PANW Unusual Option Activity
Palo Alto Networks Inc (PANW) option volume on Nov 4, 2026 was 3.1% of open interest, below the 20-day average of 6.1%. Calls made up 53.2% of the volume. Relative to open interest, that was PANW's least active day in 12 weeks.
PANW Unusual Options FAQ
What makes option activity unusual?
Option activity is usually called unusual when a contract trades much more volume than its open interest, which can mean traders are opening new positions.
Is PANW seeing unusual options activity?
On Nov 4, 2026, Palo Alto Networks options traded 18.9K contracts against 607.72K open, a volume to open interest ratio of 0.03, below its 20-day average. The table above lists the contracts with the highest ratios.
Are PANW traders trading more calls or puts?
Calls made up 53.2% of Palo Alto Networks option volume on Nov 4, 2026, a put/call ratio of 0.88, so calls outnumber puts. The PANW option volume chart shows calls and puts by strike.
What is Palo Alto Networks Inc?
Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations.