Software · band window Nov 13 – Nov 20
PALO ALTO NETWORKS
Equity · US · Software · Cybersecurity · Cloud
Inside the expected range. No statistical dislocation.
Price basis: 2026-11-13 US regular-session close · candle and GEX OI timestamps are shown separately on the chart.
This link opens the latest data for this symbol.
30-minute candles · US regular session (ET)
2024-09-06 – 2026-11-13 · measured on each week's last regular-session close
Of PANW's 115 settled weeks, 73 (63.5%) finished inside ±1σ on the week's last close. 25 (21.7%) finished at or above +1σ and 17 (14.8%) at or below −1σ. A normal distribution puts 68.3% inside and about 15.9% beyond each side. Given 115 weeks, the gap from theory is within what chance alone produces.
This week's band of ±13.9% is 2.81× the symbol's median width of ±5.0% and ranks #18 widest of 184 tracked symbols. The options market is pricing a larger move than usual; check whether an earnings release or similar event falls inside the week.
The week that finished furthest from its anchor closed 2025-08-01 at −4.06σ. The most recent finish outside was 2026-11-06 (−1.53σ), followed by 1 straight weeks inside.
Past shares do not predict next week. A week that broke the band intraday but closed back inside counts as inside. The universe-wide measurement and its method are in the weekly ±1σ coverage study.
Each date uses its own weekly band · settled bands are retained
Click or tap the chart to see prices.
Price ($)
Shading: historic ±1σ · dots: close at or beyond the band
Prices shown 2025-11-13–2026-11-13 · 252 sessions
Sigma bands: 252/252 sessions
| Close date | Sigma | +1W | +2W | +4W |
|---|---|---|---|---|
| +0.27σ | — | — | — | |
| −1.53σ | +2.63% | — | — | |
| −0.45σ | −14.22% | −11.96% | — | |
| +1.45σ | −3.86% | −17.53% | — | |
| −3.02σ | +11.27% | +6.98% | −5.82% | |
| +0.69σ | −18.33% | −9.13% | −25.06% | |
| +1.16σ | +3.85% | −15.19% | −9.27% | |
| +0.48σ | +7.61% | +11.75% | +1.55% | |
| +1.66σ | +3.07% | +10.91% | −5.94% | |
| −0.14σ | +9.96% | +13.33% | +26.65% | |
| −0.88σ | −0.78% | +9.10% | +21.00% | |
| +0.55σ | −10.32% | −11.02% | +0.85% |
Close-to-close price changes, excluding dividends and costs. — means future or unavailable. Predictive value is still under validation.
Dealer gamma stacked at each strike. The dashed lines are this week's ±1σ edges, so whether a thick strike and a band edge land on the same price is readable in one view.
Hedging leans against the move, so the strikes below tend to hold.
+1σ $367.03 · −1σ $277.17 — outside the published strike window ($292.50–$350.00), so not drawn on the ladder above.
All expirations, strikes within ±10% of spot. Open interest settles once a day, so these levels move on the same cadence as the σ band.
A daily snapshot, not a live quote. Prices are taken as the upstream feed supplies them.