PANW · Cash-Secured-Puts

Palo Alto Networks, Inc. (PANW) cash-secured puts

A modelled cash-secured put from the published implied volatility, with breakeven and buffer.

$380.57
Modelled strike
$325.00
Modelled premium
$3.92
Cash required
$32,500.00
Breakeven
$321.08
Downside buffer
15.6%
Period return
1.2%
Annualized return
24.5%
Days to expiration
20
Strategy payoffModelled cash-secured put payoff. Spot $380.57. Expiry maximum profit $392.00 · Expiry maximum loss -$32,108.00 · Expiry breakevens $321.08. Total position fees $0.00 deducted once. Intrinsic at the common expiration; IV/time never alters expiry P/L. No early exercise, assignment, slippage, dividends or taxes modeled.

Update time unavailable

Loading graph — the exact table is available below.

$190.285: Expiration P/L: -$13,079.50 Update time unavailable
Event / reference markers
  • Spot: $380.57
  • Expiry breakeven $321.08: $321.08
  • sell put strike $325.00: $325.00
Exact data table

Strategy payoff · full stored dataset, independent of graph range/toggles

ObservationExpiration P/L (USD)ContextUpdated
-$13,079.50Update time unavailable
-$12,698.93Update time unavailable
-$12,318.36Update time unavailable
-$11,937.79Update time unavailable
-$11,557.22Update time unavailable
-$11,176.65Update time unavailable
-$10,796.08Update time unavailable
-$10,415.51Update time unavailable
-$10,034.94Update time unavailable
-$9,654.37Update time unavailable
-$9,273.80Update time unavailable
-$8,893.23Update time unavailable
-$8,512.66Update time unavailable
-$8,132.09Update time unavailable
-$7,751.52Update time unavailable
-$7,370.95Update time unavailable
-$6,990.38Update time unavailable
-$6,609.81Update time unavailable
-$6,229.24Update time unavailable
-$5,848.67Update time unavailable
-$5,468.10Update time unavailable
-$5,087.53Update time unavailable
-$4,706.96Update time unavailable
-$4,326.39Update time unavailable
-$3,945.82Update time unavailable
-$3,565.25Update time unavailable
-$3,184.68Update time unavailable
-$2,804.11Update time unavailable
-$2,423.54Update time unavailable
-$2,042.97Update time unavailable
-$1,662.40Update time unavailable
-$1,281.83Update time unavailable
-$901.26Update time unavailable
-$520.69Update time unavailable
-$140.12Update time unavailable
-$0.00Update time unavailable
$240.45Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Spot referenceUpdate time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable
$392.00Update time unavailable

Black-Scholes from the published at-the-money implied volatility (one expected move out of the money). If assigned you buy 100 shares at the strike, an effective $321.08 per share after premium; the shares can keep falling.

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Data provenance

Figures are from published, reviewed research as of Oct 29, 2026, 4:00 PM EDT. Modelled option premiums use Black-Scholes with the published at-the-money implied volatility and are labelled as modelled, not as live quotes.