PANW
Palo Alto Networks IncPrices and gamma are point-in-time snapshots taken at the time shown. Dealer positioning is an assumption, not an observable: open interest shows that a contract exists, never which side a dealer holds. How dealer gamma is computed.
LIVE MARKET SNAPSHOT
| Call Wall | 380 |
| Put Wall | 360 |
| GEX Flip | 352.5 |
| Vol Trigger | 360 |
| Net GEX | $44.0M |
Cached snapshot as of 2026-09-16 09:10 UTC, live streaming data in the terminal.
PANW DEALER GAMMA BY STRIKE
Part of the SquawkFlow GEX Calculator: gamma by strike for any US stock. Compare with SPX GEX.
Net gamma exposure at each strike near PANW's spot price, signed from the dealer perspective, calls positive, puts negative. Green strikes are where hedging tends to dampen moves; red is where it tends to amplify them. Dealer positioning is an assumption rather than an observable, so treat these as a map of where hedging pressure concentrates, not a forecast.
Unit: USD of dealer gamma per 1 percent move in spot. A window of the PANW option chain, not the whole book: the 30 strikes nearest spot out of 82 seen, 1,440 contract rows spanning 18 expirations. Gamma is taken as the chain publishes it per contract; nothing here is re-priced. Crossed with the open interest carried on that chain.
New to these levels? Start with the call wall and put wall, or the zero gamma level where the sign of dealer hedging flips.
| Strike | Net GEX | Call GEX | Put GEX | Concentration |
|---|---|---|---|---|
| 337.5 | -$21.1K | $0 | -$21.1K | |
| 340 | -$681.5K | $1.9M | -$2.6M | |
| 342.5 | -$148.6K | $4.2K | -$152.9K | |
| 345 | -$697.4K | $419.3K | -$1.1M | |
| 347.5 | -$79.0K | $5.6K | -$84.7K | |
| 350 | -$258.5K | $3.7M | -$4.0M | |
| 352.5GEX FLIP | $134.4K | $226.4K | -$92.0K | |
| 355 | $142.5K | $613.4K | -$471.0K | |
| 357.5 | $149.9K | $349.2K | -$199.3K | |
| 360PUT WALL | $2.2M | $6.5M | -$4.3M | |
| 362.5 | $884.4K | $1.0M | -$144.0K | |
| 365 | $1.3M | $2.1M | -$766.4K | |
| 367.5 | $1.2M | $1.5M | -$309.1K | |
| 370 | $7.1M | $10.2M | -$3.1M | |
| 372.5 | $113.1K | $864.0K | -$750.9K | |
| 375SPOT | $2.8M | $3.6M | -$708.5K | |
| 377.5 | $1.2M | $1.4M | -$135.4K | |
| 380CALL WALL | $8.8M | $12.3M | -$3.5M | |
| 382.5 | $304.6K | $383.1K | -$78.5K | |
| 385 | $3.4M | $3.8M | -$389.5K | |
| 387.5 | $234.3K | $236.5K | -$2.3K | |
| 390 | $2.8M | $4.0M | -$1.2M | |
| 392.5 | $482.9K | $515.8K | -$32.9K | |
| 395 | $1.2M | $1.2M | -$8.3K | |
| 397.5 | $242.7K | $242.7K | $0 | |
| 400 | $7.1M | $7.9M | -$752.6K | |
| 402.5 | $458.2K | $458.2K | $0 | |
| 405 | $444.1K | $445.2K | -$1.1K | |
| 407.5 | $5.6K | $5.6K | $0 | |
| 410 | $3.1M | $3.3M | -$219.7K |
These levels were captured September 16, 2026 from the open interest carried on the option chain. New levels post before each market open. Today's SPX gamma levels.
ABOUT PANW
Palo Alto Networks provides cybersecurity solutions including next-generation firewalls, cloud security (Prisma Cloud), and AI-driven security operations (Cortex XSIAM). The company is consolidating cybersecurity vendors through its platformization strategy.
WHY TRACK PANW ON SQUAWKFLOW
PANW is the largest pure-play cybersecurity company and drives sector sentiment. Options flow around breach events and cyber incidents spikes dramatically. Platformization metrics make earnings a high-vol event for the entire security sector.
PANW DATA ON SQUAWKFLOW
Options Flow
PANW options flow, unusual activity, and volume concentrations from the session chain
Latest Snapshot
Last PANW price, change, volume, and the current dealer-gamma regime
GEX Dashboard
PANW gamma exposure levels, call/put walls, and GEX flip
AI Narration
AI-powered analysis of PANW market microstructure in real time
News Sentiment
PANW news with AI sentiment scoring and impact analysis
Sector Context
Technology sector rotation and relative strength vs peers
Track PANW in the Terminal
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