PANW - Options Database

PANW

PALO ALTO NETWORKS I

$380.55 +7.22%

$380.34 (-0.05%)🌙

as of 10/23 06:44 PM

(10/22 18:46) ◀

Friday, October 23, 2026 (6:44pm)

▶ (10/26 18:45)

◀ 10/23 18:44 ▶

Option Volume

Detail

ℹ

Current (10/23) 66,864

Calls: 43,425 (65%)

Puts: 23,439 (35%)

Prior (10/22) 31,867

Calls: 18,274 (57%)

Puts: 13,593 (43%)

Current vs Prior +109.82%

Calls: +137.63% (Calls)

Puts: +72.43% (Puts)

Prior 7-Day Total 286,090

Calls: 145,122 (51%)

Puts: 140,968 (49%)

Prior 7-Day Average 40,870

Calls: 20,731 (51%)

Puts: 20,138 (49%)

Current vs Prior 7-Day Avg +63.60%

Calls: +109.46%

Puts: +16.39%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (10/23) $99.73M

Calls: $81.31M (82%)

Puts: $18.42M (18%)

Prior (10/22) $43.40M

Calls: $24.28M (56%)

Puts: $19.11M (44%)

Current vs Prior +129.82%

Calls: +234.85%

Puts: -3.62%

Prior 7-Day Total $561.41M

Calls: $348.04M (62%)

Puts: $213.37M (38%)

Prior 7-Day Average $80.20M

Calls: $49.72M (62%)

Puts: $30.48M (38%)

Current vs Prior 7-Day Avg +24.35%

Calls: +63.54%

Puts: -39.57%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (10/23) 0.54

Prior (10/22) 0.74

Current vs Prior -27.44%

Prior 7-Day Average 0.98

Current vs Prior 7-Day Avg -45.11%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (10/23) 344,484

Calls: 184,473 (54%)

Puts: 160,011 (46%)

Prior (10/22) 284,118

Calls: 146,556 (52%)

Puts: 137,562 (48%)

Current vs Prior +21.25%

Prior 7-Day Total 2,076,448

Calls: 1,039,642 (50%)

Puts: 1,036,806 (50%)

Prior 7-Day Average 296,635

Calls: 148,520 (50%)

Puts: 148,115 (50%)

Current vs Prior 7-Day Avg +16.13%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 0.95% | 7.29%14.77% | 20.47%

Prior 3.37% | 7.80%14.53% | 20.37%

Current vs Prior +116.58% | +25.78%+1.64% | +0.52%

Prior 7-Day Avg 4.55% | 7.65%11.40% | 18.24%

Current vs 7-Day Avg +60.19% | +28.24%+29.60% | +12.20%

Prior 7-Day Eod 3.37% | 7.80%14.53% | 20.37%

Current vs 7-Day Eod +116.58% | +25.78%+1.64% | +0.52%

Sentiment BEARISHBEARISH

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

Strong bullish conviction with 82% of dollar volume in calls ($81.31M) vs puts ($18.42M). Massive premium surge with dollar volume up 130% vs prior. Unusually high activity with volume up 110% vs prior - elevated interest. Bullish P/C ratio of 0.54.

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 NEUTRAL

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

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 21 of results (avg 7.5%, best 3.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$380.00	Oct 30	13.35	13.85	$13.60	3.7%	2.2K	0.53	276
$377.50	Oct 30	14.60	15.15	$14.88	3.7%	1.6K	0.56	43
$385.00	Oct 30	11.05	11.50	$11.28	4.0%	209	0.47	201
$360.00	Oct 30	25.50	26.80	$26.15	5.0%	124	0.75	191
$400.00	Oct 30	5.85	6.15	$6.00	5.0%	2.0K	0.30	3.5K

PUTS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$370.00	Oct 30	8.20	8.65	$8.43	5.3%	177	0.36	1.6K
$375.00	Nov 6	14.90	16.15	$15.52	8.1%	68	0.44	77
$430.00	Nov 20	55.40	61.10	$58.25	9.8%	2	0.73	--

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. 150 found (avg delta 0.75, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$307.50	Oct 23	69.00	76.45	$72.72	10.2%	1	1.00	--
$310.00	Oct 23	66.50	73.95	$70.22	10.6%	5	1.00	13
$320.00	Oct 23	56.30	62.35	$59.33	10.2%	1	1.00	--
$305.00	Oct 23	71.50	78.95	$75.22	9.9%	2	1.00	--
$355.00	Oct 23	23.50	28.85	$26.18	20.4%	515	1.00	410

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$382.50	Oct 23	1.19	4.00	$2.60	108.1%	23	1.00	22
$385.00	Oct 23	0.81	5.85	$3.33	151.4%	76	1.00	210
$387.50	Oct 23	4.75	11.00	$7.88	79.3%	37	1.00	30
$390.00	Oct 23	6.05	13.50	$9.78	76.2%	4	1.00	4
$392.50	Oct 23	8.55	16.00	$12.28	60.7%	3	1.00	10

Most actively traded options today. High liquidity = easy entry/exit. 406 active (total vol 50.1K, top 4.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$380.00	Oct 23	0.79	1.25	$1.02	45.1%	4.1K	0.68	1.8K
$380.00	Oct 30	13.35	13.85	$13.60	3.7%	2.2K	0.53	276
$400.00	Oct 30	5.85	6.15	$6.00	5.0%	2.0K	0.30	3.5K
$377.50	Oct 30	14.60	15.15	$14.88	3.7%	1.6K	0.56	43
$382.50	Oct 23	0.07	0.19	$0.13	92.3%	1.4K	0.15	293

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$375.00	Oct 23	0.00	0.03	$0.02	150.0%	2.1K	0.02	153
$377.50	Oct 23	0.01	0.34	$0.18	183.3%	1.4K	0.13	141
$380.00	Oct 23	0.22	0.45	$0.34	67.6%	1.1K	0.35	89
$372.50	Oct 23	0.00	0.01	$0.01	100.0%	734	0.01	47
$350.00	Oct 23	0.00	0.23	$0.12	191.7%	610	0.02	500

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 5 strikes (avg 2.9%, max 4.2%)

CALLS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$407.50	Oct 30	Nov 6	63.8%	61.2%	4.2%	41	22
$412.50	Oct 30	Nov 6	63.9%	61.9%	3.2%	94	38
$415.00	Oct 30	Nov 27	63.4%	62.2%	2.0%	134	383

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$405.00	Oct 30	Nov 6	63.5%	61.4%	3.5%	17	90
$400.00	Oct 30	Nov 20	63.2%	62.2%	1.6%	233	145

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 254 found (best R:R 2.42, avg 4.48)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$345.00	$365.00	Dec 4	$11.87	$8.13	$11.87	72%	0.68	$356.87
$410.00	$420.00	Dec 4	$2.03	$7.97	$2.03	39%	3.93	$412.03
$410.00	$420.00	Nov 20	$1.87	$8.13	$1.87	37%	4.35	$411.87
$352.50	$355.00	Nov 20	$0.25	$2.25	$0.25	70%	9.00	$352.75
$440.00	$450.00	Nov 20	$0.60	$9.40	$0.60	21%	15.67	$440.60

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$385.00	$382.50	Oct 23	$0.73	$1.77	$0.73	100%	2.42	$384.27
$380.00	$375.00	Nov 13	$0.63	$4.37	$0.63	46%	6.94	$379.37
$400.00	$397.50	Oct 30	$0.77	$1.73	$0.77	70%	2.25	$399.23
$382.50	$380.00	Nov 6	$0.30	$2.20	$0.30	50%	7.33	$382.20
$355.00	$350.00	Nov 13	$0.45	$4.55	$0.45	28%	10.11	$354.55

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 192 found (best R:R 2.29, avg 0.47)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$432.50	$435.00	Oct 23	$1.70	$1.70	$0.80	89%	2.13	$434.20
$450.00	$455.00	Dec 4	$2.57	$2.57	$2.43	76%	1.06	$452.57
$400.00	$410.00	Dec 4	$5.30	$5.30	$4.70	55%	1.13	$405.30
$402.50	$405.00	Oct 23	$1.27	$1.27	$1.23	86%	1.03	$403.77
$415.00	$420.00	Nov 27	$2.43	$2.43	$2.57	64%	0.95	$417.43

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$370.00	$365.00	Nov 6	$3.48	$3.48	$1.52	61%	2.29	$366.52
$345.00	$340.00	Nov 27	$2.90	$2.90	$2.10	72%	1.38	$342.10
$370.00	$365.00	Nov 13	$3.43	$3.43	$1.57	61%	2.18	$366.57
$345.00	$340.00	Nov 13	$2.42	$2.42	$2.58	77%	0.94	$342.58
$355.00	$350.00	Nov 20	$2.65	$2.65	$2.35	68%	1.13	$352.35

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 3 found (avg debit $9.82, cheapest $4.60)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$380.00	Oct 23	Oct 30	$12.58	52.7%	62.2%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$395.00	Oct 30	Nov 6	$4.60	64.3%	62.3%
$380.00	Oct 23	Oct 30	$12.29	52.7%	62.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 98 found (cheapest 0.36% of stock, avg 9.92%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$380.00	Oct 23	$1.02	$0.34	$1.36	$378.64	$381.36	0.36%
$382.50	Oct 23	$0.13	$2.60	$2.73	$379.77	$385.23	0.72%
$377.50	Oct 23	$2.98	$0.18	$3.16	$374.34	$380.66	0.83%
$385.00	Oct 23	$0.03	$3.33	$3.36	$381.64	$388.36	0.88%
$375.00	Oct 23	$5.40	$0.02	$5.42	$369.58	$380.42	1.42%
$387.50	Oct 23	$0.04	$7.88	$7.92	$379.58	$395.42	2.08%
$372.50	Oct 23	$8.00	$0.01	$8.01	$364.49	$380.51	2.10%
$390.00	Oct 23	$0.01	$9.78	$9.79	$380.21	$399.79	2.57%
$370.00	Oct 23	$10.73	$0.01	$10.74	$359.26	$380.74	2.82%
$392.50	Oct 23	$0.03	$12.28	$12.31	$380.19	$404.81	3.23%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 165 found (cheapest 0.08% of stock, avg 8.49%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$382.50	$377.50	Oct 23	$0.13	$0.18	$0.31	$377.19	$382.81
$382.50	$380.00	Oct 23	$0.13	$0.34	$0.47	$379.53	$382.97
$382.50	$357.50	Oct 23	$0.13	$0.90	$1.03	$356.47	$383.53
$382.50	$335.00	Oct 23	$0.13	$1.21	$1.34	$333.66	$383.84
$382.50	$332.50	Oct 23	$0.13	$1.23	$1.36	$331.14	$383.86
$402.50	$377.50	Oct 23	$1.33	$0.18	$1.51	$375.99	$404.01
$432.50	$377.50	Oct 23	$1.83	$0.18	$2.01	$375.49	$434.51
$402.50	$380.00	Oct 23	$1.33	$0.34	$1.67	$378.33	$404.17
$402.50	$357.50	Oct 23	$1.33	$0.90	$2.23	$355.27	$404.73
$402.50	$335.00	Oct 23	$1.33	$1.21	$2.54	$332.46	$405.04

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 263 found (best R:R 9.00, avg credit $2.04)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
340/345	445/450	Nov 27	$4.50	$0.50	48%	9.00	$340.50	$449.50
345/348	432/435	Oct 23	$2.27	$0.23	84%	9.87	$345.23	$434.77
330/332	402/405	Oct 23	$2.23	$0.27	79%	8.26	$330.27	$404.73
320/322	432/435	Oct 23	$1.90	$0.60	88%	3.17	$320.60	$434.40
355/358	402/405	Oct 23	$2.16	$0.34	76%	6.35	$355.34	$404.66
338/340	432/435	Oct 23	$1.85	$0.65	87%	2.85	$338.15	$434.35
340/342	432/435	Oct 23	$1.84	$0.66	86%	2.79	$340.66	$434.34
365/368	432/435	Oct 23	$1.86	$0.64	84%	2.91	$365.64	$434.36
340/345	430/435	Nov 13	$3.64	$1.36	56%	2.68	$341.36	$433.64
345/348	402/405	Oct 23	$1.84	$0.66	80%	2.79	$345.66	$404.34

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 145 found (best R:R 2.16, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$380.00	$382.50	$385.00	Oct 23	$0.79	$1.71	64%	2.16
$377.50	$380.00	$382.50	Oct 23	$1.07	$1.43	73%	1.34
$382.50	$385.00	$387.50	Oct 23	$0.11	$2.39	12%	21.73
$390.00	$392.50	$395.00	Oct 30	$0.05	$2.45	5%	49.00
$370.00	$375.00	$380.00	Dec 4	$0.12	$4.88	5%	40.67

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$350.00	$355.00	$360.00	Dec 4	$0.10	$4.90	5%	49.00
$372.50	$375.00	$377.50	Oct 23	$0.15	$2.35	12%	15.67
$320.00	$325.00	$330.00	Nov 6	$0.10	$4.90	4%	49.00
$340.00	$345.00	$350.00	Dec 4	$0.15	$4.85	5%	32.33
$352.50	$355.00	$357.50	Nov 6	$0.07	$2.43	3%	34.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 114 found (best net $-6.06, 94 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$375.00	$377.50	1:2	Oct 23	-$0.56	$1.94
$410.00	$420.00	1:2	Oct 23	-$0.17	$9.83
$385.00	$387.50	1:2	Oct 23	-$0.05	$2.45
$397.50	$400.00	1:2	Oct 23	-$0.01	$2.49
$392.50	$395.00	1:2	Oct 23	-$0.01	$2.49

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$420.00	$390.00	1:2	Nov 13	-$6.06	$23.94
$402.50	$392.50	1:2	Oct 23	-$2.28	$7.72
$385.00	$382.50	1:2	Oct 23	-$1.87	$0.63
$380.00	$377.50	1:2	Oct 23	-$0.02	$2.48
$342.50	$340.00	1:2	Oct 23	-$0.03	$2.47

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 94 found (best yield 5.86%, avg 2.20%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$400.00	Dec 4	$22.30	0.45	5.1%	5.86%	10.97%	4	--
$395.00	Dec 4	$22.30	0.47	3.8%	5.86%	9.66%	1	1
$385.00	Dec 4	$26.75	0.52	1.2%	7.03%	8.20%	2	--
$390.00	Dec 4	$24.45	0.49	2.5%	6.42%	8.91%	3	--
$410.00	Dec 4	$16.80	0.39	7.7%	4.41%	12.15%	65	--
$420.00	Dec 4	$13.55	0.36	10.4%	3.56%	13.93%	8	2
$425.00	Dec 4	$12.15	0.34	11.7%	3.19%	14.87%	12	--
$385.00	Nov 27	$24.65	0.51	1.2%	6.48%	7.65%	49	46
$390.00	Nov 27	$22.25	0.49	2.5%	5.85%	8.33%	3	--
$400.00	Nov 27	$18.05	0.43	5.1%	4.74%	9.85%	19	68

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 43,425

Total Puts 23,439

Put/Call Ratio 0.54

Net Difference 19,986

Prior's Put/Call Breakdown

Total Calls 18,274

Total Puts 13,593

Put/Call Ratio 0.74

Net Difference 4,681

Prior 7-Day Put/Call Summary

Total Calls 145,122

Total Puts 140,968

Average Put/Call Ratio 0.98

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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