Bullish option flow detected in Fortinet (FTNT) with 9,999 calls trading, 2x expected, and implied vol increasing over 3 points to 49.01%. 1/9 weekly 81 calls and 1/9 weekly 80 calls are the most active options, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 0.27. Earnings are expected on February 5th.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FTNT:
- Fortinet price target raised to $90 from $85 at Piper Sandler
- Palo Alto Networks (PANW) Plans $400 Million Move for Israeli Cybersecurity Firm Koi
- RXRX, FTNT, MRK, RIVN, PYPL Trending With Analysts
- Fortinet price target raised to $70 from $66 at Morgan Stanley
- Midday Fly By: Warner Bros. urges investors to reject Paramount bid