Tour v472
FTNT
FORTINET INC
$158.01 +3.13%
7/30 10:15

Option Volume

Detail
Current (07/30 10:15am) 6,339
Calls: 2,933 (46%)
Puts: 3,406 (54%)
Prior --
Calls: 3,975 (52%)
Puts: 3,630 (48%)
Current vs Prior +0.00%
Calls: -26.21% (Calls)
Puts: -6.17% (Puts)
Prior 7-Day Total 87,170
Calls: 33,272 (38%)
Puts: 53,898 (62%)
Prior 7-Day Average 12,452
Calls: 4,753 (38%)
Puts: 7,699 (62%)
Current vs Prior 7-Day Avg -49.10%
Calls: -38.29%
Puts: -55.76%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/30 10:15am) $3.07M
Calls: $1.29M (42%)
Puts: $1.78M (58%)
Prior --
Calls: $2.01M (54%)
Puts: $1.73M (46%)
Current vs Prior +0.00%
Calls: -35.99%
Puts: +2.95%
Prior 7-Day Total $40.72M
Calls: $16.65M (41%)
Puts: $24.07M (59%)
Prior 7-Day Average $5.82M
Calls: $2.38M (41%)
Puts: $3.44M (59%)
Current vs Prior 7-Day Avg -47.28%
Calls: -45.92%
Puts: -48.23%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/30 10:15am) 1.16
Prior 1.00
Current vs Prior +16.13%
Prior 7-Day Average 1.26
Current vs Prior 7-Day Avg -7.65%
Sentiment BEARISH

Open Interest

Detail
Current (07/30 10:15am) 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 6.40% | 8.89%11.90% | 16.68%
Prior 14.08% | 14.88%16.26% | 21.20%
Current vs Prior -54.56% | -40.26%-26.82% | -21.29%
Prior 7-Day Avg 12.35% | 12.94%16.57% | 21.13%
Current vs 7-Day Avg -48.21% | -31.28%-28.18% | -21.03%
Prior 7-Day Eod 14.08% | 14.88%17.15% | 21.37%
Current vs 7-Day Eod -54.56% | -40.26%-30.63% | -21.95%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 31.91% | 27.60%
Calls: 35.26% | 18.84%
Puts: 28.55% | 36.36%
Prior 26.89% | 24.38%
Calls: 25.23% | 20.74%
Puts: 28.56% | 28.02%
Current vs Prior +18.67% | +13.21%
Prior 7-Day Avg 14.70% | 13.75%
Calls: 14.69% | 14.54%
Puts: 14.70% | 12.97%
Current vs 7-Day Avg +117.15% | +100.69%
Liquidity Expensive
+
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🤖 AI Insights

Slightly bearish P/C ratio of 1.16.

Smart Money BEARISH
Retail Flow BEARISH
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
10:15BEARISHBEARISHBEARISH
10:10BEARISHBEARISHBEARISH
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 1 of results (avg 9.7%, best 9.7%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$130.00Aug 2127.9530.80$29.389.7%--0.93149
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
$138.00Jul 3118.8521.90$20.3815.0%10.9610
$135.00Jul 3121.6524.80$23.2313.6%10.9620
$130.00Jul 3126.6029.65$28.1310.8%--0.9611
$140.00Jul 3116.7020.00$18.3518.0%--0.9537
$136.00Jul 3120.8523.80$22.3313.2%10.94--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$185.00Jul 3125.5028.50$27.0011.1%21.00--
$180.00Jul 3120.6023.55$22.0813.4%10.96--
$182.50Jul 3123.0026.15$24.5812.8%10.96--
$175.00Jul 3115.7518.60$17.1816.6%220.9024
$172.50Jul 3113.5016.35$14.9319.1%--0.8810

Most actively traded options today. High liquidity = easy entry/exit. 139 active (total vol 5.0K, top 431)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$167.50Jul 310.922.12$1.5278.9%4310.23152
$170.00Jul 310.651.16$0.9156.0%3910.16785
$180.00Jul 310.050.30$0.18138.9%3150.04676
$160.00Aug 217.309.50$8.4026.2%3120.521.1K
$165.00Jul 311.512.00$1.7627.8%3050.28795
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Jul 310.170.44$0.3187.1%3230.061.1K
$145.00Aug 212.403.65$3.0341.3%2480.233.8K
$170.00Aug 2114.0016.70$15.3517.6%2480.681.0K
$165.00Aug 79.7511.40$10.5815.6%2090.63299
$160.00Aug 218.5010.00$9.2516.2%2000.49384

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 54 strikes (avg 131.0%, max 265.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$130.00Jul 31Aug 21207.4%59.5%248.3%--160
$135.00Jul 31Sep 4165.1%53.4%209.1%220
$185.00Jul 31Sep 4135.2%52.3%158.6%48532
$175.00Jul 31Aug 28134.7%56.6%137.9%28370
$140.00Jul 31Aug 21135.4%57.1%137.2%6200
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$130.00Jul 31Sep 4207.4%56.7%265.8%53288
$134.00Jul 31Aug 7235.0%75.3%211.9%--195
$135.00Jul 31Sep 4165.1%53.4%209.1%108171
$129.00Jul 31Aug 7266.4%89.0%199.4%225
$145.00Jul 31Sep 4129.4%50.3%157.1%17161

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 108 found (best R:R 19.83, avg 3.44)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$177.50$180.00Jul 31$0.12$2.38$0.1219.83$177.62
$170.00$172.50Jul 31$0.18$2.32$0.1812.89$170.18
$165.00$167.50Aug 21$0.23$2.27$0.239.87$165.23
$165.00$167.50Jul 31$0.24$2.26$0.249.42$165.24
$170.00$172.50Aug 21$0.25$2.25$0.259.00$170.25
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$140.00$138.00Aug 14$0.11$1.89$0.1117.18$139.89
$135.00$130.00Aug 14$0.29$4.71$0.2916.24$134.71
$135.00$130.00Aug 21$0.47$4.53$0.479.64$134.53
$135.00$130.00Sep 4$0.52$4.48$0.528.62$134.48
$147.00$145.00Aug 14$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. 137 found (best R:R 49.00, avg 2.08)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$130.00$134.00Jul 31$3.90$3.90$0.1039.00$133.90
$130.00$135.00Aug 21$4.45$4.45$0.558.09$134.45
$135.00$140.00Aug 21$4.40$4.40$0.607.33$139.40
$142.00$145.00Jul 31$2.62$2.62$0.386.89$144.62
$147.00$148.00Aug 14$0.87$0.87$0.136.69$147.87
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$180.00$175.00Jul 31$4.90$4.90$0.1049.00$175.10
$172.50$170.00Jul 31$2.28$2.28$0.2210.36$170.22
$175.00$172.50Jul 31$2.25$2.25$0.259.00$172.75
$182.50$175.00Aug 21$6.72$6.72$0.788.62$175.78
$170.00$165.00Jul 31$4.22$4.22$0.785.41$165.78

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 50 found (avg debit $1.31, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Jul 31Aug 7$0.23136.7%61.1%
$185.00Jul 31Aug 7$0.30135.2%65.3%
$187.50Jul 31Aug 7$0.30150.7%70.6%
$180.00Jul 31Aug 7$0.68123.5%66.9%
$140.00Jul 31Aug 7$0.73135.4%65.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$133.00Jul 31Aug 7$0.07191.2%78.0%
$131.00Jul 31Aug 7$0.09208.6%85.5%
$136.00Jul 31Aug 7$0.12171.0%71.4%
$139.00Jul 31Aug 7$0.18157.0%66.9%
$135.00Jul 31Aug 7$0.21165.1%72.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 57 found (cheapest 5.39% of stock, avg 11.00%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$157.50Jul 31$4.68$3.83$8.51$148.99$166.015.39%
$155.00Jul 31$6.03$2.78$8.81$146.19$163.815.58%
$160.00Jul 31$3.46$5.43$8.89$151.11$168.895.63%
$162.50Jul 31$2.64$6.78$9.42$153.08$171.925.96%
$152.50Jul 31$7.98$2.21$10.19$142.31$162.696.45%
$165.00Jul 31$1.76$8.43$10.19$154.81$175.196.45%
$150.00Jul 31$9.85$1.47$11.32$138.68$161.327.16%
$149.00Jul 31$10.60$1.20$11.80$137.20$160.807.47%
$148.00Jul 31$11.18$1.21$12.39$135.61$160.397.84%
$157.50Aug 7$6.90$5.57$12.47$145.03$169.977.89%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 113 found (cheapest 1.34% of stock, avg 5.09%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$170.00$149.00Jul 31$0.91$1.20$2.11$146.89$172.11
$170.00$150.00Jul 31$0.91$1.47$2.38$147.62$172.38
$167.50$149.00Jul 31$1.52$1.20$2.72$146.28$170.22
$165.00$149.00Jul 31$1.76$1.20$2.96$146.04$167.96
$167.50$150.00Jul 31$1.52$1.47$2.99$147.01$170.49
$170.00$152.50Jul 31$0.91$2.21$3.12$149.38$173.12
$165.00$150.00Jul 31$1.76$1.47$3.23$146.77$168.23
$170.00$155.00Jul 31$0.91$2.78$3.69$151.31$173.69
$167.50$152.50Jul 31$1.52$2.21$3.73$148.77$171.23
$162.50$149.00Jul 31$2.64$1.20$3.84$145.16$166.34

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 222 found (best R:R 29.00, avg credit $2.01)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
138/139142/145Jul 31$2.90$0.1029.00$136.10$144.90
136/137142/145Jul 31$2.82$0.1815.67$134.18$144.82
150/152162/165Aug 21$2.34$0.1614.62$150.16$164.84
143/145150/152Aug 21$2.32$0.1812.89$142.68$152.32
152/155158/160Aug 21$2.30$0.2011.50$152.70$159.80
135/136142/145Jul 31$2.74$0.2610.54$133.26$144.74
149/150162/165Aug 21$2.28$0.2210.36$147.72$164.78
150/152162/165Aug 14$2.26$0.249.42$150.24$164.76
152/155160/162Aug 21$2.25$0.259.00$152.75$162.25
150/152158/160Aug 14$2.23$0.278.26$150.27$159.73

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 60 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$175.00$180.00$185.00Aug 14$0.05$4.9599.00
$157.50$160.00$162.50Aug 21$0.05$2.4549.00
$170.00$172.50$175.00Jul 31$0.09$2.4126.78
$160.00$162.50$165.00Aug 7$0.09$2.4126.78
$162.50$165.00$167.50Aug 7$0.09$2.4126.78
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$130.00$135.00$140.00Aug 28$0.12$4.8840.67
$138.00$139.00$140.00Aug 7$0.05$0.9519.00
$130.00$135.00$140.00Aug 21$0.30$4.7015.67
$147.00$148.00$149.00Aug 7$0.07$0.9313.29
$135.00$136.00$137.00Jul 31$0.08$0.9211.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 92 found (best net $-5.05, 82 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$135.00$150.001:2Sep 4-$5.05$9.95
$160.00$170.001:2Aug 28-$1.86$8.14
$150.00$160.001:2Sep 4-$4.91$5.09
$180.00$185.001:2Aug 14-$0.34$4.66
$170.00$175.001:2Aug 7-$0.78$4.22
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$145.00$135.001:2Sep 4-$0.16$9.84
$170.00$160.001:2Aug 14-$1.30$8.70
$145.00$140.001:2Aug 14-$0.07$4.93
$135.00$130.001:2Aug 28-$0.30$4.70
$135.00$130.001:2Aug 14-$0.31$4.69

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 38 found (best yield 5.41%, avg 1.88%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$160.00Aug 28$8.550.521.3%5.41%6.67%1560
$160.00Sep 4$8.550.511.3%5.41%6.67%314
$160.00Aug 21$7.300.521.3%4.62%5.88%3121.1K
$160.00Aug 14$6.400.511.3%4.05%5.31%1438
$162.50Aug 21$6.250.472.8%3.96%6.80%234
$165.00Aug 21$5.400.424.4%3.42%7.84%4728
$162.50Aug 14$5.300.462.8%3.35%6.20%32
$160.00Aug 7$5.150.491.3%3.26%4.52%725
$167.50Aug 21$4.600.396.0%2.91%8.92%145
$170.00Aug 28$4.550.367.6%2.88%10.47%25

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 2,933
Total Puts 3,406
Put/Call Ratio 1.16
Net Difference -473

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 33,272
Total Puts 53,898
Average Put/Call Ratio 1.26
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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