Tour v490
PANW
PALO ALTO NETWORKS I
$366.34 +5.53%
$369.50 (+0.86%)🌙
as of 08/04 07:03 PM
(8/3 18:46) ◀
|
Tuesday, August 4, 2026 (7:03pm)
January 2026
|
▶ (8/5 19:05)
◀ 8/4 19:03 ▶

Option Volume

Detail
ℹ
Current (08/04) 37,587
Calls: 19,047 (51%)
Puts: 18,540 (49%)
Prior (08/03) 40,529
Calls: 21,558 (53%)
Puts: 18,971 (47%)
Current vs Prior -7.26%
Calls: -11.65% (Calls)
Puts: -2.27% (Puts)
Prior 7-Day Total 164,006
Calls: 80,789 (49%)
Puts: 83,217 (51%)
Prior 7-Day Average 23,429
Calls: 11,541 (49%)
Puts: 11,888 (51%)
Current vs Prior 7-Day Avg +60.43%
Calls: +65.03%
Puts: +55.95%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (08/04) $74.87M
Calls: $63.26M (84%)
Puts: $11.61M (16%)
Prior (08/03) $46.08M
Calls: $34.66M (75%)
Puts: $11.42M (25%)
Current vs Prior +62.46%
Calls: +82.49%
Puts: +1.66%
Prior 7-Day Total $215.03M
Calls: $143.68M (67%)
Puts: $71.34M (33%)
Prior 7-Day Average $30.72M
Calls: $20.53M (67%)
Puts: $10.19M (33%)
Current vs Prior 7-Day Avg +143.72%
Calls: +208.18%
Puts: +13.90%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (08/04) 0.97
Prior (08/03) 0.88
Current vs Prior +10.61%
Prior 7-Day Average 1.07
Current vs Prior 7-Day Avg -9.38%
Sentiment NEUTRAL

Open Interest

Detail
ℹ
Current (08/04) 242,913
Calls: 141,972 (58%)
Puts: 100,941 (42%)
Prior (08/03) 228,200
Calls: 115,298 (51%)
Puts: 112,902 (49%)
Current vs Prior +6.45%
Prior 7-Day Total 1,450,832
Calls: 724,331 (50%)
Puts: 726,501 (50%)
Prior 7-Day Average 207,261
Calls: 103,475 (50%)
Puts: 103,785 (50%)
Current vs Prior 7-Day Avg +17.20%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 5.06% | 8.03%10.65% | 19.27%
Prior 5.82% | 8.62%10.45% | 19.12%
Current vs Prior -12.98% | -6.76%+1.94% | +0.77%
Prior 7-Day Avg 5.78% | 8.75%13.35% | 20.27%
Current vs 7-Day Avg -12.40% | -8.15%-20.20% | -4.95%
Prior 7-Day Eod 5.82% | 8.62%10.45% | 19.12%
Current vs 7-Day Eod -12.98% | -6.76%+1.94% | +0.77%
Sentiment BULLISHBEARISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 14.12% | 13.55%
Calls: 9.39% | 9.89%
Puts: 18.85% | 17.22%
Prior 14.12% | 13.55%
Calls: 9.39% | 9.89%
Puts: 18.85% | 17.22%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 30.69% | 17.93%
Calls: 37.09% | 20.08%
Puts: 24.28% | 15.77%
Current vs 7-Day Avg -53.99% | -24.43%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 84% of dollar volume in calls ($63.26M) vs puts ($11.61M). Elevated premium activity with dollar volume up 62% vs prior. Dollar volume significantly above 7-day average (144% higher).

Smart Money BULLISH
Retail Flow NEUTRAL
Overall BULLISH
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 BULLISH
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

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 26 of results (avg 7.6%, best 1.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$360.00Sep 1836.5037.00$36.751.4%5120.581.7K
$350.00Sep 1841.4542.90$42.183.4%600.63735
$380.00Sep 1826.9528.35$27.655.1%5340.483.1K
$400.00Sep 1820.1521.30$20.735.5%1770.40369
$410.00Sep 1817.1518.30$17.736.5%630.35275
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$380.00Sep 1839.2541.25$40.255.0%130.52201
$310.00Sep 1810.2010.80$10.505.7%1010.20472
$340.00Sep 1819.3020.55$19.936.3%3130.33981
$430.00Sep 1872.3577.75$75.057.2%50.7218
$320.00Sep 1812.8013.80$13.307.5%750.241.9K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.74, cheapest $0.74)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$400.00Aug 70.700.77$0.749.5%2330.08765
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 123 found (avg delta 0.73, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Aug 762.6569.75$66.2010.7%20.99--
$320.00Aug 742.5549.70$46.1315.5%140.98116
$322.50Aug 740.3547.45$43.9016.2%30.97--
$310.00Aug 753.3059.75$56.5311.4%10.97--
$327.50Aug 735.2042.80$39.0019.5%20.97--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$402.50Aug 733.4040.50$36.9519.2%50.93--
$430.00Aug 2163.9569.85$66.908.8%20.8914
$425.00Aug 2157.5565.15$61.3512.4%20.861
$400.00Aug 1433.5041.25$37.3820.7%20.80--
$385.00Aug 719.0022.75$20.8818.0%100.7942

Most actively traded options today. High liquidity = easy entry/exit. 352 active (total vol 20.8K, top 1.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$375.00Aug 74.305.45$4.8823.6%1.0K0.35240
$365.00Aug 78.5010.40$9.4520.1%5640.54127
$380.00Sep 1826.9528.35$27.655.1%5340.483.1K
$370.00Aug 76.157.90$7.0324.9%5220.45668
$360.00Sep 1836.5037.00$36.751.4%5120.581.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$310.00Aug 140.171.10$0.64145.3%1.3K0.04348
$300.00Aug 70.050.10$0.0862.5%4740.01876
$340.00Aug 70.721.61$1.1776.1%4340.10249
$345.00Aug 71.722.10$1.9119.9%3860.1646
$315.00Aug 70.000.89$0.45197.8%3360.04151

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 70 strikes (avg 18.0%, max 64.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$310.00Aug 7Sep 18102.7%65.7%56.4%15372
$300.00Aug 7Sep 1893.3%66.3%40.8%19642
$315.00Aug 7Sep 495.7%74.4%28.6%431
$425.00Aug 7Sep 1180.1%64.3%24.4%50152
$352.50Aug 7Aug 2167.3%56.4%19.2%3777
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$307.50Aug 7Aug 21105.2%64.0%64.5%4493
$312.50Aug 7Aug 21100.8%63.9%57.7%294210
$305.00Aug 7Sep 11105.1%66.9%57.3%78212
$310.00Aug 7Sep 18102.7%65.7%56.4%166860
$302.50Aug 7Aug 14109.7%70.3%56.2%16--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 243 found (best R:R 37.46, avg 4.48)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$425.00$430.00Aug 14$0.14$4.86$0.1434.71$425.14
$425.00$430.00Aug 7$0.15$4.85$0.1532.33$425.15
$402.50$405.00Aug 7$0.12$2.38$0.1219.83$402.62
$400.00$402.50Aug 7$0.14$2.36$0.1416.86$400.14
$410.00$415.00Aug 7$0.28$4.72$0.2816.86$410.28
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$315.00$310.00Aug 28$0.13$4.87$0.1337.46$314.87
$310.00$305.00Aug 28$0.18$4.82$0.1826.78$309.82
$310.00$305.00Sep 11$0.18$4.82$0.1826.78$309.82
$320.00$315.00Sep 4$0.20$4.80$0.2024.00$319.80
$305.00$302.50Aug 14$0.11$2.39$0.1121.73$304.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 293 found (best R:R 29.30, avg 1.36)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$300.00$310.00Aug 7$9.67$9.67$0.3329.30$309.67
$300.00$322.50Aug 14$21.13$21.13$1.3715.42$321.13
$330.00$332.50Aug 7$2.28$2.28$0.2210.36$332.28
$322.50$325.00Aug 14$2.27$2.27$0.239.87$324.77
$310.00$320.00Aug 21$8.97$8.97$1.038.71$318.97
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$402.50$385.00Aug 7$16.07$16.07$1.4311.24$386.43
$400.00$390.00Aug 14$8.58$8.58$1.426.04$391.42
$360.00$357.50Aug 21$2.12$2.12$0.385.58$357.88
$332.50$330.00Aug 21$2.05$2.05$0.454.56$330.45
$425.00$390.00Aug 21$28.60$28.60$6.404.47$396.40

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 78 found (avg debit $3.65, cheapest $0.22)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$300.00Aug 7Aug 14$0.5893.3%73.8%
$425.00Aug 7Aug 14$0.8580.1%58.9%
$430.00Aug 7Aug 14$0.8671.3%60.6%
$420.00Aug 7Aug 14$1.3068.1%59.3%
$325.00Aug 7Aug 14$1.5877.1%60.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$310.00Aug 7Aug 14$0.22102.7%60.2%
$297.50Aug 7Aug 14$0.34107.7%69.3%
$315.00Aug 7Aug 14$0.4795.7%60.0%
$302.50Aug 7Aug 14$0.48109.7%70.3%
$312.50Aug 7Aug 14$0.56100.8%64.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 117 found (cheapest 4.74% of stock, avg 12.55%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$365.00Aug 7$9.45$7.90$17.35$347.65$382.354.74%
$367.50Aug 7$8.25$9.10$17.35$350.15$384.854.74%
$370.00Aug 7$7.03$10.45$17.48$352.52$387.484.77%
$362.50Aug 7$10.88$6.98$17.86$344.64$380.364.88%
$360.00Aug 7$12.35$5.73$18.08$341.92$378.084.94%
$375.00Aug 7$4.88$13.50$18.38$356.62$393.385.02%
$357.50Aug 7$14.00$4.83$18.83$338.67$376.335.14%
$377.50Aug 7$4.35$15.20$19.55$357.95$397.055.34%
$355.00Aug 7$15.70$4.03$19.73$335.27$374.735.39%
$380.00Aug 7$3.58$17.00$20.58$359.42$400.585.62%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 2.29% of stock, avg 9.13%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$377.50$355.00Aug 7$4.35$4.03$8.38$346.62$385.88
$375.00$355.00Aug 7$4.88$4.03$8.91$346.09$383.91
$377.50$357.50Aug 7$4.35$4.83$9.18$348.32$386.68
$375.00$357.50Aug 7$4.88$4.83$9.71$347.79$384.71
$377.50$360.00Aug 7$4.35$5.73$10.08$349.92$387.58
$372.50$355.00Aug 7$6.08$4.03$10.11$344.89$382.61
$375.00$360.00Aug 7$4.88$5.73$10.61$349.39$385.61
$372.50$357.50Aug 7$6.08$4.83$10.91$346.59$383.41
$370.00$355.00Aug 7$7.03$4.03$11.06$343.94$381.06
$377.50$362.50Aug 7$4.35$6.98$11.33$351.17$388.83

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 329 found (best R:R 54.56, avg credit $3.93)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
300/310320/330Sep 18$9.82$0.1854.56$300.18$329.82
295/298300/310Aug 7$9.79$0.2146.62$287.71$309.79
330/335350/355Sep 4$4.85$0.1532.33$330.15$354.85
370/380390/400Sep 18$9.67$0.3329.30$370.33$399.67
340/345355/360Sep 4$4.83$0.1728.41$340.17$359.83
310/315350/355Sep 11$4.83$0.1728.41$310.17$354.83
330/335350/355Sep 11$4.81$0.1925.32$330.19$354.81
345/350355/360Aug 28$4.79$0.2122.81$345.21$359.79
325/328332/335Aug 14$2.39$0.1121.73$325.11$334.89
300/305310/320Aug 21$9.56$0.4421.73$295.44$319.56

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 147 found (best R:R 82.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$410.00$415.00$420.00Aug 14$0.06$4.9482.33
$385.00$390.00$395.00Aug 21$0.08$4.9261.50
$387.50$390.00$392.50Aug 7$0.05$2.4549.00
$342.50$345.00$347.50Aug 14$0.05$2.4549.00
$405.00$410.00$415.00Aug 21$0.11$4.8944.45
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$312.50$315.00$317.50Aug 7$0.07$2.4334.71
$347.50$350.00$352.50Aug 7$0.07$2.4334.71
$350.00$352.50$355.00Aug 7$0.07$2.4334.71
$355.00$357.50$360.00Aug 14$0.07$2.4334.71
$302.50$305.00$307.50Aug 7$0.09$2.4126.78

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 96 found (best net $-4.15, 90 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$400.00$415.001:2Sep 11-$8.65$6.35
$415.00$420.001:2Aug 7-$0.01$4.99
$420.00$425.001:2Aug 7-$0.29$4.71
$420.00$425.001:2Aug 14-$0.69$4.31
$425.00$430.001:2Aug 14-$0.77$4.23
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$425.00$390.001:2Aug 21-$4.15$30.85
$400.00$365.001:2Sep 4-$5.02$29.98
$430.00$390.001:2Sep 18-$17.15$22.85
$402.50$385.001:2Aug 7-$4.81$12.69
$340.00$330.001:2Aug 28-$5.25$4.75

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 94 found (best yield 8.43%, avg 2.48%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$370.00Sep 18$30.900.531.0%8.43%9.43%1251.9K
$380.00Sep 18$26.950.483.7%7.36%11.09%5343.1K
$370.00Sep 11$25.400.521.0%6.93%7.93%1--
$370.00Sep 4$24.500.521.0%6.69%7.69%1414
$375.00Sep 11$24.000.502.4%6.55%8.92%101
$390.00Sep 18$22.850.446.5%6.24%12.70%62427
$380.00Sep 11$21.250.473.7%5.80%9.53%1--
$375.00Sep 4$21.050.492.4%5.75%8.11%1415
$400.00Sep 18$20.150.409.2%5.50%14.69%177369
$370.00Aug 28$19.850.501.0%5.42%6.42%4035

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 19,047
Total Puts 18,540
Put/Call Ratio 0.97
Net Difference 507

Prior's Put/Call Breakdown

Total Calls 21,558
Total Puts 18,971
Put/Call Ratio 0.88
Net Difference 2,587

Prior 7-Day Put/Call Summary

Total Calls 80,789
Total Puts 83,217
Average Put/Call Ratio 1.07
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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Chart Title

Price — Past 7 Days

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