Shares of Fortinet Inc. (FTNT) are down 1.6 to 23.30 today.? FTNT is in the upper end of the 52 week range.
Today paper traded 19376 FTNT Jul 24 calls for .45. ?The ADV is 1528 contracts.? The OI is 707 contracts.
The volume went up in one giant block.? Traders pushed the volume to 27857 today.? IV is still up after the company announced new products.? The block was marked spread so most likely tied to stock.? There is still call buying as of this post.
30-day implied volatility is 46%.?? 10-day implied volatility is 20%.? 30 day implied volatility is trading above the 10 realized volatility
Fortinet, Inc. (Fortinet) provides network security solutions. Through the Company?s products and subscription services, Fortinet provides integrated and protection against security threats for enterprises, service providers and governmental entities worldwide.