6/28/2024-Unusual Options Activity In FTNT

$FTNT-Bearish flow noted in Fortinet (60.49 +0.45) with 2,126 puts trading, or 1.4x expected. The Put/Call Ratio is 1.76, while ATM IV is up over 2 points on the day. Earnings are expected on 08/01. The OCT 18th 2024 55.00 PUTS are being bought.