Tour v528
VRTX
VERTEX PHARMACEUTICA
$510.72 +0.47%
$511.70 (+0.19%)🌙
as of 09/21 07:12 PM
9/21 19:12

Option Volume

Detail
Current (09/21) 1,482
Calls: 1,012 (68%)
Puts: 470 (32%)
Prior (09/18) 945
Calls: 560 (59%)
Puts: 385 (41%)
Current vs Prior +56.83%
Calls: +80.71% (Calls)
Puts: +22.08% (Puts)
Prior 7-Day Total 10,752
Calls: 6,199 (58%)
Puts: 4,553 (42%)
Prior 7-Day Average 1,536
Calls: 885 (58%)
Puts: 650 (42%)
Current vs Prior 7-Day Avg -3.52%
Calls: +14.28%
Puts: -27.74%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/21) $2.44M
Calls: $1.47M (60%)
Puts: $972.7K (40%)
Prior (09/18) $1.08M
Calls: $683.0K (63%)
Puts: $398.4K (37%)
Current vs Prior +125.75%
Calls: +115.01%
Puts: +144.17%
Prior 7-Day Total $14.54M
Calls: $9.48M (65%)
Puts: $5.06M (35%)
Prior 7-Day Average $2.08M
Calls: $1.35M (65%)
Puts: $723.0K (35%)
Current vs Prior 7-Day Avg +17.53%
Calls: +8.44%
Puts: +34.55%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/21) 0.46
Prior (09/18) 0.69
Current vs Prior -32.45%
Prior 7-Day Average 0.70
Current vs Prior 7-Day Avg -33.52%
Sentiment BULLISH

Open Interest

Detail
Current (09/21) 5,075
Calls: 4,269 (84%)
Puts: 806 (16%)
Prior (09/18) 7,158
Calls: 4,600 (64%)
Puts: 2,558 (36%)
Current vs Prior -29.10%
Prior 7-Day Total 62,395
Calls: 37,737 (60%)
Puts: 24,658 (40%)
Prior 7-Day Average 8,913
Calls: 5,391 (60%)
Puts: 3,522 (40%)
Current vs Prior 7-Day Avg -43.06%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)
Current 3.08% | 4.64%6.48% | 11.23%
Prior 3.59% | 4.80%1.20% | 7.14%
Current vs Prior -14.10% | -3.32%+440.08% | +57.25%
Prior 7-Day Avg 2.92% | 4.49%3.60% | 8.28%
Current vs 7-Day Avg +5.51% | +3.35%+80.09% | +35.56%
Prior 7-Day Eod 3.59% | 4.80%1.20% | 7.14%
Current vs 7-Day Eod -14.10% | -3.32%+440.08% | +57.25%
Sentiment BULLISHBEARISH

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

Moderately bullish flow with 60% call dollar volume ($1.47M). Massive premium surge with dollar volume up 126% vs prior. Above-average activity with volume up 57% vs prior. Extreme bullish P/C ratio of 0.46 - heavy call buying (1,012 calls vs 470 puts).

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 BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
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. 16 found (avg delta 0.69, highest 0.95)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$480.00Sep 2527.5036.00$31.7526.8%10.953
$480.00Oct 1633.0041.50$37.2522.8%20.7869
$492.50Oct 1623.0031.80$27.4032.1%20.71--
$495.00Oct 1623.0029.30$26.1524.1%20.69--
$497.50Oct 1620.0028.20$24.1034.0%60.67--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$560.00Oct 1646.0053.80$49.9015.6%10.89--
$530.00Oct 218.9026.10$22.5032.0%100.75--
$530.00Oct 921.2028.30$24.7528.7%60.70--
$520.00Sep 2510.6016.40$13.5043.0%30.6917
$530.00Oct 1621.0030.00$25.5035.3%160.69--

Most actively traded options today. High liquidity = easy entry/exit. 67 active (total vol 820, top 383)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$515.00Oct 1610.0016.30$13.1547.9%3830.49--
$520.00Oct 168.0014.00$11.0054.5%830.4369
$550.00Oct 162.454.30$3.3854.7%280.17281
$530.00Sep 250.052.00$1.02191.2%240.1317
$580.00Oct 160.802.85$1.83112.0%210.0957
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$530.00Oct 1621.0030.00$25.5035.3%160.69--
$510.00Sep 252.009.50$5.75130.4%130.456
$510.00Oct 25.5013.10$9.3081.7%100.47--
$530.00Oct 218.9026.10$22.5032.0%100.75--
$500.00Oct 168.2012.80$10.5043.8%100.36--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 3 strikes (avg 14.5%, max 18.8%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$525.00Sep 25Oct 1634.5%29.0%18.8%2129
$520.00Sep 25Oct 1631.6%26.9%17.3%9773
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$500.00Sep 25Oct 1632.4%30.2%7.3%15145

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 37 found (best R:R 27.57, avg 4.58)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$530.00$540.00Oct 16$0.35$9.65$0.3532%27.57$530.35
$530.00$555.00Oct 2$1.68$23.32$1.6825%13.88$531.68
$520.00$525.00Oct 16$0.80$4.20$0.8043%5.25$520.80
$497.50$505.00Oct 16$3.85$3.65$3.8567%0.95$501.35
$515.00$520.00Sep 25$0.85$4.15$0.8542%4.88$515.85
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$510.00$500.00Oct 16$2.45$7.55$2.4546%3.08$507.55
$510.00$500.00Oct 2$2.85$7.15$2.8547%2.51$507.15
$460.00$450.00Oct 16$0.85$9.15$0.8512%10.76$459.15
$530.00$510.00Oct 2$13.20$6.80$13.2075%0.52$516.80
$505.00$490.00Oct 30$5.35$9.65$5.3543%1.80$499.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 29 found (best R:R 0.85, avg 0.43)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$545.00$550.00Sep 25$2.30$2.30$2.7083%0.85$547.30
$525.00$530.00Oct 16$3.45$3.45$1.5561%2.23$528.45
$540.00$550.00Oct 16$3.02$3.02$6.9873%0.43$543.02
$525.00$530.00Sep 25$1.61$1.61$3.3975%0.47$526.61
$515.00$545.00Oct 23$10.35$10.35$19.6551%0.53$525.35
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$480.00$475.00Oct 16$2.57$2.57$2.4378%1.06$477.43
$500.00$490.00Oct 2$3.45$3.45$6.5566%0.53$496.55
$495.00$485.00Sep 25$2.08$2.08$7.9278%0.26$492.92
$500.00$487.50Oct 16$4.45$4.45$8.0564%0.55$495.55
$475.00$470.00Oct 16$1.15$1.15$3.8584%0.30$473.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $4.88, cheapest $3.15)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$510.00Sep 25Oct 2$3.1531.5%28.0%
$520.00Sep 25Oct 2$3.7531.6%31.1%
$505.00Oct 2Oct 16$6.5528.6%28.2%
$515.00Sep 25Oct 16$8.8526.9%26.9%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$510.00Sep 25Oct 2$3.5531.5%28.0%
$505.00Oct 9Oct 23$3.4027.7%27.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 9 found (cheapest 2.67% of stock, avg 6.09%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$510.00Sep 25$7.90$5.75$13.65$496.35$523.652.67%
$520.00Sep 25$3.45$13.50$16.95$503.05$536.953.32%
$510.00Oct 2$11.05$9.30$20.35$489.65$530.353.98%
$530.00Oct 2$3.93$22.50$26.43$503.57$556.435.18%
$530.00Oct 16$6.75$25.50$32.25$497.75$562.256.31%
$505.00Oct 23$22.25$13.20$35.45$469.55$540.456.94%
$505.00Oct 30$23.95$15.15$39.10$465.90$544.107.66%
$480.00Oct 16$37.25$6.25$43.50$436.50$523.508.52%
$560.00Oct 16$2.53$49.90$52.43$507.57$612.4310.27%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 65 found (cheapest 0.71% of stock, avg 2.38%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$545.00$485.00Sep 25$2.80$0.85$3.65$481.35$548.65
$525.00$485.00Sep 25$2.63$0.85$3.48$481.52$528.48
$522.50$485.00Sep 25$2.78$0.85$3.63$481.37$526.13
$525.00$500.00Sep 25$2.63$2.43$5.06$494.94$530.06
$525.00$497.50Sep 25$2.63$2.65$5.28$492.22$530.28
$522.50$500.00Sep 25$2.78$2.43$5.21$494.79$527.71
$545.00$500.00Sep 25$2.80$2.43$5.23$494.77$550.23
$520.00$485.00Sep 25$3.45$0.85$4.30$480.70$524.30
$555.00$490.00Oct 2$2.25$3.00$5.25$484.75$560.25
$522.50$497.50Sep 25$2.78$2.65$5.43$492.07$527.93

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 20 found (best R:R 1.27, avg credit $2.98)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
475/480540/550Oct 16$5.59$4.4151%1.27$474.41$545.59
485/495545/550Sep 25$4.38$5.6261%0.78$490.62$549.38
475/480560/570Oct 16$3.60$6.4064%0.56$476.40$563.60
450/460540/550Oct 16$3.87$6.1361%0.63$456.13$543.87
470/475540/550Oct 16$4.17$5.8357%0.72$470.83$544.17
475/480550/560Oct 16$3.42$6.5860%0.52$476.58$553.42
450/460560/570Oct 16$1.88$8.1274%0.23$458.12$561.88
470/475560/570Oct 16$2.18$7.8270%0.28$472.82$562.18
485/495538/540Sep 25$2.23$7.7770%0.29$492.77$539.73
485/495535/538Sep 25$2.36$7.6467%0.31$492.64$537.36

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 12 found (best R:R 16.24, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$510.00$520.00$530.00Oct 2$0.58$9.4228%16.24
$535.00$537.50$540.00Sep 25$0.13$2.374%18.23
$532.50$535.00$537.50Sep 25$0.44$2.068%4.68
$520.00$522.50$525.00Sep 25$0.52$1.988%3.81
$515.00$520.00$525.00Oct 16$1.35$3.6510%2.70
PUTS (3)
LowMidHighExpiryDebitMax GainPOPR:R
$495.00$497.50$500.00Sep 25$0.06$2.442%40.67
$470.00$475.00$480.00Oct 16$1.42$3.5810%2.52
$500.00$510.00$520.00Sep 25$4.43$5.5746%1.26

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 44 found (best net $-1.10, 32 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$530.00$555.001:2Oct 2-$0.57$24.43
$520.00$530.001:2Oct 2-$0.66$9.34
$510.00$515.001:2Sep 25-$0.70$4.30
$540.00$550.001:2Oct 16-$0.36$9.64
$510.00$520.001:2Oct 2-$3.35$6.65
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$560.00$530.001:2Oct 16-$1.10$28.90
$530.00$510.001:2Oct 16-$0.40$19.60
$500.00$487.501:2Oct 16-$1.60$10.90
$505.00$490.001:2Oct 30-$4.45$10.55
$510.00$500.001:2Oct 2-$3.60$6.40

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 20 found (best yield 2.51%, avg 0.67%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$515.00Oct 23$12.800.490.8%2.51%3.34%1--
$525.00Oct 16$6.900.392.8%1.35%4.15%4--
$515.00Oct 16$10.000.490.8%1.96%2.80%383--
$520.00Oct 16$8.000.431.8%1.57%3.38%8369
$540.00Oct 16$3.900.275.7%0.76%6.50%17137
$545.00Oct 23$2.900.256.7%0.57%7.28%1--
$550.00Oct 30$2.600.227.7%0.51%8.20%33
$530.00Oct 16$4.000.323.8%0.78%4.56%4141
$550.00Oct 16$2.450.177.7%0.48%8.17%28281
$520.00Oct 2$5.400.391.8%1.06%2.87%13

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 1,012
Total Puts 470
Put/Call Ratio 0.46
Net Difference 542

Prior's Put/Call Breakdown

Total Calls 560
Total Puts 385
Put/Call Ratio 0.69
Net Difference 175

Prior 7-Day Put/Call Summary

Total Calls 6,199
Total Puts 4,553
Average Put/Call Ratio 0.70
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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