thetaOwl

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
30
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
Consensus-ledMay 19, 2026 close4/4 personas live

AI Consensus

Limited report coverage (4/4 personas) is live. Use available persona cards while consensus is still pending.
Bias
Mixed
Neutral to slightly bullish
Best Fit
Defined risk

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Key Levels
218 / 240 / 250
Magnet / spot / breakout
Main Risk
Event sensitivity

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One-line synthesis

Limited coverage: 4/4 persona reports available

Highest-conviction setup

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Main disagreement

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Persona support grid

Directional

Trend, levels, invalidation

6.0/10
Contribution

Primary thesis: A multi-week bearish drift toward $150, conflicted by near-term pinning at $160

Full Report

Levels, trigger, and invalidation map

Open report

Top setup: Bear Put Spread (Multi-Week Drift): Buy $155 Put / Sell $150 Put, exp 4/17

Earnings

Event premium and IV crush

6.0/10
Contribution

Historical pattern shows consistent EPS beats but stock tends to under-move vs

Full Report

Event pathing and volatility setup

Open report

Top setup: Short Straddle (Post-Earnings IV Crush): Sell $160 straddle exp 5/01 (or first weekly post-earnings)

How to Use These Reports
This hub collects the active report lenses so you can compare how each persona reads the same market-close snapshot.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.