Tour v366
VRTX
VERTEX PHARMACEUTICA
$480.50 -1.06%
$476.33 (-0.87%)🌙
as of 07/20 07:15 PM
7/20 19:15

Option Volume

Detail
Current (07/20) 2,526
Calls: 982 (39%)
Puts: 1,544 (61%)
Prior (07/17) 7,566
Calls: 1,473 (19%)
Puts: 6,093 (81%)
Current vs Prior -66.61%
Calls: -33.33% (Calls)
Puts: -74.66% (Puts)
Prior 7-Day Total 28,284
Calls: 10,107 (36%)
Puts: 18,177 (64%)
Prior 7-Day Average 4,040
Calls: 1,443 (36%)
Puts: 2,596 (64%)
Current vs Prior 7-Day Avg -37.48%
Calls: -31.99%
Puts: -40.54%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/20) $3.07M
Calls: $1.61M (52%)
Puts: $1.46M (48%)
Prior (07/17) $3.47M
Calls: $2.56M (74%)
Puts: $909.4K (26%)
Current vs Prior -11.69%
Calls: -37.41%
Puts: +60.85%
Prior 7-Day Total $23.17M
Calls: $14.56M (63%)
Puts: $8.61M (37%)
Prior 7-Day Average $3.31M
Calls: $2.08M (63%)
Puts: $1.23M (37%)
Current vs Prior 7-Day Avg -7.29%
Calls: -22.82%
Puts: +18.99%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/20) 1.57
Prior (07/17) 4.14
Current vs Prior -61.99%
Prior 7-Day Average 2.01
Current vs Prior 7-Day Avg -21.83%
Sentiment BEARISH

Open Interest

Detail
Current (07/20) 5,351
Calls: 2,932 (55%)
Puts: 2,419 (45%)
Prior (07/17) 10,931
Calls: 6,099 (56%)
Puts: 4,832 (44%)
Current vs Prior -51.05%
Prior 7-Day Total 69,443
Calls: 39,174 (56%)
Puts: 30,269 (44%)
Prior 7-Day Average 9,920
Calls: 5,596 (56%)
Puts: 4,324 (44%)
Current vs Prior 7-Day Avg -46.06%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 3.13% | 4.88%9.31% | 12.49%
Prior 3.73% | 5.42%0.86% | 10.34%
Current vs Prior -15.96% | -9.88%+982.05% | +20.80%
Prior 7-Day Avg 2.77% | 4.57%2.65% | 10.61%
Current vs 7-Day Avg +12.99% | +6.87%+251.88% | +17.64%
Prior 7-Day Eod 3.73% | 5.42%0.86% | 10.34%
Current vs 7-Day Eod -15.96% | -9.88%+982.05% | +20.80%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 125.66% | 9.21%
Calls: 67.80% | 10.00%
Puts: 183.51% | 8.43%
Prior 125.66% | 9.21%
Calls: 67.80% | 10.00%
Puts: 183.51% | 8.43%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 125.66% | 9.21%
Calls: 67.80% | 10.00%
Puts: 183.51% | 8.43%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Below-average activity with volume down 67% vs prior. Extreme bearish P/C ratio of 1.57 - heavy put buying. P/C ratio dropping 62% - sentiment shifting bullish. Declining open interest (down 51%) indicates positions being closed.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 2 of results (avg 6.4%, best 5.3%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$470.00Aug 2127.7029.20$28.455.3%500.60--
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$470.00Aug 2115.3016.50$15.907.5%1420.40104

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. -- found (avg $--, cheapest $--)

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 18 found (avg delta 0.60, highest 0.91)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Jul 3130.3037.40$33.8521.0%10.913
$450.00Aug 2839.2047.20$43.2018.5%50.74--
$450.00Aug 2138.9045.00$41.9514.5%50.74--
$470.00Aug 2127.7029.20$28.455.3%500.60--
$475.00Aug 1419.8028.00$23.9034.3%20.575
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$490.00Jul 247.7015.70$11.7068.4%70.70--
$490.00Jul 3114.1019.00$16.5529.6%230.6012
$485.00Jul 248.2010.00$9.1019.8%30.5818
$490.00Aug 721.0023.60$22.3011.7%10.56--
$490.00Aug 1422.6025.90$24.2513.6%10.55--

Most actively traded options today. High liquidity = easy entry/exit. 91 active (total vol 1.3K, top 218)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$492.50Aug 2113.7021.40$17.5543.9%2180.44--
$500.00Aug 2113.2014.70$13.9510.8%880.39509
$497.50Jul 311.809.50$5.65136.3%710.31--
$470.00Aug 2127.7029.20$28.455.3%500.60--
$505.00Jul 240.055.20$2.63195.8%230.1943
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Aug 218.7010.00$9.3513.9%1560.2663
$477.50Jul 318.0010.40$9.2026.1%1440.44--
$470.00Aug 2115.3016.50$15.907.5%1420.40104
$480.00Jul 319.2011.10$10.1518.7%1000.47116
$460.00Jul 240.001.65$0.83198.8%250.1029

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 13 strikes (avg 28.3%, max 100.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$530.00Jul 24Aug 2179.0%39.5%100.2%480
$505.00Jul 24Jul 3151.8%35.6%45.2%2443
$510.00Jul 24Aug 760.8%43.3%40.3%1233
$500.00Jul 24Aug 2151.6%38.3%34.5%97509
$525.00Jul 24Aug 750.2%40.7%23.2%3--
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$405.00Jul 24Aug 783.2%63.3%31.4%51
$450.00Jul 24Aug 2846.9%37.1%26.2%1147
$430.00Aug 7Aug 2148.9%39.6%23.4%4104
$420.00Aug 7Aug 1450.2%42.8%17.3%718

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 53 found (best R:R 57.82, avg 4.68)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$515.00$530.00Jul 31$0.55$14.45$0.5526.27$515.55
$540.00$550.00Aug 21$0.42$9.58$0.4222.81$540.42
$510.00$515.00Jul 31$0.28$4.72$0.2816.86$510.28
$505.00$510.00Jul 31$0.52$4.48$0.528.62$505.52
$520.00$530.00Aug 21$1.45$8.55$1.455.90$521.45
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$450.00$410.00Jul 24$0.68$39.32$0.6857.82$449.32
$430.00$420.00Aug 7$1.12$8.88$1.127.93$428.88
$450.00$435.00Aug 7$2.40$12.60$2.405.25$447.60
$435.00$430.00Aug 7$0.85$4.15$0.854.88$434.15
$477.50$470.00Aug 7$1.35$6.15$1.354.56$476.15

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 59 found (best R:R 6.14, avg 0.91)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$497.50$500.00Jul 31$2.15$2.15$0.356.14$499.65
$480.00$482.50Aug 7$1.90$1.90$0.603.17$481.90
$450.00$480.00Jul 31$22.00$22.00$8.002.75$472.00
$490.00$492.50Aug 21$1.75$1.75$0.752.33$491.75
$450.00$470.00Aug 21$13.50$13.50$6.502.08$463.50
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$480.00$477.50Aug 7$2.10$2.10$0.405.25$477.90
$482.50$480.00Jul 24$1.60$1.60$0.901.78$480.90
$490.00$480.00Jul 31$6.40$6.40$3.601.78$483.60
$490.00$485.00Aug 14$3.20$3.20$1.801.78$486.80
$485.00$482.50Jul 24$1.40$1.40$1.101.27$483.60

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 23 found (avg debit $5.93, cheapest $0.10)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$510.00Jul 24Jul 31$0.2560.8%37.4%
$505.00Jul 24Jul 31$1.1251.8%35.6%
$520.00Aug 7Aug 21$1.8545.0%38.1%
$502.50Jul 24Jul 31$3.2537.0%36.2%
$525.00Jul 24Aug 7$3.6050.2%40.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$420.00Aug 7Aug 14$0.1050.2%42.8%
$430.00Aug 7Aug 14$0.9548.9%44.5%
$405.00Jul 24Aug 7$2.9083.2%63.3%
$475.00Jul 24Jul 31$4.0532.0%32.1%
$480.00Jul 24Jul 31$4.0533.3%32.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 13 found (cheapest 2.80% of stock, avg 6.50%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$480.00Jul 24$7.35$6.10$13.45$466.55$493.452.80%
$485.00Jul 24$5.25$9.10$14.35$470.65$499.352.99%
$490.00Jul 24$3.20$11.70$14.90$475.10$504.903.10%
$482.50Jul 24$8.30$7.70$16.00$466.50$498.503.33%
$480.00Jul 31$11.85$10.15$22.00$458.00$502.004.58%
$490.00Jul 31$8.55$16.55$25.10$464.90$515.105.22%
$485.00Aug 7$17.15$19.65$36.80$448.20$521.807.66%
$480.00Aug 7$19.70$17.25$36.95$443.05$516.957.69%
$490.00Aug 7$14.85$22.30$37.15$452.85$527.157.73%
$485.00Aug 14$19.25$21.05$40.30$444.70$525.308.39%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 112 found (cheapest 0.84% of stock, avg 3.80%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$490.00$460.00Jul 24$3.20$0.83$4.03$455.97$494.03
$492.50$460.00Jul 24$3.58$0.83$4.41$455.59$496.91
$500.00$455.00Jul 31$3.50$1.55$5.05$449.95$505.05
$505.00$455.00Jul 31$3.75$1.55$5.30$449.70$510.30
$500.00$390.00Jul 31$3.50$2.40$5.90$384.10$505.90
$490.00$470.00Jul 24$3.20$2.80$6.00$464.00$496.00
$502.50$455.00Jul 31$4.45$1.55$6.00$449.00$508.50
$485.00$460.00Jul 24$5.25$0.83$6.08$453.92$491.08
$505.00$390.00Jul 31$3.75$2.40$6.15$383.85$511.15
$492.50$470.00Jul 24$3.58$2.80$6.38$463.62$498.88

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 141 found (best R:R 32.33, avg credit $5.09)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
485/490520/525Aug 7$4.85$0.1532.33$485.15$524.85
485/490495/500Aug 14$4.80$0.2024.00$485.20$499.80
475/480500/502Jul 24$4.75$0.2519.00$475.25$504.75
480/485520/525Aug 7$4.60$0.4011.50$480.40$524.60
478/480485/490Aug 7$4.40$0.607.33$475.60$489.40
478/480520/525Aug 7$4.30$0.706.14$475.70$524.30
480/490498/500Jul 31$8.55$1.455.90$481.45$506.05
475/478502/505Jul 31$2.10$0.405.25$475.40$504.60
430/440450/470Aug 21$15.85$4.153.82$424.15$465.85
465/470485/490Aug 7$3.80$1.203.17$466.20$488.80

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 13 found (best R:R 19.83, cheapest $0.24)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$505.00$510.00$515.00Jul 31$0.24$4.7619.83
$500.00$510.00$520.00Aug 7$0.50$9.5019.00
$540.00$550.00$560.00Aug 21$1.51$8.495.62
$490.00$500.00$510.00Aug 7$2.30$7.703.35
$475.00$480.00$485.00Aug 14$1.15$3.853.35
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$480.00$485.00$490.00Aug 7$0.25$4.7519.00
$430.00$450.00$470.00Aug 14$1.10$18.9017.18
$440.00$450.00$460.00Aug 21$0.55$9.4517.18
$450.00$460.00$470.00Aug 21$1.05$8.958.52
$435.00$450.00$465.00Aug 7$2.90$12.104.17

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 51 found (best net $-3.25, 45 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$500.00$520.001:2Aug 21-$2.35$17.65
$515.00$530.001:2Jul 31-$1.85$13.15
$530.00$540.001:2Aug 21-$0.90$9.10
$540.00$550.001:2Aug 21-$2.96$7.04
$510.00$520.001:2Aug 7-$4.55$5.45
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$455.00$390.001:2Jul 31-$3.25$61.75
$450.00$430.001:2Aug 14-$0.35$19.65
$470.00$450.001:2Aug 14-$3.60$16.40
$465.00$450.001:2Aug 7-$1.70$13.30
$450.00$435.001:2Aug 7-$2.20$12.80

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 30 found (best yield 3.87%, avg 1.39%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$485.00Aug 21$18.600.500.9%3.87%4.81%1--
$485.00Aug 14$16.900.490.9%3.52%4.45%2--
$490.00Aug 21$16.500.462.0%3.43%5.41%860
$485.00Aug 7$15.400.490.9%3.20%4.14%224
$492.50Aug 21$13.700.442.5%2.85%5.35%218--
$482.50Aug 7$13.600.510.4%2.83%3.25%1--
$490.00Aug 7$13.200.452.0%2.75%4.72%1--
$500.00Aug 21$13.200.394.1%2.75%6.81%88509
$495.00Aug 14$11.400.413.0%2.37%5.39%4115
$500.00Aug 14$8.200.374.1%1.71%5.76%1--

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 982
Total Puts 1,544
Put/Call Ratio 1.57
Net Difference -562

Prior's Put/Call Breakdown

Total Calls 1,473
Total Puts 6,093
Put/Call Ratio 4.14
Net Difference -4,620

Prior 7-Day Put/Call Summary

Total Calls 10,107
Total Puts 18,177
Average Put/Call Ratio 2.01
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All