Free FTNT GEX Heatmap - Fortinet Gamma Exposure
Use free FTNT GEX Heatmap to compare modeled gamma exposure across strikes and expirations for Fortinet. Generate the grid, then review call wall, put wall, gamma flip and expiration structure alongside business context that includes software demand, security spending, product adoption, and recurring revenue.
How to use the FTNT GEX Heatmap
Confirm FTNT
FTNT is already entered. Keep it or search another ticker.
Choose the formula
Keep the default formula or select the available calculation view.
Generate the Heatmap
Create the grid, then compare exposure across strikes and expirations.
Visualize gamma exposure across strike prices and expirations. Green = positive (call-heavy), purple = negative (put-heavy).
GEX Workspace
Multi-ticker dashboard with alerts
GEX Intraday PlayTape
Intraday gamma movement & replay
Max Pain Calculator
Options pain strike by expiration
Key levels
FTNT GEX heatmap levels in detail
Data as of
Spot
$175.11
Call wall
$177.50
1.4% above spot
Put wall
$155
11.5% below spot
Gamma flip
$158.17
9.7% below spot
Net GEX
$16K
positive gamma
Since the previous session (Sep 18)
- Spot up 2.8% ($170.32 to $175.11)
- Call wall $170 to $177.50
- Put wall $170 to $155
- Net GEX $113K to $16K
These are the levels across every expiration in the latest snapshot. The heatmap below breaks the same exposure out strike by strike and expiration by expiration, so you can see which expiry carries each level.
Reviewed by the QuantWheel research team. Modeled from listed FTNT options data; not observed dealer inventory and not a forecast. Read how we compute FTNT GEX heatmap levels.
Build your FTNT GEX workspace
Add FTNT Heatmap, Max Pain and other GEX views to a custom multi-ticker workspace.
Understanding the FTNT GEX heatmap
The FTNT options chain represents Fortinet. Evaluate its open-interest distribution alongside business context that includes software demand, security spending, product adoption, and recurring revenue. Use the heatmap to compare modeled exposure by strike and expiration instead of reading one cell without the surrounding grid.
For FTNT, compare nearby expiration columns with later expirations before interpreting the call wall, put wall or gamma flip. Changes in open interest and included contracts can alter the modeled grid. The result describes selected options data and does not predict where Fortinet will trade.
FTNT Heatmap methodology and limitations
The grid applies the selected formula to available FTNT options data and organizes the modeled result by strike and expiration. The call wall, put wall and gamma flip summarize that model across the displayed data.
The heatmap does not observe market-maker positions, identify who owns a contract or predict the next FTNT move. Use it as positioning context and compare the model with price, liquidity and your own risk plan.
Prefer a strike-level chart? Open the FTNT GEX chart.
FTNT GEX heatmap FAQ
What is a FTNT GEX heatmap?
A FTNT GEX heatmap is a grid of QuantWheel's modeled gamma exposure. Rows represent strikes, columns represent expirations, and color intensity represents the direction and relative size of the modeled exposure in each cell.
How do I read the FTNT GEX heatmap?
Start with strikes near the FTNT price, then compare the nearest expiration columns with later expirations. Read down one column to examine one expiration and across one row to see whether modeled exposure at a strike appears in several expirations.
What do the FTNT GEX heatmap colors show?
Green cells show positive modeled net gamma and purple cells show negative modeled net gamma. Stronger color indicates a larger modeled value. The colors describe the calculation and are not guaranteed bullish, bearish, support, or resistance signals.
How are the FTNT call wall, put wall and gamma flip modeled?
QuantWheel derives the displayed FTNT levels from the selected formula and available options data. The call wall marks the largest positive modeled exposure, the put wall marks the largest negative modeled exposure, and the gamma flip estimates where aggregate modeled gamma changes sign.
How is the FTNT GEX heatmap different from the FTNT GEX chart?
The FTNT heatmap separates modeled exposure by strike and expiration. The FTNT GEX chart provides a strike-level profile in a chart view. Use the heatmap when the expiration breakdown matters and the chart when you want a simpler strike profile.
Is the FTNT GEX heatmap free?
Yes. QuantWheel provides a limited number of free FTNT GEX heatmap calculations. The tool shows the remaining free uses before you generate another heatmap.