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
59.7%
390 strike
EXPECTED MOVE
$41.33
ATM straddle
MAX PAIN
$365.00
-6.8%
PUT/CALL VOLUME
1.08
561 / 519
NOV 13, 2026 CHAIN
| CALLS | PUTS | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Last | Vol | OI | IV | Delta | Gamma | Theta | Strike | Theta | Gamma | Delta | IV | OI | Vol | Last | Ask | Bid |
| 74.25 | 81.00 | 66.84 | 1 | 64.7% | 0.942 | 0.0020 | -0.164 | 315 | -0.175 | 0.0020 | -0.058 | 65.2% | 318 | 2 | 1.34 | 1.74 | 1.23 | |
| 69.40 | 76.25 | 64.40 | 2 | 62.7% | 0.930 | 0.0024 | -0.189 | 320 | -0.200 | 0.0024 | -0.069 | 64.6% | 342 | 33 | 1.67 | 2.19 | 1.50 | |
| 64.90 | 71.80 | 29.85 | 5 | 63.0% | 0.917 | 0.0028 | -0.218 | 325 | -0.228 | 0.0028 | -0.083 | 62.9% | 335 | 43 | 2.06 | 2.57 | 1.67 | |
| 60.25 | 65.70 | 61.36 | 3 | 144 | 56.1% | 0.901 | 0.0032 | -0.250 | 330 | -0.259 | 0.0032 | -0.099 | 63.3% | 285 | 18 | 2.58 | 3.45 | 2.05 |
| 55.30 | 61.35 | 29.20 | 22 | 54.7% | 0.882 | 0.0036 | -0.284 | 335 | -0.292 | 0.0036 | -0.118 | 63.1% | 142 | 18 | 3.24 | 4.30 | 2.53 | |
| 51.00 | 57.15 | 46.00 | 5 | 55.4% | 0.861 | 0.0041 | -0.319 | 340 | -0.328 | 0.0041 | -0.139 | 59.1% | 161 | 14 | 3.94 | 4.60 | 2.35 | |
| 48.15 | 53.05 | 45.10 | 1 | 25 | 59.2% | 0.837 | 0.0046 | -0.356 | 345 | -0.364 | 0.0046 | -0.163 | 59.9% | 98 | 11 | 4.85 | 6.00 | 3.00 |
| 42.75 | 49.10 | 49.45 | 30 | 58 | 56.1% | 0.811 | 0.0050 | -0.392 | 350 | -0.400 | 0.0051 | -0.189 | 60.5% | 337 | 43 | 6.30 | 6.30 | 5.05 |
| 40.05 | 45.30 | 44.52 | 1 | 130 | 58.7% | 0.782 | 0.0055 | -0.427 | 355 | -0.434 | 0.0055 | -0.217 | 61.2% | 108 | 31 | 6.80 | 7.65 | 6.40 |
| 36.85 | 41.70 | 33.13 | 95 | 59.7% | 0.752 | 0.0060 | -0.460 | 360 | -0.466 | 0.0060 | -0.248 | 59.9% | 214 | 23 | 8.20 | 9.20 | 6.90 | |
| 32.75 | 39.40 | 35.55 | 9 | 203 | 60.6% | 0.719 | 0.0064 | -0.490 | 365 | -0.495 | 0.0064 | -0.281 | 61.1% | 68 | 21 | 9.58 | 12.05 | 7.85 |
| 29.40 | 35.00 | 32.30 | 16 | 184 | 58.6% | 0.685 | 0.0067 | -0.516 | 370 | -0.521 | 0.0068 | -0.315 | 61.3% | 57 | 17 | 11.85 | 13.05 | 10.45 |
| 26.25 | 31.80 | 31.75 | 33 | 598 | 58.4% | 0.650 | 0.0070 | -0.537 | 375 | -0.542 | 0.0071 | -0.351 | 61.4% | 71 | 10 | 12.80 | 16.55 | 10.85 |
| 23.15 | 28.95 | 22.38 | 3 | 154 | 58.2% | 0.613 | 0.0073 | -0.553 | 380 | -0.558 | 0.0074 | -0.388 | 60.3% | 198 | 17 | 15.00 | 16.20 | 14.70 |
| 21.50 | 26.30 | 25.25 | 19 | 265 | 59.9% | 0.575 | 0.0075 | -0.565 | 385 | -0.568 | 0.0076 | -0.426 | 60.6% | 64 | 2 | 17.10 | 20.55 | 15.10 |
| 18.50 | 23.65 | 21.76 | 26 | 151 | 58.9% | 0.537 | 0.0077 | -0.571 | 390 | -0.574 | 0.0077 | -0.464 | 60.4% | 11 | 2 | 18.56 | 22.90 | 17.60 |
| 18.10 | 20.70 | 20.15 | 18 | 186 | 60.8% | 0.499 | 0.0077 | -0.571 | 395 | -0.574 | 0.0078 | -0.503 | 57.8% | 23 | 19 | 21.12 | 23.85 | 20.25 |
| 13.50 | 19.15 | 17.18 | 34 | 727 | 58.1% | 0.461 | 0.0077 | -0.567 | 400 | -0.569 | 0.0078 | -0.541 | 60.7% | 89 | 60.70 | 28.70 | 23.10 | |
| 12.40 | 16.40 | 15.61 | 9 | 124 | 58.1% | 0.423 | 0.0076 | -0.557 | 405 | -0.559 | 0.0077 | -0.579 | 60.5% | 23 | 44.45 | 31.65 | 26.15 | |
| 10.50 | 14.90 | 13.11 | 17 | 377 | 58.3% | 0.387 | 0.0075 | -0.544 | 410 | -0.545 | 0.0075 | -0.615 | 59.4% | 14 | 48.82 | 34.00 | 29.50 | |
| 9.85 | 12.70 | 11.25 | 6 | 67 | 58.8% | 0.352 | 0.0072 | -0.526 | 415 | -0.527 | 0.0073 | -0.650 | 59.5% | 14 | 72.98 | 37.45 | 32.90 | |
| 7.95 | 10.20 | 9.90 | 13 | 85 | 56.4% | 0.319 | 0.0070 | -0.506 | 420 | -0.506 | 0.0070 | -0.684 | 61.1% | 5 | 62.10 | 41.95 | 36.50 | |
| 5.60 | 10.25 | 8.75 | 11 | 219 | 56.7% | 0.288 | 0.0066 | -0.483 | 425 | -0.482 | 0.0067 | -0.716 | 61.6% | 2 | 28.48 | 45.80 | 40.30 | |
| 3.95 | 9.20 | 7.62 | 4 | 141 | 55.8% | 0.259 | 0.0063 | -0.458 | 430 | -0.457 | 0.0064 | -0.745 | 61.6% | 10 | 31.00 | 49.55 | 44.20 | |
| 3.85 | 8.45 | 6.65 | 7 | 86 | 57.9% | 0.232 | 0.0059 | -0.432 | 435 | -0.430 | 0.0060 | -0.772 | 62.1% | 0.00 | 53.65 | 48.25 | ||
| 4.05 | 6.50 | 5.53 | 25 | 48 | 57.9% | 0.207 | 0.0055 | -0.405 | 440 | -0.403 | 0.0056 | -0.797 | 62.4% | 5 | 54.92 | 57.75 | 52.40 | |
| 2.97 | 5.85 | 5.25 | 5 | 33 | 57.5% | 0.185 | 0.0051 | -0.378 | 445 | -0.376 | 0.0052 | -0.820 | 62.8% | 5 | 59.44 | 62.15 | 56.55 | |
| 2.47 | 4.95 | 4.40 | 83 | 85 | 57.4% | 0.164 | 0.0048 | -0.351 | 450 | -0.349 | 0.0048 | -0.841 | 63.7% | 1 | 49.95 | 66.55 | 61.05 | |
| 1.40 | 4.00 | 3.60 | 1 | 32 | 55.0% | 0.146 | 0.0044 | -0.326 | 455 | -0.323 | 0.0045 | -0.860 | 62.8% | 0.00 | 70.30 | 65.55 | ||
| 1.17 | 5.00 | 2.50 | 105 | 59.9% | 0.129 | 0.0040 | -0.301 | 460 | -0.299 | 0.0041 | -0.876 | 65.2% | 0.00 | 75.60 | 70.05 | |||
| 0.98 | 3.85 | 2.77 | 36 | 11 | 58.7% | 0.115 | 0.0037 | -0.277 | 465 | -0.275 | 0.0038 | -0.891 | 62.6% | 0.00 | 80.55 | 73.10 | ||
How this is calculated: Options Chain methodology
