PANW option chain Palo Alto Networks, Inc.
Each row is one strike. The left half is the call, the right half the put. Bid/ask are what buyers and sellers currently quote; volume is contracts traded this session; open interest is standing contracts. The highlighted row sits closest to the stock price.
This expiration prices a move of about ±14.6% (297.82–399.62) · ATM IV 59.2% · P/C open interest 0.74
| CALLS | Strike | PUTS | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Vol | OIThe number of option contracts currently outstanding at a strike or expiration. High open interest shows where positions are concentrated. | IV | ΔModel sensitivity of an option's price to a $1 move in the stock; also used as a rough moneyness scale (a 25-delta option is well out of the money). | Γ | Θ | Bid | Ask | Vol | OI | IV | Δ | Γ | Θ | |
| 163.50 | 172.05 | 51 | 0.99 | 0.0002 | -0.025 | 175 | 0 | 0.2500 | 3 | 98 | 86.9% | -0.01 | 0.0002 | -0.025 | ||
| 158.65 | 167.10 | 327 | 84.2% | 0.99 | 0.0002 | -0.026 | 180 | 0 | 1.70 | 120 | 105.2% | -0.01 | 0.0002 | -0.026 | ||
| 153.90 | 161.95 | 1 | 61 | 74.5% | 0.99 | 0.0002 | -0.028 | 185 | 0 | 4.45 | 2 | 168 | 125.0% | -0.01 | 0.0002 | -0.028 |
| 150.00 | 157.20 | 127 | 97.6% | 0.99 | 0.0003 | -0.030 | 190 | 0 | 2.00 | 10 | 538 | 103.3% | -0.01 | 0.0003 | -0.030 | |
| 143.65 | 152.55 | 115 | 77.9% | 0.99 | 0.0003 | -0.032 | 195 | 0 | 4.40 | 2 | 48 | 115.5% | -0.01 | 0.0003 | -0.032 | |
| 140.00 | 147.90 | 261 | 95.7% | 0.99 | 0.0003 | -0.034 | 200 | 0 | 1.20 | 2 | 418 | 87.6% | -0.01 | 0.0003 | -0.034 | |
| 129.00 | 137.80 | 323 | 76.4% | 0.99 | 0.0004 | -0.040 | 210 | 0 | 1.76 | 2 | 109 | 85.9% | -0.01 | 0.0004 | -0.040 | |
| 119.20 | 128.00 | 1 | 611 | 73.5% | 0.98 | 0.0006 | -0.049 | 220 | 0 | 1.19 | 2 | 150 | 73.7% | -0.02 | 0.0006 | -0.049 |
| 109.60 | 117.65 | 589 | 66.7% | 0.97 | 0.0008 | -0.060 | 230 | 0.6000 | 1.00 | 8 | 1,218 | 70.8% | -0.03 | 0.0008 | -0.060 | |
| 100.65 | 108.00 | 378 | 69.6% | 0.97 | 0.0011 | -0.075 | 240 | 0.1600 | 1.51 | 1 | 370 | 64.8% | -0.03 | 0.0011 | -0.076 | |
| 90.60 | 99.00 | 250 | 67.1% | 0.95 | 0.0014 | -0.096 | 250 | 0.3000 | 2.00 | 14 | 663 | 62.2% | -0.05 | 0.0014 | -0.097 | |
| 81.05 | 89.15 | 1 | 177 | 62.3% | 0.93 | 0.0019 | -0.123 | 260 | 0.3500 | 2.50 | 29 | 413 | 58.4% | -0.07 | 0.0019 | -0.124 |
| 72.15 | 80.20 | 3 | 294 | 62.2% | 0.91 | 0.0025 | -0.156 | 270 | 1.88 | 3.45 | 172 | 471 | 60.5% | -0.09 | 0.0025 | -0.157 |
| 63.25 | 71.45 | 5 | 114 | 60.7% | 0.88 | 0.0031 | -0.192 | 280 | 3.45 | 5.00 | 76 | 747 | 61.4% | -0.13 | 0.0031 | -0.193 |
| 55.40 | 63.40 | 30 | 159 | 61.3% | 0.84 | 0.0038 | -0.229 | 290 | 4.30 | 6.50 | 120 | 599 | 58.6% | -0.16 | 0.0038 | -0.230 |
| 47.50 | 55.65 | 10 | 189 | 60.5% | 0.79 | 0.0044 | -0.264 | 300 | 6.30 | 8.65 | 1,653 | 1,769 | 57.9% | -0.21 | 0.0045 | -0.266 |
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 305 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 40.20 | 48.20 | 6 | 624 | 59.4% | 0.74 | 0.0051 | -0.296 | 310 | 8.35 | 11.40 | 389 | 1,016 | 56.6% | -0.26 | 0.0051 | -0.298 |
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 315 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 34.00 | 39.85 | 23 | 1,148 | 57.2% | 0.68 | 0.0056 | -0.321 | 320 | 13.05 | 15.05 | 249 | 1,034 | 58.6% | -0.32 | 0.0057 | -0.323 |
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 325 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 327.5 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 27.50 | 33.00 | 9 | 308 | 55.2% | 0.62 | 0.0061 | -0.339 | 330 | 17.20 | 19.40 | 381 | 1,187 | 58.8% | -0.38 | 0.0062 | -0.342 |
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 332.5 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 335 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 337.5 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 25.00 | 27.40 | 56 | 466 | 58.0% | 0.56 | 0.0064 | -0.348 | 340 | 22.05 | 24.05 | 305 | 958 | 58.7% | -0.44 | 0.0065 | -0.352 |
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 342.5 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 345 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 347.5 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 20.15 | 25.45 | 178 | 826 | 60.7% | 0.49 | 0.0065 | -0.349 | 350 | 26.20 | 30.00 | 333 | 2,153 | 57.7% | -0.51 | 0.0066 | -0.353 |
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 352.5 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 355 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 357.5 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 16.00 | 21.50 | 268 | 490 | 60.4% | 0.43 | 0.0065 | -0.342 | 360 | 31.15 | 37.80 | 215 | 1,271 | 58.4% | -0.57 | 0.0066 | -0.347 |
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 362.5 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 365 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 367.5 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 13.30 | 15.50 | 127 | 852 | 56.9% | 0.37 | 0.0062 | -0.327 | 370 | 36.25 | 44.45 | 252 | 993 | 56.4% | -0.63 | 0.0063 | -0.333 |
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 372.5 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 375 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 10.10 | 13.20 | 147 | 1,186 | 58.1% | 0.32 | 0.0059 | -0.306 | 380 | 43.90 | 50.60 | 25 | 1,440 | 55.5% | -0.69 | 0.0060 | -0.312 |
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 385 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 7.90 | 10.00 | 191 | 367 | 57.1% | 0.26 | 0.0054 | -0.280 | 390 | 51.65 | 59.65 | 22 | 619 | 57.3% | -0.74 | 0.0056 | -0.287 |
| 0 | 0 | 0.00 | 0.0000 | 0.000 | 395 | 0 | 0 | 0.00 | 0.0000 | 0.000 | ||||||
| 6.50 | 7.20 | 544 | 2,115 | 56.5% | 0.22 | 0.0049 | -0.252 | 400 | 59.50 | 67.65 | 7 | 380 | 56.7% | -0.79 | 0.0051 | -0.260 |
| 4.50 | 9.15 | 112 | 646 | 61.7% | 0.18 | 0.0044 | -0.223 | 410 | 68.05 | 75.20 | 11 | 98 | 54.8% | -0.83 | 0.0045 | -0.232 |
| 3.35 | 4.50 | 203 | 726 | 55.7% | 0.15 | 0.0038 | -0.196 | 420 | 76.90 | 85.30 | 3 | 147 | 57.4% | -0.86 | 0.0040 | -0.206 |
| 2.75 | 4.10 | 133 | 1,204 | 57.8% | 0.12 | 0.0033 | -0.172 | 430 | 86.20 | 94.10 | 1 | 356 | 57.2% | -0.89 | 0.0035 | -0.182 |
| 1.97 | 3.45 | 578 | 1,231 | 58.2% | 0.10 | 0.0028 | -0.151 | 440 | 95.55 | 103.60 | 81 | 58.0% | -0.91 | 0.0030 | -0.162 | |
| 1.75 | 3.50 | 158 | 4,014 | 61.5% | 0.08 | 0.0024 | -0.132 | 450 | 105.05 | 113.10 | 91 | 58.2% | -0.93 | 0.0026 | -0.144 | |
| 0.0100 | 5.20 | 55 | 666 | 65.0% | 0.07 | 0.0021 | -0.117 | 460 | 114.70 | 122.75 | 74 | 58.7% | -0.95 | 0.0023 | -0.128 | |
| 0.2800 | 1.97 | 20 | 674 | 57.5% | 0.06 | 0.0018 | -0.104 | 470 | 124.45 | 132.55 | 5 | 59.5% | -0.96 | 0.0019 | -0.114 | |
| 0 | 2.95 | 20 | 426 | 63.8% | 0.05 | 0.0016 | -0.092 | 480 | 134.30 | 142.35 | 11 | 60.0% | -0.97 | 0.0017 | -0.101 | |
| 0.7000 | 2.94 | 15 | 680 | 69.6% | 0.04 | 0.0014 | -0.083 | 490 | 144.00 | 152.45 | 3 | 61.0% | -0.97 | 0.0014 | -0.087 | |
| 0.5000 | 1.12 | 58 | 1,427 | 62.7% | 0.04 | 0.0012 | -0.075 | 500 | 153.90 | 162.45 | 73 | 62.6% | -0.98 | 0.0012 | -0.075 | |
| 0.0100 | 2.13 | 218 | 720 | 69.8% | 0.03 | 0.0010 | -0.068 | 510 | 164.00 | 172.45 | 4 | 66.6% | -0.98 | 0.0010 | -0.064 | |
| 0 | 4.70 | 13 | 343 | 82.5% | 0.03 | 0.0009 | -0.062 | 520 | 173.80 | 182.45 | 66.2% | -0.99 | 0.0008 | -0.052 | ||
Strikes shown: within ±50% of the underlying price. Intrinsic value = max(0, price − strike) for calls, max(0, strike − price) for puts; extrinsic = option price − intrinsic. Greeks and IV as computed by the exchange feed.
Volatility smile — Nov 20, 2026
Volatility page →Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.