NEW Tour v251
VRTX
VERTEX PHARMACEUTICA
$498.01 +0.26%
$497.69 (-0.06%)🌙
as of 07/01 07:09 PM
7/1 19:09

Option Volume

Detail
Current (07/01) 1,901
Calls: 711 (37%)
Puts: 1,190 (63%)
Prior (06/30) 1,246
Calls: 422 (34%)
Puts: 824 (66%)
Current vs Prior +52.57%
Calls: +68.48% (Calls)
Puts: +44.42% (Puts)
Prior 7-Day Total 18,894
Calls: 10,113 (54%)
Puts: 8,781 (46%)
Prior 7-Day Average 2,699
Calls: 1,444 (54%)
Puts: 1,254 (46%)
Current vs Prior 7-Day Avg -29.57%
Calls: -50.79%
Puts: -5.14%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/01) $2.64M
Calls: $2.17M (82%)
Puts: $466.5K (18%)
Prior (06/30) $1.48M
Calls: $808.8K (55%)
Puts: $670.6K (45%)
Current vs Prior +78.28%
Calls: +168.41%
Puts: -30.44%
Prior 7-Day Total $20.88M
Calls: $16.70M (80%)
Puts: $4.19M (20%)
Prior 7-Day Average $2.98M
Calls: $2.39M (80%)
Puts: $598.1K (20%)
Current vs Prior 7-Day Avg -11.59%
Calls: -8.98%
Puts: -22.01%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/01) 1.67
Prior (06/30) 1.95
Current vs Prior -14.28%
Prior 7-Day Average 0.97
Current vs Prior 7-Day Avg +72.79%
Sentiment BEARISH

Open Interest

Detail
Current (07/01) 5,929
Calls: 4,880 (82%)
Puts: 1,049 (18%)
Prior (06/30) 6,385
Calls: 5,321 (83%)
Puts: 1,064 (17%)
Current vs Prior -7.14%
Prior 7-Day Total 52,727
Calls: 36,062 (68%)
Puts: 16,665 (32%)
Prior 7-Day Average 7,532
Calls: 5,151 (68%)
Puts: 2,380 (32%)
Current vs Prior 7-Day Avg -21.29%
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% | 4.75%3.80% | 4.75%4.75% | 10.60%
Prior 1.93% | 3.80%-- | ---- | --
Current vs Prior -4.31% | -0.26%-- | ---- | --
Prior 7-Day Avg 2.41% | 3.87%-- | ---- | --
Current vs 7-Day Avg -23.39% | -1.86%-- | ---- | --
Prior 7-Day Eod 1.93% | 3.80%-- | ---- | --
Current vs 7-Day Eod -4.31% | -0.26%-- | ---- | --
Sentiment BULLISH----

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 94.98% | 39.21%
Calls: 77.44% | 37.12%
Puts: 112.51% | 41.31%
Current vs 7-Day Avg +32.31% | -76.51%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($2.17M) vs puts ($466.5K). Elevated premium activity with dollar volume up 78% vs prior. Above-average activity with volume up 53% vs prior. Extreme bearish P/C ratio of 1.67 - heavy put buying.

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 BEARISH
7-Day Avg NEUTRAL
Current BEARISH
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. 14 found (avg delta 0.70, highest 0.88)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$475.00Jul 219.7028.00$23.8534.8%80.88--
$485.00Jul 210.6016.40$13.5043.0%180.88--
$462.50Jul 1736.5041.80$39.1513.5%10.84--
$480.00Jul 1018.5025.50$22.0031.8%10.83--
$475.00Jul 1726.8031.30$29.0515.5%10.814
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$505.00Jul 108.8012.60$10.7035.5%30.62--
$505.00Jul 1710.6015.70$13.1538.8%40.59--
$500.00Jul 22.058.70$5.38123.6%20.56--

Most actively traded options today. High liquidity = easy entry/exit. 63 active (total vol 918, top 194)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Jul 104.509.50$7.0071.4%920.4920
$500.00Jul 20.305.60$2.95179.7%300.4546
$497.50Jul 105.6012.90$9.2578.9%280.55--
$530.00Jul 100.051.90$0.98188.8%220.10--
$500.00Jul 3114.0017.60$15.8022.8%220.512
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$497.50Jul 103.0011.00$7.00114.3%1940.46--
$490.00Jul 20.552.70$1.63131.9%810.2346
$485.00Jul 20.401.15$0.7797.4%720.1315
$480.00Jul 101.203.00$2.1085.7%510.189
$480.00Jul 316.808.50$7.6522.2%310.2918

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 14 strikes (avg 70.5%, max 214.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$475.00Jul 2Jul 1784.6%26.9%214.6%94
$520.00Jul 2Jul 1766.0%27.6%139.1%4--
$510.00Jul 2Jul 2446.5%29.1%59.8%1365
$500.00Jul 2Jul 3135.8%25.5%40.8%5248
$495.00Jul 2Jul 1036.0%26.9%33.8%5--
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$452.50Jul 2Jul 17127.3%42.4%200.6%4--
$480.00Jul 2Aug 767.4%34.1%97.8%198
$490.00Jul 2Jul 3148.0%27.8%72.8%8246
$495.00Jul 2Jul 1036.0%26.9%33.8%970
$497.50Jul 2Jul 1031.6%25.2%25.3%198--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 39 found (best R:R 99.00, avg 11.60)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$530.00$540.00Jul 17$0.13$9.87$0.1375.92$530.13
$510.00$520.00Jul 2$0.22$9.78$0.2244.45$510.22
$520.00$530.00Jul 10$0.50$9.50$0.5019.00$520.50
$525.00$570.00Jul 24$3.28$41.72$3.2812.72$528.28
$520.00$530.00Jul 17$1.22$8.78$1.227.20$521.22
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$440.00$420.00Jul 17$0.20$19.80$0.2099.00$439.80
$475.00$452.50Jul 2$0.45$22.05$0.4549.00$474.55
$470.00$450.00Jul 24$1.18$18.82$1.1815.95$468.82
$480.00$462.50Jul 10$1.12$16.38$1.1214.62$478.88
$450.00$445.00Jul 24$0.35$4.65$0.3513.29$449.65

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 43 found (best R:R 10.11, avg 0.98)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$480.00$490.00Jul 10$9.10$9.10$0.9010.11$489.10
$497.50$500.00Jul 10$2.25$2.25$0.259.00$499.75
$462.50$475.00Jul 17$10.10$10.10$2.404.21$472.60
$485.00$495.00Jul 2$7.75$7.75$2.253.44$492.75
$480.00$500.00Jul 17$11.95$11.95$8.051.48$491.95
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$505.00$497.50Jul 10$3.70$3.70$3.800.97$501.30
$500.00$480.00Aug 7$7.70$7.70$12.300.63$492.30
$490.00$480.00Jul 31$3.75$3.75$6.250.60$486.25
$505.00$480.00Jul 17$9.32$9.32$15.680.59$495.68
$495.00$480.00Jul 10$4.28$4.28$10.720.40$490.72

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 17 found (avg debit $3.72, cheapest $0.20)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$480.00Jul 10Jul 17$0.2027.8%25.4%
$570.00Jul 17Jul 24$0.2745.0%38.4%
$520.00Jul 2Jul 10$0.6566.0%24.7%
$530.00Jul 10Jul 17$1.5528.6%29.5%
$510.00Jul 2Jul 10$1.8046.5%22.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$480.00Jul 2Jul 10$1.0267.4%27.8%
$470.00Jul 17Jul 24$1.1829.1%28.5%
$452.50Jul 2Jul 17$2.18127.3%42.4%
$505.00Jul 10Jul 17$2.4524.9%27.6%
$495.00Jul 2Jul 10$4.3336.0%26.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 9 found (cheapest 1.57% of stock, avg 3.45%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$495.00Jul 2$5.75$2.05$7.80$487.20$502.801.57%
$500.00Jul 2$2.95$5.38$8.33$491.67$508.331.67%
$485.00Jul 2$13.50$0.77$14.27$470.73$499.272.87%
$505.00Jul 10$5.28$10.70$15.98$489.02$520.983.21%
$497.50Jul 10$9.25$7.00$16.25$481.25$513.753.26%
$495.00Jul 10$10.20$6.38$16.58$478.42$511.583.33%
$480.00Jul 10$22.00$2.10$24.10$455.90$504.104.84%
$475.00Jul 2$23.85$1.30$25.15$449.85$500.155.05%
$480.00Jul 17$22.20$3.83$26.03$453.97$506.035.23%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 76 found (cheapest 0.37% of stock, avg 1.39%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$520.00$487.50Jul 2$0.83$1.00$1.83$485.67$521.83
$530.00$462.50Jul 10$0.98$0.98$1.96$460.54$531.96
$505.00$487.50Jul 2$1.00$1.00$2.00$485.50$507.00
$510.00$487.50Jul 2$1.05$1.00$2.05$485.45$512.05
$520.00$492.50Jul 2$0.83$1.43$2.26$490.24$522.26
$505.00$492.50Jul 2$1.00$1.43$2.43$490.07$507.43
$520.00$490.00Jul 2$0.83$1.63$2.46$487.54$522.46
$520.00$462.50Jul 10$1.48$0.98$2.46$460.04$522.46
$510.00$492.50Jul 2$1.05$1.43$2.48$490.02$512.48
$505.00$490.00Jul 2$1.00$1.63$2.63$487.37$507.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 78 found (best R:R 15.67, avg credit $4.36)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
440/452462/475Jul 17$11.75$0.7515.67$440.75$474.25
460/470475/480Jul 17$7.90$2.103.76$462.10$482.90
488/490495/500Jul 2$3.43$1.572.18$486.57$498.43
440/452475/480Jul 17$8.50$4.002.13$444.00$483.50
440/452480/500Jul 17$13.60$6.402.12$438.90$493.60
460/470480/500Jul 17$13.00$7.001.86$457.00$493.00
495/498505/510Jul 10$3.05$1.951.56$494.45$508.05
420/440480/500Jul 17$12.15$7.851.55$427.85$492.15
485/488495/500Jul 2$3.03$1.971.54$484.47$498.03
482/485495/500Jul 2$2.99$2.011.49$482.01$497.99

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 9 found (best R:R 10.49, cheapest $0.40)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$510.00$520.00$530.00Jul 10$0.87$9.1310.49
$520.00$530.00$540.00Jul 17$1.09$8.918.17
$495.00$500.00$505.00Jul 2$0.85$4.154.88
$475.00$485.00$495.00Jul 2$2.60$7.402.85
$500.00$505.00$510.00Jul 2$2.00$3.001.50
PUTS (4)
LowMidHighExpiryDebitMax GainR:R
$485.00$487.50$490.00Jul 2$0.40$2.105.25
$480.00$482.50$485.00Jul 2$0.69$1.812.62
$490.00$492.50$495.00Jul 2$0.82$1.682.05
$495.00$497.50$500.00Jul 2$2.17$0.330.15

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 $-0.40, 35 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$550.00$570.001:2Jul 17-$2.32$17.68
$510.00$525.001:2Jul 24-$0.70$14.30
$510.00$520.001:2Jul 10-$0.11$9.89
$520.00$530.001:2Jul 10-$0.48$9.52
$510.00$520.001:2Jul 2-$0.61$9.39
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$475.00$452.501:2Jul 2-$0.40$22.10
$440.00$420.001:2Jul 17-$0.98$19.02
$470.00$450.001:2Jul 24-$1.57$18.43
$500.00$480.001:2Aug 7-$5.40$14.60
$470.00$460.001:2Jul 17-$0.65$9.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 16 found (best yield 2.81%, avg 0.76%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$500.00Jul 31$14.000.510.4%2.81%3.21%222
$500.00Jul 17$9.500.480.4%1.91%2.31%3--
$510.00Jul 24$7.800.392.4%1.57%3.97%5--
$510.00Jul 17$5.800.342.4%1.16%3.57%10215
$500.00Jul 10$4.500.490.4%0.90%1.30%9220
$515.00Jul 17$4.000.293.4%0.80%4.21%1--
$525.00Jul 24$3.700.255.4%0.74%6.16%2--
$520.00Jul 17$3.000.234.4%0.60%5.02%3--
$505.00Jul 10$2.050.391.4%0.41%1.82%2--
$535.00Jul 31$1.800.227.4%0.36%7.79%11

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 711
Total Puts 1,190
Put/Call Ratio 1.67
Net Difference -479

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 10,113
Total Puts 8,781
Average Put/Call Ratio 0.97
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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