Tour v528
PANW
PALO ALTO NETWORKS I
$375.09 +0.31%
$375.39 (+0.08%)🌙
as of 09/15 06:58 PM
9/15 18:58

Option Volume

Detail
Current (09/15) 42,004
Calls: 27,558 (66%)
Puts: 14,446 (34%)
Prior (09/14) 124,704
Calls: 80,334 (64%)
Puts: 44,370 (36%)
Current vs Prior -66.32%
Calls: -65.70% (Calls)
Puts: -67.44% (Puts)
Prior 7-Day Total 369,482
Calls: 214,534 (58%)
Puts: 154,948 (42%)
Prior 7-Day Average 52,783
Calls: 30,647 (58%)
Puts: 22,135 (42%)
Current vs Prior 7-Day Avg -20.42%
Calls: -10.08%
Puts: -34.74%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/15) $72.01M
Calls: $49.36M (69%)
Puts: $22.65M (31%)
Prior (09/14) $244.62M
Calls: $196.11M (80%)
Puts: $48.51M (20%)
Current vs Prior -70.56%
Calls: -74.83%
Puts: -53.31%
Prior 7-Day Total $539.58M
Calls: $393.91M (73%)
Puts: $145.67M (27%)
Prior 7-Day Average $77.08M
Calls: $56.27M (73%)
Puts: $20.81M (27%)
Current vs Prior 7-Day Avg -6.58%
Calls: -12.28%
Puts: +8.82%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/15) 0.52
Prior (09/14) 0.55
Current vs Prior -5.09%
Prior 7-Day Average 0.76
Current vs Prior 7-Day Avg -31.42%
Sentiment BULLISH

Open Interest

Detail
Current (09/15) 317,742
Calls: 177,374 (56%)
Puts: 140,368 (44%)
Prior (09/14) 374,183
Calls: 205,028 (55%)
Puts: 169,155 (45%)
Current vs Prior -15.08%
Prior 7-Day Total 2,111,283
Calls: 1,142,335 (54%)
Puts: 968,948 (46%)
Prior 7-Day Average 301,611
Calls: 163,190 (54%)
Puts: 138,421 (46%)
Current vs Prior 7-Day Avg +5.35%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 4.91% | 7.65%4.91% | 13.48%
Prior 5.66% | 7.95%5.66% | 13.65%
Current vs Prior -13.13% | -3.83%-13.13% | -1.26%
Prior 7-Day Avg 4.23% | 6.87%6.49% | 13.79%
Current vs 7-Day Avg +16.22% | +11.36%-24.24% | -2.24%
Prior 7-Day Eod 5.66% | 7.95%5.66% | 13.65%
Current vs 7-Day Eod -13.13% | -3.83%-13.13% | -1.26%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 14.50% | 15.66%
Calls: 7.31% | 18.69%
Puts: 21.70% | 12.62%
Prior 14.50% | 15.66%
Calls: 7.31% | 18.69%
Puts: 21.70% | 12.62%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 19.19% | 20.84%
Calls: 12.55% | 23.79%
Puts: 25.83% | 17.87%
Current vs 7-Day Avg -24.43% | -24.85%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 69% call dollar volume ($49.36M). Light premium activity with dollar volume down 71% vs prior. Below-average activity with volume down 66% vs prior. Bullish P/C ratio of 0.52.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
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 40 of results (avg 8.2%, best 4.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$400.00Oct 1613.6514.20$13.933.9%1.5K0.371.5K
$370.00Oct 1624.8526.30$25.585.7%3630.56898
$350.00Sep 1825.4026.95$26.175.9%1220.901.0K
$310.00Oct 1667.3572.00$69.686.7%10.89--
$310.00Sep 1863.6068.05$65.836.8%30.99508
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$375.00Oct 918.7020.00$19.356.7%410.4717
$450.00Oct 3077.4583.15$80.307.1%20.80--
$440.00Oct 2367.7572.75$70.257.1%20.79--
$445.00Oct 3073.2078.85$76.037.4%100.79--
$440.00Oct 3069.0074.40$71.707.5%120.77--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.45, cheapest $0.45)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$420.00Sep 180.400.49$0.4520.0%7760.043.5K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 132 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$310.00Sep 1863.6068.05$65.836.8%30.99508
$315.00Sep 1858.2563.20$60.738.2%20.99--
$320.00Sep 1853.6558.10$55.888.0%300.99994
$322.50Sep 1850.3555.75$53.0510.2%20.99--
$325.00Sep 1848.7053.30$51.009.0%110.98184
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Sep 1871.0077.40$74.208.6%21.00--
$445.00Oct 969.2576.00$72.639.3%20.861
$400.00Sep 1825.1027.25$26.188.2%20.8556
$415.00Sep 2539.4544.90$42.1812.9%20.84--
$397.50Sep 1821.4526.70$24.0821.8%20.83--

Most actively traded options today. High liquidity = easy entry/exit. 362 active (total vol 27.2K, top 2.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$400.00Sep 181.561.74$1.6510.9%2.8K0.152.2K
$380.00Sep 186.006.60$6.309.5%1.9K0.423.8K
$400.00Oct 1613.6514.20$13.933.9%1.5K0.371.5K
$450.00Sep 180.070.15$0.1172.7%9460.014.2K
$395.00Sep 182.102.91$2.5132.3%9100.20477
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$365.00Sep 183.804.35$4.0713.5%5280.30194
$345.00Sep 180.580.81$0.7032.9%4150.07293
$340.00Sep 180.350.69$0.5265.4%3990.051.9K
$335.00Sep 180.150.36$0.2680.8%3670.03448
$360.00Sep 182.493.10$2.8021.8%3640.221.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 33 strikes (avg 18.4%, max 25.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$375.00Sep 18Oct 3062.7%50.1%25.1%6171.1K
$395.00Sep 18Oct 3066.9%53.6%24.9%914502
$372.50Sep 18Sep 2564.8%52.2%24.1%167352
$380.00Sep 18Oct 3062.7%51.1%22.8%1.9K3.8K
$360.00Sep 18Oct 3063.2%51.7%22.4%5002.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$375.00Sep 18Oct 3062.7%50.1%25.1%210209
$372.50Sep 18Sep 2564.8%52.2%24.1%210315
$380.00Sep 18Oct 3062.7%51.1%22.8%125483
$360.00Sep 18Oct 3063.2%51.7%22.4%3751.3K
$390.00Sep 18Oct 1664.9%53.2%21.9%47466

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 245 found (best R:R 4.88, avg 4.35)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$380.00$385.00Oct 30$0.85$4.15$0.8551%4.88$380.85
$345.00$360.00Oct 30$8.87$6.13$8.8772%0.69$353.87
$390.00$400.00Oct 16$2.87$7.13$2.8743%2.48$392.87
$400.00$405.00Oct 9$0.65$4.35$0.6534%6.69$400.65
$400.00$405.00Oct 23$0.91$4.09$0.9139%4.49$400.91
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$350.00$345.00Oct 30$0.73$4.27$0.7331%5.85$349.27
$375.00$370.00Oct 30$1.55$3.45$1.5546%2.23$373.45
$387.50$385.00Sep 18$1.20$1.30$1.2070%1.08$386.30
$330.00$325.00Oct 23$0.40$4.60$0.4019%11.50$329.60
$372.50$370.00Sep 25$0.65$1.85$0.6545%2.85$371.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 188 found (best R:R 3.17, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$380.00$385.00Oct 2$3.00$3.00$2.0051%1.50$383.00
$430.00$435.00Oct 30$1.80$1.80$3.2073%0.56$431.80
$395.00$400.00Oct 9$2.20$2.20$2.8061%0.79$397.20
$380.00$382.50Sep 25$1.45$1.45$1.0553%1.38$381.45
$395.00$400.00Oct 23$2.30$2.30$2.7058%0.85$397.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$307.50$305.00Oct 2$1.90$1.90$0.6091%3.17$305.60
$355.00$350.00Oct 30$2.89$2.89$2.1166%1.37$352.11
$370.00$360.00Oct 16$5.18$5.18$4.8256%1.07$364.82
$340.00$335.00Oct 23$2.25$2.25$2.7575%0.82$337.75
$360.00$350.00Oct 9$4.08$4.08$5.9265%0.69$355.92

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 17 found (avg debit $4.93, cheapest $4.17)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$372.50Sep 18Sep 25$4.8764.8%52.2%
$367.50Sep 18Sep 25$5.0764.8%54.4%
$387.50Sep 18Sep 25$4.6064.8%55.4%
$375.00Sep 18Sep 25$5.1362.7%53.7%
$385.00Sep 18Sep 25$4.8563.8%55.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$372.50Sep 18Sep 25$4.1764.8%52.2%
$367.50Sep 18Sep 25$4.5064.8%54.4%
$375.00Sep 18Sep 25$4.8562.7%53.7%
$385.00Sep 18Sep 25$4.6263.8%55.3%
$382.50Sep 18Sep 25$4.8063.5%55.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 90 found (cheapest 4.51% of stock, avg 9.60%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$375.00Sep 18$8.65$8.25$16.90$358.10$391.904.51%
$370.00Sep 18$11.18$5.88$17.06$352.94$387.064.55%
$372.50Sep 18$10.13$7.33$17.46$355.04$389.964.65%
$377.50Sep 18$7.65$9.78$17.43$360.07$394.934.65%
$380.00Sep 18$6.30$11.15$17.45$362.55$397.454.65%
$367.50Sep 18$12.68$5.25$17.93$349.57$385.434.78%
$382.50Sep 18$5.45$12.68$18.13$364.37$400.634.83%
$365.00Sep 18$14.63$4.07$18.70$346.30$383.704.99%
$385.00Sep 18$4.65$14.40$19.05$365.95$404.055.08%
$362.50Sep 18$16.05$3.35$19.40$343.10$381.905.17%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 175 found (cheapest 2.16% of stock, avg 7.52%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$387.50$365.00Sep 18$4.03$4.07$8.10$356.90$395.60
$385.00$365.00Sep 18$4.65$4.07$8.72$356.28$393.72
$387.50$367.50Sep 18$4.03$5.25$9.28$358.22$396.78
$385.00$367.50Sep 18$4.65$5.25$9.90$357.60$394.90
$382.50$365.00Sep 18$5.45$4.07$9.52$355.48$392.02
$387.50$370.00Sep 18$4.03$5.88$9.91$360.09$397.41
$382.50$367.50Sep 18$5.45$5.25$10.70$356.80$393.20
$385.00$370.00Sep 18$4.65$5.88$10.53$359.47$395.53
$382.50$370.00Sep 18$5.45$5.88$11.33$358.67$393.83
$380.00$365.00Sep 18$6.30$4.07$10.37$354.63$390.37

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 293 found (best R:R 1.23, avg credit $1.64)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
305/308420/425Oct 2$2.76$2.2472%1.23$304.74$422.76
305/308425/430Oct 2$2.43$2.5774%0.95$305.07$427.43
305/308410/415Oct 2$2.83$2.1766%1.30$304.67$412.83
305/308400/405Oct 2$3.15$1.8559%1.70$304.35$403.15
305/308405/410Oct 2$2.97$2.0363%1.46$304.53$407.97
305/308415/420Oct 2$2.50$2.5069%1.00$305.00$417.50
350/355420/425Oct 30$4.06$0.9434%4.32$350.94$424.06
335/340420/425Oct 23$3.45$1.5546%2.23$336.55$423.45
350/355415/420Oct 30$4.09$0.9132%4.49$350.91$419.09
350/355425/430Oct 30$3.84$1.1636%3.31$351.16$428.84

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 153 found (best R:R 141.86, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$370.00$380.00$390.00Oct 16$0.22$9.7814%44.45
$410.00$420.00$430.00Sep 18$0.07$9.935%141.86
$400.00$410.00$420.00Oct 16$0.48$9.5211%19.83
$360.00$365.00$370.00Oct 9$0.10$4.908%49.00
$380.00$385.00$390.00Oct 9$0.12$4.887%40.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$360.00$370.00$380.00Oct 16$0.07$9.9314%141.86
$390.00$400.00$410.00Oct 16$0.47$9.5312%20.28
$390.00$395.00$400.00Oct 9$0.07$4.938%70.43
$340.00$350.00$360.00Oct 16$0.62$9.3813%15.13
$400.00$405.00$410.00Oct 9$0.10$4.906%49.00

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 $-7.88, 104 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$315.00$345.001:2Oct 30-$23.08$6.92
$402.50$410.001:2Sep 18-$0.14$7.36
$425.00$440.001:2Oct 9-$1.94$13.06
$410.00$420.001:2Sep 18-$0.14$9.86
$430.00$440.001:2Sep 18-$0.05$9.95
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$410.00$380.001:2Oct 23-$7.88$22.12
$445.00$415.001:2Oct 9-$19.87$10.13
$340.00$337.501:2Sep 18-$0.02$2.48
$307.50$305.001:2Sep 25-$0.02$2.48
$310.00$307.501:2Sep 18-$0.01$2.49

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 100 found (best yield 5.19%, avg 1.99%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$390.00Oct 30$19.450.464.0%5.19%9.16%2--
$385.00Oct 30$21.400.492.6%5.71%8.35%3130
$395.00Oct 30$17.650.435.3%4.71%10.01%425
$400.00Oct 30$15.950.416.6%4.25%10.89%2487
$380.00Oct 30$23.550.511.3%6.28%7.59%3412
$405.00Oct 30$14.450.388.0%3.85%11.83%139
$410.00Oct 30$13.000.369.3%3.47%12.77%1736
$415.00Oct 30$11.700.3410.6%3.12%13.76%414
$420.00Oct 30$10.600.3112.0%2.83%14.80%715
$385.00Oct 23$19.300.482.6%5.15%7.79%326

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 27,558
Total Puts 14,446
Put/Call Ratio 0.52
Net Difference 13,112

Prior's Put/Call Breakdown

Total Calls 80,334
Total Puts 44,370
Put/Call Ratio 0.55
Net Difference 35,964

Prior 7-Day Put/Call Summary

Total Calls 214,534
Total Puts 154,948
Average Put/Call Ratio 0.76
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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Chart Title

Price — Past 7 Days

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