MCP Launch Celebration! $14.99/mo
--d
:
--h
:
--m
:
--s
Get Started

PANW options: IV rank, expected move and trade screens

Palo Alto Networks Inc · Technology

As of the close on . In the app, data is refreshed intraday.

PANW closed at $392.09 on Sep 28, 2026 with 30-day implied volatility of 52.5%. That is in the upper half of its one-year range (IV rank 52), so premiums are somewhat richer than usual for PANW. Measured by IV percentile, IV is higher than 71% of the past year's readings. Options expiring Oct 30 (32 days out) price a one standard deviation move of about $60.67, or 15.5%.

The price is above both its 50-day (+9.8%) and 200-day (+59.2%) moving averages. It is trading within 1.0% of its 52-week high. The 14-day RSI of 59.8 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $18.45, about 4.7% of the price, a measure of a typical day's range.

Option volume at the close (40.7K contracts) was 0.8x its average, close to normal. A beta of 1.19 means PANW has tended to move about 1.2 times as much as the broad market. 1 of our preset screen found trades on PANW at the close, led by Cash-Secured Put Entries on Mega Caps with 2 trades.

PANW stats at the close

Price
$392.09
Market cap $321B
Implied volatility
52.5%
30-day, at the money
IV rank
52
IV sits 52% of the way from its one-year low to its one-year high.
IV percentile
71
IV is higher than 71% of the past year's readings.
ATR (14-day)
$18.45
4.7% of the price on a typical day
RSI (14-day)
59.8
Between 30 and 70, neutral
52-week range
-1.0% from high
+176.8% from the 52-week low
Moving averages
+9.8% vs 50-day
+59.2% vs the 200-day
Beta
1.19
Sensitivity to the broad market
Option volume
0.8x avg
40.7K contracts vs 49.6K 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
Oct 2, 20264 days62.7%±$25.72 (6.6%)$366.37 to $417.81$20.53
Oct 30, 202632 days52.3%±$60.67 (15.5%)$331.42 to $452.76$48.23
Nov 20, 202653 days56.8%±$84.86 (21.6%)$307.23 to $476.95$67.28
Dec 18, 202681 days57.3%±$105.89 (27.0%)$286.20 to $497.98$83.73

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 close on Sep 28, 2026, PANW's IV rank was 52 with 30-day implied volatility of 52.5%. IV sits 52% of the way from its one-year low to its one-year high. Its IV percentile was 71: IV is higher than 71% of the past year's readings.
What is the expected move for PANW?
Based on the close on Sep 28, 2026, options expiring Oct 30, 2026 priced a one standard deviation move of $60.67 (15.5%), a range of $331.42 to $452.76. 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 close on Sep 28, 2026, these OptionClaws preset screens had passing trades on PANW: Cash-Secured Put Entries on Mega Caps (2). Open a screen in the app to see the individual trades, refreshed intraday.
Is PANW option volume above average?
On Sep 28, 2026, PANW option volume was 0.8x 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.