Tour v487
FTNT
FORTINET INC
$163.21 +0.78%
$163.22 (+0.01%)🌙
as of 08/03 06:29 PM
8/3 18:29

Option Volume

Detail
Current (08/03) 8,603
Calls: 3,741 (43%)
Puts: 4,862 (57%)
Prior (07/31) 15,910
Calls: 9,122 (57%)
Puts: 6,788 (43%)
Current vs Prior -45.93%
Calls: -58.99% (Calls)
Puts: -28.37% (Puts)
Prior 7-Day Total 85,890
Calls: 46,542 (54%)
Puts: 39,348 (46%)
Prior 7-Day Average 14,315
Calls: 6,648 (54%)
Puts: 5,621 (46%)
Current vs Prior 7-Day Avg -39.90%
Calls: -43.73%
Puts: -13.51%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/03) $6.96M
Calls: $4.30M (62%)
Puts: $2.66M (38%)
Prior (07/31) $7.85M
Calls: $5.87M (75%)
Puts: $1.98M (25%)
Current vs Prior -11.35%
Calls: -26.79%
Puts: +34.58%
Prior 7-Day Total $57.88M
Calls: $31.41M (54%)
Puts: $26.46M (46%)
Prior 7-Day Average $9.65M
Calls: $4.49M (54%)
Puts: $3.78M (46%)
Current vs Prior 7-Day Avg -27.88%
Calls: -4.21%
Puts: -29.69%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/03) 1.30
Prior (07/31) 0.74
Current vs Prior +74.65%
Prior 7-Day Average 1.07
Current vs Prior 7-Day Avg +21.56%
Sentiment BEARISH

Open Interest

Detail
Current (08/03) 78,453
Calls: 37,882 (48%)
Puts: 40,571 (52%)
Prior (07/31) 86,006
Calls: 39,887 (46%)
Puts: 46,119 (54%)
Current vs Prior -8.78%
Prior 7-Day Total 670,428
Calls: 307,921 (46%)
Puts: 362,507 (54%)
Prior 7-Day Average 111,738
Calls: 51,320 (46%)
Puts: 60,417 (54%)
Current vs Prior 7-Day Avg -29.79%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 5.86% | 8.33%9.93% | 16.04%
Prior 6.44% | 8.72%10.16% | 16.35%
Current vs Prior -9.05% | -4.49%-2.28% | -1.90%
Prior 7-Day Avg 10.90% | 12.81%14.94% | 19.87%
Current vs 7-Day Avg -46.25% | -34.93%-33.57% | -19.26%
Prior 7-Day Eod 6.44% | 8.72%10.16% | 16.35%
Current vs 7-Day Eod -9.05% | -4.49%-2.28% | -1.90%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 40.81% | 21.12%
Calls: 39.51% | 24.06%
Puts: 42.11% | 18.17%
Prior 40.81% | 21.12%
Calls: 39.51% | 24.06%
Puts: 42.11% | 18.17%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 24.08% | 16.36%
Calls: 23.97% | 18.18%
Puts: 24.20% | 14.53%
Current vs 7-Day Avg +69.44% | +29.11%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 62% call dollar volume ($4.30M). Below-average activity with volume down 46% vs prior. Bearish P/C ratio of 1.30 indicates protective positioning. P/C ratio rising 75% - 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 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 10 of results (avg 6.5%, best 3.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 216.456.75$6.604.5%150.49731
$167.50Aug 215.355.70$5.536.3%30.4452
$170.00Aug 214.454.80$4.637.6%300.39829
$140.00Aug 722.0023.80$22.907.9%30.9419
$172.50Aug 213.653.95$3.807.9%80.3441
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$165.00Aug 217.908.20$8.053.7%220.51330
$162.50Aug 216.606.90$6.754.4%550.4613
$160.00Aug 215.455.80$5.636.2%510.40454

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. 38 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$133.00Aug 728.5032.35$30.4312.7%11.002
$146.00Aug 715.6019.50$17.5522.2%40.985
$135.00Aug 2127.0530.20$28.6311.0%20.94--
$134.00Aug 727.8531.35$29.6011.8%10.94--
$140.00Aug 722.0023.80$22.907.9%30.9419
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$185.00Aug 719.7523.75$21.7518.4%10.87--
$170.00Aug 2110.7012.15$11.4312.7%10.62769
$165.00Aug 74.705.35$5.0312.9%30.55281
$165.00Aug 146.607.60$7.1014.1%60.538
$165.00Aug 217.908.20$8.053.7%220.51330

Most actively traded options today. High liquidity = easy entry/exit. 133 active (total vol 4.1K, top 514)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$170.00Aug 71.441.74$1.5918.9%5140.271.0K
$146.00Aug 2117.7520.35$19.0513.6%2000.851
$147.00Aug 2116.9019.55$18.2314.5%2000.8311
$165.00Aug 72.943.70$3.3222.9%1800.45460
$160.00Aug 218.8510.00$9.4312.2%1540.601.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$160.00Aug 72.342.80$2.5717.9%3210.3675
$147.00Aug 70.090.35$0.22118.2%3200.05301
$155.00Aug 71.011.16$1.0913.8%1710.19454
$145.00Aug 211.001.55$1.2743.3%1200.133.5K
$162.50Aug 216.606.90$6.754.4%550.4613

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 35 strikes (avg 25.0%, max 111.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$140.00Aug 7Aug 2199.1%51.8%91.5%20182
$190.00Aug 7Sep 1186.5%48.7%77.6%5--
$177.50Aug 7Aug 2164.4%52.3%23.2%2318
$157.50Aug 7Aug 2160.9%50.9%19.6%12524
$160.00Aug 7Sep 1160.4%50.7%19.3%64940
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$140.00Aug 7Sep 1199.1%47.0%111.0%161
$143.00Aug 7Aug 21106.8%56.0%90.7%633
$138.00Aug 7Aug 14105.9%58.0%82.5%7--
$145.00Aug 7Sep 1161.8%48.8%26.6%19122
$144.00Aug 7Aug 2167.4%56.4%19.6%445

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 88 found (best R:R 44.45, avg 4.17)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$190.00$195.00Aug 21$0.11$4.89$0.1144.45$190.11
$180.00$185.00Aug 14$0.29$4.71$0.2916.24$180.29
$180.00$182.50Aug 7$0.19$2.31$0.1912.16$180.19
$180.00$185.00Aug 21$0.48$4.52$0.489.42$180.48
$177.50$180.00Aug 7$0.26$2.24$0.268.62$177.76
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$140.00$135.00Aug 21$0.15$4.85$0.1532.33$139.85
$144.00$141.00Aug 14$0.18$2.82$0.1815.67$143.82
$140.00$135.00Aug 28$0.51$4.49$0.518.80$139.49
$149.00$148.00Aug 7$0.12$0.88$0.127.33$148.88
$150.00$147.00Aug 14$0.36$2.64$0.367.33$149.64

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 100 found (best R:R 12.51, avg 1.09)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$140.00$145.00Aug 21$4.63$4.63$0.3712.51$144.63
$140.00$146.00Aug 7$5.35$5.35$0.658.23$145.35
$150.00$152.50Aug 14$2.15$2.15$0.356.14$152.15
$133.00$134.00Aug 7$0.83$0.83$0.174.88$133.83
$135.00$150.00Sep 4$12.35$12.35$2.654.66$147.35
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$185.00$165.00Aug 7$16.72$16.72$3.285.10$168.28
$170.00$165.00Aug 21$3.38$3.38$1.622.09$166.62
$165.00$162.50Aug 7$1.45$1.45$1.051.38$163.55
$165.00$160.00Aug 14$2.67$2.67$2.331.15$162.33
$165.00$162.50Aug 21$1.30$1.30$1.201.08$163.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 33 found (avg debit $1.59, cheapest $0.40)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$190.00Aug 7Aug 21$0.5286.5%50.3%
$185.00Aug 14Aug 21$0.7058.3%53.5%
$180.00Aug 7Aug 14$0.8662.6%53.8%
$177.50Aug 7Aug 14$0.9964.4%53.9%
$152.50Aug 7Aug 14$1.2063.4%55.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$143.00Aug 7Aug 21$0.40106.8%56.0%
$135.00Aug 21Aug 28$0.5457.8%57.4%
$144.00Aug 7Aug 14$0.6067.4%57.2%
$145.00Aug 7Aug 14$0.7061.8%56.3%
$147.00Aug 7Aug 14$1.0062.7%58.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 30 found (cheapest 4.97% of stock, avg 10.66%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$162.50Aug 7$4.53$3.58$8.11$154.39$170.614.97%
$165.00Aug 7$3.32$5.03$8.35$156.65$173.355.12%
$160.00Aug 7$5.93$2.57$8.50$151.50$168.505.21%
$157.50Aug 7$7.50$1.76$9.26$148.24$166.765.67%
$155.00Aug 7$8.90$1.09$9.99$145.01$164.996.12%
$160.00Aug 14$7.88$4.43$12.31$147.69$172.317.54%
$152.50Aug 7$11.58$0.78$12.36$140.14$164.867.57%
$165.00Aug 14$5.43$7.10$12.53$152.47$177.537.68%
$150.00Aug 7$13.43$0.43$13.86$136.14$163.868.49%
$165.00Aug 21$6.60$8.05$14.65$150.35$179.658.98%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 116 found (cheapest 0.88% of stock, avg 4.35%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$175.00$152.50Aug 7$0.65$0.78$1.43$151.07$176.43
$172.50$152.50Aug 7$0.97$0.78$1.75$150.75$174.25
$175.00$155.00Aug 7$0.65$1.09$1.74$153.26$176.74
$172.50$155.00Aug 7$0.97$1.09$2.06$152.94$174.56
$170.00$152.50Aug 7$1.59$0.78$2.37$150.13$172.37
$175.00$157.50Aug 7$0.65$1.76$2.41$155.09$177.41
$170.00$155.00Aug 7$1.59$1.09$2.68$152.32$172.68
$172.50$157.50Aug 7$0.97$1.76$2.73$154.77$175.23
$167.50$152.50Aug 7$2.32$0.78$3.10$149.40$170.60
$175.00$160.00Aug 7$0.65$2.57$3.22$156.78$178.22

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 200 found (best R:R 15.67, avg credit $2.36)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
140/141150/152Aug 14$2.35$0.1515.67$138.65$152.35
140/142150/152Aug 7$2.34$0.1614.62$139.66$152.34
133/137152/155Aug 7$3.73$0.2713.81$133.27$156.23
138/139160/162Aug 14$2.29$0.2110.90$136.71$162.29
145/150160/165Sep 11$4.51$0.499.20$145.49$164.51
150/152160/162Aug 21$2.25$0.259.00$150.25$162.25
150/152155/158Aug 21$2.24$0.268.62$150.26$157.24
145/146147/149Aug 21$1.77$0.237.70$144.23$148.77
155/158160/162Aug 14$2.21$0.297.62$155.29$162.21
145/150160/165Sep 4$4.36$0.646.81$145.64$164.36

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 46 found (best R:R 82.33, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$175.00$180.00$185.00Aug 28$0.06$4.9482.33
$177.50$180.00$182.50Aug 7$0.07$2.4334.71
$167.50$170.00$172.50Aug 21$0.07$2.4334.71
$167.50$170.00$172.50Aug 7$0.11$2.3921.73
$170.00$172.50$175.00Aug 14$0.12$2.3819.83
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$140.00$145.00$150.00Aug 28$0.27$4.7317.52
$155.00$157.50$160.00Aug 7$0.14$2.3616.86
$135.00$140.00$145.00Sep 4$0.34$4.6613.71
$160.00$162.50$165.00Aug 21$0.18$2.3212.89
$157.50$160.00$162.50Aug 7$0.20$2.3011.50

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 $-5.40, 68 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$135.00$150.001:2Sep 4-$5.40$9.60
$182.50$190.001:2Aug 7-$0.46$7.04
$185.00$190.001:2Aug 21-$0.04$4.96
$152.50$160.001:2Aug 14-$2.98$4.52
$190.00$195.001:2Aug 21-$0.60$4.40
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$165.00$155.001:2Aug 28-$1.01$8.99
$160.00$150.001:2Sep 11-$1.40$8.60
$140.00$135.001:2Aug 21-$0.40$4.60
$140.00$135.001:2Aug 28-$0.58$4.42
$145.00$140.001:2Sep 11-$0.59$4.41

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 37 found (best yield 5.79%, avg 1.79%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$165.00Sep 11$9.450.511.1%5.79%6.89%1--
$165.00Sep 4$8.650.501.1%5.30%6.40%326
$165.00Aug 28$7.650.501.1%4.69%5.78%1053
$170.00Sep 4$6.550.434.2%4.01%8.17%26
$165.00Aug 21$6.450.491.1%3.95%5.05%15731
$170.00Aug 28$5.500.414.2%3.37%7.53%115
$167.50Aug 21$5.350.442.6%3.28%5.91%352
$165.00Aug 14$4.850.471.1%2.97%4.07%22118
$170.00Aug 21$4.450.394.2%2.73%6.89%30829
$175.00Aug 28$4.050.337.2%2.48%9.71%1134

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 3,741
Total Puts 4,862
Put/Call Ratio 1.30
Net Difference -1,121

Prior's Put/Call Breakdown

Total Calls 9,122
Total Puts 6,788
Put/Call Ratio 0.74
Net Difference 2,334

Prior 7-Day Put/Call Summary

Total Calls 46,542
Total Puts 39,348
Average Put/Call Ratio 1.07
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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