PANW expected move for earnings

PANW reports Wed, Nov 18, 2026, after the close; options price ±14.4% (±$48.26) over 8 sessions to Nov 20, one standard deviation, not a forecast; most of that window is ordinary sessions, so it overstates the report itself.

PANW PRICED EARNINGS MOVECaptured 2026-11-11 15:59 ET
14.41%Priced move through the Nov 20 expiry, 8 sessions including the report (one standard deviation)
$48.26The same move in dollars, on a $334.90 forward
$38.48ATM straddle, 335 strike, 2026-11-20 expiry (11.5%)

Most of this window is ordinary sessions, so it overstates the report itself. A risk-neutral price of movement read off option prices: what the options market charges for a one standard deviation move, not a forecast of how far the stock will move. Option prices carry a variance risk premium, so this figure reads larger than realized moves on average.

Palo Alto Networks Inc reports on Wed, Nov 18, 2026, after the close, and per SquawkFlow, the delayed option chain as of 2026-11-11 15:59 ET prices ±14.4% (±$48.26) over 8 sessions to Nov 20, one standard deviation (a risk-neutral price of movement, not a forecast, over a window of mostly ordinary sessions that overstates the report itself). The latest chain reading before the report, with the at-the-money straddle behind it, is in the card above. The first session that trades on the report is Thu, Nov 19, 2026.

PANW around this report

Palo Alto Networks Inc (PANW) is listed here under Software Infrastructure, in the Technology sector. For 2026-11-20, the expiration the priced move is read to, PANW open interest as of the 2026-11-10 close is 41,628 calls and 29,965 puts, a put to call ratio of 0.72. Max pain for that expiration is $345.00, above the $333.46 spot recorded with the chain by 3.5%.

One other company with an earnings page here reports in the week of Nov 16 to Nov 20: DIS (Nov 17).

Outside that week but within three weeks of this report, Technology names with a confirmed date here include GOOGL (Oct 28), MSFT (Oct 28), NOW (Oct 28), AMZN (Oct 29), INTC (Oct 29), RBLX (Oct 29), TWLO (Oct 29) and AAPL (Nov 2).

How this figure is read

No two expirations settle at consecutive closes around the report session, so this is read off the first expiration after it (2026-11-20). It includes 7 ordinary sessions besides the report session, so it reads larger than the report alone.

Source: the delayed option chain. The at-the-money straddle price is the figure many sites call the expected move. It is about 0.8 of one standard deviation.

Cross-check from the at-the-money straddle: 14.40%.

A risk-neutral price of movement read off option prices: what the options market charges for a one standard deviation move, not a forecast of how far the stock will move. Option prices carry a variance risk premium, so this figure reads larger than realized moves on average. Nothing here is advice.

Report date and time: the company's press release, checked Thu, Nov 12, 2026. A report is listed only once the company itself has announced the date and whether it reports before the open or after the close, in its investor relations release or an SEC filing. A company that has announced only the day of an earnings call held after the close is listed too, marked release time not stated: its page prices the move from that day's close to the next session's close and says so. Each date links to that announcement. Projected dates are left out.

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