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 ±24.2% (251.22–411.27) · ATM IV 50.2% · P/C open interest 1.19
| 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 | |
| 161.00 | 167.35 | 532 | 0.98 | 0.0003 | 0.000 | 170 | 0 | 0.8000 | 3 | 1,923 | 52.4% | -0.02 | 0.0004 | -0.016 | ||
| 156.15 | 162.75 | 1 | 851 | 0.98 | 0.0004 | 0.000 | 175 | 0.0100 | 0.9900 | 967 | 52.0% | -0.02 | 0.0004 | -0.018 | ||
| 151.40 | 157.80 | 904 | 0.98 | 0.0004 | 0.000 | 180 | 0.7700 | 1.20 | 2,592 | 55.7% | -0.02 | 0.0004 | -0.020 | |||
| 146.70 | 153.00 | 1,111 | 0.98 | 0.0005 | 0.000 | 185 | 0.5100 | 2.02 | 165 | 2,079 | 56.0% | -0.02 | 0.0005 | -0.023 | ||
| 142.90 | 148.60 | 1 | 794 | 47.5% | 0.97 | 0.0006 | 0.000 | 190 | 1.11 | 2.07 | 2,284 | 56.2% | -0.03 | 0.0006 | -0.026 | |
| 139.00 | 143.50 | 4 | 1,204 | 49.8% | 0.97 | 0.0007 | 0.000 | 195 | 0.9400 | 2.35 | 547 | 54.4% | -0.03 | 0.0007 | -0.029 | |
| 132.70 | 139.00 | 6,256 | 42.9% | 0.96 | 0.0008 | -0.002 | 200 | 1.50 | 3.05 | 1 | 3,599 | 55.9% | -0.04 | 0.0008 | -0.032 | |
| 128.15 | 134.15 | 218 | 43.4% | 0.96 | 0.0009 | -0.006 | 205 | 1.50 | 3.10 | 313 | 53.8% | -0.04 | 0.0009 | -0.036 | ||
| 123.60 | 129.95 | 518 | 45.9% | 0.95 | 0.0010 | -0.012 | 210 | 1.73 | 2.92 | 1,243 | 51.8% | -0.05 | 0.0010 | -0.040 | ||
| 119.10 | 125.50 | 332 | 46.6% | 0.94 | 0.0011 | -0.017 | 215 | 2.16 | 3.95 | 487 | 52.9% | -0.06 | 0.0011 | -0.045 | ||
| 115.45 | 121.05 | 1,818 | 48.9% | 0.93 | 0.0012 | -0.023 | 220 | 2.32 | 4.85 | 2 | 2,252 | 52.8% | -0.07 | 0.0012 | -0.049 | |
| 111.10 | 115.80 | 504 | 47.3% | 0.93 | 0.0014 | -0.029 | 225 | 2.83 | 5.45 | 2 | 371 | 52.6% | -0.08 | 0.0014 | -0.054 | |
| 106.00 | 112.85 | 1 | 350 | 48.6% | 0.92 | 0.0015 | -0.035 | 230 | 3.40 | 6.20 | 696 | 52.4% | -0.09 | 0.0015 | -0.059 | |
| 102.95 | 108.20 | 276 | 49.9% | 0.91 | 0.0016 | -0.041 | 235 | 4.90 | 6.15 | 10 | 150 | 52.3% | -0.10 | 0.0016 | -0.065 | |
| 98.20 | 104.20 | 898 | 49.2% | 0.89 | 0.0018 | -0.048 | 240 | 5.45 | 6.50 | 12 | 819 | 51.2% | -0.11 | 0.0018 | -0.070 | |
| 93.60 | 98.95 | 1 | 271 | 47.0% | 0.88 | 0.0019 | -0.054 | 245 | 5.55 | 8.80 | 1 | 127 | 52.0% | -0.12 | 0.0019 | -0.075 |
| 89.60 | 95.50 | 1 | 2,085 | 47.9% | 0.87 | 0.0021 | -0.061 | 250 | 7.80 | 9.40 | 1 | 915 | 52.9% | -0.13 | 0.0021 | -0.081 |
| 85.35 | 92.00 | 154 | 48.0% | 0.86 | 0.0022 | -0.067 | 255 | 7.40 | 10.95 | 11 | 128 | 51.7% | -0.15 | 0.0022 | -0.086 | |
| 81.70 | 87.30 | 800 | 47.4% | 0.84 | 0.0024 | -0.073 | 260 | 8.50 | 11.65 | 2 | 1,198 | 51.1% | -0.16 | 0.0024 | -0.092 | |
| 77.85 | 84.35 | 267 | 48.1% | 0.83 | 0.0025 | -0.079 | 265 | 9.65 | 13.45 | 198 | 51.5% | -0.18 | 0.0026 | -0.097 | ||
| 74.30 | 80.00 | 764 | 47.6% | 0.81 | 0.0026 | -0.085 | 270 | 10.90 | 14.80 | 50 | 855 | 51.4% | -0.19 | 0.0027 | -0.102 | |
| 71.10 | 76.45 | 354 | 47.9% | 0.79 | 0.0028 | -0.091 | 275 | 12.25 | 15.00 | 32 | 370 | 50.1% | -0.21 | 0.0028 | -0.107 | |
| 67.75 | 73.05 | 16 | 2,564 | 48.0% | 0.78 | 0.0029 | -0.097 | 280 | 13.65 | 17.80 | 8 | 841 | 51.0% | -0.23 | 0.0030 | -0.112 |
| 64.50 | 69.80 | 1 | 874 | 48.1% | 0.76 | 0.0031 | -0.102 | 285 | 15.20 | 19.50 | 8 | 280 | 51.0% | -0.24 | 0.0031 | -0.116 |
| 61.35 | 66.15 | 868 | 47.9% | 0.74 | 0.0032 | -0.107 | 290 | 16.85 | 19.50 | 12 | 397 | 49.5% | -0.26 | 0.0032 | -0.120 | |
| 58.30 | 63.50 | 540 | 48.3% | 0.72 | 0.0033 | -0.112 | 295 | 18.60 | 23.10 | 2 | 481 | 50.7% | -0.28 | 0.0034 | -0.124 | |
| 55.30 | 60.50 | 14 | 2,661 | 48.3% | 0.71 | 0.0034 | -0.117 | 300 | 20.45 | 23.60 | 7 | 2,036 | 49.5% | -0.30 | 0.0035 | -0.128 |
| 52.60 | 57.05 | 895 | 48.1% | 0.69 | 0.0035 | -0.121 | 305 | 22.55 | 27.20 | 6 | 299 | 50.6% | -0.32 | 0.0036 | -0.131 | |
| 50.00 | 54.40 | 1 | 380 | 48.3% | 0.67 | 0.0036 | -0.124 | 310 | 24.70 | 28.20 | 2 | 339 | 49.8% | -0.34 | 0.0037 | -0.134 |
| 47.45 | 52.20 | 728 | 48.8% | 0.65 | 0.0037 | -0.128 | 315 | 26.95 | 31.75 | 373 | 50.6% | -0.36 | 0.0038 | -0.136 | ||
| 45.00 | 49.60 | 2 | 1,809 | 48.8% | 0.63 | 0.0038 | -0.131 | 320 | 29.15 | 34.20 | 1 | 301 | 50.5% | -0.38 | 0.0039 | -0.139 |
| 44.10 | 47.25 | 8 | 576 | 49.9% | 0.61 | 0.0038 | -0.134 | 325 | 31.45 | 36.70 | 3 | 328 | 50.4% | -0.40 | 0.0039 | -0.140 |
| 42.15 | 43.50 | 40 | 482 | 49.3% | 0.59 | 0.0039 | -0.136 | 330 | 35.05 | 39.35 | 11 | 170 | 51.0% | -0.42 | 0.0040 | -0.142 |
| 38.20 | 42.65 | 23 | 591 | 49.1% | 0.57 | 0.0039 | -0.138 | 335 | 37.75 | 42.10 | 2 | 252 | 51.0% | -0.44 | 0.0040 | -0.143 |
| 36.10 | 40.45 | 7 | 412 | 49.1% | 0.55 | 0.0040 | -0.139 | 340 | 40.95 | 44.95 | 6 | 175 | 51.3% | -0.46 | 0.0041 | -0.143 |
| 34.10 | 37.20 | 25 | 178 | 48.4% | 0.53 | 0.0040 | -0.140 | 345 | 44.10 | 47.90 | 2 | 99 | 51.5% | -0.48 | 0.0041 | -0.144 |
| 32.15 | 35.00 | 95 | 1,535 | 48.3% | 0.51 | 0.0040 | -0.141 | 350 | 45.65 | 50.95 | 2 | 457 | 50.6% | -0.50 | 0.0041 | -0.144 |
| 28.45 | 32.85 | 20 | 1,344 | 49.3% | 0.48 | 0.0040 | -0.142 | 360 | 52.95 | 57.35 | 171 | 51.4% | -0.54 | 0.0041 | -0.143 | |
| 25.20 | 29.55 | 4 | 462 | 49.4% | 0.44 | 0.0039 | -0.141 | 370 | 59.25 | 64.15 | 25 | 481 | 51.3% | -0.57 | 0.0041 | -0.141 |
| 22.20 | 25.30 | 46 | 805 | 48.6% | 0.41 | 0.0039 | -0.139 | 380 | 65.70 | 71.25 | 1 | 915 | 51.1% | -0.61 | 0.0041 | -0.137 |
| 19.55 | 23.80 | 21 | 240 | 49.5% | 0.37 | 0.0038 | -0.137 | 390 | 73.70 | 78.55 | 260 | 51.7% | -0.64 | 0.0040 | -0.133 | |
| 18.05 | 20.70 | 102 | 1,053 | 49.7% | 0.34 | 0.0036 | -0.133 | 400 | 81.10 | 86.20 | 133 | 51.7% | -0.68 | 0.0039 | -0.128 | |
| 15.10 | 19.15 | 33 | 449 | 49.6% | 0.31 | 0.0035 | -0.129 | 410 | 89.05 | 94.15 | 58 | 52.0% | -0.71 | 0.0038 | -0.122 | |
| 13.25 | 17.15 | 1 | 347 | 49.7% | 0.29 | 0.0034 | -0.124 | 420 | 96.70 | 102.20 | 83 | 51.8% | -0.74 | 0.0036 | -0.116 | |
| 11.60 | 15.40 | 13 | 257 | 49.9% | 0.26 | 0.0032 | -0.119 | 430 | 105.10 | 110.75 | 14 | 52.2% | -0.76 | 0.0035 | -0.110 | |
| 10.10 | 13.85 | 4 | 1,028 | 50.0% | 0.24 | 0.0031 | -0.114 | 440 | 113.80 | 119.35 | 14 | 52.7% | -0.79 | 0.0034 | -0.103 | |
| 10.00 | 11.60 | 11 | 1,132 | 50.4% | 0.22 | 0.0029 | -0.108 | 450 | 122.55 | 128.10 | 16 | 53.0% | -0.81 | 0.0032 | -0.096 | |
| 7.65 | 11.25 | 2 | 213 | 50.2% | 0.20 | 0.0027 | -0.103 | 460 | 131.45 | 137.10 | 2 | 53.4% | -0.83 | 0.0031 | -0.088 | |
| 7.70 | 9.60 | 2 | 148 | 50.9% | 0.18 | 0.0026 | -0.097 | 470 | 139.65 | 146.45 | 2 | 53.2% | -0.85 | 0.0029 | -0.082 | |
| 5.80 | 9.20 | 5 | 1,179 | 50.6% | 0.16 | 0.0024 | -0.092 | 480 | 149.80 | 155.35 | 16 | 54.4% | -0.87 | 0.0028 | -0.075 | |
| 5.05 | 8.30 | 2 | 212 | 50.7% | 0.15 | 0.0022 | -0.087 | 490 | 158.15 | 164.65 | 24 | 53.7% | -0.89 | 0.0026 | -0.069 | |
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 — Jan 15, 2027
Volatility page →Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.