FTNT
Fortinet
Rating 4.5 / 5 Recommendation Open trade

Credit put spread analysis · · Strong setup

IV Rank
66
Implied volatility percentile
Trend
0.49
Long-term trend score
Safety
5/8
Quality checks passed
Drop
-5.5%
Day 3 of drop
Reversal
Doji
Day 4
1Y Change
6.1%
Trailing 12 months
Earnings
Clear
No event in window

AI analysis

The stock has dropped -5. 50% and is showing a Doji reversal signal on day 4. This could be a good entry point for a credit put spread.

With the current stock price at $77. 35, we can target a sellStrike around 10% below current price, and a buyStrike around 5-10% lower than the sellStrike. This would result in a spread width of around 5-7% of the current stock price.

Based on the stock's implied volatility of 66%, we can estimate a credit of around $3. 50-$4. 25.

Recommended credit put spread

AI-suggested setup based on the latest screen. Expiration Mar 26, 2026.

Sell
$72.00
Short put (collects premium)
Buy
$68.00
Long put (caps risk)
Width
$4.00
Estimated credit
$4.00
Max risk
$0.00
Expiration
Mar 26, 2026

For entertainment purposes only. Not a recommendation to trade. Disclaimer.

Trade history on FTNT

Every live credit put spread we've opened on this ticker — what was traded, when, and how it ended.

OpenedStrikes (S/B)ExpirationCreditP/LOutcome
Feb 25, 2026 $72.00/$68.00 Mar 26, 2026 $4.00 -$0.05 Loss · expiration_proximity