Home Options PANWChain

PANW

Palo Alto Networks, Inc.Close $348.06EOD only

Max Pain

$285.00

Next expiry Jul 10, 2026

Expected Move

±$20.75

6.0% from close

Price Gap

-63.06

Distance to max pain

IV Rank

Middle-high premium

P/C OI

1.02

Balanced positioning

Consensus

4/4

Partial coverage

Published snapshot: Jul 2, 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

Jul 2, 2026 close

PANW Options Chain

Data as of market close Jul 2, 2026

Expiration

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

Control Row

Next expiry (DTE 8)

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
135.00	162.40	210.15	216.40	0.00	0	1	264.5%	0.997	0.0001	-0.094	0.004	0.026
155.00	195.48	190.40	197.20	73.23	2	8	270.7%	0.991	0.0002	-0.254	0.012	0.029
160.00	126.47	185.35	192.20	0.00	2	35	259.6%	0.990	0.0002	-0.247	0.012	0.030
170.00	179.84	175.40	182.20	72.39	1	1	242.5%	0.989	0.0002	-0.254	0.014	0.032
175.00	108.58	170.20	177.20	0.00	1	22	228.3%	0.990	0.0002	-0.225	0.013	0.033
185.00	164.66	160.55	167.25	72.09	1	98	221.2%	0.987	0.0003	-0.280	0.016	0.034
190.00	162.59	155.45	162.25	0.00	2	3	210.6%	0.987	0.0003	-0.266	0.016	0.035
195.00	66.35	150.45	156.90	0.00	0	46	194.6%	0.989	0.0003	-0.218	0.014	0.037
200.00	94.10	145.45	151.50	0.00	2	4	176.3%	0.992	0.0003	-0.161	0.011	0.038
205.00	87.62	140.35	147.25	0.00	0	1	185.1%	0.986	0.0004	-0.251	0.017	0.038
210.00	113.38	135.25	142.25	0.00	5	7	175.6%	0.986	0.0004	-0.238	0.017	0.039
215.00	78.00	131.00	137.25	0.00	2	43	181.6%	0.980	0.0006	-0.333	0.024	0.040
220.00	130.42	125.45	132.30	50.41	1	27	166.0%	0.983	0.0005	-0.269	0.021	0.041
225.00	57.64	121.15	127.30	0.00	0	5	169.6%	0.976	0.0007	-0.354	0.027	0.041
230.00	94.95	115.30	122.30	0.00	2	23	149.4%	0.983	0.0006	-0.248	0.021	0.043
235.00	52.01	111.80	117.30	0.00	2	37	162.9%	0.968	0.0009	-0.425	0.034	0.043
240.00	88.92	105.05	112.00	0.00	1	202	126.0%	0.987	0.0006	-0.174	0.016	0.045
245.00	76.57	100.50	107.35	0.00	5	126	133.3%	0.977	0.0008	-0.276	0.026	0.045
250.00	102.66	96.50	102.35	0.00	5	29	138.7%	0.966	0.0011	-0.389	0.036	0.045
255.00	84.03	91.20	94.40	0.00	3	31	131.3%	0.965	0.0012	-0.381	0.038	0.046
257.50	32.65	88.00	94.90	0.00	0	1	117.8%	0.973	0.0011	-0.279	0.030	0.047
260.00	90.64	85.60	92.40	8.38	1	32	115.9%	0.971	0.0012	-0.290	0.031	0.048
262.50	69.52	82.90	89.90	0.00	1	3	110.3%	0.973	0.0012	-0.265	0.030	0.048
265.00	73.81	81.15	87.40	0.00	10	34	115.4%	0.963	0.0014	-0.348	0.039	0.048
267.50	86.21	78.65	84.95	58.41	1	1	112.6%	0.962	0.0015	-0.352	0.040	0.049
270.00	51.09	75.85	82.45	0.00	1	199	106.4%	0.964	0.0015	-0.319	0.038	0.049
275.00	80.15	70.70	77.50	13.90	1	106	99.1%	0.963	0.0017	-0.305	0.039	0.050
277.50	26.03	69.50	75.00	0.00	1	2	107.1%	0.946	0.0021	-0.434	0.053	0.049
280.00	71.35	65.75	72.55	-1.02	20	119	93.8%	0.960	0.0019	-0.312	0.042	0.051
282.50	48.47	63.25	70.05	0.00	2	1	90.7%	0.958	0.0020	-0.310	0.043	0.051
285.00	64.80	60.80	67.60	-3.35	22	51	88.5%	0.955	0.0022	-0.319	0.045	0.051
287.50	53.83	58.35	65.15	0.00	1	13	86.2%	0.952	0.0024	-0.327	0.048	0.052
290.00	65.35	55.75	61.65	0.00	2	269	72.9%	0.969	0.0020	-0.208	0.034	0.053
292.50	60.04	53.45	60.25	0.00	3	22	81.5%	0.946	0.0028	-0.342	0.053	0.052
295.00	56.30	52.30	57.80	-5.00	11	89	87.6%	0.924	0.0034	-0.464	0.069	0.051
297.50	40.75	48.55	55.35	0.00	2	38	76.7%	0.938	0.0033	-0.354	0.059	0.053
300.00	53.53	46.60	52.70	1.13	3	180	76.1%	0.929	0.0037	-0.387	0.065	0.053
302.50	50.90	43.75	50.55	14.05	1	78	72.9%	0.926	0.0040	-0.383	0.067	0.053
305.00	47.54	41.65	47.45	-0.71	18	175	68.4%	0.926	0.0042	-0.361	0.067	0.053
307.50	46.50	40.25	45.80	0.00	13	17	75.5%	0.893	0.0050	-0.509	0.089	0.051
310.00	40.85	38.20	43.50	-4.88	23	259	75.0%	0.880	0.0055	-0.547	0.096	0.051
312.50	39.28	34.30	41.15	0.48	1	27	65.7%	0.892	0.0058	-0.451	0.089	0.052
315.00	38.70	32.00	38.85	-0.44	8	137	64.1%	0.881	0.0065	-0.471	0.096	0.052
317.50	36.57	31.00	36.70	10.04	2	18	68.1%	0.849	0.0071	-0.580	0.113	0.050
320.00	31.35	28.95	34.35	-2.85	26	115	66.5%	0.833	0.0078	-0.603	0.120	0.050
322.50	34.23	26.80	31.70	1.75	1	36	63.4%	0.822	0.0085	-0.599	0.126	0.049
325.00	27.50	23.15	30.15	-5.70	11	92	58.8%	0.814	0.0095	-0.572	0.129	0.049
327.50	28.00	23.15	25.25	0.00	5	23	55.1%	0.801	0.0105	-0.559	0.134	0.049
330.00	21.80	21.25	23.20	-3.85	11	413	54.4%	0.775	0.0114	-0.591	0.145	0.048
332.50	19.65	19.40	21.25	-4.28	2	31	53.8%	0.746	0.0124	-0.622	0.154	0.046
335.00	18.63	17.65	19.40	-3.17	7	117	53.3%	0.714	0.0132	-0.651	0.164	0.044
337.50	19.77	16.00	17.55	-0.51	6	88	52.7%	0.681	0.0141	-0.675	0.172	0.042
340.00	15.25	14.10	15.80	-3.18	30	156	51.3%	0.647	0.0150	-0.682	0.179	0.040
345.00	13.92	11.30	12.70	-1.28	11	119	50.8%	0.568	0.0160	-0.710	0.189	0.036
350.00	9.52	8.90	10.05	-3.34	84	222	50.5%	0.487	0.0164	-0.713	0.192	0.031
355.00	7.58	7.00	7.90	-2.97	86	182	50.9%	0.408	0.0158	-0.696	0.187	0.026
360.00	6.00	5.35	5.75	-2.05	572	203	50.0%	0.330	0.0150	-0.636	0.175	0.021
370.00	3.20	2.81	3.65	-1.42	157	313	51.2%	0.207	0.0116	-0.512	0.138	0.013
380.00	2.70	1.44	2.15	0.03	47	202	52.2%	0.122	0.0080	-0.368	0.097	0.008
390.00	1.20	0.65	1.32	-0.37	135	182	53.5%	0.068	0.0051	-0.245	0.064	0.004
400.00	0.60	0.50	1.13	-0.40	31	98	59.7%	0.051	0.0037	-0.219	0.051	0.003
410.00	0.54	0.10	2.00	-0.10	5	24	71.5%	0.055	0.0032	-0.277	0.054	0.004
420.00	0.54	0.00	0.55	0.16	8	44	62.5%	0.017	0.0014	-0.091	0.020	0.001
440.00	0.15	0.00	4.35	0.00	4	5	110.5%	0.073	0.0026	-0.533	0.067	0.005
470.00	2.04	0.00	0.40	0.00	0	0	88.6%	0.009	0.0005	-0.072	0.011	0.001
490.00	0.05	0.00	0.11	0.00	3	427	85.5%	0.002	0.0002	-0.022	0.004	0.000
500.00	0.05	0.00	4.30	-2.79	1	9	152.4%	0.054	0.0015	-0.578	0.053	0.003
510.00	1.06	0.00	0.53	0.00	0	1	112.7%	0.009	0.0004	-0.095	0.012	0.001
520.00	1.03	0.00	1.32	0.00	0	1	133.7%	0.019	0.0007	-0.216	0.023	0.001
530.00	0.10	0.00	1.41	-2.06	1	7	140.2%	0.020	0.0007	-0.230	0.023	0.001
540.00	3.16	0.00	0.10	0.00	0	10	105.5%	0.002	0.0001	-0.020	0.003	0.000
550.00	1.29	0.00	0.10	0.00	0	3	109.4%	0.002	0.0001	-0.020	0.003	0.000
560.00	2.38	0.00	0.10	0.00	0	1	113.3%	0.002	0.0001	-0.020	0.002	0.000
570.00	2.36	0.00	0.10	0.00	0	1	117.2%	0.002	0.0001	-0.021	0.002	0.000
580.00	2.44	0.00	0.10	0.00	0	10	120.7%	0.002	0.0001	-0.020	0.002	0.000
590.00	0.04	0.00	0.10	-1.27	2	324	124.2%	0.001	0.0001	-0.020	0.002	0.000

Puts

Strike	Last	Bid	Ask	Chg	Vol	OI	IV	Delta	Gamma	Theta	Vega	Rho
80.00	0.10	0.00	0.05	0.00	1	15	325.0%	-0.000	0.0000	-0.010	0.000	-0.000
85.00	0.10	0.00	0.05	-0.05	2	2	312.5%	-0.000	0.0000	-0.010	0.000	-0.000
115.00	0.10	0.00	0.10	-0.05	4	10	262.5%	-0.001	0.0000	-0.020	0.001	-0.000
140.00	0.16	0.00	0.15	0.00	8	4	227.0%	-0.001	0.0000	-0.029	0.002	-0.000
150.00	0.15	0.00	0.15	0.07	1	12	210.9%	-0.001	0.0000	-0.029	0.002	-0.000
160.00	0.05	0.00	0.50	0.00	54	32	224.0%	-0.004	0.0001	-0.089	0.006	-0.000
165.00	0.07	0.00	3.40	0.00	122	33	290.6%	-0.020	0.0003	-0.479	0.023	-0.002
170.00	0.14	0.00	0.27	0.00	37	97	193.0%	-0.002	0.0001	-0.050	0.004	-0.000
175.00	0.06	0.00	3.40	0.00	2	224	270.3%	-0.021	0.0004	-0.475	0.025	-0.002
180.00	0.11	0.00	0.14	0.00	12	242	166.4%	-0.001	0.0001	-0.027	0.002	-0.000
185.00	0.06	0.00	0.59	0.00	2	28	189.4%	-0.005	0.0002	-0.102	0.008	-0.000
190.00	0.38	0.00	0.45	0.00	7	272	175.8%	-0.005	0.0002	-0.080	0.006	-0.000
195.00	0.07	0.00	0.63	0.00	36	176	176.6%	-0.006	0.0002	-0.108	0.009	-0.000
200.00	0.09	0.00	0.50	0.00	2	170	164.5%	-0.005	0.0002	-0.087	0.007	-0.000
205.00	0.09	0.00	0.07	-0.01	1	85	126.6%	-0.001	0.0001	-0.014	0.002	-0.000
210.00	0.02	0.00	0.02	-0.42	3	1,033	109.4%	-0.000	0.0000	-0.004	0.001	-0.000
215.00	0.12	0.00	3.35	0.00	17	104	198.2%	-0.029	0.0007	-0.450	0.032	-0.002
220.00	0.18	0.00	1.57	0.00	31	134	164.9%	-0.017	0.0005	-0.236	0.020	-0.001
225.00	0.05	0.00	0.07	0.00	4	91	105.9%	-0.001	0.0001	-0.014	0.002	-0.000
230.00	0.16	0.00	4.30	0.00	3	34	184.2%	-0.040	0.0010	-0.541	0.041	-0.003
235.00	1.13	0.00	3.75	0.00	6	38	171.0%	-0.038	0.0010	-0.480	0.039	-0.003
237.50	0.28	0.00	4.30	0.00	11	8	172.4%	-0.042	0.0011	-0.534	0.044	-0.003
240.00	0.05	0.00	4.30	0.00	13	147	168.5%	-0.043	0.0011	-0.532	0.044	-0.003
242.50	0.42	0.00	4.30	0.00	5	9	164.7%	-0.044	0.0012	-0.529	0.045	-0.003
245.00	0.14	0.00	3.95	0.00	12	93	157.8%	-0.043	0.0012	-0.492	0.044	-0.003
250.00	0.05	0.00	1.50	-0.01	6	131	123.5%	-0.021	0.0009	-0.218	0.025	-0.002
255.00	0.09	0.00	1.34	0.00	18	183	114.9%	-0.021	0.0009	-0.196	0.024	-0.001
257.50	2.58	0.00	4.35	0.00	0	1	142.7%	-0.052	0.0015	-0.518	0.051	-0.004
260.00	0.37	0.00	4.35	0.00	4	188	139.0%	-0.053	0.0016	-0.515	0.052	-0.004
262.50	0.28	0.00	4.40	0.00	4	17	135.7%	-0.055	0.0017	-0.517	0.054	-0.004
265.00	0.12	0.01	0.28	0.05	54	57	81.1%	-0.006	0.0005	-0.050	0.009	-0.000
267.50	0.35	0.00	4.40	0.00	3	25	128.5%	-0.058	0.0019	-0.510	0.056	-0.004
270.00	0.13	0.00	1.69	0.00	3	38	101.1%	-0.029	0.0014	-0.232	0.032	-0.002
272.50	0.40	0.00	4.45	0.00	8	16	121.7%	-0.062	0.0021	-0.507	0.059	-0.004
275.00	0.12	0.00	4.45	0.00	2	62	118.2%	-0.063	0.0022	-0.504	0.060	-0.005
277.50	0.60	0.00	4.50	0.00	50	23	115.0%	-0.066	0.0023	-0.504	0.062	-0.005
280.00	0.24	0.05	0.50	-0.01	7	129	72.9%	-0.013	0.0010	-0.086	0.017	-0.001
282.50	4.67	0.00	4.55	0.00	2	9	108.3%	-0.070	0.0026	-0.500	0.065	-0.005
285.00	0.30	0.00	0.60	0.00	8	108	68.8%	-0.016	0.0012	-0.092	0.019	-0.001
287.50	0.48	0.00	1.07	0.00	2	6	73.2%	-0.026	0.0017	-0.151	0.029	-0.002
290.00	0.49	0.00	0.80	0.22	16	69	66.8%	-0.021	0.0016	-0.116	0.025	-0.001
292.50	0.76	0.01	1.88	0.00	26	53	76.0%	-0.043	0.0025	-0.239	0.044	-0.003
295.00	0.58	0.00	4.55	0.00	1	73	90.9%	-0.083	0.0035	-0.476	0.074	-0.006
297.50	0.39	0.06	1.98	-0.07	1	10	71.2%	-0.050	0.0030	-0.249	0.049	-0.003
300.00	0.57	0.04	0.71	-0.10	94	104	55.6%	-0.024	0.0021	-0.107	0.027	-0.002
302.50	1.00	0.42	1.04	0.00	3	3	60.5%	-0.042	0.0031	-0.185	0.043	-0.003
305.00	0.92	0.63	1.16	0.06	18	27	60.3%	-0.051	0.0036	-0.216	0.051	-0.004
310.00	1.19	0.88	1.48	-0.06	57	27	58.3%	-0.069	0.0047	-0.263	0.064	-0.005
315.00	1.48	1.19	1.80	0.08	189	118	55.7%	-0.089	0.0060	-0.306	0.078	-0.006
320.00	1.87	1.71	2.19	-0.03	251	103	53.4%	-0.118	0.0077	-0.359	0.095	-0.008
325.00	2.20	2.44	3.30	-0.36	1,134	97	53.7%	-0.166	0.0096	-0.453	0.120	-0.012
330.00	3.53	3.40	4.30	-0.09	78	133	52.5%	-0.217	0.0116	-0.522	0.142	-0.015
335.00	5.00	4.65	5.45	0.27	160	89	51.0%	-0.278	0.0136	-0.578	0.162	-0.019
340.00	6.40	6.35	6.90	0.75	1,578	30	51.4%	-0.353	0.0150	-0.642	0.179	-0.025
345.00	9.62	8.45	9.35	1.42	55	84	50.6%	-0.431	0.0161	-0.666	0.189	-0.030
350.00	10.80	10.80	11.75	0.47	60	84	52.2%	-0.512	0.0159	-0.694	0.192	-0.036
360.00	15.05	16.45	18.10	-0.70	165	35	53.2%	-0.659	0.0143	-0.643	0.177	-0.047
370.00	23.50	23.70	26.00	1.29	1	9	56.5%	-0.768	0.0112	-0.559	0.147	-0.056
390.00	109.20	38.80	45.75	0.00	0	0	79.2%	-0.835	0.0065	-0.638	0.120	-0.064
400.00	120.35	48.40	55.65	0.00	0	0	89.3%	-0.855	0.0053	-0.660	0.110	-0.068
410.00	128.95	58.70	65.40	0.00	0	0	97.3%	-0.873	0.0044	-0.652	0.100	-0.071
460.00	165.50	107.90	115.55	0.00	0	0	142.1%	-0.906	0.0025	-0.771	0.081	-0.082
470.00	178.00	118.65	125.10	0.00	0	0	144.8%	-0.918	0.0022	-0.701	0.073	-0.085
510.00	231.10	158.65	165.10	0.00	0	0	172.5%	-0.930	0.0016	-0.739	0.065	-0.094
520.00	241.08	167.90	175.10	0.00	0	0	178.9%	-0.932	0.0015	-0.747	0.063	-0.096

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.