I was assigned 100 shares of Fortinet (FTNT) as my short sell of FTNT20251128 PUT option is exercised at $83 by the buyer today, 2 days before the expiry date.
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For the past few months, I found myself entangled in an endless cycle of rolling cash-secured put options on Fortinet. Each expiry came with the same internal decision — collect premium, roll forward, or let assignment happen. Looking at my past option orders, I have collected around US$780 of premiums from Fortinet without holding a single share. Eventually, the market made the decision for me. I was assigned Fortinet shares at an effective net cost of US$75.2 per share after factoring in all the premiums collected. What initially felt like a reluctant commitment has, after reflection, evolved into a deliberate long-term investment thesis.
Fortinet is a pure-play cybersecurity company specialising in firewalls, secure networking, zero-trust security and
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