Palo Alto Networks Inc (PANW) Options Volume

30,151 Palo Alto Networks Inc (PANW) option contracts changed hands in the latest session, at a put/call volume ratio of 1.00. This page tracks how actively PANW options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

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

Options Volume & Premium Flow

Total options volume30,151
Call volume15,103
Put volume15,048
Put/call volume ratio1.00
Listed contracts3,300
Call premium traded$26.38M
Put premium traded$12.89M
Premium put/call ratio0.49
Open interest rank (31 day)64 / 100
Skew rank (31 day)86 / 100

PANW Options Volume Trend

050.9K101.7K152.6K203.4KFeb '26May '26Jul '26

PANW total options volume per session, past year.

0.000.671.342.012.68Feb '26May '26Jul '26

PANW put/call volume ratio, past year.

PANW Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
PANW $430 call Dec 18, 2026 $21.70 58.1% 65 680 48.1× avg
PANW $315 put Jul 17, 2026 $5.20 55.8% 119 674 5.3× avg
PANW $370 call Jul 17, 2026 $0.45 53.0% 943 634 6.1× avg
PANW $500 call Oct 16, 2026 $5.13 58.3% 1,453 500 76.3× avg

With a put/call volume ratio of 1.00, today's trading is roughly balanced between calls and puts. Measured in dollars rather than contracts, $26.38M of call premium and $12.89M of put premium changed hands — the larger premium flow is on the call side. 4 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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PANW Options FAQ

How many PANW options traded today?

30,151 PANW option contracts traded as of Jul 10, 2026 — 15,103 calls and 15,048 puts.

Is there unusual options activity in PANW today?

Yes — 4 contracts are trading at least three times their 30-day average volume as of Jul 10, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

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.