Tour v531
VRTX
VERTEX PHARMACEUTICA
$535.17 +2.03%
$534.81 (-0.07%)🌙
as of 10/22 07:03 PM
◀ 10/22 19:03 ▶

Option Volume

Detail
ℹ
Current (10/22) 1,353
Calls: 877 (65%)
Puts: 476 (35%)
Prior (10/21) 2,162
Calls: 822 (38%)
Puts: 1,340 (62%)
Current vs Prior -37.42%
Calls: +6.69% (Calls)
Puts: -64.48% (Puts)
Prior 7-Day Total 13,833
Calls: 8,010 (58%)
Puts: 5,823 (42%)
Prior 7-Day Average 1,976
Calls: 1,144 (58%)
Puts: 831 (42%)
Current vs Prior 7-Day Avg -31.53%
Calls: -23.36%
Puts: -42.78%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (10/22) $3.44M
Calls: $2.73M (79%)
Puts: $709.9K (21%)
Prior (10/21) $5.55M
Calls: $4.51M (81%)
Puts: $1.04M (19%)
Current vs Prior -38.14%
Calls: -39.62%
Puts: -31.70%
Prior 7-Day Total $19.43M
Calls: $13.17M (68%)
Puts: $6.26M (32%)
Prior 7-Day Average $2.78M
Calls: $1.88M (68%)
Puts: $894.6K (32%)
Current vs Prior 7-Day Avg +23.78%
Calls: +44.92%
Puts: -20.65%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (10/22) 0.54
Prior (10/21) 1.63
Current vs Prior -66.71%
Prior 7-Day Average 0.92
Current vs Prior 7-Day Avg -40.80%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (10/22) 10,157
Calls: 6,920 (68%)
Puts: 3,237 (32%)
Prior (10/21) 7,918
Calls: 4,866 (61%)
Puts: 3,052 (39%)
Current vs Prior +28.28%
Prior 7-Day Total 53,734
Calls: 32,407 (60%)
Puts: 21,327 (40%)
Prior 7-Day Average 7,676
Calls: 4,629 (60%)
Puts: 3,046 (40%)
Current vs Prior 7-Day Avg +32.32%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (10/23) | Next (10/30)Expiry (11/20) | Next (12/18)
Current 2.22% | 3.96%8.59% | 11.05%
Prior 2.41% | 3.94%8.08% | 11.06%
Current vs Prior -8.03% | +0.62%+6.22% | -0.05%
Prior 7-Day Avg 2.69% | 4.10%5.92% | 10.65%
Current vs 7-Day Avg -17.63% | -3.46%+44.98% | +3.83%
Prior 7-Day Eod 2.41% | 3.94%8.08% | 11.06%
Current vs 7-Day Eod -8.03% | +0.62%+6.22% | -0.05%
Sentiment BULLISHBEARISH

Relative Spread

Detail
ℹ
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

Strong bullish conviction with 79% of dollar volume in calls ($2.73M) vs puts ($709.9K). Bullish P/C ratio of 0.54. P/C ratio dropping 67% - sentiment shifting bullish. Call-heavy open interest (6,920 calls vs 3,237 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 BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
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. 30 found (avg delta 0.68, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Oct 2332.0038.20$35.1017.7%11.00--
$490.00Oct 3043.0049.00$46.0013.0%10.9122
$490.00Oct 2341.8048.90$45.3515.7%10.88--
$515.00Oct 2317.3024.90$21.1036.0%10.8372
$495.00Nov 641.8049.70$45.7517.3%10.82--
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$540.00Oct 308.9015.80$12.3555.9%10.58--
$545.00Nov 2022.5030.00$26.2528.6%20.56--
$540.00Nov 2020.0027.30$23.6530.9%20.52--

Most actively traded options today. High liquidity = easy entry/exit. 100 active (total vol 807, top 151)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$545.00Nov 2013.8021.00$17.4041.4%1510.44--
$530.00Nov 2021.5027.90$24.7025.9%390.5581
$530.00Nov 2725.2030.00$27.6017.4%380.5710
$530.00Oct 233.609.90$6.7593.3%260.62225
$535.00Oct 307.5013.00$10.2553.7%210.51--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Oct 230.100.20$0.1566.7%630.02196
$530.00Nov 611.7017.60$14.6540.3%350.44--
$530.00Nov 1313.1018.90$16.0036.2%350.44--
$510.00Nov 64.6011.40$8.0085.0%210.276
$510.00Nov 135.8013.10$9.4577.2%200.29--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 11 strikes (avg 61.5%, max 142.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$520.00Oct 23Nov 2086.8%35.8%142.0%17238
$517.50Oct 23Oct 3080.0%37.6%112.5%243
$515.00Oct 23Nov 681.4%41.1%97.9%272
$530.00Oct 23Nov 2755.2%33.0%67.3%64235
$540.00Oct 23Nov 2747.4%34.4%37.8%223
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$525.00Oct 23Oct 3070.0%35.6%96.4%1631
$530.00Oct 23Nov 2755.2%33.0%67.3%1029
$510.00Oct 30Nov 1342.6%37.8%12.7%23121
$520.00Oct 30Dec 435.3%33.3%6.1%656

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 57 found (best R:R 37.04, avg 3.35)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$560.00$595.00Oct 30$0.92$34.08$0.9217%37.04$560.92
$545.00$550.00Nov 20$0.60$4.40$0.6044%7.33$545.60
$540.00$545.00Nov 20$1.40$3.60$1.4048%2.57$541.40
$520.00$535.00Nov 6$8.20$6.80$8.2065%0.83$528.20
$510.00$525.00Nov 13$9.55$5.45$9.5571%0.57$519.55
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$530.00$500.00Nov 20$7.50$22.50$7.5045%3.00$522.50
$530.00$525.00Oct 30$0.65$4.35$0.6541%6.69$529.35
$530.00$520.00Nov 27$3.15$6.85$3.1543%2.17$526.85
$540.00$535.00Nov 20$1.85$3.15$1.8552%1.70$538.15
$520.00$510.00Nov 6$2.35$7.65$2.3535%3.26$517.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 43 found (best R:R 0.40, avg 0.66)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$540.00$600.00Nov 27$17.22$17.22$42.7850%0.40$557.22
$550.00$560.00Nov 20$5.30$5.30$4.7058%1.13$555.30
$540.00$550.00Oct 30$4.22$4.22$5.7858%0.73$544.22
$560.00$570.00Nov 20$3.90$3.90$6.1066%0.64$563.90
$555.00$560.00Oct 30$1.86$1.86$3.1475%0.59$556.86
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$507.50$500.00Oct 23$2.30$2.30$5.2084%0.44$505.20
$535.00$530.00Nov 20$4.10$4.10$0.9051%4.56$530.90
$510.00$497.50Oct 30$3.00$3.00$9.5078%0.32$507.00
$510.00$480.00Nov 13$6.17$6.17$23.8371%0.26$503.83
$480.00$475.00Nov 6$1.90$1.90$3.1086%0.61$478.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $6.96, cheapest $3.27)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$530.00Oct 23Oct 30$5.8555.2%31.1%
$540.00Oct 23Oct 30$4.2247.4%29.3%
$535.00Oct 23Oct 30$5.9844.4%31.6%
$525.00Oct 30Nov 13$9.6535.6%37.1%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$525.00Oct 23Oct 30$3.2770.0%35.6%
$530.00Oct 23Oct 30$3.6055.2%31.1%
$535.00Oct 30Nov 20$11.8031.6%35.4%
$540.00Oct 30Nov 20$11.3029.3%36.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 19 found (cheapest 1.99% of stock, avg 6.34%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$530.00Oct 23$6.75$3.90$10.65$519.35$540.651.99%
$540.00Oct 30$6.85$12.35$19.20$520.80$559.203.59%
$532.50Oct 30$11.20$8.85$20.05$512.45$552.553.75%
$530.00Oct 30$12.60$7.50$20.10$509.90$550.103.76%
$535.00Oct 30$10.25$10.00$20.25$514.75$555.253.78%
$525.00Oct 30$15.80$6.85$22.65$502.35$547.654.23%
$520.00Oct 30$19.60$5.07$24.67$495.33$544.674.61%
$515.00Oct 30$23.15$4.25$27.40$487.60$542.405.12%
$500.00Oct 23$35.10$0.15$35.25$464.75$535.256.59%
$520.00Nov 6$26.45$10.35$36.80$483.20$556.806.88%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 97 found (cheapest 0.75% of stock, avg 3.31%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$545.00$522.50Oct 23$1.55$2.45$4.00$518.50$549.00
$545.00$507.50Oct 23$1.55$2.45$4.00$503.50$549.00
$545.00$527.50Oct 23$1.55$2.45$4.00$523.50$549.00
$540.00$527.50Oct 23$2.63$2.45$5.08$522.42$545.08
$540.00$522.50Oct 23$2.63$2.45$5.08$517.42$545.08
$545.00$525.00Oct 23$1.55$3.58$5.13$519.87$550.13
$540.00$507.50Oct 23$2.63$2.45$5.08$502.42$545.08
$540.00$525.00Oct 23$2.63$3.58$6.21$518.79$546.21
$545.00$530.00Oct 23$1.55$3.90$5.45$524.55$550.45
$540.00$530.00Oct 23$2.63$3.90$6.53$523.47$546.53

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 25 found (best R:R 2.33, avg credit $3.88)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
490/500560/570Nov 20$7.00$3.0040%2.33$493.00$567.00
490/492555/560Oct 30$2.80$2.2064%1.27$489.70$557.80
490/500570/580Nov 20$5.60$4.4048%1.27$494.40$575.60
490/500580/590Nov 20$4.90$5.1054%0.96$495.10$584.90
490/500600/610Nov 20$4.07$5.9361%0.69$495.93$604.07
480/485540/545Oct 23$2.35$2.6556%0.89$482.65$542.35
490/500610/620Nov 20$3.65$6.3564%0.57$496.35$613.65
515/520555/560Oct 30$2.68$2.3247%1.16$517.32$557.68
500/508540/545Oct 23$3.38$4.1251%0.82$504.12$543.38
475/480555/565Nov 6$4.35$5.6552%0.77$475.65$559.35

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 20 found (best R:R 7.93, cheapest $0.25)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$535.00$540.00$545.00Oct 23$0.56$4.4427%7.93
$530.00$535.00$540.00Oct 23$0.84$4.1630%4.95
$545.00$550.00$555.00Nov 6$0.25$4.759%19.00
$570.00$580.00$590.00Nov 20$0.70$9.3012%13.29
$535.00$540.00$545.00Nov 6$0.35$4.658%13.29
PUTS (4)
LowMidHighExpiryDebitMax GainPOPR:R
$535.00$540.00$545.00Nov 20$0.75$4.257%5.67
$510.00$515.00$520.00Oct 30$0.79$4.217%5.33
$510.00$520.00$530.00Nov 6$1.95$8.0517%4.13
$520.00$522.50$525.00Oct 30$1.82$0.687%0.37

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 46 found (best net $-0.30, 35 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$490.00$515.001:2Oct 30-$0.30$24.70
$500.00$515.001:2Oct 23-$7.10$7.90
$560.00$595.001:2Oct 30-$0.33$34.67
$530.00$535.001:2Oct 23-$1.79$3.21
$535.00$540.001:2Oct 23-$0.99$4.01
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$530.00$500.001:2Nov 20-$2.70$27.30
$530.00$510.001:2Nov 13-$2.90$17.10
$490.00$470.001:2Nov 20-$1.70$18.30
$480.00$475.001:2Nov 6-$0.33$4.67
$522.50$507.501:2Oct 23-$2.45$12.55

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 21 found (best yield 3.57%, avg 1.32%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$540.00Nov 27$19.100.500.9%3.57%4.47%1--
$550.00Nov 20$14.600.412.8%2.73%5.50%1--
$540.00Nov 20$16.200.470.9%3.03%3.93%16339
$570.00Dec 4$7.400.316.5%1.38%7.89%1--
$545.00Nov 20$13.800.441.8%2.58%4.42%151--
$560.00Nov 20$7.800.344.6%1.46%6.10%12--
$555.00Nov 13$8.200.363.7%1.53%5.24%514
$540.00Nov 6$12.200.470.9%2.28%3.18%49
$545.00Nov 6$9.900.431.8%1.85%3.69%24
$570.00Nov 20$4.600.266.5%0.86%7.37%1124

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 877
Total Puts 476
Put/Call Ratio 0.54
Net Difference 401

Prior's Put/Call Breakdown

Total Calls 822
Total Puts 1,340
Put/Call Ratio 1.63
Net Difference -518

Prior 7-Day Put/Call Summary

Total Calls 8,010
Total Puts 5,823
Average Put/Call Ratio 0.92
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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