Palo Alto Networks Inc. (PANW)
Palo Alto Networks Max Pain By Strike
PANW trades at $201.31, 11.8% above the near-term max pain of $180 expiring Sep 19, 2025 (3 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($165-$200), 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 200 to 165, indicating bearish sentiment or hedging activity. The 19% spread signals divergent expectations across timeframes. Most levels below 201.31 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 19, 2025 | 180 | -21.31 (-10.59%) |
| Sep 26, 2025 | 185 | -16.31 (-8.10%) |
| Oct 3, 2025 | 190 | -11.31 (-5.62%) |
| Oct 10, 2025 | 195 | -6.31 (-3.13%) |
| Oct 17, 2025 | 180 | -21.31 (-10.59%) |
| Oct 24, 2025 | 195 | -6.31 (-3.13%) |
| Oct 31, 2025 | 195 | -6.31 (-3.13%) |
| Nov 21, 2025 | 180 | -21.31 (-10.59%) |
| Dec 19, 2025 | 175 | -26.31 (-13.07%) |
| Jan 16, 2026 | 180 | -21.31 (-10.59%) |
| Feb 20, 2026 | 175 | -26.31 (-13.07%) |
| Mar 20, 2026 | 190 | -11.31 (-5.62%) |
| Apr 17, 2026 | 200 | -1.31 (-0.65%) |
| May 15, 2026 | 180 | -21.31 (-10.59%) |
| Jun 18, 2026 | 180 | -21.31 (-10.59%) |
| Sep 18, 2026 | 175 | -26.31 (-13.07%) |
| Dec 18, 2026 | 180 | -21.31 (-10.59%) |
| Jan 15, 2027 | 195 | -6.31 (-3.13%) |
| Jun 17, 2027 | 165 | -36.31 (-18.04%) |
| Dec 17, 2027 | 165 | -36.31 (-18.04%) |