PANW - Options Database

PANW

PALO ALTO NETWORKS I

$335.28 -2.01%

$337.00 (+0.51%)🌙

as of 07/22 08:27 PM

(7/21 18:54) ◀

Wednesday, July 22, 2026 (8:27pm)

▶ (7/23 18:57)

◀ 7/22 20:27 ▶

Option Volume

Detail

ℹ

Current (07/22) 20,196

Calls: 7,328 (36%)

Puts: 12,868 (64%)

Prior (07/21) 37,455

Calls: 16,136 (43%)

Puts: 21,319 (57%)

Current vs Prior -46.08%

Calls: -54.59% (Calls)

Puts: -39.64% (Puts)

Prior 7-Day Total 237,685

Calls: 119,811 (50%)

Puts: 117,874 (50%)

Prior 7-Day Average 33,955

Calls: 17,115 (50%)

Puts: 16,839 (50%)

Current vs Prior 7-Day Avg -40.52%

Calls: -57.19%

Puts: -23.58%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/22) $21.33M

Calls: $13.98M (66%)

Puts: $7.35M (34%)

Prior (07/21) $54.73M

Calls: $36.69M (67%)

Puts: $18.04M (33%)

Current vs Prior -61.02%

Calls: -61.88%

Puts: -59.26%

Prior 7-Day Total $343.98M

Calls: $249.80M (73%)

Puts: $94.18M (27%)

Prior 7-Day Average $49.14M

Calls: $35.69M (73%)

Puts: $13.45M (27%)

Current vs Prior 7-Day Avg -56.59%

Calls: -60.81%

Puts: -45.38%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/22) 1.76

Prior (07/21) 1.32

Current vs Prior +32.91%

Prior 7-Day Average 1.05

Current vs Prior 7-Day Avg +67.54%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/22) 205,387

Calls: 101,564 (49%)

Puts: 103,823 (51%)

Prior (07/21) 220,710

Calls: 100,768 (46%)

Puts: 119,942 (54%)

Current vs Prior -6.94%

Prior 7-Day Total 1,617,399

Calls: 908,170 (56%)

Puts: 709,229 (44%)

Prior 7-Day Average 231,057

Calls: 129,738 (56%)

Puts: 101,318 (44%)

Current vs Prior 7-Day Avg -11.11%

Sentiment BULLISH

Expected Move

Detail

ℹ

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

Current 4.37% | 8.14%16.09% | 22.01%

Prior 5.10% | 8.59%15.48% | 21.86%

Current vs Prior -14.33% | -5.24%+4.00% | +0.67%

Prior 7-Day Avg 5.13% | 8.38%7.18% | 18.81%

Current vs 7-Day Avg -14.79% | -2.88%+124.17% | +17.04%

Prior 7-Day Eod 5.10% | 8.59%15.48% | 21.86%

Current vs 7-Day Eod -14.33% | -5.24%+4.00% | +0.67%

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

Add Card

🤖 AI Insights

Moderately bullish flow with 66% call dollar volume ($13.98M). Light premium activity with dollar volume down 61% vs prior. Below-average activity with volume down 46% vs prior. Extreme bearish P/C ratio of 1.76 - heavy put buying.

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 BEARISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

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

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 30 of results (avg 8.1%, best 5.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$332.50	Jul 31	14.85	15.70	$15.27	5.6%	4	0.55	45
$335.00	Aug 7	17.25	18.50	$17.88	7.0%	9	0.53	33
$325.00	Jul 24	12.95	13.90	$13.43	7.1%	4	0.75	--
$335.00	Jul 24	6.75	7.25	$7.00	7.1%	70	0.53	83
$345.00	Aug 7	12.95	14.00	$13.48	7.8%	8	0.44	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$335.00	Jul 31	12.55	13.30	$12.93	5.8%	28	0.48	214
$340.00	Jul 31	15.00	15.95	$15.48	6.1%	17	0.53	100
$330.00	Aug 21	21.60	23.00	$22.30	6.3%	12	0.43	582
$347.50	Aug 7	22.65	24.25	$23.45	6.8%	2	0.58	--
$335.00	Aug 7	16.00	17.15	$16.58	6.9%	1	0.47	--

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. 92 found (avg delta 0.70, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$285.00	Jul 24	46.75	54.20	$50.48	14.8%	11	1.00	159
$275.00	Jul 24	57.40	64.25	$60.83	11.3%	1	0.99	--
$275.00	Jul 31	57.45	65.05	$61.25	12.4%	2	0.98	--
$290.00	Jul 24	41.75	49.50	$45.63	17.0%	1	0.97	--
$300.00	Jul 24	31.60	39.50	$35.55	22.2%	1	0.97	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$370.00	Jul 24	31.15	38.70	$34.92	21.6%	2	0.96	39
$362.50	Jul 24	24.05	31.45	$27.75	26.7%	3	0.93	50
$360.00	Jul 24	22.90	29.15	$26.03	24.0%	13	0.91	235
$357.50	Jul 24	20.50	24.00	$22.25	15.7%	3	0.88	--
$355.00	Jul 24	17.95	23.15	$20.55	25.3%	16	0.86	93

Most actively traded options today. High liquidity = easy entry/exit. 290 active (total vol 10.1K, top 640)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$395.00	Jul 31	0.64	1.39	$1.01	74.3%	640	0.07	338
$350.00	Jul 31	6.75	8.25	$7.50	20.0%	510	0.35	1.7K
$360.00	Jul 24	0.62	1.01	$0.82	47.6%	466	0.10	558
$350.00	Jul 24	1.68	2.34	$2.01	32.8%	316	0.21	379
$350.00	Aug 21	18.00	21.05	$19.52	15.6%	256	0.45	654

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$312.50	Jul 31	4.35	5.05	$4.70	14.9%	326	0.23	28
$310.00	Jul 31	3.10	5.05	$4.08	47.8%	276	0.20	756
$320.00	Jul 24	1.63	1.98	$1.81	19.3%	249	0.18	509
$280.00	Aug 14	2.03	4.55	$3.29	76.6%	247	0.12	58
$300.00	Aug 21	9.90	11.25	$10.58	12.8%	216	0.25	1.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 72 strikes (avg 25.0%, max 160.9%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$385.00	Jul 24	Aug 21	133.2%	66.3%	100.8%	20	--
$395.00	Jul 24	Aug 28	123.4%	67.7%	82.1%	11	158
$275.00	Jul 24	Jul 31	115.8%	65.3%	77.4%	3	--
$380.00	Jul 24	Aug 21	113.2%	67.8%	67.0%	102	949
$290.00	Jul 24	Aug 21	109.9%	68.6%	60.1%	26	486

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$282.50	Jul 24	Jul 31	180.1%	69.0%	160.9%	57	161
$270.00	Jul 24	Aug 28	133.7%	69.8%	91.4%	66	192
$275.00	Jul 24	Aug 28	115.8%	68.7%	68.5%	7	220
$290.00	Jul 24	Aug 28	109.9%	65.7%	67.1%	53	167
$295.00	Jul 24	Aug 21	101.7%	68.5%	48.5%	45	237

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 213 found (best R:R 37.46, avg 4.16)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$390.00	$395.00	Jul 31	$0.13	$4.87	$0.13	37.46	$390.13
$395.00	$400.00	Jul 31	$0.22	$4.78	$0.22	21.73	$395.22
$387.50	$390.00	Jul 31	$0.12	$2.38	$0.12	19.83	$387.62
$372.50	$375.00	Jul 31	$0.15	$2.35	$0.15	15.67	$372.65
$352.50	$355.00	Jul 24	$0.17	$2.33	$0.17	13.71	$352.67

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$295.00	$290.00	Jul 31	$0.23	$4.77	$0.23	20.74	$294.77
$310.00	$307.50	Jul 24	$0.12	$2.38	$0.12	19.83	$309.88
$287.50	$285.00	Jul 31	$0.13	$2.37	$0.13	18.23	$287.37
$280.00	$275.00	Aug 28	$0.30	$4.70	$0.30	15.67	$279.70
$325.00	$322.50	Jul 24	$0.16	$2.34	$0.16	14.62	$324.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 251 found (best R:R 32.33, avg 1.52)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$285.00	$290.00	Jul 24	$4.85	$4.85	$0.15	32.33	$289.85
$300.00	$307.50	Jul 24	$7.22	$7.22	$0.28	25.79	$307.22
$295.00	$305.00	Jul 31	$9.47	$9.47	$0.53	17.87	$304.47
$307.50	$310.00	Jul 24	$2.35	$2.35	$0.15	15.67	$309.85
$310.00	$312.50	Jul 24	$2.33	$2.33	$0.17	13.71	$312.33

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$370.00	$362.50	Jul 24	$7.17	$7.17	$0.33	21.73	$362.83
$360.00	$355.00	Aug 7	$4.35	$4.35	$0.65	6.69	$355.65
$345.00	$342.50	Aug 21	$2.17	$2.17	$0.33	6.58	$342.83
$370.00	$365.00	Aug 7	$4.30	$4.30	$0.70	6.14	$365.70
$350.00	$347.50	Jul 24	$2.10	$2.10	$0.40	5.25	$347.90

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 73 found (avg debit $4.17, cheapest $0.13)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$275.00	Jul 24	Jul 31	$0.42	115.8%	65.3%
$285.00	Jul 24	Jul 31	$0.57	88.8%	70.0%
$395.00	Jul 24	Jul 31	$0.57	123.4%	67.8%
$400.00	Jul 24	Jul 31	$0.69	105.0%	68.1%
$390.00	Jul 24	Jul 31	$1.05	90.5%	65.4%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$270.00	Jul 24	Jul 31	$0.13	133.7%	68.7%
$275.00	Jul 24	Jul 31	$0.23	115.8%	65.3%
$285.00	Jul 24	Jul 31	$0.98	88.8%	70.0%
$287.50	Jul 24	Jul 31	$1.09	90.0%	68.9%
$290.00	Jul 24	Jul 31	$1.16	109.9%	70.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 84 found (cheapest 3.97% of stock, avg 11.15%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$335.00	Jul 24	$7.00	$6.30	$13.30	$321.70	$348.30	3.97%
$337.50	Jul 24	$5.80	$7.65	$13.45	$324.05	$350.95	4.01%
$332.50	Jul 24	$8.43	$5.15	$13.58	$318.92	$346.08	4.05%
$340.00	Jul 24	$4.90	$9.10	$14.00	$326.00	$354.00	4.18%
$330.00	Jul 24	$9.98	$4.15	$14.13	$315.87	$344.13	4.21%
$342.50	Jul 24	$3.85	$11.10	$14.95	$327.55	$357.45	4.46%
$327.50	Jul 24	$12.05	$3.38	$15.43	$312.07	$342.93	4.60%
$345.00	Jul 24	$3.17	$12.58	$15.75	$329.25	$360.75	4.70%
$325.00	Jul 24	$13.43	$2.62	$16.05	$308.95	$341.05	4.79%
$347.50	Jul 24	$2.68	$14.20	$16.88	$330.62	$364.38	5.03%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 1.58% of stock, avg 8.33%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$347.50	$325.00	Jul 24	$2.68	$2.62	$5.30	$319.70	$352.80
$345.00	$325.00	Jul 24	$3.17	$2.62	$5.79	$319.21	$350.79
$347.50	$327.50	Jul 24	$2.68	$3.38	$6.06	$321.44	$353.56
$342.50	$325.00	Jul 24	$3.85	$2.62	$6.47	$318.53	$348.97
$345.00	$327.50	Jul 24	$3.17	$3.38	$6.55	$320.95	$351.55
$347.50	$330.00	Jul 24	$2.68	$4.15	$6.83	$323.17	$354.33
$342.50	$327.50	Jul 24	$3.85	$3.38	$7.23	$320.27	$349.73
$345.00	$330.00	Jul 24	$3.17	$4.15	$7.32	$322.68	$352.32
$340.00	$325.00	Jul 24	$4.90	$2.62	$7.52	$317.48	$347.52
$347.50	$332.50	Jul 24	$2.68	$5.15	$7.83	$324.67	$355.33

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 394 found (best R:R 51.63, avg credit $4.11)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
288/290	295/305	Jul 31	$9.81	$0.19	51.63	$280.19	$304.81
305/310	330/335	Aug 28	$4.90	$0.10	49.00	$305.10	$334.90
275/280	295/305	Jul 31	$9.79	$0.21	46.62	$270.21	$304.79
300/305	330/335	Aug 28	$4.89	$0.11	44.45	$300.11	$334.89
315/320	330/335	Aug 28	$4.87	$0.13	37.46	$315.13	$334.87
282/285	295/305	Jul 31	$9.70	$0.30	32.33	$275.30	$304.70
300/302	310/315	Jul 31	$4.83	$0.17	28.41	$297.67	$314.83
310/315	320/325	Aug 14	$4.83	$0.17	28.41	$310.17	$324.83
280/282	295/305	Jul 31	$9.63	$0.37	26.03	$272.87	$304.63
285/288	295/305	Jul 31	$9.60	$0.40	24.00	$277.90	$304.60

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 116 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$385.00	$390.00	$395.00	Aug 14	$0.12	$4.88	40.67
$330.00	$335.00	$340.00	Aug 14	$0.17	$4.83	28.41
$355.00	$360.00	$365.00	Aug 28	$0.18	$4.82	26.78
$342.50	$345.00	$347.50	Jul 31	$0.10	$2.40	24.00
$325.00	$330.00	$335.00	Aug 14	$0.21	$4.79	22.81

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$310.00	$315.00	$320.00	Aug 14	$0.05	$4.95	99.00
$310.00	$315.00	$320.00	Aug 7	$0.07	$4.93	70.43
$305.00	$307.50	$310.00	Jul 24	$0.05	$2.45	49.00
$325.00	$327.50	$330.00	Jul 31	$0.06	$2.44	40.67
$310.00	$312.50	$315.00	Jul 24	$0.07	$2.43	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. 98 found (best net $-14.40, 90 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$270.00	$300.00	1:2	Aug 7	-$14.40	$15.60
$375.00	$395.00	1:2	Aug 28	-$5.36	$14.64
$285.00	$315.00	1:2	Aug 28	-$18.65	$11.35
$380.00	$387.50	1:2	Jul 31	-$0.59	$6.91
$395.00	$400.00	1:2	Jul 31	-$0.57	$4.43

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$290.00	$280.00	1:2	Aug 21	-$2.09	$7.91
$280.00	$270.00	1:2	Aug 21	-$2.96	$7.04
$290.00	$280.00	1:2	Aug 28	-$4.36	$5.64
$275.00	$270.00	1:2	Jul 24	-$0.18	$4.82
$275.00	$270.00	1:2	Jul 31	-$0.21	$4.79

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 87 found (best yield 7.47%, avg 2.39%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$340.00	Aug 28	$25.05	0.52	1.4%	7.47%	8.88%	3	--
$340.00	Aug 21	$22.35	0.51	1.4%	6.67%	8.07%	53	923
$342.50	Aug 21	$20.90	0.50	2.1%	6.23%	8.39%	57	2
$345.00	Aug 21	$19.85	0.48	2.9%	5.92%	8.82%	46	51
$355.00	Aug 28	$18.90	0.44	5.9%	5.64%	11.52%	3	5
$347.50	Aug 21	$18.85	0.47	3.6%	5.62%	9.27%	2	6
$350.00	Aug 21	$18.00	0.45	4.4%	5.37%	9.76%	256	654
$340.00	Aug 14	$17.50	0.50	1.4%	5.22%	6.63%	2	--
$360.00	Aug 28	$17.15	0.41	7.4%	5.12%	12.49%	2	36
$352.50	Aug 21	$16.95	0.44	5.1%	5.06%	10.19%	1	--

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 7,328

Total Puts 12,868

Put/Call Ratio 1.76

Net Difference -5,540

Prior's Put/Call Breakdown

Total Calls 16,136

Total Puts 21,319

Put/Call Ratio 1.32

Net Difference -5,183

Prior 7-Day Put/Call Summary

Total Calls 119,811

Total Puts 117,874

Average Put/Call Ratio 1.05

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
Loading data...

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

Add Card