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
62.7%
390 strike
EXPECTED MOVE
$57.68
ATM straddle
MAX PAIN
$395.00
+0.9%
PUT/CALL VOLUME
1.62
599 / 370
NOV 27, 2026 CHAIN
| CALLS | PUTS | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Last | Vol | OI | IV | Delta | Gamma | Theta | Strike | Theta | Gamma | Delta | IV | OI | Vol | Last | Ask | Bid |
| 77.15 | 83.40 | 83.15 | 2 | 3 | 61.9% | 0.888 | 0.0025 | -0.213 | 315 | -0.223 | 0.0025 | -0.111 | 65.3% | 36 | 60 | 3.60 | 5.90 | 2.79 |
| 73.85 | 79.15 | 44.41 | 1 | 64.0% | 0.873 | 0.0027 | -0.233 | 320 | -0.242 | 0.0028 | -0.126 | 63.8% | 68 | 11 | 4.85 | 5.95 | 3.60 | |
| 69.65 | 75.00 | 39.50 | 1 | 63.7% | 0.857 | 0.0030 | -0.254 | 325 | -0.263 | 0.0030 | -0.143 | 68.8% | 52 | 24 | 5.70 | 8.95 | 5.00 | |
| 65.55 | 70.95 | 29.45 | 1 | 63.5% | 0.839 | 0.0032 | -0.275 | 330 | -0.283 | 0.0033 | -0.161 | 69.1% | 39 | 39 | 7.75 | 9.85 | 6.45 | |
| 60.70 | 66.90 | 57.57 | 3 | 4 | 61.6% | 0.820 | 0.0035 | -0.296 | 335 | -0.304 | 0.0035 | -0.180 | 61.6% | 58 | 9 | 7.75 | 8.95 | 5.15 |
| 57.70 | 63.70 | 51.37 | 22 | 63.8% | 0.800 | 0.0038 | -0.317 | 340 | -0.324 | 0.0038 | -0.200 | 61.8% | 32 | 18 | 9.30 | 10.00 | 7.00 | |
| 56.15 | 59.55 | 56.23 | 1 | 199 | 66.1% | 0.778 | 0.0040 | -0.337 | 345 | -0.344 | 0.0040 | -0.222 | 66.0% | 97 | 7 | 10.29 | 12.65 | 9.40 |
| 50.55 | 55.85 | 45.65 | 20 | 62.9% | 0.755 | 0.0042 | -0.355 | 350 | -0.362 | 0.0043 | -0.245 | 64.5% | 187 | 14 | 12.05 | 13.40 | 10.55 | |
| 46.35 | 52.50 | 52.80 | 32 | 67 | 61.9% | 0.732 | 0.0045 | -0.373 | 355 | -0.380 | 0.0045 | -0.268 | 66.6% | 91 | 5 | 13.60 | 16.55 | 12.25 |
| 43.00 | 49.45 | 42.08 | 22 | 62.1% | 0.707 | 0.0047 | -0.390 | 360 | -0.396 | 0.0047 | -0.293 | 65.4% | 115 | 5 | 14.90 | 18.35 | 13.05 | |
| 39.85 | 46.40 | 42.10 | 3 | 13 | 62.2% | 0.682 | 0.0049 | -0.404 | 365 | -0.410 | 0.0049 | -0.319 | 62.4% | 59 | 2 | 16.30 | 17.60 | 15.15 |
| 36.25 | 44.70 | 40.73 | 3 | 85 | 63.0% | 0.656 | 0.0050 | -0.417 | 370 | -0.422 | 0.0051 | -0.345 | 66.0% | 52 | 24 | 18.40 | 22.10 | 17.70 |
| 33.90 | 40.75 | 35.79 | 2 | 211 | 62.3% | 0.629 | 0.0052 | -0.428 | 375 | -0.433 | 0.0052 | -0.371 | 63.1% | 58 | 16 | 20.35 | 21.75 | 19.80 |
| 30.95 | 38.20 | 37.05 | 3 | 25 | 62.3% | 0.602 | 0.0053 | -0.437 | 380 | -0.441 | 0.0053 | -0.399 | 62.4% | 120 | 39 | 22.45 | 23.95 | 21.60 |
| 28.35 | 35.50 | 33.47 | 23 | 63 | 62.1% | 0.575 | 0.0054 | -0.443 | 385 | -0.447 | 0.0054 | -0.426 | 64.1% | 112 | 31.14 | 28.55 | 23.35 | |
| 25.90 | 33.05 | 30.51 | 55 | 37 | 62.0% | 0.548 | 0.0054 | -0.448 | 390 | -0.451 | 0.0055 | -0.454 | 63.3% | 147 | 8 | 27.20 | 31.05 | 25.35 |
| 22.90 | 30.60 | 27.40 | 33 | 11 | 61.1% | 0.521 | 0.0055 | -0.450 | 395 | -0.453 | 0.0055 | -0.481 | 64.3% | 290 | 183 | 29.90 | 33.80 | 28.90 |
| 21.75 | 28.60 | 25.50 | 34 | 77 | 62.4% | 0.494 | 0.0055 | -0.450 | 400 | -0.453 | 0.0056 | -0.508 | 62.7% | 192 | 2 | 32.50 | 35.55 | 31.35 |
| 19.40 | 25.55 | 23.81 | 32 | 564 | 60.9% | 0.467 | 0.0055 | -0.448 | 405 | -0.450 | 0.0056 | -0.535 | 63.7% | 44 | 48.10 | 40.25 | 33.45 | |
| 17.50 | 24.25 | 19.60 | 13 | 92 | 61.5% | 0.440 | 0.0055 | -0.443 | 410 | -0.446 | 0.0055 | -0.562 | 63.9% | 138 | 4 | 37.45 | 43.30 | 36.80 |
| 16.00 | 20.95 | 15.35 | 45 | 60.1% | 0.415 | 0.0054 | -0.438 | 415 | -0.439 | 0.0055 | -0.588 | 61.9% | 41 | 70.62 | 44.55 | 40.15 | ||
| 14.10 | 20.60 | 17.48 | 18 | 67 | 61.3% | 0.390 | 0.0053 | -0.430 | 420 | -0.431 | 0.0054 | -0.614 | 63.5% | 33 | 58.95 | 49.60 | 43.25 | |
| 12.85 | 19.05 | 16.00 | 23 | 30 | 61.6% | 0.365 | 0.0052 | -0.420 | 425 | -0.421 | 0.0053 | -0.639 | 63.5% | 13 | 3 | 46.80 | 53.00 | 46.70 |
| 11.20 | 15.95 | 15.32 | 12 | 31 | 59.3% | 0.341 | 0.0051 | -0.410 | 430 | -0.410 | 0.0052 | -0.663 | 63.4% | 34 | 1 | 53.46 | 56.55 | 50.25 |
| 9.95 | 16.10 | 12.47 | 1 | 22 | 61.1% | 0.318 | 0.0050 | -0.398 | 435 | -0.398 | 0.0050 | -0.686 | 63.4% | 5 | 48.90 | 60.15 | 53.95 | |
| 9.05 | 14.80 | 11.70 | 1 | 7 | 61.4% | 0.296 | 0.0048 | -0.385 | 440 | -0.384 | 0.0049 | -0.709 | 64.3% | 9 | 6 | 57.50 | 64.65 | 57.65 |
| 7.95 | 14.75 | 11.25 | 3 | 22 | 62.8% | 0.275 | 0.0047 | -0.371 | 445 | -0.370 | 0.0047 | -0.730 | 63.5% | 3 | 52.59 | 67.75 | 61.65 | |
| 8.80 | 11.00 | 9.99 | 24 | 26 | 61.7% | 0.255 | 0.0045 | -0.356 | 450 | -0.355 | 0.0046 | -0.750 | 61.9% | 81 | 92.29 | 70.55 | 65.55 | |
| 8.00 | 10.00 | 9.00 | 13 | 91 | 61.9% | 0.236 | 0.0043 | -0.341 | 455 | -0.340 | 0.0044 | -0.770 | 61.9% | 0.00 | 74.65 | 69.60 | ||
| 5.10 | 9.00 | 8.00 | 3 | 9 | 58.6% | 0.218 | 0.0041 | -0.326 | 460 | -0.324 | 0.0042 | -0.788 | 61.9% | 1 | 62.82 | 78.75 | 73.75 | |
| 4.35 | 9.00 | 7.90 | 6 | 11 | 59.8% | 0.201 | 0.0039 | -0.310 | 465 | -0.308 | 0.0040 | -0.806 | 62.0% | 0.00 | 83.00 | 78.00 | ||
How this is calculated: Options Chain methodology
