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Fortinet options imply 9.7% move in share price post-earnings
The Fly

Fortinet options imply 9.7% move in share price post-earnings

Pre-earnings options volume in Fortinet is 2.3x normal with puts leading calls 4:3. Implied volatility suggests the market is anticipating a move near 9.7%, or $6.45, after results are released. Median move over the past eight quarters is 11.6%.

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