Home Options PANWChain

PANW

Palo Alto Networks, Inc.Close $240.13EOD only

Max Pain

$217.50

Next expiry May 22, 2026

Expected Move

±$10.00

4.2% from close

Price Gap

-22.63

Distance to max pain

IV Rank

Middle-high premium

P/C OI

1.10

Balanced positioning

Consensus

4/4

Partial coverage

Published snapshot: May 19, 2026 close

End-of-day snapshot

This page reflects PANW options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

May 19, 2026 close

PANW Options Chain

Data as of market close May 19, 2026

Expiration

Compare calls and puts side by side with OI, volume, IV, and positioning context.

Control Row

Next expiry (DTE 3)

Blank greek cells usually mean usable implied volatility was unavailable for that contract in the market-close snapshot.

Open Interest by Strike

IV Skew

Volume by Strike

Calls

Strike	Last	Bid	Ask	Chg	Vol	OI	IV	Delta	Gamma	Theta	Vega	Rho
80.00	93.00	158.80	167.15	0.00	0	1	700.5%	0.980	0.0003	-1.252	0.011	0.006
95.00	88.47	143.85	149.15	0.00	0	62	514.3%	0.987	0.0003	-0.640	0.007	0.007
100.00	68.25	138.65	144.15	0.00	4	2	481.4%	0.987	0.0003	-0.596	0.007	0.008
105.00	75.15	133.25	138.20	0.00	2	3	400.2%	0.993	0.0002	-0.292	0.004	0.008
130.00	110.70	108.20	113.20	0.00	3	72	303.9%	0.991	0.0004	-0.283	0.005	0.010
135.00	47.80	103.80	109.20	0.00	2	92	338.0%	0.979	0.0007	-0.634	0.011	0.011
140.00	98.88	98.40	104.20	0.00	5	7	309.5%	0.981	0.0007	-0.548	0.010	0.011
145.00	67.31	93.70	99.20	0.00	2	17	299.5%	0.977	0.0008	-0.609	0.012	0.011
150.00	64.33	88.80	93.25	0.00	1	62	261.1%	0.982	0.0008	-0.427	0.009	0.012
152.50	86.55	86.35	91.70	0.00	1	1	277.3%	0.973	0.0010	-0.637	0.013	0.012
155.00	25.26	83.85	89.45	0.00	23	27	274.1%	0.970	0.0011	-0.686	0.015	0.012
157.50	85.07	81.35	86.70	0.00	3	3	260.8%	0.971	0.0011	-0.635	0.014	0.012
160.00	86.72	78.85	84.45	-1.53	1	193	257.6%	0.968	0.0013	-0.683	0.015	0.012
165.00	77.73	73.40	79.45	-0.18	2	109	233.0%	0.970	0.0013	-0.590	0.015	0.013
167.50	68.29	71.55	76.70	0.00	0	1	232.7%	0.965	0.0015	-0.668	0.017	0.013
170.00	76.86	68.85	74.45	0.00	51	77	225.8%	0.963	0.0016	-0.676	0.017	0.013
172.50	26.68	66.35	71.75	0.00	0	1	214.6%	0.964	0.0017	-0.635	0.017	0.013
175.00	67.62	64.25	68.65	-4.61	4	440	203.6%	0.965	0.0018	-0.594	0.017	0.014
177.50	69.91	61.35	66.75	0.00	1	11	199.5%	0.961	0.0019	-0.630	0.018	0.014
180.00	61.00	58.60	61.25	-7.39	6	332	181.8%	0.967	0.0019	-0.511	0.016	0.014
182.50	59.60	56.35	61.75	0.00	2	8	184.8%	0.958	0.0022	-0.625	0.020	0.014
185.00	57.90	53.35	57.55	-3.88	12	756	131.2%	0.988	0.0011	-0.170	0.007	0.015
187.50	55.05	51.00	56.75	-5.45	1	22	164.9%	0.958	0.0025	-0.553	0.019	0.015
190.00	53.06	48.95	54.50	-5.56	4	219	168.0%	0.947	0.0030	-0.680	0.024	0.014
192.50	51.50	46.35	51.75	0.00	6	66	156.0%	0.949	0.0031	-0.612	0.023	0.015
195.00	49.20	43.85	49.35	-3.13	43	235	150.2%	0.945	0.0034	-0.627	0.024	0.015
197.50	44.06	41.45	46.75	-3.94	6	44	143.2%	0.942	0.0037	-0.623	0.025	0.015
200.00	40.00	39.00	44.55	-7.17	25	539	140.4%	0.934	0.0042	-0.678	0.028	0.015
202.50	40.41	36.05	42.05	-4.00	7	373	127.9%	0.937	0.0044	-0.595	0.027	0.015
205.00	35.00	33.90	38.30	-6.80	17	123	109.4%	0.950	0.0043	-0.430	0.022	0.016
207.50	34.45	32.10	37.05	-5.15	15	209	125.1%	0.911	0.0059	-0.753	0.035	0.015
210.00	31.95	29.05	34.60	-6.30	20	162	112.8%	0.914	0.0064	-0.665	0.034	0.015
212.50	31.06	26.75	31.85	-4.38	2	124	105.2%	0.909	0.0072	-0.648	0.036	0.016
215.00	26.95	24.30	29.65	-5.80	22	198	101.2%	0.895	0.0082	-0.689	0.040	0.016
217.50	25.65	21.75	25.95	-4.15	8	75	82.2%	0.915	0.0087	-0.488	0.034	0.016
220.00	20.45	18.75	23.55	-7.50	16	506	71.4%	0.918	0.0098	-0.416	0.033	0.016
222.50	20.35	17.10	22.20	-4.35	3	28	81.8%	0.858	0.0126	-0.689	0.049	0.015
225.00	19.07	14.90	16.70	-3.09	11	195	51.0%	0.925	0.0128	-0.287	0.031	0.017
227.50	15.00	12.70	16.85	-5.90	11	98	68.0%	0.819	0.0178	-0.670	0.057	0.015
230.00	14.60	11.20	12.35	-3.90	12	241	53.2%	0.823	0.0225	-0.523	0.057	0.015
232.50	10.80	9.00	10.70	-6.55	2	27	52.3%	0.762	0.0272	-0.608	0.067	0.014
235.00	10.35	7.25	8.85	-3.38	22	402	51.2%	0.690	0.0316	-0.674	0.077	0.013
237.50	8.35	6.15	6.65	-3.62	1	231	52.4%	0.604	0.0338	-0.750	0.084	0.011
240.00	5.06	4.85	5.40	-5.43	183	557	50.5%	0.517	0.0363	-0.744	0.087	0.010
242.50	4.18	3.70	4.25	-4.67	96	191	50.3%	0.427	0.0358	-0.728	0.085	0.008
245.00	3.00	2.87	3.25	-4.70	199	353	50.7%	0.342	0.0333	-0.685	0.080	0.007
247.50	2.44	2.14	2.52	-3.56	272	142	51.1%	0.267	0.0295	-0.618	0.072	0.005
250.00	1.70	1.52	1.84	-3.10	749	826	50.7%	0.199	0.0253	-0.519	0.061	0.004
252.50	1.25	1.07	1.34	-2.79	133	423	50.7%	0.144	0.0206	-0.422	0.049	0.003
255.00	0.91	0.79	1.22	-2.14	692	529	53.5%	0.114	0.0165	-0.378	0.042	0.002
257.50	0.76	0.51	0.83	-1.44	67	63	52.7%	0.076	0.0125	-0.276	0.031	0.001
260.00	0.50	0.41	0.67	-1.35	342	1,247	54.7%	0.058	0.0098	-0.233	0.025	0.001
262.50	0.51	0.23	0.55	-0.99	55	44	55.3%	0.041	0.0072	-0.176	0.019	0.001
265.00	0.30	0.21	0.37	-0.91	65	1,017	56.3%	0.029	0.0054	-0.135	0.014	0.001
267.50	0.22	0.00	0.47	-0.72	25	59	58.1%	0.022	0.0041	-0.111	0.011	0.000
270.00	0.26	0.01	0.25	-0.45	70	521	56.3%	0.012	0.0025	-0.063	0.007	0.000
275.00	0.12	0.00	0.18	-0.30	20	99	60.2%	0.007	0.0015	-0.043	0.004	0.000
280.00	0.24	0.01	0.82	-0.01	4	77	85.8%	0.027	0.0033	-0.193	0.013	0.001
285.00	0.03	0.00	0.35	-0.11	20	79	80.8%	0.011	0.0016	-0.084	0.006	0.000
290.00	0.06	0.01	0.12	-0.04	5	119	76.6%	0.004	0.0007	-0.031	0.002	0.000

Puts

Strike	Last	Bid	Ask	Chg	Vol	OI	IV	Delta	Gamma	Theta	Vega	Rho
90.00	0.05	0.00	0.14	0.03	1	38	355.5%	-0.001	0.0000	-0.030	0.001	-0.000
95.00	0.03	0.00	0.14	0.02	48	46	336.7%	-0.001	0.0000	-0.030	0.001	-0.000
100.00	0.20	0.00	0.14	0.18	2	12	319.5%	-0.001	0.0000	-0.030	0.001	-0.000
105.00	0.10	0.00	0.14	0.08	18	208	302.3%	-0.001	0.0000	-0.030	0.001	-0.000
110.00	0.01	0.00	0.03	-0.34	9	491	246.9%	-0.000	0.0000	-0.005	0.000	-0.000
115.00	0.05	0.00	0.14	0.02	21	60	271.1%	-0.001	0.0001	-0.030	0.001	-0.000
120.00	0.01	0.00	0.01	-0.20	2	226	200.0%	-0.000	0.0000	-0.001	0.000	-0.000
125.00	0.01	0.00	0.01	-0.02	10	312	190.6%	-0.000	0.0000	-0.002	0.000	-0.000
130.00	0.01	0.00	0.02	0.00	21	126	190.6%	-0.000	0.0000	-0.004	0.000	-0.000
135.00	0.02	0.00	0.14	0.01	34	316	215.6%	-0.001	0.0001	-0.030	0.001	-0.000
139.00	0.02	0.00	0.06	0.00	110	8	188.3%	-0.001	0.0000	-0.012	0.000	-0.000
140.00	0.02	0.00	0.14	0.01	21	132	203.1%	-0.001	0.0001	-0.030	0.001	-0.000
145.00	0.03	0.00	0.14	0.00	43	265	191.4%	-0.001	0.0001	-0.031	0.001	-0.000
150.00	0.10	0.00	0.10	0.06	1	196	172.7%	-0.001	0.0001	-0.021	0.001	-0.000
152.50	0.03	0.00	0.14	0.00	10	12	173.4%	-0.001	0.0001	-0.031	0.001	-0.000
155.00	0.04	0.00	0.08	0.02	98	98	157.8%	-0.001	0.0001	-0.017	0.001	-0.000
160.00	0.33	0.00	0.14	0.32	1	398	157.0%	-0.002	0.0002	-0.031	0.001	-0.000
165.00	0.06	0.00	0.14	0.00	27	142	146.1%	-0.002	0.0002	-0.031	0.001	-0.000
167.50	0.02	0.00	1.82	-0.28	126	1	209.0%	-0.023	0.0012	-0.411	0.012	-0.000
170.00	0.05	0.00	0.10	0.04	4	224	130.5%	-0.001	0.0002	-0.022	0.001	-0.000
172.50	0.08	0.00	0.30	0.00	7	71	143.8%	-0.005	0.0004	-0.070	0.003	-0.000
175.00	0.01	0.00	0.06	-0.33	326	485	114.1%	-0.001	0.0001	-0.013	0.001	-0.000
177.50	0.02	0.00	0.10	-0.01	88	66	115.6%	-0.002	0.0002	-0.022	0.001	-0.000
180.00	0.13	0.02	0.05	0.10	605	283	106.3%	-0.001	0.0002	-0.015	0.001	-0.000
182.50	0.44	0.00	3.45	0.00	2	6	193.9%	-0.049	0.0024	-0.717	0.022	-0.001
185.00	0.05	0.00	0.40	-0.01	113	213	121.7%	-0.008	0.0008	-0.093	0.005	-0.000
187.50	0.07	0.00	4.05	0.00	17	66	186.8%	-0.061	0.0030	-0.814	0.026	-0.001
190.00	0.02	0.00	0.25	-0.04	12	121	103.3%	-0.005	0.0007	-0.058	0.003	-0.000
192.50	0.04	0.00	4.35	0.00	2	33	175.0%	-0.070	0.0035	-0.852	0.029	-0.001
195.00	0.49	0.00	1.45	0.00	3	103	127.1%	-0.031	0.0025	-0.320	0.015	-0.001
197.50	0.25	0.00	1.93	0.00	1	89	128.9%	-0.041	0.0032	-0.413	0.019	-0.001
200.00	0.01	0.00	0.20	-0.04	3	180	80.7%	-0.006	0.0009	-0.046	0.003	-0.000
202.50	0.08	0.03	0.39	-0.18	68	117	85.2%	-0.012	0.0017	-0.098	0.007	-0.000
205.00	0.14	0.02	0.45	0.01	53	112	81.4%	-0.014	0.0021	-0.108	0.008	-0.000
207.50	0.40	0.00	1.98	0.00	124	155	103.4%	-0.054	0.0049	-0.409	0.024	-0.001
210.00	0.10	0.05	0.29	0.02	12	190	67.1%	-0.013	0.0022	-0.079	0.007	-0.000
212.50	0.55	0.00	3.70	0.00	1	71	108.6%	-0.098	0.0073	-0.678	0.038	-0.002
215.00	0.18	0.10	0.23	-0.01	80	402	56.7%	-0.015	0.0030	-0.076	0.008	-0.000
217.50	0.45	0.11	0.40	0.18	31	223	56.2%	-0.024	0.0046	-0.115	0.012	-0.000
220.00	0.32	0.29	0.36	0.07	306	403	53.5%	-0.033	0.0063	-0.142	0.016	-0.001
222.50	0.55	0.26	0.55	0.19	42	336	50.4%	-0.045	0.0086	-0.171	0.020	-0.001
225.00	0.70	0.49	0.75	0.22	64	257	52.7%	-0.082	0.0132	-0.286	0.033	-0.002
227.50	0.88	0.78	1.10	0.25	318	184	52.4%	-0.121	0.0177	-0.380	0.044	-0.002
230.00	1.47	1.28	1.60	0.54	469	338	50.3%	-0.165	0.0226	-0.448	0.054	-0.003
232.50	1.99	1.78	2.20	0.81	467	920	52.1%	-0.237	0.0273	-0.577	0.067	-0.005
235.00	2.65	2.63	2.94	1.03	1,334	1,207	51.4%	-0.311	0.0315	-0.650	0.077	-0.006
237.50	3.50	3.40	3.80	1.35	924	196	50.2%	-0.393	0.0352	-0.689	0.084	-0.008
240.00	4.90	4.45	5.30	2.20	462	369	53.5%	-0.483	0.0342	-0.760	0.087	-0.010
242.50	5.35	5.90	6.60	1.63	85	179	52.9%	-0.569	0.0341	-0.738	0.086	-0.012
245.00	7.00	7.20	8.55	2.30	121	84	50.1%	-0.660	0.0336	-0.646	0.080	-0.014
247.50	7.85	8.60	10.35	2.10	40	23	58.5%	-0.704	0.0271	-0.712	0.075	-0.015
250.00	8.40	10.55	12.20	1.32	14	41	58.9%	-0.765	0.0240	-0.634	0.067	-0.016
255.00	11.60	14.30	16.75	1.13	3	46	66.9%	-0.830	0.0174	-0.589	0.055	-0.018
257.50	18.33	13.75	20.90	0.00	6	3	95.2%	-0.777	0.0144	-1.006	0.065	-0.017
260.00	17.96	16.25	23.95	2.81	1	23	108.8%	-0.774	0.0127	-1.162	0.065	-0.017
262.50	22.65	18.45	26.15	0.00	6	3	111.8%	-0.795	0.0117	-1.127	0.062	-0.018
270.00	25.90	25.95	32.90	0.00	20	45	120.2%	-0.846	0.0091	-1.008	0.052	-0.019

How to Read the Chain

Use this market-close chain snapshot to compare liquidity, pricing, IV, and per-contract greeks across the active expiration.

How to scan it

Start with strike, bid/ask spread, open interest, and volume. Then use IV and greeks to decide whether a contract fits your directional, income, or volatility idea.

What matters first

Clean fills matter before a contract looks mathematically attractive. A thin market can erase the edge you think you found.

What can mislead you

Low premium, high IV, or one convenient delta do not make a trade by themselves. Check how far the strike sits from spot, expected move, and the event calendar.

Greeks are close-of-day estimates, and blank greek cells usually mean usable implied volatility was unavailable for that contract.