Fortinet Inc. (FTNT)
Fortinet Max Pain By Strike
FTNT trades at $85.79, 2.1% above the near-term max pain of $84 expiring Oct 10, 2025 (4 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($70-$90), signaling increased put positioning or downside protection. Key magnetic zone at 80 where 6 expirations converge.
Fortinet Max Pain By Expiry
Max pain for FTNT shows a downward trend from 90 to 70, indicating bearish sentiment or hedging activity. The 24% spread signals divergent expectations across timeframes. Most levels below 85.79 may cap rallies. Strong magnetic level at 80 (6 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Oct 10, 2025 | 84 | n/a (n/a) |
| Oct 17, 2025 | 80 | n/a (n/a) |
| Oct 24, 2025 | 80 | n/a (n/a) |
| Oct 31, 2025 | 83 | n/a (n/a) |
| Nov 7, 2025 | 85 | n/a (n/a) |
| Nov 14, 2025 | 86 | n/a (n/a) |
| Nov 21, 2025 | 80 | n/a (n/a) |
| Dec 19, 2025 | 80 | n/a (n/a) |
| Jan 16, 2026 | 80 | n/a (n/a) |
| Feb 20, 2026 | 80 | n/a (n/a) |
| Mar 20, 2026 | 87.5 | n/a (n/a) |
| May 15, 2026 | 90 | n/a (n/a) |
| Jun 18, 2026 | 90 | n/a (n/a) |
| Sep 18, 2026 | 85 | n/a (n/a) |
| Dec 18, 2026 | 90 | n/a (n/a) |
| Jan 15, 2027 | 85 | n/a (n/a) |
| Jan 21, 2028 | 70 | n/a (n/a) |