PANW Options Chain by Expiration – Open Interest & Put/Call Ratio

Explore the PANW options chain aggregated by expiration date, with call and put open interest, total OI and put/call ratios. Use this overview to spot where options positioning is most concentrated and which expirations carry bullish, bearish or neutral sentiment for PANW.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from PANW Options by Expiration Date

The table below aggregates PANW options data by expiration date, including call volume, put volume, total open interest and the put/call ratio. Each row is assigned a sentiment label and numerical sentiment score, highlighting expirations where positioning is extremely bullish, defensive or balanced. Click on an expiration date to drill down into the detailed options chain for that maturity.

Expiration Date	Call OI	Put OI	Total Open Interest	Put/Call Ratio
2026-10-02	14489	13616	28105	0.940
2026-10-09	8613	6333	14946	0.735
2026-10-16	39437	33292	72729	0.844
2026-10-23	3542	3454	6996	0.975
2026-10-30	4123	3078	7201	0.747
2026-11-06	627	615	1242	0.981
2026-11-20	23765	16557	40322	0.697
2026-12-18	44928	40492	85420	0.901
2027-01-15	55763	68644	124407	1.231
2027-03-19	18787	17892	36679	0.952
2027-06-17	19727	20193	39920	1.024
2027-09-17	4553	3390	7943	0.745
2027-12-17	20746	14919	35665	0.719
2028-01-21	23848	18521	42369	0.777
2028-06-16	6256	5590	11846	0.894
2028-12-15	14690	9483	24173	0.646
2029-01-19	1063	1854	2917	1.744
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for PANW based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Compares put and call activity. A higher PCR usually indicates more defensive or bearish positioning, while a lower PCR suggests bullish call demand. Open Interest (OI): Represents the number of outstanding option contracts. Higher open interest reflects strong market attention, hedging activity or speculative positioning around PANW. Unusual activity ⚠️: Expirations with extreme PCR or unusually high OI are flagged with a warning icon, signaling concentrated bets, hedging pressure or potential event-driven risk. The sentiment score combines PCR and OI into a 0–100 scale, then classifies each expiration into intuitive labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Higher scores reflect more aggressive bullish positioning in PANW options, while lower scores highlight more defensive or bearish structures.