PANW · Option chain

PANW Option Chain

Every listed PANW strike within 25% of spot, across the next 6 expirations — calls and puts side by side with last price, volume and open interest, plus the closing bid and ask.

Open interest and pricing as of the close on 2026-09-03. Recomputed every morning before the open.

Spot

$331.94

Call open interest

42,016

Put open interest

51,930

Put/call (volume)

0.79

19,668 contracts changed hands across these expirations — 10,966 calls against 8,702 puts. Calls outtraded puts 1.26 to one.

Sep 11, 20266 days

call OI 6,211 · put OI 7,333

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
—	77.85 / 83.90	—	—	250	0.03	0.01 / 0.49	431	417
—	72.85 / 79.15	—	—	255	0.03	0.01 / 0.53	110	219
—	67.90 / 73.90	—	—	260	0.05	0.01 / 0.98	77	22
—	62.90 / 68.80	—	13	265	0.06	0.00 / 0.08	116	28
61.29	57.90 / 63.50	1	—	270	0.04	0.00 / 0.24	10	54
—	52.95 / 58.45	—	—	275	0.09	0.00 / 0.92	10	51
—	50.45 / 56.85	—	—	277.5	0.17	0.01 / 0.65	41	24
—	48.00 / 53.65	—	5	280	0.20	0.10 / 0.35	83	161
—	45.50 / 51.70	—	—	282.5	0.11	0.01 / 1.30	24	30
45.16	43.05 / 49.00	2	5	285	0.17	0.05 / 0.43	49	205
—	40.60 / 46.60	—	—	287.5	0.28	0.00 / 0.60	5	32
—	38.15 / 44.20	—	15	290	0.23	0.01 / 0.50	34	125
—	35.70 / 41.75	—	—	292.5	0.40	0.24 / 0.54	6	396
34.90	33.30 / 39.10	10	1	295	0.50	0.45 / 0.70	34	167
33.25	30.95 / 36.50	15	—	297.5	0.63	0.45 / 0.87	15	27
—	28.65 / 34.75	—	6	300	0.72	0.68 / 0.94	165	489
—	26.30 / 32.50	—	2	302.5	1.15	0.43 / 1.46	24	35
—	24.25 / 29.75	—	18	305	1.11	1.11 / 1.52	81	224
24.00	22.05 / 28.30	2	17	307.5	1.75	0.90 / 2.00	27	70
23.61	20.25 / 24.75	5	10	310	1.86	1.64 / 2.37	140	317
—	18.95 / 23.00	—	—	312.5	2.65	1.57 / 2.97	9	55
—	18.20 / 20.95	—	8	315	2.85	2.34 / 3.50	253	461
15.79	16.40 / 19.00	602	1	317.5	4.35	2.93 / 4.00	135	42
14.93	14.65 / 16.55	717	38	320	4.25	3.25 / 4.85	431	354
13.05	13.05 / 15.35	19	78	322.5	5.05	4.50 / 5.70	56	58
12.45	12.20 / 13.20	112	116	325	6.42	5.30 / 6.60	143	278
10.30	10.20 / 12.05	55	47	327.5	6.98	6.15 / 7.70	47	65
10.13	9.65 / 11.10	251	292	330	9.25	7.00 / 8.90	106	209
8.86	7.80 / 9.85	72	52	332.5	9.95	8.35 / 10.15	17	346
7.54	7.25 / 8.15	493	290	335	12.02	9.65 / 11.55	96	126
5.83	6.10 / 7.00	57	154	337.5	14.17	11.00 / 13.20	3	65
5.54	5.10 / 5.80	328	285	340	14.91	12.55 / 14.70	47	277
4.65	4.30 / 5.55	29	48	342.5	17.82	14.15 / 16.65	4	35
4.05	3.60 / 4.35	131	107	345	18.75	15.80 / 18.60	49	322
3.30	2.93 / 4.05	140	47	347.5	—	17.55 / 20.55	—	85
2.88	2.70 / 2.90	319	435	350	21.90	19.90 / 22.55	35	255
2.31	1.68 / 2.61	48	100	352.5	—	20.40 / 26.70	—	63
2.01	1.65 / 2.22	183	187	355	26.65	23.80 / 26.95	10	77
1.30	1.01 / 1.80	49	95	357.5	28.05	26.00 / 29.40	5	39
1.34	1.08 / 1.47	101	310	360	31.37	28.25 / 33.25	9	190
1.00	0.57 / 1.20	14	318	362.5	—	29.55 / 35.70	—	46
0.73	0.42 / 1.02	60	107	365	36.76	31.35 / 37.45	6	103
0.70	0.31 / 0.92	42	89	367.5	—	33.90 / 40.40	—	39
0.61	0.24 / 0.79	48	303	370	41.00	37.30 / 41.80	1	119
0.55	0.11 / 0.98	1	86	372.5	—	39.25 / 45.20	—	50
0.40	0.35 / 0.50	80	179	375	45.52	41.95 / 47.60	2	135
0.35	0.01 / 0.96	11	46	377.5	—	44.10 / 50.05	—	8
0.33	0.05 / 0.79	87	371	380	50.28	46.10 / 52.40	18	147
0.28	0.01 / 0.39	8	36	382.5	—	48.25 / 55.00	—	5
0.22	0.00 / 0.58	9	174	385	—	51.00 / 57.45	—	78
0.32	0.00 / 2.14	1	17	387.5	—	53.25 / 59.95	—	1
0.18	0.01 / 0.25	96	170	390	—	56.10 / 62.45	—	83
0.38	0.00 / 2.43	36	14	392.5	—	58.95 / 64.95	—	—
0.33	0.00 / 2.25	2	137	395	—	61.35 / 67.45	—	12
0.09	0.00 / 1.41	46	29	397.5	—	63.40 / 69.95	—	—
0.12	0.10 / 0.15	452	870	400	74.00	66.75 / 72.45	5	10
—	0.00 / 2.41	—	34	402.5	—	68.25 / 74.95	—	—
0.18	0.00 / 0.34	31	54	405	—	71.35 / 77.45	—	—
0.07	0.05 / 1.50	116	8	407.5	—	74.25 / 79.95	—	1
0.01	0.00 / 0.23	9	274	410	—	76.70 / 82.45	—	1
0.07	0.01 / 0.30	1	113	412.5	—	79.00 / 84.95	—	—
A dash means the contract did not trade — not a price of zero.

Sep 18, 202613 days

call OI 23,871 · put OI 23,767

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
81.90	78.15 / 84.45	2	1,566	250	0.17	0.03 / 0.27	2	1,117
70.00	68.20 / 74.55	14	552	260	0.19	0.06 / 0.82	2	383
59.85	58.35 / 64.70	17	588	270	0.27	0.25 / 0.45	47	1,528
50.65	48.65 / 54.30	15	628	280	0.60	0.50 / 1.01	28	1,749
41.55	39.25 / 45.90	626	1,347	290	1.13	1.09 / 1.32	656	2,328
33.00	31.95 / 36.60	33	675	300	2.30	2.00 / 2.35	102	2,940
28.23	25.85 / 31.35	2	4	305	3.05	2.74 / 3.45	87	348
25.12	24.40 / 27.50	15	552	310	4.34	3.45 / 4.30	94	1,124
22.00	20.80 / 23.75	6	70	315	5.79	4.60 / 6.05	63	298
18.80	19.10 / 22.05	2	2	317.5	6.40	5.40 / 7.05	46	131
18.87	18.40 / 20.50	35	1,064	320	7.35	6.55 / 7.95	86	2,047
16.00	16.05 / 18.35	37	15	322.5	8.29	6.75 / 8.90	16	103
14.07	14.60 / 17.10	64	104	325	9.18	8.40 / 9.95	271	1,171
13.00	13.25 / 15.20	20	65	327.5	10.65	9.25 / 11.05	27	88
13.10	13.00 / 13.80	329	1,507	330	11.65	10.25 / 12.25	165	932
12.04	11.35 / 13.00	69	18	332.5	13.05	11.30 / 13.55	27	43
10.70	10.60 / 11.50	159	100	335	14.30	12.85 / 14.95	51	159
9.02	9.05 / 10.80	20	64	337.5	15.75	13.65 / 16.50	8	31
8.60	8.30 / 9.00	117	851	340	17.75	15.20 / 18.00	14	1,799
6.63	7.60 / 8.90	42	73	342.5	—	16.85 / 19.65	—	125
6.85	6.75 / 7.60	128	105	345	21.09	19.15 / 21.10	10	121
5.15	5.20 / 6.65	2	13	347.5	23.00	19.95 / 22.70	2	32
5.59	5.10 / 6.35	252	1,282	350	24.30	21.80 / 24.30	66	1,148
4.50	3.90 / 5.30	6	118	352.5	27.48	23.70 / 27.15	4	34
4.39	3.85 / 5.20	41	72	355	29.95	25.70 / 29.15	6	28
3.45	2.95 / 4.65	34	119	357.5	—	27.35 / 31.20	—	87
3.20	3.20 / 3.90	122	2,090	360	32.81	28.55 / 33.35	34	986
2.71	2.08 / 3.75	9	54	362.5	—	30.95 / 36.05	—	10
2.28	2.02 / 2.88	34	376	365	37.65	33.75 / 39.70	2	23
2.30	1.45 / 2.64	66	35	367.5	—	35.15 / 40.50	—	19
1.84	1.40 / 2.15	98	2,725	370	41.05	38.70 / 41.80	8	654
1.72	0.99 / 2.55	15	84	372.5	—	40.75 / 45.20	—	139
1.48	1.41 / 1.78	30	364	375	46.24	42.60 / 48.50	1	99
1.23	1.10 / 1.31	98	3,506	380	52.78	48.35 / 49.50	80	537
0.88	0.82 / 1.00	34	478	385	54.75	52.05 / 57.90	3	97
0.65	0.62 / 1.15	32	749	390	61.65	56.55 / 62.75	1	463
0.63	0.38 / 1.20	60	170	395	—	61.30 / 67.60	—	9
0.47	0.40 / 0.65	152	1,030	400	—	66.35 / 72.55	—	60
0.36	0.03 / 0.50	93	656	410	—	76.45 / 82.45	—	777
A dash means the contract did not trade — not a price of zero.

Sep 25, 202620 days

call OI 1,469 · put OI 2,475

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
—	78.45 / 85.65	—	—	250	0.32	0.01 / 0.97	3	32
—	73.50 / 80.50	—	2	255	—	0.00 / 0.91	—	46
—	68.60 / 74.75	—	—	260	0.55	0.00 / 0.91	7	75
—	63.75 / 70.15	—	1	265	—	0.00 / 1.01	—	75
—	58.95 / 65.05	—	7	270	1.40	0.12 / 1.58	3	28
—	54.15 / 60.25	—	1	275	—	0.27 / 1.68	—	94
—	49.50 / 55.95	—	1	280	1.29	1.00 / 2.10	19	72
—	44.90 / 51.00	—	2	285	1.77	1.05 / 2.51	16	114
—	41.35 / 47.00	—	29	290	2.34	1.41 / 2.77	3	136
—	36.65 / 42.30	—	17	295	2.90	1.55 / 3.60	33	156
33.69	31.60 / 37.30	2	30	300	3.59	3.00 / 4.10	47	211
30.53	29.80 / 33.40	1	23	305	4.98	4.10 / 5.45	35	87
26.94	26.10 / 29.75	1	19	310	5.80	5.10 / 6.30	177	143
—	22.65 / 26.40	—	10	315	7.28	6.70 / 7.85	125	217
21.10	19.55 / 23.00	2	60	320	9.03	8.45 / 10.85	183	222
16.40	18.20 / 20.25	22	117	325	11.45	10.50 / 13.00	6	95
15.97	15.20 / 16.25	25	53	330	15.17	12.30 / 15.45	49	70
12.00	12.40 / 14.25	28	64	335	17.13	14.70 / 18.00	6	33
10.75	9.65 / 12.00	10	20	340	19.00	18.15 / 21.05	19	113
9.08	7.85 / 10.95	14	39	345	23.21	20.35 / 24.35	1	41
8.20	7.15 / 8.50	23	28	350	26.62	23.80 / 27.85	5	117
6.50	5.20 / 7.35	48	63	355	30.77	27.50 / 31.65	1	120
7.60	4.40 / 5.60	59	103	360	38.91	32.10 / 35.65	1	44
4.15	3.20 / 5.55	45	156	365	38.90	35.40 / 39.70	1	69
3.52	2.76 / 4.10	4	67	370	42.45	38.80 / 45.10	2	20
2.80	2.00 / 3.20	4	45	375	—	44.30 / 47.95	—	10
2.23	1.20 / 3.60	19	66	380	51.63	47.60 / 52.50	1	10
1.75	0.86 / 2.87	13	56	385	57.00	52.80 / 58.70	1	13
1.53	0.75 / 1.83	9	129	390	—	57.45 / 63.40	—	4
1.50	0.57 / 2.17	2	44	395	—	62.10 / 68.15	—	—
1.14	0.48 / 1.60	8	100	400	—	67.10 / 72.95	—	5
—	0.11 / 1.69	—	43	405	—	71.85 / 77.80	—	2
—	0.01 / 2.00	—	74	410	—	76.45 / 82.70	—	1
A dash means the contract did not trade — not a price of zero.

Oct 02, 202627 days

call OI 1,371 · put OI 2,698

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
—	78.80 / 85.90	—	—	250	0.47	0.08 / 0.61	261	38
—	73.95 / 80.15	—	4	255	—	0.00 / 1.62	—	2
—	69.15 / 75.20	—	2	260	—	0.00 / 1.20	—	37
—	64.40 / 71.45	—	1	265	—	0.01 / 2.07	—	23
—	59.65 / 65.95	—	1	270	1.29	0.85 / 1.62	14	55
—	55.00 / 60.90	—	2	275	1.69	0.95 / 2.33	12	80
53.00	50.45 / 56.65	1	2	280	2.08	1.43 / 2.75	20	49
—	46.00 / 52.25	—	11	285	2.64	1.52 / 2.93	15	83
—	41.35 / 48.00	—	128	290	3.40	2.53 / 3.50	10	1,001
—	37.45 / 43.95	—	1	295	4.19	2.80 / 4.40	6	146
—	35.05 / 38.85	—	15	300	5.20	4.70 / 5.40	48	203
32.44	31.25 / 35.15	1	48	305	6.80	4.95 / 6.35	7	140
—	27.70 / 31.60	—	29	310	6.85	7.05 / 8.15	110	194
25.90	24.40 / 28.65	5	12	315	9.45	8.75 / 10.45	15	103
21.50	21.40 / 25.30	3	69	320	11.75	9.30 / 13.20	7	88
21.16	19.45 / 22.55	12	36	325	14.65	12.30 / 15.40	47	58
18.20	17.50 / 19.70	58	116	330	16.70	13.80 / 17.55	6	71
15.29	13.65 / 17.65	8	29	335	19.25	17.25 / 20.55	5	37
12.10	11.55 / 14.50	11	23	340	21.49	19.00 / 23.45	3	39
11.10	9.65 / 13.45	4	14	345	—	22.10 / 26.60	—	33
9.05	8.15 / 11.00	9	62	350	28.81	25.50 / 30.00	1	82
7.34	6.85 / 9.90	6	71	355	—	29.05 / 33.70	—	22
7.12	5.45 / 8.75	10	46	360	37.25	33.55 / 37.50	14	38
5.00	4.25 / 7.60	2	82	365	—	37.00 / 41.50	—	21
4.95	4.60 / 5.70	27	32	370	—	40.95 / 45.60	—	24
4.00	2.62 / 5.70	4	33	375	—	44.50 / 51.05	—	6
3.45	2.45 / 4.00	17	36	380	—	49.45 / 54.50	—	9
3.02	1.71 / 3.80	109	202	385	—	53.00 / 59.85	—	5
2.38	1.19 / 3.80	54	77	390	—	58.40 / 63.85	—	3
2.04	0.90 / 2.60	41	54	395	—	62.00 / 68.75	—	1
1.85	1.50 / 2.30	7	81	400	—	67.05 / 73.45	—	—
1.86	0.48 / 1.75	1	35	405	74.20	71.20 / 78.20	2	—
1.31	0.92 / 1.55	5	17	410	81.60	76.80 / 83.00	2	7
A dash means the contract did not trade — not a price of zero.

Oct 09, 202634 days

call OI 576 · put OI 1,239

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
74.25	79.30 / 85.55	44	5	250	—	0.09 / 0.95	—	10
—	74.50 / 82.25	—	1	255	—	0.11 / 2.27	—	3
—	69.75 / 76.45	—	1	260	1.15	0.60 / 1.69	12	17
—	65.05 / 72.40	—	6	265	1.77	0.64 / 2.07	1	19
—	60.45 / 67.20	—	—	270	1.65	0.87 / 2.17	11	26
—	55.90 / 62.60	—	—	275	2.16	1.07 / 2.87	17	36
—	51.45 / 57.70	—	1	280	3.00	1.28 / 2.99	5	110
—	48.05 / 53.75	—	1	285	3.54	1.87 / 3.85	7	46
—	42.75 / 49.70	—	—	290	4.20	2.86 / 4.65	23	75
—	39.90 / 45.30	—	1	295	5.38	3.60 / 5.75	26	38
—	36.25 / 40.65	—	16	300	6.35	4.90 / 6.75	69	122
33.90	32.60 / 37.00	3	19	305	8.20	6.05 / 8.80	16	70
—	29.15 / 33.60	—	8	310	9.33	8.10 / 9.55	28	52
—	25.95 / 30.40	—	15	315	12.15	9.05 / 12.80	13	76
—	23.00 / 27.05	—	7	320	14.10	12.30 / 14.30	3	36
23.00	20.40 / 24.75	36	34	325	15.95	13.70 / 17.75	5	14
20.18	18.45 / 21.30	113	18	330	17.75	15.60 / 19.65	20	319
18.00	15.35 / 19.40	1	36	335	—	19.10 / 22.85	—	27
14.27	15.10 / 16.50	5	21	340	24.55	20.65 / 24.65	4	13
12.90	11.25 / 15.80	2	11	345	27.88	24.15 / 28.90	2	12
11.25	9.55 / 13.95	33	26	350	30.20	27.10 / 32.25	9	16
9.48	8.00 / 10.80	1	7	355	34.35	31.25 / 35.75	1	44
8.50	6.85 / 9.35	3	15	360	—	34.25 / 39.55	—	21
—	5.50 / 9.50	—	20	365	—	38.10 / 43.45	—	3
6.20	4.45 / 8.40	79	16	370	—	42.35 / 47.40	—	4
5.25	3.55 / 7.35	8	3	375	—	46.60 / 51.45	—	10
4.68	2.87 / 6.50	7	23	380	—	49.45 / 56.30	—	3
3.05	3.00 / 5.75	1	59	385	—	54.00 / 60.80	—	15
3.63	1.78 / 4.85	4	62	390	—	58.00 / 64.95	—	1
—	1.42 / 4.55	—	36	395	—	64.20 / 69.40	—	—
2.64	1.55 / 3.45	2	84	400	—	67.60 / 73.95	—	1
2.19	0.87 / 3.60	3	1	405	—	72.50 / 78.65	—	—
2.05	1.34 / 2.29	2	23	410	—	76.75 / 83.35	—	—
A dash means the contract did not trade — not a price of zero.

Oct 16, 202641 days

call OI 8,518 · put OI 14,418

Calls				Strike	Puts
Last	Bid / Ask	Vol	OI		Last	Bid / Ask	Vol	OI
74.35	79.75 / 86.10	174	233	250	0.90	0.68 / 1.10	28	593
72.80	70.35 / 76.60	20	85	260	1.50	1.20 / 1.81	31	715
64.00	61.25 / 67.75	17	258	270	2.42	2.20 / 2.71	57	1,376
54.55	52.45 / 57.85	26	536	280	3.75	3.45 / 4.10	105	1,397
47.50	44.30 / 49.65	24	551	290	5.25	5.00 / 6.10	156	793
39.69	38.40 / 42.05	10	377	300	7.96	7.30 / 8.15	251	3,367
31.65	31.55 / 35.30	6	206	310	11.43	10.20 / 12.20	187	764
27.16	26.75 / 28.45	73	303	320	14.50	14.05 / 16.15	368	2,023
22.00	22.25 / 23.15	494	427	330	19.92	18.65 / 20.90	441	484
17.52	17.65 / 19.05	396	386	340	25.35	23.90 / 26.10	220	465
13.95	13.60 / 15.00	313	824	350	32.20	29.95 / 32.95	237	643
10.77	10.05 / 11.00	156	744	360	38.75	35.80 / 40.05	4	646
8.00	8.00 / 8.50	111	890	370	46.56	43.55 / 47.95	7	199
5.98	5.60 / 6.65	59	532	380	54.23	52.05 / 56.20	11	564
4.50	4.05 / 4.90	20	618	390	—	59.30 / 66.05	—	72
3.51	3.10 / 3.90	151	1,129	400	—	68.15 / 73.65	—	271
2.59	1.72 / 2.95	14	419	410	—	77.60 / 82.95	—	46
A dash means the contract did not trade — not a price of zero.

How to read this chain

Calls sit on the left, puts on the right, and every row is one strike. The highlighted row is the strike closest to spot. Open interest is the number of contracts still outstanding at that strike — positions that exist right now. Volume is how many traded on the session shown. Open interest builds slowly and marks where positioning has accumulated; volume spikes and marks where attention went today.

Strikes with no open interest and no trades on either side are omitted, and the ladder is trimmed to within 25% of spot — the far wings are almost entirely empty and say nothing about positioning.

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Educational, not investment advice. Options involve risk. Open interest is reported with a one-session lag by OCC, so these levels describe positioning as of the last settled session, not live intraday flow.