Tour v394
FTNT
FORTINET INC
$151.54 -2.26%
$150.84 (-0.46%)🌙
as of 07/23 06:34 PM
(7/22 19:26) ◀
|
Thursday, July 23, 2026 (6:34pm)
January 2026
|
▶ (7/24 02:28)
◀ 7/23 18:34 ▶

Option Volume

Detail
ℹ
Current (07/23) 12,115
Calls: 6,777 (56%)
Puts: 5,338 (44%)
Prior (07/22) 10,258
Calls: 7,399 (72%)
Puts: 2,859 (28%)
Current vs Prior +18.10%
Calls: -8.41% (Calls)
Puts: +86.71% (Puts)
Prior 7-Day Total 76,142
Calls: 46,640 (61%)
Puts: 29,502 (39%)
Prior 7-Day Average 10,877
Calls: 6,662 (61%)
Puts: 4,214 (39%)
Current vs Prior 7-Day Avg +11.38%
Calls: +1.71%
Puts: +26.66%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (07/23) $6.41M
Calls: $3.60M (56%)
Puts: $2.81M (44%)
Prior (07/22) $4.69M
Calls: $2.13M (45%)
Puts: $2.57M (55%)
Current vs Prior +36.63%
Calls: +69.54%
Puts: +9.37%
Prior 7-Day Total $50.43M
Calls: $34.12M (68%)
Puts: $16.31M (32%)
Prior 7-Day Average $7.20M
Calls: $4.87M (68%)
Puts: $2.33M (32%)
Current vs Prior 7-Day Avg -11.03%
Calls: -26.06%
Puts: +20.43%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/23) 0.79
Prior (07/22) 0.39
Current vs Prior +103.84%
Prior 7-Day Average 0.70
Current vs Prior 7-Day Avg +12.71%
Sentiment NEUTRAL

Open Interest

Detail
ℹ
Current (07/23) 64,210
Calls: 33,782 (53%)
Puts: 30,428 (47%)
Prior (07/22) 77,674
Calls: 34,965 (45%)
Puts: 42,709 (55%)
Current vs Prior -17.33%
Prior 7-Day Total 570,155
Calls: 296,916 (52%)
Puts: 273,239 (48%)
Prior 7-Day Average 81,450
Calls: 42,416 (52%)
Puts: 39,034 (48%)
Current vs Prior 7-Day Avg -21.17%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 3.57% | 14.34%17.70% | 22.48%
Prior 4.55% | 14.27%17.96% | 22.85%
Current vs Prior -21.48% | +0.47%-1.43% | -1.64%
Prior 7-Day Avg 5.03% | 11.69%9.85% | 21.18%
Current vs 7-Day Avg -29.08% | +22.61%+79.80% | +6.10%
Prior 7-Day Eod 4.55% | 14.27%17.96% | 22.85%
Current vs 7-Day Eod -21.48% | +0.47%-1.43% | -1.64%
Sentiment BULLISHBULLISH

Relative Spread

Detail
ℹ
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
+
Add Card

🤖 AI Insights

P/C ratio rising 104% - increased hedging/bearish positioning. Declining open interest (down 17%) indicates positions being closed.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
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 6 of results (avg 8.7%, best 7.5%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$145.00Aug 2115.4516.65$16.057.5%140.62337
$135.00Aug 1420.9022.80$21.858.7%20.75--
$135.00Aug 2121.5023.55$22.539.1%10.74449
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$175.00Aug 2127.1029.30$28.207.8%10.7239
$155.00Aug 1413.0514.30$13.689.1%110.5123
$180.00Aug 729.7032.75$31.239.8%10.78--

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 0.71, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$137.00Jul 2413.4516.55$15.0020.7%10.95--
$140.00Jul 2410.4513.65$12.0526.6%10.9225
$129.00Jul 2421.2524.55$22.9014.4%10.8921
$125.00Jul 3127.0530.00$28.5310.3%10.896
$133.00Jul 2417.2520.55$18.9017.5%10.88--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Jul 2416.5019.85$18.1818.4%30.9910
$165.00Jul 2412.0014.80$13.4020.9%190.99110
$160.00Jul 246.559.85$8.2040.2%120.9569
$162.50Jul 249.0012.35$10.6831.4%170.92189
$157.50Jul 244.257.45$5.8554.7%230.881.8K

Most actively traded options today. High liquidity = easy entry/exit. 154 active (total vol 9.9K, top 1.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Jul 240.070.15$0.1172.7%1.8K0.052.0K
$160.00Jul 316.007.55$6.7822.9%1.6K0.4065
$165.00Jul 240.000.05$0.03166.7%2740.011.7K
$157.50Jul 240.140.44$0.29103.4%2290.12134
$155.00Jul 317.859.40$8.6318.0%2240.47562
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$150.00Jul 240.821.85$1.3476.9%1.7K0.383.5K
$140.00Jul 313.955.00$4.4723.5%1.6K0.28--
$150.00Jul 318.159.95$9.0519.9%3700.45240
$160.00Aug 2116.3518.70$17.5213.4%2130.56241
$165.00Aug 2118.6522.00$20.3316.5%2000.62165

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 23 strikes (avg 73.3%, max 246.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$175.00Jul 24Aug 21219.4%75.1%192.2%18725
$135.00Jul 24Aug 21203.8%71.8%184.1%2449
$133.00Jul 24Aug 7230.2%89.4%157.6%5--
$180.00Jul 24Aug 21151.3%71.6%111.1%13694
$177.50Jul 24Jul 31207.3%116.2%78.4%84219
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$130.00Jul 24Aug 28249.5%71.9%246.8%2--
$128.00Jul 24Jul 31277.6%110.1%152.2%411
$136.00Jul 24Aug 7202.1%90.0%124.5%182
$135.00Jul 31Aug 21115.3%71.8%60.7%1255
$125.00Jul 31Aug 21113.4%73.4%54.6%2--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 100 found (best R:R 45.15, avg 3.32)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$167.50$170.00Jul 24$0.13$2.37$0.1318.23$167.63
$157.50$160.00Jul 24$0.18$2.32$0.1812.89$157.68
$165.00$167.50Aug 7$0.18$2.32$0.1812.89$165.18
$162.50$165.00Jul 24$0.22$2.28$0.2210.36$162.72
$175.00$177.50Jul 31$0.29$2.21$0.297.62$175.29
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$136.00$130.00Jul 24$0.13$5.87$0.1345.15$135.87
$140.00$137.00Jul 24$0.20$2.80$0.2014.00$139.80
$134.00$132.00Aug 7$0.15$1.85$0.1512.33$133.85
$140.00$138.00Jul 31$0.17$1.83$0.1710.76$139.83
$147.00$145.00Jul 24$0.21$1.79$0.218.52$146.79

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 114 found (best R:R 21.73, avg 1.36)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$133.00$134.00Jul 24$0.88$0.88$0.127.33$133.88
$147.00$150.00Jul 24$2.58$2.58$0.426.14$149.58
$128.00$140.00Jul 31$9.00$9.00$3.003.00$137.00
$135.00$136.00Jul 24$0.73$0.73$0.272.70$135.73
$133.00$135.00Aug 7$1.42$1.42$0.582.45$134.42
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$170.00$165.00Jul 24$4.78$4.78$0.2221.73$165.22
$160.00$157.50Jul 24$2.35$2.35$0.1515.67$157.65
$180.00$170.00Aug 7$8.03$8.03$1.974.08$171.97
$175.00$165.00Aug 21$7.87$7.87$2.133.69$167.13
$138.00$137.00Jul 31$0.77$0.77$0.233.35$137.23

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 41 found (avg debit $4.79, cheapest $0.35)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$145.00Aug 14Aug 21$0.3577.7%73.7%
$180.00Jul 24Jul 31$1.93151.3%111.3%
$175.00Jul 24Jul 31$2.11219.4%114.4%
$177.50Jul 24Jul 31$2.14207.3%116.2%
$172.50Jul 24Jul 31$3.07160.0%114.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$135.00Jul 31Aug 7$0.44115.3%89.6%
$128.00Jul 24Jul 31$0.72277.6%110.1%
$138.00Jul 31Aug 7$0.90111.5%91.1%
$134.00Jul 31Aug 7$0.91109.8%91.0%
$125.00Jul 31Aug 14$1.01113.4%80.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 42 found (cheapest 2.67% of stock, avg 13.83%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$152.50Jul 24$1.53$2.51$4.04$148.46$156.542.67%
$150.00Jul 24$2.90$1.34$4.24$145.76$154.242.80%
$155.00Jul 24$0.65$4.18$4.83$150.17$159.833.19%
$147.00Jul 24$5.48$0.55$6.03$140.97$153.033.98%
$157.50Jul 24$0.29$5.85$6.14$151.36$163.644.05%
$160.00Jul 24$0.11$8.20$8.31$151.69$168.315.48%
$162.50Jul 24$0.25$10.68$10.93$151.57$173.437.21%
$140.00Jul 24$12.05$0.30$12.35$127.65$152.358.15%
$165.00Jul 24$0.03$13.40$13.43$151.57$178.438.86%
$137.00Jul 24$15.00$0.10$15.10$121.90$152.109.96%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 112 found (cheapest 0.53% of stock, avg 8.22%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$162.50$147.00Jul 24$0.25$0.55$0.80$146.20$163.30
$157.50$147.00Jul 24$0.29$0.55$0.84$146.16$158.34
$162.50$148.00Jul 24$0.25$0.70$0.95$147.05$163.45
$157.50$148.00Jul 24$0.29$0.70$0.99$147.01$158.49
$162.50$149.00Jul 24$0.25$0.88$1.13$147.87$163.63
$157.50$149.00Jul 24$0.29$0.88$1.17$147.83$158.67
$155.00$147.00Jul 24$0.65$0.55$1.20$145.80$156.20
$162.50$136.00Jul 24$0.25$1.07$1.32$134.68$163.82
$155.00$148.00Jul 24$0.65$0.70$1.35$146.65$156.35
$175.00$147.00Jul 24$0.80$0.55$1.35$145.65$176.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 213 found (best R:R 14.15, avg credit $2.57)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
130/135140/145Aug 21$4.67$0.3314.15$130.33$144.67
130/132158/160Aug 7$2.33$0.1713.71$129.67$159.83
150/152165/168Aug 21$2.32$0.1812.89$150.18$167.32
137/140147/150Jul 24$2.78$0.2212.64$137.22$149.78
140/142168/170Aug 7$2.30$0.2011.50$139.70$169.80
145/150160/165Aug 21$4.53$0.479.64$145.47$164.53
141/145147/150Jul 31$3.54$0.467.70$141.46$150.54
150/152158/160Aug 21$2.20$0.307.33$150.30$159.70
150/155160/165Aug 7$4.37$0.636.94$150.63$164.37
125/130135/140Aug 21$4.28$0.725.94$125.72$139.28

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 42 found (best R:R 32.33, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$170.00$175.00$180.00Aug 21$0.15$4.8532.33
$165.00$167.50$170.00Jul 31$0.15$2.3515.67
$172.50$175.00$177.50Jul 31$0.16$2.3414.62
$155.00$157.50$160.00Jul 24$0.18$2.3212.89
$167.50$170.00$172.50Jul 31$0.21$2.2910.90
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$157.50$160.00$162.50Jul 24$0.13$2.3718.23
$148.00$149.00$150.00Jul 31$0.06$0.9415.67
$125.00$130.00$135.00Aug 21$0.43$4.5710.63
$160.00$162.50$165.00Jul 24$0.24$2.269.42
$140.00$145.00$150.00Aug 21$0.65$4.356.69

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 54 found (best net $-1.08, 45 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$150.00$165.001:2Aug 14-$1.08$13.92
$135.00$150.001:2Aug 7-$3.08$11.92
$170.00$180.001:2Aug 7-$1.79$8.21
$140.00$146.001:2Jul 24-$0.11$5.89
$128.00$140.001:2Jul 31-$7.58$4.42
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$155.001:2Aug 7-$3.60$11.40
$135.00$125.001:2Aug 14-$0.22$9.78
$150.00$140.001:2Aug 14-$2.01$7.99
$136.00$130.001:2Jul 24-$0.81$5.19
$150.00$142.001:2Aug 7-$3.28$4.72

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 37 found (best yield 7.69%, avg 3.42%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$155.00Aug 28$11.650.512.3%7.69%9.97%31
$152.50Aug 21$11.250.520.6%7.42%8.06%3--
$155.00Aug 21$9.900.492.3%6.53%8.82%88266
$152.50Jul 31$9.000.510.6%5.94%6.57%17632
$160.00Sep 4$8.950.465.6%5.91%11.49%1--
$157.50Aug 21$8.850.463.9%5.84%9.77%943
$160.00Aug 21$8.450.445.6%5.58%11.16%15785
$155.00Aug 7$8.350.492.3%5.51%7.79%1--
$155.00Jul 31$7.850.472.3%5.18%7.46%224562
$157.50Aug 7$7.650.463.9%5.05%8.98%23122

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 6,777
Total Puts 5,338
Put/Call Ratio 0.79
Net Difference 1,439

Prior's Put/Call Breakdown

Total Calls 7,399
Total Puts 2,859
Put/Call Ratio 0.39
Net Difference 4,540

Prior 7-Day Put/Call Summary

Total Calls 46,640
Total Puts 29,502
Average Put/Call Ratio 0.70
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