Tour v290
FTNT
FORTINET INC
$156.25 -1.72%
$156.26 (+0.01%)🌙
as of 07/02 06:29 PM
7/2 18:29

Option Volume

Detail
Current (07/02) 29,492
Calls: 12,769 (43%)
Puts: 16,723 (57%)
Prior (07/01) 16,327
Calls: 4,771 (29%)
Puts: 11,556 (71%)
Current vs Prior +80.63%
Calls: +167.64% (Calls)
Puts: +44.71% (Puts)
Prior 7-Day Total 149,328
Calls: 85,573 (57%)
Puts: 63,755 (43%)
Prior 7-Day Average 21,332
Calls: 12,224 (57%)
Puts: 9,107 (43%)
Current vs Prior 7-Day Avg +38.25%
Calls: +4.45%
Puts: +83.61%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/02) $10.16M
Calls: $7.07M (70%)
Puts: $3.08M (30%)
Prior (07/01) $7.84M
Calls: $5.25M (67%)
Puts: $2.59M (33%)
Current vs Prior +29.60%
Calls: +34.73%
Puts: +19.19%
Prior 7-Day Total $94.61M
Calls: $58.74M (62%)
Puts: $35.87M (38%)
Prior 7-Day Average $13.52M
Calls: $8.39M (62%)
Puts: $5.12M (38%)
Current vs Prior 7-Day Avg -24.84%
Calls: -15.70%
Puts: -39.82%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/02) 1.31
Prior (07/01) 2.42
Current vs Prior -45.93%
Prior 7-Day Average 1.06
Current vs Prior 7-Day Avg +23.35%
Sentiment BEARISH

Open Interest

Detail
Current (07/02) 85,241
Calls: 47,272 (55%)
Puts: 37,969 (45%)
Prior (07/01) 94,736
Calls: 55,166 (58%)
Puts: 39,570 (42%)
Current vs Prior -10.02%
Prior 7-Day Total 605,005
Calls: 360,323 (58%)
Puts: 266,214 (42%)
Prior 7-Day Average 86,429
Calls: 51,474 (58%)
Puts: 38,030 (42%)
Current vs Prior 7-Day Avg -1.37%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/02) | Next (07/10)Expiry (07/17) | Next (08/21)
Current 1.61% | 6.51%8.82% | 21.07%
Prior 3.10% | 6.65%-- | --
Current vs Prior +109.89% | +32.52%-- | --
Prior 7-Day Avg 3.87% | 6.43%-- | --
Current vs 7-Day Avg +68.32% | +37.12%-- | --
Prior 7-Day Eod 3.10% | 6.65%-- | --
Current vs 7-Day Eod +109.89% | +32.52%-- | --
Sentiment BEARISH--

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 20.69% | 12.90%
Calls: 19.60% | 14.78%
Puts: 24.91% | 12.68%
Current vs 7-Day Avg -45.24% | -38.75%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 70% call dollar volume ($7.07M). Above-average activity with volume up 81% vs prior. Bearish P/C ratio of 1.31 indicates protective positioning. P/C ratio dropping 46% - sentiment shifting bullish.

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

📈 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 8 of results (avg 7.8%, best 5.2%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.50Aug 713.0513.75$13.405.2%20.54119
$125.00Jul 1730.9033.15$32.037.0%10.971.4K
$130.00Jul 1726.0528.30$27.188.3%20.96655
$125.00Jul 230.6033.50$32.059.0%40.92--
$135.00Jul 1721.5523.60$22.589.1%10.91--
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Jul 177.858.45$8.157.4%90.5731
$155.00Jul 175.155.55$5.357.5%1110.44140
$185.00Aug 731.1034.05$32.589.1%20.74--

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. 77 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Jul 224.8028.50$26.6513.9%21.0018
$140.00Jul 215.7018.50$17.1016.4%121.0063
$142.00Jul 212.9016.40$14.6523.9%121.0025
$138.00Jul 216.9520.50$18.7319.0%210.9923
$146.00Jul 29.7512.45$11.1024.3%10.99--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$157.50Jul 20.012.95$1.48198.6%601.0019
$160.00Jul 21.614.95$3.28101.8%11.005
$170.00Jul 211.8515.20$13.5224.8%180.857
$185.00Aug 731.1034.05$32.589.1%20.74--
$162.50Jul 107.208.75$7.9819.4%10.711

Most actively traded options today. High liquidity = easy entry/exit. 193 active (total vol 27.8K, top 5.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Jul 101.191.68$1.4434.0%3.5K0.23190
$157.50Jul 20.000.24$0.12200.0%3.0K0.223.9K
$152.50Jul 249.3010.85$10.0715.4%6840.601.5K
$152.50Jul 3112.5515.85$14.2023.2%6820.591.5K
$160.00Jul 20.000.30$0.15200.0%6040.121.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$146.00Jul 100.751.17$0.9643.7%5.3K0.16--
$152.50Jul 102.482.93$2.7116.6%3.2K0.3518
$140.00Jul 20.000.01$0.01100.0%2.9K0.004.6K
$148.00Jul 101.151.52$1.3427.6%1.3K0.21601
$150.00Jul 101.692.29$1.9930.2%1.2K0.27165

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 41 strikes (avg 1064.7%, max 3639.3%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$125.00Jul 2Jul 172281.0%61.0%3639.3%51.4K
$135.00Jul 2Jul 241670.0%51.0%3174.5%3231
$127.00Jul 2Jul 312157.0%73.0%2854.8%13--
$137.00Jul 2Jul 101549.0%55.0%2716.4%3170
$143.00Jul 2Jul 241185.0%52.0%2178.8%1263
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$133.00Jul 2Jul 241791.0%54.0%3216.7%3101
$135.00Jul 2Jul 311670.0%71.0%2252.1%1548
$144.00Jul 2Jul 241123.0%52.0%2059.6%31--
$148.00Jul 2Jul 17872.0%50.0%1644.0%561.7K
$138.00Jul 2Jul 10748.0%55.0%1260.0%2972

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 111 found (best R:R 34.71, avg 3.15)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$180.00$185.00Jul 17$0.14$4.86$0.1434.71$180.14
$172.50$175.00Jul 10$0.11$2.39$0.1121.73$172.61
$175.00$180.00Jul 17$0.40$4.60$0.4011.50$175.40
$170.00$172.50Jul 10$0.28$2.22$0.287.93$170.28
$167.50$170.00Jul 10$0.33$2.17$0.336.58$167.83
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$140.00$135.00Jul 17$0.32$4.68$0.3214.62$139.68
$140.00$138.00Jul 10$0.14$1.86$0.1413.29$139.86
$139.00$137.00Jul 24$0.18$1.82$0.1810.11$138.82
$143.00$141.00Jul 10$0.21$1.79$0.218.52$142.79
$142.00$140.00Jul 17$0.22$1.78$0.228.09$141.78

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 132 found (best R:R 32.33, avg 1.60)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$125.00$130.00Jul 17$4.85$4.85$0.1532.33$129.85
$130.00$135.00Jul 17$4.60$4.60$0.4011.50$134.60
$135.00$140.00Jul 17$4.60$4.60$0.4011.50$139.60
$135.00$140.00Jul 24$4.58$4.58$0.4210.90$139.58
$127.00$129.00Jul 31$1.80$1.80$0.209.00$128.80
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$160.00$157.50Jul 2$1.80$1.80$0.702.57$158.20
$162.50$160.00Jul 17$1.73$1.73$0.772.25$160.77
$185.00$150.00Aug 7$22.40$22.40$12.601.78$162.60
$160.00$157.50Jul 10$1.56$1.56$0.941.66$158.44
$160.00$157.50Jul 31$1.48$1.48$1.021.45$158.52

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 44 found (avg debit $1.88, cheapest $0.22)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$137.00Jul 2Jul 10$0.301549.0%55.0%
$180.00Jul 10Jul 17$0.4155.0%49.0%
$130.00Jul 2Jul 17$0.53854.0%53.0%
$135.00Jul 2Jul 17$0.651670.0%56.0%
$138.00Jul 2Jul 10$0.67748.0%55.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$130.00Jul 2Jul 10$0.22854.0%70.0%
$148.00Jul 2Jul 10$0.27872.0%47.0%
$138.00Jul 2Jul 10$0.30748.0%55.0%
$140.00Jul 2Jul 10$0.47538.0%54.0%
$143.00Jul 10Jul 17$0.7052.0%48.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 51 found (cheapest 0.70% of stock, avg 11.00%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$155.00Jul 2$1.04$0.05$1.09$153.91$156.090.70%
$157.50Jul 2$0.12$1.48$1.60$155.90$159.101.02%
$160.00Jul 2$0.15$3.28$3.43$156.57$163.432.20%
$152.50Jul 2$3.91$0.89$4.80$147.70$157.303.07%
$150.00Jul 2$6.83$0.13$6.96$143.04$156.964.45%
$157.50Jul 10$3.88$4.97$8.85$148.65$166.355.66%
$155.00Jul 10$5.20$3.75$8.95$146.05$163.955.73%
$152.50Jul 10$6.53$2.71$9.24$143.26$161.745.91%
$160.00Jul 10$2.83$6.53$9.36$150.64$169.365.99%
$162.50Jul 10$1.87$7.98$9.85$152.65$172.356.30%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 0.65% of stock, avg 6.23%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$157.50$152.50Jul 2$0.12$0.89$1.01$151.49$158.51
$160.00$152.50Jul 2$0.15$0.89$1.04$151.46$161.04
$157.50$148.00Jul 2$0.12$1.07$1.19$146.81$158.69
$157.50$144.00Jul 2$0.12$1.07$1.19$142.81$158.69
$157.50$135.00Jul 2$0.12$1.07$1.19$133.81$158.69
$157.50$133.00Jul 2$0.12$1.07$1.19$131.81$158.69
$160.00$148.00Jul 2$0.15$1.07$1.22$146.78$161.22
$160.00$144.00Jul 2$0.15$1.07$1.22$142.78$161.22
$160.00$135.00Jul 2$0.15$1.07$1.22$133.78$161.22
$160.00$133.00Jul 2$0.15$1.07$1.22$131.78$161.22

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 220 found (best R:R 19.00, avg credit $2.17)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
130/131135/140Jul 17$4.75$0.2519.00$126.25$139.75
130/132137/138Jul 10$1.84$0.1611.50$130.16$138.84
150/152155/158Jul 31$2.30$0.2011.50$150.20$157.30
135/137140/143Jul 24$2.75$0.2511.00$134.25$142.75
134/135147/149Jul 17$1.82$0.1810.11$133.18$148.82
134/135140/144Jul 17$3.62$0.389.53$131.38$143.62
134/135150/152Jul 31$2.25$0.259.00$132.75$152.25
141/143144/150Jul 10$5.38$0.628.68$137.62$149.38
155/158160/162Jul 24$2.23$0.278.26$155.27$162.23
130/132152/155Jul 10$2.22$0.287.93$129.78$154.72

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 51 found (best R:R 49.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$167.50$170.00$172.50Jul 10$0.05$2.4549.00
$165.00$167.50$170.00Jul 10$0.07$2.4334.71
$157.50$160.00$162.50Jul 10$0.09$2.4126.78
$162.50$165.00$167.50Aug 7$0.12$2.3819.83
$125.00$130.00$135.00Jul 17$0.25$4.7519.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$146.00$147.00$148.00Jul 10$0.06$0.9415.67
$152.50$155.00$157.50Jul 10$0.18$2.3212.89
$155.00$157.50$160.00Jul 31$0.23$2.279.87
$157.50$160.00$162.50Jul 17$0.31$2.197.06
$150.00$152.50$155.00Jul 10$0.32$2.186.81

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 79 found (best net $-0.93, 65 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$180.001:2Jul 31-$2.28$7.72
$175.00$180.001:2Jul 10-$0.14$4.86
$170.00$175.001:2Jul 17-$0.21$4.79
$175.00$180.001:2Jul 17-$0.24$4.76
$180.00$185.001:2Jul 17-$0.36$4.64
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$140.00$130.001:2Aug 7-$0.93$9.07
$150.00$140.001:2Jul 31-$1.13$8.87
$133.00$125.001:2Jul 24-$1.50$6.50
$140.00$135.001:2Jul 17-$0.44$4.56
$144.00$140.001:2Jul 24-$0.27$3.73

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 37 found (best yield 8.35%, avg 2.61%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$157.50Aug 7$13.050.540.8%8.35%9.15%2119
$157.50Jul 31$10.150.530.8%6.50%7.30%15124
$162.50Aug 7$9.700.484.0%6.21%10.21%27
$160.00Jul 31$9.150.502.4%5.86%8.26%12--
$165.00Aug 7$8.750.455.6%5.60%11.20%1--
$167.50Aug 7$7.850.437.2%5.02%12.22%2--
$170.00Aug 7$7.000.408.8%4.48%13.28%2--
$157.50Jul 24$6.950.500.8%4.45%5.25%314
$167.50Jul 31$6.100.417.2%3.90%11.10%113
$160.00Jul 24$5.800.452.4%3.71%6.11%1445

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 12,769
Total Puts 16,723
Put/Call Ratio 1.31
Net Difference -3,954

Prior's Put/Call Breakdown

Total Calls 4,771
Total Puts 11,556
Put/Call Ratio 2.42
Net Difference -6,785

Prior 7-Day Put/Call Summary

Total Calls 85,573
Total Puts 63,755
Average Put/Call Ratio 1.06
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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