.01	$2.49
$372.50	$370.00	1:2	Oct 9	-$0.01	$2.49
$360.00	$357.50	1:2	Oct 9	-$0.02	$2.48
$347.50	$345.00	1:2	Oct 16	-$0.07	$2.43

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 92 found (best yield 7.62%, avg 2.14%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$420.00	Nov 20	$32.00	0.55	0.0%	7.62%	7.64%	177	587
$430.00	Nov 20	$26.90	0.50	2.4%	6.41%	8.81%	147	462
$440.00	Nov 20	$21.95	0.45	4.8%	5.23%	10.01%	257	891
$450.00	Nov 20	$18.80	0.40	7.2%	4.48%	11.64%	136	1.2K
$460.00	Nov 20	$15.30	0.35	9.6%	3.64%	13.19%	38	656
$470.00	Nov 20	$12.50	0.32	11.9%	2.98%	14.91%	41	571
$480.00	Nov 20	$11.65	0.28	14.3%	2.77%	17.08%	56	407
$490.00	Nov 20	$9.85	0.26	16.7%	2.35%	19.04%	58	378
$500.00	Nov 20	$8.55	0.22	19.1%	2.04%	21.11%	290	1.4K
$425.00	Nov 13	$23.25	0.50	1.2%	5.54%	6.75%	16	6

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 25,801

Total Puts 22,581

Put/Call Ratio 0.88

Net Difference 3,220

Prior's Put/Call Breakdown

Total Calls 16,353

Total Puts 16,285

Put/Call Ratio 1.00

Net Difference 68

Prior 7-Day Put/Call Summary

Total Calls 123,714

Total Puts 100,804

Average Put/Call Ratio 0.86

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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