Tour v490
VRTX
VERTEX PHARMACEUTICA
$478.71 +1.70%
$481.75 (+0.64%)🌙
as of 08/04 07:21 PM
8/4 19:21

Option Volume

Detail
Current (08/04) 3,050
Calls: 1,499 (49%)
Puts: 1,551 (51%)
Prior (08/03) 11,587
Calls: 4,688 (40%)
Puts: 6,899 (60%)
Current vs Prior -73.68%
Calls: -68.02% (Calls)
Puts: -77.52% (Puts)
Prior 7-Day Total 27,107
Calls: 9,769 (36%)
Puts: 17,338 (64%)
Prior 7-Day Average 3,872
Calls: 1,395 (36%)
Puts: 2,476 (64%)
Current vs Prior 7-Day Avg -21.24%
Calls: +7.41%
Puts: -37.38%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/04) $2.69M
Calls: $1.88M (70%)
Puts: $810.3K (30%)
Prior (08/03) $9.79M
Calls: $2.97M (30%)
Puts: $6.82M (70%)
Current vs Prior -72.50%
Calls: -36.53%
Puts: -88.13%
Prior 7-Day Total $20.46M
Calls: $8.94M (44%)
Puts: $11.52M (56%)
Prior 7-Day Average $2.92M
Calls: $1.28M (44%)
Puts: $1.65M (56%)
Current vs Prior 7-Day Avg -7.90%
Calls: +47.30%
Puts: -50.76%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/04) 1.03
Prior (08/03) 1.47
Current vs Prior -29.69%
Prior 7-Day Average 2.17
Current vs Prior 7-Day Avg -52.30%
Sentiment BEARISH

Open Interest

Detail
Current (08/04) 19,471
Calls: 7,612 (39%)
Puts: 11,859 (61%)
Prior (08/03) 47,741
Calls: 22,100 (46%)
Puts: 25,641 (54%)
Current vs Prior -59.22%
Prior 7-Day Total 128,352
Calls: 59,963 (47%)
Puts: 68,389 (53%)
Prior 7-Day Average 18,336
Calls: 8,566 (47%)
Puts: 9,769 (53%)
Current vs Prior 7-Day Avg +6.19%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 3.10% | 5.43%6.81% | 10.79%
Prior 6.45% | 7.35%8.57% | 12.31%
Current vs Prior -51.89% | -26.11%-20.56% | -12.36%
Prior 7-Day Avg 3.66% | 6.97%8.66% | 12.16%
Current vs 7-Day Avg -15.13% | -22.12%-21.33% | -11.28%
Prior 7-Day Eod 6.45% | 7.35%8.57% | 12.31%
Current vs 7-Day Eod -51.89% | -26.11%-20.56% | -12.36%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 15.64% | 18.34%
Calls: 15.59% | 20.85%
Puts: 15.69% | 15.84%
Prior 15.64% | 18.34%
Calls: 15.59% | 20.85%
Puts: 15.69% | 15.84%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 117.69% | 13.47%
Calls: 66.14% | 16.28%
Puts: 169.24% | 10.67%
Current vs 7-Day Avg -86.71% | +36.17%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 70% call dollar volume ($1.88M). Light premium activity with dollar volume down 72% vs prior. Below-average activity with volume down 74% vs prior. Slightly bearish P/C ratio of 1.03.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BEARISH
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
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 7 of results (avg 8.1%, best 7.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$400.00Aug 775.3080.90$78.107.2%11.001
$490.00Sep 1818.0019.40$18.707.5%260.45161
$410.00Sep 1870.4076.40$73.408.2%50.907
$400.00Aug 1475.0081.50$78.258.3%20.92--
$410.00Sep 1169.0076.00$72.509.7%50.91--
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$570.00Aug 2189.3095.80$92.557.0%10.911
$550.00Aug 2169.6076.00$72.808.8%10.96--

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. 51 found (avg delta 0.71, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$400.00Aug 775.3080.90$78.107.2%11.001
$440.00Aug 735.4041.30$38.3515.4%11.00--
$445.00Aug 730.3036.50$33.4018.6%20.97--
$400.00Aug 1475.0081.50$78.258.3%20.92--
$410.00Sep 1169.0076.00$72.509.7%50.91--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$530.00Aug 749.9055.20$52.5510.1%50.971
$520.00Aug 739.3045.50$42.4014.6%20.96--
$515.00Aug 734.4040.20$37.3015.5%50.96--
$550.00Aug 2169.6076.00$72.808.8%10.96--
$570.00Aug 2189.3095.80$92.557.0%10.911

Most actively traded options today. High liquidity = easy entry/exit. 178 active (total vol 2.5K, top 247)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Sep 1814.1016.50$15.3015.7%2120.39171
$480.00Aug 73.008.50$5.7595.7%1210.45158
$480.00Aug 2114.1016.40$15.2515.1%690.5061
$472.50Aug 76.7012.50$9.6060.4%610.6247
$472.50Aug 2116.3023.00$19.6534.1%520.58--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$465.00Aug 70.204.60$2.40183.3%2470.231.7K
$470.00Sep 1816.6018.80$17.7012.4%1060.41295
$430.00Aug 70.050.40$0.23152.2%620.02180
$457.50Aug 70.052.25$1.15191.3%530.1213
$467.50Aug 70.055.60$2.83196.1%480.2741

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 47 strikes (avg 31.1%, max 101.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$550.00Aug 7Sep 1862.2%35.6%74.6%9399
$530.00Aug 7Sep 1860.3%36.6%65.0%38171
$540.00Aug 7Sep 1859.8%36.8%62.8%1482
$520.00Aug 7Sep 1851.1%33.4%53.2%13402
$440.00Aug 7Sep 453.1%37.1%43.1%21
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$410.00Aug 7Sep 1875.6%37.5%101.5%43706
$425.00Aug 7Sep 1171.1%36.4%95.4%2492
$415.00Aug 7Sep 1173.7%38.6%91.0%10--
$420.00Aug 7Sep 1865.1%37.1%75.5%452.1K
$430.00Aug 7Sep 1859.6%35.9%65.9%83338

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 113 found (best R:R 99.00, avg 6.03)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$515.00$530.00Aug 14$0.20$14.80$0.2074.00$515.20
$530.00$550.00Aug 21$0.77$19.23$0.7724.97$530.77
$535.00$540.00Aug 7$0.20$4.80$0.2024.00$535.20
$520.00$530.00Sep 18$0.40$9.60$0.4024.00$520.40
$490.00$492.50Aug 7$0.15$2.35$0.1515.67$490.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$410.00$400.00Aug 7$0.10$9.90$0.1099.00$409.90
$415.00$400.00Sep 11$0.48$14.52$0.4830.25$414.52
$445.00$440.00Aug 7$0.22$4.78$0.2221.73$444.78
$425.00$420.00Aug 7$0.25$4.75$0.2519.00$424.75
$435.00$430.00Aug 7$0.25$4.75$0.2519.00$434.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 138 found (best R:R 199.00, avg 4.57)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$400.00$440.00Aug 7$39.75$39.75$0.25159.00$439.75
$400.00$440.00Aug 14$38.65$38.65$1.3528.63$438.65
$445.00$460.00Aug 7$14.45$14.45$0.5526.27$459.45
$465.00$470.00Aug 7$4.60$4.60$0.4011.50$469.60
$470.00$472.50Aug 7$2.20$2.20$0.307.33$472.20
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$515.00$495.00Aug 7$19.90$19.90$0.10199.00$495.10
$570.00$550.00Aug 21$19.75$19.75$0.2579.00$550.25
$550.00$482.50Aug 21$55.30$55.30$12.204.53$494.70
$472.50$470.00Aug 7$2.00$2.00$0.504.00$470.50
$470.00$467.50Aug 14$1.90$1.90$0.603.17$468.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 49 found (avg debit $4.34, cheapest $0.15)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$400.00Aug 7Aug 14$0.1572.0%79.2%
$550.00Aug 7Aug 21$0.5862.2%36.5%
$410.00Sep 11Sep 18$0.9036.3%37.5%
$440.00Aug 7Aug 14$1.2553.1%43.3%
$535.00Aug 7Aug 14$1.6065.7%51.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$420.00Aug 7Aug 14$0.4465.1%45.5%
$490.00Sep 4Sep 11$0.7035.6%34.4%
$425.00Aug 7Aug 14$1.2271.1%52.8%
$430.00Aug 7Aug 14$1.4259.6%49.2%
$440.00Aug 7Aug 14$1.6053.1%43.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 41 found (cheapest 2.78% of stock, avg 7.28%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$480.00Aug 7$5.75$7.55$13.30$466.70$493.302.78%
$482.50Aug 7$5.03$9.30$14.33$468.17$496.832.99%
$475.00Aug 7$8.30$6.15$14.45$460.55$489.453.02%
$477.50Aug 7$7.30$7.15$14.45$463.05$491.953.02%
$472.50Aug 7$9.60$5.00$14.60$457.90$487.103.05%
$485.00Aug 7$3.93$10.80$14.73$470.27$499.733.08%
$470.00Aug 7$11.80$3.00$14.80$455.20$484.803.09%
$487.50Aug 7$2.65$12.55$15.20$472.30$502.703.18%
$465.00Aug 7$16.40$2.40$18.80$446.20$483.803.93%
$495.00Aug 7$2.20$17.40$19.60$475.40$514.604.09%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 135 found (cheapest 0.99% of stock, avg 3.89%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$490.00$467.50Aug 7$1.90$2.83$4.73$462.77$494.73
$490.00$470.00Aug 7$1.90$3.00$4.90$465.10$494.90
$550.00$420.00Aug 28$3.00$2.00$5.00$415.00$555.00
$487.50$467.50Aug 7$2.65$2.83$5.48$462.02$492.98
$487.50$470.00Aug 7$2.65$3.00$5.65$464.35$493.15
$485.00$467.50Aug 7$3.93$2.83$6.76$460.74$491.76
$490.00$472.50Aug 7$1.90$5.00$6.90$465.60$496.90
$540.00$400.00Sep 11$3.90$3.00$6.90$393.10$546.90
$485.00$470.00Aug 7$3.93$3.00$6.93$463.07$491.93
$550.00$430.00Aug 28$3.00$3.98$6.98$423.02$556.98

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 278 found (best R:R 49.00, avg credit $4.52)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
420/425445/460Aug 7$14.70$0.3049.00$410.30$459.70
430/435445/460Aug 7$14.70$0.3049.00$420.30$459.70
455/458465/470Aug 7$4.90$0.1049.00$452.60$469.90
450/455465/470Sep 4$4.90$0.1049.00$450.10$469.90
445/450482/488Aug 21$4.87$0.1337.46$445.13$487.37
400/410445/460Aug 7$14.55$0.4532.33$395.45$459.55
420/425465/470Aug 7$4.85$0.1532.33$420.15$469.85
430/435465/470Aug 7$4.85$0.1532.33$430.15$469.85
440/445465/470Aug 7$4.82$0.1826.78$440.18$469.82
420/425450/455Aug 14$4.78$0.2221.73$420.22$454.78

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 40 found (best R:R 99.00, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$485.00$490.00$495.00Aug 14$0.15$4.8532.33
$470.00$480.00$490.00Sep 18$0.50$9.5019.00
$500.00$510.00$520.00Sep 18$0.90$9.1010.11
$490.00$492.50$495.00Aug 21$0.25$2.259.00
$472.50$475.00$477.50Aug 7$0.30$2.207.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$410.00$420.00$430.00Sep 18$0.10$9.9099.00
$462.50$465.00$467.50Aug 7$0.06$2.4440.67
$450.00$460.00$470.00Sep 18$0.25$9.7539.00
$415.00$420.00$425.00Sep 11$0.18$4.8226.78
$455.00$460.00$465.00Aug 21$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. 96 found (best net $-0.95, 76 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$400.00$440.001:2Aug 14-$0.95$39.05
$410.00$450.001:2Sep 18-$7.70$32.30
$515.00$530.001:2Aug 14-$2.20$12.80
$500.00$515.001:2Sep 4-$3.90$11.10
$445.00$460.001:2Aug 7-$4.50$10.50
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$450.00$430.001:2Sep 4-$0.16$19.84
$490.00$470.001:2Sep 4-$5.70$14.30
$490.00$470.001:2Sep 18-$6.35$13.65
$415.00$400.001:2Sep 11-$2.52$12.48
$470.00$455.001:2Sep 4-$4.80$10.20

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 42 found (best yield 4.70%, avg 1.44%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$480.00Sep 18$22.500.520.3%4.70%4.97%31243
$490.00Sep 18$18.000.452.4%3.76%6.12%26161
$480.00Aug 28$17.000.500.3%3.55%3.82%17
$485.00Sep 11$14.700.471.3%3.07%4.38%1620
$480.00Aug 21$14.100.500.3%2.95%3.21%6961
$500.00Sep 18$14.100.394.5%2.95%7.39%212171
$485.00Sep 4$13.500.471.3%2.82%4.13%1420
$482.50Aug 21$13.400.480.8%2.80%3.59%84
$490.00Sep 11$12.300.442.4%2.57%4.93%22
$490.00Sep 4$11.300.432.4%2.36%4.72%44

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 1,499
Total Puts 1,551
Put/Call Ratio 1.03
Net Difference -52

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 9,769
Total Puts 17,338
Average Put/Call Ratio 2.17
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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