Palo Alto Networks Inc (PANW) Most Active Options

The 11 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 Oct 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$418.72
52-week range
$141.65 – $420.10
ATM IV (30d)
49.3%
IV rank
10 / 100
Low
Expected move
±$63.86 (±15.3%)
Put/call OI
0.93
Max pain
$300
↓ 28.4% below close
Next earnings
Nov 19, 2026

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Most Active PANW Contracts

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
PANW $400 put Oct 16, 2026 7d $3.85 45.1% 22 -0.22 519 612 2.9× avg
PANW $410 call Oct 16, 2026 7d $14.80 44.1% 21 0.65 1,237 538 1.7× avg
PANW $440 call Oct 16, 2026 7d $2.94 42.6% 8 0.21 1,117 534 1.4× avg
PANW $420 call Oct 16, 2026 7d $9.74 43.1% 10 0.50 1,741 519 1.3× avg
PANW $395 put Oct 16, 2026 7d $2.33 44.6% 8 -0.16 398 513 2.7× avg
PANW $392.5 put Oct 16, 2026 7d $1.92 45.3% 10 -0.14 110 497 2.6× avg
PANW $350 put Oct 16, 2026 7d $0.10 63.3% 8 -0.02 2,418 429 8.3× avg
PANW $450 call Oct 16, 2026 7d $1.60 43.6% 7 0.13 5,526 419 1.6× avg
PANW $520 call Dec 18, 2026 70d $12.05 57.1% 2 0.24 754 397 13.0× avg
PANW $430 call Oct 16, 2026 7d $5.65 43.5% 11 0.35 2,635 368 1.0× avg
PANW $360 call Mar 19, 2027 161d $91.70 55.2% 1 0.74 321 348 50.9× 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 $400 put expiring in 7 days, with 612 contracts traded. Calls dominate the most-active list (7 of the top 11), showing where trading interest concentrates.

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PANW Options FAQ

Which PANW option contract is most active today?

The most traded PANW contract is the $400 put expiring Oct 16, 2026, with 612 contracts traded as of Oct 9, 2026.

How does OptiView rank the most active PANW options?

The table lists the 11 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.