Tour v309
VRTX
VERTEX PHARMACEUTICA
$485.39 -2.24%
$487.28 (+0.39%)🌙
as of 07/10 07:14 PM
7/10 19:14

Option Volume

Detail
Current (07/10) 1,916
Calls: 739 (39%)
Puts: 1,177 (61%)
Prior (07/09) 4,873
Calls: 2,875 (59%)
Puts: 1,998 (41%)
Current vs Prior -60.68%
Calls: -74.30% (Calls)
Puts: -41.09% (Puts)
Prior 7-Day Total 25,348
Calls: 12,483 (49%)
Puts: 12,865 (51%)
Prior 7-Day Average 3,621
Calls: 1,783 (49%)
Puts: 1,837 (51%)
Current vs Prior 7-Day Avg -47.09%
Calls: -58.56%
Puts: -35.96%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/10) $1.81M
Calls: $842.3K (47%)
Puts: $968.8K (53%)
Prior (07/09) $6.15M
Calls: $3.83M (62%)
Puts: $2.32M (38%)
Current vs Prior -70.57%
Calls: -78.01%
Puts: -58.32%
Prior 7-Day Total $47.22M
Calls: $32.96M (70%)
Puts: $14.26M (30%)
Prior 7-Day Average $6.75M
Calls: $4.71M (70%)
Puts: $2.04M (30%)
Current vs Prior 7-Day Avg -73.15%
Calls: -82.11%
Puts: -52.43%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/10) 1.59
Prior (07/09) 0.69
Current vs Prior +129.18%
Prior 7-Day Average 1.28
Current vs Prior 7-Day Avg +24.03%
Sentiment BEARISH

Open Interest

Detail
Current (07/10) 7,840
Calls: 4,182 (53%)
Puts: 3,658 (47%)
Prior (07/09) 14,010
Calls: 8,176 (58%)
Puts: 5,834 (42%)
Current vs Prior -44.04%
Prior 7-Day Total 65,269
Calls: 44,578 (68%)
Puts: 20,691 (32%)
Prior 7-Day Average 9,324
Calls: 6,368 (68%)
Puts: 2,955 (32%)
Current vs Prior 7-Day Avg -15.92%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 1.17% | 3.38%3.38% | 10.61%
Prior 2.13% | 4.12%4.12% | 10.59%
Current vs Prior +58.56% | +8.29%-17.97% | +0.15%
Prior 7-Day Avg 2.55% | 4.16%4.16% | 10.70%
Current vs 7-Day Avg +32.44% | +7.16%-18.70% | -0.83%
Prior 7-Day Eod 2.13% | 4.12%-- | --
Current vs 7-Day Eod +58.56% | +8.29%-- | --
Sentiment BEARISHBULLISH

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

Light premium activity with dollar volume down 71% vs prior. Below-average activity with volume down 61% vs prior. Extreme bearish P/C ratio of 1.59 - heavy put buying. P/C ratio rising 129% - increased hedging/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 BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 10 of results (avg 7.0%, best 5.0%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$490.00Aug 2121.4022.70$22.055.9%180.4912
$480.00Aug 2126.1027.70$26.905.9%70.5612
$500.00Aug 2116.9018.30$17.608.0%110.43490
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$480.00Aug 2119.4020.40$19.905.0%170.44405
$490.00Aug 2123.9025.30$24.605.7%180.5111
$470.00Aug 2115.2016.10$15.655.8%40.37--
$500.00Aug 2129.4031.40$30.406.6%40.5795
$460.00Aug 2111.7012.80$12.259.0%60.31--

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 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$460.00Jul 1723.0030.90$26.9529.3%10.95--
$470.00Jul 1714.2022.30$18.2544.4%100.80753
$480.00Jul 104.407.40$5.9050.8%230.7319
$470.00Jul 2416.8024.80$20.8038.5%20.73--
$480.00Jul 1710.0011.70$10.8515.7%240.61170
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$490.00Jul 101.756.10$3.93110.7%61.0046
$520.00Jul 1731.4039.40$35.4022.6%20.92--
$515.00Jul 1726.3034.60$30.4527.3%20.88--
$510.00Jul 1020.9028.90$24.9032.1%20.868
$505.00Jul 1717.1025.30$21.2038.7%80.8611

Most actively traded options today. High liquidity = easy entry/exit. 116 active (total vol 1.3K, top 128)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$485.00Jul 177.308.50$7.9015.2%640.4962
$495.00Jul 173.304.30$3.8026.3%320.3031
$510.00Jul 170.601.70$1.1595.7%310.12242
$500.00Jul 100.004.30$2.15200.0%300.23150
$500.00Jul 241.956.00$3.98101.8%300.272
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$440.00Aug 216.907.80$7.3512.2%1280.2014
$475.00Jul 172.806.10$4.4574.2%1160.3216
$450.00Jul 170.401.00$0.7085.7%330.07136
$460.00Jul 240.056.90$3.48196.8%320.204
$480.00Jul 174.305.40$4.8522.7%310.40387

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 25 strikes (avg 914.2%, max 3140.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$540.00Jul 10Aug 141092.8%33.7%3140.9%5--
$520.00Jul 10Aug 21797.5%35.1%2173.7%3293
$515.00Jul 10Aug 7717.2%35.5%1918.2%818
$505.00Jul 10Jul 31545.0%28.5%1812.5%2234
$510.00Jul 10Aug 7633.3%39.0%1524.1%510
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$505.00Jul 10Jul 17545.0%27.7%1869.9%1926
$495.00Jul 10Jul 24348.0%25.2%1279.8%2326
$500.00Jul 10Aug 21450.8%36.4%1139.3%16137
$470.00Jul 10Aug 21224.1%34.9%542.2%5--
$485.00Jul 10Aug 14224.2%36.3%518.4%1614

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 66 found (best R:R 75.92, avg 7.51)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$550.00$560.00Jul 31$0.13$9.87$0.1375.92$550.13
$505.00$510.00Jul 17$0.10$4.90$0.1049.00$505.10
$520.00$530.00Jul 31$0.22$9.78$0.2244.45$520.22
$530.00$550.00Jul 31$0.50$19.50$0.5039.00$530.50
$500.00$507.50Jul 24$0.23$7.27$0.2331.61$500.23
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$470.00$467.50Jul 17$0.13$2.37$0.1318.23$469.87
$500.00$497.50Jul 17$0.15$2.35$0.1515.67$499.85
$430.00$420.00Jul 17$0.70$9.30$0.7013.29$429.30
$460.00$455.00Jul 31$0.50$4.50$0.509.00$459.50
$440.00$430.00Aug 21$1.30$8.70$1.306.69$438.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 75 found (best R:R 12.33, avg 0.97)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$460.00$470.00Jul 17$8.70$8.70$1.306.69$468.70
$470.00$480.00Jul 17$7.40$7.40$2.602.85$477.40
$470.00$485.00Jul 24$10.70$10.70$4.302.49$480.70
$480.00$485.00Jul 10$3.50$3.50$1.502.33$483.50
$485.00$487.50Jul 24$1.70$1.70$0.802.12$486.70
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$515.00$505.00Jul 17$9.25$9.25$0.7512.33$505.75
$480.00$475.00Aug 7$4.05$4.05$0.954.26$475.95
$485.00$480.00Jul 17$3.75$3.75$1.253.00$481.25
$495.00$487.50Jul 24$5.60$5.60$1.902.95$489.40
$497.50$487.50Jul 17$6.65$6.65$3.351.99$490.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 25 found (avg debit $4.21, cheapest $0.45)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$497.50Jul 10Jul 17$0.88400.7%29.8%
$550.00Jul 17Jul 31$1.6357.3%41.5%
$495.00Jul 10Jul 17$1.65348.0%30.3%
$530.00Jul 10Jul 17$1.72527.3%52.7%
$515.00Jul 10Jul 24$1.78717.2%37.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$500.00Jul 10Jul 17$0.45450.8%25.1%
$455.00Jul 24Jul 31$0.6436.6%32.6%
$505.00Jul 10Jul 17$1.35545.0%27.7%
$450.00Jul 17Jul 31$2.2835.7%31.6%
$470.00Jul 10Jul 17$2.48224.1%28.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 19 found (cheapest 0.99% of stock, avg 4.76%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$485.00Jul 10$2.40$2.40$4.80$480.20$489.800.99%
$490.00Jul 10$0.95$3.93$4.88$485.12$494.881.01%
$495.00Jul 10$2.15$9.75$11.90$483.10$506.902.45%
$487.50Jul 17$6.70$8.50$15.20$472.30$502.703.13%
$480.00Jul 17$10.85$4.85$15.70$464.30$495.703.23%
$485.00Jul 17$7.90$8.60$16.50$468.50$501.503.40%
$500.00Jul 17$1.58$15.30$16.88$483.12$516.883.48%
$500.00Jul 10$2.15$14.85$17.00$483.00$517.003.50%
$497.50Jul 17$3.03$15.15$18.18$479.32$515.683.75%
$487.50Jul 24$8.40$11.55$19.95$467.55$507.454.11%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 124 found (cheapest 0.66% of stock, avg 3.31%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$487.50$485.00Jul 10$0.78$2.40$3.18$481.82$490.68
$490.00$485.00Jul 10$0.95$2.40$3.35$481.65$493.35
$495.00$485.00Jul 10$2.15$2.40$4.55$480.45$499.55
$497.50$485.00Jul 10$2.15$2.40$4.55$480.45$502.05
$500.00$485.00Jul 10$2.15$2.40$4.55$480.45$504.55
$497.50$467.50Jul 17$3.03$2.40$5.43$462.07$502.93
$497.50$470.00Jul 17$3.03$2.53$5.56$464.44$503.06
$515.00$450.00Jul 31$2.80$2.98$5.78$444.22$520.78
$495.00$467.50Jul 17$3.80$2.40$6.20$461.30$501.20
$520.00$450.00Jul 31$3.25$2.98$6.23$443.77$526.23

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 163 found (best R:R 37.46, avg credit $4.68)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
470/475480/485Jul 17$4.87$0.1337.46$470.13$484.87
420/430460/470Jul 17$9.40$0.6015.67$420.60$469.40
480/488492/500Jul 24$7.02$0.4814.62$480.48$499.52
488/495515/520Jul 24$7.00$0.5014.00$488.00$522.00
480/485495/498Jul 17$4.52$0.489.42$480.48$499.52
450/458470/480Jul 17$8.70$1.306.69$448.80$478.70
470/480490/500Aug 21$8.70$1.306.69$471.30$498.70
465/468498/500Jul 17$2.10$0.405.25$465.40$499.60
460/465470/480Jul 17$8.27$1.734.78$456.73$478.27
460/470480/490Aug 21$8.25$1.754.71$461.75$488.25

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 22 found (best R:R 24.00, cheapest $0.23)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$480.00$490.00$500.00Aug 21$0.40$9.6024.00
$500.00$505.00$510.00Jul 17$0.23$4.7720.74
$460.00$470.00$480.00Jul 17$1.30$8.706.69
$510.00$520.00$530.00Jul 17$1.44$8.565.94
$530.00$540.00$550.00Jul 17$1.75$8.254.71
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$470.00$480.00$490.00Aug 21$0.45$9.5521.22
$450.00$460.00$470.00Aug 21$0.60$9.4015.67
$440.00$450.00$460.00Aug 21$0.70$9.3013.29
$430.00$440.00$450.00Aug 21$0.80$9.2011.50
$460.00$470.00$480.00Aug 21$0.85$9.1510.76

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 $-0.30, 64 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$530.00$570.001:2Aug 7-$0.30$39.70
$520.00$550.001:2Aug 21-$0.60$29.40
$495.00$520.001:2Aug 14-$0.20$24.80
$530.00$550.001:2Jul 31-$2.03$17.97
$500.00$520.001:2Aug 21-$3.20$16.80
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$450.00$430.001:2Jul 17-$1.00$19.00
$485.00$465.001:2Aug 14-$1.35$18.65
$475.00$460.001:2Jul 31-$0.84$14.16
$475.00$460.001:2Aug 7-$5.15$9.85
$497.50$487.501:2Jul 17-$1.85$8.15

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 31 found (best yield 4.41%, avg 1.00%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$490.00Aug 21$21.400.490.9%4.41%5.36%1812
$500.00Aug 21$16.900.433.0%3.48%6.49%11490
$495.00Aug 14$14.400.452.0%2.97%4.95%31
$520.00Aug 21$9.100.307.1%1.87%9.01%1258
$510.00Aug 7$8.900.335.1%1.83%6.90%210
$490.00Jul 24$8.400.430.9%1.73%2.68%417
$492.50Jul 24$6.700.391.5%1.38%2.85%1--
$500.00Jul 31$6.600.353.0%1.36%4.37%1120
$487.50Jul 24$6.200.460.4%1.28%1.71%1--
$487.50Jul 17$6.100.440.4%1.26%1.69%513

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 739
Total Puts 1,177
Put/Call Ratio 1.59
Net Difference -438

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 12,483
Total Puts 12,865
Average Put/Call Ratio 1.28
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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