null Option on Fortinet

FTNT Stock  USD 81.56  0.38  0.47%   
Fortinet's latest option contracts expiring on March 20th 2026 are carrying combined implied volatility of 0.48 with a put-to-call open interest ratio of 1.45 over 57 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on March 20th 2026. The total put volume is at 12.0, with calls trading at the volume of 134. This yields a 0.09 put-to-call volume ratio.

Open Interest Against March 20th 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 2026-03-20 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 0.03% per day over the life of the 2026-03-20 option contract. With Fortinet trading at USD 81.56, that is roughly USD 0.0245. 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 0.48%. 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
FTNT260320C00160000122160.00.0 - 0.530.15Out
Call
FTNT260320C0015500067155.00.0 - 0.530.22Out
Call
FTNT260320C00150000209150.00.0 - 0.540.01Out
Call
FTNT260320C0014500029145.00.0 - 0.552.09Out
Call
FTNT260320C00140000358140.00.0 - 0.570.1Out
Call
FTNT260320C0013500020135.00.0 - 0.790.5Out
Call
FTNT260320C00130000104130.00.0 - 0.630.09Out
Call
FTNT260320C0012500067125.00.0 - 0.680.3Out
Call
FTNT260320C00120000213120.00.05 - 0.770.2Out
Call
FTNT260320C0011500073115.00.0 - 0.90.17Out
Call
FTNT260320C00110000308110.00.02 - 0.770.2Out
Call
FTNT260320C00105000447105.00.35 - 0.980.63Out
Call
FTNT260320C001000001035100.00.58 - 1.591.13Out
Call
FTNT260320C0009750060597.51.35 - 1.471.4Out
Call
FTNT260320C0009500083195.01.76 - 1.881.77Out
Call
FTNT260320C0009250020392.52.26 - 2.392.25Out
Call
FTNT260320C0009000059890.02.87 - 3.052.93Out
Call
FTNT260320C0008750040987.53.6 - 3.853.56Out
Call
FTNT260320C0008500066085.04.55 - 4.754.6Out
Call
FTNT260320C00080000217080.06.95 - 7.27.02In
Call
FTNT260320C0007500037675.09.4 - 10.99.82In
Call
FTNT260320C0007000011270.011.7 - 15.2513.67In
Call
FTNT260320C000650008665.015.95 - 19.917.68In
Call
FTNT260320C0006000010960.020.55 - 24.423.7In
Call
FTNT260320C00055000455.025.25 - 29.127.85In
Call
FTNT260320C000500001550.030.1 - 33.431.3In
Call
FTNT260320C000475001147.533.2 - 35.8535.48In
Call
FTNT260320C00045000345.035.65 - 38.338.5In
Call
FTNT260320C00040000240.040.55 - 43.245.23In
 Put
FTNT260320P001600000160.077.2 - 79.8577.2In
 Put
FTNT260320P001550000155.071.6 - 74.8571.6In
 Put
FTNT260320P001500000150.067.2 - 69.8577.75In
 Put
FTNT260320P001450000145.062.2 - 64.8562.2In
 Put
FTNT260320P001400000140.057.2 - 59.8557.2In
 Put
FTNT260320P001350000135.052.2 - 54.8552.2In
 Put
FTNT260320P001300000130.047.2 - 49.8532.25In
 Put
FTNT260320P001250000125.042.2 - 44.8529.65In
 Put
FTNT260320P001200000120.037.2 - 39.8537.2In
 Put
FTNT260320P001150000115.032.2 - 34.8529.74In
 Put
FTNT260320P001100009110.026.7 - 30.518.17In
 Put
FTNT260320P00105000278105.021.8 - 25.620.68In
 Put
FTNT260320P00100000283100.017.1 - 20.9517.81In
 Put
FTNT260320P0009750046797.515.5 - 18.816.6In
 Put
FTNT260320P0009500041695.014.25 - 15.5512.55In
 Put
FTNT260320P000925008192.511.7 - 13.512.33In
 Put
FTNT260320P0009000017490.010.45 - 11.611.0In
 Put
FTNT260320P0008750064287.58.85 - 9.0510.55In
 Put
FTNT260320P00085000123185.07.3 - 7.457.55In
 Put
FTNT260320P00080000128280.04.6 - 4.855.1Out
 Put
FTNT260320P00075000420475.02.77 - 2.932.91Out
 Put
FTNT260320P00070000295570.01.55 - 1.711.66Out
 Put
FTNT260320P0006500074965.00.66 - 1.350.96Out
 Put
FTNT260320P0006000053160.00.06 - 0.840.5Out
 Put
FTNT260320P000550008355.00.0 - 0.880.37Out
 Put
FTNT260320P000500002650.00.0 - 0.710.4Out
 Put
FTNT260320P000475002747.50.01 - 0.640.16Out
 Put
FTNT260320P00040000140.00.0 - 0.760.19Out

Fortinet Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Fortinet Total Stockholder Equity

Total Stockholder Equity

1.57 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
Carl WindsorChief OfficerProfile
Chris PernaVice AcquisitionProfile
Matthew PleyExecutive SalesProfile
Lizzie CohenLaloumRegional RegionProfile

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.