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 ±33.6% (231.65–466.39) · ATM IV 55.5% · P/C open interest 6.30
| 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 | |
| 178.75 | 185.35 | 60.1% | 0.96 | 0.0005 | -0.012 | 175 | 2.30 | 3.90 | 61.5% | -0.04 | 0.0005 | -0.031 | ||||
| 174.30 | 180.40 | 58.7% | 0.96 | 0.0006 | -0.015 | 180 | 2.89 | 4.35 | 61.6% | -0.04 | 0.0006 | -0.034 | ||||
| 170.00 | 176.25 | 59.3% | 0.95 | 0.0006 | -0.018 | 185 | 3.00 | 4.90 | 60.7% | -0.05 | 0.0006 | -0.037 | ||||
| 165.75 | 171.55 | 58.7% | 0.95 | 0.0007 | -0.022 | 190 | 3.75 | 5.20 | 60.5% | -0.05 | 0.0007 | -0.040 | ||||
| 161.10 | 167.20 | 57.9% | 0.94 | 0.0007 | -0.025 | 195 | 3.90 | 6.00 | 1 | 59.9% | -0.06 | 0.0007 | -0.043 | |||
| 157.00 | 163.25 | 58.6% | 0.94 | 0.0008 | -0.029 | 200 | 4.60 | 6.10 | 4 | 59.0% | -0.07 | 0.0008 | -0.046 | |||
| 148.40 | 154.50 | 57.4% | 0.92 | 0.0009 | -0.037 | 210 | 5.75 | 7.40 | 58.3% | -0.08 | 0.0009 | -0.053 | ||||
| 140.20 | 146.55 | 57.4% | 0.91 | 0.0011 | -0.045 | 220 | 7.05 | 9.70 | 58.4% | -0.09 | 0.0011 | -0.060 | ||||
| 132.25 | 138.55 | 57.0% | 0.89 | 0.0012 | -0.053 | 230 | 9.05 | 11.50 | 3 | 58.2% | -0.11 | 0.0012 | -0.068 | |||
| 125.10 | 130.35 | 56.7% | 0.87 | 0.0014 | -0.061 | 240 | 11.05 | 13.30 | 57.5% | -0.13 | 0.0014 | -0.075 | ||||
| 117.35 | 123.85 | 56.9% | 0.85 | 0.0015 | -0.069 | 250 | 13.20 | 16.45 | 2 | 57.6% | -0.15 | 0.0015 | -0.082 | |||
| 110.35 | 115.85 | 56.1% | 0.83 | 0.0016 | -0.077 | 260 | 15.65 | 18.75 | 56.9% | -0.17 | 0.0017 | -0.089 | ||||
| 103.60 | 109.35 | 56.2% | 0.81 | 0.0018 | -0.084 | 270 | 17.75 | 22.40 | 1 | 56.6% | -0.19 | 0.0018 | -0.096 | |||
| 97.25 | 102.60 | 56.0% | 0.79 | 0.0019 | -0.091 | 280 | 20.65 | 25.75 | 56.2% | -0.22 | 0.0020 | -0.103 | ||||
| 90.75 | 96.10 | 55.5% | 0.76 | 0.0021 | -0.098 | 290 | 24.25 | 29.45 | 56.2% | -0.24 | 0.0021 | -0.108 | ||||
| 84.75 | 90.15 | 55.4% | 0.74 | 0.0022 | -0.104 | 300 | 28.15 | 33.15 | 1 | 56.0% | -0.27 | 0.0022 | -0.114 | |||
| 79.10 | 84.65 | 55.3% | 0.71 | 0.0023 | -0.110 | 310 | 32.15 | 37.70 | 55.9% | -0.29 | 0.0024 | -0.119 | ||||
| 73.80 | 78.90 | 55.0% | 0.69 | 0.0024 | -0.115 | 320 | 36.40 | 42.40 | 55.8% | -0.32 | 0.0025 | -0.123 | ||||
| 68.75 | 73.75 | 1 | 54.9% | 0.66 | 0.0025 | -0.119 | 330 | 41.10 | 47.00 | 54 | 55.6% | -0.35 | 0.0026 | -0.127 | ||
| 64.00 | 69.85 | 55.2% | 0.64 | 0.0025 | -0.123 | 340 | 46.00 | 51.25 | 55.0% | -0.37 | 0.0026 | -0.130 | ||||
| 59.45 | 64.30 | 3 | 54.6% | 0.61 | 0.0026 | -0.126 | 350 | 52.85 | 58.15 | 1 | 56.4% | -0.40 | 0.0027 | -0.133 | ||
| 55.10 | 60.70 | 1 | 54.8% | 0.58 | 0.0026 | -0.128 | 360 | 57.05 | 63.55 | 41 | 55.5% | -0.43 | 0.0028 | -0.135 | ||
| 51.10 | 56.25 | 1 | 54.5% | 0.56 | 0.0027 | -0.130 | 370 | 63.15 | 69.55 | 9 | 55.6% | -0.46 | 0.0028 | -0.136 | ||
| 47.30 | 54.40 | 55.3% | 0.53 | 0.0027 | -0.132 | 380 | 69.05 | 75.00 | 55.1% | -0.48 | 0.0028 | -0.137 | ||||
| 43.90 | 49.30 | 54.6% | 0.51 | 0.0027 | -0.132 | 390 | 75.60 | 81.45 | 55.1% | -0.51 | 0.0029 | -0.138 | ||||
| 40.95 | 47.75 | 5 | 55.5% | 0.48 | 0.0027 | -0.133 | 400 | 82.30 | 88.40 | 55.3% | -0.53 | 0.0029 | -0.137 | |||
| 37.80 | 44.75 | 6 | 55.4% | 0.46 | 0.0027 | -0.132 | 410 | 89.35 | 95.15 | 55.3% | -0.56 | 0.0029 | -0.137 | |||
| 35.20 | 41.45 | 6 | 55.3% | 0.44 | 0.0027 | -0.132 | 420 | 96.25 | 102.10 | 5 | 55.1% | -0.58 | 0.0029 | -0.136 | ||
| 32.65 | 37.90 | 54.9% | 0.42 | 0.0026 | -0.131 | 430 | 103.55 | 109.00 | 54.9% | -0.61 | 0.0029 | -0.134 | ||||
| 30.30 | 36.40 | 55.5% | 0.40 | 0.0026 | -0.129 | 440 | 111.20 | 117.35 | 55.4% | -0.63 | 0.0028 | -0.133 | ||||
| 27.90 | 33.15 | 54.9% | 0.38 | 0.0026 | -0.128 | 450 | 118.75 | 125.05 | 55.3% | -0.65 | 0.0028 | -0.130 | ||||
| 25.90 | 32.05 | 55.5% | 0.36 | 0.0025 | -0.126 | 460 | 126.75 | 132.65 | 55.3% | -0.67 | 0.0028 | -0.128 | ||||
| 24.15 | 29.75 | 55.5% | 0.34 | 0.0025 | -0.123 | 470 | 134.75 | 140.30 | 55.1% | -0.69 | 0.0028 | -0.126 | ||||
| 22.40 | 27.70 | 55.5% | 0.32 | 0.0024 | -0.121 | 480 | 142.75 | 149.10 | 55.4% | -0.71 | 0.0027 | -0.123 | ||||
| 20.65 | 25.75 | 55.4% | 0.31 | 0.0024 | -0.119 | 490 | 150.75 | 157.15 | 55.0% | -0.73 | 0.0027 | -0.120 | ||||
| 19.30 | 24.15 | 55.6% | 0.29 | 0.0023 | -0.116 | 500 | 159.80 | 165.75 | 55.5% | -0.75 | 0.0026 | -0.118 | ||||
| 17.90 | 22.70 | 55.7% | 0.27 | 0.0022 | -0.113 | 510 | 168.00 | 174.15 | 55.2% | -0.76 | 0.0026 | -0.115 | ||||
| 16.40 | 21.90 | 56.0% | 0.26 | 0.0022 | -0.111 | 520 | 177.20 | 182.70 | 55.4% | -0.78 | 0.0025 | -0.111 | ||||
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 — May 21, 2027
Volatility page →Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.