Tour v528
PANW
PALO ALTO NETWORKS I
$363.58 -3.06%
$363.84 (+0.07%)🌙
as of 09/18 06:52 PM
9/18 18:52

Option Volume

Detail
Current (09/18) 66,549
Calls: 40,674 (61%)
Puts: 25,875 (39%)
Prior (09/15) 42,004
Calls: 27,558 (66%)
Puts: 14,446 (34%)
Current vs Prior +58.43%
Calls: +47.59% (Calls)
Puts: +79.12% (Puts)
Prior 7-Day Total 356,157
Calls: 211,887 (59%)
Puts: 144,270 (41%)
Prior 7-Day Average 50,879
Calls: 30,269 (59%)
Puts: 20,610 (41%)
Current vs Prior 7-Day Avg +30.80%
Calls: +34.37%
Puts: +25.55%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/18) $84.82M
Calls: $57.84M (68%)
Puts: $26.98M (32%)
Prior (09/15) $72.01M
Calls: $49.36M (69%)
Puts: $22.65M (31%)
Current vs Prior +17.79%
Calls: +17.16%
Puts: +19.15%
Prior 7-Day Total $520.72M
Calls: $375.43M (72%)
Puts: $145.30M (28%)
Prior 7-Day Average $74.39M
Calls: $53.63M (72%)
Puts: $20.76M (28%)
Current vs Prior 7-Day Avg +14.02%
Calls: +7.84%
Puts: +30.00%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/18) 0.64
Prior (09/15) 0.52
Current vs Prior +21.36%
Prior 7-Day Average 0.72
Current vs Prior 7-Day Avg -11.69%
Sentiment BULLISH

Open Interest

Detail
Current (09/18) 325,378
Calls: 186,408 (57%)
Puts: 138,970 (43%)
Prior (09/15) 317,742
Calls: 177,374 (56%)
Puts: 140,368 (44%)
Current vs Prior +2.40%
Prior 7-Day Total 2,082,181
Calls: 1,134,905 (55%)
Puts: 947,276 (45%)
Prior 7-Day Average 297,454
Calls: 162,129 (55%)
Puts: 135,325 (45%)
Current vs Prior 7-Day Avg +9.39%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 1.05% | 5.54%1.05% | 11.99%
Prior 4.91% | 7.65%4.91% | 13.48%
Current vs Prior +12.68% | +1.30%-78.62% | -11.08%
Prior 7-Day Avg 4.49% | 7.11%6.08% | 13.66%
Current vs 7-Day Avg +23.23% | +8.88%-82.71% | -12.26%
Prior 7-Day Eod 4.91% | 7.65%4.91% | 13.48%
Current vs 7-Day Eod +12.68% | +1.30%-78.62% | -11.08%
Sentiment BEARISHBULLISH

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 18.41% | 19.97%
Calls: 11.67% | 22.94%
Puts: 25.14% | 17.00%
Current vs 7-Day Avg -21.23% | -21.60%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 68% call dollar volume ($57.84M). Above-average activity with volume up 58% vs prior. Bullish P/C ratio of 0.64.

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 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

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 11 of results (avg 7.5%, best 5.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$320.00Sep 1842.1544.50$43.335.4%411.00989
$300.00Sep 1861.5565.80$63.686.7%221.00618
$350.00Oct 1625.7027.50$26.606.8%2830.641.3K
$360.00Oct 1620.3522.05$21.208.0%2260.55666
$380.00Oct 1612.4513.50$12.988.1%1930.40836
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$340.00Oct 168.609.10$8.855.6%2490.28834
$350.00Oct 2314.4015.30$14.856.1%100.3719
$435.00Oct 3073.1579.45$76.308.3%10.82--

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. 124 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$300.00Sep 1861.5565.80$63.686.7%221.00618
$310.00Sep 1849.7056.35$53.0312.5%141.00454
$315.00Sep 1844.3050.80$47.5513.7%31.00--
$320.00Sep 1842.1544.50$43.335.4%411.00989
$325.00Sep 1834.6542.35$38.5020.0%61.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$410.00Sep 1842.8050.35$46.5816.2%81.00--
$430.00Sep 1862.8570.30$66.5811.2%11.00--
$385.00Sep 1817.6525.35$21.5035.8%11.00--
$392.50Sep 1825.1532.80$28.9826.4%151.00--
$400.00Sep 1833.0540.35$36.7019.9%51.0057

Most actively traded options today. High liquidity = easy entry/exit. 372 active (total vol 45.0K, top 6.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$360.00Sep 181.905.65$3.7899.2%6.4K1.001.5K
$372.50Sep 180.000.49$0.25196.0%2.2K0.08815
$370.00Sep 180.000.01$0.01100.0%1.8K0.012.9K
$365.00Sep 180.060.60$0.33163.6%1.8K0.25488
$400.00Sep 250.911.12$1.0220.6%1.7K0.09782
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$355.00Sep 180.001.50$0.75200.0%1.3K0.16370
$360.00Sep 180.000.04$0.02200.0%9200.031.1K
$330.00Oct 21.762.62$2.1939.3%8430.13832
$350.00Sep 180.000.01$0.01100.0%8370.001.7K
$365.00Sep 181.213.40$2.3095.2%7700.75476

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 234.7%, max 558.9%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$355.00Sep 18Oct 30320.3%48.6%558.9%155133
$362.50Sep 18Oct 283.1%46.6%78.5%918441
$365.00Sep 18Oct 3079.8%47.9%66.7%1.8K515
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$355.00Sep 18Oct 30320.3%48.6%558.9%1.3K370
$362.50Sep 18Oct 283.1%46.6%78.5%416104
$365.00Sep 18Oct 3079.8%47.9%66.7%777484

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 212 found (best R:R 0.54, avg 4.13)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$325.00$350.00Oct 30$16.20$8.80$16.2079%0.54$341.20
$340.00$342.50Sep 25$0.50$2.00$0.5086%4.00$340.50
$395.00$400.00Oct 23$0.37$4.63$0.3732%12.51$395.37
$405.00$410.00Oct 30$0.40$4.60$0.4029%11.50$405.40
$340.00$342.50Sep 18$1.55$0.95$1.55100%0.61$341.55
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$382.50$380.00Sep 18$1.05$1.45$1.0599%1.38$381.45
$372.50$370.00Sep 18$1.48$1.02$1.4892%0.69$371.02
$350.00$345.00Oct 30$1.17$3.83$1.1737%3.27$348.83
$315.00$310.00Oct 23$0.29$4.71$0.2914%16.24$314.71
$352.50$350.00Oct 2$0.52$1.98$0.5235%3.81$351.98

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 164 found (best R:R 2.13, avg 0.37)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$400.00$405.00Oct 23$2.03$2.03$2.9770%0.68$402.03
$420.00$425.00Oct 30$1.62$1.62$3.3877%0.48$421.62
$400.00$405.00Oct 30$1.93$1.93$3.0768%0.63$401.93
$425.00$430.00Sep 25$0.49$0.49$4.5195%0.11$425.49
$415.00$417.50Sep 25$0.38$0.38$2.1295%0.18$415.38
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$355.00$350.00Oct 30$3.40$3.40$1.6059%2.13$351.60
$345.00$340.00Oct 30$2.98$2.98$2.0266%1.48$342.02
$345.00$340.00Oct 23$2.82$2.82$2.1866%1.29$342.18
$305.00$300.00Oct 2$0.99$0.99$4.0193%0.25$304.01
$300.00$295.00Oct 30$1.15$1.15$3.8589%0.30$298.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $8.41, cheapest $8.16)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$362.50Sep 18Sep 25$8.6683.1%46.5%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$362.50Sep 18Sep 25$8.1683.1%46.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 100 found (cheapest 0.55% of stock, avg 8.05%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$362.50Sep 18$1.52$0.49$2.01$360.49$364.510.55%
$365.00Sep 18$0.33$2.30$2.63$362.37$367.630.72%
$360.00Sep 18$3.78$0.02$3.80$356.20$363.801.05%
$367.50Sep 18$0.05$4.49$4.54$362.96$372.041.25%
$357.50Sep 18$5.57$0.10$5.67$351.83$363.171.56%
$370.00Sep 18$0.01$7.57$7.58$362.42$377.582.08%
$355.00Sep 18$8.05$0.75$8.80$346.20$363.802.42%
$372.50Sep 18$0.25$9.05$9.30$363.20$381.802.56%
$352.50Sep 18$10.50$0.01$10.51$341.99$363.012.89%
$375.00Sep 18$0.01$11.78$11.79$363.21$386.793.24%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 156 found (cheapest 0.10% of stock, avg 6.55%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$372.50$357.50Sep 18$0.25$0.10$0.35$357.15$372.85
$365.00$357.50Sep 18$0.33$0.10$0.43$357.07$365.43
$365.00$362.50Sep 18$0.33$0.49$0.82$361.68$365.82
$372.50$362.50Sep 18$0.25$0.49$0.74$361.76$373.24
$372.50$355.00Sep 18$0.25$0.75$1.00$354.00$373.50
$365.00$355.00Sep 18$0.33$0.75$1.08$353.92$366.08
$375.00$352.50Sep 25$4.82$4.58$9.40$343.10$384.40
$375.00$355.00Sep 25$4.82$5.40$10.22$344.78$385.22
$410.00$320.00Oct 16$5.93$4.05$9.98$310.02$419.98
$372.50$352.50Sep 25$5.75$4.58$10.33$342.17$382.83

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 259 found (best R:R 32.33, avg credit $1.74)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
340/345400/405Oct 23$4.85$0.1536%32.33$340.15$404.85
295/300400/405Oct 30$3.08$1.9257%1.60$296.92$403.08
340/345415/420Oct 30$3.91$1.0940%3.59$341.09$418.91
340/345410/415Oct 30$3.95$1.0538%3.76$341.05$413.95
340/345405/410Oct 23$3.84$1.1640%3.31$341.16$408.84
340/345410/415Oct 23$3.72$1.2842%2.91$341.28$413.72
340/345415/420Oct 23$3.52$1.4844%2.38$341.48$418.52
330/335400/405Oct 23$3.48$1.5244%2.29$331.52$403.48
320/325400/405Oct 23$3.13$1.8750%1.67$321.87$403.13
335/340400/405Oct 23$3.61$1.3940%2.60$336.39$403.61

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 169 found (best R:R 51.63, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$330.00$340.00$350.00Oct 16$0.19$9.8115%51.63
$380.00$390.00$400.00Oct 16$0.40$9.6013%24.00
$360.00$362.50$365.00Sep 18$1.07$1.4375%1.34
$360.00$370.00$380.00Oct 16$0.58$9.4216%16.24
$400.00$410.00$420.00Oct 16$0.25$9.7510%39.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$362.50$365.00$367.50Sep 18$0.38$2.1262%5.58
$360.00$370.00$380.00Oct 16$0.67$9.3316%13.93
$320.00$330.00$340.00Oct 16$0.54$9.4613%17.52
$360.00$365.00$370.00Oct 9$0.10$4.909%49.00
$350.00$355.00$360.00Oct 9$0.13$4.8710%37.46

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 168 found (best net $-10.97, 148 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$325.00$350.001:2Oct 30-$16.03$8.97
$357.50$360.001:2Sep 18-$1.99$0.51
$420.00$430.001:2Sep 18$0.00$10.00
$382.50$385.001:2Sep 18$0.00$2.50
$390.00$392.501:2Sep 18$0.00$2.50
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$420.00$390.001:2Oct 16-$10.97$19.03
$435.00$400.001:2Oct 30-$17.90$17.10
$367.50$365.001:2Sep 18-$0.11$2.39
$370.00$367.501:2Sep 18-$1.41$1.09
$310.00$300.001:2Oct 9-$0.25$9.75

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 92 found (best yield 4.95%, avg 1.72%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$375.00Oct 30$18.000.463.1%4.95%8.09%2--
$370.00Oct 30$19.850.491.8%5.46%7.23%11--
$380.00Oct 30$15.900.434.5%4.37%8.89%7--
$365.00Oct 30$22.050.520.4%6.06%6.46%927
$385.00Oct 30$14.200.405.9%3.91%9.80%2--
$390.00Oct 30$12.600.387.3%3.47%10.73%565
$400.00Oct 30$9.900.3210.0%2.72%12.74%16274
$405.00Oct 30$8.700.2911.4%2.39%13.79%2--
$400.00Oct 23$9.700.3010.0%2.67%12.68%374
$370.00Oct 23$17.500.481.8%4.81%6.58%3060

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 40,674
Total Puts 25,875
Put/Call Ratio 0.64
Net Difference 14,799

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 211,887
Total Puts 144,270
Average Put/Call Ratio 0.72
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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