Tour v390
VRTX
VERTEX PHARMACEUTICA
$472.57 -1.96%
$472.00 (-0.12%)🌙
as of 07/22 09:20 PM
7/22 21:20

Option Volume

Detail
Current (07/22) 1,573
Calls: 500 (32%)
Puts: 1,073 (68%)
Prior (07/21) 979
Calls: 438 (45%)
Puts: 541 (55%)
Current vs Prior +60.67%
Calls: +14.16% (Calls)
Puts: +98.34% (Puts)
Prior 7-Day Total 25,000
Calls: 7,913 (32%)
Puts: 17,087 (68%)
Prior 7-Day Average 3,571
Calls: 1,130 (32%)
Puts: 2,441 (68%)
Current vs Prior 7-Day Avg -55.96%
Calls: -55.77%
Puts: -56.04%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/22) $1.72M
Calls: $735.2K (43%)
Puts: $982.7K (57%)
Prior (07/21) $850.3K
Calls: $416.9K (49%)
Puts: $433.4K (51%)
Current vs Prior +102.02%
Calls: +76.33%
Puts: +126.74%
Prior 7-Day Total $19.12M
Calls: $11.91M (62%)
Puts: $7.21M (38%)
Prior 7-Day Average $2.73M
Calls: $1.70M (62%)
Puts: $1.03M (38%)
Current vs Prior 7-Day Avg -37.10%
Calls: -56.79%
Puts: -4.58%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/22) 2.15
Prior (07/21) 1.24
Current vs Prior +73.74%
Prior 7-Day Average 2.09
Current vs Prior 7-Day Avg +2.89%
Sentiment BEARISH

Open Interest

Detail
Current (07/22) 7,847
Calls: 3,547 (45%)
Puts: 4,300 (55%)
Prior (07/21) 5,320
Calls: 1,698 (32%)
Puts: 3,622 (68%)
Current vs Prior +47.50%
Prior 7-Day Total 58,264
Calls: 31,446 (54%)
Puts: 26,818 (46%)
Prior 7-Day Average 8,323
Calls: 4,492 (54%)
Puts: 3,831 (46%)
Current vs Prior 7-Day Avg -5.72%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 2.40% | 4.12%9.11% | 12.52%
Prior 2.46% | 4.62%9.15% | 12.11%
Current vs Prior -2.73% | -10.84%-0.43% | +3.39%
Prior 7-Day Avg 2.78% | 4.70%4.21% | 11.10%
Current vs 7-Day Avg -13.90% | -12.39%+116.23% | +12.78%
Prior 7-Day Eod 2.46% | 4.62%9.15% | 12.11%
Current vs 7-Day Eod -2.73% | -10.84%-0.43% | +3.39%
Sentiment BULLISHBULLISH

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
+
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🤖 AI Insights

Massive premium surge with dollar volume up 102% vs prior. Above-average activity with volume up 61% vs prior. Extreme bearish P/C ratio of 2.15 - heavy put buying. P/C ratio rising 74% - increased hedging/bearish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BULLISH
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BEARISH
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 6 of results (avg 8.6%, best 5.8%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$482.50Aug 2116.7017.70$17.205.8%20.46--
$485.00Aug 2115.6017.20$16.409.8%20.44--
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$475.00Aug 2120.4022.00$21.207.5%70.491
$485.00Aug 722.0024.10$23.059.1%110.6019
$480.00Aug 719.2021.10$20.159.4%30.55--
$470.00Aug 1415.6017.20$16.409.8%1060.463

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. 22 found (avg delta 0.64, highest 0.85)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$462.50Jul 249.9014.20$12.0535.7%10.81--
$462.50Jul 3112.4018.80$15.6041.0%10.74--
$450.00Aug 2132.5038.30$35.4016.4%70.7021
$467.50Jul 245.5010.80$8.1565.0%10.67--
$467.50Jul 3111.1013.10$12.1016.5%10.63--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$525.00Aug 1450.6056.90$53.7511.7%20.85--
$530.00Aug 1455.1062.90$59.0013.2%10.84--
$520.00Aug 1445.8054.10$49.9516.6%10.84--
$480.00Jul 245.4013.00$9.2082.6%20.7130
$482.50Jul 3112.0017.80$14.9038.9%10.6514

Most actively traded options today. High liquidity = easy entry/exit. 98 active (total vol 987, top 208)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$495.00Jul 240.001.40$0.70200.0%260.092
$505.00Jul 310.003.10$1.55200.0%220.13--
$480.00Aug 712.8014.70$13.7513.8%170.453
$480.00Aug 1414.7016.50$15.6011.5%170.466
$502.50Jul 310.353.90$2.13166.7%140.161
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$480.00Jul 318.8013.80$11.3044.2%2080.65211
$470.00Jul 316.708.20$7.4520.1%1070.428
$470.00Aug 1415.6017.20$16.409.8%1060.463
$472.50Jul 314.609.40$7.0068.6%660.46--
$477.50Aug 717.7021.70$19.7020.3%620.521

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 23 strikes (avg 24.0%, max 102.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$505.00Jul 24Aug 2167.3%39.4%70.7%2--
$490.00Jul 24Jul 3137.4%24.7%51.1%1274
$500.00Jul 24Aug 2154.4%38.2%42.5%16555
$462.50Jul 24Jul 3135.7%26.1%37.0%2--
$467.50Jul 24Jul 3137.8%32.4%16.4%2--
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$415.00Jul 24Aug 2191.9%45.4%102.6%8--
$425.00Jul 24Aug 2178.7%43.9%79.4%38
$430.00Aug 7Aug 2844.7%36.0%24.3%1280
$460.00Aug 7Aug 2846.2%37.4%23.6%217
$410.00Aug 7Aug 2850.5%41.8%20.9%4--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 64 found (best R:R 40.24, avg 4.80)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$475.00$480.00Jul 24$0.33$4.67$0.3314.15$475.33
$490.00$495.00Jul 31$0.58$4.42$0.587.62$490.58
$500.00$502.50Aug 21$0.30$2.20$0.307.33$500.30
$520.00$550.00Aug 21$3.75$26.25$3.757.00$523.75
$495.00$525.00Aug 7$4.17$25.83$4.176.19$499.17
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$465.00$425.00Jul 24$0.97$39.03$0.9740.24$464.03
$400.00$390.00Aug 21$0.42$9.58$0.4222.81$399.58
$440.00$410.00Aug 14$1.42$28.58$1.4220.13$438.58
$390.00$380.00Aug 21$0.63$9.37$0.6314.87$389.37
$410.00$395.00Aug 7$1.10$13.90$1.1012.64$408.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 72 found (best R:R 15.67, avg 0.95)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$492.50$495.00Aug 7$2.35$2.35$0.1515.67$494.85
$462.50$467.50Jul 24$3.90$3.90$1.103.55$466.40
$467.50$475.00Jul 24$5.40$5.40$2.102.57$472.90
$462.50$467.50Jul 31$3.50$3.50$1.502.33$466.00
$467.50$480.00Jul 31$7.70$7.70$4.801.60$475.20
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$525.00$520.00Aug 14$3.80$3.80$1.203.17$521.20
$475.00$472.50Aug 21$1.80$1.80$0.702.57$473.20
$520.00$485.00Aug 14$24.75$24.75$10.252.41$495.25
$485.00$480.00Aug 14$3.50$3.50$1.502.33$481.50
$480.00$475.00Jul 24$3.32$3.32$1.681.98$476.68

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 29 found (avg debit $4.11, cheapest $0.20)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$505.00Jul 24Jul 31$0.5567.3%34.0%
$495.00Jul 24Jul 31$0.8546.9%26.2%
$490.00Jul 24Jul 31$1.5337.4%24.7%
$480.00Jul 24Jul 31$1.9837.5%22.8%
$500.00Jul 24Jul 31$2.3854.4%38.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$400.00Aug 21Aug 28$0.2043.3%40.2%
$390.00Aug 14Aug 21$0.5847.6%45.8%
$440.00Aug 7Aug 14$1.0040.7%36.9%
$455.00Aug 14Aug 21$1.0041.3%38.8%
$450.00Aug 21Aug 28$1.1039.2%37.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 9 found (cheapest 1.83% of stock, avg 5.77%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$475.00Jul 24$2.75$5.88$8.63$466.37$483.631.83%
$467.50Jul 24$8.15$2.83$10.98$456.52$478.482.32%
$480.00Jul 24$2.42$9.20$11.62$468.38$491.622.46%
$480.00Jul 31$4.40$11.30$15.70$464.30$495.703.32%
$480.00Aug 7$13.75$20.15$33.90$446.10$513.907.17%
$480.00Aug 14$15.60$21.70$37.30$442.70$517.307.89%
$485.00Aug 14$13.35$25.20$38.55$446.45$523.558.16%
$480.00Aug 21$18.35$23.90$42.25$437.75$522.258.94%
$450.00Aug 21$35.40$11.00$46.40$403.60$496.409.82%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 88 found (cheapest 0.55% of stock, avg 3.55%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$487.50$465.00Jul 24$1.35$1.27$2.62$462.38$490.12
$485.00$465.00Jul 24$1.75$1.27$3.02$461.98$488.02
$490.00$435.00Jul 31$2.13$1.08$3.21$431.79$493.21
$502.50$435.00Jul 31$2.13$1.08$3.21$431.79$505.71
$482.50$465.00Jul 24$2.35$1.27$3.62$461.38$486.12
$480.00$465.00Jul 24$2.42$1.27$3.69$461.31$483.69
$475.00$465.00Jul 24$2.75$1.27$4.02$460.98$479.02
$487.50$467.50Jul 24$1.35$2.83$4.18$463.32$491.68
$500.00$435.00Jul 31$3.08$1.08$4.16$430.84$504.16
$485.00$467.50Jul 24$1.75$2.83$4.58$462.92$489.58

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 174 found (best R:R 12.16, avg credit $4.36)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
465/468488/490Jul 24$2.31$0.1912.16$465.19$489.81
465/468482/485Jul 24$2.16$0.346.35$465.34$484.66
465/468492/495Jul 24$2.11$0.395.41$465.39$494.61
480/482490/495Jul 31$4.18$0.825.10$478.32$494.18
480/485525/530Aug 7$4.18$0.825.10$480.82$529.18
475/480488/490Jul 24$4.07$0.934.38$475.93$491.57
455/460470/480Aug 21$8.10$1.904.26$451.90$478.10
468/470488/490Jul 24$1.97$0.533.72$468.03$489.47
465/468485/488Jul 24$1.96$0.543.63$465.54$486.96
475/480482/485Jul 24$3.92$1.083.63$476.08$486.42

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 15 found (best R:R 49.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$482.50$485.00$487.50Jul 24$0.20$2.3011.50
$480.00$482.50$485.00Aug 21$0.35$2.156.14
$500.00$502.50$505.00Jul 31$0.37$2.135.76
$485.00$490.00$495.00Jul 31$1.64$3.362.05
$492.50$495.00$497.50Jul 24$0.93$1.571.69
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$445.00$450.00$455.00Aug 21$0.10$4.9049.00
$440.00$445.00$450.00Aug 21$0.35$4.6513.29
$470.00$472.50$475.00Jul 24$0.37$2.135.76
$450.00$455.00$460.00Aug 21$1.15$3.853.35
$410.00$430.00$450.00Aug 28$4.95$15.053.04

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 56 found (best net $-0.45, 41 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$505.00$535.001:2Jul 31-$5.65$24.35
$505.00$520.001:2Aug 21-$2.75$12.25
$450.00$470.001:2Aug 21-$12.00$8.00
$487.50$500.001:2Aug 21-$5.85$6.65
$480.00$492.501:2Aug 7-$7.45$5.05
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$520.00$485.001:2Aug 14-$0.45$34.55
$440.00$410.001:2Aug 14-$2.46$27.54
$430.00$410.001:2Aug 7-$0.40$19.60
$430.00$410.001:2Aug 28-$2.50$17.50
$480.00$460.001:2Aug 28-$5.80$14.20

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 27 found (best yield 4.53%, avg 1.48%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$475.00Aug 28$21.400.520.5%4.53%5.04%1--
$475.00Aug 14$16.900.500.5%3.58%4.09%1--
$482.50Aug 21$16.700.462.1%3.53%5.64%2--
$480.00Aug 21$15.800.471.6%3.34%4.92%164
$485.00Aug 21$15.600.442.6%3.30%5.93%2--
$480.00Aug 14$14.700.461.6%3.11%4.68%176
$480.00Aug 7$12.800.451.6%2.71%4.28%173
$485.00Aug 14$12.500.422.6%2.65%5.28%14
$487.50Aug 21$11.300.423.2%2.39%5.55%11
$500.00Aug 21$9.800.335.8%2.07%7.88%4520

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 500
Total Puts 1,073
Put/Call Ratio 2.15
Net Difference -573

Prior's Put/Call Breakdown

Total Calls 438
Total Puts 541
Put/Call Ratio 1.24
Net Difference -103

Prior 7-Day Put/Call Summary

Total Calls 7,913
Total Puts 17,087
Average Put/Call Ratio 2.09
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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