Palo Alto Networks Inc. (PANW)
Palo Alto Networks Max Pain By Strike
PANW trades at $194.46, 5.1% above the near-term max pain of $185 expiring Sep 12, 2025 (6 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($165-$195), signaling increased put positioning or downside protection. Key magnetic zone at 180 where 7 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Palo Alto Networks Max Pain By Expiry
Max pain for PANW shows a downward trend from 195 to 165, indicating bearish sentiment or hedging activity. The 17% spread signals divergent expectations across timeframes. Most levels below 194.46 may cap rallies. Strong magnetic level at 180 (7 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 12, 2025 | 185 | -9.46 (-4.86%) |
| Sep 19, 2025 | 175 | -19.46 (-10.01%) |
| Sep 26, 2025 | 180 | -14.46 (-7.44%) |
| Oct 3, 2025 | 185 | -9.46 (-4.86%) |
| Oct 10, 2025 | 190 | -4.46 (-2.29%) |
| Oct 17, 2025 | 180 | -14.46 (-7.44%) |
| Oct 24, 2025 | 170 | -24.46 (-12.58%) |
| Nov 21, 2025 | 180 | -14.46 (-7.44%) |
| Dec 19, 2025 | 175 | -19.46 (-10.01%) |
| Jan 16, 2026 | 180 | -14.46 (-7.44%) |
| Feb 20, 2026 | 175 | -19.46 (-10.01%) |
| Mar 20, 2026 | 185 | -9.46 (-4.86%) |
| Apr 17, 2026 | 195 | 0.54 (0.28%) |
| May 15, 2026 | 180 | -14.46 (-7.44%) |
| Jun 18, 2026 | 180 | -14.46 (-7.44%) |
| Sep 18, 2026 | 175 | -19.46 (-10.01%) |
| Dec 18, 2026 | 180 | -14.46 (-7.44%) |
| Jan 15, 2027 | 190 | -4.46 (-2.29%) |
| Jun 17, 2027 | 165 | -29.46 (-15.15%) |
| Dec 17, 2027 | 165 | -29.46 (-15.15%) |