PANW Options Chain
PANW $391.50 · Updated Oct 26, 4:00 PM ET
PANW is at $391.50. The nearest expiration, Oct 30, 2026 (4 days out), lists 132 strikes, with 9,392 calls and 4,797 puts traded in the latest session. At-the-money implied volatility is 65.8%. The at-the-money straddle prices a move of about $21.65 (5.5%) by expiration.
EXPIRATION
- Oct 30, 2026
- Nov 6, 2026
- Nov 13, 2026
- Nov 20, 2026
- Nov 27, 2026
- Dec 4, 2026
- Dec 18, 2026
- Jan 15, 2027
- Mar 19, 2027
- Apr 16, 2027
ATM IV
65.8%
392.5 strike
EXPECTED MOVE
$21.65
ATM straddle
MAX PAIN
$372.50
-4.9%
PUT/CALL VOLUME
0.51
4,797 / 9,392
OCT 30, 2026 CHAIN
| CALLS | PUTS | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Last | Vol | OI | IV | Delta | Gamma | Theta | Strike | Theta | Gamma | Delta | IV | OI | Vol | Last | Ask | Bid |
| 33.60 | 38.85 | 39.97 | 6 | 99 | 55.2% | 0.905 | 0.0057 | -0.569 | 355 | -0.574 | 0.0057 | -0.095 | 72.9% | 350 | 159 | 1.32 | 1.64 | 1.20 |
| 31.90 | 36.65 | 35.36 | 51 | 126 | 62.5% | 0.890 | 0.0064 | -0.644 | 357.5 | -0.649 | 0.0064 | -0.110 | 70.9% | 68 | 20 | 1.83 | 2.05 | 1.08 |
| 29.40 | 34.50 | 33.45 | 31 | 191 | 61.4% | 0.873 | 0.0072 | -0.723 | 360 | -0.729 | 0.0072 | -0.127 | 70.9% | 233 | 200 | 2.00 | 2.40 | 1.40 |
| 27.00 | 32.40 | 32.30 | 3 | 166 | 60.8% | 0.853 | 0.0079 | -0.805 | 362.5 | -0.811 | 0.0080 | -0.147 | 70.5% | 63 | 33 | 2.18 | 2.81 | 1.69 |
| 25.05 | 30.30 | 29.48 | 76 | 160 | 62.2% | 0.832 | 0.0087 | -0.889 | 365 | -0.895 | 0.0087 | -0.168 | 69.1% | 129 | 171 | 2.57 | 2.90 | 2.19 |
| 23.45 | 27.90 | 20.53 | 191 | 63.0% | 0.809 | 0.0095 | -0.973 | 367.5 | -0.978 | 0.0095 | -0.191 | 70.7% | 114 | 30 | 3.05 | 3.75 | 2.66 | |
| 21.70 | 26.35 | 26.15 | 61 | 312 | 66.0% | 0.784 | 0.0103 | -1.055 | 370 | -1.061 | 0.0103 | -0.216 | 67.3% | 1,655 | 269 | 3.62 | 3.80 | 2.95 |
| 20.05 | 24.50 | 24.10 | 13 | 200 | 67.2% | 0.757 | 0.0110 | -1.134 | 372.5 | -1.140 | 0.0111 | -0.244 | 66.8% | 26 | 64 | 3.73 | 4.50 | 3.35 |
| 18.65 | 21.35 | 20.01 | 145 | 447 | 63.7% | 0.728 | 0.0118 | -1.208 | 375 | -1.214 | 0.0118 | -0.273 | 67.8% | 139 | 82 | 4.79 | 5.05 | 4.45 |
| 17.30 | 19.50 | 19.37 | 1,236 | 1,340 | 64.8% | 0.697 | 0.0124 | -1.275 | 377.5 | -1.282 | 0.0125 | -0.303 | 68.0% | 66 | 92 | 5.61 | 6.45 | 4.65 |
| 16.05 | 17.75 | 17.50 | 1,622 | 1,662 | 65.9% | 0.665 | 0.0130 | -1.334 | 380 | -1.341 | 0.0131 | -0.336 | 68.8% | 290 | 177 | 6.44 | 7.65 | 5.40 |
| 14.05 | 16.95 | 16.21 | 68 | 128 | 67.0% | 0.632 | 0.0135 | -1.383 | 382.5 | -1.390 | 0.0136 | -0.369 | 69.3% | 26 | 37 | 7.13 | 8.85 | 6.25 |
| 13.50 | 15.40 | 13.80 | 305 | 253 | 69.7% | 0.597 | 0.0139 | -1.421 | 385 | -1.428 | 0.0140 | -0.404 | 69.5% | 84 | 130 | 8.60 | 9.35 | 7.90 |
| 12.35 | 13.45 | 12.60 | 196 | 117 | 68.5% | 0.562 | 0.0142 | -1.446 | 387.5 | -1.454 | 0.0143 | -0.439 | 69.6% | 11 | 58 | 8.20 | 11.20 | 8.35 |
| 10.80 | 12.00 | 11.98 | 738 | 546 | 67.2% | 0.526 | 0.0144 | -1.459 | 390 | -1.467 | 0.0145 | -0.475 | 70.0% | 785 | 159 | 10.22 | 11.95 | 10.15 |
| 7.95 | 11.60 | 10.72 | 45 | 12 | 64.6% | 0.490 | 0.0145 | -1.459 | 392.5 | -1.466 | 0.0145 | -0.512 | 67.0% | 11 | 12 | 11.77 | 13.00 | 10.75 |
| 8.50 | 9.75 | 9.30 | 150 | 286 | 67.4% | 0.454 | 0.0144 | -1.446 | 395 | -1.453 | 0.0145 | -0.548 | 68.0% | 34 | 83 | 13.50 | 14.95 | 11.90 |
| 7.40 | 8.55 | 8.30 | 55 | 162 | 66.6% | 0.419 | 0.0142 | -1.420 | 397.5 | -1.427 | 0.0143 | -0.583 | 69.2% | 8 | 1 | 19.10 | 16.95 | 13.25 |
| 7.00 | 7.30 | 7.30 | 1,262 | 4,362 | 67.3% | 0.385 | 0.0139 | -1.383 | 400 | -1.389 | 0.0140 | -0.618 | 69.9% | 246 | 245 | 16.10 | 19.15 | 14.40 |
| 4.90 | 7.15 | 7.00 | 77 | 48 | 65.5% | 0.351 | 0.0135 | -1.336 | 402.5 | -1.342 | 0.0135 | -0.651 | 69.7% | 8 | 10 | 18.30 | 20.40 | 16.35 |
| 4.50 | 6.75 | 5.80 | 134 | 227 | 68.0% | 0.320 | 0.0130 | -1.280 | 405 | -1.285 | 0.0130 | -0.683 | 65.0% | 64 | 7 | 19.22 | 21.00 | 17.80 |
| 3.75 | 6.00 | 5.10 | 67 | 47 | 67.7% | 0.290 | 0.0124 | -1.216 | 407.5 | -1.221 | 0.0124 | -0.713 | 69.5% | 3 | 2 | 20.70 | 24.05 | 19.65 |
| 3.85 | 4.55 | 4.25 | 471 | 1,098 | 67.4% | 0.261 | 0.0118 | -1.148 | 410 | -1.151 | 0.0118 | -0.742 | 73.1% | 105 | 1 | 30.06 | 26.90 | 21.50 |
| 3.00 | 4.00 | 3.55 | 40 | 63 | 66.3% | 0.234 | 0.0111 | -1.075 | 412.5 | -1.077 | 0.0111 | -0.768 | 73.5% | 1 | 1 | 32.27 | 28.80 | 23.50 |
| 2.90 | 3.45 | 2.88 | 84 | 442 | 67.7% | 0.210 | 0.0104 | -0.999 | 415 | -1.000 | 0.0104 | -0.793 | 74.0% | 12 | 74.04 | 30.80 | 25.55 | |
| 2.08 | 3.35 | 3.35 | 23 | 108 | 67.6% | 0.187 | 0.0096 | -0.923 | 417.5 | -0.923 | 0.0097 | -0.816 | 71.7% | 1 | 38.50 | 33.70 | 26.15 | |
| 2.04 | 2.57 | 2.42 | 307 | 297 | 67.4% | 0.166 | 0.0089 | -0.847 | 420 | -0.846 | 0.0090 | -0.837 | 78.3% | 86 | 43.50 | 35.80 | 29.65 | |
| 1.79 | 2.39 | 2.04 | 257 | 43 | 68.8% | 0.147 | 0.0082 | -0.772 | 422.5 | -0.770 | 0.0082 | -0.857 | 77.0% | 0.00 | 37.40 | 31.95 | ||
| 1.28 | 2.00 | 1.78 | 106 | 161 | 69.6% | 0.129 | 0.0075 | -0.699 | 425 | -0.697 | 0.0075 | -0.874 | 80.9% | 3 | 50.10 | 40.30 | 34.10 | |
| 1.20 | 1.67 | 1.56 | 35 | 47 | 67.8% | 0.113 | 0.0068 | -0.630 | 427.5 | -0.627 | 0.0068 | -0.890 | 79.4% | 0.00 | 41.90 | 36.50 | ||
| 1.23 | 1.41 | 1.25 | 234 | 335 | 69.4% | 0.099 | 0.0062 | -0.564 | 430 | -0.561 | 0.0062 | -0.904 | 73.1% | 80.19 | 44.60 | 37.15 | ||
How this is calculated: Options Chain methodology
