Tour v334
FTNT
FORTINET INC
$166.83 +3.87%
$167.10 (+0.16%)🌙
as of 07/14 06:55 PM
7/14 18:55

Option Volume

Detail
Current (07/14) 15,106
Calls: 10,013 (66%)
Puts: 5,093 (34%)
Prior (07/13) 11,584
Calls: 6,224 (54%)
Puts: 5,360 (46%)
Current vs Prior +30.40%
Calls: +60.88% (Calls)
Puts: -4.98% (Puts)
Prior 7-Day Total 139,336
Calls: 63,172 (45%)
Puts: 76,164 (55%)
Prior 7-Day Average 19,905
Calls: 9,024 (45%)
Puts: 10,880 (55%)
Current vs Prior 7-Day Avg -24.11%
Calls: +10.95%
Puts: -53.19%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/14) $12.02M
Calls: $8.43M (70%)
Puts: $3.59M (30%)
Prior (07/13) $7.56M
Calls: $5.80M (77%)
Puts: $1.75M (23%)
Current vs Prior +59.04%
Calls: +45.22%
Puts: +104.74%
Prior 7-Day Total $87.10M
Calls: $44.26M (51%)
Puts: $42.83M (49%)
Prior 7-Day Average $12.44M
Calls: $6.32M (51%)
Puts: $6.12M (49%)
Current vs Prior 7-Day Avg -3.40%
Calls: +33.26%
Puts: -41.28%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/14) 0.51
Prior (07/13) 0.86
Current vs Prior -40.94%
Prior 7-Day Average 1.38
Current vs Prior 7-Day Avg -63.26%
Sentiment BULLISH

Open Interest

Detail
Current (07/14) 101,166
Calls: 52,679 (52%)
Puts: 48,487 (48%)
Prior (07/13) 90,502
Calls: 42,920 (47%)
Puts: 47,582 (53%)
Current vs Prior +11.78%
Prior 7-Day Total 614,673
Calls: 324,142 (53%)
Puts: 290,531 (47%)
Prior 7-Day Average 87,810
Calls: 46,306 (53%)
Puts: 41,504 (47%)
Current vs Prior 7-Day Avg +15.21%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 4.75% | 8.19%4.75% | 20.46%
Prior 5.62% | 8.29%5.62% | 20.18%
Current vs Prior -15.56% | -1.19%-15.56% | +1.36%
Prior 7-Day Avg 5.18% | 7.88%6.89% | 20.36%
Current vs 7-Day Avg -8.27% | +3.92%-31.11% | +0.46%
Prior 7-Day Eod 5.62% | 8.29%5.62% | 20.18%
Current vs 7-Day Eod -15.56% | -1.19%-15.56% | +1.36%
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 11.33% | 7.90%
Calls: 12.24% | 9.80%
Puts: 10.42% | 6.00%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 70% call dollar volume ($8.43M). Elevated premium activity with dollar volume up 59% vs prior. Bullish P/C ratio of 0.51. P/C ratio dropping 41% - 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 NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
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 25 of results (avg 8.1%, best 2.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Aug 2119.0019.50$19.252.6%340.62818
$150.00Aug 2125.0026.25$25.634.9%280.72471
$140.00Aug 2131.1533.30$32.226.7%30.81168
$180.00Aug 2110.1010.80$10.456.7%920.42403
$145.00Aug 2127.7529.70$28.736.8%100.77371
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Aug 215.906.40$6.158.1%920.243.7K

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. 67 found (avg delta 0.76, highest 0.98)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$148.00Jul 1717.5520.05$18.8013.3%210.98--
$135.00Jul 1730.5032.90$31.707.6%10.98--
$140.00Jul 1725.5027.90$26.709.0%20.97--
$142.00Jul 1723.4026.00$24.7010.5%200.97--
$146.00Jul 1719.4522.10$20.7812.8%10.9615
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$180.00Jul 1712.4514.80$13.6317.2%50.94--
$175.00Jul 249.6511.85$10.7520.5%30.68--
$172.50Jul 247.9510.05$9.0023.3%30.635
$180.00Aug 720.1522.90$21.5312.8%10.60--
$170.00Jul 247.008.40$7.7018.2%90.566

Most actively traded options today. High liquidity = easy entry/exit. 171 active (total vol 11.6K, top 2.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Jul 173.804.85$4.3224.3%2.8K0.615.7K
$172.50Jul 171.171.98$1.5851.3%2.8K0.2930
$170.00Jul 244.305.40$4.8522.7%4520.44146
$170.00Jul 171.982.21$2.0911.0%2340.381.5K
$180.00Jul 170.130.41$0.27103.7%2170.07495
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$162.50Jul 171.172.18$1.6860.1%1.3K0.29114
$160.00Jul 171.031.52$1.2738.6%5180.22191
$155.00Jul 170.400.80$0.6066.7%4610.11764
$140.00Aug 214.505.05$4.7811.5%1600.194.8K
$155.00Aug 219.0010.20$9.6012.5%1110.33893

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 26 strikes (avg 35.1%, max 80.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$143.00Jul 17Jul 24116.7%64.8%80.0%40--
$141.00Jul 17Jul 24111.7%67.6%65.3%215
$135.00Jul 17Aug 21121.2%74.6%62.5%25--
$142.00Jul 17Jul 2498.9%64.9%52.4%405
$187.50Jul 17Jul 2481.6%54.1%50.7%117
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$135.00Jul 17Aug 21121.2%74.6%62.5%682.0K
$144.00Jul 17Aug 7138.6%85.8%61.6%9--
$142.00Jul 17Jul 2498.9%64.9%52.4%2162
$140.00Jul 17Aug 21106.6%73.6%44.8%1735.4K
$147.00Jul 17Jul 2484.6%61.0%38.8%9596

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 103 found (best R:R 17.18, avg 3.17)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$177.50$180.00Jul 17$0.17$2.33$0.1713.71$177.67
$187.50$190.00Jul 24$0.19$2.31$0.1912.16$187.69
$195.00$200.00Jul 31$0.48$4.52$0.489.42$195.48
$190.00$195.00Aug 7$0.55$4.45$0.558.09$190.55
$180.00$187.50Jul 24$1.02$6.48$1.026.35$181.02
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$147.00$145.00Jul 24$0.11$1.89$0.1117.18$146.89
$144.00$142.00Jul 24$0.12$1.88$0.1215.67$143.88
$152.50$150.00Jul 24$0.15$2.35$0.1515.67$152.35
$152.50$150.00Jul 17$0.20$2.30$0.2011.50$152.30
$155.00$152.50Jul 17$0.21$2.29$0.2110.90$154.79

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 118 found (best R:R 13.71, avg 1.20)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$152.50$155.00Jul 17$2.33$2.33$0.1713.71$154.83
$144.00$149.00Jul 24$4.61$4.61$0.3911.82$148.61
$150.00$152.50Jul 17$2.27$2.27$0.239.87$152.27
$149.00$152.50Jul 24$2.99$2.99$0.515.86$151.99
$152.50$155.00Jul 24$2.13$2.13$0.375.76$154.63
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$180.00$167.50Jul 17$10.03$10.03$2.474.06$169.97
$175.00$172.50Jul 24$1.75$1.75$0.752.33$173.25
$167.50$165.00Jul 24$1.68$1.68$0.822.05$165.82
$144.00$143.00Jul 17$0.60$0.60$0.401.50$143.40
$180.00$167.50Aug 7$7.43$7.43$5.071.47$172.57

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 43 found (avg debit $2.19, cheapest $0.25)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$135.00Jul 17Jul 24$0.25121.2%99.7%
$187.50Jul 17Jul 24$0.4081.6%54.1%
$139.00Jul 17Jul 24$0.41119.4%90.1%
$141.00Jul 17Jul 24$0.43111.7%67.6%
$140.00Jul 17Jul 24$0.45106.6%75.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$142.00Jul 17Jul 24$0.2998.9%64.9%
$145.00Jul 17Jul 24$0.4491.6%63.2%
$140.00Jul 17Jul 24$0.49106.6%75.5%
$147.00Jul 17Jul 24$0.5584.6%61.0%
$148.00Jul 17Jul 24$0.7667.1%60.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 47 found (cheapest 4.07% of stock, avg 13.19%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$165.00Jul 17$4.32$2.47$6.79$158.21$171.794.07%
$167.50Jul 17$3.25$3.60$6.85$160.65$174.354.11%
$162.50Jul 17$6.20$1.68$7.88$154.62$170.384.72%
$160.00Jul 17$7.75$1.27$9.02$150.98$169.025.41%
$157.50Jul 17$9.63$0.87$10.50$147.00$168.006.29%
$165.00Jul 24$7.33$4.65$11.98$153.02$176.987.18%
$167.50Jul 24$5.98$6.33$12.31$155.19$179.817.38%
$170.00Jul 24$4.85$7.70$12.55$157.45$182.557.52%
$155.00Jul 17$12.10$0.60$12.70$142.30$167.707.61%
$172.50Jul 24$3.70$9.00$12.70$159.80$185.207.61%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 130 found (cheapest 0.62% of stock, avg 7.70%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$177.50$155.00Jul 17$0.44$0.60$1.04$153.96$178.54
$177.50$157.50Jul 17$0.44$0.87$1.31$156.19$178.81
$175.00$155.00Jul 17$0.83$0.60$1.43$153.57$176.43
$175.00$157.50Jul 17$0.83$0.87$1.70$155.80$176.70
$177.50$160.00Jul 17$0.44$1.27$1.71$158.29$179.21
$175.00$160.00Jul 17$0.83$1.27$2.10$157.90$177.10
$177.50$162.50Jul 17$0.44$1.68$2.12$160.38$179.62
$172.50$155.00Jul 17$1.58$0.60$2.18$152.82$174.68
$172.50$157.50Jul 17$1.58$0.87$2.45$155.05$174.95
$175.00$162.50Jul 17$0.83$1.68$2.51$159.99$177.51

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 145 found (best R:R 40.67, avg credit $3.41)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
155/160165/170Aug 21$4.88$0.1240.67$155.12$169.88
155/160170/175Aug 21$4.81$0.1925.32$155.19$174.81
140/145150/155Jul 31$4.80$0.2024.00$140.20$154.80
146/148150/155Jul 31$4.63$0.3712.51$143.37$154.63
146/148162/165Jul 31$2.30$0.2011.50$145.70$164.80
146/148165/168Jul 31$2.30$0.2011.50$145.70$167.30
155/160175/180Aug 21$4.58$0.4210.90$155.42$179.58
160/162172/175Jul 31$2.28$0.2210.36$160.22$174.78
155/160180/185Aug 21$4.43$0.577.77$155.57$184.43
146/148172/175Jul 31$2.18$0.326.81$145.82$174.68

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 50 found (best R:R 70.43, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$165.00$170.00$175.00Aug 21$0.07$4.9370.43
$135.00$140.00$145.00Aug 21$0.14$4.8634.71
$175.00$180.00$185.00Aug 21$0.15$4.8532.33
$180.00$182.50$185.00Jul 17$0.08$2.4230.25
$162.50$165.00$167.50Jul 24$0.10$2.4024.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$152.50$155.00$157.50Jul 17$0.06$2.4440.67
$155.00$157.50$160.00Jul 24$0.09$2.4126.78
$150.00$155.00$160.00Jul 31$0.20$4.8024.00
$140.00$145.00$150.00Aug 21$0.21$4.7922.81
$155.00$157.50$160.00Jul 17$0.13$2.3718.23

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 75 found (best net $-1.08, 66 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$185.001:2Aug 7-$1.08$13.92
$190.00$200.001:2Jul 24-$0.59$9.41
$180.00$190.001:2Jul 31-$1.91$8.09
$180.00$190.001:2Aug 14-$3.20$6.80
$190.00$200.001:2Aug 28-$3.45$6.55
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$180.00$167.501:2Aug 7-$6.67$5.83
$160.00$150.001:2Aug 28-$4.83$5.17
$140.00$135.001:2Jul 17-$0.12$4.88
$145.00$140.001:2Jul 31-$2.01$2.99
$140.00$135.001:2Aug 21-$2.62$2.38

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 43 found (best yield 8.36%, avg 3.31%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$170.00Aug 21$13.950.521.9%8.36%10.26%41557
$170.00Aug 28$13.250.521.9%7.94%9.84%1--
$167.50Jul 31$12.150.530.4%7.28%7.68%621
$170.00Aug 7$12.150.511.9%7.28%9.18%156
$175.00Aug 21$11.900.474.9%7.13%12.03%22670
$170.00Aug 14$11.450.511.9%6.86%8.76%162
$170.00Jul 31$11.100.501.9%6.65%8.55%11183
$180.00Aug 21$10.100.427.9%6.05%13.95%92403
$172.50Jul 31$9.950.473.4%5.96%9.36%21
$180.00Aug 28$9.250.427.9%5.54%13.44%2--

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 10,013
Total Puts 5,093
Put/Call Ratio 0.51
Net Difference 4,920

Prior's Put/Call Breakdown

Total Calls 6,224
Total Puts 5,360
Put/Call Ratio 0.86
Net Difference 864

Prior 7-Day Put/Call Summary

Total Calls 63,172
Total Puts 76,164
Average Put/Call Ratio 1.38
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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