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PANW options: IV rank, expected move and trade screens

Palo Alto Networks Inc · Technology

In the app, stock prices are live and options data is refreshed intraday.

PANW last closed at $322.24 with 30-day implied volatility of 69.3%. That is near the top of its one-year range (IV rank 84), so option premiums on PANW are expensive compared with its own recent history. Measured by IV percentile, IV is higher than 96% of the past year's readings. Options expiring Dec 11 (28 days out) price a one standard deviation move of about $62.72, or 19.5%.

The price is above its 200-day moving average (+16.2%) but below its 50-day (-12.3%), a pullback inside a longer uptrend. It is 23.3% below its 52-week high and 127.5% above its 52-week low. The 14-day RSI of 38.6 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $19.36, about 6.0% of the price, a measure of a typical day's range.

Option volume at the close (26.8K contracts) was 0.9x its average, close to normal. A beta of 1.40 means PANW has tended to move about 1.4 times as much as the broad market. 2 of our preset screens found trades on PANW at the close, led by Long Call Butterflies for Pinning with 11 trades.

PANW stats at the close

Price
$322.24
Market cap $264B
Implied volatility
69.3%
30-day, at the money
IV rank
84
IV sits 84% of the way from its one-year low to its one-year high.
IV percentile
96
IV is higher than 96% of the past year's readings.
ATR (14-day)
$19.36
6.0% of the price on a typical day
RSI (14-day)
38.6
Between 30 and 70, neutral
52-week range
-23.3% from high
+127.5% from the 52-week low
Moving averages
-12.3% vs 50-day
+16.2% vs the 200-day
Beta
1.40
Sensitivity to the broad market
Option volume
0.9x avg
26.8K contracts vs 31.2K average

PANW expected move by expiration

Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.

ExpirationIVExpected move1 SD rangeStraddle
Nov 20, 20267 days100.7%±$44.94 (13.9%)$277.30 to $367.18$35.83
Dec 11, 202628 days70.3%±$62.72 (19.5%)$259.52 to $384.96$49.78
Jan 15, 202763 days61.3%±$82.12 (25.5%)$240.12 to $404.36$64.97
Feb 19, 202798 days58.6%±$97.83 (30.4%)$224.41 to $420.07$77.18

Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.

Trades that pass our screens as of the close

Counts and ranges for PANW from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.

PANW options FAQ

What is PANW's IV rank?
At the last close, PANW's IV rank was 84 with 30-day implied volatility of 69.3%. IV sits 84% of the way from its one-year low to its one-year high. Its IV percentile was 96: IV is higher than 96% of the past year's readings.
What is the expected move for PANW?
Based on the last close, options expiring Dec 11, 2026 priced a one standard deviation move of $62.72 (19.5%), a range of $259.52 to $384.96. Roughly two times in three, the stock would finish inside that range if the options are priced fairly.
Which option screens have trades on PANW?
At the last close, these OptionClaws preset screens had passing trades on PANW: Long Call Butterflies for Pinning (11), Iron Condor, 2-ATR Profit Zone (2). Open a screen in the app to see the individual trades, refreshed intraday.
Is PANW option volume above average?
At the last close, PANW option volume was 0.9x its average, close to normal.

Market data as of the prior close, for information and education only. Not investment advice. Options involve substantial risk and are not suitable for every investor. See our Terms of Service.