Bullish option flow detected in Fortinet (FTNT) with 12,008 calls trading, 5x expected, and implied vol increasing over 13 points to 46.18%. 7/11 weekly 111 calls and 7/11 weekly 109 calls are the most active options, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 0.12. Earnings are expected on August 6th.
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