Tour v472
FTNT
FORTINET INC
$154.25 +0.67%
$154.09 (-0.10%)🌙
as of 07/30 06:45 PM
7/30 18:45

Option Volume

Detail
Current (07/30) 22,907
Calls: 14,861 (65%)
Puts: 8,046 (35%)
Prior (07/29) 20,517
Calls: 10,587 (52%)
Puts: 9,930 (48%)
Current vs Prior +11.65%
Calls: +40.37% (Calls)
Puts: -18.97% (Puts)
Prior 7-Day Total 78,096
Calls: 43,409 (56%)
Puts: 34,687 (44%)
Prior 7-Day Average 11,156
Calls: 6,201 (56%)
Puts: 4,955 (44%)
Current vs Prior 7-Day Avg +105.32%
Calls: +139.64%
Puts: +62.37%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/30) $14.30M
Calls: $7.31M (51%)
Puts: $7.00M (49%)
Prior (07/29) $12.39M
Calls: $6.83M (55%)
Puts: $5.56M (45%)
Current vs Prior +15.46%
Calls: +7.03%
Puts: +25.81%
Prior 7-Day Total $51.63M
Calls: $27.53M (53%)
Puts: $24.10M (47%)
Prior 7-Day Average $7.38M
Calls: $3.93M (53%)
Puts: $3.44M (47%)
Current vs Prior 7-Day Avg +93.91%
Calls: +85.76%
Puts: +103.23%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/30) 0.54
Prior (07/29) 0.94
Current vs Prior -42.28%
Prior 7-Day Average 0.94
Current vs Prior 7-Day Avg -42.58%
Sentiment BULLISH

Open Interest

Detail
Current (07/30) 100,042
Calls: 49,650 (50%)
Puts: 50,392 (50%)
Prior (07/29) 174,245
Calls: 80,231 (46%)
Puts: 94,014 (54%)
Current vs Prior -42.59%
Prior 7-Day Total 700,855
Calls: 317,083 (45%)
Puts: 383,772 (55%)
Prior 7-Day Average 100,122
Calls: 45,297 (45%)
Puts: 54,824 (55%)
Current vs Prior 7-Day Avg -0.08%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 4.47% | 8.06%11.41% | 16.83%
Prior 14.44% | 15.64%17.15% | 21.37%
Current vs Prior -69.03% | -48.47%-33.48% | -21.26%
Prior 7-Day Avg 9.70% | 14.76%17.44% | 22.06%
Current vs 7-Day Avg -53.87% | -45.39%-34.58% | -23.72%
Prior 7-Day Eod 14.44% | 15.64%17.15% | 21.37%
Current vs 7-Day Eod -69.03% | -48.47%-33.48% | -21.26%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 40.81% | 21.12%
Calls: 39.51% | 24.06%
Puts: 42.11% | 18.17%
Prior 26.89% | 24.38%
Calls: 25.23% | 20.74%
Puts: 28.56% | 28.02%
Current vs Prior +51.77% | -13.37%
Prior 7-Day Avg 13.84% | 11.37%
Calls: 14.50% | 12.91%
Puts: 13.18% | 9.83%
Current vs 7-Day Avg +194.87% | +85.71%
Liquidity Expensive
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🤖 AI Insights

Dollar volume significantly above 7-day average (94% higher). Volume explosion - 105% above 7-day average (22,907 vs avg 11,156). Bullish P/C ratio of 0.54. P/C ratio dropping 42% - 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 2 of results (avg 9.0%, best 8.9%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Jul 3128.3031.00$29.659.1%41.00--
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$185.00Jul 3129.1031.80$30.458.9%21.00--

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. 81 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$125.00Jul 3128.3031.00$29.659.1%41.00--
$135.00Jul 3118.3020.80$19.5512.8%110.9820
$138.00Jul 3115.3018.15$16.7317.0%10.98--
$126.00Aug 727.5030.50$29.0010.3%10.95--
$136.00Jul 3117.2520.35$18.8016.5%10.94--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Jul 3114.1016.35$15.2314.8%131.006
$175.00Jul 3119.1021.80$20.4513.2%221.0024
$180.00Jul 3123.8026.80$25.3011.9%11.00--
$185.00Jul 3129.1031.80$30.458.9%21.00--
$167.50Jul 3111.4514.40$12.9322.8%10.99--

Most actively traded options today. High liquidity = easy entry/exit. 230 active (total vol 15.6K, top 1.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$162.50Jul 310.320.55$0.4452.3%1.1K0.13171
$165.00Jul 310.080.40$0.24133.3%8830.08795
$160.00Aug 72.803.65$3.2226.4%8630.3625
$170.00Jul 310.000.17$0.09188.9%7810.03785
$167.50Jul 310.000.42$0.21200.0%7270.06152
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Aug 2116.7019.00$17.8512.9%4260.751.0K
$140.00Jul 310.040.70$0.37178.4%3970.071.1K
$145.00Aug 213.604.20$3.9015.4%3850.293.8K
$147.00Aug 71.883.05$2.4747.4%2970.2815
$155.00Jul 312.253.45$2.8542.1%2440.51948

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 55 strikes (avg 122.2%, max 323.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$177.50Jul 31Aug 21176.6%52.5%236.6%25160
$125.00Jul 31Sep 4174.8%58.7%197.9%5--
$180.00Jul 31Aug 28144.1%51.9%177.4%358684
$185.00Jul 31Aug 21155.5%56.7%174.4%70722
$140.00Jul 31Aug 21141.1%53.7%162.5%837
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$130.00Jul 31Sep 11219.0%51.7%323.5%113274
$131.00Jul 31Aug 7273.5%72.3%278.2%639
$133.00Jul 31Aug 7218.8%70.5%210.4%3571
$132.00Jul 31Aug 7264.2%88.3%199.3%7242
$125.00Jul 31Aug 28174.8%61.4%184.8%167236

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 119 found (best R:R 37.46, avg 3.63)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$167.50$170.00Jul 31$0.12$2.38$0.1219.83$167.62
$172.50$175.00Jul 31$0.15$2.35$0.1515.67$172.65
$180.00$185.00Aug 14$0.37$4.63$0.3712.51$180.37
$162.50$165.00Jul 31$0.20$2.30$0.2011.50$162.70
$180.00$182.50Aug 7$0.21$2.29$0.2110.90$180.21
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$135.00$130.00Aug 21$0.13$4.87$0.1337.46$134.87
$135.00$130.00Aug 14$0.35$4.65$0.3513.29$134.65
$130.00$125.00Aug 21$0.35$4.65$0.3513.29$129.65
$135.00$130.00Aug 28$0.52$4.48$0.528.62$134.48
$130.00$125.00Aug 28$0.63$4.37$0.636.94$129.37

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 163 found (best R:R 39.00, avg 2.08)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$140.00$144.00Jul 31$3.90$3.90$0.1039.00$143.90
$128.00$136.00Aug 7$7.73$7.73$0.2728.63$135.73
$127.00$137.00Aug 14$9.07$9.07$0.939.75$136.07
$136.00$140.00Aug 7$3.62$3.62$0.389.53$139.62
$131.00$132.00Jul 31$0.88$0.88$0.127.33$131.88
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$180.00$175.00Jul 31$4.85$4.85$0.1532.33$175.15
$167.50$165.00Jul 31$2.30$2.30$0.2011.50$165.20
$170.00$167.50Jul 31$2.30$2.30$0.2011.50$167.70
$142.00$141.00Jul 31$0.84$0.84$0.165.25$141.16
$162.50$160.00Jul 31$2.02$2.02$0.484.21$160.48

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 50 found (avg debit $1.52, cheapest $0.12)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Jul 31Aug 7$0.35193.0%78.7%
$175.00Jul 31Aug 7$0.42113.1%58.7%
$136.00Jul 31Aug 7$0.47175.1%67.1%
$172.50Jul 31Aug 7$0.49128.5%59.1%
$180.00Jul 31Aug 7$0.78144.1%79.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$139.00Jul 31Aug 7$0.12164.0%58.3%
$130.00Jul 31Aug 7$0.14219.0%79.4%
$136.00Jul 31Aug 7$0.27175.1%67.1%
$137.00Jul 31Aug 7$0.34156.7%63.2%
$135.00Jul 31Aug 7$0.37133.7%63.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 74 found (cheapest 3.54% of stock, avg 10.80%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$155.00Jul 31$2.61$2.85$5.46$149.54$160.463.54%
$152.50Jul 31$4.05$1.90$5.95$146.55$158.453.86%
$157.50Jul 31$1.62$4.43$6.05$151.45$163.553.92%
$150.00Jul 31$5.78$1.14$6.92$143.08$156.924.49%
$160.00Jul 31$0.87$6.18$7.05$152.95$167.054.57%
$148.00Jul 31$7.35$0.67$8.02$139.98$156.025.20%
$162.50Jul 31$0.44$8.20$8.64$153.86$171.145.60%
$147.00Jul 31$8.13$0.60$8.73$138.27$155.735.66%
$146.00Jul 31$9.07$0.36$9.43$136.57$155.436.11%
$145.00Jul 31$9.98$0.34$10.32$134.68$155.326.69%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 143 found (cheapest 0.54% of stock, avg 5.29%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$165.00$147.00Jul 31$0.24$0.60$0.84$146.16$165.84
$165.00$148.00Jul 31$0.24$0.67$0.91$147.09$165.91
$162.50$147.00Jul 31$0.44$0.60$1.04$145.96$163.54
$162.50$148.00Jul 31$0.44$0.67$1.11$146.89$163.61
$165.00$150.00Jul 31$0.24$1.14$1.38$148.62$166.38
$165.00$149.00Jul 31$0.24$1.13$1.37$147.63$166.37
$160.00$147.00Jul 31$0.87$0.60$1.47$145.53$161.47
$160.00$148.00Jul 31$0.87$0.67$1.54$146.46$161.54
$162.50$150.00Jul 31$0.44$1.14$1.58$148.42$164.08
$162.50$149.00Jul 31$0.44$1.13$1.57$147.43$164.07

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 175 found (best R:R 18.23, avg credit $2.12)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
131/132140/145Aug 7$4.74$0.2618.23$127.26$144.74
140/141142/145Aug 14$2.78$0.2212.64$138.22$144.78
137/138145/146Aug 14$0.89$0.118.09$137.11$145.89
145/146148/149Aug 21$0.88$0.127.33$145.12$148.88
137/138148/149Aug 14$0.87$0.136.69$137.13$148.87
135/136140/145Aug 7$4.34$0.666.58$131.66$144.34
142/143145/148Aug 7$2.56$0.445.82$140.44$147.56
131/132148/150Aug 7$1.70$0.305.67$130.30$149.70
145/146149/150Aug 21$0.85$0.155.67$145.15$149.85
131/132150/152Aug 7$2.12$0.385.58$129.88$152.12

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 80 found (best R:R 61.50, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$160.00$162.50$165.00Aug 7$0.09$2.4126.78
$155.00$160.00$165.00Aug 28$0.21$4.7922.81
$170.00$175.00$180.00Aug 28$0.21$4.7922.81
$147.00$148.00$149.00Aug 21$0.05$0.9519.00
$175.00$177.50$180.00Aug 14$0.13$2.3718.23
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$150.00$155.00$160.00Aug 28$0.08$4.9261.50
$155.00$157.50$160.00Aug 14$0.14$2.3616.86
$147.00$148.00$149.00Aug 21$0.06$0.9415.67
$155.00$157.50$160.00Jul 31$0.17$2.3313.71
$160.00$162.50$165.00Aug 7$0.17$2.3313.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 104 found (best net $-0.80, 90 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$160.00$170.001:2Sep 4-$0.80$9.20
$160.00$170.001:2Sep 11-$2.35$7.65
$145.00$155.001:2Sep 4-$3.60$6.40
$180.00$185.001:2Aug 14-$0.22$4.78
$170.00$175.001:2Aug 14-$0.44$4.56
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$170.00$160.001:2Aug 14-$2.80$7.20
$140.00$135.001:2Aug 21-$0.03$4.97
$135.00$130.001:2Aug 14-$0.26$4.74
$170.00$160.001:2Aug 28-$5.38$4.62
$130.00$125.001:2Aug 21-$0.47$4.53

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 49 found (best yield 5.45%, avg 1.77%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$155.00Sep 4$8.400.520.5%5.45%5.93%1758
$155.00Aug 28$7.750.510.5%5.02%5.51%1328
$160.00Sep 11$7.050.463.7%4.57%8.30%7--
$155.00Aug 21$6.900.520.5%4.47%4.96%65259
$155.00Aug 14$6.250.510.5%4.05%4.54%9821
$157.50Aug 21$6.050.472.1%3.92%6.03%4286
$160.00Sep 4$6.050.453.7%3.92%7.65%1214
$160.00Aug 28$5.900.433.7%3.82%7.55%2360
$160.00Aug 21$5.300.423.7%3.44%7.16%5031.1K
$155.00Aug 7$4.650.500.5%3.01%3.50%379387

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 14,861
Total Puts 8,046
Put/Call Ratio 0.54
Net Difference 6,815

Prior's Put/Call Breakdown

Total Calls 10,587
Total Puts 9,930
Put/Call Ratio 0.94
Net Difference 657

Prior 7-Day Put/Call Summary

Total Calls 43,409
Total Puts 34,687
Average Put/Call Ratio 0.94
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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