Tour v477
VRTX
VERTEX PHARMACEUTICA
$476.60 -1.06%
7/31 14:06

Option Volume

Detail
Current (07/31 2:05pm) 1,430
Calls: 843 (59%)
Puts: 587 (41%)
Prior (05/01) 1,946
Calls: 515 (26%)
Puts: 1,431 (74%)
Current vs Prior -26.52%
Calls: +63.69% (Calls)
Puts: -58.98% (Puts)
Prior 7-Day Total 1,946
Calls: 515 (26%)
Puts: 1,431 (74%)
Prior 7-Day Average 1,946
Calls: 73 (26%)
Puts: 204 (74%)
Current vs Prior 7-Day Avg -26.52%
Calls: +1045.83%
Puts: +187.14%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/31 2:05pm) $1.70M
Calls: $1.24M (73%)
Puts: $458.2K (27%)
Prior (05/01) $1.39M
Calls: $671.7K (48%)
Puts: $714.3K (52%)
Current vs Prior +22.62%
Calls: +84.79%
Puts: -35.85%
Prior 7-Day Total $1.39M
Calls: $671.7K (48%)
Puts: $714.3K (52%)
Prior 7-Day Average $1.39M
Calls: $96.0K (48%)
Puts: $102.0K (52%)
Current vs Prior 7-Day Avg +22.62%
Calls: +1193.54%
Puts: +349.07%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/31 2:05pm) 0.70
Prior (05/01) 2.78
Current vs Prior -74.94%
Prior 7-Day Average 2.78
Current vs Prior 7-Day Avg -74.94%
Sentiment BULLISH

Open Interest

Detail
Current (07/31 2:05pm) 51,913
Calls: 23,578 (45%)
Puts: 28,335 (55%)
Prior (05/01) 44,123
Calls: 23,659 (54%)
Puts: 20,464 (46%)
Current vs Prior +17.66%
Prior 7-Day Total 44,123
Calls: 23,659 (54%)
Puts: 20,464 (46%)
Prior 7-Day Average 44,123
Calls: 23,659 (54%)
Puts: 20,464 (46%)
Current vs Prior 7-Day Avg +17.66%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 1.45% | 5.99%8.37% | 12.09%
Prior 1.83% | 6.37%-- | --
Current vs Prior -20.86% | -5.96%-- | --
Prior 7-Day Avg 1.83% | 6.37%-- | --
Current vs 7-Day Avg -20.86% | -5.96%-- | --
Prior 7-Day Eod -- | ---- | --
Current vs 7-Day Eod -- | ---- | --
Sentiment BULLISH--

Relative Spread

Detail
Expiry | Next
Current 179.92% | 29.89%
Calls: 108.37% | 43.11%
Puts: 251.47% | 16.67%
Prior -- | --
Calls: -- | --
Puts: -- | --
Current vs Prior -- | --
Prior 7-Day Avg -- | --
Calls: -- | --
Puts: -- | --
Current vs 7-Day Avg -- | --
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 73% call dollar volume ($1.24M). Bullish P/C ratio of 0.70. P/C ratio dropping 75% - sentiment shifting bullish.

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 BEARISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 12 of results (avg 8.2%, best 6.2%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$385.00Jul 3187.7093.30$90.506.2%--0.9410
$390.00Jul 3182.7088.20$85.456.4%--0.9410
$475.00Sep 424.4026.20$25.307.1%70.53--
$485.00Sep 419.4021.10$20.258.4%--0.4720
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Aug 2173.2078.90$76.057.5%--0.8764
$480.00Aug 2119.7021.30$20.507.8%--0.51539
$470.00Aug 2817.6019.20$18.408.7%--0.4224
$480.00Aug 2821.9023.90$22.908.7%--0.4916
$530.00Aug 2155.4060.50$57.958.8%--0.8278

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. 49 found (avg delta 0.68, highest 0.94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$385.00Jul 3187.7093.30$90.506.2%--0.9410
$390.00Jul 3182.7088.20$85.456.4%--0.9410
$450.00Jul 3122.7029.50$26.1026.1%10.894
$455.00Jul 3117.7024.10$20.9030.6%--0.8870
$460.00Jul 3112.7018.50$15.6037.2%10.888
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$490.00Jul 3112.1017.40$14.7535.9%--0.9228
$550.00Aug 2173.2078.90$76.057.5%--0.8764
$500.00Jul 3121.9027.40$24.6522.3%10.821
$480.00Jul 312.254.60$3.4368.5%130.82129
$530.00Aug 2155.4060.50$57.958.8%--0.8278

Most actively traded options today. High liquidity = easy entry/exit. 76 active (total vol 735, top 85)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Aug 219.9011.40$10.6514.1%850.341.0K
$477.50Jul 310.101.95$1.02181.4%640.333
$480.00Jul 310.151.25$0.70157.1%620.20105
$485.00Jul 310.004.80$2.40200.0%560.2677
$467.50Aug 1417.5023.80$20.6530.5%310.61--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$440.00Aug 71.902.75$2.3336.5%200.1335
$425.00Aug 70.451.75$1.10118.2%170.0735
$460.00Jul 310.004.40$2.20200.0%150.2128
$460.00Aug 76.5012.00$9.2559.5%150.3219
$480.00Jul 312.254.60$3.4368.5%130.82129

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 47 strikes (avg 571.2%, max 1425.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$540.00Jul 31Aug 21651.8%42.7%1425.4%--393
$550.00Jul 31Aug 21716.3%50.2%1326.5%--444
$555.00Jul 31Aug 14747.5%57.2%1206.5%--33
$520.00Jul 31Aug 28513.4%41.6%1134.4%15111
$560.00Jul 31Aug 21658.9%54.1%1116.8%--40
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$390.00Jul 31Aug 21911.2%59.9%1421.0%--62
$425.00Jul 31Aug 21588.6%45.4%1195.6%344
$430.00Jul 31Aug 28542.4%43.6%1142.9%--41
$420.00Jul 31Aug 28508.8%44.6%1040.6%--35
$405.00Jul 31Aug 14772.6%68.2%1033.0%--46

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 83 found (best R:R 49.00, avg 4.64)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$497.50$500.00Aug 7$0.15$2.35$0.1515.67$497.65
$510.00$515.00Aug 7$0.32$4.68$0.3214.63$510.32
$520.00$530.00Aug 21$0.82$9.18$0.8211.20$520.82
$505.00$510.00Aug 14$0.45$4.55$0.4510.11$505.45
$530.00$555.00Aug 14$2.58$22.42$2.588.69$532.58
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$425.00$420.00Aug 7$0.10$4.90$0.1049.00$424.90
$405.00$385.00Aug 14$0.88$19.12$0.8821.73$404.12
$420.00$395.00Aug 28$1.85$23.15$1.8512.51$418.15
$410.00$400.00Aug 7$0.82$9.18$0.8211.20$409.18
$415.00$400.00Aug 21$1.30$13.70$1.3010.54$413.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 107 found (best R:R 99.00, avg 3.80)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$390.00$450.00Jul 31$59.35$59.35$0.6591.31$449.35
$460.00$470.00Jul 31$9.80$9.80$0.2049.00$469.80
$507.50$510.00Jul 31$2.37$2.37$0.1318.23$509.87
$470.00$472.50Jul 31$2.35$2.35$0.1515.67$472.35
$470.00$475.00Aug 7$4.65$4.65$0.3513.29$474.65
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$500.00$490.00Jul 31$9.90$9.90$0.1099.00$490.10
$485.00$480.00Aug 7$4.60$4.60$0.4011.50$480.40
$550.00$530.00Aug 21$18.10$18.10$1.909.53$531.90
$500.00$490.00Aug 7$8.50$8.50$1.505.67$491.50
$505.00$500.00Aug 7$4.25$4.25$0.755.67$500.75

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 39 found (avg debit $6.51, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$560.00Jul 31Aug 7$0.05658.9%71.7%
$540.00Jul 31Aug 7$0.63651.8%74.5%
$515.00Jul 31Aug 7$0.93476.4%55.6%
$505.00Jul 31Aug 7$1.85398.4%51.0%
$500.00Jul 31Aug 7$2.60357.2%49.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$445.00Jul 31Aug 7$0.53401.2%51.9%
$405.00Jul 31Aug 14$0.73772.6%68.2%
$410.00Aug 7Aug 14$1.4068.6%59.8%
$450.00Jul 31Aug 7$1.80352.6%53.4%
$400.00Aug 7Aug 21$2.2257.9%54.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 41 found (cheapest 0.87% of stock, avg 6.99%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$480.00Jul 31$0.70$3.43$4.13$475.87$484.130.87%
$472.50Jul 31$3.45$2.40$5.85$466.65$478.351.23%
$477.50Jul 31$1.02$4.83$5.85$471.65$483.351.23%
$475.00Jul 31$2.08$4.18$6.26$468.74$481.261.31%
$470.00Jul 31$5.80$2.10$7.90$462.10$477.901.66%
$482.50Jul 31$2.40$7.15$9.55$472.95$492.052.00%
$485.00Jul 31$2.40$8.65$11.05$473.95$496.052.32%
$487.50Jul 31$2.40$12.10$14.50$473.00$502.003.04%
$490.00Jul 31$0.35$14.75$15.10$474.90$505.103.17%
$460.00Jul 31$15.60$2.20$17.80$442.20$477.803.73%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 112 found (cheapest 0.40% of stock, avg 3.98%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$480.00$465.00Jul 31$0.70$1.20$1.90$463.10$481.90
$477.50$465.00Jul 31$1.02$1.20$2.22$462.78$479.72
$480.00$470.00Jul 31$0.70$2.10$2.80$467.20$482.80
$480.00$460.00Jul 31$0.70$2.20$2.90$457.10$482.90
$477.50$470.00Jul 31$1.02$2.10$3.12$466.88$480.62
$480.00$472.50Jul 31$0.70$2.40$3.10$469.40$483.10
$480.00$455.00Jul 31$0.70$2.40$3.10$451.90$483.10
$477.50$460.00Jul 31$1.02$2.20$3.22$456.78$480.72
$477.50$472.50Jul 31$1.02$2.40$3.42$469.08$480.92
$477.50$455.00Jul 31$1.02$2.40$3.42$451.58$480.92

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 243 found (best R:R 49.00, avg credit $4.41)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
455/460478/480Aug 7$4.90$0.1049.00$455.10$482.40
420/425470/475Aug 7$4.75$0.2519.00$420.25$474.75
465/470495/498Aug 7$4.75$0.2519.00$465.25$499.75
430/440450/460Aug 21$9.45$0.5517.18$430.55$459.45
470/472488/490Jul 31$2.35$0.1515.67$470.15$489.85
460/470495/505Aug 14$9.40$0.6015.67$460.60$504.40
425/430460/470Aug 7$9.38$0.6215.13$420.62$469.38
425/430500/505Aug 7$4.63$0.3712.51$425.37$504.63
410/415490/495Aug 14$4.63$0.3712.51$410.37$494.63
440/445480/485Aug 7$4.60$0.4011.50$440.40$484.60

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 37 found (best R:R 49.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$500.00$505.00$510.00Aug 7$0.15$4.8532.33
$505.00$510.00$515.00Aug 7$0.28$4.7216.86
$510.00$515.00$520.00Aug 21$0.30$4.7015.67
$472.50$475.00$477.50Jul 31$0.31$2.197.06
$475.00$477.50$480.00Jul 31$0.74$1.762.38
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$460.00$465.00$470.00Aug 28$0.10$4.9049.00
$490.00$500.00$510.00Aug 21$0.55$9.4517.18
$510.00$530.00$550.00Aug 21$1.55$18.4511.90
$480.00$485.00$490.00Aug 14$0.55$4.458.09
$440.00$445.00$450.00Aug 7$0.67$4.336.46

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 94 found (best net $-0.95, 76 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$470.00$500.001:2Aug 28-$0.95$29.05
$500.00$520.001:2Aug 28-$1.00$19.00
$520.00$540.001:2Aug 7-$3.66$16.34
$510.00$530.001:2Aug 14-$5.01$14.99
$530.00$540.001:2Aug 21-$0.47$9.53
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$420.00$395.001:2Aug 28-$0.55$24.45
$405.00$385.001:2Aug 14-$1.37$18.63
$415.00$400.001:2Aug 21-$1.10$13.90
$440.00$425.001:2Aug 14-$1.56$13.44
$405.00$390.001:2Jul 31-$2.40$12.60

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 34 found (best yield 4.07%, avg 1.29%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$485.00Sep 4$19.400.471.8%4.07%5.83%--20
$480.00Aug 21$17.800.490.7%3.73%4.45%--61
$485.00Sep 11$17.000.471.8%3.57%5.33%--20
$490.00Aug 21$13.400.412.8%2.81%5.62%--58
$477.50Aug 7$13.200.510.2%2.77%2.96%5--
$480.00Aug 7$12.100.490.7%2.54%3.25%--23
$500.00Aug 28$12.100.384.9%2.54%7.45%22
$480.00Aug 14$11.300.490.7%2.37%3.08%2019
$485.00Aug 14$9.900.441.8%2.08%3.84%204
$500.00Aug 21$9.900.344.9%2.08%6.99%851.0K

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 843
Total Puts 587
Put/Call Ratio 0.70
Net Difference 256

Prior's Put/Call Breakdown

Total Calls 515
Total Puts 1,431
Put/Call Ratio 2.78
Net Difference -916

Prior 7-Day Put/Call Summary

Total Calls 515
Total Puts 1,431
Average Put/Call Ratio 2.78
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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