PANW - Options Database

PANW

PALO ALTO NETWORKS I

$323.79 -0.57%

$324.55 (+0.23%)🌙

as of 07/25 03:21 AM

(7/23 18:57) ◀

Friday, July 24, 2026 (3:21am)

▶ (7/27 18:56)

◀ 7/24 03:21 ▶

Option Volume

Detail

ℹ

Current (07/25) 19,459

Calls: 8,578 (44%)

Puts: 10,881 (56%)

Prior (07/23) 30,804

Calls: 11,733 (38%)

Puts: 19,071 (62%)

Current vs Prior -36.83%

Calls: -26.89% (Calls)

Puts: -42.94% (Puts)

Prior 7-Day Total 216,437

Calls: 97,583 (45%)

Puts: 118,854 (55%)

Prior 7-Day Average 30,919

Calls: 13,940 (45%)

Puts: 16,979 (55%)

Current vs Prior 7-Day Avg -37.07%

Calls: -38.47%

Puts: -35.92%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (07/25) $21.28M

Calls: $10.20M (48%)

Puts: $11.08M (52%)

Prior (07/23) $39.66M

Calls: $21.93M (55%)

Puts: $17.72M (45%)

Current vs Prior -46.33%

Calls: -53.47%

Puts: -37.49%

Prior 7-Day Total $300.38M

Calls: $210.11M (70%)

Puts: $90.27M (30%)

Prior 7-Day Average $42.91M

Calls: $30.02M (70%)

Puts: $12.90M (30%)

Current vs Prior 7-Day Avg -50.40%

Calls: -66.00%

Puts: -14.08%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (07/25) 1.27

Prior (07/23) 1.63

Current vs Prior -21.96%

Prior 7-Day Average 1.32

Current vs Prior 7-Day Avg -3.87%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (07/25) 202,063

Calls: 107,314 (53%)

Puts: 94,749 (47%)

Prior (07/23) 217,428

Calls: 108,621 (50%)

Puts: 108,807 (50%)

Current vs Prior -7.07%

Prior 7-Day Total 1,568,599

Calls: 837,754 (53%)

Puts: 730,845 (47%)

Prior 7-Day Average 224,085

Calls: 119,679 (53%)

Puts: 104,406 (47%)

Current vs Prior 7-Day Avg -9.83%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 6.91% | 9.59%14.98% | 21.41%

Prior 3.10% | 7.75%15.65% | 21.57%

Current vs Prior +122.62% | +23.77%-4.27% | -0.75%

Prior 7-Day Avg 4.66% | 8.30%10.18% | 19.95%

Current vs 7-Day Avg +48.17% | +15.60%+47.12% | +7.31%

Prior 7-Day Eod 3.10% | 7.75%15.65% | 21.57%

Current vs 7-Day Eod +122.62% | +23.77%-4.27% | -0.75%

Sentiment BEARISHBULLISH

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

Bearish P/C ratio of 1.27 indicates protective positioning. P/C ratio dropping 22% - sentiment shifting bullish.

Smart Money BEARISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

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

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Tightest Spreads

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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 25 of results (avg 7.2%, best 2.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$347.50	Aug 21	13.15	13.75	$13.45	4.5%	2	0.37	12
$345.00	Aug 21	13.95	14.60	$14.27	4.6%	3	0.39	68
$335.00	Aug 21	17.55	18.40	$17.98	4.7%	8	0.46	23
$355.00	Aug 21	10.95	11.50	$11.23	4.9%	1	0.33	--
$325.00	Aug 21	22.10	23.35	$22.73	5.5%	1	0.52	34

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$300.00	Aug 21	11.80	12.10	$11.95	2.5%	106	0.30	1.4K
$330.00	Aug 21	25.00	26.40	$25.70	5.4%	27	0.51	556
$335.00	Aug 21	27.95	29.55	$28.75	5.6%	1	0.54	--
$340.00	Aug 21	30.85	33.00	$31.93	6.7%	3	0.58	438
$295.00	Aug 21	9.95	10.70	$10.33	7.3%	18	0.27	78

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. 90 found (avg delta 0.76, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$275.00	Jul 24	44.65	52.40	$48.53	16.0%	2	1.00	--
$290.00	Jul 24	29.65	37.40	$33.53	23.1%	5	1.00	113
$300.00	Jul 24	20.80	26.20	$23.50	23.0%	6	1.00	105
$305.00	Jul 24	14.65	22.35	$18.50	41.6%	3	1.00	--
$310.00	Jul 24	9.90	17.35	$13.63	54.7%	13	1.00	54

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$342.50	Jul 24	15.10	22.85	$18.98	40.8%	4	1.00	--
$345.00	Jul 24	17.60	25.35	$21.48	36.1%	3	1.00	160
$350.00	Jul 24	22.60	30.35	$26.48	29.3%	7	1.00	83
$337.50	Jul 24	12.40	16.15	$14.27	26.3%	18	0.99	100
$330.00	Jul 24	3.70	10.35	$7.03	94.6%	250	0.99	362

Most actively traded options today. High liquidity = easy entry/exit. 293 active (total vol 8.4K, top 411)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$330.00	Jul 24	0.00	0.01	$0.01	100.0%	311	0.01	115
$335.00	Jul 24	0.00	0.02	$0.01	200.0%	299	0.01	128
$325.00	Jul 24	0.01	0.33	$0.17	188.2%	193	0.18	129
$365.00	Aug 14	4.50	5.95	$5.23	27.7%	178	0.22	99
$380.00	Aug 7	0.81	2.14	$1.48	89.9%	173	0.09	174

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$322.50	Jul 24	0.01	0.23	$0.12	183.3%	411	0.21	91
$320.00	Jul 24	0.00	0.25	$0.13	192.3%	401	0.10	564
$310.00	Jul 24	0.00	0.01	$0.01	100.0%	326	0.00	395
$287.50	Jul 24	0.00	0.21	$0.11	190.9%	269	0.02	92
$330.00	Jul 24	3.70	10.35	$7.03	94.6%	250	0.99	362

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 66 strikes (avg 702.9%, max 2731.9%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$382.50	Jul 24	Jul 31	1725.5%	60.9%	2731.9%	37	283
$270.00	Jul 24	Aug 21	1907.9%	67.8%	2715.7%	32	509
$280.00	Jul 24	Aug 28	1604.2%	67.3%	2284.3%	5	11
$362.50	Jul 24	Aug 7	787.0%	57.9%	1260.1%	188	448
$275.00	Jul 24	Jul 31	817.1%	60.6%	1248.7%	4	--

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$265.00	Jul 24	Sep 4	1156.5%	66.8%	1631.4%	10	497
$260.00	Jul 24	Sep 4	924.2%	66.1%	1297.2%	27	--
$347.50	Jul 24	Aug 21	798.7%	63.9%	1149.2%	3	--
$292.50	Jul 24	Jul 31	769.6%	64.3%	1096.6%	36	187
$287.50	Jul 24	Jul 31	734.1%	63.5%	1055.9%	271	92

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 181 found (best R:R 24.00, avg 4.26)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$350.00	$355.00	Jul 31	$0.20	$4.80	$0.20	24.00	$350.20
$362.50	$365.00	Jul 24	$0.11	$2.39	$0.11	21.73	$362.61
$380.00	$385.00	Aug 7	$0.23	$4.77	$0.23	20.74	$380.23
$375.00	$380.00	Aug 14	$0.28	$4.72	$0.28	16.86	$375.28
$377.50	$380.00	Aug 21	$0.15	$2.35	$0.15	15.67	$377.65

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$280.00	$275.00	Jul 31	$0.20	$4.80	$0.20	24.00	$279.80
$270.00	$265.00	Aug 7	$0.22	$4.78	$0.22	21.73	$269.78
$285.00	$282.50	Jul 31	$0.12	$2.38	$0.12	19.83	$284.88
$290.00	$287.50	Jul 31	$0.13	$2.37	$0.13	18.23	$289.87
$275.00	$270.00	Aug 7	$0.33	$4.67	$0.33	14.15	$274.67

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 216 found (best R:R 37.46, avg 1.36)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$305.00	$310.00	Jul 24	$4.87	$4.87	$0.13	37.46	$309.87
$280.00	$290.00	Jul 31	$9.20	$9.20	$0.80	11.50	$289.20
$275.00	$280.00	Jul 31	$4.28	$4.28	$0.72	5.94	$279.28
$317.50	$320.00	Jul 24	$2.10	$2.10	$0.40	5.25	$319.60
$382.50	$385.00	Jul 24	$2.10	$2.10	$0.40	5.25	$384.60

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$360.00	$352.50	Jul 31	$6.77	$6.77	$0.73	9.27	$353.23
$332.50	$330.00	Jul 24	$2.24	$2.24	$0.26	8.62	$330.26
$337.50	$335.00	Jul 24	$2.22	$2.22	$0.28	7.93	$335.28
$385.00	$380.00	Aug 14	$4.44	$4.44	$0.56	7.93	$380.56
$340.00	$337.50	Jul 24	$2.21	$2.21	$0.29	7.62	$337.79

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 69 found (avg debit $4.12, cheapest $0.13)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$270.00	Jul 24	Jul 31	$0.45	1907.9%	69.2%
$375.00	Jul 24	Jul 31	$0.46	803.3%	61.8%
$387.50	Jul 24	Jul 31	$0.52	767.7%	73.0%
$380.00	Jul 24	Jul 31	$0.54	737.5%	67.2%
$385.00	Jul 24	Jul 31	$0.54	860.2%	72.1%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$260.00	Jul 24	Jul 31	$0.13	924.2%	72.0%
$265.00	Jul 24	Jul 31	$0.44	1156.5%	83.2%
$270.00	Jul 31	Aug 7	$0.75	69.2%	61.8%
$285.00	Jul 24	Jul 31	$0.82	652.7%	63.5%
$380.00	Aug 7	Aug 14	$0.93	59.0%	59.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 82 found (cheapest 0.57% of stock, avg 10.70%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$322.50	Jul 24	$1.73	$0.12	$1.85	$320.65	$324.35	0.57%
$325.00	Jul 24	$0.17	$1.88	$2.05	$322.95	$327.05	0.63%
$320.00	Jul 24	$3.78	$0.13	$3.91	$316.09	$323.91	1.21%
$327.50	Jul 24	$0.27	$5.19	$5.46	$322.04	$332.96	1.69%
$317.50	Jul 24	$5.88	$0.36	$6.24	$311.26	$323.74	1.93%
$330.00	Jul 24	$0.01	$7.03	$7.04	$322.96	$337.04	2.17%
$315.00	Jul 24	$8.53	$0.18	$8.71	$306.29	$323.71	2.69%
$332.50	Jul 24	$0.18	$9.27	$9.45	$323.05	$341.95	2.92%
$335.00	Jul 24	$0.01	$12.05	$12.06	$322.94	$347.06	3.72%
$310.00	Jul 24	$13.63	$0.01	$13.64	$296.36	$323.64	4.21%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 160 found (cheapest 0.09% of stock, avg 7.46%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$325.00	$322.50	Jul 24	$0.17	$0.12	$0.29	$322.21	$325.29
$325.00	$320.00	Jul 24	$0.17	$0.13	$0.30	$319.70	$325.30
$327.50	$322.50	Jul 24	$0.27	$0.12	$0.39	$322.11	$327.89
$327.50	$320.00	Jul 24	$0.27	$0.13	$0.40	$319.60	$327.90
$325.00	$317.50	Jul 24	$0.17	$0.36	$0.53	$316.97	$325.53
$327.50	$317.50	Jul 24	$0.27	$0.36	$0.63	$316.87	$328.13
$340.00	$322.50	Jul 24	$0.50	$0.12	$0.62	$321.88	$340.62
$340.00	$320.00	Jul 24	$0.50	$0.13	$0.63	$319.37	$340.63
$325.00	$312.50	Jul 24	$0.17	$0.65	$0.82	$311.68	$325.82
$340.00	$317.50	Jul 24	$0.50	$0.36	$0.86	$316.64	$340.86

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 349 found (best R:R 44.45, avg credit $4.23)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
295/300	315/320	Aug 14	$4.89	$0.11	44.45	$295.11	$319.89
305/310	315/320	Aug 7	$4.88	$0.12	40.67	$305.12	$319.88
290/295	305/310	Aug 7	$4.83	$0.17	28.41	$290.17	$309.83
260/265	280/290	Jul 31	$9.60	$0.40	24.00	$255.40	$289.60
320/325	330/335	Aug 28	$4.80	$0.20	24.00	$320.20	$334.80
310/315	370/375	Sep 4	$4.80	$0.20	24.00	$310.20	$374.80
260/270	280/290	Aug 21	$9.56	$0.44	21.73	$260.44	$289.56
320/325	330/335	Aug 21	$4.77	$0.23	20.74	$320.23	$334.77
295/298	318/320	Jul 24	$2.38	$0.12	19.83	$295.12	$319.88
290/292	318/320	Jul 31	$2.37	$0.13	18.23	$290.13	$319.87

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 110 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$320.00	$325.00	$330.00	Aug 14	$0.05	$4.95	99.00
$367.50	$370.00	$372.50	Jul 24	$0.05	$2.45	49.00
$355.00	$357.50	$360.00	Aug 7	$0.05	$2.45	49.00
$300.00	$305.00	$310.00	Jul 24	$0.13	$4.87	37.46
$365.00	$367.50	$370.00	Jul 24	$0.07	$2.43	34.71

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$265.00	$270.00	$275.00	Aug 7	$0.11	$4.89	44.45
$335.00	$340.00	$345.00	Aug 21	$0.12	$4.88	40.67
$265.00	$270.00	$275.00	Aug 14	$0.13	$4.87	37.46
$330.00	$335.00	$340.00	Aug 21	$0.13	$4.87	37.46
$265.00	$270.00	$275.00	Jul 31	$0.16	$4.84	30.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 122 found (best net $-2.46, 96 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$285.00	$330.00	1:2	Sep 4	-$2.46	$42.54
$300.00	$330.00	1:2	Aug 28	-$7.87	$22.13
$305.00	$317.50	1:2	Jul 31	-$5.61	$6.89
$345.00	$355.00	1:2	Aug 14	-$4.05	$5.95
$360.00	$365.00	1:2	Jul 31	-$0.31	$4.69

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$380.00	$350.00	1:2	Aug 14	-$9.07	$20.93
$285.00	$265.00	1:2	Jul 24	-$0.17	$19.83
$270.00	$260.00	1:2	Aug 21	-$0.33	$9.67
$310.00	$295.00	1:2	Sep 4	-$7.91	$7.09
$280.00	$270.00	1:2	Aug 21	-$3.42	$6.58

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 79 found (best yield 7.38%, avg 2.38%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$330.00	Sep 4	$23.90	0.51	1.9%	7.38%	9.30%	1	--
$325.00	Aug 21	$22.10	0.52	0.4%	6.83%	7.20%	1	34
$330.00	Aug 28	$20.85	0.50	1.9%	6.44%	8.36%	5	--
$335.00	Aug 28	$19.70	0.47	3.5%	6.08%	9.55%	2	--
$330.00	Aug 21	$18.65	0.49	1.9%	5.76%	7.68%	43	838
$335.00	Aug 21	$17.55	0.46	3.5%	5.42%	8.88%	8	23
$325.00	Aug 14	$16.45	0.52	0.4%	5.08%	5.45%	11	43
$345.00	Aug 28	$15.05	0.41	6.5%	4.65%	11.20%	11	22
$350.00	Aug 28	$14.55	0.39	8.1%	4.49%	12.59%	8	25
$342.50	Aug 21	$14.45	0.41	5.8%	4.46%	10.24%	2	--

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 8,578

Total Puts 10,881

Put/Call Ratio 1.27

Net Difference -2,303

Prior's Put/Call Breakdown

Total Calls 11,733

Total Puts 19,071

Put/Call Ratio 1.63

Net Difference -7,338

Prior 7-Day Put/Call Summary

Total Calls 97,583

Total Puts 118,854

Average Put/Call Ratio 1.32

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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