Fortinet Stock Options

FTNT Stock  USD 85.56  1.30  1.54%   
Fortinet's latest option contracts expiring on May 15th 2026 are carrying combined implied volatility of 0.44 with a put-to-call open interest ratio of 1.69 over 37 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on May 15th 2026. The total put volume is at 7.0, with calls trading at the volume of 47.0. This yields a 0.15 put-to-call volume ratio.

Open Interest Against May 15th 2026 Option Contracts

Fortinet option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Fortinet's lending market. For example, when Fortinet's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Fortinet, he or she must hedge the risk by shorting Fortinet stock over its option's life.
The chart above shows Fortinet's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Fortinet's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Fortinet's option, there is no secondary market available for investors to trade.

Fortinet Maximum Pain Price Across 2026-05-15 Option Contracts

Max pain occurs when Fortinet's market makers reach a net positive position across all Fortinet's options at a strike price where option holders stand to lose the most money. By contrast, Fortinet's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Fortinet

Analyzing Fortinet's in-the-money options over time can help investors to take a profitable long position in Fortinet regardless of its overall volatility. This is especially true when Fortinet's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Fortinet's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Fortinet's stock while costing only a fraction of its price.

Fortinet In The Money Call Balance

When Fortinet's strike price is surpassing the current stock price, the option contract against Fortinet stock is said to be in the money. When it comes to buying Fortinet's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Fortinet are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Fortinet Current Options Market Mood

Fortinet's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Fortinet Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most Fortinet's options investors are not very successful. Fortinet's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Fortinet contract

Base on the Rule 16, the options market is currently suggesting that Fortinet will have an average daily up or down price movement of about 0.0275% per day over the life of the 2026-05-15 option contract. With Fortinet trading at USD 85.56, that is roughly USD 0.0235. If you think that the market is fully incorporating Fortinet's daily price movement you should consider buying Fortinet options at the current volatility level of 0.44%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Fortinet options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Fortinet calls. Remember, the seller must deliver Fortinet stock to the call owner when a call is exercised.

Fortinet Option Chain

When Fortinet's strike price is surpassing the current stock price, the option contract against Fortinet stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Fortinet's option chain is a display of a range of information that helps investors for ways to trade options on Fortinet. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Fortinet. It also shows strike prices and maturity days for a Fortinet against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
FTNT260515C0013000016130.00.05 - 1.060.38Out
Call
FTNT260515C001250001125.00.05 - 0.581.94Out
Call
FTNT260515C001200003120.00.36 - 0.760.54Out
Call
FTNT260515C0011500027115.00.53 - 1.220.9Out
Call
FTNT260515C0011000069110.00.85 - 1.441.31Out
Call
FTNT260515C00105000225105.01.43 - 1.961.75Out
Call
FTNT260515C00100000133100.02.58 - 2.972.77Out
Call
FTNT260515C0009500027995.03.7 - 4.24.0Out
Call
FTNT260515C0009000063490.05.35 - 6.25.2Out
Call
FTNT260515C0008500042685.07.7 - 8.48.1In
Call
FTNT260515C0008000019180.010.4 - 11.69.19In
Call
FTNT260515C000750005675.013.7 - 14.912.7In
Call
FTNT260515C000700004070.016.6 - 19.0515.67In
Call
FTNT260515C000650001965.020.7 - 23.7522.88In
Call
FTNT260515C00060000360.025.4 - 27.9522.2In
Call
FTNT260515C00055000755.030.05 - 33.0529.7In
Call
FTNT260515C00050000150.034.75 - 37.530.0In
Call
FTNT260515C00045000545.039.7 - 42.441.71In
 Put
FTNT260515P001300000130.042.9 - 45.842.9In
 Put
FTNT260515P001250000125.038.05 - 40.838.05In
 Put
FTNT260515P001200000120.032.95 - 35.932.95In
 Put
FTNT260515P001150000115.028.0 - 31.0528.0In
 Put
FTNT260515P0011000011110.023.35 - 26.228.55In
 Put
FTNT260515P001050001105.019.25 - 21.524.15In
 Put
FTNT260515P001000004100.015.5 - 16.4515.55In
 Put
FTNT260515P00095000795.011.65 - 12.7517.8In
 Put
FTNT260515P000900008490.08.45 - 9.6511.05In
 Put
FTNT260515P0008500023585.05.95 - 7.056.9Out
 Put
FTNT260515P0008000055380.03.9 - 4.954.55Out
 Put
FTNT260515P0007500030375.02.39 - 3.352.8Out
 Put
FTNT260515P00070000123870.01.44 - 2.051.62Out
 Put
FTNT260515P0006500026065.00.71 - 1.390.97Out
 Put
FTNT260515P0006000079160.00.36 - 0.630.51Out
 Put
FTNT260515P0005500011155.00.03 - 0.570.28Out
 Put
FTNT260515P000500001350.00.0 - 0.380.15Out
 Put
FTNT260515P00045000645.00.0 - 0.260.11Out
 Put
FTNT260515P00040000140.00.0 - 1.050.03Out

Fortinet Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Fortinet Total Stockholder Equity

Total Stockholder Equity

1.3 Billion

At this time, Fortinet's Total Stockholder Equity is comparatively stable compared to the past year.

Fortinet Corporate Management

John WhittleVP of Corporate Devel. and Strategic Alliances and General CounselProfile
Keith JensenChief Accounting Officer, VP of Fin. and Corporate ControllerProfile
Carl WindsorChief OfficerProfile
Anthony LuscriVice RelationsProfile
Lu LingVice ManagementProfile
Jonathan NguyenDuyVice TeamProfile

Additional Tools for Fortinet Stock Analysis

When running Fortinet's price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.