Tour v531
VRTX
VERTEX PHARMACEUTICA
$517.49 -1.23%
$517.00 (-0.09%)🌙
as of 10/26 07:02 PM
◀ 10/26 19:02 ▶

Option Volume

Detail
ℹ
Current (10/26) 1,439
Calls: 394 (27%)
Puts: 1,045 (73%)
Prior (10/23) 1,635
Calls: 685 (42%)
Puts: 950 (58%)
Current vs Prior -11.99%
Calls: -42.48% (Calls)
Puts: +10.00% (Puts)
Prior 7-Day Total 11,308
Calls: 5,765 (51%)
Puts: 5,543 (49%)
Prior 7-Day Average 1,615
Calls: 823 (51%)
Puts: 791 (49%)
Current vs Prior 7-Day Avg -10.92%
Calls: -52.16%
Puts: +31.97%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (10/26) $1.90M
Calls: $949.8K (50%)
Puts: $951.6K (50%)
Prior (10/23) $4.16M
Calls: $2.65M (64%)
Puts: $1.50M (36%)
Current vs Prior -54.26%
Calls: -64.19%
Puts: -36.73%
Prior 7-Day Total $21.10M
Calls: $14.71M (70%)
Puts: $6.39M (30%)
Prior 7-Day Average $3.01M
Calls: $2.10M (70%)
Puts: $912.5K (30%)
Current vs Prior 7-Day Avg -36.91%
Calls: -54.80%
Puts: +4.28%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (10/26) 2.65
Prior (10/23) 1.39
Current vs Prior +91.24%
Prior 7-Day Average 1.00
Current vs Prior 7-Day Avg +163.99%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (10/26) 8,058
Calls: 2,794 (35%)
Puts: 5,264 (65%)
Prior (10/23) 8,385
Calls: 5,033 (60%)
Puts: 3,352 (40%)
Current vs Prior -3.90%
Prior 7-Day Total 57,827
Calls: 35,428 (61%)
Puts: 22,399 (39%)
Prior 7-Day Average 8,261
Calls: 5,061 (61%)
Puts: 3,199 (39%)
Current vs Prior 7-Day Avg -2.46%
Sentiment BULLISH

Expected Move

Detail
ℹ
Expiry (10/30) | Next (11/06)Expiry (11/20) | Next (12/18)
Current 3.33% | 6.41%7.83% | 11.20%
Prior 3.66% | 6.76%8.34% | 11.80%
Current vs Prior -8.80% | -5.19%-6.17% | -5.14%
Prior 7-Day Avg 2.81% | 4.51%7.62% | 11.18%
Current vs 7-Day Avg +18.75% | +41.98%+2.77% | +0.15%
Prior 7-Day Eod 3.66% | 6.76%8.34% | 11.80%
Current vs 7-Day Eod -8.80% | -5.19%-6.17% | -5.14%
Sentiment BULLISHBULLISH

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

Light premium activity with dollar volume down 54% vs prior. Extreme bearish P/C ratio of 2.65 - heavy put buying. P/C ratio rising 91% - increased hedging/bearish positioning. Put-heavy open interest (5,264 puts vs 2,794 calls) suggests hedging or bearish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
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. 22 found (avg delta 0.60, highest 0.83)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Oct 3016.3024.20$20.2539.0%20.77--
$505.00Oct 3012.3020.20$16.2548.6%10.72--
$500.00Nov 2027.0034.30$30.6523.8%10.66--
$510.00Oct 308.7016.60$12.6562.5%10.65--
$512.50Oct 307.0015.00$11.0072.7%10.61--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$540.00Oct 3019.4027.60$23.5034.9%10.83--
$540.00Nov 2028.0035.60$31.8023.9%10.659
$540.00Nov 2728.8036.80$32.8024.4%10.641
$535.00Nov 2024.7032.30$28.5026.7%10.61--
$530.00Nov 618.0025.90$21.9536.0%10.61--

Most actively traded options today. High liquidity = easy entry/exit. 82 active (total vol 611, top 190)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$515.00Oct 305.5013.60$9.5584.8%1030.5637
$550.00Oct 300.004.40$2.20200.0%390.1587
$545.00Oct 300.004.40$2.20200.0%110.1629
$540.00Nov 209.3014.40$11.8543.0%110.36346
$525.00Oct 303.006.60$4.8075.0%100.3735
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$487.50Oct 300.004.90$2.45200.0%1900.151
$492.50Oct 300.057.30$3.68197.0%360.2020
$475.00Oct 300.004.90$2.45200.0%150.1222
$495.00Oct 300.504.20$2.35157.4%100.1762
$505.00Nov 138.9015.80$12.3555.9%100.3716

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 21.7%, max 35.9%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$530.00Oct 30Dec 445.2%35.7%26.8%6177
$545.00Oct 30Nov 1349.1%38.9%26.4%1229
$540.00Oct 30Nov 2044.0%38.2%15.0%14346
$515.00Oct 30Nov 2039.4%35.5%11.0%10437
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$500.00Oct 30Nov 2049.1%36.1%35.9%15629
$510.00Oct 30Nov 2741.9%33.1%26.6%10122
$505.00Oct 30Nov 1343.7%39.7%10.2%1116

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 59 found (best R:R 21.22, avg 4.60)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$550.00$560.00Nov 20$0.45$9.55$0.4526%21.22$550.45
$570.00$595.00Nov 13$1.40$23.60$1.4017%16.86$571.40
$535.00$540.00Nov 6$0.40$4.60$0.4035%11.50$535.40
$520.00$540.00Nov 20$7.15$12.85$7.1550%1.80$527.15
$555.00$570.00Nov 13$1.65$13.35$1.6523%8.09$556.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$490.00$455.00Nov 6$2.67$32.33$2.6723%12.11$487.33
$505.00$500.00Oct 30$0.45$4.55$0.4528%10.11$504.55
$520.00$515.00Oct 30$1.90$3.10$1.9054%1.63$518.10
$490.00$480.00Nov 27$1.90$8.10$1.9028%4.26$488.10
$510.00$505.00Nov 13$1.50$3.50$1.5042%2.33$508.50

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 44 found (best R:R 1.00, avg 0.64)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$540.00$550.00Nov 20$5.00$5.00$5.0064%1.00$545.00
$545.00$550.00Nov 6$2.55$2.55$2.4573%1.04$547.55
$530.00$532.50Oct 30$1.92$1.92$0.5868%3.31$531.92
$525.00$545.00Nov 13$7.50$7.50$12.5054%0.60$532.50
$540.00$545.00Nov 6$1.80$1.80$3.2068%0.56$541.80
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$492.50$490.00Oct 30$2.20$2.20$0.3080%7.33$490.30
$500.00$455.00Nov 13$7.58$7.58$37.4267%0.20$492.42
$450.00$435.00Nov 6$1.45$1.45$13.5592%0.11$448.55
$485.00$480.00Oct 30$1.12$1.12$3.8888%0.29$483.88
$510.00$490.00Nov 27$7.45$7.45$12.5557%0.59$502.55

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $8.90, cheapest $13.65)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$530.00Oct 30Dec 4$13.6545.2%35.7%
$510.00Oct 30Dec 4$16.1541.9%33.2%
$520.00Nov 6Nov 13$2.8543.5%40.6%
$515.00Oct 30Nov 6$8.1039.4%42.9%
$525.00Oct 30Nov 6$7.6036.7%43.7%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$510.00Oct 30Nov 13$8.3541.9%38.2%
$515.00Oct 30Nov 6$6.8539.4%42.9%
$520.00Oct 30Nov 6$7.6537.4%43.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 11 found (cheapest 3.21% of stock, avg 5.63%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$515.00Oct 30$9.55$7.05$16.60$498.40$531.603.21%
$510.00Oct 30$12.65$5.50$18.15$491.85$528.153.51%
$505.00Oct 30$16.25$4.18$20.43$484.57$525.433.95%
$500.00Oct 30$20.25$3.73$23.98$476.02$523.984.63%
$540.00Oct 30$2.30$23.50$25.80$514.20$565.804.99%
$520.00Nov 6$14.55$16.60$31.15$488.85$551.156.02%
$525.00Nov 6$12.40$18.95$31.35$493.65$556.356.06%
$515.00Nov 6$17.65$13.90$31.55$483.45$546.556.10%
$520.00Nov 13$17.40$18.35$35.75$484.25$555.756.91%
$500.00Nov 20$30.65$11.50$42.15$457.85$542.158.15%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 89 found (cheapest 1.16% of stock, avg 3.15%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$540.00$492.50Oct 30$2.30$3.68$5.98$486.52$545.98
$545.00$492.50Oct 30$2.20$3.68$5.88$486.62$550.88
$540.00$500.00Oct 30$2.30$3.73$6.03$493.97$546.03
$545.00$500.00Oct 30$2.20$3.73$5.93$494.07$550.93
$532.50$500.00Oct 30$2.93$3.73$6.66$493.34$539.16
$532.50$492.50Oct 30$2.93$3.68$6.61$485.89$539.11
$540.00$505.00Oct 30$2.30$4.18$6.48$498.52$546.48
$545.00$505.00Oct 30$2.20$4.18$6.38$498.62$551.38
$532.50$505.00Oct 30$2.93$4.18$7.11$497.89$539.61
$555.00$450.00Nov 13$6.05$1.70$7.75$442.25$562.75

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 42 found (best R:R 2.09, avg credit $3.02)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
450/455545/550Nov 6$3.38$1.6262%2.09$451.62$548.38
490/492555/560Oct 30$2.90$2.1068%1.38$489.60$557.90
480/485530/532Oct 30$3.04$1.9657%1.55$481.96$533.04
490/492550/555Oct 30$2.60$2.4065%1.08$489.90$552.60
480/485555/560Oct 30$1.82$3.1876%0.57$483.18$556.82
495/500530/532Oct 30$3.30$1.7044%1.94$496.70$533.30
450/455540/545Nov 6$2.63$2.3757%1.11$452.37$542.63
495/500555/560Oct 30$2.08$2.9264%0.71$497.92$557.08
480/485550/555Oct 30$1.52$3.4874%0.44$483.48$551.52
485/488555/560Oct 30$1.50$3.5073%0.43$486.00$556.50

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 15 found (best R:R 20.74, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$540.00$545.00$550.00Oct 30$0.10$4.904%49.00
$515.00$520.00$525.00Nov 13$0.30$4.709%15.67
$500.00$505.00$510.00Oct 30$0.40$4.6012%11.50
$510.00$512.50$515.00Oct 30$0.20$2.308%11.50
$545.00$550.00$555.00Nov 13$0.25$4.756%19.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$505.00$510.00$515.00Oct 30$0.23$4.7716%20.74
$510.00$515.00$520.00Oct 30$0.35$4.6518%13.29
$490.00$500.00$510.00Nov 20$0.80$9.2015%11.50
$520.00$525.00$530.00Nov 6$0.65$4.3510%6.69
$500.00$505.00$510.00Oct 30$0.87$4.1312%4.75

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 $-0.80, 37 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$525.00$545.001:2Nov 13-$0.20$19.80
$515.00$525.001:2Oct 30-$0.05$9.95
$520.00$540.001:2Nov 20-$4.70$15.30
$530.00$550.001:2Dec 4-$4.10$15.90
$510.00$530.001:2Dec 4-$8.20$11.80
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$540.00$510.001:2Nov 27-$0.80$29.20
$535.00$510.001:2Nov 20-$2.60$22.40
$510.00$490.001:2Nov 27-$1.90$18.10
$490.00$455.001:2Nov 6-$0.36$34.64
$505.00$490.001:2Nov 6-$1.10$13.90

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 26 found (best yield 2.90%, avg 1.22%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$530.00Dec 4$15.000.442.4%2.90%5.32%1--
$517.50Nov 20$19.000.520.0%3.67%3.67%1--
$550.00Dec 4$7.200.326.3%1.39%7.67%1--
$540.00Nov 20$9.300.364.3%1.80%6.15%11346
$520.00Nov 20$15.000.500.5%2.90%3.38%1--
$525.00Nov 13$12.000.461.4%2.32%3.77%1--
$520.00Nov 13$13.700.500.5%2.65%3.13%42
$545.00Nov 13$5.300.295.3%1.02%6.34%1--
$550.00Nov 20$4.700.266.3%0.91%7.19%2--
$560.00Nov 20$3.300.238.2%0.64%8.85%353

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 394
Total Puts 1,045
Put/Call Ratio 2.65
Net Difference -651

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 5,765
Total Puts 5,543
Average Put/Call Ratio 1.00
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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