Tour v308
VRTX
VERTEX PHARMACEUTICA
$496.50 -0.39%
$492.05 (-0.90%)🌙
as of 07/09 07:13 PM
7/9 19:13

Option Volume

Detail
Current (07/09) 4,873
Calls: 2,875 (59%)
Puts: 1,998 (41%)
Prior (07/08) 4,673
Calls: 2,213 (47%)
Puts: 2,460 (53%)
Current vs Prior +4.28%
Calls: +29.91% (Calls)
Puts: -18.78% (Puts)
Prior 7-Day Total 21,776
Calls: 10,420 (48%)
Puts: 11,356 (52%)
Prior 7-Day Average 3,110
Calls: 1,488 (48%)
Puts: 1,622 (52%)
Current vs Prior 7-Day Avg +56.64%
Calls: +93.14%
Puts: +23.16%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/09) $6.15M
Calls: $3.83M (62%)
Puts: $2.32M (38%)
Prior (07/08) $7.24M
Calls: $3.59M (50%)
Puts: $3.65M (50%)
Current vs Prior -15.01%
Calls: +6.79%
Puts: -36.41%
Prior 7-Day Total $43.19M
Calls: $31.06M (72%)
Puts: $12.13M (28%)
Prior 7-Day Average $6.17M
Calls: $4.44M (72%)
Puts: $1.73M (28%)
Current vs Prior 7-Day Avg -0.24%
Calls: -13.67%
Puts: +34.14%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/09) 0.69
Prior (07/08) 1.11
Current vs Prior -37.48%
Prior 7-Day Average 1.27
Current vs Prior 7-Day Avg -45.31%
Sentiment BULLISH

Open Interest

Detail
Current (07/09) 14,010
Calls: 8,176 (58%)
Puts: 5,834 (42%)
Prior (07/08) 7,725
Calls: 3,515 (46%)
Puts: 4,210 (54%)
Current vs Prior +81.36%
Prior 7-Day Total 57,842
Calls: 40,471 (70%)
Puts: 17,371 (30%)
Prior 7-Day Average 8,263
Calls: 5,781 (70%)
Puts: 2,481 (30%)
Current vs Prior 7-Day Avg +69.55%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 2.13% | 4.12%4.12% | 10.59%
Prior 1.93% | 3.99%3.99% | 10.63%
Current vs Prior +10.64% | +3.16%+3.16% | -0.37%
Prior 7-Day Avg 2.51% | 4.12%4.17% | 10.73%
Current vs 7-Day Avg -15.12% | +0.04%-1.18% | -1.30%
Prior 7-Day Eod 1.93% | 3.99%-- | --
Current vs 7-Day Eod +10.64% | +3.16%-- | --
Sentiment BEARISHBEARISH

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 125.66% | 9.21%
Calls: 67.80% | 10.00%
Puts: 183.51% | 8.43%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 62% call dollar volume ($3.83M). Bullish P/C ratio of 0.69. P/C ratio dropping 37% - sentiment shifting bullish. Rising open interest (up 81%) indicates new positions being established.

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 BULLISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
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 2 of results (avg 8.7%, best 7.7%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Aug 2122.5024.30$23.407.7%2210.50303
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$575.00Jul 1075.2082.80$79.009.6%30.90--

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. 48 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$440.00Jul 1752.9060.70$56.8013.7%1001.00240
$450.00Jul 1743.2050.00$46.6014.6%10.94--
$455.00Jul 2439.4047.10$43.2517.8%10.93--
$450.00Jul 1043.3049.40$46.3513.2%10.9245
$462.50Jul 1029.9036.20$33.0519.1%10.91--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$530.00Jul 1030.5037.80$34.1521.4%30.97--
$575.00Jul 1075.2082.80$79.009.6%30.90--
$555.00Jul 1055.5061.80$58.6510.7%40.88--
$520.00Jul 1722.1029.40$25.7528.3%30.8739
$520.00Jul 1022.1027.70$24.9022.5%40.8627

Most actively traded options today. High liquidity = easy entry/exit. 137 active (total vol 3.7K, top 1.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Aug 215.807.60$6.7026.9%1.0K0.211.0K
$500.00Aug 2122.5024.30$23.407.7%2210.50303
$490.00Jul 103.7011.80$7.75104.5%1140.6618
$440.00Jul 1752.9060.70$56.8013.7%1001.00240
$500.00Jul 101.002.55$1.7887.1%920.35152
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$480.00Aug 2114.9016.80$15.8512.0%1.0K0.371.1K
$500.00Aug 2123.4026.60$25.0012.8%780.5060
$480.00Jul 172.203.30$2.7540.0%360.22359
$430.00Aug 70.408.00$4.20181.0%250.12--
$460.00Aug 218.4011.20$9.8028.6%250.2513

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 26 strikes (avg 131.2%, max 432.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$550.00Jul 10Aug 21166.9%34.8%379.7%1.0K1.2K
$540.00Jul 10Aug 21145.4%36.2%302.1%17103
$450.00Jul 10Aug 21143.8%37.2%286.9%357
$467.50Jul 10Jul 17120.8%36.7%229.2%3--
$462.50Jul 10Jul 17109.3%39.9%173.7%2--
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$430.00Jul 10Aug 21223.2%41.9%432.5%510
$520.00Jul 10Jul 1784.2%28.9%191.5%766
$482.50Jul 10Jul 2485.5%31.2%174.1%5--
$490.00Jul 10Jul 1773.8%29.4%150.7%645
$530.00Jul 10Jul 3170.7%29.6%138.6%4--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 70 found (best R:R 139.00, avg 7.34)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$530.00$565.00Jul 31$0.25$34.75$0.25139.00$530.25
$525.00$530.00Jul 17$0.30$4.70$0.3015.67$525.30
$535.00$540.00Jul 17$0.35$4.65$0.3513.29$535.35
$515.00$525.00Jul 17$1.05$8.95$1.058.52$516.05
$525.00$530.00Jul 31$0.55$4.45$0.558.09$525.55
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$482.50$432.50Jul 10$0.68$49.32$0.6872.53$481.82
$430.00$410.00Aug 7$0.57$19.43$0.5734.09$429.43
$467.50$462.50Jul 17$0.20$4.80$0.2024.00$467.30
$465.00$460.00Jul 24$0.27$4.73$0.2717.52$464.73
$455.00$450.00Jul 17$0.37$4.63$0.3712.51$454.63

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 95 found (best R:R 49.00, avg 2.59)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$467.50$485.00Jul 10$16.75$16.75$0.7522.33$484.25
$435.00$455.00Jul 24$18.90$18.90$1.1017.18$453.90
$462.50$467.50Jul 10$4.70$4.70$0.3015.67$467.20
$450.00$460.00Jul 17$9.15$9.15$0.8510.76$459.15
$462.50$465.00Jul 17$2.25$2.25$0.259.00$464.75
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$555.00$530.00Jul 10$24.50$24.50$0.5049.00$530.50
$530.00$520.00Jul 10$9.25$9.25$0.7512.33$520.75
$515.00$505.00Jul 10$8.55$8.55$1.455.90$506.45
$505.00$500.00Jul 10$4.22$4.22$0.785.41$500.78
$457.50$455.00Jul 17$2.03$2.03$0.474.32$455.47

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 35 found (avg debit $4.35, cheapest $0.25)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$450.00Jul 10Jul 17$0.25143.8%46.4%
$530.00Jul 10Jul 17$1.0070.7%35.7%
$467.50Jul 10Jul 17$1.55120.8%36.7%
$462.50Jul 10Jul 17$2.00109.3%39.9%
$525.00Jul 17Jul 31$2.8834.1%28.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$482.50Jul 10Jul 17$0.4285.5%29.2%
$470.00Jul 17Jul 24$0.6332.5%26.9%
$520.00Jul 10Jul 17$0.8584.2%28.9%
$460.00Jul 17Jul 24$1.0548.9%40.5%
$480.00Jul 17Jul 24$1.0828.7%25.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 33 found (cheapest 1.55% of stock, avg 6.34%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$495.00Jul 10$5.18$2.50$7.68$487.32$502.681.55%
$500.00Jul 10$1.78$6.13$7.91$492.09$507.911.59%
$497.50Jul 10$4.88$5.40$10.28$487.22$507.782.07%
$505.00Jul 10$1.02$10.35$11.37$493.63$516.372.29%
$490.00Jul 10$7.75$4.35$12.10$477.90$502.102.44%
$487.50Jul 10$9.60$3.68$13.28$474.22$500.782.67%
$500.00Jul 17$7.35$10.60$17.95$482.05$517.953.62%
$495.00Jul 17$9.70$8.50$18.20$476.80$513.203.67%
$492.50Jul 17$11.20$7.60$18.80$473.70$511.303.79%
$490.00Jul 17$13.00$6.15$19.15$470.85$509.153.86%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 124 found (cheapest 0.69% of stock, avg 2.98%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$505.00$432.50Jul 10$1.02$2.40$3.42$429.08$508.42
$505.00$495.00Jul 10$1.02$2.50$3.52$491.48$508.52
$520.00$432.50Jul 10$1.55$2.40$3.95$428.55$523.95
$520.00$495.00Jul 10$1.55$2.50$4.05$490.95$524.05
$505.00$482.50Jul 10$1.02$3.08$4.10$478.40$509.10
$500.00$432.50Jul 10$1.78$2.40$4.18$428.32$504.18
$500.00$495.00Jul 10$1.78$2.50$4.28$490.72$504.28
$520.00$482.50Jul 10$1.55$3.08$4.63$477.87$524.63
$505.00$487.50Jul 10$1.02$3.68$4.70$482.80$509.70
$507.50$432.50Jul 10$2.40$2.40$4.80$427.70$512.30

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 111 found (best R:R 28.41, avg credit $5.94)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
470/472480/485Jul 17$4.83$0.1728.41$467.67$484.83
450/455470/475Jul 17$4.67$0.3314.15$450.33$474.67
470/480490/500Aug 21$9.25$0.7512.33$470.75$499.25
462/468470/475Jul 17$4.50$0.509.00$463.00$474.50
420/430460/470Aug 21$8.90$1.108.09$421.10$468.90
485/495515/525Aug 7$8.40$1.605.25$486.60$523.40
470/480520/530Aug 21$8.35$1.655.06$471.65$528.35
450/455480/485Jul 17$4.17$0.835.02$450.83$484.17
495/505515/525Aug 7$8.25$1.754.71$496.75$523.25
455/460482/485Jul 24$4.01$0.994.05$455.99$486.51

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 22 found (best R:R 32.33, cheapest $0.15)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$505.00$510.00$515.00Jul 17$0.15$4.8532.33
$525.00$530.00$535.00Jul 17$0.28$4.7216.86
$485.00$487.50$490.00Jul 10$0.15$2.3515.67
$460.00$462.50$465.00Jul 17$0.15$2.3515.67
$520.00$525.00$530.00Jul 31$0.45$4.5510.11
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$480.00$482.50$485.00Jul 17$0.72$1.782.47
$460.00$470.00$480.00Aug 21$4.05$5.951.47
$467.50$470.00$472.50Jul 17$1.33$1.170.88
$472.50$475.00$477.50Jul 17$1.72$0.780.45
$477.50$480.00$482.50Jul 17$2.35$0.150.06

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 75 found (best net $-1.72, 59 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$530.00$565.001:2Jul 31-$3.38$31.62
$480.00$500.001:2Jul 31-$2.00$18.00
$550.00$570.001:2Jul 10-$2.40$17.60
$500.00$515.001:2Jul 31-$0.95$14.05
$500.00$520.001:2Aug 21-$6.70$13.30
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$482.50$432.501:2Jul 10-$1.72$48.28
$440.00$410.001:2Jul 17-$0.62$29.38
$430.00$410.001:2Aug 7-$3.06$16.94
$450.00$430.001:2Aug 21-$3.45$16.55
$555.00$530.001:2Jul 10-$9.65$15.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 27 found (best yield 4.53%, avg 1.18%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$500.00Aug 21$22.500.500.7%4.53%5.24%221303
$505.00Aug 7$15.700.451.7%3.16%4.87%1--
$520.00Aug 21$13.600.384.7%2.74%7.47%2258
$500.00Jul 31$12.100.480.7%2.44%3.14%222
$510.00Aug 14$12.000.422.7%2.42%5.14%1--
$530.00Aug 21$10.200.326.8%2.05%8.80%241
$515.00Aug 7$8.500.373.7%1.71%5.44%1--
$497.50Jul 17$7.700.480.2%1.55%1.75%25
$500.00Jul 17$6.600.430.7%1.33%2.03%82299
$540.00Aug 21$6.500.278.8%1.31%10.07%139

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 2,875
Total Puts 1,998
Put/Call Ratio 0.69
Net Difference 877

Prior's Put/Call Breakdown

Total Calls 2,213
Total Puts 2,460
Put/Call Ratio 1.11
Net Difference -247

Prior 7-Day Put/Call Summary

Total Calls 10,420
Total Puts 11,356
Average Put/Call Ratio 1.27
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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