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 ±14.5% (298.07–398.93) · ATM IV 55.5% · P/C open interest 4.01
| 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 | |
| 169.05 | 177.70 | 89.2% | 0.99 | 0.0002 | -0.014 | 175 | 0 | 4.30 | 129.0% | -0.01 | 0.0002 | -0.031 | ||||
| 163.80 | 172.55 | 74.2% | 0.99 | 0.0002 | -0.016 | 180 | 0 | 4.30 | 124.3% | -0.01 | 0.0002 | -0.033 | ||||
| 158.85 | 167.65 | 74.0% | 0.99 | 0.0003 | -0.018 | 185 | 0 | 4.30 | 119.9% | -0.01 | 0.0003 | -0.034 | ||||
| 153.90 | 162.65 | 73.2% | 0.99 | 0.0003 | -0.020 | 190 | 0 | 4.30 | 115.5% | -0.01 | 0.0003 | -0.036 | ||||
| 149.20 | 157.85 | 78.2% | 0.99 | 0.0003 | -0.022 | 195 | 0 | 4.20 | 109.6% | -0.01 | 0.0003 | -0.038 | ||||
| 144.05 | 152.80 | 1 | 1 | 71.8% | 0.99 | 0.0004 | -0.025 | 200 | 0 | 2.67 | 2 | 97.4% | -0.01 | 0.0004 | -0.040 | |
| 139.15 | 147.90 | 71.0% | 0.99 | 0.0004 | -0.028 | 205 | 0 | 4.35 | 103.3% | -0.01 | 0.0004 | -0.042 | ||||
| 134.40 | 142.95 | 72.3% | 0.98 | 0.0005 | -0.031 | 210 | 0 | 3.15 | 91.7% | -0.02 | 0.0005 | -0.045 | ||||
| 129.30 | 138.00 | 68.5% | 0.98 | 0.0005 | -0.035 | 215 | 0 | 4.50 | 95.7% | -0.02 | 0.0005 | -0.048 | ||||
| 124.30 | 133.00 | 66.3% | 0.98 | 0.0006 | -0.039 | 220 | 0 | 4.60 | 92.8% | -0.02 | 0.0006 | -0.051 | ||||
| 119.50 | 128.20 | 66.3% | 0.98 | 0.0007 | -0.043 | 225 | 0 | 4.70 | 88.8% | -0.02 | 0.0007 | -0.056 | ||||
| 114.60 | 123.40 | 65.3% | 0.97 | 0.0008 | -0.049 | 230 | 0.0100 | 4.80 | 86.2% | -0.03 | 0.0008 | -0.060 | ||||
| 110.00 | 118.45 | 66.4% | 0.97 | 0.0009 | -0.055 | 235 | 0 | 3.50 | 75.9% | -0.03 | 0.0009 | -0.066 | ||||
| 105.20 | 113.85 | 65.9% | 0.97 | 0.0010 | -0.062 | 240 | 0.0100 | 5.10 | 1 | 80.0% | -0.03 | 0.0010 | -0.073 | |||
| 100.45 | 108.90 | 65.0% | 0.96 | 0.0012 | -0.070 | 245 | 0 | 4.90 | 75.7% | -0.04 | 0.0012 | -0.080 | ||||
| 95.70 | 104.00 | 64.3% | 0.95 | 0.0013 | -0.079 | 250 | 0.0100 | 3.30 | 1 | 30 | 66.0% | -0.05 | 0.0013 | -0.089 | ||
| 91.05 | 99.70 | 63.9% | 0.95 | 0.0015 | -0.089 | 255 | 0 | 4.90 | 3 | 68.7% | -0.05 | 0.0015 | -0.099 | |||
| 86.40 | 94.85 | 63.1% | 0.94 | 0.0017 | -0.101 | 260 | 0.0100 | 6.25 | 1 | 10 | 67.3% | -0.06 | 0.0017 | -0.110 | ||
| 81.85 | 90.25 | 62.6% | 0.93 | 0.0020 | -0.113 | 265 | 0.0100 | 6.65 | 5 | 67.1% | -0.07 | 0.0020 | -0.122 | |||
| 77.35 | 85.75 | 62.0% | 0.92 | 0.0022 | -0.127 | 270 | 0.0100 | 7.15 | 63.4% | -0.08 | 0.0022 | -0.135 | ||||
| 72.55 | 81.50 | 60.7% | 0.90 | 0.0025 | -0.142 | 275 | 0.0100 | 7.05 | 2 | 61.3% | -0.10 | 0.0025 | -0.150 | |||
| 68.10 | 76.75 | 59.2% | 0.89 | 0.0028 | -0.157 | 280 | 0.2600 | 7.45 | 29 | 58.9% | -0.11 | 0.0028 | -0.165 | |||
| 63.90 | 72.90 | 59.8% | 0.87 | 0.0031 | -0.173 | 285 | 1.25 | 8.45 | 7 | 59.7% | -0.13 | 0.0031 | -0.181 | |||
| 60.10 | 68.45 | 1 | 59.0% | 0.85 | 0.0034 | -0.190 | 290 | 1.36 | 7.75 | 1 | 8 | 54.9% | -0.15 | 0.0034 | -0.197 | |
| 55.65 | 64.55 | 58.5% | 0.83 | 0.0038 | -0.206 | 295 | 2.31 | 9.60 | 8 | 22 | 57.0% | -0.17 | 0.0038 | -0.213 | ||
| 51.50 | 60.25 | 57.7% | 0.81 | 0.0041 | -0.223 | 300 | 3.45 | 8.00 | 14 | 19 | 52.4% | -0.19 | 0.0041 | -0.229 | ||
| 47.10 | 57.00 | 57.3% | 0.79 | 0.0044 | -0.239 | 305 | 5.15 | 10.65 | 15 | 8 | 53.2% | -0.21 | 0.0044 | -0.245 | ||
| 43.45 | 53.00 | 57.3% | 0.76 | 0.0047 | -0.254 | 310 | 5.90 | 11.05 | 15 | 18 | 53.3% | -0.24 | 0.0047 | -0.259 | ||
| 40.00 | 49.00 | 56.1% | 0.74 | 0.0050 | -0.268 | 315 | 7.40 | 15.20 | 3 | 22 | 57.0% | -0.26 | 0.0050 | -0.273 | ||
| 36.75 | 45.00 | 55.0% | 0.71 | 0.0053 | -0.281 | 320 | 8.80 | 15.40 | 2 | 66 | 54.7% | -0.29 | 0.0053 | -0.286 | ||
| 33.60 | 42.35 | 55.7% | 0.68 | 0.0055 | -0.292 | 325 | 10.80 | 16.50 | 6 | 46 | 54.0% | -0.32 | 0.0056 | -0.297 | ||
| 30.70 | 39.00 | 2 | 55.3% | 0.65 | 0.0058 | -0.302 | 330 | 12.70 | 20.75 | 5 | 26 | 56.7% | -0.35 | 0.0058 | -0.306 | |
| 27.90 | 36.10 | 3 | 55.3% | 0.62 | 0.0059 | -0.310 | 335 | 14.80 | 22.85 | 3 | 50 | 56.5% | -0.38 | 0.0060 | -0.314 | |
| 26.40 | 33.30 | 1 | 5 | 56.5% | 0.59 | 0.0061 | -0.316 | 340 | 17.00 | 25.00 | 21 | 29 | 56.1% | -0.41 | 0.0062 | -0.320 |
| 22.65 | 30.15 | 5 | 1 | 55.9% | 0.56 | 0.0062 | -0.320 | 345 | 20.20 | 27.35 | 61 | 48 | 56.8% | -0.44 | 0.0063 | -0.324 |
| 20.50 | 28.25 | 1 | 2 | 55.1% | 0.53 | 0.0063 | -0.322 | 350 | 22.10 | 30.00 | 43 | 147 | 56.0% | -0.47 | 0.0064 | -0.325 |
| 18.20 | 25.55 | 1 | 4 | 54.4% | 0.50 | 0.0063 | -0.322 | 355 | 24.85 | 32.70 | 1 | 71 | 55.8% | -0.51 | 0.0064 | -0.325 |
| 16.40 | 23.55 | 17 | 7 | 54.7% | 0.47 | 0.0063 | -0.320 | 360 | 26.80 | 35.90 | 51 | 116 | 55.0% | -0.54 | 0.0064 | -0.323 |
| 14.15 | 21.65 | 3 | 6 | 54.3% | 0.44 | 0.0063 | -0.316 | 365 | 30.95 | 38.95 | 1 | 60 | 56.1% | -0.57 | 0.0064 | -0.319 |
| 12.35 | 20.30 | 3 | 7 | 54.5% | 0.41 | 0.0062 | -0.311 | 370 | 33.35 | 42.00 | 52 | 54.9% | -0.60 | 0.0063 | -0.314 | |
| 10.65 | 18.30 | 3 | 3 | 54.2% | 0.38 | 0.0061 | -0.304 | 375 | 36.50 | 45.45 | 57 | 54.7% | -0.63 | 0.0062 | -0.307 | |
| 9.10 | 16.80 | 1 | 3 | 54.1% | 0.35 | 0.0060 | -0.295 | 380 | 40.00 | 48.90 | 118 | 54.6% | -0.66 | 0.0061 | -0.298 | |
| 7.70 | 15.00 | 9 | 21 | 53.4% | 0.32 | 0.0058 | -0.285 | 385 | 43.70 | 52.55 | 107 | 54.6% | -0.68 | 0.0059 | -0.288 | |
| 6.45 | 13.50 | 14 | 15 | 53.1% | 0.30 | 0.0056 | -0.274 | 390 | 47.50 | 56.20 | 147 | 54.2% | -0.71 | 0.0057 | -0.277 | |
| 5.25 | 13.15 | 7 | 8 | 53.9% | 0.27 | 0.0054 | -0.263 | 395 | 51.00 | 60.20 | 288 | 53.8% | -0.74 | 0.0055 | -0.265 | |
| 4.20 | 12.15 | 30 | 50 | 53.9% | 0.25 | 0.0051 | -0.250 | 400 | 55.00 | 64.55 | 15 | 192 | 54.0% | -0.76 | 0.0053 | -0.253 |
| 3.20 | 10.00 | 8 | 6 | 51.9% | 0.23 | 0.0049 | -0.237 | 405 | 59.00 | 68.50 | 44 | 53.9% | -0.78 | 0.0050 | -0.240 | |
| 2.25 | 10.80 | 4 | 41 | 54.1% | 0.21 | 0.0046 | -0.224 | 410 | 63.10 | 72.60 | 138 | 54.0% | -0.80 | 0.0048 | -0.227 | |
| 1.56 | 9.65 | 13 | 31 | 53.6% | 0.19 | 0.0044 | -0.211 | 415 | 68.30 | 76.85 | 4 | 37 | 55.3% | -0.82 | 0.0046 | -0.214 |
| 0.8500 | 6.00 | 5 | 61 | 47.9% | 0.17 | 0.0041 | -0.198 | 420 | 72.65 | 81.65 | 33 | 55.4% | -0.84 | 0.0043 | -0.200 | |
| 0.4800 | 8.40 | 7 | 15 | 54.0% | 0.15 | 0.0038 | -0.185 | 425 | 77.15 | 85.95 | 13 | 55.5% | -0.86 | 0.0040 | -0.188 | |
| 0.1800 | 8.15 | 29 | 54.7% | 0.14 | 0.0036 | -0.173 | 430 | 81.70 | 90.20 | 34 | 55.7% | -0.87 | 0.0038 | -0.176 | ||
| 0.0100 | 7.40 | 6 | 15 | 55.2% | 0.13 | 0.0033 | -0.162 | 435 | 86.35 | 94.80 | 5 | 56.0% | -0.89 | 0.0036 | -0.164 | |
| 0.0100 | 7.25 | 5 | 56.6% | 0.11 | 0.0031 | -0.151 | 440 | 91.60 | 99.00 | 9 | 56.6% | -0.90 | 0.0033 | -0.153 | ||
| 0.0100 | 6.40 | 15 | 22 | 56.8% | 0.10 | 0.0029 | -0.141 | 445 | 95.65 | 103.65 | 3 | 55.1% | -0.91 | 0.0031 | -0.143 | |
| 0.0100 | 6.50 | 1 | 21 | 58.9% | 0.09 | 0.0027 | -0.132 | 450 | 100.40 | 108.35 | 80 | 55.3% | -0.92 | 0.0029 | -0.134 | |
| 0.0100 | 6.10 | 84 | 59.2% | 0.09 | 0.0025 | -0.124 | 455 | 105.20 | 113.15 | 55.7% | -0.93 | 0.0027 | -0.126 | |||
| 0.0100 | 5.95 | 9 | 61.1% | 0.08 | 0.0023 | -0.116 | 460 | 110.05 | 117.95 | 1 | 56.1% | -0.94 | 0.0026 | -0.118 | ||
| 0.0100 | 5.70 | 7 | 62.1% | 0.07 | 0.0021 | -0.109 | 465 | 114.85 | 122.80 | 56.4% | -0.95 | 0.0024 | -0.111 | |||
| 0.0100 | 5.55 | 6 | 63.4% | 0.07 | 0.0020 | -0.102 | 470 | 119.10 | 127.65 | 53.0% | -0.95 | 0.0022 | -0.105 | |||
| 0.0100 | 5.40 | 11 | 64.5% | 0.06 | 0.0018 | -0.096 | 475 | 124.45 | 133.00 | 1 | 56.5% | -0.96 | 0.0021 | -0.099 | ||
| 0 | 4.90 | 9 | 64.8% | 0.06 | 0.0017 | -0.091 | 480 | 129.00 | 137.55 | 1 | 54.2% | -0.97 | 0.0020 | -0.092 | ||
| 0 | 5.00 | 16 | 67.7% | 0.05 | 0.0015 | -0.081 | 490 | 139.00 | 147.50 | 56.3% | -0.98 | 0.0018 | -0.085 | |||
| 0 | 1.15 | 1 | 54.4% | 0.04 | 0.0013 | -0.073 | 500 | 149.10 | 157.50 | 60.3% | -0.98 | 0.0015 | -0.074 | |||
| 0 | 4.65 | 1 | 72.7% | 0.04 | 0.0011 | -0.066 | 510 | 159.20 | 167.50 | 64.0% | -0.99 | 0.0012 | -0.075 | |||
| 0 | 4.55 | 75.2% | 0.03 | 0.0010 | -0.059 | 520 | 169.05 | 177.50 | 65.1% | -0.99 | 0.0009 | -0.054 | ||||
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 27, 2026
Volatility page →Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.