FTNT Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure

Analyze the complete FTNT options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around FTNT.

Latest Data: 2026-08-17 (EDT)

Max Pain Price

145

Exp: 2026-08-21

Gamma Flip

162.43

Gamma Flip (≈60 days)

Put/Call OI Ratio

1.007

Shows put vs call positioning

IV Skew

-5.30

Put–call IV difference

Max Pain Price Volatility

σ = 34.31

high volatility

Confidence 57%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a moderate bearish bias. Downside factors are present but not dominant. Options Chian

On the put side, the bearish positioning looks mainly like hedging. This reflects caution and short-term protection rather than a true bearish call. Confidence: 100%

Current DPI is 0.637(bearish). Bearish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

The market is positioned near a structural transition zone, where options exposure may shift the prevailing trading regime. Volatility conditions are moderately choppy. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-09-18 options expiry. 90% confidence

The support levels for FTNT are at 153.63, 150.96, and 138.31, while the resistance levels are at 158.07, 160.74, and 173.39. The pivot point, a key reference price for traders, is at 145.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 4)

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 1.89% 1-day move.

The expected range for the next 4 days is 151.19 — 163.43 , corresponding to +4.86% / -2.99% .

Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.

Bullish flow suggests upside interest toward 167.66 (7.58% above spot).

Bearish positioning points to downside pressure toward 149.00 (4.40% below spot).

Options flow strength: 0.79 (0–1 scale). ATM Strike: 155.00, Call: 3.50, Put: 2.41, Straddle Cost: 5.90.

Price moves may extend once a direction forms. The short-term gamma flip is near 158.00 , with intermediate positioning around 162.43 . The mid-term gamma flip remains near 162.43.