Tour v472
FTNT
FORTINET INC
$159.21 +3.91%
7/30 10:05

Option Volume

Detail
Current (07/30 10:05am) 5,674
Calls: 2,807 (49%)
Puts: 2,867 (51%)
Prior --
Calls: 3,975 (52%)
Puts: 3,630 (48%)
Current vs Prior +0.00%
Calls: -29.38% (Calls)
Puts: -21.02% (Puts)
Prior 7-Day Total 84,886
Calls: 32,673 (38%)
Puts: 52,213 (62%)
Prior 7-Day Average 12,126
Calls: 4,667 (38%)
Puts: 7,459 (62%)
Current vs Prior 7-Day Avg -53.21%
Calls: -39.86%
Puts: -61.56%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/30 10:05am) $2.78M
Calls: $1.36M (49%)
Puts: $1.42M (51%)
Prior --
Calls: $2.01M (54%)
Puts: $1.73M (46%)
Current vs Prior +0.00%
Calls: -32.49%
Puts: -17.82%
Prior 7-Day Total $39.28M
Calls: $16.54M (42%)
Puts: $22.74M (58%)
Prior 7-Day Average $5.61M
Calls: $2.36M (42%)
Puts: $3.25M (58%)
Current vs Prior 7-Day Avg -50.50%
Calls: -42.59%
Puts: -56.25%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/30 10:05am) 1.02
Prior 1.00
Current vs Prior +2.14%
Prior 7-Day Average 1.20
Current vs Prior 7-Day Avg -14.84%
Sentiment BEARISH

Open Interest

Detail
Current (07/30 10:05am) 183,851
Calls: 85,859 (47%)
Puts: 97,992 (53%)
Prior --
Calls: -- (--)
Puts: -- (--)
Current vs Prior +0.00%
Prior 7-Day Total 1,287,786
Calls: 575,438 (45%)
Puts: 712,348 (55%)
Prior 7-Day Average 183,969
Calls: 82,205 (45%)
Puts: 101,764 (55%)
Current vs Prior 7-Day Avg -0.06%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 6.83% | 9.33%11.70% | 16.90%
Prior 14.08% | 14.88%16.26% | 21.20%
Current vs Prior -51.47% | -37.33%-28.07% | -20.26%
Prior 7-Day Avg 12.35% | 12.94%16.57% | 21.13%
Current vs 7-Day Avg -44.69% | -27.92%-29.41% | -19.99%
Prior 7-Day Eod 14.08% | 14.88%17.15% | 21.37%
Current vs 7-Day Eod -51.47% | -37.33%-31.81% | -20.92%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 42.99% | 32.41%
Calls: 40.34% | 30.77%
Puts: 45.64% | 34.04%
Prior 26.89% | 24.38%
Calls: 25.23% | 20.74%
Puts: 28.56% | 28.02%
Current vs Prior +59.87% | +32.94%
Prior 7-Day Avg 14.70% | 13.75%
Calls: 14.69% | 14.54%
Puts: 14.70% | 12.97%
Current vs 7-Day Avg +192.55% | +135.67%
Liquidity Expensive
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.02.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BEARISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
10:05BEARISHNEUTRALBEARISH
10:00BULLISHNEUTRALMIXED
09:55BULLISHNEUTRALBULLISH
09:50BULLISHBULLISHBULLISH
09:45BULLISHNEUTRALBULLISH
09:40BULLISHNEUTRALMIXED
09:35BULLISHBEARISHBEARISH

📈 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 9.7%, best 9.6%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 2129.1532.10$30.639.6%--0.93149
$130.00Jul 3128.0530.90$29.489.7%--0.9411
PUTS (0)
No puts meet the criteria

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 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$135.00Jul 3122.9026.15$24.5313.2%11.0020
$138.00Jul 3119.9023.00$21.4514.5%10.9410
$130.00Jul 3128.0530.90$29.489.7%--0.9411
$130.00Aug 2129.1532.10$30.639.6%--0.93149
$140.00Jul 3117.9021.15$19.5216.6%--0.9337
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$185.00Jul 3124.2527.40$25.8312.2%20.97--
$182.50Jul 3121.6024.85$23.2314.0%10.96--
$180.00Jul 3119.2022.50$20.8515.8%10.96--
$175.00Jul 3114.7517.65$16.2017.9%220.8824
$190.00Aug 729.3532.50$30.9310.2%--0.8815

Most actively traded options today. High liquidity = easy entry/exit. 138 active (total vol 4.4K, top 431)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$167.50Jul 310.992.35$1.6781.4%4310.25152
$170.00Jul 310.891.52$1.2152.1%3880.20785
$180.00Jul 310.050.32$0.19142.1%3140.04676
$160.00Aug 217.7010.00$8.8526.0%3120.531.1K
$165.00Jul 311.862.50$2.1829.4%2990.32795
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Jul 310.180.45$0.3284.4%3200.061.1K
$170.00Aug 2113.4515.80$14.6316.1%2480.661.0K
$165.00Aug 78.6011.00$9.8024.5%1770.61299
$160.00Jul 313.806.05$4.9345.6%1380.51162
$165.00Jul 316.759.15$7.9530.2%1230.6821

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 133.1%, max 237.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$130.00Jul 31Aug 21196.0%60.3%225.1%--160
$190.00Jul 31Sep 4167.8%54.0%211.1%44313
$185.00Jul 31Sep 4133.5%51.8%158.0%47532
$145.00Jul 31Aug 28135.8%54.8%147.7%--35
$135.00Jul 31Sep 4134.5%55.0%144.5%220
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$130.00Jul 31Sep 4196.0%58.2%237.0%52288
$129.00Jul 31Aug 7271.3%90.3%200.4%225
$134.00Jul 31Aug 7214.8%76.7%180.0%--195
$145.00Jul 31Sep 4135.8%51.8%162.1%11161
$131.00Jul 31Aug 7215.2%83.1%159.0%270

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 108 found (best R:R 25.32, avg 3.29)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$177.50$180.00Jul 31$0.15$2.35$0.1515.67$177.65
$185.00$190.00Sep 4$0.43$4.57$0.4310.63$185.43
$180.00$185.00Aug 21$0.48$4.52$0.489.42$180.48
$165.00$167.50Aug 21$0.30$2.20$0.307.33$165.30
$185.00$190.00Aug 21$0.62$4.38$0.627.06$185.62
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$135.00$130.00Aug 14$0.19$4.81$0.1925.32$134.81
$135.00$130.00Aug 21$0.38$4.62$0.3812.16$134.62
$140.00$138.00Aug 14$0.17$1.83$0.1710.76$139.83
$146.00$145.00Jul 31$0.10$0.90$0.109.00$145.90
$135.00$130.00Sep 4$0.52$4.48$0.528.62$134.48

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 137 found (best R:R 19.83, avg 1.67)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$130.00$135.00Aug 21$4.60$4.60$0.4011.50$134.60
$140.00$141.00Jul 31$0.89$0.89$0.118.09$140.89
$148.00$149.00Jul 31$0.85$0.85$0.155.67$148.85
$135.00$140.00Aug 21$4.25$4.25$0.755.67$139.25
$142.00$145.00Jul 31$2.50$2.50$0.505.00$144.50
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$182.50$180.00Jul 31$2.38$2.38$0.1219.83$180.12
$175.00$172.50Jul 31$2.35$2.35$0.1515.67$172.65
$180.00$175.00Jul 31$4.65$4.65$0.3513.29$175.35
$190.00$167.50Aug 7$19.58$19.58$2.926.71$170.42
$172.50$170.00Jul 31$2.15$2.15$0.356.14$170.35

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 51 found (avg debit $1.27, cheapest $0.08)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Jul 31Aug 7$0.23131.4%59.6%
$187.50Jul 31Aug 7$0.32145.7%69.8%
$185.00Jul 31Aug 7$0.34133.5%65.4%
$180.00Jul 31Aug 7$0.74119.5%66.8%
$140.00Jul 31Aug 7$0.78141.2%68.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$133.00Jul 31Aug 7$0.08195.8%79.7%
$136.00Jul 31Aug 7$0.09178.0%72.8%
$137.00Jul 31Aug 7$0.15171.5%71.9%
$139.00Jul 31Aug 7$0.18162.1%68.4%
$135.00Jul 31Aug 7$0.42134.5%74.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 58 found (cheapest 5.77% of stock, avg 11.31%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$160.00Jul 31$4.25$4.93$9.18$150.82$169.185.77%
$157.50Jul 31$5.95$3.63$9.58$147.92$167.086.02%
$162.50Jul 31$3.39$6.25$9.64$152.86$172.146.05%
$155.00Jul 31$7.13$2.72$9.85$145.15$164.856.19%
$165.00Jul 31$2.18$7.95$10.13$154.87$175.136.36%
$152.50Jul 31$8.95$2.07$11.02$141.48$163.526.92%
$150.00Jul 31$10.80$1.32$12.12$137.88$162.127.61%
$149.00Jul 31$11.60$1.20$12.80$136.20$161.808.04%
$170.00Jul 31$1.21$11.70$12.91$157.09$182.918.11%
$157.50Aug 7$7.80$5.40$13.20$144.30$170.708.29%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 116 found (cheapest 1.51% of stock, avg 5.21%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$170.00$149.00Jul 31$1.21$1.20$2.41$146.59$172.41
$170.00$150.00Jul 31$1.21$1.32$2.53$147.47$172.53
$167.50$149.00Jul 31$1.67$1.20$2.87$146.13$170.37
$167.50$150.00Jul 31$1.67$1.32$2.99$147.01$170.49
$170.00$152.50Jul 31$1.21$2.07$3.28$149.22$173.28
$165.00$149.00Jul 31$2.18$1.20$3.38$145.62$168.38
$165.00$150.00Jul 31$2.18$1.32$3.50$146.50$168.50
$167.50$152.50Jul 31$1.67$2.07$3.74$148.76$171.24
$170.00$155.00Jul 31$1.21$2.72$3.93$151.07$173.93
$190.00$130.00Sep 4$2.33$1.75$4.08$125.92$194.08

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 224 found (best R:R 20.43, avg credit $2.11)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
135/136142/145Jul 31$2.86$0.1420.43$133.14$144.86
132/133142/145Jul 31$2.84$0.1617.75$130.16$144.84
149/150162/165Aug 21$2.34$0.1614.62$147.66$164.84
135/140145/150Aug 28$4.67$0.3314.15$135.33$149.67
133/134142/145Jul 31$2.80$0.2014.00$131.20$144.80
143/145162/165Aug 21$2.33$0.1713.71$142.67$164.83
138/139142/145Jul 31$2.78$0.2212.64$136.22$144.78
145/146148/150Aug 7$1.82$0.1810.11$144.18$149.82
130/131142/145Jul 31$2.72$0.289.71$128.28$144.72
150/152155/158Aug 21$2.25$0.259.00$150.25$157.25

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 66 found (best R:R 70.43, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$165.00$170.00$175.00Aug 14$0.07$4.9370.43
$165.00$167.50$170.00Jul 31$0.05$2.4549.00
$185.00$187.50$190.00Jul 31$0.07$2.4334.71
$177.50$180.00$182.50Aug 7$0.07$2.4334.71
$157.50$160.00$162.50Aug 7$0.08$2.4230.25
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$155.00$160.00$165.00Aug 21$0.09$4.9154.56
$150.00$152.50$155.00Aug 21$0.13$2.3718.23
$170.00$172.50$175.00Jul 31$0.20$2.3011.50
$138.00$139.00$140.00Aug 7$0.08$0.9211.50
$165.00$170.00$175.00Aug 21$0.40$4.6011.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 93 found (best net $-0.25, 82 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$135.00$150.001:2Sep 4-$5.58$9.42
$160.00$170.001:2Aug 28-$1.57$8.43
$180.00$185.001:2Aug 14-$0.16$4.84
$150.00$160.001:2Sep 4-$5.27$4.73
$185.00$190.001:2Aug 21-$0.45$4.55
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$145.00$135.001:2Sep 4-$0.25$9.75
$170.00$160.001:2Aug 14-$1.35$8.65
$135.00$130.001:2Aug 28-$0.05$4.95
$140.00$135.001:2Aug 21-$0.34$4.66
$140.00$135.001:2Aug 28-$0.35$4.65

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 40 found (best yield 5.87%, avg 1.93%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$160.00Sep 4$9.350.530.5%5.87%6.37%314
$160.00Aug 28$9.000.530.5%5.65%6.15%1560
$160.00Aug 21$7.700.530.5%4.84%5.33%3121.1K
$162.50Aug 21$6.800.482.1%4.27%6.34%234
$160.00Aug 14$6.650.520.5%4.18%4.67%1438
$165.00Aug 21$5.700.433.6%3.58%7.22%4728
$160.00Aug 7$5.450.510.5%3.42%3.92%725
$162.50Aug 14$5.450.472.1%3.42%5.49%12
$165.00Aug 14$5.150.433.6%3.23%6.87%--64
$167.50Aug 21$4.850.405.2%3.05%8.25%145

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 2,807
Total Puts 2,867
Put/Call Ratio 1.02
Net Difference -60

Prior's Put/Call Breakdown

Total Calls 3,975
Total Puts 3,630
Put/Call Ratio 1.00
Net Difference 345

Prior 7-Day Put/Call Summary

Total Calls 32,673
Total Puts 52,213
Average Put/Call Ratio 1.20
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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