Tour v527
VRTX
VERTEX PHARMACEUTICA
$514.56 -1.26%
$515.60 (+0.20%)🌙
as of 09/10 07:13 PM
9/10 19:13

Option Volume

Detail
Current (09/10) 1,588
Calls: 962 (61%)
Puts: 626 (39%)
Prior (09/09) 1,238
Calls: 653 (53%)
Puts: 585 (47%)
Current vs Prior +28.27%
Calls: +47.32% (Calls)
Puts: +7.01% (Puts)
Prior 7-Day Total 12,613
Calls: 6,297 (50%)
Puts: 6,316 (50%)
Prior 7-Day Average 1,801
Calls: 899 (50%)
Puts: 902 (50%)
Current vs Prior 7-Day Avg -11.87%
Calls: +6.94%
Puts: -30.62%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/10) $1.35M
Calls: $772.9K (57%)
Puts: $573.8K (43%)
Prior (09/09) $1.43M
Calls: $708.4K (49%)
Puts: $724.3K (51%)
Current vs Prior -6.01%
Calls: +9.11%
Puts: -20.79%
Prior 7-Day Total $24.94M
Calls: $15.30M (61%)
Puts: $9.63M (39%)
Prior 7-Day Average $3.56M
Calls: $2.19M (61%)
Puts: $1.38M (39%)
Current vs Prior 7-Day Avg -62.20%
Calls: -64.65%
Puts: -58.29%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/10) 0.65
Prior (09/09) 0.90
Current vs Prior -27.36%
Prior 7-Day Average 1.19
Current vs Prior 7-Day Avg -45.22%
Sentiment BULLISH

Open Interest

Detail
Current (09/10) 6,860
Calls: 4,117 (60%)
Puts: 2,743 (40%)
Prior (09/09) 7,460
Calls: 4,235 (57%)
Puts: 3,225 (43%)
Current vs Prior -8.04%
Prior 7-Day Total 61,514
Calls: 38,506 (63%)
Puts: 23,008 (37%)
Prior 7-Day Average 8,787
Calls: 5,500 (63%)
Puts: 3,286 (37%)
Current vs Prior 7-Day Avg -21.94%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/11) | Next (09/18)Expiry (09/18) | Next (10/16)
Current 2.52% | 4.13%4.13% | 8.60%
Prior 2.40% | 4.48%4.48% | 8.69%
Current vs Prior +5.16% | -7.83%-7.83% | -1.07%
Prior 7-Day Avg 2.35% | 3.89%4.81% | 8.83%
Current vs 7-Day Avg +7.23% | +6.07%-14.14% | -2.60%
Prior 7-Day Eod 2.40% | 4.48%4.48% | 8.69%
Current vs 7-Day Eod +5.16% | -7.83%-7.83% | -1.07%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 53.36% | 9.83%
Calls: 27.85% | 9.76%
Puts: 78.87% | 9.90%
Prior 53.36% | 9.83%
Calls: 27.85% | 9.76%
Puts: 78.87% | 9.90%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 53.36% | 9.83%
Calls: 27.85% | 9.76%
Puts: 78.87% | 9.90%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Bullish P/C ratio of 0.65. P/C ratio dropping 27% - sentiment shifting bullish. Call-heavy open interest (4,117 calls vs 2,743 puts) suggests bullish positioning.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
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. 24 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Sep 1815.5022.60$19.0537.3%10.80--
$510.00Sep 1810.5015.80$13.1540.3%10.62--
$510.00Sep 2514.9019.70$17.3027.7%20.577
$515.00Sep 258.6017.00$12.8065.6%10.51--
$515.00Sep 111.608.90$5.25139.0%20.5117
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Sep 1831.3039.20$35.2522.4%61.00--
$555.00Sep 1836.2044.10$40.1519.7%20.95--
$545.00Sep 1826.1033.80$29.9525.7%80.93--
$560.00Sep 1141.2049.10$45.1517.5%10.92--
$540.00Sep 1121.2028.60$24.9029.7%10.9212

Most actively traded options today. High liquidity = easy entry/exit. 101 active (total vol 1.3K, top 76)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$570.00Sep 250.101.25$0.68169.1%600.057
$580.00Sep 250.001.20$0.60200.0%600.0427
$530.00Sep 181.006.00$3.50142.9%590.27289
$595.00Oct 20.001.30$0.65200.0%540.04--
$615.00Oct 20.001.00$0.50200.0%440.032
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$445.00Sep 250.001.00$0.50200.0%760.03--
$475.00Sep 250.804.90$2.85143.9%660.141
$470.00Sep 250.551.90$1.23109.8%420.0823
$480.00Sep 250.453.30$1.88151.6%420.123
$455.00Sep 250.001.00$0.50200.0%370.04--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 56.6%, max 99.4%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$530.00Sep 11Oct 1662.4%31.3%99.4%24127
$520.00Sep 11Oct 1655.5%31.7%75.0%2312
$515.00Sep 11Sep 2550.2%29.2%72.0%317
$525.00Sep 11Sep 1845.8%26.6%71.8%1216
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$510.00Sep 11Oct 1649.9%28.7%73.7%13178
$520.00Oct 16Oct 2331.7%31.1%2.1%8227
$490.00Sep 25Oct 1630.4%29.9%1.9%2265

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 54 found (best R:R 15.95, avg 6.54)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$570.00$590.00Oct 9$0.70$19.30$0.7016%27.57$570.70
$500.00$510.00Sep 18$5.90$4.10$5.9080%0.69$505.90
$525.00$527.50Sep 18$0.20$2.30$0.2033%11.50$525.20
$540.00$550.00Oct 16$2.25$7.75$2.2533%3.44$542.25
$515.00$520.00Sep 11$1.65$3.35$1.6551%2.03$516.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$490.00$460.00Oct 2$1.77$28.23$1.7723%15.95$488.23
$545.00$515.00Oct 2$19.30$10.70$19.3078%0.55$525.70
$530.00$520.00Oct 16$4.65$5.35$4.6560%1.15$525.35
$550.00$540.00Oct 16$6.30$3.70$6.3074%0.59$543.70
$490.00$460.00Oct 9$3.45$26.55$3.4526%7.70$486.55

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 44 found (best R:R 0.57, avg 0.29)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$550.00$560.00Oct 16$3.65$3.65$6.3574%0.57$553.65
$580.00$595.00Sep 18$2.25$2.25$12.7588%0.18$582.25
$580.00$590.00Oct 16$1.73$1.73$8.2788%0.21$581.73
$590.00$595.00Oct 2$1.10$1.10$3.9092%0.28$591.10
$520.00$525.00Sep 11$2.25$2.25$2.7563%0.82$522.25
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$475.00$470.00Sep 25$1.62$1.62$3.3886%0.48$473.38
$480.00$470.00Oct 16$2.70$2.70$7.3078%0.37$477.30
$500.00$490.00Sep 25$2.75$2.75$7.2569%0.38$497.25
$460.00$455.00Sep 25$0.52$0.52$4.4894%0.12$459.48
$500.00$490.00Oct 16$3.30$3.30$6.7064%0.49$496.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $5.93, cheapest $2.83)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$520.00Sep 11Sep 18$2.8355.5%27.5%
$515.00Sep 11Sep 25$7.5550.2%29.2%
$510.00Sep 18Sep 25$4.1526.9%29.8%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$510.00Sep 11Oct 16$12.9549.9%28.7%
$520.00Oct 16Oct 23$1.9031.7%31.1%
$515.00Sep 18Oct 2$6.2027.9%28.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 11 found (cheapest 3.32% of stock, avg 6.18%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$530.00Sep 11$1.60$15.50$17.10$512.90$547.103.32%
$500.00Sep 18$19.05$2.28$21.33$478.67$521.334.15%
$530.00Sep 18$3.50$18.30$21.80$508.20$551.804.24%
$540.00Sep 11$0.78$24.90$25.68$514.32$565.684.99%
$540.00Sep 18$1.38$26.00$27.38$512.62$567.385.32%
$545.00Sep 18$1.13$29.95$31.08$513.92$576.086.04%
$550.00Sep 18$0.40$35.25$35.65$514.35$585.656.93%
$520.00Oct 16$18.20$21.20$39.40$480.60$559.407.66%
$530.00Oct 16$13.90$25.85$39.75$490.25$569.757.73%
$540.00Oct 16$9.80$33.50$43.30$496.70$583.308.41%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 88 found (cheapest 0.50% of stock, avg 2.38%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$570.00$480.00Sep 25$0.68$1.88$2.56$477.44$572.56
$565.00$480.00Sep 25$1.15$1.88$3.03$476.97$568.03
$535.00$480.00Sep 18$2.20$0.75$2.95$477.05$537.95
$570.00$485.00Sep 25$0.68$2.75$3.43$481.57$573.43
$570.00$475.00Sep 25$0.68$2.85$3.53$471.47$573.53
$565.00$485.00Sep 25$1.15$2.75$3.90$481.10$568.90
$565.00$475.00Sep 25$1.15$2.85$4.00$471.00$569.00
$535.00$500.00Sep 18$2.20$2.28$4.48$495.52$539.48
$525.00$510.00Sep 11$1.35$3.00$4.35$505.65$529.35
$570.00$490.00Sep 25$0.68$3.70$4.38$485.62$574.38

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 41 found (best R:R 1.74, avg credit $2.76)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
470/480550/560Oct 16$6.35$3.6551%1.74$473.65$556.35
470/475565/570Sep 25$2.09$2.9178%0.72$472.91$567.09
470/480580/590Oct 16$4.43$5.5766%0.80$475.57$584.43
470/480570/580Oct 16$4.82$5.1860%0.93$475.18$574.82
455/460565/570Sep 25$0.99$4.0186%0.25$459.01$565.99
470/480600/610Oct 16$3.10$6.9072%0.45$476.90$603.10
480/485565/570Sep 25$1.34$3.6676%0.37$483.66$566.34
470/475580/590Sep 25$1.87$8.1382%0.23$473.13$581.87
485/490565/570Sep 25$1.42$3.5872%0.40$488.58$566.42
465/470565/570Sep 25$0.75$4.2584%0.18$469.25$565.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 24 found (best R:R 2.42, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$520.00$530.00$540.00Oct 16$0.20$9.8016%49.00
$570.00$580.00$590.00Oct 16$0.39$9.6112%24.64
$560.00$565.00$570.00Sep 18$0.15$4.858%32.33
$530.00$535.00$540.00Sep 18$0.48$4.5214%9.42
$570.00$575.00$580.00Sep 18$0.50$4.5010%9.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$500.00$515.00$530.00Sep 18$4.38$10.6254%2.42
$490.00$500.00$510.00Oct 16$0.55$9.4516%17.18
$480.00$485.00$490.00Sep 25$0.08$4.928%61.50
$460.00$465.00$470.00Sep 25$0.35$4.652%13.29
$450.00$455.00$460.00Sep 25$0.52$4.483%8.62

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 69 found (best net $-13.75, 47 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$550.00$560.001:2Oct 16-$0.25$9.75
$517.50$527.501:2Sep 25-$2.80$7.20
$570.00$580.001:2Oct 16-$0.71$9.29
$500.00$510.001:2Sep 18-$7.25$2.75
$560.00$565.001:2Sep 18-$0.10$4.90
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$580.00$550.001:2Oct 16-$13.75$16.25
$540.00$530.001:2Sep 11-$6.10$3.90
$490.00$460.001:2Oct 2-$1.51$28.49
$500.00$490.001:2Sep 25-$0.95$9.05
$480.00$470.001:2Oct 16-$1.65$8.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 26 found (best yield 2.84%, avg 0.57%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$520.00Oct 16$14.600.481.1%2.84%3.89%2--
$530.00Oct 16$10.300.413.0%2.00%5.00%23127
$540.00Oct 16$6.100.334.9%1.19%6.13%7--
$550.00Oct 16$5.100.266.9%0.99%7.88%1--
$570.00Oct 16$2.000.1810.8%0.39%11.16%12371
$517.50Sep 25$8.900.480.6%1.73%2.30%10--
$560.00Oct 16$2.200.178.8%0.43%9.26%7309
$580.00Oct 16$1.750.1212.7%0.34%13.06%753
$570.00Oct 2$0.650.1610.8%0.13%10.90%113
$570.00Oct 9$0.600.1610.8%0.12%10.89%11

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 962
Total Puts 626
Put/Call Ratio 0.65
Net Difference 336

Prior's Put/Call Breakdown

Total Calls 653
Total Puts 585
Put/Call Ratio 0.90
Net Difference 68

Prior 7-Day Put/Call Summary

Total Calls 6,297
Total Puts 6,316
Average Put/Call Ratio 1.19
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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