NEW Tour v246
VRTX
VERTEX PHARMACEUTICA
$496.73 -0.58%
$495.10 (-0.33%)🌙
as of 06/30 07:02 PM
6/30 19:03

Option Volume

Detail
Current (06/30) 1,246
Calls: 422 (34%)
Puts: 824 (66%)
Prior (06/29) 1,301
Calls: 812 (62%)
Puts: 489 (38%)
Current vs Prior -4.23%
Calls: -48.03% (Calls)
Puts: +68.51% (Puts)
Prior 7-Day Total 19,979
Calls: 11,238 (56%)
Puts: 8,741 (44%)
Prior 7-Day Average 2,854
Calls: 1,605 (56%)
Puts: 1,248 (44%)
Current vs Prior 7-Day Avg -56.34%
Calls: -73.71%
Puts: -34.01%
Sentiment BEARISH

Dollar Volume

Detail
Current (06/30) $1.48M
Calls: $808.8K (55%)
Puts: $670.6K (45%)
Prior (06/29) $2.12M
Calls: $1.92M (91%)
Puts: $196.8K (9%)
Current vs Prior -30.22%
Calls: -57.95%
Puts: +240.70%
Prior 7-Day Total $21.53M
Calls: $17.37M (81%)
Puts: $4.16M (19%)
Prior 7-Day Average $3.08M
Calls: $2.48M (81%)
Puts: $594.0K (19%)
Current vs Prior 7-Day Avg -51.90%
Calls: -67.41%
Puts: +12.89%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (06/30) 1.95
Prior (06/29) 0.60
Current vs Prior +224.24%
Prior 7-Day Average 0.76
Current vs Prior 7-Day Avg +156.21%
Sentiment BEARISH

Open Interest

Detail
Current (06/30) 6,385
Calls: 5,321 (83%)
Puts: 1,064 (17%)
Prior (06/29) 6,583
Calls: 4,069 (62%)
Puts: 2,514 (38%)
Current vs Prior -3.01%
Prior 7-Day Total 53,552
Calls: 35,753 (67%)
Puts: 17,799 (33%)
Prior 7-Day Average 7,650
Calls: 5,107 (67%)
Puts: 2,542 (33%)
Current vs Prior 7-Day Avg -16.54%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 3.80% | 4.93%3.80% | 4.93%4.93% | 10.60%
Prior 1.85% | 3.80%-- | ---- | --
Current vs Prior +4.73% | +0.06%-- | ---- | --
Prior 7-Day Avg 2.65% | 3.96%-- | ---- | --
Current vs 7-Day Avg -27.03% | -4.02%-- | ---- | --
Prior 7-Day Eod 1.85% | 3.80%-- | ---- | --
Current vs 7-Day Eod +4.73% | +0.06%-- | ---- | --
Sentiment BEARISH----

Relative Spread

Detail
Expiry | Next
Current 125.66% | 9.21%
Calls: 67.80% | 10.00%
Puts: 183.51% | 8.43%
Prior 125.66% | 9.21%
Calls: 67.80% | 10.00%
Puts: 183.51% | 8.43%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 86.47% | 48.77%
Calls: 78.58% | 44.78%
Puts: 94.35% | 52.76%
Current vs 7-Day Avg +45.32% | -81.11%
Liquidity Expensive
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🤖 AI Insights

Extreme bearish P/C ratio of 1.95 - heavy put buying. P/C ratio rising 224% - increased hedging/bearish positioning. Call-heavy open interest (5,321 calls vs 1,064 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 -- 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. 24 found (avg delta 0.77, highest 0.94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$470.00Jul 223.3031.40$27.3529.6%20.94267
$450.00Jul 1745.5053.50$49.5016.2%20.92--
$435.00Jul 258.1066.00$62.0512.7%10.91--
$457.50Jul 235.7043.60$39.6519.9%10.88--
$462.50Jul 231.0037.60$34.3019.2%10.87--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$505.00Jul 25.9013.70$9.8079.6%10.72--
$505.00Jul 1011.2014.20$12.7023.6%10.64--
$500.00Jul 23.307.30$5.3075.5%10.601
$500.00Jul 109.2011.20$10.2019.6%10.5528
$500.00Jul 1711.5014.00$12.7519.6%10.53--

Most actively traded options today. High liquidity = easy entry/exit. 65 active (total vol 794, top 313)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$492.50Jul 26.507.90$7.2019.4%1000.671
$500.00Jul 179.2010.90$10.0516.9%240.47283
$510.00Jul 20.101.30$0.70171.4%230.1352
$515.00Jul 20.002.50$1.25200.0%140.1520
$495.00Jul 24.706.30$5.5029.1%120.606
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$472.50Jul 20.057.00$3.53196.9%3130.2030
$470.00Jul 170.506.40$3.45171.0%1230.19486
$480.00Jul 174.009.20$6.6078.8%170.29--
$480.00Jul 246.007.20$6.6018.2%120.297
$455.00Jul 20.004.80$2.40200.0%100.12--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 15 strikes (avg 40.7%, max 99.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$475.00Jul 2Jul 1069.6%34.8%99.9%4102
$462.50Jul 2Jul 1094.1%47.5%98.1%2--
$470.00Jul 2Jul 1750.7%30.4%67.0%61.1K
$480.00Jul 2Jul 1752.0%32.0%62.3%3220
$485.00Jul 2Jul 1736.7%27.8%31.8%2--
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$480.00Jul 2Jul 3152.0%28.3%83.9%615
$450.00Jul 10Jul 1751.4%33.4%53.9%6--
$505.00Jul 2Jul 1036.6%26.2%39.5%2--
$500.00Jul 2Jul 1729.3%26.8%9.0%21
$495.00Jul 2Jul 2427.9%26.5%5.4%568

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 30 found (best R:R 57.82, avg 6.46)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$530.00$570.00Jul 17$0.68$39.32$0.6857.82$530.68
$520.00$570.00Jul 24$3.00$47.00$3.0015.67$523.00
$500.00$505.00Jul 2$0.70$4.30$0.706.14$500.70
$505.00$520.00Jul 17$4.60$10.40$4.602.26$509.60
$505.00$510.00Jul 2$1.65$3.35$1.652.03$506.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$480.00$450.00Jul 10$1.38$28.62$1.3820.74$478.62
$470.00$435.00Jul 31$1.65$33.35$1.6520.21$468.35
$470.00$452.50Jul 17$1.05$16.45$1.0515.67$468.95
$435.00$400.00Aug 7$3.81$31.19$3.818.19$431.19
$470.00$435.00Aug 7$4.92$30.08$4.926.11$465.08

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 45 found (best R:R 224.00, avg 7.91)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$435.00$457.50Jul 2$22.40$22.40$0.10224.00$457.40
$462.50$467.50Jul 10$4.75$4.75$0.2519.00$467.25
$462.50$470.00Jul 2$6.95$6.95$0.5512.64$469.45
$470.00$475.00Jul 2$4.60$4.60$0.4011.50$474.60
$450.00$465.00Jul 17$13.65$13.65$1.3510.11$463.65
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$505.00$500.00Jul 2$4.50$4.50$0.509.00$500.50
$505.00$500.00Jul 10$2.50$2.50$2.501.00$502.50
$500.00$495.00Jul 10$2.45$2.45$2.550.96$497.55
$500.00$495.00Jul 17$2.40$2.40$2.600.92$497.60
$500.00$495.00Jul 2$2.37$2.37$2.630.90$497.63

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $3.13, cheapest $0.98)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$520.00Jul 17Jul 24$1.6027.4%26.4%
$470.00Jul 2Jul 10$2.0050.7%41.4%
$462.50Jul 2Jul 10$2.0594.1%47.5%
$475.00Jul 2Jul 10$2.1569.6%34.8%
$505.00Jul 2Jul 10$2.8036.6%26.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$435.00Jul 31Aug 7$0.9841.7%40.6%
$470.00Jul 17Jul 31$2.0530.4%27.5%
$480.00Jul 2Jul 10$2.0852.0%31.2%
$505.00Jul 2Jul 10$2.9036.6%26.2%
$495.00Jul 2Jul 10$4.8227.9%26.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 11 found (cheapest 1.68% of stock, avg 4.32%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$500.00Jul 2$3.05$5.30$8.35$491.65$508.351.68%
$495.00Jul 2$5.50$2.93$8.43$486.57$503.431.70%
$505.00Jul 2$2.35$9.80$12.15$492.85$517.152.45%
$485.00Jul 2$13.20$1.20$14.40$470.60$499.402.90%
$500.00Jul 10$7.50$10.20$17.70$482.30$517.703.56%
$505.00Jul 10$5.15$12.70$17.85$487.15$522.853.59%
$480.00Jul 2$17.70$1.70$19.40$460.60$499.403.91%
$500.00Jul 17$10.05$12.75$22.80$477.20$522.804.59%
$480.00Jul 17$22.60$6.60$29.20$450.80$509.205.88%
$470.00Jul 17$31.40$3.45$34.85$435.15$504.857.02%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 60 found (cheapest 0.38% of stock, avg 1.87%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$510.00$485.00Jul 2$0.70$1.20$1.90$483.10$511.90
$510.00$480.00Jul 2$0.70$1.70$2.40$477.60$512.40
$515.00$485.00Jul 2$1.25$1.20$2.45$482.55$517.45
$515.00$480.00Jul 2$1.25$1.70$2.95$477.05$517.95
$505.00$485.00Jul 2$2.35$1.20$3.55$481.45$508.55
$510.00$495.00Jul 2$0.70$2.93$3.63$491.37$513.63
$505.00$480.00Jul 2$2.35$1.70$4.05$475.95$509.05
$515.00$495.00Jul 2$1.25$2.93$4.18$490.82$519.18
$510.00$472.50Jul 2$0.70$3.53$4.23$468.27$514.23
$500.00$485.00Jul 2$3.05$1.20$4.25$480.75$504.25

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 38 found (best R:R 99.00, avg credit $5.19)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
450/452470/480Jul 17$9.90$0.1099.00$442.60$479.90
465/472475/480Jul 2$6.98$0.5213.42$465.52$481.98
482/485490/492Jul 2$2.25$0.259.00$482.75$492.25
450/452480/485Jul 17$4.35$0.656.69$448.15$484.35
465/472480/485Jul 2$6.43$1.076.01$466.07$486.43
482/485492/495Jul 2$2.10$0.405.25$482.90$494.60
495/500520/525Jul 17$4.20$0.805.25$495.80$524.20
470/480485/500Jul 17$12.45$2.554.88$467.55$497.45
465/472485/490Jul 2$6.08$1.424.28$466.42$491.08
450/452485/500Jul 17$10.40$4.602.26$442.10$495.40

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 11 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$490.00$492.50$495.00Jul 2$0.15$2.3515.67
$480.00$485.00$490.00Jul 2$0.35$4.6513.29
$475.00$480.00$485.00Jul 2$0.55$4.458.09
$495.00$500.00$505.00Jul 2$1.75$3.251.86
$505.00$510.00$515.00Jul 2$2.20$2.801.27
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$495.00$500.00$505.00Jul 10$0.05$4.9599.00
$400.00$435.00$470.00Aug 7$1.11$33.8930.53
$477.50$480.00$482.50Jul 2$1.00$1.501.50
$495.00$500.00$505.00Jul 2$2.13$2.871.35
$480.00$482.50$485.00Jul 2$1.30$1.200.92

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 33 found (best net $-1.72, 24 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$530.00$570.001:2Jul 17-$1.72$38.28
$485.00$500.001:2Jul 17-$0.75$14.25
$435.00$457.501:2Jul 2-$17.25$5.25
$520.00$525.001:2Jul 17-$0.20$4.80
$495.00$500.001:2Jul 2-$0.60$4.40
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$470.00$435.001:2Jul 31-$2.20$32.80
$480.00$450.001:2Jul 10-$1.02$28.98
$470.00$452.501:2Jul 17-$1.35$16.15
$495.00$480.001:2Jul 17-$2.85$12.15
$480.00$470.001:2Jul 17-$0.30$9.70

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 12 found (best yield 1.99%, avg 0.83%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$505.00Jul 31$9.900.451.7%1.99%3.66%2--
$500.00Jul 17$9.200.470.7%1.85%2.51%24283
$505.00Jul 17$7.200.411.7%1.45%3.11%1--
$500.00Jul 10$6.500.450.7%1.31%1.97%1--
$520.00Jul 24$4.600.274.7%0.93%5.61%8--
$505.00Jul 10$3.900.361.7%0.79%2.45%212
$520.00Jul 17$3.000.234.7%0.60%5.29%8--
$500.00Jul 2$2.200.410.7%0.44%1.10%1242
$530.00Jul 17$1.650.186.7%0.33%7.03%1141
$505.00Jul 2$1.000.291.7%0.20%1.87%9107

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 422
Total Puts 824
Put/Call Ratio 1.95
Net Difference -402

Prior's Put/Call Breakdown

Total Calls 812
Total Puts 489
Put/Call Ratio 0.60
Net Difference 323

Prior 7-Day Put/Call Summary

Total Calls 11,238
Total Puts 8,741
Average Put/Call Ratio 0.76
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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