PANW - Options Database

PANW

PALO ALTO NETWORKS I

$359.29 -3.97%

(8/19 13:01) ◀

Wednesday, August 19, 2026 (2:00pm)

▶ (8/19 15:01)

◀ 8/19 14:01 ▶

Option Volume

Detail

ℹ

Current (08/19 2:00pm) 24,500

Calls: 11,367 (46%)

Puts: 13,133 (54%)

Prior (08/03) 27,673

Calls: 15,363 (56%)

Puts: 12,310 (44%)

Current vs Prior -11.47%

Calls: -26.01% (Calls)

Puts: +6.69% (Puts)

Prior 7-Day Total 217,820

Calls: 116,548 (54%)

Puts: 101,272 (46%)

Prior 7-Day Average 43,564

Calls: 16,649 (54%)

Puts: 14,467 (46%)

Current vs Prior 7-Day Avg -43.76%

Calls: -31.73%

Puts: -9.22%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (08/19 2:00pm) $43.12M

Calls: $31.60M (73%)

Puts: $11.52M (27%)

Prior (08/03) $27.54M

Calls: $21.01M (76%)

Puts: $6.53M (24%)

Current vs Prior +56.59%

Calls: +50.43%

Puts: +76.39%

Prior 7-Day Total $335.35M

Calls: $252.96M (75%)

Puts: $82.39M (25%)

Prior 7-Day Average $67.07M

Calls: $36.14M (75%)

Puts: $11.77M (25%)

Current vs Prior 7-Day Avg -35.70%

Calls: -12.55%

Puts: -2.09%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (08/19 2:00pm) 1.16

Prior (08/03) 0.80

Current vs Prior +44.19%

Prior 7-Day Average 0.87

Current vs Prior 7-Day Avg +33.18%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (08/19 2:00pm) 606,128

Calls: 302,906 (50%)

Puts: 303,222 (50%)

Prior (08/03) 550,545

Calls: 281,674 (51%)

Puts: 268,871 (49%)

Current vs Prior +10.10%

Prior 7-Day Total 2,950,257

Calls: 1,489,423 (50%)

Puts: 1,460,834 (50%)

Prior 7-Day Average 590,051

Calls: 297,884 (50%)

Puts: 292,166 (50%)

Current vs Prior 7-Day Avg +2.72%

Sentiment BULLISH

Expected Move

Detail

ℹ

WKMO Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)

Current 3.80% | 7.11%3.80% | 15.30%

Prior 5.82% | 8.62%10.45% | 19.12%

Current vs Prior -34.71% | -17.47%-63.65% | -19.96%

Prior 7-Day Avg 8.95% | 10.48%7.76% | 18.64%

Current vs 7-Day Avg -57.55% | -32.16%-51.05% | -17.89%

Prior 7-Day Eod 5.82% | 8.62%4.31% | 15.23%

Current vs 7-Day Eod -34.71% | -17.47%-11.82% | +0.44%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 15.49% | 17.67%

Calls: 13.79% | 15.91%

Puts: 17.19% | 19.43%

Prior 14.12% | 13.55%

Calls: 9.39% | 9.89%

Puts: 18.85% | 17.22%

Current vs Prior +9.70% | +30.41%

Prior 7-Day Avg 15.98% | 14.16%

Calls: 15.79% | 12.75%

Puts: 16.17% | 15.57%

Current vs 7-Day Avg -3.07% | +24.79%

Liquidity Expensive

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Moderately bullish flow with 73% call dollar volume ($31.60M). Elevated premium activity with dollar volume up 57% vs prior. Slightly bearish P/C ratio of 1.16. P/C ratio rising 44% - increased hedging/bearish positioning.

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 BULLISH

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

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
14:00	BULLISH	BEARISH	BEARISH
13:00	BULLISH	BEARISH	BEARISH

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🎯 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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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 83 of results (avg 7.0%, best 2.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$350.00	Sep 18	29.90	30.75	$30.33	2.8%	59	0.60	799
$360.00	Sep 11	23.05	23.80	$23.43	3.2%	10	0.53	8
$390.00	Sep 18	13.35	13.80	$13.58	3.3%	51	0.35	759
$360.00	Sep 18	24.85	25.70	$25.28	3.4%	56	0.53	1.6K
$370.00	Sep 18	20.45	21.25	$20.85	3.8%	118	0.47	1.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$370.00	Sep 18	29.95	30.60	$30.28	2.1%	62	0.53	481
$360.00	Sep 18	24.30	25.00	$24.65	2.8%	89	0.47	679
$350.00	Sep 18	19.40	20.00	$19.70	3.0%	50	0.40	413
$360.00	Sep 11	22.60	23.40	$23.00	3.5%	37	0.47	53
$350.00	Sep 11	17.75	18.40	$18.08	3.6%	94	0.40	22

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. 143 found (avg delta 0.74, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$300.00	Aug 28	56.35	62.90	$59.63	11.0%	6	1.00	20
$290.00	Aug 21	66.90	71.60	$69.25	6.8%	10	0.99	459
$310.00	Aug 21	45.85	52.20	$49.03	13.0%	12	0.99	644
$300.00	Aug 21	55.45	61.30	$58.38	10.0%	103	0.99	1.7K
$312.50	Aug 21	43.05	50.05	$46.55	15.0%	5	0.99	2

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$395.00	Aug 21	33.50	39.95	$36.73	17.6%	37	1.00	163
$397.50	Aug 21	35.40	42.15	$38.78	17.4%	--	1.00	12
$400.00	Aug 21	38.15	44.80	$41.47	16.0%	6	1.00	56
$405.00	Aug 21	42.55	49.65	$46.10	15.4%	--	1.00	21
$410.00	Aug 21	48.10	54.90	$51.50	13.2%	--	1.00	34

Most actively traded options today. High liquidity = easy entry/exit. 319 active (total vol 14.0K, top 731)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$400.00	Aug 21	0.07	0.12	$0.10	50.0%	655	0.01	1.7K
$420.00	Sep 18	6.70	7.40	$7.05	9.9%	469	0.21	2.8K
$375.00	Aug 21	1.00	1.40	$1.20	33.3%	397	0.16	248
$360.00	Aug 21	5.45	6.05	$5.75	10.4%	345	0.49	843
$380.00	Aug 21	0.55	0.83	$0.69	40.6%	273	0.10	952

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$362.50	Aug 21	7.25	8.30	$7.78	13.5%	731	0.57	651
$355.00	Aug 21	3.75	4.70	$4.22	22.5%	610	0.38	348
$300.00	Aug 28	0.09	0.52	$0.31	138.7%	410	0.02	538
$352.50	Aug 21	2.59	3.75	$3.17	36.6%	367	0.32	388
$365.00	Aug 21	8.80	9.85	$9.32	11.3%	228	0.64	400

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 11 strikes (avg 5.7%, max 10.0%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$347.50	Aug 21	Aug 28	59.1%	53.7%	10.0%	2	45
$357.50	Aug 21	Aug 28	56.6%	52.9%	6.9%	131	68
$350.00	Aug 21	Sep 25	59.2%	56.9%	4.0%	19	705
$355.00	Aug 21	Oct 2	57.8%	55.7%	3.7%	43	102
$352.50	Aug 21	Aug 28	55.4%	53.5%	3.5%	39	47

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$347.50	Aug 21	Aug 28	59.1%	53.7%	10.0%	123	333
$357.50	Aug 21	Aug 28	56.6%	52.9%	6.9%	92	285
$350.00	Aug 21	Oct 2	59.2%	55.7%	6.3%	103	647
$345.00	Aug 21	Oct 2	58.3%	55.7%	4.7%	161	184
$355.00	Aug 21	Oct 2	57.8%	55.7%	3.7%	617	349

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 245 found (best R:R 0.62, avg 4.34)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$325.00	$345.00	Sep 11	$12.35	$7.65	$12.35	76%	0.62	$337.35
$325.00	$350.00	Sep 25	$15.47	$9.53	$15.47	73%	0.62	$340.47
$315.00	$325.00	Sep 25	$6.53	$3.47	$6.53	78%	0.53	$321.53
$340.00	$350.00	Sep 18	$5.25	$4.75	$5.25	66%	0.90	$345.25
$425.00	$430.00	Oct 2	$0.17	$4.83	$0.17	23%	28.41	$425.17

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$380.00	$377.50	Aug 21	$1.67	$0.83	$1.67	90%	0.50	$378.33
$340.00	$335.00	Oct 2	$1.23	$3.77	$1.23	36%	3.07	$338.77
$400.00	$395.00	Sep 4	$3.22	$1.78	$3.22	74%	0.55	$396.78
$345.00	$340.00	Sep 11	$1.43	$3.57	$1.43	37%	2.50	$343.57
$352.50	$350.00	Aug 21	$0.42	$2.08	$0.42	32%	4.95	$352.08

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 187 found (best R:R 1.08, avg 0.41)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$365.00	$367.50	Aug 28	$1.58	$1.58	$0.92	56%	1.72	$366.58
$365.00	$370.00	Sep 11	$2.75	$2.75	$2.25	50%	1.22	$367.75
$402.50	$405.00	Sep 4	$0.85	$0.85	$1.65	75%	0.52	$403.35
$402.50	$405.00	Aug 21	$0.20	$0.20	$2.30	97%	0.09	$402.70
$365.00	$370.00	Oct 2	$2.63	$2.63	$2.37	49%	1.11	$367.63

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$335.00	$330.00	Oct 2	$2.60	$2.60	$2.40	67%	1.08	$332.40
$330.00	$320.00	Sep 18	$3.30	$3.30	$6.70	72%	0.49	$326.70
$335.00	$330.00	Sep 11	$2.15	$2.15	$2.85	70%	0.75	$332.85
$342.50	$340.00	Aug 28	$1.33	$1.33	$1.17	72%	1.14	$341.17
$355.00	$350.00	Sep 4	$2.75	$2.75	$2.25	57%	1.22	$352.25

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $5.79, cheapest $5.51)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$355.00	Aug 21	Aug 28	$5.60	57.8%	51.9%
$367.50	Aug 21	Aug 28	$5.29	57.0%	52.5%
$357.50	Aug 21	Aug 28	$5.95	56.6%	52.9%
$362.50	Aug 21	Aug 28	$5.85	56.7%	53.6%
$360.00	Aug 21	Aug 28	$6.03	56.2%	54.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$355.00	Aug 21	Aug 28	$5.51	57.8%	51.9%
$367.50	Aug 21	Aug 28	$5.50	57.0%	52.5%
$357.50	Aug 21	Aug 28	$5.87	56.6%	52.9%
$362.50	Aug 21	Aug 28	$5.97	56.7%	53.6%
$360.00	Aug 21	Aug 28	$5.95	56.2%	54.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 100 found (cheapest 3.38% of stock, avg 10.26%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$360.00	Aug 21	$5.75	$6.40	$12.15	$347.85	$372.15	3.38%
$362.50	Aug 21	$4.70	$7.78	$12.48	$350.02	$374.98	3.47%
$357.50	Aug 21	$7.25	$5.28	$12.53	$344.97	$370.03	3.49%
$355.00	Aug 21	$8.73	$4.22	$12.95	$342.05	$367.95	3.60%
$365.00	Aug 21	$3.70	$9.32	$13.02	$351.98	$378.02	3.62%
$352.50	Aug 21	$10.43	$3.17	$13.60	$338.90	$366.10	3.79%
$367.50	Aug 21	$2.98	$10.93	$13.91	$353.59	$381.41	3.87%
$350.00	Aug 21	$12.20	$2.75	$14.95	$335.05	$364.95	4.16%
$370.00	Aug 21	$2.27	$13.05	$15.32	$354.68	$385.32	4.26%
$347.50	Aug 21	$13.33	$2.09	$15.42	$332.08	$362.92	4.29%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 1.21% of stock, avg 8.38%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$370.00	$347.50	Aug 21	$2.27	$2.09	$4.36	$343.14	$374.36
$370.00	$350.00	Aug 21	$2.27	$2.75	$5.02	$344.98	$375.02
$367.50	$347.50	Aug 21	$2.98	$2.09	$5.07	$342.43	$372.57
$370.00	$352.50	Aug 21	$2.27	$3.17	$5.44	$347.06	$375.44
$367.50	$350.00	Aug 21	$2.98	$2.75	$5.73	$344.27	$373.23
$367.50	$352.50	Aug 21	$2.98	$3.17	$6.15	$346.35	$373.65
$365.00	$347.50	Aug 21	$3.70	$2.09	$5.79	$341.71	$370.79
$365.00	$350.00	Aug 21	$3.70	$2.75	$6.45	$343.55	$371.45
$365.00	$352.50	Aug 21	$3.70	$3.17	$6.87	$345.63	$371.87
$370.00	$355.00	Aug 21	$2.27	$4.22	$6.49	$348.51	$376.49

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 247 found (best R:R 2.79, avg credit $1.81)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
330/335	415/420	Oct 2	$3.68	$1.32	40%	2.79	$331.32	$418.68
340/342	382/385	Aug 28	$1.95	$0.55	49%	3.55	$340.55	$384.45
340/342	375/378	Aug 28	$2.06	$0.44	41%	4.68	$340.44	$377.06
330/335	400/405	Oct 2	$3.87	$1.13	34%	3.42	$331.13	$403.87
340/342	378/380	Aug 28	$1.93	$0.57	44%	3.39	$340.57	$379.43
305/310	405/410	Sep 25	$2.95	$2.05	51%	1.44	$307.05	$407.95
340/342	380/382	Aug 28	$1.83	$0.67	46%	2.73	$340.67	$381.83
330/335	420/425	Oct 2	$3.37	$1.63	42%	2.07	$331.63	$423.37
330/335	410/415	Sep 11	$3.18	$1.82	46%	1.75	$331.82	$413.18
330/335	395/400	Sep 11	$3.50	$1.50	39%	2.33	$331.50	$398.50

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 167 found (best R:R 49.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$340.00	$350.00	$360.00	Sep 18	$0.20	$9.80	13%	49.00
$370.00	$380.00	$390.00	Sep 18	$0.39	$9.61	12%	24.64
$325.00	$340.00	$355.00	Oct 2	$1.16	$13.84	16%	11.93
$410.00	$420.00	$430.00	Sep 18	$0.27	$9.73	8%	36.04
$345.00	$350.00	$355.00	Sep 4	$0.09	$4.91	8%	54.56

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$355.00	$357.50	$360.00	Aug 21	$0.06	$2.44	13%	40.67
$362.50	$365.00	$367.50	Aug 21	$0.07	$2.43	12%	34.71
$315.00	$320.00	$325.00	Sep 25	$0.05	$4.95	5%	99.00
$300.00	$310.00	$320.00	Sep 18	$0.40	$9.60	9%	24.00
$350.00	$355.00	$360.00	Sep 11	$0.12	$4.88	7%	40.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 110 found (best net $-14.07, 104 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$315.00	$340.00	1:2	Sep 4	-$14.07	$10.93
$325.00	$350.00	1:2	Sep 25	-$16.51	$8.49
$425.00	$430.00	1:2	Aug 28	-$0.04	$4.96
$397.50	$400.00	1:2	Aug 21	-$0.02	$2.48
$380.00	$382.50	1:2	Aug 21	-$0.17	$2.33

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$425.00	$400.00	1:2	Aug 28	-$18.71	$6.29
$305.00	$300.00	1:2	Aug 28	-$0.05	$4.95
$320.00	$317.50	1:2	Aug 21	-$0.04	$2.46
$315.00	$312.50	1:2	Aug 21	-$0.04	$2.46
$295.00	$290.00	1:2	Aug 21	-$0.05	$4.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 105 found (best yield 6.96%, avg 2.61%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$365.00	Oct 2	$25.00	0.51	1.6%	6.96%	8.55%	--	10
$360.00	Oct 2	$27.20	0.53	0.2%	7.57%	7.77%	5	1
$375.00	Oct 2	$20.45	0.45	4.4%	5.69%	10.06%	1	11
$385.00	Oct 2	$17.20	0.40	7.2%	4.79%	11.94%	--	12
$370.00	Oct 2	$22.30	0.48	3.0%	6.21%	9.19%	3	10
$400.00	Oct 2	$13.05	0.33	11.3%	3.63%	14.96%	5	22
$375.00	Sep 25	$19.35	0.44	4.4%	5.39%	9.76%	1	13
$385.00	Sep 25	$16.10	0.39	7.2%	4.48%	11.64%	1	14
$405.00	Oct 2	$11.80	0.31	12.7%	3.28%	16.01%	14	7
$365.00	Sep 25	$23.05	0.50	1.6%	6.42%	8.00%	1	4

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 11,367

Total Puts 13,133

Put/Call Ratio 1.16

Net Difference -1,766

Prior's Put/Call Breakdown

Total Calls 15,363

Total Puts 12,310

Put/Call Ratio 0.80

Net Difference 3,053

Prior 7-Day Put/Call Summary

Total Calls 116,548

Total Puts 101,272

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

Chart Title

Price — Past 7 Days

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