Tour v487
VRTX
VERTEX PHARMACEUTICA
$470.72 -1.34%
$469.00 (-0.37%)🌙
as of 08/03 06:05 PM
8/3 18:05

Option Volume

Detail
Current (08/03) 11,587
Calls: 4,688 (40%)
Puts: 6,899 (60%)
Prior (07/31) 2,819
Calls: 1,028 (36%)
Puts: 1,791 (64%)
Current vs Prior +311.03%
Calls: +356.03% (Calls)
Puts: +285.20% (Puts)
Prior 7-Day Total 18,512
Calls: 6,084 (33%)
Puts: 12,428 (67%)
Prior 7-Day Average 2,644
Calls: 869 (33%)
Puts: 1,775 (67%)
Current vs Prior 7-Day Avg +338.14%
Calls: +439.38%
Puts: +288.58%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/03) $9.79M
Calls: $2.97M (30%)
Puts: $6.82M (70%)
Prior (07/31) $2.28M
Calls: $1.45M (64%)
Puts: $828.2K (36%)
Current vs Prior +330.26%
Calls: +104.92%
Puts: +724.03%
Prior 7-Day Total $13.54M
Calls: $7.01M (52%)
Puts: $6.53M (48%)
Prior 7-Day Average $1.93M
Calls: $1.00M (52%)
Puts: $932.6K (48%)
Current vs Prior 7-Day Avg +406.13%
Calls: +196.06%
Puts: +631.75%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/03) 1.47
Prior (07/31) 1.74
Current vs Prior -15.53%
Prior 7-Day Average 2.24
Current vs Prior 7-Day Avg -34.36%
Sentiment BEARISH

Open Interest

Detail
Current (08/03) 47,741
Calls: 22,100 (46%)
Puts: 25,641 (54%)
Prior (07/31) 51,913
Calls: 23,578 (45%)
Puts: 28,335 (55%)
Current vs Prior -8.04%
Prior 7-Day Total 89,429
Calls: 41,884 (47%)
Puts: 47,545 (53%)
Prior 7-Day Average 12,775
Calls: 5,983 (47%)
Puts: 6,792 (53%)
Current vs Prior 7-Day Avg +273.69%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 6.45% | 7.35%8.57% | 12.31%
Prior 6.08% | 7.16%8.49% | 12.28%
Current vs Prior +6.07% | +2.69%+0.98% | +0.23%
Prior 7-Day Avg 2.99% | 6.47%8.75% | 12.19%
Current vs 7-Day Avg +115.55% | +13.57%-2.03% | +1.00%
Prior 7-Day Eod 6.08% | 7.16%8.49% | 12.28%
Current vs 7-Day Eod +6.07% | +2.69%+0.98% | +0.23%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 15.64% | 18.34%
Calls: 15.59% | 20.85%
Puts: 15.69% | 15.84%
Prior 179.92% | 29.89%
Calls: 108.37% | 43.11%
Puts: 251.47% | 16.67%
Current vs Prior -91.31% | -38.64%
Prior 7-Day Avg 133.41% | 12.16%
Calls: 73.60% | 14.73%
Puts: 193.22% | 9.61%
Current vs 7-Day Avg -88.28% | +50.77%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bearish flow with 70% put dollar volume ($6.82M). Massive premium surge with dollar volume up 330% vs prior. Dollar volume significantly above 7-day average (406% higher). Unusually high activity with volume up 311% vs prior - elevated interest.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
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 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 4 of results (avg 8.4%, best 6.1%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$470.00Aug 714.2015.10$14.656.1%1470.526
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$510.00Aug 2142.6046.30$44.458.3%2850.78342
$550.00Aug 2176.8084.20$80.509.2%--0.9364
$475.00Aug 2120.4022.50$21.459.8%10.529

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. 49 found (avg delta 0.63, highest 0.93)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$440.00Aug 731.0038.20$34.6020.8%10.811
$440.00Sep 440.7047.00$43.8514.4%10.72--
$452.50Aug 721.6029.00$25.3029.2%100.701
$450.00Aug 1425.6032.50$29.0523.8%20.69--
$445.00Sep 436.9043.70$40.3016.9%10.69--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Aug 2176.8084.20$80.509.2%--0.9364
$530.00Aug 2158.1066.00$62.0512.7%--0.8578
$505.00Aug 733.4040.90$37.1520.2%--0.8421
$510.00Aug 2142.6046.30$44.458.3%2850.78342
$500.00Aug 729.3037.40$33.3524.3%--0.7818

Most actively traded options today. High liquidity = easy entry/exit. 171 active (total vol 10.8K, top 1.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$510.00Aug 72.404.30$3.3556.7%1.4K0.1726
$500.00Aug 215.009.30$7.1560.1%8570.271.1K
$480.00Aug 76.0011.20$8.6060.5%2140.3933
$520.00Aug 284.006.80$5.4051.9%1540.2032
$512.50Aug 70.453.80$2.13157.3%1500.13--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$465.00Aug 710.0013.50$11.7529.8%1.5K0.43182
$420.00Aug 71.401.70$1.5519.4%1.5K0.0820
$465.00Aug 2115.6017.70$16.6512.6%1.1K0.44756
$410.00Aug 70.951.05$1.0010.0%2890.06172
$435.00Aug 213.907.30$5.6060.7%2850.203

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 54 strikes (avg 55.9%, max 100.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$490.00Aug 7Sep 1171.7%38.8%84.8%1832
$510.00Aug 7Aug 2878.8%43.1%82.8%1.4K28
$470.00Aug 7Sep 474.2%41.1%80.2%1486
$440.00Aug 7Sep 475.6%42.0%80.1%21
$500.00Aug 7Sep 1172.7%40.7%78.7%9451
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$405.00Aug 7Sep 482.2%41.1%100.0%510
$430.00Aug 7Sep 479.2%43.6%81.8%148127
$445.00Aug 7Sep 1170.2%38.9%80.2%3320
$470.00Aug 7Sep 474.2%41.1%80.2%35171
$465.00Aug 7Sep 473.3%42.7%71.8%1.5K183

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 130 found (best R:R 65.67, avg 6.03)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$540.00$550.00Aug 7$0.15$9.85$0.1565.67$540.15
$520.00$525.00Aug 7$0.20$4.80$0.2024.00$520.20
$515.00$525.00Aug 14$0.40$9.60$0.4024.00$515.40
$485.00$487.50Aug 7$0.15$2.35$0.1515.67$485.15
$510.00$512.50Aug 21$0.15$2.35$0.1515.67$510.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$390.00$380.00Aug 7$0.17$9.83$0.1757.82$389.83
$390.00$380.00Aug 21$0.30$9.70$0.3032.33$389.70
$395.00$390.00Aug 7$0.18$4.82$0.1826.78$394.82
$400.00$385.00Aug 14$0.75$14.25$0.7519.00$399.25
$415.00$410.00Aug 14$0.27$4.73$0.2717.52$414.73

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 154 found (best R:R 49.00, avg 1.45)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$477.50$480.00Aug 7$2.35$2.35$0.1515.67$479.85
$452.50$457.50Aug 7$4.00$4.00$1.004.00$456.50
$440.00$452.50Aug 7$9.30$9.30$3.202.91$449.30
$477.50$480.00Aug 21$1.85$1.85$0.652.85$479.35
$490.00$492.50Aug 7$1.82$1.82$0.682.68$491.82
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$480.00$475.00Aug 28$4.90$4.90$0.1049.00$475.10
$550.00$530.00Aug 21$18.45$18.45$1.5511.90$531.55
$460.00$457.50Aug 7$2.20$2.20$0.307.33$457.80
$530.00$510.00Aug 21$17.60$17.60$2.407.33$512.40
$490.00$485.00Aug 7$4.15$4.15$0.854.88$485.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 53 found (avg debit $2.85, cheapest $0.20)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$535.00Aug 7Aug 14$0.5778.5%52.2%
$540.00Aug 7Aug 14$0.7270.9%51.4%
$510.00Aug 7Aug 14$1.1078.8%52.3%
$550.00Aug 7Aug 21$1.2773.3%47.1%
$490.00Aug 7Aug 14$1.4071.7%47.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$420.00Aug 7Aug 14$0.2081.0%50.1%
$415.00Aug 7Aug 14$0.5274.2%50.0%
$400.00Aug 7Aug 14$0.9387.1%63.6%
$405.00Aug 7Aug 14$1.1882.2%62.2%
$380.00Aug 7Aug 21$1.5791.7%64.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 44 found (cheapest 5.73% of stock, avg 8.10%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$472.50Aug 7$11.25$15.70$26.95$445.55$499.455.73%
$475.00Aug 7$10.90$16.20$27.10$447.90$502.105.76%
$462.50Aug 7$17.40$10.20$27.60$434.90$490.105.86%
$465.00Aug 7$15.90$11.75$27.65$437.35$492.655.87%
$457.50Aug 7$21.30$6.60$27.90$429.60$485.405.93%
$480.00Aug 7$8.60$19.30$27.90$452.10$507.905.93%
$477.50Aug 7$10.95$17.30$28.25$449.25$505.756.00%
$482.50Aug 7$8.85$19.40$28.25$454.25$510.756.00%
$460.00Aug 7$20.05$8.80$28.85$431.15$488.856.13%
$485.00Aug 7$7.40$21.45$28.85$456.15$513.856.13%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 129 found (cheapest 2.95% of stock, avg 5.86%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$530.00$430.00Sep 4$5.53$8.35$13.88$416.12$543.88
$525.00$430.00Sep 4$6.10$8.35$14.45$415.55$539.45
$480.00$460.00Aug 7$8.60$8.80$17.40$442.60$497.40
$482.50$460.00Aug 7$8.85$8.80$17.65$442.35$500.15
$490.00$457.50Aug 14$7.85$10.20$18.05$439.45$508.05
$490.00$455.00Aug 14$7.85$10.50$18.35$436.65$508.35
$480.00$462.50Aug 7$8.60$10.20$18.80$443.70$498.80
$520.00$450.00Aug 28$5.40$13.40$18.80$431.20$538.80
$482.50$462.50Aug 7$8.85$10.20$19.05$443.45$501.55
$475.00$460.00Aug 7$10.90$8.80$19.70$440.30$494.70

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 369 found (best R:R 24.00, avg credit $4.15)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
415/420452/458Aug 7$4.80$0.2024.00$415.20$457.30
435/440452/458Aug 7$4.80$0.2024.00$435.20$457.30
440/445480/485Aug 14$4.80$0.2024.00$440.20$484.80
425/430452/458Aug 7$4.77$0.2320.74$425.23$457.27
440/445500/505Aug 14$4.77$0.2320.74$440.23$504.77
420/425485/490Aug 14$4.65$0.3513.29$420.35$489.65
430/435452/458Aug 7$4.55$0.4510.11$430.45$457.05
445/450455/460Aug 21$4.50$0.509.00$445.50$459.50
405/410452/458Aug 7$4.40$0.607.33$405.60$456.90
440/445452/458Aug 7$4.38$0.627.06$440.62$456.88

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 56 found (best R:R 70.43, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$530.00$535.00$540.00Aug 21$0.47$4.539.64
$525.00$530.00$535.00Aug 7$0.55$4.458.09
$500.00$510.00$520.00Aug 28$1.10$8.908.09
$550.00$555.00$560.00Aug 7$0.58$4.427.62
$490.00$495.00$500.00Aug 14$0.65$4.356.69
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$405.00$410.00$415.00Aug 21$0.07$4.9370.43
$380.00$390.00$400.00Aug 21$0.25$9.7539.00
$410.00$415.00$420.00Aug 14$0.21$4.7922.81
$510.00$530.00$550.00Aug 21$0.85$19.1522.53
$430.00$435.00$440.00Aug 7$0.25$4.7519.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 79 found (best net $-1.01, 74 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$445.00$470.001:2Sep 4-$8.50$16.50
$530.00$545.001:2Sep 4-$1.37$13.63
$540.00$555.001:2Aug 14-$3.65$11.35
$450.00$470.001:2Aug 28-$8.65$11.35
$540.00$550.001:2Aug 7-$0.13$9.87
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$420.00$395.001:2Aug 28-$1.01$23.99
$450.00$430.001:2Aug 28-$1.70$18.30
$450.00$430.001:2Sep 4-$2.20$17.80
$495.00$470.001:2Sep 4-$9.35$15.65
$400.00$385.001:2Aug 14$0.00$15.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 68 found (best yield 4.10%, avg 1.24%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$475.00Sep 11$19.300.500.9%4.10%5.01%2--
$475.00Sep 4$18.400.490.9%3.91%4.82%17
$485.00Sep 4$15.800.433.0%3.36%6.39%420
$472.50Aug 21$14.800.500.4%3.14%3.52%43--
$485.00Sep 11$14.800.433.0%3.14%6.18%420
$480.00Aug 28$14.300.462.0%3.04%5.01%34
$475.00Aug 21$13.900.480.9%2.95%3.86%16
$477.50Aug 21$13.500.471.4%2.87%4.31%15
$490.00Sep 11$13.300.404.1%2.83%6.92%21
$472.50Aug 14$12.400.500.4%2.63%3.01%431

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 4,688
Total Puts 6,899
Put/Call Ratio 1.47
Net Difference -2,211

Prior's Put/Call Breakdown

Total Calls 1,028
Total Puts 1,791
Put/Call Ratio 1.74
Net Difference -763

Prior 7-Day Put/Call Summary

Total Calls 6,084
Total Puts 12,428
Average Put/Call Ratio 2.24
Ratio Trend Falling

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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