Bearish flow noted in Fortinet with 2,012 puts trading, or 1.4x expected. Most active are 10/13 weekly 59.5 puts and 10/13 weekly 56.5 calls, with total volume in those strikes near 670 contracts. The Put/Call Ratio is 1.57, while ATM IV is up over 2 points on the day. Earnings are expected on November 2nd.
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