Tour v334
VRTX
VERTEX PHARMACEUTICA
$476.31 -0.82%
$476.00 (-0.07%)🌙
as of 07/14 07:37 PM
7/14 19:37

Option Volume

Detail
Current (07/14) 2,236
Calls: 1,328 (59%)
Puts: 908 (41%)
Prior (07/13) 3,390
Calls: 844 (25%)
Puts: 2,546 (75%)
Current vs Prior -34.04%
Calls: +57.35% (Calls)
Puts: -64.34% (Puts)
Prior 7-Day Total 27,507
Calls: 12,933 (47%)
Puts: 14,574 (53%)
Prior 7-Day Average 3,929
Calls: 1,847 (47%)
Puts: 2,082 (53%)
Current vs Prior 7-Day Avg -43.10%
Calls: -28.12%
Puts: -56.39%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/14) $2.50M
Calls: $2.14M (86%)
Puts: $355.0K (14%)
Prior (07/13) $2.17M
Calls: $1.22M (56%)
Puts: $947.6K (44%)
Current vs Prior +15.32%
Calls: +75.82%
Puts: -62.53%
Prior 7-Day Total $47.08M
Calls: $32.05M (68%)
Puts: $15.03M (32%)
Prior 7-Day Average $6.73M
Calls: $4.58M (68%)
Puts: $2.15M (32%)
Current vs Prior 7-Day Avg -62.84%
Calls: -53.17%
Puts: -83.47%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/14) 0.68
Prior (07/13) 3.02
Current vs Prior -77.33%
Prior 7-Day Average 1.42
Current vs Prior 7-Day Avg -52.00%
Sentiment BULLISH

Open Interest

Detail
Current (07/14) 8,721
Calls: 3,808 (44%)
Puts: 4,913 (56%)
Prior (07/13) 9,922
Calls: 6,821 (69%)
Puts: 3,101 (31%)
Current vs Prior -12.10%
Prior 7-Day Total 70,717
Calls: 45,380 (64%)
Puts: 25,337 (36%)
Prior 7-Day Average 10,102
Calls: 6,482 (64%)
Puts: 3,619 (36%)
Current vs Prior 7-Day Avg -13.67%
Sentiment BULLISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 2.68% | 4.56%2.68% | 10.53%
Prior 3.40% | 4.87%3.40% | 10.93%
Current vs Prior -21.19% | -6.50%-21.19% | -3.69%
Prior 7-Day Avg 2.98% | 4.41%3.90% | 10.72%
Current vs 7-Day Avg -9.96% | +3.31%-31.22% | -1.81%
Prior 7-Day Eod 3.40% | 4.87%3.40% | 10.93%
Current vs 7-Day Eod -21.19% | -6.50%-21.19% | -3.69%
Sentiment BULLISHBULLISH

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

Strong bullish conviction with 86% of dollar volume in calls ($2.14M) vs puts ($355.0K). Bullish P/C ratio of 0.68. P/C ratio dropping 77% - 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 BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
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 5 of results (avg 8.1%, best 7.0%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$470.00Aug 2126.0028.10$27.057.8%250.5771
$480.00Aug 2120.8022.80$21.809.2%60.5019
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$490.00Aug 2127.6029.60$28.607.0%10.5628
$480.00Aug 2122.2024.00$23.107.8%90.50507
$470.00Aug 2117.5019.10$18.308.7%20.43--

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. 21 found (avg delta 0.67, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$420.00Jul 1754.8061.00$57.9010.7%20.99--
$450.00Jul 1723.7031.40$27.5527.9%10.84--
$460.00Jul 1715.3022.10$18.7036.4%40.82--
$465.00Jul 2413.7020.60$17.1540.2%30.683
$470.00Jul 177.0014.30$10.6568.5%50.65--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Jul 1720.0027.60$23.8031.9%30.89--
$495.00Jul 1715.2023.00$19.1040.8%50.84321
$485.00Jul 177.0013.30$10.1562.1%30.71--
$495.00Jul 3119.7025.60$22.6526.0%10.70--
$500.00Aug 728.0036.00$32.0025.0%30.6714

Most actively traded options today. High liquidity = easy entry/exit. 99 active (total vol 1.7K, top 185)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$540.00Jul 310.001.50$0.75200.0%1850.051
$540.00Jul 170.000.70$0.35200.0%1420.03143
$497.50Jul 240.058.20$4.13197.3%910.25--
$512.50Jul 240.003.30$1.65200.0%880.12--
$517.50Jul 240.001.70$0.85200.0%710.073
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$445.00Jul 240.002.95$1.48199.3%730.1131
$430.00Aug 215.506.70$6.1019.7%700.1841
$430.00Jul 240.001.00$0.50200.0%610.0477
$420.00Jul 170.000.25$0.13192.3%520.01191
$440.00Aug 217.608.80$8.2014.6%330.23139

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 18 strikes (avg 43.1%, max 117.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$540.00Jul 17Aug 2172.9%33.5%117.2%148182
$515.00Jul 17Jul 2451.2%32.1%59.4%8493
$520.00Jul 17Aug 2858.6%36.9%58.8%1314
$505.00Jul 17Jul 2444.3%33.3%33.0%6627
$510.00Jul 17Aug 2846.0%36.5%26.0%47258
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$430.00Jul 17Aug 2878.4%38.0%106.3%38356
$420.00Jul 17Aug 2864.3%36.2%77.6%55191
$465.00Jul 17Jul 3146.4%30.4%53.0%512
$460.00Jul 17Jul 2444.1%28.9%52.3%1292
$425.00Jul 24Jul 3148.0%35.5%35.4%5--

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 55 found (best R:R 65.67, avg 6.08)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$490.00$497.50Jul 17$0.23$7.27$0.2331.61$490.23
$505.00$510.00Jul 17$0.20$4.80$0.2024.00$505.20
$500.00$505.00Jul 24$0.20$4.80$0.2024.00$500.20
$520.00$530.00Jul 17$0.43$9.57$0.4322.26$520.43
$500.00$505.00Jul 17$0.39$4.61$0.3911.82$500.39
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$420.00$390.00Jul 31$0.45$29.55$0.4565.67$419.55
$435.00$425.00Jul 31$0.65$9.35$0.6514.38$434.35
$445.00$430.00Jul 24$0.98$14.02$0.9814.31$444.02
$467.50$465.00Jul 17$0.20$2.30$0.2011.50$467.30
$430.00$420.00Jul 17$0.87$9.13$0.8710.49$429.13

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 64 found (best R:R 16.86, avg 1.52)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$450.00$460.00Jul 17$8.85$8.85$1.157.70$458.85
$507.50$510.00Jul 24$2.18$2.18$0.326.81$509.68
$460.00$470.00Jul 17$8.05$8.05$1.954.13$468.05
$470.00$475.00Jul 17$3.75$3.75$1.253.00$473.75
$475.00$477.50Jul 17$1.75$1.75$0.752.33$476.75
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$480.00$475.00Jul 17$4.72$4.72$0.2816.86$475.28
$500.00$495.00Jul 17$4.70$4.70$0.3015.67$495.30
$495.00$485.00Jul 17$8.95$8.95$1.058.52$486.05
$485.00$482.50Jul 17$1.50$1.50$1.001.50$483.50
$480.00$472.50Jul 24$4.25$4.25$3.251.31$475.75

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 23 found (avg debit $4.62, cheapest $0.50)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$515.00Jul 17Jul 24$0.5051.2%32.1%
$540.00Jul 17Jul 24$1.0572.9%51.2%
$510.00Jul 17Jul 24$1.1746.0%33.6%
$530.00Jul 17Jul 24$1.3052.7%45.3%
$500.00Jul 17Jul 24$1.3843.8%30.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$420.00Jul 17Jul 31$0.8764.3%38.3%
$460.00Jul 17Jul 24$0.8844.1%28.9%
$450.00Aug 14Aug 21$2.0036.0%36.5%
$470.00Jul 17Jul 24$2.5542.9%33.2%
$435.00Jul 31Aug 7$3.2033.8%40.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 11 found (cheapest 2.21% of stock, avg 5.96%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$475.00Jul 17$6.90$3.63$10.53$464.47$485.532.21%
$480.00Jul 17$4.63$8.35$12.98$467.02$492.982.73%
$482.50Jul 17$4.55$8.65$13.20$469.30$495.702.77%
$470.00Jul 17$10.65$4.40$15.05$454.95$485.053.16%
$480.00Jul 24$7.95$12.30$20.25$459.75$500.254.25%
$460.00Jul 17$18.70$1.85$20.55$439.45$480.554.31%
$500.00Jul 17$1.02$23.80$24.82$475.18$524.825.21%
$480.00Aug 21$21.80$23.10$44.90$435.10$524.909.43%
$470.00Aug 21$27.05$18.30$45.35$424.65$515.359.52%
$490.00Aug 21$17.95$28.60$46.55$443.45$536.559.77%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 101 found (cheapest 0.37% of stock, avg 2.97%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$540.00$425.00Jul 31$0.75$1.00$1.75$423.25$541.75
$540.00$420.00Jul 31$0.75$1.00$1.75$418.25$541.75
$540.00$435.00Jul 31$0.75$1.65$2.40$432.60$542.40
$497.50$462.50Jul 17$1.02$2.35$3.37$459.13$500.87
$490.00$462.50Jul 17$1.25$2.35$3.60$458.90$493.60
$497.50$465.00Jul 17$1.02$3.33$4.35$460.65$501.85
$490.00$465.00Jul 17$1.25$3.33$4.58$460.42$494.58
$497.50$467.50Jul 17$1.02$3.53$4.55$462.95$502.05
$497.50$475.00Jul 17$1.02$3.63$4.65$470.35$502.15
$490.00$467.50Jul 17$1.25$3.53$4.78$462.72$494.78

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 128 found (best R:R 34.71, avg credit $5.39)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
420/430450/460Jul 17$9.72$0.2834.71$420.28$459.72
472/480485/490Jul 24$7.10$0.4017.75$472.90$492.10
462/465470/475Jul 17$4.73$0.2717.52$460.27$474.73
440/450460/470Aug 21$9.35$0.6514.38$440.65$469.35
485/495500/505Jul 17$9.34$0.6614.15$485.66$509.34
420/430460/470Aug 21$9.32$0.6813.71$420.68$469.32
485/495505/510Jul 17$9.15$0.8510.76$485.85$514.15
470/480490/500Aug 21$9.10$0.9010.11$470.90$499.10
460/462475/478Jul 17$2.25$0.259.00$460.25$477.25
420/430460/470Jul 17$8.92$1.088.26$421.08$468.92

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 22 found (best R:R 49.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$510.00$515.00$520.00Jul 17$0.10$4.9049.00
$500.00$505.00$510.00Jul 17$0.19$4.8125.32
$505.00$510.00$515.00Jul 17$0.20$4.8024.00
$525.00$530.00$535.00Jul 24$0.25$4.7519.00
$520.00$530.00$540.00Jul 17$0.68$9.3213.71
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$430.00$440.00$450.00Aug 21$0.60$9.4015.67
$470.00$480.00$490.00Aug 21$0.70$9.3013.29
$460.00$462.50$465.00Jul 17$0.48$2.024.21
$465.00$467.50$470.00Jul 17$0.67$1.832.73
$435.00$465.00$495.00Jul 31$9.70$20.302.09

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 66 found (best net $-0.10, 45 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$530.00$540.001:2Jul 17-$0.60$9.40
$460.00$470.001:2Jul 17-$2.60$7.40
$480.00$490.001:2Jul 31-$2.80$7.20
$517.50$525.001:2Jul 24-$0.65$6.85
$490.00$497.501:2Jul 17-$0.79$6.71
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$420.00$390.001:2Jul 31-$0.10$29.90
$457.50$430.001:2Jul 17-$1.37$26.13
$450.00$430.001:2Aug 14-$1.10$18.90
$470.00$450.001:2Aug 21-$3.50$16.50
$435.00$425.001:2Jul 31-$0.35$9.65

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 24 found (best yield 4.37%, avg 1.16%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$480.00Aug 21$20.800.500.8%4.37%5.14%619
$480.00Aug 14$17.700.500.8%3.72%4.49%1--
$490.00Aug 21$14.800.442.9%3.11%5.98%1--
$500.00Aug 21$12.600.375.0%2.65%7.62%2--
$480.00Jul 31$10.100.470.8%2.12%2.90%1370
$510.00Aug 28$9.000.327.1%1.89%8.96%3--
$510.00Aug 21$7.600.317.1%1.60%8.67%356
$520.00Aug 28$6.400.279.2%1.34%10.52%1214
$520.00Aug 21$6.100.269.2%1.28%10.45%18251
$490.00Jul 31$6.000.352.9%1.26%4.13%2922

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 1,328
Total Puts 908
Put/Call Ratio 0.68
Net Difference 420

Prior's Put/Call Breakdown

Total Calls 844
Total Puts 2,546
Put/Call Ratio 3.02
Net Difference -1,702

Prior 7-Day Put/Call Summary

Total Calls 12,933
Total Puts 14,574
Average Put/Call Ratio 1.42
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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