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
57.7%
390 strike
EXPECTED MOVE
$111.95
ATM straddle
MAX PAIN
$310.00
-20.8%
PUT/CALL VOLUME
0.75
341 / 452
MAR 19, 2027 CHAIN
| CALLS | PUTS | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Last | Vol | OI | IV | Delta | Gamma | Theta | Strike | Theta | Gamma | Delta | IV | OI | Vol | Last | Ask | Bid |
| 156.50 | 162.35 | 153.13 | 10 | 112 | 60.0% | 0.931 | 0.0009 | -0.052 | 240 | -0.069 | 0.0009 | -0.069 | 62.2% | 359 | 2 | 5.42 | 6.10 | 4.75 |
| 147.70 | 153.60 | 154.62 | 5 | 349 | 59.2% | 0.917 | 0.0010 | -0.062 | 250 | -0.079 | 0.0010 | -0.082 | 61.2% | 643 | 1 | 7.05 | 7.00 | 6.05 |
| 139.35 | 146.75 | 132.40 | 275 | 60.8% | 0.902 | 0.0011 | -0.073 | 260 | -0.088 | 0.0012 | -0.098 | 60.6% | 435 | 9.85 | 9.60 | 6.30 | ||
| 131.30 | 137.10 | 135.55 | 20 | 137 | 58.8% | 0.886 | 0.0013 | -0.084 | 270 | -0.099 | 0.0013 | -0.115 | 60.2% | 1,318 | 2 | 10.50 | 10.90 | 8.40 |
| 124.10 | 129.25 | 99.60 | 181 | 59.3% | 0.867 | 0.0014 | -0.095 | 280 | -0.109 | 0.0015 | -0.133 | 59.5% | 841 | 1 | 11.35 | 12.65 | 10.20 | |
| 115.40 | 121.50 | 120.65 | 96 | 253 | 58.0% | 0.848 | 0.0016 | -0.106 | 290 | -0.119 | 0.0016 | -0.153 | 60.5% | 1,315 | 21 | 14.43 | 16.15 | 12.55 |
| 108.10 | 114.15 | 112.00 | 21 | 668 | 57.8% | 0.826 | 0.0018 | -0.117 | 300 | -0.129 | 0.0018 | -0.175 | 58.9% | 1,002 | 96 | 16.25 | 18.25 | 13.90 |
| 101.20 | 107.10 | 105.70 | 4 | 345 | 57.8% | 0.803 | 0.0019 | -0.128 | 310 | -0.139 | 0.0019 | -0.198 | 58.7% | 460 | 4 | 19.05 | 21.30 | 16.55 |
| 96.10 | 100.35 | 100.55 | 10 | 444 | 58.8% | 0.779 | 0.0020 | -0.138 | 320 | -0.148 | 0.0021 | -0.222 | 58.7% | 1,113 | 20 | 22.64 | 25.00 | 19.35 |
| 88.70 | 93.90 | 93.30 | 1 | 167 | 58.0% | 0.755 | 0.0022 | -0.147 | 330 | -0.157 | 0.0022 | -0.248 | 58.5% | 723 | 49 | 25.60 | 26.95 | 24.10 |
| 83.35 | 87.80 | 85.92 | 5 | 354 | 58.3% | 0.729 | 0.0023 | -0.155 | 340 | -0.165 | 0.0024 | -0.274 | 58.8% | 672 | 33.05 | 31.60 | 27.70 | |
| 76.85 | 82.15 | 82.41 | 9 | 159 | 57.9% | 0.702 | 0.0024 | -0.163 | 350 | -0.172 | 0.0025 | -0.301 | 58.8% | 742 | 1 | 33.77 | 36.40 | 31.30 |
| 71.75 | 78.15 | 75.88 | 2 | 2,166 | 58.8% | 0.675 | 0.0025 | -0.170 | 360 | -0.178 | 0.0026 | -0.329 | 58.3% | 1,093 | 4 | 37.00 | 40.35 | 35.50 |
| 66.10 | 71.30 | 70.92 | 7 | 307 | 56.9% | 0.648 | 0.0026 | -0.176 | 370 | -0.183 | 0.0027 | -0.356 | 58.3% | 421 | 2 | 43.05 | 45.55 | 39.75 |
| 61.15 | 66.55 | 64.17 | 4 | 191 | 57.5% | 0.621 | 0.0027 | -0.181 | 380 | -0.188 | 0.0027 | -0.385 | 58.5% | 489 | 1 | 47.10 | 50.60 | 45.30 |
| 57.25 | 61.15 | 59.08 | 7 | 509 | 57.4% | 0.594 | 0.0027 | -0.185 | 390 | -0.191 | 0.0028 | -0.413 | 57.9% | 299 | 2 | 53.29 | 55.55 | 49.95 |
| 55.00 | 58.50 | 55.20 | 19 | 713 | 59.3% | 0.566 | 0.0028 | -0.188 | 400 | -0.193 | 0.0029 | -0.441 | 57.8% | 987 | 89 | 57.55 | 60.45 | 56.10 |
| 47.90 | 53.75 | 52.58 | 65 | 402 | 57.3% | 0.539 | 0.0028 | -0.190 | 410 | -0.195 | 0.0029 | -0.469 | 58.1% | 120 | 68.00 | 67.40 | 61.40 | |
| 45.20 | 47.80 | 47.80 | 25 | 683 | 56.8% | 0.513 | 0.0028 | -0.191 | 420 | -0.195 | 0.0029 | -0.496 | 58.3% | 138 | 90.15 | 73.55 | 67.95 | |
| 40.45 | 45.15 | 44.80 | 20 | 360 | 56.1% | 0.487 | 0.0028 | -0.191 | 430 | -0.195 | 0.0029 | -0.523 | 58.1% | 101 | 94.90 | 79.95 | 74.00 | |
| 37.10 | 43.05 | 40.30 | 18 | 395 | 57.1% | 0.462 | 0.0028 | -0.190 | 440 | -0.194 | 0.0029 | -0.549 | 57.8% | 75 | 77.95 | 86.20 | 80.65 | |
| 34.15 | 40.00 | 38.51 | 5 | 529 | 57.2% | 0.437 | 0.0028 | -0.189 | 450 | -0.192 | 0.0029 | -0.575 | 58.1% | 50 | 114.69 | 93.55 | 87.60 | |
| 31.25 | 36.90 | 34.65 | 5 | 199 | 57.0% | 0.414 | 0.0028 | -0.187 | 460 | -0.190 | 0.0029 | -0.599 | 58.2% | 106 | 101.95 | 100.55 | 94.90 | |
| 28.80 | 34.50 | 28.95 | 15 | 382 | 57.3% | 0.391 | 0.0027 | -0.185 | 470 | -0.187 | 0.0029 | -0.624 | 58.1% | 3 | 89.05 | 107.85 | 102.20 | |
| 26.15 | 32.00 | 25.29 | 1,002 | 57.1% | 0.369 | 0.0027 | -0.182 | 480 | -0.183 | 0.0028 | -0.647 | 58.2% | 21 | 139.26 | 115.45 | 109.70 | ||
| 26.30 | 27.95 | 25.85 | 4 | 254 | 57.5% | 0.348 | 0.0026 | -0.178 | 490 | -0.180 | 0.0028 | -0.669 | 58.2% | 15 | 101.93 | 123.25 | 117.30 | |
| 22.35 | 27.70 | 25.00 | 2 | 2,866 | 57.5% | 0.328 | 0.0025 | -0.174 | 500 | -0.175 | 0.0027 | -0.691 | 58.2% | 105 | 161.00 | 131.05 | 125.25 | |
| 19.85 | 25.40 | 20.89 | 337 | 57.0% | 0.309 | 0.0025 | -0.170 | 510 | -0.171 | 0.0027 | -0.711 | 58.3% | 6 | 148.51 | 139.10 | 133.40 | ||
| 17.75 | 23.70 | 19.25 | 213 | 56.9% | 0.290 | 0.0024 | -0.166 | 520 | -0.166 | 0.0026 | -0.731 | 58.2% | 2 | 182.75 | 147.05 | 141.65 | ||
| 16.50 | 22.35 | 16.60 | 175 | 57.4% | 0.273 | 0.0023 | -0.161 | 530 | -0.161 | 0.0025 | -0.750 | 58.5% | 5 | 130.25 | 155.75 | 150.10 | ||
| 15.00 | 20.55 | 13.50 | 319 | 57.2% | 0.257 | 0.0023 | -0.156 | 540 | -0.155 | 0.0025 | -0.768 | 58.6% | 7 | 138.05 | 164.30 | 158.65 | ||
How this is calculated: Options Chain methodology
