Tour v531
VRTX
VERTEX PHARMACEUTICA
$523.93 -2.10%
$524.25 (+0.06%)🌙
as of 10/23 07:01 PM
◀ 10/23 19:01 ▶

Option Volume

Detail
ℹ
Current (10/23) 1,635
Calls: 685 (42%)
Puts: 950 (58%)
Prior (10/22) 1,353
Calls: 877 (65%)
Puts: 476 (35%)
Current vs Prior +20.84%
Calls: -21.89% (Calls)
Puts: +99.58% (Puts)
Prior 7-Day Total 13,451
Calls: 8,035 (60%)
Puts: 5,416 (40%)
Prior 7-Day Average 1,921
Calls: 1,147 (60%)
Puts: 773 (40%)
Current vs Prior 7-Day Avg -14.91%
Calls: -40.32%
Puts: +22.78%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (10/23) $4.16M
Calls: $2.65M (64%)
Puts: $1.50M (36%)
Prior (10/22) $3.44M
Calls: $2.73M (79%)
Puts: $709.9K (21%)
Current vs Prior +20.98%
Calls: -2.68%
Puts: +111.86%
Prior 7-Day Total $21.78M
Calls: $15.29M (70%)
Puts: $6.49M (30%)
Prior 7-Day Average $3.11M
Calls: $2.18M (70%)
Puts: $927.6K (30%)
Current vs Prior 7-Day Avg +33.56%
Calls: +21.43%
Puts: +62.13%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (10/23) 1.39
Prior (10/22) 0.54
Current vs Prior +155.52%
Prior 7-Day Average 0.85
Current vs Prior 7-Day Avg +63.87%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (10/23) 8,385
Calls: 5,033 (60%)
Puts: 3,352 (40%)
Prior (10/22) 10,157
Calls: 6,920 (68%)
Puts: 3,237 (32%)
Current vs Prior -17.45%
Prior 7-Day Total 58,557
Calls: 35,603 (61%)
Puts: 22,954 (39%)
Prior 7-Day Average 8,365
Calls: 5,086 (61%)
Puts: 3,279 (39%)
Current vs Prior 7-Day Avg +0.24%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (10/23) | Next (10/30)Expiry (11/20) | Next (12/18)
Current 1.06% | 3.66%8.34% | 11.80%
Prior 2.22% | 3.96%8.59% | 11.05%
Current vs Prior +64.79% | +70.56%-2.86% | +6.81%
Prior 7-Day Avg 2.64% | 4.10%6.78% | 10.88%
Current vs 7-Day Avg +38.35% | +64.62%+23.00% | +8.47%
Prior 7-Day Eod 2.22% | 3.96%8.59% | 11.05%
Current vs 7-Day Eod +64.79% | +70.56%-2.86% | +6.81%
Sentiment BEARISHBULLISH

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

Moderately bullish flow with 64% call dollar volume ($2.65M). Bearish P/C ratio of 1.39 indicates protective positioning. P/C ratio rising 156% - increased hedging/bearish positioning. Call-heavy open interest (5,033 calls vs 3,352 puts) suggests bullish positioning.

Smart Money BULLISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
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 1 of results (avg 6.3%, best 6.3%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Nov 2777.2082.20$79.706.3%20.91--
PUTS (0)
No puts meet the criteria

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. 36 found (avg delta 0.65, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Oct 2322.4027.40$24.9020.1%10.99--
$450.00Nov 2777.2082.20$79.706.3%20.91--
$495.00Oct 2327.4032.40$29.9016.7%20.85--
$512.50Oct 239.7014.70$12.2041.0%60.77--
$490.00Nov 2041.7046.70$44.2011.3%20.774
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$527.50Oct 230.805.70$3.25150.8%70.702
$530.00Oct 233.207.00$5.1074.5%110.6822
$550.00Nov 2032.7037.70$35.2014.2%240.66--
$550.00Nov 2733.6038.60$36.1013.9%240.65--
$530.00Oct 308.9013.90$11.4043.9%20.6024

Most actively traded options today. High liquidity = easy entry/exit. 89 active (total vol 928, top 244)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$540.00Oct 301.606.30$3.95119.0%340.2854
$530.00Oct 230.004.90$2.45200.0%330.34224
$525.00Oct 230.504.60$2.55160.8%230.5259
$525.00Nov 2019.5024.50$22.0022.7%210.525
$540.00Oct 230.000.20$0.10200.0%140.0324
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$520.00Oct 304.209.10$6.6573.7%2440.4057
$500.00Dec 411.0016.00$13.5037.0%1500.32--
$485.00Nov 62.007.00$4.50111.1%460.176
$485.00Nov 204.009.00$6.5076.9%250.20--
$550.00Nov 2032.7037.70$35.2014.2%240.66--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 628.3%, max 982.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$515.00Oct 23Nov 13400.7%37.0%982.4%1272
$535.00Oct 23Nov 20384.4%37.6%921.8%722
$520.00Oct 23Oct 30244.7%31.7%671.1%6340
$530.00Oct 23Nov 20279.0%37.8%639.0%41313
$522.50Oct 23Oct 30201.8%31.9%532.1%464
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$530.00Oct 23Nov 27279.0%36.5%663.8%1222

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 55 found (best R:R 0.69, avg 2.79)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$500.00$515.00Nov 6$8.90$6.10$8.9073%0.69$508.90
$500.00$525.00Nov 20$14.90$10.10$14.9071%0.68$514.90
$520.00$522.50Oct 30$0.65$1.85$0.6560%2.85$520.65
$525.00$530.00Nov 6$1.75$3.25$1.7552%1.86$526.75
$522.50$525.00Oct 23$0.70$1.80$0.7064%2.57$523.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$525.00$507.50Oct 23$1.65$15.85$1.6551%9.61$523.35
$535.00$527.50Nov 20$3.30$4.20$3.3055%1.27$531.70
$527.50$525.00Oct 23$0.92$1.58$0.9270%1.72$526.58
$515.00$512.50Oct 30$0.23$2.27$0.2331%9.87$514.77
$540.00$530.00Nov 27$5.00$5.00$5.0058%1.00$535.00

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 34 found (best R:R 0.09, avg 0.69)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$525.00$530.00Oct 30$4.40$4.40$0.6048%7.33$529.40
$535.00$540.00Oct 23$2.35$2.35$2.6573%0.89$537.35
$540.00$550.00Nov 6$3.60$3.60$6.4062%0.56$543.60
$545.00$550.00Nov 20$2.10$2.10$2.9062%0.72$547.10
$530.00$540.00Nov 6$4.50$4.50$5.5053%0.82$534.50
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$480.00$435.00Nov 6$3.62$3.62$41.3885%0.09$476.38
$520.00$500.00Nov 20$8.95$8.95$11.0556%0.81$511.05
$520.00$480.00Nov 27$12.70$12.70$27.3056%0.47$507.30
$495.00$492.50Nov 6$1.30$1.30$1.2076%1.08$493.70
$520.00$500.00Dec 4$8.10$8.10$11.9055%0.68$511.90

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 9 found (avg debit $6.90, cheapest $2.55)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$530.00Oct 23Oct 30$2.55279.0%24.4%
$522.50Oct 23Oct 30$7.30201.8%31.9%
$525.00Oct 23Oct 30$6.85150.4%30.5%
$527.50Oct 23Nov 20$19.27147.5%37.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$530.00Oct 23Oct 30$6.30279.0%24.4%
$525.00Oct 23Oct 30$6.27150.4%30.5%
$550.00Nov 20Nov 27$0.9037.2%34.5%
$540.00Nov 20Nov 27$0.8037.2%36.2%
$520.00Oct 30Nov 20$11.8531.7%36.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 15 found (cheapest 0.88% of stock, avg 4.86%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$527.50Oct 23$1.38$3.25$4.63$522.87$532.130.88%
$525.00Oct 23$2.55$2.33$4.88$520.12$529.880.93%
$530.00Oct 23$2.45$5.10$7.55$522.45$537.551.44%
$530.00Oct 30$5.00$11.40$16.40$513.60$546.403.13%
$520.00Oct 30$11.20$6.65$17.85$502.15$537.853.41%
$525.00Oct 30$9.40$8.60$18.00$507.00$543.003.44%
$522.50Oct 30$10.55$7.80$18.35$504.15$540.853.50%
$515.00Oct 30$14.90$4.53$19.43$495.57$534.433.71%
$500.00Oct 23$24.90$0.05$24.95$475.05$524.954.76%
$525.00Nov 6$17.55$16.75$34.30$490.70$559.306.55%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 80 found (cheapest 0.39% of stock, avg 3.42%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$527.50$507.50Oct 23$1.38$0.68$2.06$505.44$529.56
$535.00$507.50Oct 23$2.45$0.68$3.13$504.37$538.13
$530.00$507.50Oct 23$2.45$0.68$3.13$504.37$533.13
$527.50$505.00Oct 23$1.38$2.45$3.83$501.17$531.33
$527.50$502.50Oct 23$1.38$2.45$3.83$498.67$531.33
$535.00$505.00Oct 23$2.45$2.45$4.90$500.10$539.90
$535.00$502.50Oct 23$2.45$2.45$4.90$497.60$539.90
$530.00$505.00Oct 23$2.45$2.45$4.90$500.10$534.90
$530.00$502.50Oct 23$2.45$2.45$4.90$497.60$534.90
$545.00$512.50Oct 30$3.10$4.30$7.40$505.10$552.40

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 16 found (best R:R 19.00, avg credit $4.55)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
500/502535/540Oct 23$4.75$0.2556%19.00$497.75$539.75
490/498540/545Oct 30$1.85$5.6558%0.33$495.65$541.85
490/498535/540Oct 30$2.35$5.1551%0.46$495.15$537.35
492/495550/560Nov 6$3.70$6.3046%0.59$491.30$553.70
480/485550/560Nov 6$3.00$7.0053%0.43$482.00$553.00
512/515535/540Oct 30$1.58$3.4234%0.46$513.42$536.58
485/492550/560Nov 6$3.30$6.7049%0.49$489.20$553.30
512/515540/545Oct 30$1.08$3.9241%0.28$513.92$541.08
495/510550/560Nov 6$6.10$8.9036%0.69$503.90$556.10
498/512540/545Oct 30$3.25$11.7544%0.28$509.25$543.25

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 14 found (best R:R 99.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$530.00$540.00$550.00Nov 6$0.90$9.1018%10.11
$525.00$527.50$530.00Nov 20$0.20$2.304%11.50
$535.00$540.00$545.00Oct 30$0.50$4.5013%9.00
$540.00$550.00$560.00Nov 6$1.20$8.8016%7.33
$520.00$522.50$525.00Oct 23$1.30$1.2019%0.92
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$520.00$530.00$540.00Nov 27$0.10$9.9014%99.00
$460.00$470.00$480.00Nov 20$0.54$9.467%17.52
$495.00$510.00$525.00Nov 6$2.65$12.3525%4.66
$525.00$527.50$530.00Oct 23$0.93$1.5718%1.69
$530.00$540.00$550.00Nov 27$1.60$8.4014%5.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 41 found (best net $-10.30, 31 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$450.00$490.001:2Nov 27-$10.30$29.70
$500.00$525.001:2Nov 20-$7.10$17.90
$525.00$530.001:2Oct 30-$0.60$4.40
$525.00$527.501:2Oct 23-$0.21$2.29
$520.00$522.501:2Oct 23-$1.25$1.25
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$520.00$500.001:2Nov 20-$0.60$19.40
$500.00$480.001:2Nov 13-$1.00$19.00
$525.00$510.001:2Nov 6-$4.05$10.95
$520.00$500.001:2Dec 4-$5.40$14.60
$510.00$495.001:2Nov 6-$3.00$12.00

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 20 found (best yield 3.72%, avg 1.71%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$525.00Nov 20$19.500.520.2%3.72%3.93%215
$527.50Nov 20$18.300.500.7%3.49%4.17%6--
$530.00Nov 20$17.000.481.2%3.24%4.40%889
$535.00Nov 20$14.800.452.1%2.82%4.94%211
$545.00Nov 20$11.300.384.0%2.16%6.18%10--
$550.00Nov 20$9.300.345.0%1.78%6.75%134
$530.00Nov 13$15.100.481.2%2.88%4.04%1--
$540.00Nov 13$10.900.403.1%2.08%5.15%1--
$530.00Nov 6$13.500.471.2%2.58%3.74%3--
$525.00Nov 6$15.100.520.2%2.88%3.09%2--

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 685
Total Puts 950
Put/Call Ratio 1.39
Net Difference -265

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 8,035
Total Puts 5,416
Average Put/Call Ratio 0.85
Ratio Trend Rising

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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