Fortinet Option Alert: Jan, 2027 $100 Calls at the Ask: 500 vs 6191 OI

Fortinet Option Alert: Jan, 2027 $100 Calls at the Ask: 500 @ $36.9 vs 6191 OI; Ref=$114.28

Fortinet Option Alert: Jan, 2027 $100 Calls Sweep (4) above Ask!: 250 vs 6191 OI

Fortinet Option Alert: Jan, 2027 $100 Calls Sweep (4) above Ask!: 250 @ $36.75 vs 6191 OI; Ref=$113.83

Fortinet Option Alert: Mar 21 $120 Puts at the Ask: 1080 vs 1064 OI

Fortinet Option Alert: Mar 21 $120 Puts at the Ask: 1080 @ $8.89 vs 1064 OI; Ref=$112.24

Fortinet Option Alert: Sep 19 $135 Puts at the Bid: 300 vs 0 OI

Fortinet Option Alert: Sep 19 $135 Puts at the Bid: 300 @ $25.6 vs 0 OI; Ref=$113.485

Fortinet (NASDAQ:FTNT) 주식

FORTINET INC

Fortinet

Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 800,000 customers across the world.

Fortinet,Technologies,Logo,Sign,On,The,Building.,Ottawa,,On,,Canada

Earnings

News

After-Hours Center

Movers

FTNT

4분기 실적: 포티넷은 4분기 매출이 16억 6천만 달러로 예상치 15억 9천만 달러를 상회했다고 발표했다.Benzinga Pro에 따르면, 사이버 보안 회사 포티넷의 조정 주당순이익은 74센트를 기록해 애널리스트 예상치 61센트를 크게 상회했다.

포티넷, 4분기 실적 호조로 시간외 주가 6% 급등

Cybersecurity, IT

Sector ETFs

Specialty ETFs

Emerging Market ETFs

Tech

ETFs

AVGO

CHKP

CRWD

CSCO

CYBR

HACK

IHAK

PANW

중국과 연계된 솔트 타이푼(Salt Typhoon) 해커들이 9개 기업의 시스템에 침투했고, 러시아의 지원을 받는 그룹이 스타링크를 통해 우크라이나 군용 기기를 노렸으며, 사이버헤이븐(Cyberhaven)의 브라우저 확장 프로그램이 하이재킹의 희생양이 되었다.

사이버 범죄 급증으로 사이버 보안 ETF 수요 증가

Guidance

포티넷(NASDAQ:FTNT)은 목요일 시장 마감 후에 3분기 재무 실적을 발표했다. 이 발표로 주가는 시간외 거래에서 4% 이상 하락했다. 다음은 이 사이버 보안 회사의 분기 보고서 요약이다.

포티넷의 주식은 양호한 3분기 실적에도 시간외 거래에서 4% 이상 하락

Fortinet Inc

Stephens &amp; Co. analyst Todd Weller initiates coverage on Fortinet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) with a Equal-Weight rating and announces Price Target of $108.

Price Target

Initiation

Analyst Ratings

Stephens & Co. Initiates Coverage On Fortinet with Equal-Weight Rating, Announces Price Target of $108

Jefferies analyst Joseph Gallo maintains Fortinet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) with a Hold and lowers the price target from $115 to $105.

Jefferies Maintains Hold on Fortinet, Lowers Price Target to $105

High-rolling investors have positioned themselves bearish on Fortinet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in FTNT often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 8 options trades for Fortinet. This is not a typical pattern.
The sentiment among these major traders is split, with 25% bullish and 62% bearish. Among all the options we identified, there was one put, amounting to $39,000, and 7 calls, totaling $274,282.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $50.0 to $110.0 for Fortinet during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Fortinet's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Fortinet's whale activity within a strike price range from $50.0 to $110.0 in the last 30 days. 
<h3>Fortinet Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1743021948_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$5.5</td>
<td>$5.3</td>
<td>$5.42</td>
<td>$105.00</td>
<td>$66.9K</td>
<td>533</td>
<td align="right">151</td>
</tr>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$1.5</td>
<td>$1.49</td>
<td>$1.5</td>
<td>$105.00</td>
<td>$44.7K</td>
<td>1.7K</td>
<td align="right">199</td>
</tr>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$4.2</td>
<td>$4.05</td>
<td>$4.05</td>
<td>$100.00</td>
<td>$40.5K</td>
<td>1.4K</td>
<td align="right">5</td>
</tr>
<tr>
<td>FTNT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$15.1</td>
<td>$15.0</td>
<td>$15.0</td>
<td>$110.00</td>
<td>$39.0K</td>
<td>963</td>
<td align="right">26</td>
</tr>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/11/25</td>
<td>$16.95</td>
<td>$16.85</td>
<td>$16.9</td>
<td>$85.00</td>
<td>$33.8K</td>
<td>0</td>
<td align="right">20</td>
</tr>
</tbody>
</table>

<h3>About Fortinet</h3>
Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 800,000 customers across the world.
Having examined the options trading patterns of Fortinet, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Fortinet's Current Market Status</h3>
<ul>
<li>With a volume of 2,996,808, the price of FTNT is down -1.06% at $101.01. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 36 days.</li>
</ul>
<h3>What Analysts Are Saying About Fortinet</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $123.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Morgan Stanley continues to hold a Overweight rating for Fortinet, targeting a price of $123. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Fortinet with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

Options

Markets

A Closer Look at Fortinet's Options Market Dynamics

Investors with a lot of money to spend have taken a bearish stance on Fortinet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with FTNT, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://www.benzinga.com/pro/">Benzinga</a>'s options scanner spotted 8 uncommon options trades for Fortinet.
This isn't normal.
The overall sentiment of these big-money traders is split between 12% bullish and 75%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $69,400, and 6 are calls, for a total amount of $265,100.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $70.0 to $100.0 for Fortinet over the last 3 months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Fortinet's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Fortinet's whale trades within a strike price range from $70.0 to $100.0 in the last 30 days. 
<h3>Fortinet Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1742499102_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$5.85</td>
<td>$5.4</td>
<td>$5.4</td>
<td>$95.00</td>
<td>$86.4K</td>
<td>366</td>
<td align="right">160</td>
</tr>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$8.2</td>
<td>$8.1</td>
<td>$8.2</td>
<td>$100.00</td>
<td>$54.9K</td>
<td>1.9K</td>
<td align="right">38</td>
</tr>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$16.5</td>
<td>$15.7</td>
<td>$15.7</td>
<td>$100.00</td>
<td>$39.2K</td>
<td>804</td>
<td align="right">50</td>
</tr>
<tr>
<td>FTNT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$3.0</td>
<td>$2.99</td>
<td>$3.0</td>
<td>$97.50</td>
<td>$36.9K</td>
<td>458</td>
<td align="right">123</td>
</tr>
<tr>
<td>FTNT</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/18/26</td>
<td>$8.15</td>
<td>$4.95</td>
<td>$6.5</td>
<td>$70.00</td>
<td>$32.5K</td>
<td>108</td>
<td align="right">50</td>
</tr>
</tbody>
</table>

<h3>About Fortinet</h3>
Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 800,000 customers across the world.
In light of the recent options history for Fortinet, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Fortinet</h3>
<ul>
<li>Trading volume stands at 2,305,677, with FTNT's price down by -1.06%, positioned at $97.13.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 42 days.</li>
</ul>
<h3>Expert Opinions on Fortinet</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $123.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on Fortinet with a target price of $123. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Fortinet, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.

Fortinet's Options Frenzy: What You Need to Know

19 analysts have expressed a variety of opinions on Fortinet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">4</td>
<td align="right">6</td>
<td align="right">9</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">3</td>
<td align="right">3</td>
<td align="right">8</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $116.58, a high estimate of $135.00, and a low estimate of $101.00. Witnessing a positive shift, the current average has risen by 12.4% from the previous average price target of $103.72.
<img src="https://www.benzinga.com/files/images/story/2025/1742328033_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
A comprehensive examination of how financial experts perceive Fortinet is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Hamza Fodderwala</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$123.00</td>
<td>$113.00</td>
</tr>
<tr>
<td>Shyam Patil</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Neutral</td>
<td>$110.00</td>
<td>$90.00</td>
</tr>
<tr>
<td>Dan Bergstrom</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$115.00</td>
<td>$97.00</td>
</tr>
<tr>
<td>Jonathan Ruykhaver</td>
<td>Cantor Fitzgerald</td>
<td>Raises</td>
<td>Neutral</td>
<td>$115.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Gabriela Borges</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$130.00</td>
<td>$114.00</td>
</tr>
<tr>
<td>Patrick Colville</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Outperform</td>
<td>$135.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Adam Borg</td>
<td>Stifel</td>
<td>Raises</td>
<td>Hold</td>
<td>$115.00</td>
<td>$103.00</td>
</tr>
<tr>
<td>Andrew Nowinski</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$105.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Rob Owens</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$135.00</td>
<td>$120.00</td>
</tr>
<tr>
<td>Catharine Trebnick</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$125.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Jonathan Ruykhaver</td>
<td>Cantor Fitzgerald</td>
<td>Raises</td>
<td>Neutral</td>
<td>$110.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Shrenik Kothari</td>
<td>Baird</td>
<td>Raises</td>
<td>Neutral</td>
<td>$112.00</td>
<td>$105.00</td>
</tr>
<tr>
<td>Catharine Trebnick</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$115.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Patrick Colville</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Outperform</td>
<td>$115.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Fatima Boolani</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$101.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Rob Owens</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$120.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Gabriela Borges</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$114.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Joseph Gallo</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$105.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Eric Heath</td>
<td>Keybanc</td>
<td>Announces</td>
<td>Overweight</td>
<td>$115.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Fortinet. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Fortinet compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Fortinet's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Fortinet's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/FTNT/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Fortinet analyst ratings.</a>
<h2>Unveiling the Story Behind Fortinet</h2>
Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 800,000 customers across the world.
<h3>Fortinet: A Financial Overview</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Fortinet showcased positive performance, achieving a revenue growth rate of 17.31% as of 31 December, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Fortinet's net margin excels beyond industry benchmarks, reaching 31.7%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Fortinet's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 43.82%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Fortinet's ROA excels beyond industry benchmarks, reaching 5.65%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.67, Fortinet adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>How Are Analyst Ratings Determined?</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Expectations For Fortinet's Future

Morgan Stanley analyst Hamza Fodderwala maintains Fortinet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) with a Overweight and raises the price target from $113 to $123.

Morgan Stanley Maintains Overweight on Fortinet, Raises Price Target to $123

WIIM

ADBE

ADSK

ASAN

BILL

CVLT

FICO

GWRE

INTU

MANH

NTNX

OKTA

PEGA

SAIL

SHOP

SNPS

TEAM

TWLO

Shares of companies in the broader software sector are trading higher. The sector may be rising as the overall market rebounds after falling recently on tariff concerns.

BLND

BRZE

BTDR

BTOG

CRNC

DOCU

ESTC

GTLB

HUBS

KVYO

MNDY

PLTR

PONY

TTAN

ZENA

ZETA

Shares of software companies are trading lower amid overall market weakness and tariff uncertainty. Also, the industry may be moving amid sympathy with Adobe after the company reported soft guidance. Investors may also be weighing the possibility of a government shutdown ahead of the March 14 deadline.

Fortinet's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NYSE">FTNT</a>) short percent of float has risen 32.24% since its last report. The company recently reported that it has 17.96 million shares sold short, which is 2.83% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.49 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Fortinet Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741789818_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Fortinet has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Fortinet's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Fortinet's peer group average for short interest as a percentage of float is 5.20%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

What Does the Market Think About Fortinet?

MRVL

NVDA

SMCI

SNOW

Shares of companies in the broader tech sector are trading higher, rebounding after falling on Monday.

AMOD

APPS

ARBK

BTCT

CDNS

CFLT

DDOG

FIVN

FUFU

GRRR

GRYP

HTCR

INTA

INTZ

MSFT

Next Technology Holding Inc. - Ordinary Shares

NXTT

ORCL

PCOR

PRCH

QBTS

QUBT

RBRK

SLNH

SOUN

TUYA

WDAY

Shares of software stocks are trading lower amid recession worries due to uncertainty regarding tariffs and trade policy. President Trump said there is a "period of transition." Economic uncertainty could drive a rotation out of growth sectors.

<img alt="Wooden blocks spelling TARIFFS are placed on a map of North America, specifically over the United States and Mexico. High quality photo — Photo" class="article-image-one" src="https://www.marketbeat.com/logos/articles/med_20250304152646_tariffs-wont-stop-these-3-stocks-from-rising.jpg" style="height:800px; width:1200px" />
As if investors didn&#39;t have enough to worry about, the Trump tariffs have gone into effect. As other nations begin to retaliate, this could be the initial battle in a prolonged trade war. Stocks are sinking across the board consequently, and that includes some of the top names from 2024, which don&#39;t look as magnificent in 2025.
Tariffs put pressure on corporate earnings and consumer spending, which is leading to cries of recession. However, what makes this particular tariff program so unsettling is its seemingly random, unpredictable nature. Are the tariffs being used to drive down interest rates? Are they being used to drive onshore manufacturing? Or are they, as President Trump says, about leverage to achieve policy objectives?
It makes for an uncertain time, and markets hate uncertainty.
It&#39;s only natural to be concerned, but this isn&#39;t the time to panic. Having discipline and a diversified outlook can help you find stocks that are likely to move higher even as the effects of tariffs start to take effect. Here are three names to consider.
<h2>Fortinet: A Defensive Play on the AI Trade</h2>
Cybersecurity stocks are one area for investors to look for stocks that are likely to grow in an uncertain tariff environment. <a href="https://www.marketbeat.com/stocks/NASDAQ/FTNT/" rel="noreferrer noopener" target="_blank">Fortinet Inc. (NASDAQ: </a><a class="ticker" href="https://www.benzinga.com/stock/ftnt#NASDAQ">FTNT</a>) is one of the top names to consider. The company is primarily focused on the hardware firewall niche through a unified platform.
[content-module:CompanyOverview|NASDAQ:FTNT]
Analysts are forecasting a significant upgrade cycle in 2026 and 2027. This should be a significant catalyst for a company that already has one of the best operating margins in the sector.
FTNT stock is also one of the <a href="https://www.marketbeat.com/videos/analysts-predict-big-gains-for-these-3-cybersecurity-leaders/" rel="noreferrer noopener" target="_blank">most upgraded stocks</a>. As of March 4, 2025, the Fortinet analyst forecasts on MarketBeat had a consensus price target of $103.72, which is about 3% lower than its current price. However, in the last 30 days, analysts have raised their price targets to levels that would give the stock an upside of around 20%.
Investors are wondering if the AI trade has peaked. The emergence of China&#39;s DeepSeek is weighing on some stocks focused on AI infrastructure. However, cybersecurity is less exposed to tariff risks, which will keep analysts focused on the increasing demand for cybersecurity caused by AI&#39;s growth.
<h2>Texas Roadhouse: This Restaurant Stock Just Flashed a Buy Signal</h2>
Restaurant stocks can be sensitive to tariffs for many reasons, including the cost of ingredients, supply chain snafus, and waning consumer demand.
[content-module:CompanyOverview|NASDAQ:TXRH]
However, this sector can be an example of a stock picker&#39;s market, and&nbsp;<a href="https://www.marketbeat.com/stocks/NASDAQ/TXRH/" rel="noreferrer noopener" target="_blank">Texas Roadhouse Inc. (NASDAQ: </a><a class="ticker" href="https://www.benzinga.com/stock/txrh#NASDAQ">TXRH</a>) is one of the best names to consider as discretionary dollars become tight.
Texas Roadhouse is simply one of the most well-run restaurant chains in the United States. And in the fourth quarter of 2024, it continued to post high single-digit year-over-year (YoY) growth in same-store sales. Plus, the company is still planning to open more restaurants in 2025.
And one of the reasons to buy TXRH stock now can be found in the company&#39;s stock chart. Late in February, the stock hit a low around $169 which formed an almost perfect double-bottom pattern. This can be a bullish signal and sure enough in the seven trading days ending March 4, the stock is up about 10%.
<h2>Lowe&#39;s: A Stable Stock for Long-Term Investors</h2>
Investing in <a href="https://www.marketbeat.com/stocks/sectors/retail-wholesale/" rel="noreferrer noopener" target="_blank">retail stocks</a> has been tricky in the past two years. Consumers have mostly absorbed inflation and rising interest rates. And now tariffs are driving up prices again.
[content-module:CompanyOverview|NYSE:LOW]
<a href="https://www.marketbeat.com/stocks/NYSE/LOW/" rel="noreferrer noopener" target="_blank">Lowe&#39;s Companies Inc. (NYSE: </a><a class="ticker" href="https://www.benzinga.com/stock/low#NYSE">LOW</a>) is exposed to the retail sector via the housing and home improvement market, and it&#39;s been feeling the impact of a weak market on its top and bottom lines.
One of the best reasons to own Lowe&#39;s stock is its dividend. The company is a dividend king that has increased its dividend for 53 consecutive years, and it&#39;s been increasing that dividend at an average annualized growth rate of around 14.8% in the last three years.
LOW stock has been essentially flat over the last twelve months. But if you zoom out on the company&#39;s chart, you can see a bullish pattern where the stock may retreat over 10% but then come back to make new highs. That would be consistent with analyst sentiment, which has a consensus price target of $280.45 for LOW stock.
<h2><a href="https://www.marketbeat.com/newsletter/PDFoffer.aspx?offer=top5&amp;RegistrationCode=SyndicatedArticleLink" style="text-decoration:none;color:var(--dark-blue); font-weight:500;">Where Should You Invest $1,000 Right Now?</a></h2>
Before you make your next trade, you&#39;ll want to hear this.
MarketBeat keeps track of Wall Street&#39;s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the <a href="https://www.marketbeat.com/newsletter/PDFoffer.aspx?offer=top5&amp;RegistrationCode=SyndicatedArticleLink">five stocks</a> that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
<a class="btn btn-featured" href="https://www.marketbeat.com/newsletter/PDFoffer.aspx?offer=top5&amp;RegistrationCode=SyndicatedArticleLink" style="text-decoration:none">See The Five Stocks Here </a>
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/tariffs-wont-stop-these-3-stocks-from-rising/">Tariffs Won&#39;t Stop These 3 Stocks From Rising</a>&quot; first appeared on MarketBeat.

Equities

TXRH

Tariffs Won't Stop These 3 Stocks From Rising

Investors with a lot of money to spend have taken a bearish stance on Fortinet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with FTNT, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://www.benzinga.com/pro/">Benzinga</a>'s options scanner spotted 11 uncommon options trades for Fortinet.
This isn't normal.
The overall sentiment of these big-money traders is split between 18% bullish and 54%, bearish.
Out of all of the special options we uncovered, 9 are puts, for a total amount of $663,001, and 2 are calls, for a total amount of $72,354.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $80.0 to $100.0 for Fortinet over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Fortinet stands at 585.75, with a total volume reaching 16,657.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Fortinet, situated within the strike price corridor from $80.0 to $100.0, throughout the last 30 days.
<h3>Fortinet Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741202216_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th align="right">Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>FTNT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$5.6</td>
<td>$5.55</td>
<td>$5.61</td>
<td>$100.00</td>
<td>$122.2K</td>
<td align="right">91</td>
<td>2.7K</td>
</tr>
<tr>
<td>FTNT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$5.7</td>
<td>$5.65</td>
<td>$5.68</td>
<td>$100.00</td>
<td>$96.5K</td>
<td align="right">91</td>
<td>3.4K</td>
</tr>
<tr>
<td>FTNT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>05/16/25</td>
<td>$5.7</td>
<td>$5.3</td>
<td>$5.63</td>
<td>$100.00</td>
<td>$80.4K</td>
<td align="right">91</td>
<td>2.4K</td>
</tr>
<tr>
<td>FTNT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$5.55</td>
<td>$5.5</td>
<td>$5.53</td>
<td>$100.00</td>
<td>$71.8K</td>
<td align="right">91</td>
<td>2.5K</td>
</tr>
<tr>
<td>FTNT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$5.7</td>
<td>$5.65</td>
<td>$5.65</td>
<td>$100.00</td>
<td>$70.5K</td>
<td align="right">91</td>
<td>917</td>
</tr>
</tbody>
</table>

<h3>About Fortinet</h3>
Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 800,000 customers across the world.
Following our analysis of the options activities associated with Fortinet, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Fortinet</h3>
<ul>
<li>With a volume of 2,383,472, the price of FTNT is up 0.23% at $106.72. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 57 days.</li>
</ul>
<h3>Professional Analyst Ratings for Fortinet</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $116.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; An analyst from Susquehanna persists with their Neutral rating on Fortinet, maintaining a target price of $110. 
&#x2A; Maintaining their stance, an analyst from Wells Fargo continues to hold a Equal-Weight rating for Fortinet, targeting a price of $105. 
&#x2A; An analyst from Cantor Fitzgerald has decided to maintain their Neutral rating on Fortinet, which currently sits at a price target of $115. 
&#x2A; Maintaining their stance, an analyst from Stifel continues to hold a Hold rating for Fortinet, targeting a price of $115. 
&#x2A; An analyst from Piper Sandler has revised its rating downward to Overweight, adjusting the price target to $135. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Fortinet options trades with real-time alerts from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.

Smart Money Is Betting Big In FTNT Options

Investors with a lot of money to spend have taken a bullish stance on Fortinet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with FTNT, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://www.benzinga.com/pro/">Benzinga</a>'s options scanner spotted 8 uncommon options trades for Fortinet.
This isn't normal.
The overall sentiment of these big-money traders is split between 62% bullish and 25%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $79,740, and 5 are calls, for a total amount of $213,120.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $55.0 to $125.0 for Fortinet during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Fortinet's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Fortinet's whale trades within a strike price range from $55.0 to $125.0 in the last 30 days. 
<h3>Fortinet Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1741020351_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$34.15</td>
<td>$32.2</td>
<td>$33.23</td>
<td>$100.00</td>
<td>$66.4K</td>
<td>11.3K</td>
<td align="right">21</td>
</tr>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$31.65</td>
<td>$30.25</td>
<td>$31.65</td>
<td>$100.00</td>
<td>$47.4K</td>
<td>11.3K</td>
<td align="right">20</td>
</tr>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$13.2</td>
<td>$13.15</td>
<td>$13.15</td>
<td>$120.00</td>
<td>$42.0K</td>
<td>339</td>
<td align="right">32</td>
</tr>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$62.75</td>
<td>$60.3</td>
<td>$62.0</td>
<td>$55.00</td>
<td>$31.0K</td>
<td>0</td>
<td align="right">5</td>
</tr>
<tr>
<td>FTNT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$14.2</td>
<td>$14.1</td>
<td>$14.1</td>
<td>$110.00</td>
<td>$28.2K</td>
<td>414</td>
<td align="right">0</td>
</tr>
</tbody>
</table>

<h3>About Fortinet</h3>
Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 800,000 customers across the world.
Following our analysis of the options activities associated with Fortinet, we pivot to a closer look at the company's own performance.
<h3>Where Is Fortinet Standing Right Now?</h3>
<ul>
<li>With a volume of 1,352,414, the price of FTNT is up 0.81% at $108.89. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 59 days.</li>
</ul>
<h3>Professional Analyst Ratings for Fortinet</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $121.4.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; An analyst from Piper Sandler has revised its rating downward to Overweight, adjusting the price target to $135. 
&#x2A; An analyst from Baird has revised its rating downward to Neutral, adjusting the price target to $112. 
&#x2A; An analyst from Stifel persists with their Hold rating on Fortinet, maintaining a target price of $115. 
&#x2A; An analyst from Cantor Fitzgerald persists with their Neutral rating on Fortinet, maintaining a target price of $110. 
&#x2A; Maintaining their stance, an analyst from Scotiabank continues to hold a Sector Outperform rating for Fortinet, targeting a price of $135. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Fortinet options trades with real-time alerts from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.

Fortinet Options Trading: A Deep Dive into Market Sentiment

Our purpose here at Under the Radar is to bring companies, ideas, and strategies to your attention before Wall Street uncovers them.
We do not want to find ourselves in a situation like Yogi Berra once described a New York hangout—a place that no one goes to anymore because it is too crowded. We aim to bring you companies that are undervalued and selling for a fraction of their intrinsic worth as operating businesses, long before the thundering herd begins piling into the shares.
Occasionally, we identify a business that Wall Street is ignoring, which is trading for less than the value of its assets but has the financial strength to survive until conditions improve or until an acquisition occurs. Fast-growing companies that Wall Street has not yet discovered are another valuable source of potentially profitable ideas.
Sometimes, we introduce the names of hedge fund managers who work outside the spotlight yet consistently generate market-beating returns. Cloning their portfolios, away from the bright lights of Wall Street, can be profitable.
You have probably also noticed that I am country-agnostic. For the most part, I do not care where a business is located. If research shows that it has the potential for substantial profits, I want to share it with you.
My favorite thing to share with readers is a strategy that Wall Street is not discussing but has the potential to deliver significant winners. Those who have followed me for any length of time know that I am constantly testing ideas and strategies to determine what works and what does not.
Most ideas, no matter how exciting they may initially seem, fail to deliver real value. However, when we identify a strategy that empirical testing demonstrates can consistently deliver substantial winners, I cannot wait to share it with you. More often than not, the best ideas are the simplest, and that is the case with the strategy I am going to introduce today.
We will adhere to fundamental principles and invest in stocks with rapidly growing sales and strong financials. We are going to disregard earnings per share growth, analyst rankings and predictions, and valuation metrics. Instead, we will focus on one key question: Are these companies consistently selling more of their products and services?
We want to see high sales growth over one-, three-, and five-year periods. We are not interested in short-lived trends or companies that experience temporary spikes in demand, such as those selling fad products.
We also want companies that maintain strong balance sheets with ample liquidity. Their financial statements should show continued improvement. We avoid companies that are persistently borrowing more money or issuing stock to fund their operations.
To simplify our search, we screen for companies with high revenue growth rates and Piotroski F-Scores of seven or higher. This straightforward formula delivers returns that consistently outperform the market and helps uncover major winners before they begin to soar.
Over the past decade, this approach has uncovered significant winners, including off-the-radar stocks like Mr. Cooper (Ticker: COOP), Fortinet (Ticker: FTNT), and Arista Networks (Ticker: ANET) early in their meteoric rise. It has also maintained positions in well-established giants such as NVIDIA (Ticker: NVDA), Amazon (Ticker: AMZN), and Meta (Ticker: META).
When I ran the screen today, I identified several off-the-radar stocks with strong fundamentals and consistently high revenue growth. Investors who act before Wall Street takes notice could see substantial gains in the coming years.
One standout is Doximity, Inc. (Ticker: DOCS), a leading digital platform for U.S. medical professionals that provides tools for collaboration, medical news updates, career management, and virtual patient visits. Founded in 2010, Doximity has expanded to serve over 80 percent of U.S. physicians, along with a significant number of nurse practitioners and physician assistants.
It functions as a professional network, a telehealth provider, and a marketing platform for pharmaceutical and hospital systems. With more than 80 percent of U.S. doctors registered on the platform, Doximity has become an indispensable digital tool in the medical industry. The company&#8217;s rapid growth is beginning to attract Wall Street&#8217;s attention, and investors are starting to accumulate shares.
This simple strategy also uncovered another off-the-radar stock poised to benefit from the massive growth in semiconductors over the next decade.
While most investors are focused on major semiconductor names such as TSMC, ASML, and NVIDIA, a lesser-known Japanese company is playing a crucial role in the industry&#8217;s expansion. Lasertec Corporation (Ticker: LSRCY) dominates the high-precision inspection and measurement market for semiconductor manufacturers.
Based in Yokohama, Lasertec specializes in tools that inspect photomasks and wafers, particularly for cutting-edge extreme ultraviolet (EUV) lithography—the same technology that enables the production of the most advanced chips in the world. If a chip is destined for an artificial intelligence server, a high-performance GPU, or an advanced smartphone, there is a high probability that Lasertec's inspection systems ensured its quality.
Business is thriving. In the fiscal year ending June 2024, Lasertec reported revenue of ¥213.5 billion, representing a remarkable 39.7 percent year-over-year increase. Net income surged to ¥59.08 billion, reflecting a 27.97 percent rise. Growth of this magnitude is difficult to overlook, especially in a market where artificial intelligence and high-performance computing continue to drive demand for cutting-edge chips.
Despite its essential role, Lasertec remains under the radar. Unlike (Ticke: TSMC) which manufactures chips, or (Ticker: ASML) which builds lithography machines, Lasertec provides the crucial inspection technology that ensures semiconductor production remains efficient and precise. Its niche is indispensable, and its financial performance confirms its strength.
Lasertec operates with a fabless model, focusing on research and development while outsourcing production. This strategy keeps costs low and fosters innovation, allowing the company to remain agile in an industry where technological advancements occur at a rapid pace.
With subsidiaries across the United States, China, South Korea, Taiwan, and Europe, Lasertec ensures its global clients receive the necessary support. Its inspection technology is a vital component of next-generation semiconductor manufacturing, making it a business worth watching.

Opinion

AMZN

ANET

ASML

COOP

DOCS

LSRCY

Under the Radar: High Revenue Growth Meets Strong Financial Health

Deep-pocketed investors have adopted a bullish approach towards Fortinet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in FTNT usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 22 extraordinary options activities for Fortinet. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 72% leaning bullish and 22% bearish. Among these notable options, 5 are puts, totaling $291,612, and 17 are calls, amounting to $6,744,189.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $67.5 to $115.0 for Fortinet over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Fortinet options trades today is 1575.43 with a total volume of 8,406.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Fortinet's big money trades within a strike price range of $67.5 to $115.0 over the last 30 days.
<h3>Fortinet 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1740423635_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$33.45</td>
<td>$32.65</td>
<td>$33.2</td>
<td>$100.00</td>
<td>$2.4M</td>
<td>8.2K</td>
<td>1.3K</td>
</tr>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$33.7</td>
<td>$31.65</td>
<td>$33.4</td>
<td>$100.00</td>
<td>$668.0K</td>
<td>8.2K</td>
<td>800</td>
</tr>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$33.75</td>
<td>$31.95</td>
<td>$33.4</td>
<td>$100.00</td>
<td>$557.7K</td>
<td>8.2K</td>
<td>633</td>
</tr>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$33.45</td>
<td>$33.1</td>
<td>$33.1</td>
<td>$100.00</td>
<td>$383.9K</td>
<td>8.2K</td>
<td>1.3K</td>
</tr>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$34.0</td>
<td>$32.15</td>
<td>$34.0</td>
<td>$100.00</td>
<td>$340.0K</td>
<td>8.2K</td>
<td>0</td>
</tr>
</tbody>
</table>

<h3>About Fortinet</h3>
Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 800,000 customers across the world.
In light of the recent options history for Fortinet, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Fortinet</h3>
<ul>
<li>Currently trading with a volume of 3,369,347, the FTNT's price is down by -0.56%, now at $109.4. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 66 days.</li>
</ul>
<h3>What The Experts Say On Fortinet</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $122.4.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Reflecting concerns, an analyst from Baird lowers its rating to Neutral with a new price target of $112. 
&#x2A; Consistent in their evaluation, an analyst from Wells Fargo keeps a Equal-Weight rating on Fortinet with a target price of $105. 
&#x2A; An analyst from Scotiabank has decided to maintain their Sector Outperform rating on Fortinet, which currently sits at a price target of $135. 
&#x2A; An analyst from Piper Sandler has revised its rating downward to Overweight, adjusting the price target to $135. 
&#x2A; Consistent in their evaluation, an analyst from Rosenblatt keeps a Buy rating on Fortinet with a target price of $125. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Fortinet, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.

Market Whales and Their Recent Bets on FTNT Options

Fortinet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) has outperformed the market over the past 15 years by 19.94% on an annualized basis producing an average annual return of 31.74%. Currently, Fortinet has a market capitalization of $83.64 billion. 
Buying $1000 In FTNT: If an investor had bought $1000 of FTNT stock 15 years ago, it would be worth $60,661.48 today based on a price of $109.13 for FTNT at the time of writing.
<h3>Fortinet's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1740415512_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Fortinet Stock In The Last 15 Years

BLIN

CIFR

CLSK

Core Scientific, Inc. - Class A Common Stock

CORZ

IREN

MARA

MSTR

PATH

RIOT

Shares of software companies are trading lower amid overall market weakness on US consumer and economic concerns.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$60.00</td>
<td>$29.4K</td>
<td>48.1K</td>
<td>90.7K</td>
</tr>
<tr>
<td>NVDA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$130.00</td>
<td>$26.6K</td>
<td>70.8K</td>
<td>32.3K</td>
</tr>
<tr>
<td>RGTI</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>02/21/25</td>
<td>$10.50</td>
<td>$27.0K</td>
<td>1.7K</td>
<td>5.9K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$45.00</td>
<td>$236.8K</td>
<td>23.0K</td>
<td>2.8K</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$120.00</td>
<td>$49.1K</td>
<td>6.2K</td>
<td>1.7K</td>
</tr>
<tr>
<td>QBTS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$8.00</td>
<td>$80.1K</td>
<td>4.5K</td>
<td>1.4K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>02/28/25</td>
<td>$126.00</td>
<td>$41.5K</td>
<td>1.0K</td>
<td>1.2K</td>
</tr>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$100.00</td>
<td>$58.5K</td>
<td>6.1K</td>
<td>1.2K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/07/25</td>
<td>$225.00</td>
<td>$123.5K</td>
<td>877</td>
<td>708</td>
</tr>
<tr>
<td>MCHP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/28/25</td>
<td>$60.00</td>
<td>$65.0K</td>
<td>560</td>
<td>522</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on February 21, 2025. This event was a transfer of 62 contract(s) at a $60.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $29.4K, with a price of $475.0 per contract. There were 48158 open contracts at this strike prior to today, and today 90783 contract(s) were bought and sold. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on February 21, 2025. Parties traded 1900 contract(s) at a $130.00 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $26.6K, with a price of $14.0 per contract. There were 70835 open contracts at this strike prior to today, and today 32305 contract(s) were bought and sold. 
• Regarding RGTI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>), we observe a call option trade with neutral sentiment. It expires in 2 day(s) on February 21, 2025. Parties traded 300 contract(s) at a $10.50 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $90.0 per contract. There were 1716 open contracts at this strike prior to today, and today 5965 contract(s) were bought and sold. 
• For INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we notice a call option trade that happens to be neutral, expiring in 331 day(s) on January 16, 2026. This event was a transfer of 2115 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $236.8K, with a price of $112.0 per contract. There were 23060 open contracts at this strike prior to today, and today 2856 contract(s) were bought and sold. 
• For DELL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>), we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on February 21, 2025. This event was a transfer of 289 contract(s) at a $120.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $49.1K, with a price of $170.0 per contract. There were 6270 open contracts at this strike prior to today, and today 1767 contract(s) were bought and sold. 
• Regarding QBTS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>), we observe a call option sweep with bearish sentiment. It expires in 30 day(s) on March 21, 2025. Parties traded 1000 contract(s) at a $8.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $80.1K, with a price of $80.0 per contract. There were 4574 open contracts at this strike prior to today, and today 1441 contract(s) were bought and sold. 
• For PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we notice a call option trade that happens to be neutral, expiring in 9 day(s) on February 28, 2025. This event was a transfer of 100 contract(s) at a $126.00 strike. The total cost received by the writing party (or parties) was $41.5K, with a price of $415.0 per contract. There were 1071 open contracts at this strike prior to today, and today 1259 contract(s) were bought and sold. 
• Regarding FTNT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>), we observe a call option trade with bullish sentiment. It expires in 695 day(s) on January 15, 2027. Parties traded 16 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $58.5K, with a price of $3660.0 per contract. There were 6191 open contracts at this strike prior to today, and today 1207 contract(s) were bought and sold. 
• Regarding AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we observe a call option trade with bullish sentiment. It expires in 16 day(s) on March 7, 2025. Parties traded 100 contract(s) at a $225.00 strike. The total cost received by the writing party (or parties) was $123.5K, with a price of $1235.0 per contract. There were 877 open contracts at this strike prior to today, and today 708 contract(s) were bought and sold. 
• Regarding MCHP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>), we observe a call option trade with bearish sentiment. It expires in 9 day(s) on February 28, 2025. Parties traded 250 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $65.0K, with a price of $260.0 per contract. There were 560 open contracts at this strike prior to today, and today 522 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

DELL

INTC

MCHP

RGTI

10 Information Technology Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$150.00</td>
<td>$29.4K</td>
<td>123.2K</td>
<td>8.9K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$120.00</td>
<td>$28.0K</td>
<td>20.2K</td>
<td>6.7K</td>
</tr>
<tr>
<td>ZETA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/28/25</td>
<td>$30.00</td>
<td>$39.7K</td>
<td>541</td>
<td>3.2K</td>
</tr>
<tr>
<td>ANET</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$110.00</td>
<td>$44.3K</td>
<td>2.9K</td>
<td>3.0K</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/28/25</td>
<td>$190.00</td>
<td>$67.0K</td>
<td>1.2K</td>
<td>2.4K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$170.00</td>
<td>$166.4K</td>
<td>11.6K</td>
<td>2.1K</td>
</tr>
<tr>
<td>FTNT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$100.00</td>
<td>$168.7K</td>
<td>3.1K</td>
<td>2.1K</td>
</tr>
<tr>
<td>WDC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$75.00</td>
<td>$33.0K</td>
<td>13.2K</td>
<td>2.0K</td>
</tr>
<tr>
<td>AMD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$130.00</td>
<td>$29.4K</td>
<td>5.6K</td>
<td>1.6K</td>
</tr>
<tr>
<td>DELL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$155.00</td>
<td>$194.5K</td>
<td>346</td>
<td>1.4K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option trade with bullish sentiment. It expires in 31 day(s) on March 21, 2025. Parties traded 50 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $29.4K, with a price of $588.0 per contract. There were 123284 open contracts at this strike prior to today, and today 8983 contract(s) were bought and sold. 
• For PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we notice a call option sweep that happens to be bearish, expiring in 31 day(s) on March 21, 2025. This event was a transfer of 28 contract(s) at a $120.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $28.0K, with a price of $1001.0 per contract. There were 20299 open contracts at this strike prior to today, and today 6726 contract(s) were bought and sold. 
• For ZETA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NYSE">ZETA</a>), we notice a call option sweep that happens to be bearish, expiring in 10 day(s) on February 28, 2025. This event was a transfer of 284 contract(s) at a $30.00 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $39.7K, with a price of $140.0 per contract. There were 541 open contracts at this strike prior to today, and today 3240 contract(s) were bought and sold. 
• For ANET (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>), we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on February 21, 2025. This event was a transfer of 78 contract(s) at a $110.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $44.3K, with a price of $568.0 per contract. There were 2943 open contracts at this strike prior to today, and today 3034 contract(s) were bought and sold. 
• Regarding ORCL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on February 28, 2025. Parties traded 500 contract(s) at a $190.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $67.0K, with a price of $134.0 per contract. There were 1298 open contracts at this strike prior to today, and today 2421 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option sweep that happens to be bullish, expiring in 332 day(s) on January 16, 2026. This event was a transfer of 23 contract(s) at a $170.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $166.4K, with a price of $7235.0 per contract. There were 11611 open contracts at this strike prior to today, and today 2112 contract(s) were bought and sold. 
• For FTNT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>), we notice a call option sweep that happens to be bullish, expiring in 696 day(s) on January 15, 2027. This event was a transfer of 45 contract(s) at a $100.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $168.7K, with a price of $3750.0 per contract. There were 3155 open contracts at this strike prior to today, and today 2110 contract(s) were bought and sold. 
• For WDC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>), we notice a call option sweep that happens to be bearish, expiring in 58 day(s) on April 17, 2025. This event was a transfer of 110 contract(s) at a $75.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $33.0K, with a price of $300.0 per contract. There were 13251 open contracts at this strike prior to today, and today 2005 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a call option sweep that happens to be bullish, expiring in 122 day(s) on June 20, 2025. This event was a transfer of 50 contract(s) at a $130.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $29.4K, with a price of $590.0 per contract. There were 5635 open contracts at this strike prior to today, and today 1619 contract(s) were bought and sold. 
• Regarding DELL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>), we observe a call option trade with bullish sentiment. It expires in 58 day(s) on April 17, 2025. Parties traded 1400 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $194.5K, with a price of $139.0 per contract. There were 346 open contracts at this strike prior to today, and today 1407 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

10 Information Technology Stocks With Whale Alerts In Today's Session

Press Releases

Fortinet Achieves the Highest Possible "AAA" Rating on the Industry's Only Independent, Third-Party Security Service Edge Test

Fortinet to Announce Fourth Quarter and Full Year 2024 Financial Results

Fortinet to Collaborate and Share Insights with Global Leaders at World Economic Forum Annual Meeting

The Pittsburgh Steelers Name Fortinet a "Proud Partner," Leverage the Fortinet Security Fabric Platform

General

Fortinet Delivers Unmatched Security and Efficient Network Performance for the Distributed Enterprise with New Next-Gen Firewalls

Fortinet Reports Fourth Quarter and Full Year 2024 Financial Results

Fortinet at Mobile World Congress: Join Us to Explore Sovereign SASE Innovations

Fortinet Evolves FortiAnalyzer into a Turnkey AI-Driven SecOps Platform for Resource-Constrained Security Teams

Empower Students with Free Resources to Thrive in Today's Digital World from the New Digital Citizenship Initiative by Discovery Education with Verizon and Fortinet

Fortinet Expands Its OT Security Platform to Strengthen Protection for Critical Infrastructure

Comments

Fortinet

Unusual Options Activity for

뉴스

파트너 / 기고자

벤징가 글로벌

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
03:34 PMFeb 19, 2025	CALL	$100.00	Jan 15, 2027	652	2004	500	32	6191	TRADE	BULLISH
12:38 PMFeb 19, 2025	CALL	$100.00	Jan 15, 2027	652	1624	250	26	6191	SWEEP	BULLISH
10:46 AMFeb 19, 2025	PUT	$120.00	Mar 21, 2025	-13	1080	1080	102	1064	TRADE	BEARISH
03:10 PMFeb 18, 2025	PUT	$135.00	Sep 19, 2025	169	300	300	Infinity	0	TRADE	BULLISH