Tour v297
FTNT
FORTINET INC
$158.67 -2.27%
$158.44 (-0.14%)🌙
as of 07/07 06:31 PM
7/7 18:31

Option Volume

Detail
Current (07/07) 6,205
Calls: 2,370 (38%)
Puts: 3,835 (62%)
Prior (07/06) 19,252
Calls: 14,400 (75%)
Puts: 4,852 (25%)
Current vs Prior -67.77%
Calls: -83.54% (Calls)
Puts: -20.96% (Puts)
Prior 7-Day Total 162,945
Calls: 100,569 (62%)
Puts: 62,376 (38%)
Prior 7-Day Average 23,277
Calls: 14,367 (62%)
Puts: 8,910 (38%)
Current vs Prior 7-Day Avg -73.34%
Calls: -83.50%
Puts: -56.96%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/07) $4.72M
Calls: $2.41M (51%)
Puts: $2.31M (49%)
Prior (07/06) $15.32M
Calls: $13.51M (88%)
Puts: $1.81M (12%)
Current vs Prior -69.20%
Calls: -82.16%
Puts: +27.38%
Prior 7-Day Total $85.83M
Calls: $70.01M (82%)
Puts: $15.82M (18%)
Prior 7-Day Average $12.26M
Calls: $10.00M (82%)
Puts: $2.26M (18%)
Current vs Prior 7-Day Avg -61.53%
Calls: -75.91%
Puts: +2.15%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/07) 1.62
Prior (07/06) 0.34
Current vs Prior +380.24%
Prior 7-Day Average 0.80
Current vs Prior 7-Day Avg +102.37%
Sentiment BEARISH

Open Interest

Detail
Current (07/07) 78,288
Calls: 40,519 (52%)
Puts: 37,769 (48%)
Prior (07/06) 92,339
Calls: 53,723 (58%)
Puts: 38,616 (42%)
Current vs Prior -15.22%
Prior 7-Day Total 644,266
Calls: 373,413 (58%)
Puts: 270,853 (42%)
Prior 7-Day Average 92,038
Calls: 53,344 (58%)
Puts: 38,693 (42%)
Current vs Prior 7-Day Avg -14.94%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 5.11% | 7.74%7.74% | 20.88%
Prior 5.59% | 7.93%7.93% | 20.71%
Current vs Prior -8.61% | -2.45%-2.45% | +0.80%
Prior 7-Day Avg 4.60% | 7.25%7.93% | 20.71%
Current vs 7-Day Avg +11.15% | +6.68%-2.45% | +0.80%
Prior 7-Day Eod 5.59% | 7.93%-- | --
Current vs 7-Day Eod -8.61% | -2.45%-- | --
Sentiment BULLISHBULLISH

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 18.04% | 12.40%
Calls: 16.02% | 13.81%
Puts: 20.05% | 10.99%
Current vs 7-Day Avg -37.18% | -36.29%
Liquidity Expensive
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🤖 AI Insights

Light premium activity with dollar volume down 69% vs prior. Below-average activity with volume down 68% vs prior. Extreme bearish P/C ratio of 1.62 - heavy put buying. P/C ratio rising 380% - increased hedging/bearish positioning.

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 BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 21 of results (avg 7.3%, best 3.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$152.50Jul 3115.3016.15$15.735.4%480.62633
$175.00Aug 219.009.50$9.255.4%240.39672
$152.50Jul 2410.8011.65$11.237.6%470.65663
$130.00Aug 2132.1034.70$33.407.8%10.82--
$130.00Aug 731.0533.60$32.337.9%10.851
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Aug 2115.2515.80$15.533.5%120.46103
$162.50Jul 177.357.70$7.534.6%320.5948
$175.00Aug 2124.6026.05$25.335.7%210.6112
$140.00Aug 216.607.05$6.826.6%300.264.7K
$165.00Jul 2410.6011.35$10.986.8%30.61--

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. 45 found (avg delta 0.67, highest 0.93)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Jul 1727.8530.40$29.138.8%20.93654
$135.00Jul 1723.0525.55$24.3010.3%210.92--
$148.00Jul 1010.1012.75$11.4323.2%10.88--
$130.00Aug 731.0533.60$32.337.9%10.851
$145.00Jul 1713.8516.35$15.1016.6%190.831.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Jul 1014.5018.35$16.4323.4%180.93--
$165.00Jul 106.708.25$7.4820.7%250.778
$167.50Jul 1710.0011.90$10.9517.4%10.73--
$185.00Aug 2130.7533.50$32.138.6%10.696
$162.50Jul 104.956.30$5.6324.0%610.6658

Most actively traded options today. High liquidity = easy entry/exit. 157 active (total vol 4.7K, top 524)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Jul 100.961.23$1.1024.5%3990.233.6K
$160.00Jul 174.655.10$4.889.2%1710.482.9K
$165.00Jul 172.733.10$2.9212.7%770.341.1K
$180.00Jul 170.280.61$0.4573.3%750.08233
$155.00Jul 177.207.95$7.589.9%710.62791
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$152.50Jul 100.781.62$1.2070.0%5240.233.2K
$155.00Jul 173.504.15$3.8317.0%4030.38177
$160.00Jul 103.504.65$4.0828.2%3880.5550
$155.00Jul 101.652.36$2.0135.3%1890.33686
$145.00Jul 170.941.84$1.3964.7%1520.16341

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 21 strikes (avg 23.9%, max 92.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$167.50Jul 10Jul 1762.5%50.1%24.8%39306
$180.00Jul 10Aug 2183.5%69.3%20.5%15424
$157.50Jul 10Jul 2459.8%53.9%10.9%93183
$175.00Jul 10Aug 2173.2%68.8%6.4%77716
$130.00Jul 17Aug 2171.9%71.7%0.3%3654
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$138.00Jul 10Jul 24109.6%56.9%92.8%26324
$135.00Jul 10Aug 21115.3%69.5%65.8%72712
$137.00Jul 10Jul 17101.3%62.5%62.1%37
$144.00Jul 10Jul 2475.4%54.2%39.2%1337
$147.00Jul 10Jul 1769.4%53.1%30.7%8571

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 103 found (best R:R 15.67, avg 3.02)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$175.00$180.00Jul 17$0.35$4.65$0.3513.29$175.35
$167.50$170.00Jul 10$0.18$2.32$0.1812.89$167.68
$170.00$172.50Jul 10$0.23$2.27$0.239.87$170.23
$165.00$167.50Jul 10$0.30$2.20$0.307.33$165.30
$167.50$170.00Jul 17$0.33$2.17$0.336.58$167.83
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$147.00$145.00Jul 10$0.12$1.88$0.1215.67$146.88
$138.00$135.00Jul 24$0.27$2.73$0.2710.11$137.73
$140.00$138.00Jul 17$0.19$1.81$0.199.53$139.81
$140.00$138.00Jul 24$0.22$1.78$0.228.09$139.78
$130.00$129.00Jul 31$0.11$0.89$0.118.09$129.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 120 found (best R:R 28.41, avg 1.34)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$130.00$135.00Jul 17$4.83$4.83$0.1728.41$134.83
$135.00$145.00Jul 17$9.20$9.20$0.8011.50$144.20
$148.00$152.50Jul 10$4.00$4.00$0.508.00$152.00
$145.00$150.00Jul 17$4.00$4.00$1.004.00$149.00
$130.00$137.00Aug 7$5.45$5.45$1.553.52$135.45
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$175.00$165.00Jul 10$8.95$8.95$1.058.52$166.05
$150.00$149.00Jul 24$0.88$0.88$0.127.33$149.12
$165.00$162.50Jul 10$1.85$1.85$0.652.85$163.15
$167.50$165.00Jul 17$1.85$1.85$0.652.85$165.65
$162.50$160.00Jul 24$1.70$1.70$0.802.13$160.80

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 39 found (avg debit $2.32, cheapest $0.08)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$180.00Jul 10Jul 17$0.2183.5%51.8%
$175.00Jul 10Jul 17$0.4873.2%50.2%
$170.00Jul 10Jul 17$1.1267.3%52.8%
$167.50Jul 10Jul 17$1.2762.5%50.1%
$165.00Jul 10Jul 17$1.8258.2%51.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$138.00Jul 10Jul 17$0.08109.6%61.7%
$135.00Jul 10Jul 17$0.13115.3%66.7%
$137.00Jul 10Jul 17$0.23101.3%62.5%
$134.00Jul 17Jul 24$0.4168.3%60.2%
$140.00Jul 10Jul 17$0.6477.4%61.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 37 found (cheapest 4.32% of stock, avg 12.43%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$157.50Jul 10$4.03$2.83$6.86$150.64$164.364.32%
$160.00Jul 10$2.77$4.08$6.85$153.15$166.854.32%
$162.50Jul 10$1.82$5.63$7.45$155.05$169.954.70%
$155.00Jul 10$5.58$2.01$7.59$147.41$162.594.78%
$165.00Jul 10$1.10$7.48$8.58$156.42$173.585.41%
$152.50Jul 10$7.43$1.20$8.63$143.87$161.135.44%
$157.50Jul 17$6.13$4.80$10.93$146.57$168.436.89%
$160.00Jul 17$4.88$6.15$11.03$148.97$171.036.95%
$162.50Jul 17$3.80$7.53$11.33$151.17$173.837.14%
$155.00Jul 17$7.58$3.83$11.41$143.59$166.417.19%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 150 found (cheapest 0.78% of stock, avg 7.00%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$170.00$150.00Jul 10$0.62$0.61$1.23$148.77$171.23
$170.00$149.00Jul 10$0.62$0.64$1.26$147.74$171.26
$167.50$150.00Jul 10$0.80$0.61$1.41$148.59$168.91
$167.50$149.00Jul 10$0.80$0.64$1.44$147.56$168.94
$165.00$150.00Jul 10$1.10$0.61$1.71$148.29$166.71
$165.00$149.00Jul 10$1.10$0.64$1.74$147.26$166.74
$170.00$152.50Jul 10$0.62$1.20$1.82$150.68$171.82
$167.50$152.50Jul 10$0.80$1.20$2.00$150.50$169.50
$165.00$152.50Jul 10$1.10$1.20$2.30$150.20$167.30
$162.50$150.00Jul 10$1.82$0.61$2.43$147.57$164.93

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 305 found (best R:R 20.43, avg credit $2.53)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
140/141148/152Jul 10$4.29$0.2120.43$136.71$152.29
137/138148/152Jul 10$4.21$0.2914.52$133.79$152.21
133/134135/145Jul 17$9.32$0.6813.71$124.68$144.32
145/150155/160Aug 21$4.60$0.4011.50$145.40$159.60
143/144148/152Jul 10$4.12$0.3810.84$139.88$152.12
145/147148/152Jul 10$4.12$0.3810.84$142.88$152.12
152/155158/160Jul 24$2.28$0.2210.36$152.72$159.78
150/152155/158Jul 17$2.26$0.249.42$150.24$157.26
145/150155/160Jul 31$4.52$0.489.42$145.48$159.52
160/165175/180Aug 21$4.52$0.489.42$160.48$179.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 54 found (best R:R 70.43, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$160.00$165.00$170.00Aug 21$0.07$4.9370.43
$165.00$170.00$175.00Aug 21$0.12$4.8840.67
$150.00$152.50$155.00Jul 17$0.08$2.4230.25
$175.00$180.00$185.00Jul 31$0.22$4.7821.73
$165.00$167.50$170.00Jul 10$0.12$2.3819.83
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$165.00$175.00$185.00Aug 21$0.22$9.7844.45
$150.00$152.50$155.00Jul 24$0.15$2.3515.67
$150.00$152.50$155.00Jul 17$0.16$2.3414.62
$145.00$150.00$155.00Jul 31$0.35$4.6513.29
$135.00$140.00$145.00Aug 21$0.36$4.6412.89

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 77 found (best net $-5.02, 68 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$137.00$155.001:2Aug 7-$5.02$12.98
$185.00$190.001:2Jul 17-$0.08$4.92
$175.00$180.001:2Jul 17-$0.10$4.90
$135.00$145.001:2Jul 17-$5.90$4.10
$165.00$170.001:2Jul 24-$1.18$3.82
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$145.00$140.001:2Jul 17-$0.17$4.83
$142.00$135.001:2Aug 7-$2.50$4.50
$160.00$150.001:2Aug 21-$6.17$3.83
$135.00$130.001:2Jul 31-$1.62$3.38
$144.00$140.001:2Jul 24-$0.74$3.26

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 43 found (best yield 8.92%, avg 3.05%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$160.00Aug 21$14.150.540.8%8.92%9.76%28770
$160.00Aug 14$12.300.530.8%7.75%8.59%71
$165.00Aug 21$12.100.494.0%7.63%11.62%14610
$160.00Aug 7$11.600.530.8%7.31%8.15%55
$160.00Jul 31$10.650.530.8%6.71%7.55%658
$170.00Aug 21$9.950.447.1%6.27%13.41%15336
$162.50Jul 31$9.550.492.4%6.02%8.43%59
$165.00Aug 7$9.500.474.0%5.99%9.98%3--
$175.00Aug 21$9.000.3910.3%5.67%15.96%24672
$165.00Jul 31$8.650.464.0%5.45%9.44%322

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 2,370
Total Puts 3,835
Put/Call Ratio 1.62
Net Difference -1,465

Prior's Put/Call Breakdown

Total Calls 14,400
Total Puts 4,852
Put/Call Ratio 0.34
Net Difference 9,548

Prior 7-Day Put/Call Summary

Total Calls 100,569
Total Puts 62,376
Average Put/Call Ratio 0.80
Ratio Trend Rising

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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