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Today's OI Read — PANW

Where the walls are, where price sits, and what the dealer positioning implies for Palo Alto Networks

In Between Walls?
NO
$190
DOM
$205
2ND
$215.60

Outside the dominant wall range — directional momentum more likely than mean reversion.

Magnet Strength
2.17× Very High (>2×)
Current OI 63,845
30d Avg OI 29,380

Elevated OI — dealers carry larger hedges, making price walls structurally stronger.

Put/Call Ratio
0.23
CALL HEAVY

Below 0.8 — call OI dominates. Bullish positioning; dealers are short calls and will sell delta into rallies.

Dominant Wall
$190
▼ Below spot

The highest OI concentration strike — the structural anchor dealers are most committed to hedging.

Distance to #1 Wall
$+25.60
+11.87%

Price is above the dominant wall — acts as support.

Wall Skew
+0.944
CALL HEAVY

Call-heavy at the dominant wall — call sellers cap rallies toward it. Acts as resistance.

Today's Top Setup — PANW

SQUEEZE, PIN, and CAGE scored 0–100 from OI structure. Highest score = today's highest-conviction setup.

PIN — 53.7% hit rate (n=1,719). CAGE — 45.4% (n=1,161). SQUEEZE — 49.5% (n=5,555). Half hit, half don't — the edge is asymmetric payoff.

Strength scores are locked

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See exactly which setup is most likely — and by how much

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🚀 SQUEEZE
candidate
Strength ██%
5d horizon
Target · Stock pops ≥+5% within 10 trading days — the kind of move where the winners run far enough to outweigh the misses.
📌 PIN
AUC 0.83 measured
Strength ██%
1d horizon
Target · Price closes within 0.5% of $190 (dom strike) by +1d.
↔ CAGE
AUC 0.55 measured
Strength ██%
5d horizon
Target · Price stays between $190 – $205 through +5d.

Top OI Walls

Largest open interest concentrations · sorted by strike price · * OI projected from prior day

2026-05-12
Rank Strike Call OI Put OI Total OI P/C % of Max
▶ $215.60
#2 $205 Support 11,235 149 11,384 0.01
84%
#4 $195 Support 3,985 2,894 6,879 0.73
51%
#1 $190 Support 13,237 384 13,621 0.03
100%
#5 $185 Support 4,004 796 4,800 0.20
35%
#3 $175 Support 4,671 3,344 8,015 0.72
59%

SQUEEZE / PIN / CAGE Setup Backtest — PANW

Last 50 sessions — which setup fired, what the score was, and whether it hit. See the actual win/loss record.

0 days ·
Min Strength 60
Magnet:
2026-05-05
📌 PIN
Strength 15%
Magnet
Floor $175
Ceiling $190
Range 8.2%
✗ Miss
Win Criteria
Close within 0.5% of $190 by end of day
What Happened
$183.68
-0.16%
Closed 3.4% from wall (need ≤0.5%) — moved -0.2%
2026-05-04
📌 PIN
Strength 5%
Magnet
Floor $165
Ceiling $190
Range 13.5%
✗ Miss
Win Criteria
Close within 0.5% of $190 by end of day
What Happened
$183.98
-0.31%
Closed 3.3% from wall (need ≤0.5%) — moved -0.3%
2026-05-01
📌 PIN
Strength 15%
Magnet
Floor $165
Ceiling $205
Range 22.1%
✗ Miss
Win Criteria
Close within 0.5% of $165 by end of day
What Happened
$184.56
+1.92%
Closed 10.8% from wall (need ≤0.5%) — moved +1.9%
2026-04-30
📌 PIN
Strength 5%
Magnet
Floor $168
Ceiling $185
Range 9.8%
✗ Miss
Win Criteria
Close within 0.5% of $185 by end of day
What Happened
$181.08
+0.98%
Closed 2.2% from wall (need ≤0.5%) — moved +1.0%
2026-04-29
📌 PIN
Strength 35%
Magnet
Floor $168
Ceiling $185
Range 9.6%
✗ Miss
Win Criteria
Close within 0.5% of $185 by end of day
What Happened
$179.32
-1.22%
Closed 3.1% from wall (need ≤0.5%) — moved -1.2%
2026-04-28
📌 PIN
Strength 5%
Magnet
Floor $170
Ceiling $185
Range 8.3%
✗ Miss
Win Criteria
Close within 0.5% of $185 by end of day
What Happened
$181.54
+0.30%
Closed 1.9% from wall (need ≤0.5%) — moved +0.3%
2026-04-27
↔ CAGE
Strength 20%
Magnet
Floor $160
Ceiling $170
Range 5.5%
✓ Hit
Win Criteria
Stay inside $160–$170 for 5 days
What Happened
$184.56
+0.91%
2026-04-24
↔ CAGE
Strength 55%
Magnet
Floor $155
Ceiling $160
Range 2.8%
✗ Miss
Win Criteria
Stay inside $155–$160 for 5 days
What Happened
$181.08
+1.42%
Broke up — max move 2.4% (need ≤2%)
2026-04-23
↔ CAGE
Strength 55%
Magnet
Floor $170
Ceiling $175
Range 2.9%
✗ Miss
Win Criteria
Stay inside $170–$175 for 5 days
What Happened
$179.32
+3.53%
Broke up — max move 5.6% (need ≤2%)
2026-04-22
📌 PIN
Strength 55%
Magnet
Floor $170
Ceiling $180
Range 5.5%
✗ Miss
Win Criteria
Close within 0.5% of $180 by end of day
What Happened
$173.21
-4.41%
Closed 3.7% from wall (need ≤0.5%) — moved -4.4%
2026-04-21
📌 PIN
Strength 75%
Magnet
Floor $170
Ceiling $175
Range 2.9%
✗ Miss
Win Criteria
Close within 0.5% of $175 by end of day
What Happened
$181.20
+3.57%
Closed 3.5% from wall (need ≤0.5%) — moved +3.6%
2026-04-20
📌 PIN
Strength 75%
Magnet
Floor $170
Ceiling $175
Range 2.9%
✗ Miss
Win Criteria
Close within 0.5% of $170 by end of day
What Happened
$174.96
+3.18%
Closed 2.9% from wall (need ≤0.5%) — moved +3.2%
2026-04-17
↔ CAGE
Strength 55%
Magnet
Floor $170
Ceiling $175
Range 3.0%
✗ Miss
Win Criteria
Stay inside $170–$175 for 5 days
What Happened
$178.54
+6.37%
Broke up — max move 8.0% (need ≤2%)
2026-04-16
↔ CAGE
Strength 55%
Magnet
Floor $165
Ceiling $170
Range 3.0%
✗ Miss
Win Criteria
Stay inside $165–$170 for 5 days
What Happened
$173.21
+3.74%
Broke up — max move 4.8% (need ≤2%)
2026-04-15
📌 PIN
Strength 60%
Magnet
Floor $150
Ceiling $165
Range 9.1%
✗ Miss
Win Criteria
Close within 0.5% of $165 by end of day
What Happened
$166.97
+1.74%
Closed 1.2% from wall (need ≤0.5%) — moved +1.7%
2026-04-14
📌 PIN
Strength 10%
Magnet
Floor $165
Ceiling $180
Range 9.3%
✗ Miss
Win Criteria
Close within 0.5% of $165 by end of day
What Happened
$164.11
+1.56%
Closed 0.6% from wall (need ≤0.5%) — moved +1.6%
2026-04-13
📌 PIN
Strength 40%
Magnet
Floor $150
Ceiling $165
Range 9.2%
✗ Miss
Win Criteria
Close within 0.5% of $165 by end of day
What Happened
$161.59
-0.57%
Closed 2.1% from wall (need ≤0.5%) — moved -0.6%
2026-04-10
📌 PIN
Strength 20%
Magnet
Floor $165
Ceiling $180
Range 9.6%
✗ Miss
Win Criteria
Close within 0.5% of $180 by end of day
What Happened
$162.51
+4.35%
Closed 11.2% from wall (need ≤0.5%) — moved +4.4%
2026-04-09
📌 PIN
Strength 75%
Magnet
Floor $168
Ceiling $170
Range 1.5%
✗ Miss
Win Criteria
Close within 0.5% of $168 by end of day
What Happened
$155.73
-6.74%
Closed 7.0% from wall (need ≤0.5%) — moved -6.7%
2026-04-08
↔ CAGE
Strength 55%
Magnet
Floor $168
Ceiling $170
Range 1.4%
✗ Miss
Win Criteria
Stay inside $168–$170 for 5 days
What Happened
$164.11
-5.56%
Broke down — max move 10.4% (need ≤2%)
2026-04-07
📌 PIN
Strength 75%
Magnet
Floor $158
Ceiling $170
Range 7.4%
✗ Miss
Win Criteria
Close within 0.5% of $170 by end of day
What Happened
$173.78
+2.30%
Closed 2.2% from wall (need ≤0.5%) — moved +2.3%
2026-04-06
↔ CAGE
Strength 55%
Magnet
Floor $150
Ceiling $158
Range 4.6%
✗ Miss
Win Criteria
Stay inside $150–$158 for 5 days
What Happened
$162.51
+0.35%
Broke up — max move 7.3% (need ≤2%)
2026-04-02
↔ CAGE
Strength 55%
Magnet
Floor $160
Ceiling $165
Range 3.1%
✗ Miss
Win Criteria
Stay inside $160–$165 for 5 days
What Happened
$155.73
-4.58%
Broke down — max move 6.5% (need ≤2%)
2026-04-01
📌 PIN
Strength 75%
Magnet
Floor $160
Ceiling $165
Range 3.1%
✗ Miss
Win Criteria
Close within 0.5% of $160 by end of day
What Happened
$163.21
+1.58%
Closed 2.0% from wall (need ≤0.5%) — moved +1.6%
2026-03-31
📌 PIN
Strength 75%
Magnet
Floor $160
Ceiling $175
Range 9.4%
✓ Hit
Win Criteria
Close within 0.5% of $160 by end of day
What Happened
$160.67
+0.22%
2026-03-30
↔ CAGE
Strength 35%
Magnet
Floor $152
Ceiling $160
Range 4.9%
✗ Miss
Win Criteria
Stay inside $152–$160 for 5 days
What Happened
$169.87
+10.06%
Broke up — max move 5.7% (need ≤2%)
2026-03-27
↔ CAGE
Strength 20%
Magnet
Floor $152
Ceiling $160
Range 5.1%
✗ Miss
Win Criteria
Stay inside $152–$160 for 5 days
What Happened
$161.95
+10.16%
Broke up — max move 9.3% (need ≤2%)
2026-03-26
↔ CAGE
Strength 40%
Magnet
Floor $160
Ceiling $170
Range 6.4%
✗ Miss
Win Criteria
Stay inside $160–$170 for 5 days
What Happened
$163.21
+4.38%
Broke down — max move 6.0% (need ≤2%)
2026-03-25
↔ CAGE
Strength 40%
Magnet
Floor $160
Ceiling $170
Range 6.5%
✗ Miss
Win Criteria
Stay inside $160–$170 for 5 days
What Happened
$160.67
+4.86%
Broke up — max move 4.0% (need ≤2%)
2026-03-24
📌 PIN
Strength 50%
Magnet
Floor $160
Ceiling $170
Range 6.4%
✗ Miss
Win Criteria
Close within 0.5% of $160 by end of day
What Happened
$153.22
-2.54%
Closed 4.3% from wall (need ≤0.5%) — moved -2.5%
2026-03-23
↔ CAGE
Strength 20%
Magnet
Floor $160
Ceiling $170
Range 6.1%
✗ Miss
Win Criteria
Stay inside $160–$170 for 5 days
What Happened
$154.35
-5.91%
Broke down — max move 6.6% (need ≤2%)
2026-03-20
↔ CAGE
Strength 40%
Magnet
Floor $155
Ceiling $165
Range 6.1%
✗ Miss
Win Criteria
Stay inside $155–$165 for 5 days
What Happened
$147.02
-9.78%
Broke up — max move 6.0% (need ≤2%)
2026-03-19
📌 PIN
Strength 20%
Magnet
Floor $140
Ceiling $175
Range 20.6%
✗ Miss
Win Criteria
Close within 0.5% of $140 by end of day
What Happened
$162.95
-4.00%
Closed 13.5% from wall (need ≤0.5%) — moved -4.0%
2026-03-18
↔ CAGE
Strength 40%
Magnet
Floor $140
Ceiling $150
Range 5.9%
✗ Miss
Win Criteria
Stay inside $140–$150 for 5 days
What Happened
$153.22
-9.29%
Broke up — max move 3.5% (need ≤2%)
2026-03-17
📌 PIN
Strength 20%
Magnet
Floor $140
Ceiling $175
Range 20.7%
✗ Miss
Win Criteria
Close within 0.5% of $140 by end of day
What Happened
$168.91
-0.17%
Closed 17.1% from wall (need ≤0.5%) — moved -0.2%
2026-03-16
↔ CAGE
Strength 40%
Magnet
Floor $140
Ceiling $150
Range 6.0%
✓ Hit
Win Criteria
Stay inside $140–$150 for 5 days
What Happened
$164.05
-2.03%
2026-03-13
↔ CAGE
Strength 40%
Magnet
Floor $140
Ceiling $150
Range 6.0%
✓ Hit
Win Criteria
Stay inside $140–$150 for 5 days
What Happened
$162.95
-2.43%
2026-03-12
↔ CAGE
Strength 20%
Magnet
Floor $150
Ceiling $162
Range 7.4%
✓ Hit
Win Criteria
Stay inside $150–$162 for 5 days
What Happened
$169.74
+0.96%
2026-03-11
↔ CAGE
Strength 20%
Magnet
Floor $150
Ceiling $162
Range 7.6%
✓ Hit
Win Criteria
Stay inside $150–$162 for 5 days
What Happened
$168.91
+2.41%
2026-03-10
↔ CAGE
Strength 20%
Magnet
Floor $150
Ceiling $162
Range 7.5%
✓ Hit
Win Criteria
Stay inside $150–$162 for 5 days
What Happened
$169.19
+2.18%
2026-03-09
↔ CAGE
Strength 20%
Magnet
Floor $150
Ceiling $162
Range 7.6%
✓ Hit
Win Criteria
Stay inside $150–$162 for 5 days
What Happened
$167.45
+1.42%
2026-03-06
↔ CAGE
Strength 55%
Magnet
Floor $150
Ceiling $155
Range 3.0%
✓ Hit
Win Criteria
Stay inside $150–$155 for 5 days
What Happened
$167.01
+1.19%
2026-03-05
↔ CAGE
Strength 55%
Magnet
Floor $155
Ceiling $160
Range 3.1%
✓ Hit
Win Criteria
Stay inside $155–$160 for 5 days
What Happened
$168.12
+3.04%
2026-03-04
📌 PIN
Strength 55%
Magnet
Floor $155
Ceiling $160
Range 3.2%
✗ Miss
Win Criteria
Close within 0.5% of $160 by end of day
What Happened
$163.16
+2.90%
Closed 2.0% from wall (need ≤0.5%) — moved +2.9%
2026-03-03
↔ CAGE
Strength 55%
Magnet
Floor $160
Ceiling $165
Range 3.2%
✗ Miss
Win Criteria
Stay inside $160–$165 for 5 days
What Happened
$165.58
+6.08%
Broke up — max move 5.7% (need ≤2%)
2026-03-02
↔ CAGE
Strength 40%
Magnet
Floor $144
Ceiling $155
Range 7.3%
✗ Miss
Win Criteria
Stay inside $144–$155 for 5 days
What Happened
$165.10
+9.96%
Broke up — max move 8.7% (need ≤2%)
2026-02-27
↔ CAGE
Strength 40%
Magnet
Floor $144
Ceiling $155
Range 7.4%
✗ Miss
Win Criteria
Stay inside $144–$155 for 5 days
What Happened
$165.05
+10.83%
Broke up — max move 6.5% (need ≤2%)
2026-02-26
↔ CAGE
Strength 20%
Magnet
Floor $140
Ceiling $149
Range 6.0%
✗ Miss
Win Criteria
Stay inside $140–$149 for 5 days
What Happened
$163.16
+9.21%
Broke down — max move 4.5% (need ≤2%)
2026-02-25
↔ CAGE
Strength 20%
Magnet
Floor $140
Ceiling $150
Range 6.9%
✗ Miss
Win Criteria
Stay inside $140–$150 for 5 days
What Happened
$158.56
+9.47%
Broke up — max move 3.7% (need ≤2%)
2026-02-24
📌 PIN
Strength 35%
Magnet
Floor $140
Ceiling $155
Range 10.6%
✗ Miss
Win Criteria
Close within 0.5% of $140 by end of day
What Happened
$144.84
+2.24%
Closed 3.4% from wall (need ≤0.5%) — moved +2.2%