PANW - Options Database

PANW

PALO ALTO NETWORKS I

$354.92 +2.21%

$354.85 (-0.02%)🌙

as of 10/22 06:46 PM

(10/21 18:39) ◀

Thursday, October 22, 2026 (6:46pm)

▶ (10/23 18:44)

◀ 10/22 18:46 ▶

Option Volume

Detail

ℹ

Current (10/22) 31,867

Calls: 18,274 (57%)

Puts: 13,593 (43%)

Prior (10/21) 33,999

Calls: 20,319 (60%)

Puts: 13,680 (40%)

Current vs Prior -6.27%

Calls: -10.06% (Calls)

Puts: -0.64% (Puts)

Prior 7-Day Total 281,490

Calls: 141,818 (50%)

Puts: 139,672 (50%)

Prior 7-Day Average 40,212

Calls: 20,259 (50%)

Puts: 19,953 (50%)

Current vs Prior 7-Day Avg -20.75%

Calls: -9.80%

Puts: -31.88%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/22) $43.40M

Calls: $24.28M (56%)

Puts: $19.11M (44%)

Prior (10/21) $99.65M

Calls: $82.99M (83%)

Puts: $16.66M (17%)

Current vs Prior -56.45%

Calls: -70.74%

Puts: +14.74%

Prior 7-Day Total $586.51M

Calls: $377.56M (64%)

Puts: $208.96M (36%)

Prior 7-Day Average $83.79M

Calls: $53.94M (64%)

Puts: $29.85M (36%)

Current vs Prior 7-Day Avg -48.21%

Calls: -54.98%

Puts: -35.98%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/22) 0.74

Prior (10/21) 0.67

Current vs Prior +10.48%

Prior 7-Day Average 0.99

Current vs Prior 7-Day Avg -25.21%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (10/22) 284,118

Calls: 146,556 (52%)

Puts: 137,562 (48%)

Prior (10/21) 292,739

Calls: 136,110 (46%)

Puts: 156,629 (54%)

Current vs Prior -2.94%

Prior 7-Day Total 2,063,832

Calls: 1,040,565 (50%)

Puts: 1,023,267 (50%)

Prior 7-Day Average 294,833

Calls: 148,652 (50%)

Puts: 146,181 (50%)

Current vs Prior 7-Day Avg -3.63%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (10/23) | Next (10/30)Expiry (11/20) | Next (12/18)

Current 3.37% | 7.80%14.53% | 20.37%

Prior 3.92% | 7.31%14.34% | 19.28%

Current vs Prior -14.03% | +6.62%+1.34% | +5.63%

Prior 7-Day Avg 4.75% | 7.54%9.99% | 17.55%

Current vs 7-Day Avg -29.04% | +3.46%+45.40% | +16.02%

Prior 7-Day Eod 3.92% | 7.31%14.34% | 19.28%

Current vs 7-Day Eod -14.03% | +6.62%+1.34% | +5.63%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 33.98% | 13.73%

Calls: 31.25% | 10.65%

Puts: 36.70% | 16.80%

Prior 33.98% | 13.73%

Calls: 31.25% | 10.65%

Puts: 36.70% | 16.80%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 33.98% | 13.73%

Calls: 31.25% | 10.65%

Puts: 36.70% | 16.80%

Current vs 7-Day Avg +0.00% | +0.00%

Liquidity Expensive

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🤖 AI Insights

Light premium activity with dollar volume down 56% vs prior.

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 NEUTRAL

Prior BULLISH

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

⚖️

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 14 of results (avg 8.7%, best 7.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$285.00	Oct 23	67.70	73.00	$70.35	7.5%	7	0.94	5
$290.00	Nov 6	64.40	69.85	$67.13	8.1%	1	0.93	--
$290.00	Nov 20	67.40	73.20	$70.30	8.3%	13	0.88	153
$297.50	Oct 23	55.20	60.50	$57.85	9.2%	14	1.00	2
$295.00	Oct 23	57.15	62.70	$59.93	9.3%	11	1.00	8

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$320.00	Nov 20	10.15	11.00	$10.58	8.0%	83	0.25	2.1K
$340.00	Nov 20	17.00	18.45	$17.73	8.2%	236	0.37	1.1K
$350.00	Nov 20	21.20	23.05	$22.13	8.4%	123	0.44	2.1K
$352.50	Nov 20	22.20	24.15	$23.17	8.4%	55	0.45	13
$350.00	Nov 6	14.00	15.30	$14.65	8.9%	11	0.43	147

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.77, cheapest $0.77)

CALLS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$370.00	Oct 23	0.70	0.84	$0.77	18.2%	1.2K	0.13	527

PUTS (0)

No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 111 found (avg delta 0.71, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$295.00	Oct 23	57.15	62.70	$59.93	9.3%	11	1.00	8
$297.50	Oct 23	55.20	60.50	$57.85	9.2%	14	1.00	2
$300.00	Oct 23	52.60	58.00	$55.30	9.8%	7	1.00	25
$310.00	Oct 23	42.75	48.05	$45.40	11.7%	12	0.99	20
$315.00	Oct 23	37.60	43.05	$40.33	13.5%	2	0.98	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$372.50	Oct 23	15.00	20.40	$17.70	30.5%	2	1.00	48
$375.00	Oct 23	17.00	23.25	$20.13	31.0%	12	1.00	157
$377.50	Oct 23	19.40	25.80	$22.60	28.3%	1	1.00	--
$380.00	Oct 23	21.85	28.30	$25.08	25.7%	10	1.00	140
$385.00	Oct 23	27.10	32.55	$29.83	18.3%	13	1.00	258

Most actively traded options today. High liquidity = easy entry/exit. 337 active (total vol 21.6K, top 3.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$360.00	Oct 23	2.77	3.30	$3.04	17.4%	3.7K	0.37	610
$370.00	Oct 23	0.70	0.84	$0.77	18.2%	1.2K	0.13	527
$365.00	Oct 23	1.25	1.65	$1.45	27.6%	560	0.22	344
$405.00	Nov 27	7.10	12.80	$9.95	57.3%	557	0.27	8
$380.00	Oct 23	0.10	0.26	$0.18	88.9%	496	0.04	1.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$342.50	Oct 23	0.86	1.57	$1.22	58.2%	1.4K	0.16	647
$335.00	Oct 23	0.31	0.51	$0.41	48.8%	935	0.07	1.3K
$347.50	Oct 23	1.71	2.90	$2.30	51.7%	695	0.27	108
$350.00	Oct 23	2.67	3.50	$3.09	26.9%	649	0.34	443
$330.00	Oct 23	0.14	0.33	$0.24	79.2%	413	0.04	845

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 21 strikes (avg 21.3%, max 37.8%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$355.00	Oct 23	Dec 4	80.5%	58.6%	37.3%	111	410
$345.00	Oct 23	Nov 27	80.9%	59.7%	35.5%	18	299
$342.50	Oct 23	Nov 6	78.6%	61.6%	27.5%	8	51
$350.00	Oct 23	Nov 20	77.6%	61.5%	26.2%	252	1.6K
$352.50	Oct 23	Nov 20	76.9%	60.9%	26.2%	67	171

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$345.00	Oct 23	Nov 13	80.9%	58.7%	37.8%	373	351
$355.00	Oct 23	Dec 4	80.5%	58.6%	37.3%	106	447
$350.00	Oct 23	Dec 4	77.6%	58.2%	33.5%	656	443
$342.50	Oct 23	Oct 30	78.6%	60.1%	30.7%	1.4K	693
$352.50	Oct 23	Nov 20	76.9%	60.9%	26.2%	84	68

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 226 found (best R:R 2.01, avg 4.75)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$365.00	$395.00	Dec 4	$9.97	$20.03	$9.97	49%	2.01	$374.97
$400.00	$410.00	Nov 20	$0.65	$9.35	$0.65	26%	14.38	$400.65
$370.00	$375.00	Nov 13	$0.83	$4.17	$0.83	41%	5.02	$370.83
$410.00	$420.00	Nov 6	$0.21	$9.79	$0.21	13%	46.62	$410.21
$405.00	$420.00	Dec 4	$3.02	$11.98	$3.02	30%	3.97	$408.02

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$372.50	$370.00	Nov 6	$0.73	$1.77	$0.73	63%	2.42	$371.77
$310.00	$305.00	Nov 20	$0.17	$4.83	$0.17	20%	28.41	$309.83
$332.50	$330.00	Nov 20	$0.15	$2.35	$0.15	33%	15.67	$332.35
$300.00	$290.00	Nov 6	$0.13	$9.87	$0.13	8%	75.92	$299.87
$335.00	$330.00	Nov 6	$0.77	$4.23	$0.77	29%	5.49	$334.23

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 175 found (best R:R 2.52, avg 0.53)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$387.50	$390.00	Oct 30	$1.79	$1.79	$0.71	79%	2.52	$389.29
$382.50	$385.00	Oct 30	$1.65	$1.65	$0.85	77%	1.94	$384.15
$377.50	$380.00	Oct 30	$1.77	$1.77	$0.73	72%	2.42	$379.27
$355.00	$357.50	Oct 23	$2.24	$2.24	$0.26	47%	8.62	$357.24
$375.00	$380.00	Nov 6	$2.35	$2.35	$2.65	65%	0.89	$377.35

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$340.00	$330.00	Nov 27	$4.70	$4.70	$5.30	62%	0.89	$335.30
$310.00	$305.00	Nov 13	$1.86	$1.86	$3.14	83%	0.59	$308.14
$330.00	$315.00	Dec 4	$5.07	$5.07	$9.93	68%	0.51	$324.93
$340.00	$330.00	Dec 4	$4.45	$4.45	$5.55	62%	0.80	$335.55
$345.00	$342.50	Oct 30	$1.87	$1.87	$0.63	63%	2.97	$343.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $7.55, cheapest $6.95)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$352.50	Oct 23	Oct 30	$7.83	76.9%	58.0%
$355.00	Oct 23	Oct 30	$7.35	80.5%	63.3%
$350.00	Oct 23	Oct 30	$7.35	77.6%	60.6%
$357.50	Oct 23	Oct 30	$7.67	66.2%	61.1%
$360.00	Oct 23	Oct 30	$8.49	69.9%	66.8%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$352.50	Oct 23	Oct 30	$6.95	76.9%	58.0%
$355.00	Oct 23	Oct 30	$7.90	80.5%	63.3%
$350.00	Oct 23	Oct 30	$7.21	77.6%	60.6%
$357.50	Oct 23	Oct 30	$7.93	66.2%	61.1%
$360.00	Oct 23	Oct 30	$6.80	69.9%	66.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 86 found (cheapest 2.82% of stock, avg 9.73%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$357.50	Oct 23	$3.76	$6.25	$10.01	$347.49	$367.51	2.82%
$352.50	Oct 23	$6.55	$4.00	$10.55	$341.95	$363.05	2.97%
$360.00	Oct 23	$3.04	$8.28	$11.32	$348.68	$371.32	3.19%
$355.00	Oct 23	$6.00	$5.40	$11.40	$343.60	$366.40	3.21%
$350.00	Oct 23	$8.48	$3.09	$11.57	$338.43	$361.57	3.26%
$362.50	Oct 23	$2.29	$9.53	$11.82	$350.68	$374.32	3.33%
$347.50	Oct 23	$10.03	$2.30	$12.33	$335.17	$359.83	3.47%
$365.00	Oct 23	$1.45	$11.05	$12.50	$352.50	$377.50	3.52%
$345.00	Oct 23	$11.93	$1.83	$13.76	$331.24	$358.76	3.88%
$367.50	Oct 23	$1.12	$13.35	$14.47	$353.03	$381.97	4.08%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 170 found (cheapest 0.83% of stock, avg 8.35%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$367.50	$345.00	Oct 23	$1.12	$1.83	$2.95	$342.05	$370.45
$365.00	$345.00	Oct 23	$1.45	$1.83	$3.28	$341.72	$368.28
$367.50	$347.50	Oct 23	$1.12	$2.30	$3.42	$344.08	$370.92
$365.00	$347.50	Oct 23	$1.45	$2.30	$3.75	$343.75	$368.75
$362.50	$345.00	Oct 23	$2.29	$1.83	$4.12	$340.88	$366.62
$362.50	$347.50	Oct 23	$2.29	$2.30	$4.59	$342.91	$367.09
$367.50	$350.00	Oct 23	$1.12	$3.09	$4.21	$345.79	$371.71
$365.00	$350.00	Oct 23	$1.45	$3.09	$4.54	$345.46	$369.54
$362.50	$350.00	Oct 23	$2.29	$3.09	$5.38	$344.62	$367.88
$360.00	$345.00	Oct 23	$3.04	$1.83	$4.87	$340.13	$364.87

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 222 found (best R:R 21.73, avg credit $1.84)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
312/315	388/390	Oct 30	$2.39	$0.11	69%	21.73	$312.61	$389.89
300/302	388/390	Oct 30	$2.20	$0.30	72%	7.33	$300.30	$389.70
320/322	388/390	Oct 30	$2.35	$0.15	64%	15.67	$320.15	$389.85
305/310	390/395	Nov 13	$3.71	$1.29	54%	2.88	$306.29	$393.71
312/315	382/385	Oct 30	$2.25	$0.25	66%	9.00	$312.75	$384.75
312/315	378/380	Oct 30	$2.37	$0.13	61%	18.23	$312.63	$379.87
300/302	382/385	Oct 30	$2.06	$0.44	70%	4.68	$300.44	$384.56
300/302	378/380	Oct 30	$2.18	$0.32	65%	6.81	$300.32	$379.68
320/322	382/385	Oct 30	$2.21	$0.29	62%	7.62	$320.29	$384.71
320/322	378/380	Oct 30	$2.33	$0.17	57%	13.71	$320.17	$379.83

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 123 found (best R:R 65.67, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$310.00	$320.00	$330.00	Nov 20	$0.15	$9.85	11%	65.67
$340.00	$345.00	$350.00	Nov 13	$0.11	$4.89	8%	44.45
$375.00	$380.00	$385.00	Nov 13	$0.11	$4.89	7%	44.45
$355.00	$360.00	$365.00	Nov 27	$0.08	$4.92	6%	61.50
$390.00	$395.00	$400.00	Nov 6	$0.08	$4.92	5%	61.50

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$375.00	$380.00	$385.00	Oct 30	$0.13	$4.87	11%	37.46
$347.50	$350.00	$352.50	Oct 23	$0.12	$2.38	14%	19.83
$320.00	$325.00	$330.00	Nov 27	$0.08	$4.92	5%	61.50
$370.00	$375.00	$380.00	Nov 20	$0.12	$4.88	6%	40.67
$337.50	$340.00	$342.50	Oct 30	$0.08	$2.42	5%	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. 115 found (best net $-5.76, 108 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$365.00	$395.00	1:2	Dec 4	-$5.76	$24.24
$315.00	$335.00	1:2	Nov 6	-$14.33	$5.67
$290.00	$315.00	1:2	Nov 6	-$22.53	$2.47
$377.50	$380.00	1:2	Oct 23	-$0.02	$2.48
$382.50	$385.00	1:2	Oct 23	-$0.03	$2.47

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$410.00	$385.00	1:2	Nov 6	-$15.71	$9.29
$340.00	$337.50	1:2	Oct 23	-$0.18	$2.32
$317.50	$315.00	1:2	Oct 23	-$0.03	$2.47
$325.00	$315.00	1:2	Nov 6	-$1.64	$8.36
$300.00	$295.00	1:2	Oct 23	-$0.01	$4.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 99 found (best yield 6.16%, avg 2.25%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$365.00	Dec 4	$21.85	0.49	2.8%	6.16%	9.00%	1	--
$360.00	Dec 4	$23.90	0.52	1.4%	6.73%	8.17%	1	--
$355.00	Dec 4	$26.15	0.54	0.0%	7.37%	7.39%	1	--
$395.00	Dec 4	$12.05	0.35	11.3%	3.40%	14.69%	1	--
$360.00	Nov 27	$22.20	0.51	1.4%	6.25%	7.69%	3	24
$365.00	Nov 27	$19.90	0.48	2.8%	5.61%	8.45%	5	9
$355.00	Nov 27	$24.55	0.54	0.0%	6.92%	6.94%	46	10
$370.00	Nov 27	$17.80	0.45	4.2%	5.02%	9.26%	48	12
$375.00	Nov 27	$15.85	0.42	5.7%	4.47%	10.12%	69	6
$380.00	Nov 27	$14.10	0.40	7.1%	3.97%	11.04%	12	7

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 18,274

Total Puts 13,593

Put/Call Ratio 0.74

Net Difference 4,681

Prior's Put/Call Breakdown

Total Calls 20,319

Total Puts 13,680

Put/Call Ratio 0.67

Net Difference 6,639

Prior 7-Day Put/Call Summary

Total Calls 141,818

Total Puts 139,672

Average Put/Call Ratio 0.99

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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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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