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
61.9%
390 strike
EXPECTED MOVE
$62.95
ATM straddle
MAX PAIN
$345.00
-11.9%
PUT/CALL VOLUME
1.03
193 / 187
DEC 4, 2026 CHAIN
| CALLS | PUTS | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Last | Vol | OI | IV | Delta | Gamma | Theta | Strike | Theta | Gamma | Delta | IV | OI | Vol | Last | Ask | Bid |
| 78.70 | 85.05 | 82.80 | 2 | 1 | 61.7% | 0.874 | 0.0025 | -0.207 | 315 | -0.216 | 0.0025 | -0.126 | 64.8% | 2 | 7.70 | 8.75 | 2.75 | |
| 75.40 | 80.95 | 0.00 | 63.2% | 0.858 | 0.0027 | -0.225 | 320 | -0.233 | 0.0027 | -0.141 | 64.5% | 1 | 9.05 | 9.65 | 3.55 | |||
| 71.30 | 76.95 | 0.00 | 62.9% | 0.842 | 0.0030 | -0.243 | 325 | -0.250 | 0.0030 | -0.158 | 64.3% | 1 | 1 | 7.49 | 10.65 | 4.45 | ||
| 67.35 | 73.05 | 0.00 | 62.8% | 0.824 | 0.0032 | -0.260 | 330 | -0.268 | 0.0032 | -0.176 | 63.8% | 3 | 5 | 8.59 | 11.55 | 5.50 | ||
| 63.55 | 69.25 | 0.00 | 62.7% | 0.806 | 0.0034 | -0.278 | 335 | -0.285 | 0.0034 | -0.194 | 60.5% | 12 | 8.60 | 10.50 | 6.70 | |||
| 58.90 | 65.55 | 0.00 | 61.3% | 0.786 | 0.0036 | -0.294 | 340 | -0.301 | 0.0036 | -0.214 | 59.8% | 5 | 16 | 9.62 | 11.30 | 7.95 | ||
| 55.40 | 61.95 | 52.25 | 19 | 61.4% | 0.765 | 0.0038 | -0.311 | 345 | -0.317 | 0.0038 | -0.235 | 61.4% | 3 | 2 | 12.00 | 13.50 | 9.75 | |
| 52.00 | 58.40 | 56.30 | 10 | 61.3% | 0.744 | 0.0040 | -0.326 | 350 | -0.332 | 0.0040 | -0.257 | 62.9% | 3 | 1 | 13.35 | 16.50 | 11.00 | |
| 48.75 | 55.15 | 52.75 | 3 | 1 | 61.5% | 0.722 | 0.0042 | -0.340 | 355 | -0.346 | 0.0042 | -0.279 | 63.7% | 2 | 21.02 | 18.90 | 12.65 | |
| 45.60 | 51.95 | 44.45 | 2 | 1 | 61.5% | 0.699 | 0.0043 | -0.353 | 360 | -0.359 | 0.0044 | -0.302 | 60.5% | 2 | 4 | 17.95 | 17.80 | 14.60 |
| 42.55 | 48.80 | 39.00 | 1 | 61.4% | 0.675 | 0.0045 | -0.365 | 365 | -0.370 | 0.0045 | -0.326 | 60.8% | 3 | 24.09 | 20.20 | 16.40 | ||
| 39.65 | 45.85 | 37.17 | 1 | 61.4% | 0.651 | 0.0046 | -0.375 | 370 | -0.380 | 0.0046 | -0.350 | 64.2% | 2 | 26 | 21.05 | 25.30 | 18.50 | |
| 36.50 | 43.20 | 40.85 | 2 | 1 | 61.2% | 0.627 | 0.0047 | -0.384 | 375 | -0.388 | 0.0048 | -0.374 | 63.0% | 2 | 3 | 23.15 | 26.10 | 20.95 |
| 33.30 | 40.65 | 38.25 | 10 | 13 | 60.8% | 0.602 | 0.0048 | -0.391 | 380 | -0.395 | 0.0049 | -0.399 | 63.5% | 2 | 2 | 25.50 | 29.10 | 23.10 |
| 31.40 | 38.05 | 28.85 | 2 | 61.4% | 0.577 | 0.0049 | -0.396 | 385 | -0.400 | 0.0050 | -0.424 | 64.1% | 2 | 27.65 | 31.75 | 26.00 | ||
| 29.00 | 35.65 | 32.72 | 1 | 3 | 61.4% | 0.552 | 0.0050 | -0.400 | 390 | -0.404 | 0.0050 | -0.449 | 62.4% | 1 | 71 | 30.25 | 33.75 | 27.50 |
| 26.70 | 33.35 | 31.24 | 12 | 2 | 61.4% | 0.527 | 0.0050 | -0.402 | 395 | -0.406 | 0.0051 | -0.474 | 63.4% | 1 | 32.95 | 36.95 | 30.70 | |
| 24.55 | 31.10 | 29.10 | 25 | 3 | 61.3% | 0.503 | 0.0050 | -0.403 | 400 | -0.406 | 0.0051 | -0.500 | 63.1% | 0.00 | 39.75 | 33.30 | ||
| 22.80 | 29.00 | 12.12 | 1 | 61.5% | 0.478 | 0.0050 | -0.402 | 405 | -0.405 | 0.0051 | -0.524 | 63.0% | 0.00 | 42.70 | 36.20 | |||
| 20.55 | 27.10 | 25.62 | 11 | 33 | 61.2% | 0.454 | 0.0050 | -0.399 | 410 | -0.402 | 0.0051 | -0.549 | 63.0% | 0.00 | 45.75 | 39.20 | ||
| 19.05 | 25.25 | 22.70 | 3 | 61.4% | 0.431 | 0.0050 | -0.395 | 415 | -0.398 | 0.0050 | -0.573 | 63.1% | 0.00 | 49.05 | 42.40 | |||
| 17.05 | 23.55 | 20.95 | 1 | 7 | 61.1% | 0.407 | 0.0049 | -0.390 | 420 | -0.392 | 0.0050 | -0.597 | 63.9% | 2 | 48.00 | 53.00 | 45.85 | |
| 15.45 | 22.00 | 16.90 | 2 | 5 | 61.2% | 0.385 | 0.0048 | -0.383 | 425 | -0.385 | 0.0049 | -0.620 | 63.0% | 0.00 | 55.60 | 49.15 | ||
| 13.95 | 20.50 | 19.10 | 1 | 2 | 61.1% | 0.362 | 0.0048 | -0.376 | 430 | -0.378 | 0.0048 | -0.642 | 63.1% | 0.00 | 59.10 | 52.70 | ||
| 13.30 | 19.10 | 13.71 | 1 | 61.9% | 0.341 | 0.0047 | -0.367 | 435 | -0.369 | 0.0047 | -0.664 | 63.2% | 0.00 | 62.75 | 56.30 | |||
| 11.20 | 17.80 | 11.45 | 6 | 61.0% | 0.320 | 0.0046 | -0.358 | 440 | -0.359 | 0.0046 | -0.685 | 63.2% | 0.00 | 66.45 | 59.95 | |||
| 10.00 | 16.55 | 11.79 | 1 | 61.0% | 0.300 | 0.0044 | -0.347 | 445 | -0.348 | 0.0045 | -0.705 | 63.1% | 0.00 | 70.25 | 63.65 | |||
| 9.05 | 15.05 | 12.60 | 3 | 3 | 60.7% | 0.281 | 0.0043 | -0.337 | 450 | -0.337 | 0.0044 | -0.725 | 63.2% | 0.00 | 74.20 | 67.55 | ||
| 8.55 | 14.40 | 10.00 | 1 | 61.8% | 0.263 | 0.0042 | -0.325 | 455 | -0.326 | 0.0042 | -0.743 | 62.7% | 0.00 | 77.55 | 71.60 | |||
| 6.95 | 13.40 | 11.05 | 4 | 61.0% | 0.246 | 0.0040 | -0.313 | 460 | -0.314 | 0.0041 | -0.761 | 61.1% | 0.00 | 81.55 | 74.40 | |||
| 6.05 | 12.50 | 10.50 | 10 | 61.0% | 0.229 | 0.0038 | -0.301 | 465 | -0.302 | 0.0040 | -0.778 | 62.6% | 0.00 | 85.70 | 79.65 | |||
How this is calculated: Options Chain methodology
