PANW - Options Database

PANW

PALO ALTO NETWORKS I

$348.66 -2.79%

$348.16 (-0.14%)🌙

as of 07/20 06:55 PM

(7/17 19:08) ◀

Monday, July 20, 2026 (6:55pm)

▶ (7/21 18:54)

◀ 7/20 18:55 ▶

Option Volume

Detail

ℹ

Current (07/20) 22,747

Calls: 9,020 (40%)

Puts: 13,727 (60%)

Prior (07/17) 35,407

Calls: 20,584 (58%)

Puts: 14,823 (42%)

Current vs Prior -35.76%

Calls: -56.18% (Calls)

Puts: -7.39% (Puts)

Prior 7-Day Total 236,328

Calls: 127,155 (54%)

Puts: 109,173 (46%)

Prior 7-Day Average 33,761

Calls: 18,165 (54%)

Puts: 15,596 (46%)

Current vs Prior 7-Day Avg -32.62%

Calls: -50.34%

Puts: -11.98%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/20) $30.61M

Calls: $20.41M (67%)

Puts: $10.20M (33%)

Prior (07/17) $62.43M

Calls: $50.42M (81%)

Puts: $12.01M (19%)

Current vs Prior -50.97%

Calls: -59.52%

Puts: -15.09%

Prior 7-Day Total $354.90M

Calls: $261.05M (74%)

Puts: $93.85M (26%)

Prior 7-Day Average $50.70M

Calls: $37.29M (74%)

Puts: $13.41M (26%)

Current vs Prior 7-Day Avg -39.63%

Calls: -45.28%

Puts: -23.93%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/20) 1.52

Prior (07/17) 0.72

Current vs Prior +111.33%

Prior 7-Day Average 0.88

Current vs Prior 7-Day Avg +73.61%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/20) 174,956

Calls: 90,887 (52%)

Puts: 84,069 (48%)

Prior (07/17) 254,111

Calls: 151,671 (60%)

Puts: 102,440 (40%)

Current vs Prior -31.15%

Prior 7-Day Total 1,702,673

Calls: 987,293 (58%)

Puts: 715,380 (42%)

Prior 7-Day Average 243,239

Calls: 141,041 (58%)

Puts: 102,197 (42%)

Current vs Prior 7-Day Avg -28.07%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)

Current 6.01% | 9.05%15.82% | 22.18%

Prior 6.83% | 9.54%1.01% | 17.25%

Current vs Prior -11.99% | -5.07%+1467.20% | +28.56%

Prior 7-Day Avg 4.84% | 7.71%4.19% | 17.59%

Current vs 7-Day Avg +24.15% | +17.37%+277.19% | +26.09%

Prior 7-Day Eod 6.83% | 9.53%1.01% | 17.25%

Current vs 7-Day Eod -11.99% | -5.07%+1467.20% | +28.56%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 33.45% | 18.66%

Calls: 41.71% | 21.78%

Puts: 25.18% | 15.53%

Prior 33.45% | 18.66%

Calls: 41.71% | 21.78%

Puts: 25.18% | 15.53%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 33.45% | 18.66%

Calls: 41.71% | 21.78%

Puts: 25.18% | 15.53%

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

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 67% call dollar volume ($20.41M). Light premium activity with dollar volume down 51% vs prior. Extreme bearish P/C ratio of 1.52 - heavy put buying. P/C ratio rising 111% - 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 BEARISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

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

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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 28 of results (avg 8.8%, best 6.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$320.00	Aug 21	42.80	46.20	$44.50	7.6%	4	0.71	996
$355.00	Aug 7	16.10	17.50	$16.80	8.3%	1	0.47	--
$370.00	Aug 21	18.15	19.75	$18.95	8.4%	60	0.42	974
$280.00	Aug 28	73.75	80.50	$77.13	8.8%	7	0.86	1
$280.00	Aug 21	71.75	78.35	$75.05	8.8%	4	0.89	437

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$365.00	Jul 24	19.50	20.80	$20.15	6.5%	9	0.72	53
$360.00	Aug 14	28.00	30.00	$29.00	6.9%	4	0.54	--
$360.00	Jul 31	20.80	22.30	$21.55	7.0%	17	0.59	144
$360.00	Aug 21	32.00	34.40	$33.20	7.2%	28	0.52	154
$350.00	Aug 7	18.85	20.35	$19.60	7.7%	2	0.48	72

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. 98 found (avg delta 0.70, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$305.00	Jul 24	42.20	46.55	$44.38	9.8%	1	1.00	--
$285.00	Jul 31	62.50	69.05	$65.78	10.0%	2	0.95	--
$310.00	Jul 24	36.55	40.60	$38.58	10.5%	3	0.94	56
$295.00	Jul 31	53.20	59.55	$56.38	11.3%	1	0.93	141
$300.00	Jul 31	47.15	52.75	$49.95	11.2%	1	0.92	76

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$410.00	Jul 24	57.15	64.30	$60.72	11.8%	2	0.97	61
$400.00	Jul 24	47.30	54.45	$50.88	14.1%	2	0.95	--
$387.50	Jul 24	35.35	42.00	$38.67	17.2%	2	0.91	1
$417.50	Jul 31	65.35	72.70	$69.03	10.6%	2	0.91	--
$382.50	Jul 24	30.50	37.10	$33.80	19.5%	2	0.89	3

Most actively traded options today. High liquidity = easy entry/exit. 298 active (total vol 10.9K, top 559)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$400.00	Jul 24	0.40	0.60	$0.50	40.0%	559	0.04	618
$390.00	Jul 24	0.42	1.24	$0.83	98.8%	514	0.07	651
$372.50	Aug 21	15.95	19.85	$17.90	21.8%	235	0.41	--
$375.00	Jul 24	1.75	2.45	$2.10	33.3%	219	0.16	263
$360.00	Jul 24	5.20	5.90	$5.55	12.6%	206	0.34	512

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$347.50	Jul 24	8.80	10.10	$9.45	13.8%	399	0.47	419
$285.00	Jul 24	0.00	1.08	$0.54	200.0%	311	0.03	177
$357.50	Jul 24	13.55	15.55	$14.55	13.7%	287	0.62	117
$282.50	Jul 24	0.01	0.29	$0.15	186.7%	250	0.01	1
$325.00	Jul 24	1.76	2.52	$2.14	35.5%	234	0.16	104

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 73 strikes (avg 12.5%, max 70.2%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$405.00	Jul 24	Aug 28	86.5%	65.6%	31.8%	31	113
$397.50	Jul 24	Jul 31	83.1%	66.4%	25.0%	136	444
$415.00	Jul 24	Aug 14	82.9%	66.5%	24.6%	13	115
$410.00	Jul 24	Aug 28	83.4%	67.8%	23.0%	58	245
$342.50	Jul 24	Aug 7	68.8%	59.5%	15.5%	3	112

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$285.00	Jul 24	Aug 14	109.2%	64.1%	70.2%	316	210
$280.00	Jul 24	Aug 21	108.2%	67.2%	61.1%	77	2.1K
$287.50	Jul 24	Jul 31	99.7%	71.7%	39.0%	127	8
$290.00	Jul 24	Aug 28	90.1%	66.2%	36.1%	224	128
$292.50	Jul 24	Jul 31	90.6%	68.3%	32.7%	174	29

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 215 found (best R:R 26.78, avg 4.02)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$405.00	$410.00	Aug 28	$0.20	$4.80	$0.20	24.00	$405.20
$390.00	$392.50	Jul 24	$0.11	$2.39	$0.11	21.73	$390.11
$405.00	$410.00	Aug 7	$0.22	$4.78	$0.22	21.73	$405.22
$410.00	$415.00	Jul 31	$0.24	$4.76	$0.24	19.83	$410.24
$405.00	$410.00	Jul 31	$0.33	$4.67	$0.33	14.15	$405.33

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$285.00	$280.00	Aug 7	$0.18	$4.82	$0.18	26.78	$284.82
$300.00	$295.00	Jul 31	$0.20	$4.80	$0.20	24.00	$299.80
$302.50	$300.00	Jul 24	$0.15	$2.35	$0.15	15.67	$302.35
$282.50	$280.00	Jul 31	$0.15	$2.35	$0.15	15.67	$282.35
$285.00	$282.50	Jul 31	$0.17	$2.33	$0.17	13.71	$284.83

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 260 found (best R:R 61.50, avg 1.81)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$285.00	$295.00	Jul 31	$9.40	$9.40	$0.60	15.67	$294.40
$320.00	$322.50	Jul 24	$2.33	$2.33	$0.17	13.71	$322.33
$317.50	$320.00	Jul 24	$2.32	$2.32	$0.18	12.89	$319.82
$337.50	$340.00	Jul 24	$2.20	$2.20	$0.30	7.33	$339.70
$280.00	$290.00	Aug 28	$8.70	$8.70	$1.30	6.69	$288.70

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$410.00	$400.00	Jul 24	$9.84	$9.84	$0.16	61.50	$400.16
$400.00	$387.50	Jul 24	$12.21	$12.21	$0.29	42.10	$387.79
$387.50	$382.50	Jul 24	$4.87	$4.87	$0.13	37.46	$382.63
$415.00	$410.00	Aug 14	$4.67	$4.67	$0.33	14.15	$410.33
$417.50	$390.00	Jul 31	$25.50	$25.50	$2.00	12.75	$392.00

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 78 found (avg debit $4.33, cheapest $0.25)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$415.00	Jul 24	Jul 31	$1.19	82.9%	68.8%
$410.00	Jul 24	Jul 31	$1.30	83.4%	67.6%
$405.00	Jul 24	Jul 31	$1.36	86.5%	67.0%
$290.00	Aug 7	Aug 14	$1.55	64.6%	64.5%
$397.50	Jul 24	Jul 31	$1.84	83.1%	66.4%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$280.00	Jul 24	Jul 31	$0.25	108.2%	71.5%
$285.00	Jul 24	Jul 31	$0.37	109.2%	72.6%
$290.00	Jul 24	Jul 31	$0.44	90.1%	64.4%
$282.50	Jul 24	Jul 31	$0.59	92.3%	72.2%
$287.50	Jul 24	Jul 31	$0.61	99.7%	71.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 85 found (cheapest 5.72% of stock, avg 12.45%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$347.50	Jul 24	$10.48	$9.45	$19.93	$327.57	$367.43	5.72%
$350.00	Jul 24	$9.53	$10.48	$20.01	$329.99	$370.01	5.74%
$345.00	Jul 24	$12.05	$8.00	$20.05	$324.95	$365.05	5.75%
$352.50	Jul 24	$8.52	$11.75	$20.27	$332.23	$372.77	5.81%
$342.50	Jul 24	$13.15	$7.15	$20.30	$322.20	$362.80	5.82%
$355.00	Jul 24	$7.28	$13.08	$20.36	$334.64	$375.36	5.84%
$340.00	Jul 24	$14.75	$6.15	$20.90	$319.10	$360.90	5.99%
$357.50	Jul 24	$6.35	$14.55	$20.90	$336.60	$378.40	5.99%
$337.50	Jul 24	$16.95	$5.00	$21.95	$315.55	$359.45	6.30%
$360.00	Jul 24	$5.55	$16.40	$21.95	$338.05	$381.95	6.30%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 3.03% of stock, avg 8.92%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$360.00	$337.50	Jul 24	$5.55	$5.00	$10.55	$326.95	$370.55
$357.50	$337.50	Jul 24	$6.35	$5.00	$11.35	$326.15	$368.85
$360.00	$340.00	Jul 24	$5.55	$6.15	$11.70	$328.30	$371.70
$355.00	$337.50	Jul 24	$7.28	$5.00	$12.28	$325.22	$367.28
$357.50	$340.00	Jul 24	$6.35	$6.15	$12.50	$327.50	$370.00
$360.00	$342.50	Jul 24	$5.55	$7.15	$12.70	$329.80	$372.70
$355.00	$340.00	Jul 24	$7.28	$6.15	$13.43	$326.57	$368.43
$357.50	$342.50	Jul 24	$6.35	$7.15	$13.50	$329.00	$371.00
$352.50	$337.50	Jul 24	$8.52	$5.00	$13.52	$323.98	$366.02
$360.00	$345.00	Jul 24	$5.55	$8.00	$13.55	$331.45	$373.55

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 368 found (best R:R 30.25, avg credit $4.38)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
315/320	325/330	Aug 14	$4.84	$0.16	30.25	$315.16	$329.84
320/325	340/345	Aug 14	$4.82	$0.18	26.78	$320.18	$344.82
325/330	345/350	Aug 21	$4.82	$0.18	26.78	$325.18	$349.82
280/282	285/295	Jul 31	$9.55	$0.45	21.22	$272.95	$294.55
300/305	320/325	Aug 21	$4.76	$0.24	19.83	$300.24	$324.76
305/310	340/345	Aug 21	$4.75	$0.25	19.00	$305.25	$344.75
312/315	345/348	Jul 31	$2.36	$0.14	16.86	$312.64	$347.36
320/325	360/365	Aug 28	$4.71	$0.29	16.24	$320.29	$364.71
300/302	338/340	Jul 24	$2.35	$0.15	15.67	$300.15	$339.85
310/315	325/330	Aug 14	$4.68	$0.32	14.63	$310.32	$329.68

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 107 found (best R:R 82.33, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$360.00	$365.00	$370.00	Aug 28	$0.06	$4.94	82.33
$405.00	$410.00	$415.00	Jul 31	$0.09	$4.91	54.56
$365.00	$370.00	$375.00	Aug 28	$0.14	$4.86	34.71
$345.00	$350.00	$355.00	Aug 21	$0.15	$4.85	32.33
$387.50	$390.00	$392.50	Jul 24	$0.08	$2.42	30.25

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$350.00	$352.50	$355.00	Jul 31	$0.05	$2.45	49.00
$350.00	$352.50	$355.00	Jul 24	$0.06	$2.44	40.67
$310.00	$315.00	$320.00	Aug 14	$0.16	$4.84	30.25
$352.50	$355.00	$357.50	Jul 31	$0.09	$2.41	26.78
$280.00	$285.00	$290.00	Aug 7	$0.18	$4.82	26.78

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 89 found (best net $-3.63, 85 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$300.00	$340.00	1:2	Aug 28	-$9.83	$30.17
$290.00	$320.00	1:2	Aug 7	-$10.60	$19.40
$375.00	$395.00	1:2	Aug 28	-$9.55	$10.45
$320.00	$340.00	1:2	Aug 7	-$11.06	$8.94
$375.00	$385.00	1:2	Aug 7	-$4.05	$5.95

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$375.00	$340.00	1:2	Aug 28	-$3.63	$31.37
$417.50	$390.00	1:2	Jul 31	-$18.03	$9.47
$300.00	$290.00	1:2	Aug 14	-$2.50	$7.50
$390.00	$370.00	1:2	Jul 31	-$12.53	$7.47
$290.00	$280.00	1:2	Aug 21	-$2.75	$7.25

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 96 found (best yield 7.89%, avg 2.71%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$350.00	Aug 28	$27.50	0.54	0.4%	7.89%	8.27%	22	7
$355.00	Aug 28	$25.55	0.51	1.8%	7.33%	9.15%	2	4
$350.00	Aug 21	$24.85	0.53	0.4%	7.13%	7.51%	7	657
$360.00	Aug 28	$24.35	0.49	3.2%	6.98%	10.24%	4	56
$355.00	Aug 21	$22.60	0.50	1.8%	6.48%	8.30%	15	--
$365.00	Aug 28	$22.15	0.46	4.7%	6.35%	11.04%	5	5
$360.00	Aug 21	$22.05	0.48	3.2%	6.32%	9.58%	38	709
$357.50	Aug 21	$21.55	0.49	2.5%	6.18%	8.72%	1	--
$350.00	Aug 14	$20.85	0.52	0.4%	5.98%	6.36%	3	30
$362.50	Aug 21	$20.40	0.46	4.0%	5.85%	9.82%	13	--

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 9,020

Total Puts 13,727

Put/Call Ratio 1.52

Net Difference -4,707

Prior's Put/Call Breakdown

Total Calls 20,584

Total Puts 14,823

Put/Call Ratio 0.72

Net Difference 5,761

Prior 7-Day Put/Call Summary

Total Calls 127,155

Total Puts 109,173

Average Put/Call Ratio 0.88

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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