Tour v500
VRTX
VERTEX PHARMACEUTICA
$523.91 +5.61%
$520.32 (-0.69%)🌙
as of 08/10 07:19 PM
8/10 19:19

Option Volume

Detail
Current (08/10) 4,909
Calls: 3,175 (65%)
Puts: 1,734 (35%)
Prior (08/07) 2,328
Calls: 1,132 (49%)
Puts: 1,196 (51%)
Current vs Prior +110.87%
Calls: +180.48% (Calls)
Puts: +44.98% (Puts)
Prior 7-Day Total 25,650
Calls: 11,236 (44%)
Puts: 14,414 (56%)
Prior 7-Day Average 3,664
Calls: 1,605 (44%)
Puts: 2,059 (56%)
Current vs Prior 7-Day Avg +33.97%
Calls: +97.80%
Puts: -15.79%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/10) $7.22M
Calls: $5.74M (80%)
Puts: $1.48M (20%)
Prior (08/07) $1.91M
Calls: $1.25M (66%)
Puts: $655.7K (34%)
Current vs Prior +278.75%
Calls: +358.94%
Puts: +125.76%
Prior 7-Day Total $22.14M
Calls: $10.64M (48%)
Puts: $11.51M (52%)
Prior 7-Day Average $3.16M
Calls: $1.52M (48%)
Puts: $1.64M (52%)
Current vs Prior 7-Day Avg +128.29%
Calls: +277.88%
Puts: -9.96%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/10) 0.55
Prior (08/07) 1.06
Current vs Prior -48.31%
Prior 7-Day Average 1.32
Current vs Prior 7-Day Avg -58.78%
Sentiment BULLISH

Open Interest

Detail
Current (08/10) 18,659
Calls: 11,846 (63%)
Puts: 6,813 (37%)
Prior (08/07) 15,934
Calls: 7,689 (48%)
Puts: 8,245 (52%)
Current vs Prior +17.10%
Prior 7-Day Total 167,431
Calls: 74,438 (44%)
Puts: 92,993 (56%)
Prior 7-Day Average 23,918
Calls: 10,634 (44%)
Puts: 13,284 (56%)
Current vs Prior 7-Day Avg -21.99%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 2.78% | 4.09%4.09% | 8.24%
Prior 3.66% | 5.71%5.71% | 9.64%
Current vs Prior -24.09% | -28.36%-28.36% | -14.53%
Prior 7-Day Avg 3.71% | 5.87%7.16% | 11.01%
Current vs 7-Day Avg -25.18% | -30.29%-42.79% | -25.23%
Prior 7-Day Eod 3.66% | 5.71%5.71% | 9.64%
Current vs 7-Day Eod -24.09% | -28.36%-28.36% | -14.53%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 21.34% | 59.51%
Calls: 20.45% | 63.85%
Puts: 22.22% | 55.17%
Prior 15.64% | 18.34%
Calls: 15.59% | 20.85%
Puts: 15.69% | 15.84%
Current vs Prior +36.45% | +224.48%
Prior 7-Day Avg 54.83% | 18.69%
Calls: 36.30% | 22.48%
Puts: 73.35% | 14.90%
Current vs 7-Day Avg -61.08% | +218.48%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 80% of dollar volume in calls ($5.74M) vs puts ($1.48M). Massive premium surge with dollar volume up 279% vs prior. Dollar volume significantly above 7-day average (128% higher). Unusually high activity with volume up 111% vs prior - elevated interest.

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 BEARISH
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 8 of results (avg 7.7%, best 6.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$490.00Sep 1841.2043.80$42.506.1%1220.78181
$450.00Aug 2171.0075.90$73.456.7%41.0027
$430.00Sep 1892.7099.50$96.107.1%30.9441
$460.00Sep 1865.1070.30$67.707.7%10.9184
$440.00Sep 1883.0089.90$86.458.0%10.93--
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$610.00Sep 1183.0090.70$86.858.9%10.88--

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. 69 found (avg delta 0.80, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$440.00Aug 1479.7086.40$83.058.1%11.0024
$470.00Aug 1450.2057.10$53.6512.9%41.00--
$487.50Aug 1432.6039.80$36.2019.9%91.008
$495.00Aug 1426.7031.80$29.2517.4%41.00120
$497.50Aug 1423.0029.50$26.2524.8%11.00--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$555.00Aug 1428.5035.70$32.1022.4%20.93--
$540.00Aug 1414.6018.80$16.7025.1%30.89--
$580.00Sep 1154.4061.50$57.9512.3%10.88--
$610.00Sep 1183.0090.70$86.858.9%10.88--
$590.00Sep 1163.1071.00$67.0511.8%10.86--

Most actively traded options today. High liquidity = easy entry/exit. 181 active (total vol 3.7K, top 414)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$520.00Aug 217.3015.60$11.4572.5%4140.56383
$540.00Sep 189.5015.70$12.6049.2%2480.39110
$530.00Aug 142.705.00$3.8559.7%2340.3421
$550.00Sep 186.7010.90$8.8047.7%2270.31400
$565.00Aug 210.003.40$1.70200.0%1470.11--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$470.00Aug 140.001.05$0.53198.1%2500.04373
$510.00Aug 210.955.80$3.38143.5%1090.26277
$510.00Aug 140.002.95$1.48199.3%1040.18--
$500.00Sep 185.9011.00$8.4560.4%930.28249
$505.00Aug 140.003.10$1.55200.0%560.16--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 41 strikes (avg 50.2%, max 168.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$440.00Aug 14Sep 1892.8%34.6%168.4%224
$600.00Aug 14Sep 1879.7%30.1%165.1%958
$470.00Aug 14Sep 1859.4%29.1%104.0%6229
$580.00Aug 14Sep 1852.7%28.6%84.5%845
$480.00Aug 14Sep 1853.0%28.8%84.2%28298
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$440.00Aug 14Sep 1892.8%34.6%168.4%14313
$420.00Aug 21Sep 1891.2%36.9%147.2%38785
$430.00Aug 14Sep 1890.3%37.6%140.1%22166
$470.00Aug 14Sep 1859.4%29.1%104.0%261953
$480.00Aug 14Sep 1853.0%28.8%84.2%7216

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 98 found (best R:R 116.65, avg 11.74)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$575.00$620.00Sep 11$0.45$44.55$0.4599.00$575.45
$565.00$580.00Aug 14$0.17$14.83$0.1787.24$565.17
$580.00$590.00Sep 18$0.20$9.80$0.2049.00$580.20
$565.00$575.00Sep 11$0.23$9.77$0.2342.48$565.23
$545.00$550.00Aug 14$0.23$4.77$0.2320.74$545.23
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$480.00$460.00Aug 28$0.17$19.83$0.17116.65$479.83
$490.00$470.00Sep 4$0.20$19.80$0.2099.00$489.80
$480.00$470.00Aug 21$0.13$9.87$0.1375.92$479.87
$450.00$440.00Sep 18$0.20$9.80$0.2049.00$449.80
$470.00$450.00Aug 14$0.48$19.52$0.4840.67$469.52

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 131 found (best R:R 99.00, avg 4.07)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$440.00$470.00Aug 14$29.40$29.40$0.6049.00$469.40
$450.00$470.00Aug 21$19.60$19.60$0.4049.00$469.60
$440.00$450.00Sep 18$9.75$9.75$0.2539.00$449.75
$430.00$440.00Sep 18$9.65$9.65$0.3527.57$439.65
$470.00$480.00Sep 18$9.60$9.60$0.4024.00$479.60
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$610.00$590.00Sep 11$19.80$19.80$0.2099.00$590.20
$555.00$550.00Aug 28$4.85$4.85$0.1532.33$550.15
$590.00$580.00Sep 11$9.10$9.10$0.9010.11$580.90
$550.00$545.00Aug 28$4.05$4.05$0.954.26$545.95
$545.00$540.00Aug 21$3.95$3.95$1.053.76$541.05

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 46 found (avg debit $1.95, cheapest $0.10)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$620.00Aug 21Sep 11$0.1075.7%44.3%
$470.00Aug 14Aug 21$0.2059.4%37.9%
$480.00Aug 14Aug 21$0.5053.0%33.0%
$580.00Aug 14Aug 21$0.5552.7%37.8%
$560.00Aug 14Aug 21$0.6240.6%29.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$480.00Aug 14Aug 21$0.1053.0%33.0%
$460.00Aug 21Aug 28$0.1349.3%39.3%
$470.00Aug 14Aug 21$0.1759.4%37.9%
$450.00Aug 14Aug 21$0.3356.8%44.9%
$430.00Aug 14Aug 21$0.3590.3%61.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 49 found (cheapest 2.23% of stock, avg 7.40%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$525.00Aug 14$4.72$6.95$11.67$513.33$536.672.23%
$530.00Aug 14$3.85$9.00$12.85$517.15$542.852.45%
$520.00Aug 14$7.60$5.53$13.13$506.87$533.132.51%
$510.00Aug 14$15.05$1.48$16.53$493.47$526.533.16%
$540.00Aug 14$0.73$16.70$17.43$522.57$557.433.33%
$525.00Aug 21$8.70$10.00$18.70$506.30$543.703.57%
$520.00Aug 21$11.45$7.80$19.25$500.75$539.253.67%
$530.00Aug 21$6.85$13.45$20.30$509.70$550.303.87%
$505.00Aug 14$19.30$1.55$20.85$484.15$525.853.98%
$510.00Aug 21$17.75$3.38$21.13$488.87$531.134.03%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 135 found (cheapest 0.24% of stock, avg 2.31%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$540.00$500.00Aug 14$0.73$0.53$1.26$498.74$541.26
$545.00$500.00Aug 14$1.25$0.53$1.78$498.22$546.78
$540.00$510.00Aug 14$0.73$1.48$2.21$507.79$542.21
$540.00$505.00Aug 14$0.73$1.55$2.28$502.72$542.28
$535.00$500.00Aug 14$2.20$0.53$2.73$497.27$537.73
$545.00$510.00Aug 14$1.25$1.48$2.73$507.27$547.73
$545.00$505.00Aug 14$1.25$1.55$2.80$502.20$547.80
$535.00$510.00Aug 14$2.20$1.48$3.68$506.32$538.68
$535.00$505.00Aug 14$2.20$1.55$3.75$501.25$538.75
$540.00$515.00Aug 14$0.73$3.45$4.18$510.82$544.18

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 197 found (best R:R 49.00, avg credit $4.86)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
440/450470/480Sep 18$9.80$0.2049.00$440.20$479.80
470/480500/510Sep 18$9.77$0.2342.48$470.23$509.77
520/525535/540Sep 4$4.85$0.1532.33$520.15$539.85
525/530540/545Sep 4$4.85$0.1532.33$525.15$544.85
545/550575/580Aug 28$4.80$0.2024.00$545.20$579.80
420/430450/460Sep 18$9.60$0.4024.00$420.40$459.60
425/430480/490Aug 21$9.55$0.4521.22$420.45$489.55
470/480490/500Sep 18$9.52$0.4819.83$470.48$499.52
440/450460/470Sep 18$9.50$0.5019.00$440.50$469.50
555/560575/580Aug 28$4.70$0.3015.67$555.30$579.70

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 57 found (best R:R 124.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$545.00$555.00$565.00Sep 11$0.08$9.92124.00
$525.00$530.00$535.00Aug 21$0.05$4.9599.00
$520.00$530.00$540.00Sep 18$0.15$9.8565.67
$555.00$560.00$565.00Aug 14$0.09$4.9154.56
$550.00$560.00$570.00Sep 18$0.28$9.7234.71
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$525.00$530.00$535.00Aug 28$0.05$4.9599.00
$430.00$440.00$450.00Sep 18$0.10$9.9099.00
$480.00$490.00$500.00Sep 18$0.10$9.9099.00
$510.00$515.00$520.00Aug 14$0.11$4.8944.45
$450.00$460.00$470.00Sep 18$0.28$9.7234.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 107 found (best net $-3.05, 91 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$575.00$620.001:2Sep 11-$3.05$41.95
$580.00$620.001:2Aug 21-$5.92$34.08
$580.00$600.001:2Aug 14-$1.47$18.53
$500.00$520.001:2Aug 28-$2.50$17.50
$565.00$580.001:2Aug 14-$0.16$14.84
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$460.00$420.001:2Aug 28-$4.17$35.83
$480.00$460.001:2Aug 28-$1.16$18.84
$530.00$510.001:2Sep 18-$3.00$17.00
$450.00$430.001:2Sep 4-$3.25$16.75
$490.00$470.001:2Sep 4-$3.40$16.60

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 32 found (best yield 2.54%, avg 0.80%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$530.00Sep 18$13.300.471.2%2.54%3.70%3497
$525.00Sep 4$11.600.500.2%2.21%2.42%21
$525.00Aug 28$9.600.490.2%1.83%2.04%812
$540.00Sep 18$9.500.393.1%1.81%4.88%248110
$530.00Sep 4$8.200.451.2%1.57%2.73%3--
$540.00Sep 11$7.800.373.1%1.49%4.56%1--
$535.00Sep 4$7.400.402.1%1.41%3.53%2--
$530.00Aug 28$7.300.431.2%1.39%2.56%407
$550.00Sep 18$6.700.315.0%1.28%6.26%227400
$545.00Sep 11$5.200.334.0%0.99%5.02%13--

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 3,175
Total Puts 1,734
Put/Call Ratio 0.55
Net Difference 1,441

Prior's Put/Call Breakdown

Total Calls 1,132
Total Puts 1,196
Put/Call Ratio 1.06
Net Difference -64

Prior 7-Day Put/Call Summary

Total Calls 11,236
Total Puts 14,414
Average Put/Call Ratio 1.32
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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