NEW Tour v246
FTNT
FORTINET INC
$153.62 -1.16%
$153.63 (+0.01%)🌙
as of 06/30 06:28 PM
6/30 18:28

Option Volume

Detail
Current (06/30) 11,125
Calls: 9,578 (86%)
Puts: 1,547 (14%)
Prior (06/29) 19,650
Calls: 15,843 (81%)
Puts: 3,807 (19%)
Current vs Prior -43.38%
Calls: -39.54% (Calls)
Puts: -59.36% (Puts)
Prior 7-Day Total 164,016
Calls: 90,978 (55%)
Puts: 73,038 (45%)
Prior 7-Day Average 23,430
Calls: 12,996 (55%)
Puts: 10,434 (45%)
Current vs Prior 7-Day Avg -52.52%
Calls: -26.31%
Puts: -85.17%
Sentiment BULLISH

Dollar Volume

Detail
Current (06/30) $8.44M
Calls: $7.81M (93%)
Puts: $629.5K (7%)
Prior (06/29) $16.19M
Calls: $13.82M (85%)
Puts: $2.37M (15%)
Current vs Prior -47.86%
Calls: -43.47%
Puts: -73.46%
Prior 7-Day Total $91.95M
Calls: $54.57M (59%)
Puts: $37.37M (41%)
Prior 7-Day Average $13.14M
Calls: $7.80M (59%)
Puts: $5.34M (41%)
Current vs Prior 7-Day Avg -35.74%
Calls: +0.19%
Puts: -88.21%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (06/30) 0.16
Prior (06/29) 0.24
Current vs Prior -32.78%
Prior 7-Day Average 0.97
Current vs Prior 7-Day Avg -83.29%
Sentiment BULLISH

Open Interest

Detail
Current (06/30) 93,458
Calls: 57,104 (61%)
Puts: 36,354 (39%)
Prior (06/29) 109,719
Calls: 61,796 (56%)
Puts: 47,923 (44%)
Current vs Prior -14.82%
Prior 7-Day Total 609,452
Calls: 329,855 (54%)
Puts: 279,597 (46%)
Prior 7-Day Average 87,064
Calls: 47,122 (54%)
Puts: 39,942 (46%)
Current vs Prior 7-Day Avg +7.34%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 6.89% | 8.69%6.89% | 8.69%8.69% | 20.43%
Prior 4.86% | 7.55%-- | ---- | --
Current vs Prior -17.83% | -8.75%-- | ---- | --
Prior 7-Day Avg 4.26% | 6.36%-- | ---- | --
Current vs 7-Day Avg -6.25% | +8.26%-- | ---- | --
Prior 7-Day Eod 4.86% | 7.55%-- | ---- | --
Current vs 7-Day Eod -17.83% | -8.75%-- | ---- | --
Sentiment BULLISH----

Relative Spread

Detail
Expiry | Next
Current 11.33% | 7.90%
Calls: 12.24% | 9.80%
Puts: 10.42% | 6.00%
Prior 11.33% | 7.90%
Calls: 12.24% | 9.80%
Puts: 10.42% | 6.00%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 26.77% | 20.47%
Calls: 22.81% | 19.18%
Puts: 30.73% | 21.77%
Current vs 7-Day Avg -57.67% | -61.41%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 93% of dollar volume in calls ($7.81M) vs puts ($629.5K). Below-average activity with volume down 43% vs prior. Extreme bullish P/C ratio of 0.16 - heavy call buying (9,578 calls vs 1,547 puts). P/C ratio dropping 33% - sentiment shifting bullish.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 26 of results (avg 7.7%, best 4.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Jul 178.108.50$8.304.8%580.621.5K
$155.00Jul 175.455.75$5.605.4%1400.49790
$152.50Jul 176.707.10$6.905.8%140.5575
$152.50Jul 247.908.40$8.156.1%1730.561.4K
$155.00Jul 246.707.15$6.936.5%190.5125
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$152.50Jul 175.305.65$5.486.4%120.459
$155.00Jul 105.105.45$5.286.6%60.5326
$157.50Jul 106.456.95$6.707.5%20.6129
$152.50Jul 103.854.20$4.038.7%60.4513
$150.00Jul 245.105.60$5.359.3%20.39127

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. -- found (avg $--, cheapest $--)

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 72 found (avg delta 0.75, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$134.00Jul 218.8021.50$20.1513.4%90.9730
$133.00Jul 219.8022.50$21.1512.8%10.97--
$132.00Jul 219.8522.90$21.3814.3%10.96--
$137.00Jul 215.3517.70$16.5214.2%10.9549
$125.00Jul 1728.1530.20$29.177.0%30.951.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Jul 25.058.30$6.6848.7%10.84--
$157.50Jul 24.005.55$4.7832.4%30.7315
$162.50Jul 2411.5013.65$12.5817.1%10.66--
$160.00Jul 178.909.95$9.4311.1%10.64--
$157.50Jul 106.456.95$6.707.5%20.6129

Most actively traded options today. High liquidity = easy entry/exit. 182 active (total vol 8.6K, top 1.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Jul 173.503.80$3.658.2%1.8K0.363.8K
$160.00Jul 102.202.48$2.3412.0%1.2K0.32101
$160.00Jul 20.420.60$0.5135.3%1.1K0.161.5K
$155.00Jul 3110.2013.90$12.0530.7%5510.5394
$155.00Aug 711.5014.65$13.0824.1%5150.5221
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$148.00Jul 173.403.75$3.589.8%1880.349
$148.00Jul 102.052.37$2.2114.5%1200.29400
$149.00Jul 20.620.94$0.7841.0%970.229
$152.50Jul 21.612.03$1.8223.1%850.41165
$150.00Jul 173.654.55$4.1022.0%480.38463

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 27 strikes (avg 56.4%, max 192.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$127.00Jul 2Jul 10209.9%78.7%166.7%4064
$180.00Jul 2Aug 7161.2%73.0%120.8%51
$133.00Jul 2Jul 10110.9%55.8%98.7%2--
$138.00Jul 2Jul 1794.7%49.8%90.2%2--
$167.50Jul 2Jul 1785.3%46.7%82.4%12053
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$127.00Jul 2Jul 31209.9%71.8%192.3%610
$137.00Jul 2Jul 2496.6%49.0%97.0%66
$140.00Jul 2Jul 1785.9%47.5%80.9%146.7K
$132.00Jul 2Jul 31124.7%70.3%77.2%1415
$135.00Jul 2Aug 7113.8%67.2%69.2%1846

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 110 found (best R:R 28.41, avg 3.66)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$175.00$180.00Jul 17$0.17$4.83$0.1728.41$175.17
$175.00$180.00Jul 24$0.18$4.82$0.1826.78$175.18
$170.00$175.00Jul 10$0.19$4.81$0.1925.32$170.19
$162.50$165.00Jul 2$0.13$2.37$0.1318.23$162.63
$170.00$175.00Jul 17$0.37$4.63$0.3712.51$170.37
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$139.00$136.00Jul 10$0.17$2.83$0.1716.65$138.83
$137.00$130.00Jul 24$0.73$6.27$0.738.59$136.27
$145.00$142.00Jul 10$0.35$2.65$0.357.57$144.65
$128.00$127.00Jul 31$0.12$0.88$0.127.33$127.88
$142.00$140.00Jul 17$0.25$1.75$0.257.00$141.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 136 found (best R:R 19.00, avg 1.66)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$142.00$145.00Jul 2$2.85$2.85$0.1519.00$144.85
$134.00$138.00Jul 10$3.75$3.75$0.2515.00$137.75
$130.00$135.00Jul 17$4.68$4.68$0.3214.62$134.68
$125.00$130.00Jul 17$4.64$4.64$0.3612.89$129.64
$124.00$126.00Jul 2$1.82$1.82$0.1810.11$125.82
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$160.00$157.50Jul 2$1.90$1.90$0.603.17$158.10
$157.50$155.00Jul 2$1.68$1.68$0.822.05$155.82
$160.00$157.50Jul 17$1.58$1.58$0.921.72$158.42
$162.50$150.00Jul 24$7.23$7.23$5.271.37$155.27
$157.50$155.00Jul 10$1.42$1.42$1.081.31$156.08

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 43 found (avg debit $1.80, cheapest $0.14)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$138.00Jul 2Jul 10$0.2094.7%51.4%
$175.00Jul 2Jul 10$0.25100.1%52.9%
$127.00Jul 2Jul 10$0.35209.9%78.7%
$170.00Jul 2Jul 10$0.5569.7%48.3%
$136.00Jul 17Jul 24$0.8049.8%50.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$135.00Jul 2Jul 10$0.14113.8%54.7%
$134.00Jul 2Jul 10$0.16101.0%52.0%
$136.00Jul 2Jul 10$0.19108.6%53.5%
$125.00Jul 31Aug 7$0.2271.5%65.5%
$142.00Jul 10Jul 17$0.7248.4%45.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 42 found (cheapest 3.16% of stock, avg 10.08%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$152.50Jul 2$3.04$1.82$4.86$147.64$157.363.16%
$155.00Jul 2$1.80$3.10$4.90$150.10$159.903.19%
$150.00Jul 2$4.75$1.00$5.75$144.25$155.753.74%
$157.50Jul 2$1.01$4.78$5.79$151.71$163.293.77%
$149.00Jul 2$5.55$0.78$6.33$142.67$155.334.12%
$160.00Jul 2$0.51$6.68$7.19$152.81$167.194.68%
$146.00Jul 2$8.25$0.47$8.72$137.28$154.725.68%
$152.50Jul 10$5.30$4.03$9.33$143.17$161.836.07%
$155.00Jul 10$4.08$5.28$9.36$145.64$164.366.09%
$150.00Jul 10$6.68$2.96$9.64$140.36$159.646.28%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 141 found (cheapest 0.48% of stock, avg 5.88%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$162.50$147.00Jul 2$0.28$0.46$0.74$146.26$163.24
$162.50$148.00Jul 2$0.28$0.61$0.89$147.11$163.39
$160.00$147.00Jul 2$0.51$0.46$0.97$146.03$160.97
$162.50$149.00Jul 2$0.28$0.78$1.06$147.94$163.56
$160.00$148.00Jul 2$0.51$0.61$1.12$146.88$161.12
$180.00$147.00Jul 2$0.79$0.46$1.25$145.75$181.25
$162.50$150.00Jul 2$0.28$1.00$1.28$148.72$163.78
$160.00$149.00Jul 2$0.51$0.78$1.29$147.71$161.29
$180.00$148.00Jul 2$0.79$0.61$1.40$146.60$181.40
$157.50$147.00Jul 2$1.01$0.46$1.47$145.53$158.97

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 152 found (best R:R 15.67, avg credit $2.07)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
145/147148/150Jul 24$1.88$0.1215.67$145.12$149.88
132/134135/137Jul 31$1.88$0.1215.67$132.12$136.88
140/142143/145Jul 17$1.87$0.1314.38$140.13$144.87
134/135139/142Jul 2$2.77$0.2312.04$132.23$141.77
134/136140/142Jul 31$1.84$0.1611.50$134.16$141.84
125/127135/137Jul 31$1.82$0.1810.11$125.18$136.82
139/141145/148Jul 10$2.71$0.299.34$138.29$147.71
129/130135/137Jul 31$1.78$0.228.09$128.22$136.78
131/132142/143Jul 31$0.88$0.127.33$131.12$142.88
132/134140/142Jul 31$1.76$0.247.33$132.24$141.76

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 54 found (best R:R 49.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$155.00$157.50$160.00Jul 31$0.05$2.4549.00
$136.00$140.00$144.00Jul 24$0.10$3.9039.00
$165.00$167.50$170.00Jul 17$0.08$2.4230.25
$157.50$160.00$162.50Jul 31$0.08$2.4230.25
$165.00$170.00$175.00Jul 24$0.19$4.8125.32
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$132.00$134.00$136.00Jul 31$0.08$1.9224.00
$150.00$152.50$155.00Jul 31$0.10$2.4024.00
$152.50$155.00$157.50Jul 10$0.17$2.3313.71
$150.00$152.50$155.00Jul 10$0.18$2.3212.89
$155.00$157.50$160.00Jul 17$0.18$2.3212.89

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 73 found (best net $-3.17, 70 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$130.00$150.001:2Aug 7-$3.17$16.83
$162.50$180.001:2Aug 7-$1.77$15.73
$165.00$170.001:2Jul 10-$0.15$4.85
$170.00$175.001:2Jul 10-$0.24$4.76
$170.00$175.001:2Jul 2-$0.29$4.71
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$146.00$136.001:2Jul 31-$1.27$8.73
$145.00$135.001:2Aug 7-$1.83$8.17
$137.00$130.001:2Jul 24-$0.24$6.76
$132.00$127.001:2Jul 10-$0.88$4.12
$142.00$137.001:2Jul 24-$0.93$4.07

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 41 found (best yield 7.49%, avg 2.50%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$155.00Aug 7$11.500.520.9%7.49%8.38%51521
$157.50Aug 7$10.400.492.5%6.77%9.30%65
$155.00Jul 31$10.200.530.9%6.64%7.54%55194
$160.00Aug 7$9.450.474.2%6.15%10.30%1--
$157.50Jul 31$9.100.502.5%5.92%8.45%1516
$162.50Aug 7$8.500.435.8%5.53%11.31%16
$160.00Jul 31$8.050.474.2%5.24%9.39%1632
$162.50Jul 31$7.050.435.8%4.59%10.37%2--
$155.00Jul 24$6.700.510.9%4.36%5.26%1925
$165.00Jul 31$6.100.407.4%3.97%11.38%69

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 9,578
Total Puts 1,547
Put/Call Ratio 0.16
Net Difference 8,031

Prior's Put/Call Breakdown

Total Calls 15,843
Total Puts 3,807
Put/Call Ratio 0.24
Net Difference 12,036

Prior 7-Day Put/Call Summary

Total Calls 90,978
Total Puts 73,038
Average Put/Call Ratio 0.97
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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