Palo Alto Networks Inc (PANW) Most Active Options
The 25 most actively traded Palo Alto Networks Inc (PANW) option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.
Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.
Most Active PANW Contracts
| Contract | Expiration | DTE | Last | IV | IV rank (30d) | Delta | Open interest | Volume | vs 30d avg |
|---|---|---|---|---|---|---|---|---|---|
| PANW $300 put | Sep 18, 2026 | 25d | $5.60 | — | 9 | — | 1,614 | 861 | 45.1× avg |
| PANW $95 put | Sep 11, 2026 | 18d | $0.02 | — | 49 | — | 87 | 562 | 15.9× avg |
| PANW $180 put | Sep 18, 2026 | 25d | $0.03 | — | 7 | — | 952 | 489 | 13.8× avg |
| PANW $350 call | Aug 28, 2026 | 4d | $9.15 | — | 70 | — | 157 | 441 | 12.6× avg |
| PANW $170 put | Sep 4, 2026 | 11d | $0.02 | — | 17 | — | 704 | 415 | 11.7× avg |
| PANW $75 put | Sep 11, 2026 | 18d | $0.01 | — | 61 | — | 71 | 415 | 11.7× avg |
| PANW $395 call | Aug 28, 2026 | 4d | $0.32 | — | 15 | — | 192 | 412 | 10.1× avg |
| PANW $500 call | Sep 18, 2026 | 25d | $0.85 | — | 24 | — | 954 | 409 | 31.2× avg |
| PANW $135 put | Sep 11, 2026 | 18d | $0.02 | — | 25 | — | 96 | 409 | 11.5× avg |
| PANW $135 put | Sep 4, 2026 | 11d | $0.02 | — | 42 | — | 198 | 333 | 9.4× avg |
| PANW $150 put | Sep 4, 2026 | 11d | $0.05 | — | 36 | — | 313 | 325 | 9.2× avg |
| PANW $340 call | Sep 4, 2026 | 11d | $25.25 | — | 71 | — | 41 | 325 | 38.6× avg |
| PANW $340 call | Sep 11, 2026 | 18d | $27.42 | — | — | — | 23 | 318 | — |
| PANW $390 call | Aug 28, 2026 | 4d | $0.44 | — | 14 | — | 434 | 315 | 7.7× avg |
| PANW $387.5 call | Aug 28, 2026 | 4d | $0.67 | — | 16 | — | 17 | 311 | 7.6× avg |
| PANW $365 call | Sep 18, 2026 | 25d | $17.75 | 64.2% | 76 | 0.45 | — | 302 | 11.5× avg |
| PANW $160 put | Jun 17, 2027 | 297d | $3.74 | — | 9 | — | 742 | 300 | 141.2× avg |
| PANW $380 call | Aug 28, 2026 | 4d | $1.10 | — | 14 | — | 145 | 243 | 5.9× avg |
| PANW $90 put | Sep 11, 2026 | 18d | $0.02 | — | 52 | — | 92 | 234 | 6.6× avg |
| PANW $430 call | Sep 18, 2026 | 25d | $4.04 | — | 22 | — | 507 | 229 | 17.5× avg |
| PANW $115 put | Sep 25, 2026 | 32d | $0.01 | — | 41 | — | 96 | 227 | 19.1× avg |
| PANW $115 put | Sep 11, 2026 | 18d | $0.01 | — | 40 | — | 54 | 218 | 6.1× avg |
| PANW $130 put | Sep 4, 2026 | 11d | $0.07 | — | 42 | — | 221 | 199 | 5.6× avg |
| PANW $285 put | Aug 28, 2026 | 4d | $0.08 | — | 26 | — | 422 | 199 | 3.0× avg |
| PANW $445 call | Sep 11, 2026 | 18d | $2.05 | — | 26 | — | 25 | 195 | 14.9× avg |
Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.
The most active PANW contract today is the $300 put expiring in 25 days, with 861 contracts traded. Puts dominate the most-active list (14 of the top 25), showing where trading interest concentrates. 2 of these contracts are running well ahead of the usual daily volume.
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PANW Options FAQ
Which PANW option contract is most active today?
The most traded PANW contract is the $300 put expiring Sep 18, 2026, with 861 contracts traded as of Aug 24, 2026.
How does OptiView rank the most active PANW options?
The table lists the 25 PANW contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.
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.