Tour v303
FTNT
FORTINET INC
$156.71 -1.24%
$155.51 (-0.77%)🌙
as of 07/08 06:31 PM
7/8 18:31

Option Volume

Detail
Current (07/08) 28,405
Calls: 6,820 (24%)
Puts: 21,585 (76%)
Prior (07/07) 6,205
Calls: 2,370 (38%)
Puts: 3,835 (62%)
Current vs Prior +357.78%
Calls: +187.76% (Calls)
Puts: +462.84% (Puts)
Prior 7-Day Total 143,559
Calls: 86,976 (61%)
Puts: 56,583 (39%)
Prior 7-Day Average 20,508
Calls: 12,425 (61%)
Puts: 8,083 (39%)
Current vs Prior 7-Day Avg +38.50%
Calls: -45.11%
Puts: +167.03%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/08) $34.07M
Calls: $6.16M (18%)
Puts: $27.92M (82%)
Prior (07/07) $4.72M
Calls: $2.41M (51%)
Puts: $2.31M (49%)
Current vs Prior +622.30%
Calls: +155.59%
Puts: +1109.51%
Prior 7-Day Total $79.68M
Calls: $64.24M (81%)
Puts: $15.43M (19%)
Prior 7-Day Average $11.38M
Calls: $9.18M (81%)
Puts: $2.20M (19%)
Current vs Prior 7-Day Avg +199.35%
Calls: -32.90%
Puts: +1166.14%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/08) 3.17
Prior (07/07) 1.62
Current vs Prior +95.59%
Prior 7-Day Average 0.94
Current vs Prior 7-Day Avg +235.07%
Sentiment BEARISH

Open Interest

Detail
Current (07/08) 73,182
Calls: 38,993 (53%)
Puts: 34,189 (47%)
Prior (07/07) 78,288
Calls: 40,519 (52%)
Puts: 37,769 (48%)
Current vs Prior -6.52%
Prior 7-Day Total 634,342
Calls: 363,193 (57%)
Puts: 271,149 (43%)
Prior 7-Day Average 90,620
Calls: 51,884 (57%)
Puts: 38,735 (43%)
Current vs Prior 7-Day Avg -19.24%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 4.27% | 7.42%7.42% | 20.34%
Prior 5.11% | 7.74%7.74% | 20.88%
Current vs Prior -16.48% | -4.11%-4.11% | -2.57%
Prior 7-Day Avg 4.95% | 7.58%7.84% | 20.80%
Current vs 7-Day Avg -13.83% | -2.08%-5.30% | -2.18%
Prior 7-Day Eod 5.11% | 7.74%-- | --
Current vs 7-Day Eod -16.48% | -4.11%-- | --
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 12.04% | 10.54%
Calls: 12.17% | 12.62%
Puts: 11.91% | 8.46%
Current vs 7-Day Avg -5.89% | -25.04%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Strong bearish conviction with 82% of dollar volume in puts ($27.92M) vs calls ($6.16M). Massive premium surge with dollar volume up 622% vs prior. Dollar volume significantly above 7-day average (199% higher). Unusually high activity with volume up 358% vs prior - elevated interest.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 19 of results (avg 7.8%, best 5.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Aug 216.406.80$6.606.1%270.32397
$165.00Aug 2110.9511.65$11.306.2%230.46609
$150.00Jul 3115.9517.05$16.506.7%460.62132
$127.00Jul 1028.6030.90$29.757.7%10.9060
$145.00Aug 2120.2021.85$21.037.8%30.67--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Jul 176.757.10$6.935.1%30.58--
$162.50Jul 249.6510.25$9.956.0%10.6125
$157.50Jul 175.355.70$5.536.3%100.51--
$155.00Aug 2113.0014.05$13.537.8%230.44783
$185.00Aug 2131.7534.55$33.158.4%10.73--

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. 51 found (avg delta 0.70, highest 0.96)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$142.00Jul 1013.4016.85$15.1322.8%10.94--
$143.00Jul 1012.4015.10$13.7519.6%10.93--
$135.00Jul 1019.9023.75$21.8317.6%10.92--
$126.00Jul 1028.8532.70$30.7812.5%20.9020
$127.00Jul 1028.6030.90$29.757.7%10.9060
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Jul 1021.3525.25$23.3016.7%10.961
$175.00Jul 1016.5520.25$18.4020.1%40.9415
$162.50Jul 105.557.25$6.4026.6%100.7952
$167.50Jul 1711.1513.10$12.1316.1%100.792
$170.00Jul 2414.0516.55$15.3016.3%10.761

Most actively traded options today. High liquidity = easy entry/exit. 150 active (total vol 11.5K, top 4.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$155.00Jul 3113.1514.35$13.758.7%7510.56496
$155.00Aug 713.8515.25$14.559.6%7510.56423
$170.00Jul 170.851.40$1.1348.7%6060.17380
$160.00Jul 173.603.95$3.789.3%5970.422.9K
$165.00Jul 100.340.58$0.4652.2%5280.133.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Aug 218.559.70$9.1312.6%4.9K0.335.4K
$152.50Jul 100.921.21$1.0727.1%3260.262.9K
$155.00Jul 101.682.07$1.8820.7%2980.39588
$145.00Jul 170.961.47$1.2142.1%1510.17416
$148.00Jul 171.612.10$1.8626.3%1380.23317

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 15 strikes (avg 51.3%, max 171.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$180.00Jul 10Aug 21105.3%67.2%56.7%28397
$175.00Jul 10Aug 2197.5%69.5%40.3%151673
$148.00Jul 10Jul 2465.5%53.2%23.1%345
$143.00Jul 10Aug 784.2%76.3%10.4%33
$170.00Jul 10Aug 2168.9%68.4%0.7%853.3K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$134.00Jul 10Jul 17181.1%66.7%171.4%1253
$133.00Jul 10Jul 24133.0%59.9%122.1%613
$135.00Jul 10Aug 21147.9%69.1%114.0%24596
$140.00Jul 10Aug 21109.5%68.4%60.2%1114.7K
$142.00Jul 10Jul 2485.8%54.3%57.8%5335

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 98 found (best R:R 44.45, avg 4.09)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$175.00$180.00Jul 17$0.11$4.89$0.1144.45$175.11
$175.00$180.00Jul 10$0.12$4.88$0.1240.67$175.12
$165.00$167.50Jul 10$0.14$2.36$0.1416.86$165.14
$167.50$170.00Jul 10$0.14$2.36$0.1416.86$167.64
$172.50$175.00Jul 17$0.19$2.31$0.1912.16$172.69
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$133.00$130.00Jul 24$0.19$2.81$0.1914.79$132.81
$137.00$135.00Jul 17$0.14$1.86$0.1413.29$136.86
$143.00$140.00Jul 17$0.23$2.77$0.2312.04$142.77
$148.00$145.00Jul 10$0.30$2.70$0.309.00$147.70
$134.00$133.00Jul 17$0.11$0.89$0.118.09$133.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 114 found (best R:R 24.00, avg 1.32)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$136.00$142.00Jul 10$5.50$5.50$0.5011.00$141.50
$140.00$145.00Jul 17$4.45$4.45$0.558.09$144.45
$148.00$150.00Jul 24$1.67$1.67$0.335.06$149.67
$145.00$150.00Jul 17$4.12$4.12$0.884.68$149.12
$143.00$148.00Jul 24$4.05$4.05$0.954.26$147.05
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$175.00$162.50Jul 10$12.00$12.00$0.5024.00$163.00
$134.00$133.00Jul 10$0.83$0.83$0.174.88$133.17
$185.00$165.00Aug 21$14.42$14.42$5.582.58$170.58
$162.50$160.00Jul 10$1.80$1.80$0.702.57$160.70
$165.00$160.00Jul 17$3.57$3.57$1.432.50$161.43

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 33 found (avg debit $2.29, cheapest $0.08)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$175.00Jul 10Jul 17$0.3497.5%54.4%
$180.00Jul 10Jul 17$0.35105.3%61.3%
$170.00Jul 10Jul 17$0.9568.9%52.6%
$167.50Jul 10Jul 17$1.1767.8%51.6%
$165.00Jul 10Jul 17$1.6562.5%52.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$133.00Jul 10Jul 17$0.08133.0%65.3%
$130.00Jul 17Jul 24$0.1079.0%61.8%
$140.00Jul 10Jul 17$0.43109.5%61.4%
$143.00Jul 10Jul 17$0.8184.2%57.2%
$145.00Jul 10Jul 17$1.1060.8%53.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 36 found (cheapest 3.33% of stock, avg 11.23%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$157.50Jul 10$2.21$3.01$5.22$152.28$162.723.33%
$155.00Jul 10$3.68$1.88$5.56$149.44$160.563.55%
$160.00Jul 10$1.39$4.60$5.99$154.01$165.993.82%
$152.50Jul 10$5.35$1.07$6.42$146.08$158.924.10%
$162.50Jul 10$0.80$6.40$7.20$155.30$169.704.59%
$150.00Jul 10$7.25$0.62$7.87$142.13$157.875.02%
$148.00Jul 10$9.20$0.41$9.61$138.39$157.616.13%
$155.00Jul 17$6.10$4.20$10.30$144.70$165.306.57%
$157.50Jul 17$4.80$5.53$10.33$147.17$167.836.59%
$152.50Jul 17$7.45$3.22$10.67$141.83$163.176.81%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 131 found (cheapest 0.52% of stock, avg 6.92%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$167.50$149.00Jul 10$0.32$0.49$0.81$148.19$168.31
$167.50$150.00Jul 10$0.32$0.62$0.94$149.06$168.44
$165.00$149.00Jul 10$0.46$0.49$0.95$148.05$165.95
$165.00$150.00Jul 10$0.46$0.62$1.08$148.92$166.08
$162.50$149.00Jul 10$0.80$0.49$1.29$147.71$163.79
$167.50$141.00Jul 10$0.32$0.98$1.30$139.70$168.80
$167.50$152.50Jul 10$0.32$1.07$1.39$151.11$168.89
$162.50$150.00Jul 10$0.80$0.62$1.42$148.58$163.92
$165.00$141.00Jul 10$0.46$0.98$1.44$139.56$166.44
$165.00$152.50Jul 10$0.46$1.07$1.53$150.97$166.53

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 247 found (best R:R 19.00, avg credit $2.41)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
130/135140/145Aug 21$4.75$0.2519.00$130.25$144.75
128/129140/143Jul 31$2.83$0.1716.65$126.17$142.83
150/155160/165Aug 21$4.70$0.3015.67$150.30$164.70
135/137140/145Jul 17$4.59$0.4111.20$132.41$144.59
133/134140/145Jul 17$4.56$0.4410.36$129.44$144.56
130/135143/149Jul 31$5.46$0.5410.11$129.54$148.46
152/155158/160Jul 31$2.27$0.239.87$152.73$159.77
128/129155/158Jul 31$2.26$0.249.42$126.74$157.26
145/150160/165Aug 21$4.50$0.509.00$145.50$164.50
140/141152/155Jul 10$2.23$0.278.26$138.77$154.73

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 47 found (best R:R 49.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$152.50$155.00$157.50Jul 17$0.05$2.4549.00
$167.50$170.00$172.50Jul 17$0.06$2.4440.67
$160.00$165.00$170.00Aug 7$0.17$4.8328.41
$160.00$162.50$165.00Jul 17$0.11$2.3921.73
$170.00$172.50$175.00Jul 17$0.11$2.3921.73
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$155.00$160.00$165.00Aug 21$0.10$4.9049.00
$155.00$157.50$160.00Jul 17$0.07$2.4334.71
$150.00$152.50$155.00Jul 24$0.09$2.4126.78
$140.00$145.00$150.00Aug 21$0.20$4.8024.00
$145.00$150.00$155.00Aug 21$0.20$4.8024.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 66 found (best net $-4.31, 60 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$180.001:2Jul 24-$0.07$9.93
$170.00$180.001:2Aug 7-$2.37$7.63
$175.00$180.001:2Jul 10-$0.06$4.94
$170.00$175.001:2Jul 10-$0.42$4.58
$175.00$180.001:2Jul 17-$0.42$4.58
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$185.00$165.001:2Aug 21-$4.31$15.69
$148.00$138.001:2Jul 31-$2.52$7.48
$140.00$135.001:2Jul 10-$0.76$4.24
$135.00$130.001:2Jul 31-$1.15$3.85
$146.00$142.001:2Jul 24-$0.63$3.37

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 39 found (best yield 8.39%, avg 2.97%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$160.00Aug 21$13.150.512.1%8.39%10.49%33771
$160.00Aug 14$11.050.512.1%7.05%9.15%25
$157.50Jul 31$10.950.520.5%6.99%7.49%5--
$165.00Aug 21$10.950.465.3%6.99%12.28%23609
$160.00Jul 31$10.650.502.1%6.80%8.90%1260
$160.00Aug 7$10.450.502.1%6.67%8.77%18
$170.00Aug 21$8.900.418.5%5.68%14.16%3336
$162.50Jul 31$8.850.463.7%5.65%9.34%512
$165.00Aug 7$8.550.455.3%5.46%10.75%110
$167.50Jul 31$8.000.416.9%5.10%11.99%1--

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 6,820
Total Puts 21,585
Put/Call Ratio 3.17
Net Difference -14,765

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 86,976
Total Puts 56,583
Average Put/Call Ratio 0.94
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All