thetaOwl

PANW

Palo Alto Networks, Inc.Close $374.14EOD only
Max Pain
$290.00
Next expiry Aug 21, 2026
Expected Move
±$14.85
4.0% from close
Price Gap
-84.14
Distance to max pain
IV Rank
61
High premium
P/C OI
1.06
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: Aug 18, 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
Aug 18, 2026 close
PANW Options Chain
Data as of market close Aug 18, 2026

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

StrikeLastBidAskChgVolOIIVDeltaGammaThetaVegaRho
80.00292.88290.55295.55214.4520771.3%0.9950.0001-0.6720.0050.006
85.00287.65286.60292.5022.953727616.8%0.9980.0000-0.2000.0020.007
90.00283.97280.50287.3581.631599833.6%0.9880.0001-1.4600.0100.007
95.00278.99275.60282.4577.901240808.3%0.9870.0001-1.5020.0110.007
100.00273.96270.70277.200.003054766.6%0.9880.0001-1.3970.0110.008
105.00268.96265.80272.200.005368739.6%0.9870.0001-1.3970.0110.008
110.00265.13260.00267.400.002343723.5%0.9860.0001-1.4800.0120.008
115.00257.52255.05262.7533.2267714.3%0.9840.0002-1.6230.0140.009
120.00252.52250.70257.25-3.4763,191668.8%0.9850.0002-1.4170.0130.009
125.00251.01245.05252.750.00210667.4%0.9830.0002-1.6210.0140.010
130.00229.35239.80247.650.00328641.5%0.9830.0002-1.5790.0150.010
135.00203.40235.05242.750.00619624.4%0.9810.0002-1.6190.0150.010
140.00202.75230.05237.750.002127604.2%0.9810.0002-1.6170.0160.011
145.00230.60224.80232.550.003141577.4%0.9810.0002-1.5350.0160.011
150.00218.17219.80227.550.001247558.8%0.9800.0003-1.5330.0160.012
155.00220.00215.05222.650.00264544.3%0.9790.0003-1.5710.0170.012
160.00230.92211.80217.400.001194369.3%0.9970.0001-0.2330.0030.013
165.00219.61206.75213.000.001212382.2%0.9940.0001-0.3640.0050.013
170.00202.27201.00207.80-11.181314319.9%0.9980.0001-0.1390.0020.014
175.00201.29195.55202.802.1850390250.0%1.0000.0000-0.0340.0000.014
180.00195.00190.65197.30-0.9921,573451.7%0.9770.0004-1.4190.0190.014
185.00190.00184.80192.55-0.132612444.4%0.9740.0004-1.5170.0200.014
190.00189.23179.95188.000.003398442.4%0.9710.0004-1.6910.0230.015
195.00179.32174.80182.75-0.895283421.3%0.9710.0005-1.5900.0220.015
200.00176.00169.85177.550.00521,008402.0%0.9710.0005-1.5080.0220.015
210.00164.36160.20167.80-3.097446381.6%0.9670.0006-1.5980.0250.016
220.00155.00152.00157.25-1.68141,543243.0%0.9940.0002-0.2530.0060.018
230.00155.50140.40147.850.002406332.2%0.9610.0007-1.5970.0280.018
240.00135.96131.85137.850.001317220.2%0.9900.0004-0.3600.0090.019
250.00120.05121.75128.00-6.331460203.7%0.9890.0004-0.3730.0100.020
260.00114.42110.90117.85-4.881292156.5%0.9960.0002-0.1390.0040.021
265.00105.30105.10112.85-15.21135252.2%0.9480.0012-1.5490.0360.020
270.00104.26101.20107.85-0.2423500152.6%0.9920.0004-0.2120.0070.022
275.0082.0895.10102.850.0014230.8%0.9430.0015-1.5300.0390.021
280.0092.9591.0597.85-5.152362133.2%0.9930.0004-0.1770.0070.023
285.0078.4286.6592.850.0011140.8%0.9860.0007-0.3160.0120.023
290.00102.6079.9087.850.0013459199.8%0.9330.0019-1.4960.0440.022
295.00101.8175.1582.850.0001189.6%0.9290.0021-1.4830.0460.022
300.0074.4870.6077.40-0.74151,727173.0%0.9320.0022-1.3200.0450.022
302.5044.8667.6575.400.0011175.3%0.9220.0025-1.4760.0490.022
305.0078.3565.1572.900.00212170.3%0.9200.0026-1.4680.0510.022
307.5055.4262.6570.250.0056163.3%0.9190.0027-1.4120.0510.023
310.0065.1060.0067.801.0010644159.0%0.9160.0029-1.4190.0520.023
312.5061.3357.6565.3034.8222154.1%0.9130.0030-1.4090.0540.023
315.0055.0055.1562.90-14.371015150.5%0.9090.0032-1.4300.0560.023
317.5053.6252.6560.40-16.75112145.5%0.9050.0034-1.4190.0570.023
320.0051.7750.0557.75-4.40121925138.8%0.9050.0036-1.3630.0580.023
322.5043.7147.7055.450.0034136.3%0.8970.0039-1.4110.0610.023
325.0049.5046.1052.65-8.0015168.6%0.9890.0012-0.1470.0100.026
327.5054.9542.7550.200.001539123.5%0.8940.0044-1.3120.0620.023
330.0044.6740.8047.150.328850112.2%0.9010.0046-1.1380.0590.024
332.5048.5537.8044.950.00112111.0%0.8900.0050-1.2130.0640.024
335.0035.7035.1042.75-17.30655109.4%0.8780.0054-1.2830.0680.024
337.5038.7232.9040.45-7.121115106.6%0.8680.0059-1.3200.0720.023
340.0035.1630.9038.10-1.0271,05853.6%0.9770.0030-0.2020.0180.027
342.5042.3028.1035.350.0025395.6%0.8570.0070-1.2540.0770.024
345.0043.2525.7533.100.00118293.0%0.8430.0076-1.2940.0810.023
347.5036.0024.3530.800.0014354.3%0.9370.0067-0.4170.0420.027
350.0023.8722.7528.40-3.451170757.1%0.9070.0086-0.5740.0560.026
352.5027.4618.8026.300.0013683.4%0.7970.0100-1.3640.0960.022
355.0017.1816.7023.30-7.2214173.8%0.7950.0114-1.2180.0960.023
357.5031.8014.5022.100.0076878.5%0.7520.0119-1.4360.1070.021
360.0016.7715.0518.40-3.231884850.0%0.8110.0160-0.8000.0920.024
362.5014.7513.1516.40-10.2829061.5%0.7260.0160-1.1890.1130.021
365.0013.6311.4514.45-0.90334559.4%0.6890.0175-1.2150.1200.020
367.5010.1010.0012.55-9.21215257.1%0.6480.0192-1.2250.1260.019
370.009.789.2010.55-3.073571,40253.5%0.6030.0212-1.1920.1310.018
372.508.507.309.30-2.642530854.2%0.5480.0215-1.2370.1340.016
375.007.306.107.95-0.558022653.5%0.4940.0220-1.2280.1350.015
377.506.205.006.60-2.253110752.1%0.4370.0223-1.1780.1340.013
380.004.684.055.70-1.7254891052.7%0.3840.0214-1.1560.1300.011
382.504.203.204.30-1.734517549.2%0.3210.0214-1.0100.1210.010
385.003.092.543.80-1.869532651.1%0.2790.0194-0.9820.1140.008
387.502.652.002.96-1.804815749.7%0.2270.0179-0.8580.1020.007
390.001.931.472.70-1.459382752.3%0.1990.0157-0.8340.0950.006
392.501.701.082.10-1.351910851.3%0.1590.0139-0.7100.0820.005
395.001.220.771.44-1.1416363448.7%0.1150.0118-0.5400.0660.003
397.501.210.511.53-0.6454253.4%0.1110.0105-0.5780.0640.003
400.000.770.600.94-0.842401,72549.6%0.0730.0082-0.3910.0470.002
402.500.500.350.90-0.50512552.3%0.0660.0072-0.3810.0430.002
405.000.450.190.67-0.58371,40051.7%0.0480.0057-0.2960.0340.001
407.500.380.010.64-0.5594554.2%0.0440.0051-0.2860.0320.001
410.000.270.100.45-0.409689853.0%0.0310.0038-0.2090.0230.001
415.000.410.020.88-0.081642258.5%0.0270.0032-0.2100.0210.001
420.000.100.000.15-0.262880353.0%0.0090.0013-0.0720.0080.000
425.000.060.000.30-0.145174057.6%0.0080.0011-0.0720.0070.000
430.000.050.000.10-0.144870653.9%0.0020.0004-0.0230.0030.000
435.000.060.000.50-0.0214071.6%0.0110.0012-0.1200.0100.000
440.000.030.020.03-0.0117347757.0%0.0010.0002-0.0100.0010.000
445.000.040.000.250.00676273.0%0.0050.0006-0.0590.0050.000
450.000.070.000.070.069265766.4%0.0010.0002-0.0150.0010.000
455.000.030.000.920.007598.0%0.0160.0012-0.2190.0130.000
460.000.280.000.500.20145193.3%0.0080.0007-0.1190.0080.000
470.000.020.000.100.005021983.2%0.0010.0002-0.0220.0020.000
480.000.010.000.47-0.02218112108.2%0.0060.0005-0.1110.0060.000
490.000.060.000.90-0.11146127.1%0.0110.0007-0.2140.0100.000
500.000.100.002.920.021143165.6%0.0320.0013-0.6700.0240.001
510.000.040.000.050.011149102.0%0.0000.0001-0.0100.0010.000
520.000.430.000.050.001134107.8%0.0000.0000-0.0100.0010.000
530.000.340.000.050.0046136113.3%0.0000.0000-0.0100.0010.000
540.000.100.000.050.00549118.8%0.0000.0000-0.0100.0000.000
550.000.020.000.040.00502,072121.9%0.0000.0000-0.0080.0000.000
560.000.010.001.100.003864182.6%0.0090.0004-0.2600.0090.000
570.000.060.002.00-0.021412207.5%0.0160.0006-0.4730.0140.000
580.000.060.004.300.011164245.6%0.0320.0009-0.9910.0240.001
590.000.060.002.26-0.021442225.5%0.0170.0005-0.5340.0140.000

Puts

StrikeLastBidAskChgVolOIIVDeltaGammaThetaVegaRho
80.000.030.000.010.0243144425.0%-0.0000.0000-0.0010.0000.000
85.000.060.000.010.00124177412.5%-0.0000.0000-0.0020.000-0.000
90.000.010.000.010.003112387.5%-0.0000.0000-0.0010.0000.000
95.000.010.000.130.0010614465.6%-0.0000.0000-0.0260.000-0.000
100.000.010.000.180.002470462.5%-0.0000.0000-0.0370.000-0.000
105.000.010.000.040.003495390.6%-0.0000.0000-0.0070.000-0.000
110.000.020.000.010.001569337.5%-0.0000.0000-0.0010.000-0.000
115.000.030.000.200.003219420.3%-0.0010.0000-0.0430.001-0.000
120.000.120.000.200.0063,661405.5%-0.0010.0000-0.0420.001-0.000
125.000.030.000.080.0061,119357.8%-0.0000.0000-0.0150.000-0.000
130.000.020.000.270.0021,597390.2%-0.0010.0000-0.0590.001-0.000
135.000.010.000.01-0.25201,532281.3%-0.0000.0000-0.0010.000-0.000
140.000.010.000.07-0.0211,656318.8%-0.0000.0000-0.0130.000-0.000
145.000.010.000.250.0020600349.2%-0.0010.0000-0.0550.001-0.000
150.000.040.000.300.0021,768344.1%-0.0010.0000-0.0660.001-0.000
155.000.050.000.270.0081,458328.5%-0.0010.0000-0.0590.001-0.000
160.000.020.000.06-0.031642273.4%-0.0000.0000-0.0110.000-0.000
165.000.010.001.070.0012859364.8%-0.0040.0001-0.2510.004-0.000
170.000.010.000.880.005459343.0%-0.0040.0001-0.2050.004-0.000
175.000.010.000.810.0096354327.5%-0.0030.0001-0.1880.003-0.000
180.000.010.000.050.00611,071234.4%-0.0000.0000-0.0100.000-0.000
185.000.070.010.630.06149350296.1%-0.0030.0001-0.1480.003-0.000
190.000.710.002.260.0010225345.6%-0.0100.0002-0.5270.009-0.000
195.000.130.002.260.001118333.8%-0.0110.0002-0.5270.009-0.000
200.000.030.000.200.001562231.3%-0.0010.0000-0.0430.001-0.000
210.000.110.000.200.001042,311214.5%-0.0010.0000-0.0430.001-0.000
220.000.020.000.24-0.882872202.7%-0.0010.0001-0.0530.002-0.000
230.000.030.000.700.0091,464214.3%-0.0050.0002-0.1630.005-0.000
240.000.030.000.040.01111,988143.8%-0.0000.0000-0.0080.000-0.000
250.000.010.000.200.001061,000154.3%-0.0020.0001-0.0440.002-0.000
255.000.230.000.800.00626176.9%-0.0070.0003-0.1870.006-0.000
260.000.120.000.600.0013456161.9%-0.0050.0003-0.1390.005-0.000
265.000.290.000.200.00418134.0%-0.0020.0001-0.0450.002-0.000
270.000.030.000.250.002383130.9%-0.0020.0002-0.0570.003-0.000
275.000.180.000.200.11554120.9%-0.0020.0002-0.0450.002-0.000
280.000.030.000.030.0182,12093.8%-0.0000.0000-0.0050.000-0.000
285.000.230.000.50-0.371740122.3%-0.0060.0004-0.1170.006-0.000
290.000.010.010.050.00281,05689.1%-0.0010.0001-0.0120.001-0.000
295.000.030.000.300.0011465101.0%-0.0040.0004-0.0690.004-0.000
300.000.020.020.03-0.04441,45277.0%-0.0010.0001-0.0100.001-0.000
302.500.030.010.23-0.161334388.9%-0.0040.0004-0.0550.004-0.000
305.000.150.000.500.004622095.2%-0.0080.0007-0.1160.007-0.000
307.500.040.000.500.006313092.0%-0.0080.0007-0.1170.008-0.000
310.000.130.000.510.001654889.0%-0.0090.0008-0.1190.008-0.000
312.500.060.000.510.003121185.6%-0.0090.0008-0.1180.008-0.000
315.000.450.000.200.391015372.1%-0.0040.0005-0.0460.004-0.000
317.500.150.000.330.00239374.0%-0.0060.0007-0.0760.006-0.000
320.000.100.000.290.001167069.7%-0.0060.0007-0.0670.006-0.000
322.500.050.000.36-0.099021968.8%-0.0080.0009-0.0830.007-0.000
325.000.140.000.250.00365662.3%-0.0060.0008-0.0570.006-0.000
327.500.120.000.12-0.05926453.9%-0.0030.0005-0.0270.003-0.000
330.000.190.100.59-0.0217489066.5%-0.0170.0019-0.1580.014-0.001
332.500.270.000.81-0.03173865.0%-0.0210.0023-0.1830.017-0.001
335.000.420.150.670.105237161.8%-0.0220.0025-0.1850.018-0.001
337.500.280.011.15-0.10133662.7%-0.0320.0034-0.2550.025-0.001
340.000.350.010.70-0.1534183753.4%-0.0220.0029-0.1600.018-0.001
342.500.470.220.88-0.19139254.8%-0.0350.0042-0.2390.026-0.001
345.000.570.330.75-0.239716251.0%-0.0370.0047-0.2330.028-0.001
347.500.730.371.21-0.2222232452.0%-0.0550.0063-0.3250.038-0.002
350.000.800.801.28-0.3838660351.9%-0.0740.0079-0.4060.047-0.002
352.501.290.931.50-0.244769250.1%-0.0900.0095-0.4540.055-0.003
355.001.440.981.92-0.405931453.6%-0.1330.0118-0.6450.073-0.004
357.501.611.452.32-0.972922552.7%-0.1630.0138-0.7250.083-0.005
360.002.352.152.99-0.4513755053.4%-0.2040.0156-0.8470.096-0.006
362.503.152.373.75-0.333364454.0%-0.2490.0173-0.9570.108-0.008
365.003.912.974.50-0.544938553.7%-0.2950.0189-1.0330.117-0.009
367.504.353.855.40-0.50337653.6%-0.3450.0203-1.1010.125-0.011
370.005.405.205.70-0.4410844348.9%-0.3890.0231-1.0410.130-0.012
372.506.906.057.55-0.506214953.5%-0.4510.0218-1.1780.134-0.014
375.008.506.808.850.365116653.8%-0.5060.0219-1.1900.135-0.016
377.5012.958.0010.303.45138554.3%-0.5600.0214-1.1840.134-0.018
380.0011.749.3511.901.293724855.0%-0.6100.0206-1.1640.130-0.020
382.5015.8510.7513.803.251112157.0%-0.6530.0191-1.1600.125-0.021
385.0015.4712.2515.752.07910958.9%-0.6920.0176-1.1380.119-0.022
387.5016.1014.0517.700.0039960.2%-0.7290.0162-1.0940.112-0.024
390.0016.9015.9019.85-2.9533662.6%-0.7570.0147-1.0710.106-0.025
392.5015.9716.6524.000.000650.1%-0.8470.0139-0.6280.080-0.028
395.0016.5318.7026.150.0012116350.0%-0.8780.0119-0.5310.069-0.029
397.5024.1022.9528.400.0021261.5%-0.8540.0110-0.7580.078-0.028
400.0028.0023.2030.650.0015751.3%-0.9200.0085-0.3880.050-0.030
405.0028.0028.2534.350.0022184.6%-0.8390.0085-1.1270.083-0.029
410.0049.2532.4540.200.0023453.4%-0.9690.0039-0.1670.024-0.033
415.0057.2537.3545.100.002256.3%-0.9770.0028-0.1240.018-0.033
420.0041.7742.3050.050.0011659.9%-0.9820.0022-0.1010.015-0.034
425.0043.0047.3055.050.007764.8%-0.9840.0019-0.1000.014-0.034
430.0055.1551.1060.050.00272128.4%-0.8720.0048-1.4760.071-0.032
440.0095.4562.4570.050.0010081.8%-0.9840.0014-0.1340.014-0.036
450.0086.9072.3080.050.0020087.9%-0.9880.0010-0.0970.010-0.037
460.00100.5582.9590.050.0020108.5%-0.9800.0013-0.2470.017-0.037
470.00111.0592.30100.050.00150104.9%-0.9910.0007-0.0950.009-0.038
480.00117.05102.95110.050.0020126.2%-0.9830.0010-0.2460.014-0.039
490.00126.25112.30120.050.0020120.6%-0.9920.0005-0.0920.007-0.040
500.00160.10122.95130.050.0040142.7%-0.9850.0008-0.2450.013-0.041
510.00187.30132.30140.050.0020135.4%-0.9930.0004-0.0890.007-0.042
520.00170.10142.95150.050.0000158.3%-0.9870.0006-0.2430.012-0.042
530.00189.60152.95160.050.0000165.7%-0.9870.0006-0.2420.011-0.043
540.00206.95163.40170.050.0020181.4%-0.9840.0006-0.3460.014-0.044
560.00280.85230.00238.600.0010629.4%-0.6630.0017-12.9370.124-0.039
590.00244.00213.20220.050.0030212.0%-0.9880.0004-0.2930.010-0.048
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.