Tour v472
FTNT
FORTINET INC
$157.03 +2.48%
7/30 10:25

Option Volume

Detail
Current (07/30 10:25am) 6,613
Calls: 3,034 (46%)
Puts: 3,579 (54%)
Prior --
Calls: 3,975 (52%)
Puts: 3,630 (48%)
Current vs Prior +0.00%
Calls: -23.67% (Calls)
Puts: -1.40% (Puts)
Prior 7-Day Total 88,866
Calls: 33,660 (38%)
Puts: 55,206 (62%)
Prior 7-Day Average 12,695
Calls: 4,808 (38%)
Puts: 7,886 (62%)
Current vs Prior 7-Day Avg -47.91%
Calls: -36.90%
Puts: -54.62%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/30 10:25am) $3.13M
Calls: $1.25M (40%)
Puts: $1.88M (60%)
Prior --
Calls: $2.01M (54%)
Puts: $1.73M (46%)
Current vs Prior +0.00%
Calls: -37.76%
Puts: +8.69%
Prior 7-Day Total $41.34M
Calls: $16.51M (40%)
Puts: $24.83M (60%)
Prior 7-Day Average $5.91M
Calls: $2.36M (40%)
Puts: $3.55M (60%)
Current vs Prior 7-Day Avg -47.00%
Calls: -46.99%
Puts: -47.01%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/30 10:25am) 1.18
Prior 1.00
Current vs Prior +17.96%
Prior 7-Day Average 1.30
Current vs Prior 7-Day Avg -9.38%
Sentiment BEARISH

Open Interest

Detail
Current (07/30 10:25am) 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 6.72% | 9.06%11.32% | 16.91%
Prior 14.08% | 14.88%16.26% | 21.20%
Current vs Prior -52.24% | -39.12%-30.36% | -20.20%
Prior 7-Day Avg 12.35% | 12.94%16.57% | 21.13%
Current vs 7-Day Avg -45.57% | -29.97%-31.66% | -19.94%
Prior 7-Day Eod 14.08% | 14.88%17.15% | 21.37%
Current vs 7-Day Eod -52.24% | -39.12%-33.99% | -20.87%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 29.40% | 31.52%
Calls: 38.93% | 24.69%
Puts: 19.87% | 38.34%
Prior 26.89% | 24.38%
Calls: 25.23% | 20.74%
Puts: 28.56% | 28.02%
Current vs Prior +9.33% | +29.29%
Prior 7-Day Avg 14.70% | 13.75%
Calls: 14.69% | 14.54%
Puts: 14.70% | 12.97%
Current vs 7-Day Avg +100.07% | +129.19%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bearish flow with 60% put dollar volume ($1.88M). Slightly bearish P/C ratio of 1.18.

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
10:25BEARISHBEARISHBEARISH
10:20BEARISHBEARISHBEARISH
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 2 of results (avg 9.7%, best 9.5%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$126.00Aug 729.9532.95$31.459.5%10.96--
$130.00Aug 2127.2030.00$28.609.8%--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. 68 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$135.00Jul 3120.9523.80$22.3812.7%10.9820
$130.00Jul 3125.7028.70$27.2011.0%--0.9711
$138.00Jul 3118.0020.95$19.4815.1%10.9610
$126.00Aug 729.9532.95$31.459.5%10.96--
$140.00Jul 3116.1518.80$17.4815.2%--0.9537
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$185.00Jul 3126.4029.50$27.9511.1%21.00--
$180.00Jul 3121.5024.40$22.9512.6%10.94--
$182.50Jul 3123.9026.85$25.3811.6%10.94--
$175.00Jul 3116.7019.50$18.1015.5%220.9124
$172.50Jul 3114.2517.00$15.6317.6%--0.8910

Most actively traded options today. High liquidity = easy entry/exit. 148 active (total vol 5.1K, top 431)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$167.50Jul 310.791.89$1.3482.1%4310.21152
$170.00Jul 310.520.75$0.6435.9%3910.12785
$180.00Jul 310.050.34$0.20145.0%3270.04676
$160.00Aug 216.858.45$7.6520.9%3130.491.1K
$165.00Jul 311.322.30$1.8154.1%3080.27795
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$140.00Jul 310.040.45$0.25164.0%3230.051.1K
$145.00Aug 212.773.90$3.3433.8%2490.243.8K
$170.00Aug 2114.6017.60$16.1018.6%2480.691.0K
$165.00Aug 79.4512.15$10.8025.0%2090.66299
$160.00Aug 218.5010.20$9.3518.2%2000.52384

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 129.6%, max 214.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$130.00Jul 31Aug 21179.3%58.4%207.3%--160
$185.00Jul 31Sep 4142.7%50.2%183.9%48532
$135.00Jul 31Sep 4131.0%53.0%147.2%220
$165.00Jul 31Aug 21127.6%51.8%146.2%3121.5K
$157.50Jul 31Aug 21127.4%53.0%140.2%28337
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$130.00Jul 31Sep 4179.3%57.1%214.2%57288
$134.00Jul 31Aug 7227.5%73.8%208.3%--195
$129.00Jul 31Aug 7259.4%87.5%196.4%225
$182.50Jul 31Aug 21143.7%56.0%156.7%110
$137.00Jul 31Aug 7172.8%69.1%150.2%241

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 116 found (best R:R 21.73, avg 3.49)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$177.50$180.00Aug 14$0.11$2.39$0.1121.73$177.61
$165.00$167.50Aug 21$0.13$2.37$0.1318.23$165.13
$172.50$175.00Jul 31$0.17$2.33$0.1713.71$172.67
$175.00$177.50Jul 31$0.20$2.30$0.2011.50$175.20
$180.00$185.00Aug 21$0.46$4.54$0.469.87$180.46
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$135.00$130.00Aug 14$0.29$4.71$0.2916.24$134.71
$143.00$140.00Aug 21$0.22$2.78$0.2212.64$142.78
$135.00$130.00Sep 4$0.45$4.55$0.4510.11$134.55
$147.00$146.00Jul 31$0.11$0.89$0.118.09$146.89
$135.00$130.00Aug 21$0.55$4.45$0.558.09$134.45

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 146 found (best R:R 39.00, avg 1.98)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$130.00$134.00Jul 31$3.90$3.90$0.1039.00$133.90
$136.00$138.00Jul 31$1.90$1.90$0.1019.00$137.90
$126.00$140.00Aug 7$13.22$13.22$0.7816.95$139.22
$142.00$145.00Jul 31$2.70$2.70$0.309.00$144.70
$130.00$135.00Aug 21$4.45$4.45$0.558.09$134.45
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$180.00$175.00Jul 31$4.85$4.85$0.1532.33$175.15
$172.50$170.00Jul 31$2.13$2.13$0.375.76$170.37
$182.50$175.00Aug 21$6.38$6.38$1.125.70$176.12
$170.00$165.00Jul 31$4.25$4.25$0.755.67$165.75
$129.00$128.00Jul 31$0.84$0.84$0.165.25$128.16

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 50 found (avg debit $1.22, cheapest $0.10)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$182.50Jul 31Aug 7$0.23143.7%62.7%
$185.00Jul 31Aug 7$0.30142.7%66.9%
$187.50Jul 31Aug 7$0.30155.8%72.1%
$180.00Jul 31Aug 7$0.57131.8%66.9%
$140.00Jul 31Aug 7$0.75122.8%66.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$131.00Jul 31Aug 7$0.10201.7%83.9%
$136.00Jul 31Aug 7$0.12164.3%69.8%
$132.00Jul 31Aug 7$0.24187.9%83.4%
$139.00Jul 31Aug 7$0.24146.4%65.9%
$133.00Jul 31Aug 7$0.31156.6%76.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 59 found (cheapest 5.80% of stock, avg 11.13%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$160.00Jul 31$3.42$5.68$9.10$150.90$169.105.80%
$155.00Jul 31$5.78$3.43$9.21$145.79$164.215.87%
$157.50Jul 31$4.43$4.78$9.21$148.29$166.715.87%
$152.50Jul 31$7.40$2.30$9.70$142.80$162.206.18%
$162.50Jul 31$2.54$7.30$9.84$152.66$172.346.27%
$150.00Jul 31$9.20$1.78$10.98$139.02$160.986.99%
$165.00Jul 31$1.81$9.25$11.06$153.94$176.067.04%
$149.00Jul 31$9.75$1.34$11.09$137.91$160.097.06%
$148.00Jul 31$10.48$1.19$11.67$136.33$159.677.43%
$147.00Jul 31$11.35$1.00$12.35$134.65$159.357.86%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 126 found (cheapest 1.61% of stock, avg 5.27%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$167.50$148.00Jul 31$1.34$1.19$2.53$145.47$170.03
$167.50$149.00Jul 31$1.34$1.34$2.68$146.32$170.18
$165.00$148.00Jul 31$1.81$1.19$3.00$145.00$168.00
$167.50$150.00Jul 31$1.34$1.78$3.12$146.88$170.62
$165.00$149.00Jul 31$1.81$1.34$3.15$145.85$168.15
$165.00$150.00Jul 31$1.81$1.78$3.59$146.41$168.59
$167.50$152.50Jul 31$1.34$2.30$3.64$148.86$171.14
$162.50$148.00Jul 31$2.54$1.19$3.73$144.27$166.23
$162.50$149.00Jul 31$2.54$1.34$3.88$145.12$166.38
$185.00$130.00Sep 4$2.21$1.86$4.07$125.93$189.07

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 227 found (best R:R 26.27, avg credit $2.05)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
136/137142/145Jul 31$2.89$0.1126.27$134.11$144.89
150/152155/158Aug 14$2.38$0.1219.83$150.12$157.38
140/141142/145Jul 31$2.85$0.1519.00$138.15$144.85
152/155158/160Aug 21$2.35$0.1515.67$152.65$159.85
130/135140/145Aug 21$4.69$0.3115.13$130.31$144.69
146/149152/155Aug 21$2.80$0.2014.00$146.20$155.30
143/144152/155Aug 21$2.33$0.1713.71$141.67$154.83
149/150162/165Aug 21$2.28$0.2210.36$147.72$164.78
155/160165/170Aug 14$4.55$0.4510.11$155.45$169.55
140/141145/146Jul 31$0.88$0.127.33$140.12$145.88

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 67 found (best R:R 49.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$157.50$160.00$162.50Aug 14$0.05$2.4549.00
$182.50$185.00$187.50Jul 31$0.10$2.4024.00
$175.00$180.00$185.00Aug 21$0.23$4.7720.74
$157.50$160.00$162.50Jul 31$0.13$2.3718.23
$160.00$162.50$165.00Jul 31$0.15$2.3515.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$160.00$162.50$165.00Aug 7$0.05$2.4549.00
$165.00$170.00$175.00Aug 21$0.17$4.8328.41
$162.50$165.00$167.50Aug 7$0.13$2.3718.23
$180.00$182.50$185.00Jul 31$0.14$2.3616.86
$155.00$157.50$160.00Aug 7$0.14$2.3616.86

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 94 found (best net $-4.35, 85 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$135.00$150.001:2Sep 4-$4.35$10.65
$126.00$140.001:2Aug 7-$5.01$8.99
$160.00$170.001:2Aug 28-$1.60$8.40
$160.00$170.001:2Sep 4-$1.98$8.02
$150.00$160.001:2Sep 4-$5.06$4.94
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$155.00$145.001:2Aug 28-$0.18$9.82
$170.00$160.001:2Aug 14-$3.00$7.00
$135.00$130.001:2Aug 21-$0.28$4.72
$145.00$140.001:2Aug 14-$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. 45 found (best yield 5.38%, avg 1.94%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$160.00Sep 4$8.450.501.9%5.38%7.27%314
$160.00Aug 28$8.150.501.9%5.19%7.08%1560
$157.50Aug 21$7.950.540.3%5.06%5.36%--86
$157.50Aug 14$6.850.540.3%4.36%4.66%--32
$160.00Aug 21$6.850.491.9%4.36%6.25%3131.1K
$157.50Aug 7$6.000.540.3%3.82%4.12%4126
$160.00Aug 14$6.000.491.9%3.82%5.71%1438
$162.50Aug 21$5.900.453.5%3.76%7.24%234
$162.50Aug 14$5.050.443.5%3.22%6.70%32
$160.00Aug 7$4.850.471.9%3.09%4.98%825

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 3,034
Total Puts 3,579
Put/Call Ratio 1.18
Net Difference -545

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 33,660
Total Puts 55,206
Average Put/Call Ratio 1.30
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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