Bullish option flow detected in Fortinet (FTNT) with 5,793 calls trading, 1.0x expected, and implied vol increasing over 1 point to 35.30%. Feb-26 90 calls and 2/13 weekly 84 puts are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.37. Earnings are expected on May 7th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FTNT:
- Palo Alto Networks price target lowered to $200 from $225 at Stifel
- Fortinet price target raised to $95 from $90 at BMO Capital
- Fortinet price target raised to $90 from $85 at Citi
- Fortinet Earnings Call Highlights Growth, Margins, and Confidence
- Private Markets: Cerebras hits $23B valuation with $1B Series H raise
