PANW - Options Database

PANW

PALO ALTO NETWORKS I

$405.57 -3.42%

$407.00 (+0.35%)🌙

as of 10/07 06:38 PM

(10/6 18:39) ◀

Wednesday, October 7, 2026 (6:38pm)

▶

◀ 10/7 18:38

Option Volume

Detail

ℹ

Current (10/07) 25,136

Calls: 11,766 (47%)

Puts: 13,370 (53%)

Prior (10/06) 48,382

Calls: 25,801 (53%)

Puts: 22,581 (47%)

Current vs Prior -48.05%

Calls: -54.40% (Calls)

Puts: -40.79% (Puts)

Prior 7-Day Total 224,563

Calls: 122,505 (55%)

Puts: 102,058 (45%)

Prior 7-Day Average 37,427

Calls: 17,500 (55%)

Puts: 14,579 (45%)

Current vs Prior 7-Day Avg -32.84%

Calls: -32.77%

Puts: -8.30%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (10/07) $70.35M

Calls: $54.02M (77%)

Puts: $16.32M (23%)

Prior (10/06) $160.57M

Calls: $132.35M (82%)

Puts: $28.22M (18%)

Current vs Prior -56.19%

Calls: -59.18%

Puts: -42.14%

Prior 7-Day Total $590.01M

Calls: $475.36M (81%)

Puts: $114.65M (19%)

Prior 7-Day Average $98.34M

Calls: $67.91M (81%)

Puts: $16.38M (19%)

Current vs Prior 7-Day Avg -28.46%

Calls: -20.45%

Puts: -0.33%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/07) 1.14

Prior (10/06) 0.88

Current vs Prior +29.84%

Prior 7-Day Average 0.87

Current vs Prior 7-Day Avg +30.91%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (10/07) 267,536

Calls: 135,282 (51%)

Puts: 132,254 (49%)

Prior (10/06) 300,528

Calls: 169,247 (56%)

Puts: 131,281 (44%)

Current vs Prior -10.98%

Prior 7-Day Total 1,941,296

Calls: 1,077,115 (55%)

Puts: 864,181 (45%)

Prior 7-Day Average 277,328

Calls: 153,873 (55%)

Puts: 123,454 (45%)

Current vs Prior 7-Day Avg -3.53%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 3.52% | 6.32%6.32% | 16.33%

Prior 4.08% | 6.59%6.59% | 16.26%

Current vs Prior -13.81% | -4.13%-4.13% | +0.40%

Prior 7-Day Avg 4.37% | 7.02%8.31% | 17.57%

Current vs 7-Day Avg -19.55% | -9.92%-23.96% | -7.06%

Prior 7-Day Eod 4.08% | 6.59%6.59% | 16.26%

Current vs 7-Day Eod -13.81% | -4.13%-4.13% | +0.40%

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 25.63% | 14.56%

Calls: 20.99% | 14.10%

Puts: 30.27% | 15.01%

Current vs 7-Day Avg +32.57% | -5.68%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 77% of dollar volume in calls ($54.02M) vs puts ($16.32M). Light premium activity with dollar volume down 56% vs prior. Below-average activity with volume down 48% vs prior. Slightly bearish P/C ratio of 1.14.

Smart Money BULLISH

Retail Flow BEARISH

Overall BEARISH

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 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

🎯

Tightest Spreads

💰

Best Value <$1

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High Delta

⚖️

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 15 of results (avg 7.9%, best 4.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$410.00	Oct 16	9.80	10.35	$10.07	5.5%	261	0.47	1.2K
$430.00	Nov 13	16.50	17.65	$17.08	6.7%	6	0.39	13
$420.00	Oct 16	6.05	6.50	$6.28	7.2%	216	0.34	1.7K
$345.00	Oct 30	62.35	67.80	$65.08	8.4%	1	0.92	4
$327.50	Oct 9	75.75	82.60	$79.18	8.7%	1	0.97	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$380.00	Nov 20	17.20	18.00	$17.60	4.5%	67	0.33	1.6K
$390.00	Oct 16	5.30	5.60	$5.45	5.5%	524	0.28	249
$390.00	Nov 20	20.80	22.20	$21.50	6.5%	83	0.38	585
$350.00	Nov 20	8.00	8.70	$8.35	8.4%	130	0.19	643
$460.00	Nov 20	61.80	67.70	$64.75	9.1%	2	0.70	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.62, cheapest $0.54)

CALLS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$430.00	Oct 9	0.51	0.57	$0.54	11.1%	112	0.08	606

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$360.00	Oct 16	0.64	0.77	$0.71	18.3%	205	0.05	2.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 126 found (avg delta 0.75, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$330.00	Oct 9	72.35	80.10	$76.22	10.2%	1	1.00	--
$350.00	Oct 9	52.40	60.10	$56.25	13.7%	8	1.00	59
$335.00	Oct 9	67.35	75.10	$71.22	10.9%	1	1.00	--
$340.00	Oct 9	62.35	70.10	$66.22	11.7%	8	1.00	19
$342.50	Oct 9	59.85	67.60	$63.72	12.2%	6	1.00	4

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$430.00	Oct 9	20.75	28.50	$24.63	31.5%	7	0.96	--
$460.00	Oct 16	50.60	58.35	$54.48	14.2%	220	0.96	239
$455.00	Oct 16	45.85	54.00	$49.93	16.3%	220	0.94	220
$427.50	Oct 9	20.35	24.65	$22.50	19.1%	25	0.93	39
$425.00	Oct 9	16.55	23.90	$20.23	36.3%	57	0.90	228

Most actively traded options today. High liquidity = easy entry/exit. 369 active (total vol 14.5K, top 524)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$430.00	Oct 16	3.70	4.10	$3.90	10.3%	512	0.23	2.5K
$420.00	Oct 9	1.52	1.71	$1.62	11.7%	394	0.20	409
$410.00	Oct 9	4.15	4.80	$4.47	14.5%	363	0.42	428
$440.00	Oct 9	0.10	0.30	$0.20	100.0%	322	0.03	585
$410.00	Oct 16	9.80	10.35	$10.07	5.5%	261	0.47	1.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$390.00	Oct 16	5.30	5.60	$5.45	5.5%	524	0.28	249
$390.00	Oct 9	0.76	1.35	$1.06	55.7%	452	0.13	1.0K
$375.00	Oct 9	0.10	0.30	$0.20	100.0%	365	0.03	190
$380.00	Oct 9	0.17	0.38	$0.28	75.0%	307	0.04	596
$400.00	Oct 9	2.81	4.00	$3.41	34.9%	286	0.33	496

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 20 strikes (avg 9.5%, max 20.4%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$395.00	Oct 9	Oct 30	52.9%	44.0%	20.4%	29	163
$422.50	Oct 9	Oct 23	51.8%	45.4%	14.2%	147	187
$397.50	Oct 9	Oct 23	52.8%	46.4%	13.9%	10	144
$417.50	Oct 9	Oct 23	52.5%	47.0%	11.7%	149	177
$412.50	Oct 9	Oct 23	50.9%	46.5%	9.5%	221	234

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$392.50	Oct 9	Oct 23	53.3%	46.1%	15.4%	105	147
$397.50	Oct 9	Oct 23	52.8%	46.4%	13.9%	57	268
$417.50	Oct 9	Oct 23	52.5%	47.0%	11.7%	18	101
$395.00	Oct 9	Nov 13	52.9%	47.6%	11.3%	222	245
$412.50	Oct 9	Oct 23	50.9%	46.5%	9.5%	12	38

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 229 found (best R:R 1.78, avg 5.91)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$385.00	$387.50	Oct 9	$0.90	$1.60	$0.90	92%	1.78	$385.90
$450.00	$460.00	Nov 20	$1.70	$8.30	$1.70	33%	4.88	$451.70
$430.00	$440.00	Nov 13	$2.28	$7.72	$2.28	39%	3.39	$432.28
$445.00	$450.00	Nov 13	$0.32	$4.68	$0.32	31%	14.63	$445.32
$440.00	$450.00	Nov 20	$2.25	$7.75	$2.25	37%	3.44	$442.25

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$420.00	$410.00	Nov 20	$3.97	$6.03	$3.97	54%	1.52	$416.03
$385.00	$380.00	Oct 30	$0.37	$4.63	$0.37	29%	12.51	$384.63
$385.00	$380.00	Nov 13	$0.80	$4.20	$0.80	34%	5.25	$384.20
$412.50	$410.00	Oct 16	$0.58	$1.92	$0.58	57%	3.31	$411.92
$405.00	$402.50	Oct 23	$0.35	$2.15	$0.35	46%	6.14	$404.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 186 found (best R:R 1.59, avg 0.47)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$440.00	$445.00	Nov 13	$2.85	$2.85	$2.15	65%	1.33	$442.85
$425.00	$435.00	Nov 6	$4.87	$4.87	$5.13	59%	0.95	$429.87
$412.50	$415.00	Oct 23	$2.25	$2.25	$0.25	54%	9.00	$414.75
$415.00	$420.00	Oct 30	$3.00	$3.00	$2.00	54%	1.50	$418.00
$420.00	$422.50	Oct 23	$1.58	$1.58	$0.92	60%	1.72	$421.58

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$375.00	$370.00	Nov 13	$3.07	$3.07	$1.93	72%	1.59	$371.93
$405.00	$400.00	Oct 30	$3.85	$3.85	$1.15	54%	3.35	$401.15
$380.00	$370.00	Nov 20	$4.10	$4.10	$5.90	67%	0.69	$375.90
$345.00	$340.00	Nov 13	$1.72	$1.72	$3.28	86%	0.52	$343.28
$375.00	$370.00	Oct 30	$2.15	$2.15	$2.85	77%	0.75	$372.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 13 found (avg debit $5.49, cheapest $4.79)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$400.00	Oct 9	Oct 16	$5.12	52.2%	45.0%
$415.00	Oct 9	Oct 16	$5.40	53.8%	46.9%
$410.00	Oct 9	Oct 16	$5.60	51.6%	45.3%
$402.50	Oct 9	Oct 16	$6.00	53.1%	47.5%
$412.50	Oct 9	Oct 16	$5.63	50.9%	45.7%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$400.00	Oct 9	Oct 16	$4.79	52.2%	45.0%
$410.00	Oct 9	Oct 16	$5.32	51.6%	45.3%
$402.50	Oct 9	Oct 16	$5.48	53.1%	47.5%
$412.50	Oct 9	Oct 16	$5.00	50.9%	45.7%
$405.00	Oct 9	Oct 16	$5.63	51.8%	47.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 90 found (cheapest 3.04% of stock, avg 8.23%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$405.00	Oct 9	$6.93	$5.40	$12.33	$392.67	$417.33	3.04%
$407.50	Oct 9	$5.43	$7.33	$12.76	$394.74	$420.26	3.15%
$402.50	Oct 9	$8.43	$4.45	$12.88	$389.62	$415.38	3.18%
$400.00	Oct 9	$9.73	$3.41	$13.14	$386.86	$413.14	3.24%
$412.50	Oct 9	$3.47	$9.93	$13.40	$399.10	$425.90	3.30%
$410.00	Oct 9	$4.47	$9.03	$13.50	$396.50	$423.50	3.33%
$397.50	Oct 9	$11.40	$2.69	$14.09	$383.41	$411.59	3.47%
$395.00	Oct 9	$12.93	$2.04	$14.97	$380.03	$409.97	3.69%
$415.00	Oct 9	$3.00	$12.10	$15.10	$399.90	$430.10	3.72%
$417.50	Oct 9	$2.22	$13.45	$15.67	$401.83	$433.17	3.86%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 1.05% of stock, avg 6.64%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$417.50	$395.00	Oct 9	$2.22	$2.04	$4.26	$390.74	$421.76
$417.50	$397.50	Oct 9	$2.22	$2.69	$4.91	$392.59	$422.41
$415.00	$395.00	Oct 9	$3.00	$2.04	$5.04	$389.96	$420.04
$415.00	$397.50	Oct 9	$3.00	$2.69	$5.69	$391.81	$420.69
$417.50	$400.00	Oct 9	$2.22	$3.41	$5.63	$394.37	$423.13
$412.50	$395.00	Oct 9	$3.47	$2.04	$5.51	$389.49	$418.01
$415.00	$400.00	Oct 9	$3.00	$3.41	$6.41	$393.59	$421.41
$412.50	$397.50	Oct 9	$3.47	$2.69	$6.16	$391.34	$418.66
$412.50	$400.00	Oct 9	$3.47	$3.41	$6.88	$393.12	$419.38
$417.50	$402.50	Oct 9	$2.22	$4.45	$6.67	$395.83	$424.17

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 327 found (best R:R 10.63, avg credit $1.81)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
340/345	440/445	Nov 13	$4.57	$0.43	51%	10.63	$340.43	$444.57
350/355	440/445	Nov 13	$4.37	$0.63	48%	6.94	$350.63	$444.37
330/335	440/445	Nov 13	$3.99	$1.01	56%	3.95	$331.01	$443.99
370/375	450/455	Nov 13	$4.50	$0.50	42%	9.00	$370.50	$454.50
375/380	440/445	Nov 13	$4.70	$0.30	34%	15.67	$375.30	$444.70
370/375	465/470	Nov 13	$3.90	$1.10	49%	3.55	$371.10	$468.90
365/370	440/445	Nov 13	$4.18	$0.82	41%	5.10	$365.82	$444.18
370/375	445/450	Oct 30	$3.65	$1.35	51%	2.70	$371.35	$448.65
355/360	440/445	Nov 13	$3.88	$1.12	46%	3.46	$356.12	$443.88
370/375	435/440	Oct 30	$3.79	$1.21	45%	3.13	$371.21	$438.79

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 139 found (best R:R 18.48, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$350.00	$365.00	$380.00	Oct 23	$0.77	$14.23	17%	18.48
$460.00	$470.00	$480.00	Oct 23	$0.15	$9.85	7%	65.67
$410.00	$420.00	$430.00	Nov 20	$0.43	$9.57	10%	22.26
$390.00	$392.50	$395.00	Oct 9	$0.05	$2.45	9%	49.00
$395.00	$400.00	$405.00	Oct 30	$0.19	$4.81	9%	25.32

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$380.00	$390.00	$400.00	Nov 20	$0.13	$9.87	11%	75.92
$395.00	$397.50	$400.00	Oct 9	$0.07	$2.43	11%	34.71
$380.00	$385.00	$390.00	Nov 6	$0.15	$4.85	7%	32.33
$350.00	$355.00	$360.00	Oct 30	$0.08	$4.92	4%	61.50
$387.50	$390.00	$392.50	Oct 16	$0.07	$2.43	6%	34.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 140 found (best net $-4.97, 135 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$470.00	$480.00	1:2	Oct 23	-$0.53	$9.47
$470.00	$480.00	1:2	Oct 16	-$0.23	$9.77
$460.00	$470.00	1:2	Oct 9	-$0.03	$9.97
$437.50	$440.00	1:2	Oct 9	-$0.08	$2.42
$435.00	$437.50	1:2	Oct 9	-$0.14	$2.36

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$455.00	$430.00	1:2	Oct 16	-$4.97	$20.03
$450.00	$420.00	1:2	Nov 20	-$15.40	$14.60
$345.00	$340.00	1:2	Oct 23	-$0.03	$4.97
$355.00	$350.00	1:2	Oct 23	-$0.18	$4.82
$335.00	$330.00	1:2	Oct 9	-$0.01	$4.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 94 found (best yield 5.75%, avg 1.82%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$420.00	Nov 20	$23.30	0.47	3.6%	5.75%	9.30%	66	645
$430.00	Nov 20	$19.00	0.41	6.0%	4.68%	10.71%	17	546
$450.00	Nov 20	$14.35	0.33	10.9%	3.54%	14.49%	62	1.2K
$440.00	Nov 20	$15.60	0.37	8.5%	3.85%	12.34%	20	986
$410.00	Nov 20	$26.00	0.52	1.1%	6.41%	7.50%	20	390
$460.00	Nov 20	$10.95	0.29	13.4%	2.70%	16.12%	5	663
$470.00	Nov 20	$9.75	0.26	15.9%	2.40%	18.29%	25	597
$430.00	Nov 13	$16.50	0.39	6.0%	4.07%	10.09%	6	13
$440.00	Nov 13	$12.40	0.35	8.5%	3.06%	11.55%	9	--
$480.00	Nov 20	$7.55	0.22	18.4%	1.86%	20.21%	16	426

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 11,766

Total Puts 13,370

Put/Call Ratio 1.14

Net Difference -1,604

Prior's Put/Call Breakdown

Total Calls 25,801

Total Puts 22,581

Put/Call Ratio 0.88

Net Difference 3,220

Prior 7-Day Put/Call Summary

Total Calls 122,505

Total Puts 102,058

Average Put/Call Ratio 0.87

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

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Price — Past 7 Days

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