Palo Alto Networks Inc (PANW) Options Statistics & Positioning

Palo Alto Networks Inc (PANW) options trade at a 30-day at-the-money implied volatility of 52.4%, an IV rank of 4 out of 100 over the past year. The options market prices a ±$47.51 (±14.5%) move in PANW for the front expiration. Max pain sits at $220 and the put/call open interest ratio is 0.94. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$327.51

52-week range

$141.79 – $358.32

ATM IV (30d)

52.4%

IV rank

4 / 100

Low

Expected move

±$47.51 (±14.5%)

Put/call OI

0.94

Max pain

$220

↓ 32.8% below close

Next earnings

Sep 3, 2026

Most Active PANW Contracts

Contract	Expiration	DTE	Last	IV	Volume
PANW $430 call	Dec 18, 2026	161d	$21.70	58.1%	680
PANW $315 put	Jul 17, 2026	7d	$5.20	55.8%	674
PANW $370 call	Jul 17, 2026	7d	$0.45	53.0%	634
PANW $500 call	Oct 16, 2026	98d	$5.13	58.3%	500
PANW $335 call	Jul 17, 2026	7d	$4.95	50.5%	360

See all active PANW contracts →

Explore PANW Options Statistics

PANW Implied Volatility

52.4% ATM IV (30d)

An IV rank of 4 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

PANW Open Interest

0.94 put/call OI ratio

319,762 calls and 300,177 puts outstanding across all expirations.

Full open interest analysis →

PANW Max Pain

$220 max pain

32.8% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

PANW Gamma Exposure

$3.82B net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

PANW Options Volume

30,151 contracts traded

Put/call volume ratio 1.00 — plus contracts running far above their usual volume.

Full volume & flow analysis →

PANW Most Active Options

$325 top volume strike

The 25 most actively traded PANW contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

PANW's next expected earnings date is Sep 3, 2026. Options currently price a ±$47.51 (±14.5%) move for the front expiration.

Explore the payoff profile of option on PANW for free

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PANW Options FAQ

When is PANW's next earnings date?

PANW's next expected earnings date is Sep 3, 2026. Options currently price a ±$47.51 (±14.5%) move for the front expiration.

How often is PANW options data on this page updated?

All PANW statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see PANW max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated PANW pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.