PANW (PANW) options memo

The Read

The Read is generated on demand from the live tape.

Key numbers

• Spot: $328.48
• Lean: neutral
• Nearest expiry: Fri 9/4
• Implied move: 2.9%
• ATM implied volatility: 56.3%
• Max pain: $350.00
• Pin strike: $350.00
• Dealer positioning: LONG GAMMA
• Call wall: $390.00
• Put wall: $320.00
• Put/call open interest: 0.986