Tour v492
VRTX
VERTEX PHARMACEUTICA
$484.83 +1.28%
$487.50 (+0.55%)🌙
as of 08/05 07:22 PM
8/5 19:22

Option Volume

Detail
Current (08/05) 2,602
Calls: 1,631 (63%)
Puts: 971 (37%)
Prior (08/04) 3,050
Calls: 1,499 (49%)
Puts: 1,551 (51%)
Current vs Prior -14.69%
Calls: +8.81% (Calls)
Puts: -37.40% (Puts)
Prior 7-Day Total 25,308
Calls: 10,557 (42%)
Puts: 14,751 (58%)
Prior 7-Day Average 3,615
Calls: 1,508 (42%)
Puts: 2,107 (58%)
Current vs Prior 7-Day Avg -28.03%
Calls: +8.15%
Puts: -53.92%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/05) $2.31M
Calls: $1.52M (66%)
Puts: $786.7K (34%)
Prior (08/04) $2.69M
Calls: $1.88M (70%)
Puts: $810.3K (30%)
Current vs Prior -14.17%
Calls: -19.01%
Puts: -2.92%
Prior 7-Day Total $21.36M
Calls: $9.94M (47%)
Puts: $11.42M (53%)
Prior 7-Day Average $3.05M
Calls: $1.42M (47%)
Puts: $1.63M (53%)
Current vs Prior 7-Day Avg -24.27%
Calls: +7.35%
Puts: -51.79%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/05) 0.60
Prior (08/04) 1.03
Current vs Prior -42.46%
Prior 7-Day Average 1.60
Current vs Prior 7-Day Avg -62.85%
Sentiment BULLISH

Open Interest

Detail
Current (08/05) 15,322
Calls: 6,376 (42%)
Puts: 8,946 (58%)
Prior (08/04) 19,471
Calls: 7,612 (39%)
Puts: 11,859 (61%)
Current vs Prior -21.31%
Prior 7-Day Total 140,536
Calls: 63,182 (45%)
Puts: 77,354 (55%)
Prior 7-Day Average 20,076
Calls: 9,026 (45%)
Puts: 11,050 (55%)
Current vs Prior 7-Day Avg -23.68%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 2.39% | 4.91%6.45% | 10.11%
Prior 3.10% | 5.43%6.81% | 10.79%
Current vs Prior -22.87% | -9.62%-5.35% | -6.33%
Prior 7-Day Avg 3.59% | 6.74%8.36% | 11.91%
Current vs 7-Day Avg -33.32% | -27.13%-22.90% | -15.15%
Prior 7-Day Eod 3.10% | 5.43%6.81% | 10.79%
Current vs 7-Day Eod -22.87% | -9.62%-5.35% | -6.33%
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 101.98% | 14.77%
Calls: 58.68% | 17.83%
Puts: 145.27% | 11.72%
Current vs 7-Day Avg -84.66% | +24.15%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 66% call dollar volume ($1.52M). Bullish P/C ratio of 0.60. P/C ratio dropping 42% - sentiment shifting bullish. Declining open interest (down 21%) indicates positions being closed.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BEARISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
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 3 of results (avg 9.1%, best 7.7%)

CALLS (0)
No calls meet the criteria
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$490.00Sep 1822.5024.30$23.407.7%50.5116
$470.00Sep 1813.7015.10$14.409.7%20.37396
$460.00Sep 1810.5011.60$11.0510.0%50.30507

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. 31 found (avg delta 0.67, highest 0.94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Aug 732.0039.20$35.6020.2%10.94--
$452.50Aug 729.0036.80$32.9023.7%110.93--
$457.50Aug 724.1031.90$28.0027.9%100.92--
$465.00Aug 717.0024.90$20.9537.7%10.92--
$430.00Sep 1858.8065.90$62.3511.4%100.8534
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$487.50Aug 1410.3015.60$12.9540.9%10.52--
$490.00Sep 419.1022.60$20.8516.8%30.529
$490.00Sep 1119.9023.60$21.7517.0%40.517
$490.00Sep 1822.5024.30$23.407.7%50.5116
$485.00Aug 72.409.70$6.05120.7%10.50--

Most actively traded options today. High liquidity = easy entry/exit. 130 active (total vol 2.5K, top 514)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Aug 70.252.85$1.55167.7%5140.18100
$505.00Aug 140.506.80$3.65172.6%5000.2410
$480.00Aug 76.6010.40$8.5044.7%710.62184
$492.50Aug 70.406.00$3.20175.0%370.327
$470.00Aug 713.4019.30$16.3536.1%260.82--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$477.50Aug 145.9010.40$8.1555.2%1690.384
$460.00Aug 140.404.70$2.55168.6%1500.17--
$482.50Aug 2111.9013.90$12.9015.5%1220.468
$485.00Sep 414.6021.20$17.9036.9%440.473
$485.00Sep 1116.2022.80$19.5033.8%440.471

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 32 strikes (avg 54.2%, max 190.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$450.00Aug 7Sep 1862.6%33.2%88.4%5--
$520.00Aug 7Sep 1859.6%33.6%77.4%7--
$505.00Aug 7Aug 1453.4%34.9%53.2%50210
$530.00Aug 7Aug 2857.7%38.4%50.2%680
$470.00Aug 7Sep 1846.8%31.9%46.7%28--
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$420.00Aug 7Sep 18102.8%35.4%190.0%152.1K
$440.00Aug 7Sep 1893.4%34.0%174.8%14297
$430.00Aug 7Sep 1892.4%35.2%162.8%8160
$400.00Aug 7Sep 1895.4%38.2%149.6%3--
$450.00Aug 7Sep 1862.6%33.2%88.4%7178

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 88 found (best R:R 40.67, avg 5.03)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$500.00$505.00Aug 7$0.12$4.88$0.1240.67$500.12
$520.00$530.00Aug 21$0.28$9.72$0.2834.71$520.28
$520.00$525.00Aug 7$0.15$4.85$0.1532.33$520.15
$525.00$530.00Aug 7$0.20$4.80$0.2024.00$525.20
$520.00$530.00Aug 28$0.40$9.60$0.4024.00$520.40
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$440.00$430.00Aug 7$0.63$9.37$0.6314.87$439.37
$420.00$400.00Sep 18$1.40$18.60$1.4013.29$418.60
$467.50$465.00Aug 7$0.20$2.30$0.2011.50$467.30
$410.00$400.00Aug 7$0.82$9.18$0.8211.20$409.18
$440.00$430.00Aug 21$0.90$9.10$0.9010.11$439.10

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 100 found (best R:R 49.00, avg 1.54)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$452.50$457.50Aug 7$4.90$4.90$0.1049.00$457.40
$457.50$465.00Aug 7$7.05$7.05$0.4515.67$464.55
$465.00$470.00Aug 7$4.60$4.60$0.4011.50$469.60
$430.00$440.00Sep 18$8.20$8.20$1.804.56$438.20
$440.00$450.00Sep 18$8.15$8.15$1.854.41$448.15
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$487.50$482.50Aug 14$3.75$3.75$1.253.00$483.75
$475.00$472.50Aug 7$1.80$1.80$0.702.57$473.20
$475.00$472.50Aug 21$1.65$1.65$0.851.94$473.35
$475.00$470.00Aug 14$3.00$3.00$2.001.50$472.00
$490.00$485.00Sep 4$2.95$2.95$2.051.44$487.05

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 33 found (avg debit $4.11, cheapest $0.54)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$520.00Aug 7Aug 14$0.5459.6%32.6%
$510.00Aug 7Aug 14$1.9050.3%34.4%
$505.00Aug 7Aug 14$2.2253.4%34.9%
$550.00Aug 21Aug 28$2.3038.0%42.6%
$530.00Aug 7Aug 21$2.7257.7%38.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$490.00Sep 4Sep 11$0.9035.1%33.9%
$445.00Aug 7Aug 14$0.9882.4%46.5%
$455.00Aug 7Aug 14$1.7246.0%37.5%
$460.00Aug 7Aug 14$1.8552.6%36.6%
$400.00Aug 7Aug 14$2.1295.4%87.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 27 found (cheapest 2.45% of stock, avg 7.00%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$485.00Aug 7$5.85$6.05$11.90$473.10$496.902.45%
$480.00Aug 7$8.50$4.30$12.80$467.20$492.802.64%
$472.50Aug 7$14.70$1.23$15.93$456.57$488.433.29%
$475.00Aug 7$13.45$3.03$16.48$458.52$491.483.40%
$470.00Aug 7$16.35$1.60$17.95$452.05$487.953.70%
$465.00Aug 7$20.95$0.55$21.50$443.50$486.504.43%
$482.50Aug 14$13.30$9.20$22.50$460.00$505.004.64%
$475.00Aug 14$16.35$7.45$23.80$451.20$498.804.91%
$470.00Aug 14$19.75$4.45$24.20$445.80$494.204.99%
$480.00Aug 21$17.70$11.85$29.55$450.45$509.556.09%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 132 found (cheapest 0.65% of stock, avg 3.73%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$495.00$472.50Aug 7$1.92$1.23$3.15$469.35$498.15
$495.00$470.00Aug 7$1.92$1.60$3.52$466.48$498.52
$492.50$472.50Aug 7$3.20$1.23$4.43$468.07$496.93
$492.50$470.00Aug 7$3.20$1.60$4.80$465.20$497.30
$495.00$475.00Aug 7$1.92$3.03$4.95$470.05$499.95
$495.00$477.50Aug 7$1.92$3.50$5.42$472.08$500.42
$490.00$472.50Aug 7$4.53$1.23$5.76$466.74$495.76
$490.00$470.00Aug 7$4.53$1.60$6.13$463.87$496.13
$492.50$475.00Aug 7$3.20$3.03$6.23$468.77$498.73
$495.00$480.00Aug 7$1.92$4.30$6.22$473.78$501.22

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 242 found (best R:R 99.00, avg credit $4.44)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
470/480490/500Sep 11$9.90$0.1099.00$470.10$499.90
482/488492/495Aug 14$4.90$0.1049.00$482.60$497.40
482/488505/510Aug 14$4.82$0.1826.78$482.68$509.82
482/488500/505Aug 14$4.80$0.2024.00$482.70$504.80
420/430440/450Sep 18$9.60$0.4024.00$420.40$449.60
482/488490/492Aug 14$4.75$0.2519.00$482.75$494.75
450/460470/480Sep 18$9.45$0.5517.18$450.55$479.45
470/475480/482Aug 14$4.60$0.4011.50$470.40$484.60
475/478480/482Aug 14$2.30$0.2011.50$475.20$482.30
470/475495/498Aug 14$4.55$0.4510.11$470.45$499.55

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 26 found (best R:R 199.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$480.00$490.00$500.00Sep 18$0.55$9.4517.18
$480.00$485.00$490.00Sep 4$0.40$4.6011.50
$490.00$500.00$510.00Sep 18$1.00$9.009.00
$495.00$497.50$500.00Aug 14$0.35$2.156.14
$495.00$497.50$500.00Aug 7$0.37$2.135.76
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$420.00$430.00$440.00Sep 18$0.05$9.95199.00
$430.00$440.00$450.00Aug 21$0.45$9.5521.22
$445.00$450.00$455.00Aug 7$0.23$4.7720.74
$430.00$440.00$450.00Sep 18$0.60$9.4015.67
$440.00$450.00$460.00Sep 18$0.60$9.4015.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 67 found (best net $-3.92, 52 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$530.00$550.001:2Aug 28-$1.80$18.20
$530.00$545.001:2Aug 21-$0.85$14.15
$500.00$515.001:2Sep 4-$4.05$10.95
$520.00$530.001:2Aug 21-$2.57$7.43
$520.00$530.001:2Aug 28-$4.40$5.60
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$430.00$400.001:2Aug 14-$3.92$26.08
$420.00$400.001:2Sep 18-$0.50$19.50
$470.00$450.001:2Sep 11-$3.30$16.70
$470.00$455.001:2Sep 4-$1.75$13.25
$420.00$410.001:2Aug 7-$1.35$8.65

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 38 found (best yield 4.10%, avg 1.36%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$485.00Sep 11$19.900.530.0%4.10%4.14%1622
$490.00Sep 18$19.700.491.1%4.06%5.13%4167
$485.00Sep 4$18.800.530.0%3.88%3.91%1620
$490.00Sep 11$17.300.491.1%3.57%4.63%42
$490.00Sep 4$15.800.491.1%3.26%4.33%42
$500.00Sep 18$12.400.423.1%2.56%5.69%10294
$510.00Sep 18$12.100.365.2%2.50%7.69%1374
$490.00Aug 21$11.900.471.1%2.45%3.52%1--
$485.00Aug 21$11.700.520.0%2.41%2.45%17
$500.00Sep 11$10.700.413.1%2.21%5.34%12--

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 1,631
Total Puts 971
Put/Call Ratio 0.60
Net Difference 660

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 10,557
Total Puts 14,751
Average Put/Call Ratio 1.60
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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