Tour v394
VRTX
VERTEX PHARMACEUTICA
$473.09 +0.11%
$473.01 (-0.02%)🌙
as of 07/23 07:18 PM
7/23 19:18

Option Volume

Detail
Current (07/23) 2,992
Calls: 1,003 (34%)
Puts: 1,989 (66%)
Prior (07/22) 1,573
Calls: 500 (32%)
Puts: 1,073 (68%)
Current vs Prior +90.21%
Calls: +100.60% (Calls)
Puts: +85.37% (Puts)
Prior 7-Day Total 23,183
Calls: 7,569 (33%)
Puts: 15,614 (67%)
Prior 7-Day Average 3,311
Calls: 1,081 (33%)
Puts: 2,230 (67%)
Current vs Prior 7-Day Avg -9.66%
Calls: -7.24%
Puts: -10.83%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/23) $2.86M
Calls: $1.03M (36%)
Puts: $1.83M (64%)
Prior (07/22) $1.72M
Calls: $735.2K (43%)
Puts: $982.7K (57%)
Current vs Prior +66.78%
Calls: +40.46%
Puts: +86.47%
Prior 7-Day Total $18.67M
Calls: $11.42M (61%)
Puts: $7.24M (39%)
Prior 7-Day Average $2.67M
Calls: $1.63M (61%)
Puts: $1.03M (39%)
Current vs Prior 7-Day Avg +7.43%
Calls: -36.73%
Puts: +77.07%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/23) 1.98
Prior (07/22) 2.15
Current vs Prior -7.59%
Prior 7-Day Average 1.96
Current vs Prior 7-Day Avg +1.11%
Sentiment BEARISH

Open Interest

Detail
Current (07/23) 8,818
Calls: 4,021 (46%)
Puts: 4,797 (54%)
Prior (07/22) 7,847
Calls: 3,547 (45%)
Puts: 4,300 (55%)
Current vs Prior +12.37%
Prior 7-Day Total 56,189
Calls: 28,172 (50%)
Puts: 28,017 (50%)
Prior 7-Day Average 8,027
Calls: 4,024 (50%)
Puts: 4,002 (50%)
Current vs Prior 7-Day Avg +9.85%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 1.80% | 3.84%9.23% | 12.51%
Prior 2.40% | 4.12%9.11% | 12.52%
Current vs Prior -24.88% | -6.79%+1.28% | -0.03%
Prior 7-Day Avg 2.64% | 4.59%5.03% | 11.33%
Current vs 7-Day Avg -31.80% | -16.41%+83.50% | +10.49%
Prior 7-Day Eod 2.40% | 4.12%9.11% | 12.52%
Current vs 7-Day Eod -24.88% | -6.79%+1.28% | -0.03%
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

Moderately bearish flow with 64% put dollar volume ($1.83M). Elevated premium activity with dollar volume up 67% vs prior. Above-average activity with volume up 90% vs prior. Extreme bearish P/C ratio of 1.98 - heavy put buying.

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 NEUTRAL
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 -- of results (avg --%, best --%)

No options available for this category

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. 20 found (avg delta 0.67, highest 0.91)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$435.00Jul 3135.3042.50$38.9018.5%10.911
$450.00Jul 3121.7028.80$25.2528.1%10.86--
$430.00Aug 1444.7053.20$48.9517.4%40.82--
$455.00Jul 3117.4023.80$20.6031.1%10.82--
$430.00Aug 2147.2054.00$50.6013.4%40.81--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$480.00Jul 243.8011.70$7.75101.9%10.78--
$485.00Jul 249.2015.80$12.5052.8%20.75--
$485.00Aug 718.8025.10$21.9528.7%10.59--
$477.50Jul 316.2014.90$10.5582.5%1000.56194
$480.00Aug 717.7022.50$20.1023.9%10.54--

Most actively traded options today. High liquidity = easy entry/exit. 112 active (total vol 1.7K, top 201)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$535.00Jul 310.004.80$2.40200.0%2010.1168
$485.00Jul 240.004.80$2.40200.0%690.25173
$480.00Jul 240.002.15$1.08199.1%630.22147
$480.00Jul 313.209.30$6.2597.6%580.4188
$485.00Jul 312.008.10$5.05120.8%580.3414
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$472.50Aug 2117.7022.70$20.2024.8%1070.471
$465.00Jul 311.955.30$3.6392.3%1030.3036
$477.50Jul 316.2014.90$10.5582.5%1000.56194
$470.00Aug 2117.6020.40$19.0014.7%670.46102
$460.00Jul 240.002.15$1.08199.1%560.1554

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 26 strikes (avg 73.8%, max 327.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$520.00Jul 24Aug 28161.2%37.8%327.0%4365
$515.00Jul 24Aug 28149.8%38.1%293.4%4528
$505.00Jul 24Aug 14125.7%39.8%215.7%2--
$535.00Jul 24Jul 31193.8%64.6%200.0%20268
$500.00Jul 24Aug 21110.4%40.6%171.8%4523
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$467.50Jul 24Jul 3175.6%29.7%154.4%36
$485.00Jul 24Aug 770.4%43.2%63.1%3--
$460.00Jul 24Sep 455.6%36.8%51.1%5854
$420.00Aug 7Aug 2852.7%42.6%23.6%157
$430.00Aug 7Aug 2850.6%41.3%22.7%382

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 72 found (best R:R 56.14, avg 4.90)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$525.00$530.00Aug 21$0.32$4.68$0.3214.62$525.32
$530.00$545.00Aug 21$1.17$13.83$1.1711.82$531.17
$495.00$500.00Jul 31$0.40$4.60$0.4011.50$495.40
$487.50$490.00Jul 31$0.32$2.18$0.326.81$487.82
$485.00$490.00Jul 24$0.75$4.25$0.755.67$485.75
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$420.00$380.00Aug 14$0.70$39.30$0.7056.14$419.30
$465.00$460.00Jul 24$0.19$4.81$0.1925.32$464.81
$425.00$420.00Aug 21$0.22$4.78$0.2221.73$424.78
$465.00$460.00Aug 21$0.35$4.65$0.3513.29$464.65
$440.00$430.00Aug 7$0.75$9.25$0.7512.33$439.25

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 80 found (best R:R 19.00, avg 1.27)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$450.00$455.00Jul 31$4.65$4.65$0.3513.29$454.65
$435.00$450.00Jul 31$13.65$13.65$1.3510.11$448.65
$485.00$487.50Jul 31$2.15$2.15$0.356.14$487.15
$475.00$480.00Aug 21$4.00$4.00$1.004.00$479.00
$430.00$450.00Aug 21$14.25$14.25$5.752.48$444.25
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$485.00$480.00Jul 24$4.75$4.75$0.2519.00$480.25
$470.00$465.00Aug 14$4.10$4.10$0.904.56$465.90
$477.50$472.50Jul 31$3.65$3.65$1.352.70$473.85
$460.00$455.00Aug 21$3.30$3.30$1.701.94$456.70
$465.00$460.00Sep 4$3.00$3.00$2.001.50$462.00

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 27 found (avg debit $4.08, cheapest $0.42)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$530.00Aug 21Aug 28$0.5041.2%37.8%
$510.00Jul 31Aug 7$0.5456.5%44.1%
$490.00Jul 24Jul 31$0.9374.0%28.1%
$525.00Aug 21Aug 28$1.0339.9%37.9%
$430.00Aug 14Aug 21$1.6546.4%40.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$467.50Jul 24Jul 31$0.4275.6%29.7%
$425.00Aug 21Aug 28$0.6043.5%40.9%
$415.00Aug 21Aug 28$0.7045.4%43.2%
$450.00Aug 21Aug 28$1.2040.9%39.4%
$430.00Aug 7Aug 14$1.2250.6%46.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 11 found (cheapest 1.87% of stock, avg 6.79%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$480.00Jul 24$1.08$7.75$8.83$471.17$488.831.87%
$485.00Jul 24$2.40$12.50$14.90$470.10$499.903.15%
$470.00Jul 31$10.45$6.05$16.50$453.50$486.503.49%
$465.00Jul 31$13.35$3.63$16.98$448.02$481.983.59%
$462.50Jul 31$15.75$4.33$20.08$442.42$482.584.24%
$480.00Aug 7$13.95$20.10$34.05$445.95$514.057.20%
$480.00Aug 21$17.50$23.35$40.85$439.15$520.858.63%
$470.00Aug 21$23.50$19.00$42.50$427.50$512.508.98%
$450.00Aug 21$36.35$11.60$47.95$402.05$497.9510.14%
$430.00Aug 14$48.95$5.50$54.45$375.55$484.4511.51%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 132 found (cheapest 0.46% of stock, avg 3.80%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$480.00$460.00Jul 24$1.08$1.08$2.16$457.84$482.16
$480.00$465.00Jul 24$1.08$1.27$2.35$462.65$482.35
$490.00$460.00Jul 24$1.65$1.08$2.73$457.27$492.73
$490.00$465.00Jul 24$1.65$1.27$2.92$462.08$492.92
$492.50$460.00Jul 24$2.00$1.08$3.08$456.92$495.58
$482.50$460.00Jul 24$2.20$1.08$3.28$456.72$485.78
$492.50$465.00Jul 24$2.00$1.27$3.27$461.73$495.77
$482.50$465.00Jul 24$2.20$1.27$3.47$461.53$485.97
$485.00$460.00Jul 24$2.40$1.08$3.48$456.52$488.48
$485.00$465.00Jul 24$2.40$1.27$3.67$461.33$488.67

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 184 found (best R:R 32.33, avg credit $5.31)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
472/478480/485Jul 31$4.85$0.1532.33$472.65$484.85
472/478490/495Jul 31$4.78$0.2221.73$472.72$494.78
455/460500/505Aug 14$4.65$0.3513.29$455.35$504.65
455/460510/515Aug 21$4.35$0.656.69$455.65$514.35
460/465475/480Aug 21$4.35$0.656.69$460.65$479.35
420/425475/480Aug 21$4.22$0.785.41$420.78$479.22
465/470515/520Aug 21$4.20$0.805.25$465.80$519.20
465/470480/490Aug 14$8.35$1.655.06$461.65$488.35
465/468470/480Jul 24$8.33$1.674.99$459.17$478.33
465/468485/490Jul 24$4.16$0.844.95$463.34$489.16

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 15 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$520.00$525.00$530.00Aug 28$0.05$4.9599.00
$515.00$520.00$525.00Aug 28$0.30$4.7015.67
$430.00$450.00$470.00Aug 21$1.40$18.6013.29
$490.00$495.00$500.00Jul 31$0.73$4.275.85
$480.00$490.00$500.00Aug 14$2.45$7.553.08
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$440.00$445.00$450.00Aug 28$0.20$4.8024.00
$430.00$440.00$450.00Aug 21$1.50$8.505.67
$420.00$425.00$430.00Aug 28$0.90$4.104.56
$450.00$455.00$460.00Aug 21$1.90$3.101.63
$460.00$465.00$470.00Aug 21$2.00$3.001.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 57 found (best net $-1.70, 48 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$520.00$535.001:2Jul 24-$2.40$12.60
$520.00$535.001:2Jul 31-$2.40$12.60
$530.00$545.001:2Aug 21-$2.66$12.34
$510.00$520.001:2Jul 31-$0.37$9.63
$450.00$470.001:2Aug 21-$10.65$9.35
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$420.00$380.001:2Aug 14-$1.70$38.30
$400.00$380.001:2Aug 21-$5.26$14.74
$415.00$400.001:2Aug 21-$0.30$14.70
$455.00$440.001:2Aug 14-$2.55$12.45
$430.00$420.001:2Aug 14-$0.70$9.30

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 32 found (best yield 4.33%, avg 1.28%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$475.00Aug 28$20.500.520.4%4.33%4.74%1--
$475.00Aug 21$18.800.510.4%3.97%4.38%1--
$480.00Sep 4$18.500.491.5%3.91%5.37%2--
$480.00Aug 21$14.200.471.5%3.00%4.46%563
$480.00Aug 14$14.100.471.5%2.98%4.44%2023
$480.00Aug 7$12.000.461.5%2.54%4.00%1620
$482.50Aug 7$10.900.432.0%2.30%4.29%1--
$490.00Aug 21$10.000.403.6%2.11%5.69%563
$490.00Aug 14$9.800.393.6%2.07%5.65%4--
$500.00Aug 21$9.400.335.7%1.99%7.68%3523

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 1,003
Total Puts 1,989
Put/Call Ratio 1.98
Net Difference -986

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 7,569
Total Puts 15,614
Average Put/Call Ratio 1.96
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