Tour v505
VRTX
VERTEX PHARMACEUTICA
$525.73 -0.74%
$526.99 (+0.24%)🌙
as of 08/12 07:15 PM
8/12 19:15

Option Volume

Detail
Current (08/12) 1,046
Calls: 762 (73%)
Puts: 284 (27%)
Prior (08/11) 1,776
Calls: 565 (32%)
Puts: 1,211 (68%)
Current vs Prior -41.10%
Calls: +34.87% (Calls)
Puts: -76.55% (Puts)
Prior 7-Day Total 28,281
Calls: 13,531 (48%)
Puts: 14,750 (52%)
Prior 7-Day Average 4,040
Calls: 1,933 (48%)
Puts: 2,107 (52%)
Current vs Prior 7-Day Avg -74.11%
Calls: -60.58%
Puts: -86.52%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/12) $1.96M
Calls: $1.78M (91%)
Puts: $183.3K (9%)
Prior (08/11) $2.23M
Calls: $1.40M (63%)
Puts: $830.7K (37%)
Current vs Prior -12.07%
Calls: +26.91%
Puts: -77.93%
Prior 7-Day Total $28.15M
Calls: $15.57M (55%)
Puts: $12.58M (45%)
Prior 7-Day Average $4.02M
Calls: $2.22M (55%)
Puts: $1.80M (45%)
Current vs Prior 7-Day Avg -51.16%
Calls: -19.93%
Puts: -89.80%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/12) 0.37
Prior (08/11) 2.14
Current vs Prior -82.61%
Prior 7-Day Average 1.18
Current vs Prior 7-Day Avg -68.42%
Sentiment BULLISH

Open Interest

Detail
Current (08/12) 6,992
Calls: 3,804 (54%)
Puts: 3,188 (46%)
Prior (08/11) 12,417
Calls: 5,749 (46%)
Puts: 6,668 (54%)
Current vs Prior -43.69%
Prior 7-Day Total 141,120
Calls: 67,056 (48%)
Puts: 74,064 (52%)
Prior 7-Day Average 20,160
Calls: 9,579 (48%)
Puts: 10,580 (52%)
Current vs Prior 7-Day Avg -65.32%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 1.88% | 3.13%3.13% | 7.45%
Prior 2.15% | 3.51%3.51% | 7.38%
Current vs Prior -12.69% | -10.90%-10.90% | +0.88%
Prior 7-Day Avg 3.21% | 5.02%5.86% | 9.80%
Current vs 7-Day Avg -41.52% | -37.73%-46.63% | -23.98%
Prior 7-Day Eod 2.15% | 3.51%3.51% | 7.38%
Current vs 7-Day Eod -12.69% | -10.90%-10.90% | +0.88%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 21.34% | 59.51%
Calls: 20.45% | 63.85%
Puts: 22.22% | 55.17%
Prior 21.34% | 59.51%
Calls: 20.45% | 63.85%
Puts: 22.22% | 55.17%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 17.27% | 30.10%
Calls: 16.98% | 33.14%
Puts: 17.56% | 27.08%
Current vs 7-Day Avg +23.58% | +97.69%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 91% of dollar volume in calls ($1.78M) vs puts ($183.3K). Below-average activity with volume down 41% vs prior. Extreme bullish P/C ratio of 0.37 - heavy call buying (762 calls vs 284 puts). P/C ratio dropping 83% - 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 NEUTRAL
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 1 of results (avg 7.9%, best 7.9%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$430.00Sep 1894.00101.70$97.857.9%30.9738
PUTS (0)
No puts meet the criteria

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. 31 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$505.00Aug 1417.1023.20$20.1530.3%61.00--
$502.50Aug 1419.7027.20$23.4532.0%181.00--
$430.00Sep 1894.00101.70$97.857.9%30.9738
$480.00Aug 2142.5050.40$46.4517.0%10.96130
$490.00Aug 1432.0040.00$36.0022.2%30.95--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$530.00Aug 142.6010.60$6.60121.2%100.6421
$535.00Aug 2811.2019.00$15.1051.7%10.61--
$530.00Aug 216.9010.30$8.6039.5%10.57--
$530.00Sep 1814.3021.70$18.0041.1%50.5210
$525.00Aug 141.405.20$3.30115.2%10.50--

Most actively traded options today. High liquidity = easy entry/exit. 84 active (total vol 807, top 70)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Aug 210.603.50$2.05141.5%700.17--
$530.00Aug 284.8013.00$8.9092.1%700.45--
$530.00Aug 212.409.40$5.90118.6%680.43120
$510.00Aug 1412.0019.40$15.7047.1%530.9363
$515.00Aug 147.5015.20$11.3567.8%510.805
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$487.50Aug 210.002.70$1.35200.0%320.09--
$525.00Aug 213.109.10$6.1098.4%250.4724
$470.00Sep 180.004.30$2.15200.0%140.10706
$530.00Aug 142.6010.60$6.60121.2%100.6421
$520.00Aug 140.402.30$1.35140.7%90.2721

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 3 strikes (avg 29.6%, max 40.1%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$530.00Aug 14Aug 2834.8%24.9%40.1%71173
$535.00Aug 14Aug 2128.0%23.4%19.5%5339
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$530.00Aug 14Sep 1834.8%26.9%29.3%1531

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 44 found (best R:R 37.46, avg 15.00)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$525.00$530.00Aug 14$0.13$4.87$0.1351%37.46$525.13
$540.00$550.00Sep 18$1.75$8.25$1.7539%4.71$541.75
$510.00$525.00Sep 11$8.35$6.65$8.3569%0.80$518.35
$560.00$580.00Aug 21$0.12$19.88$0.128%165.67$560.12
$570.00$580.00Sep 18$0.65$9.35$0.6518%14.38$570.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$525.00$520.00Aug 21$1.00$4.00$1.0046%4.00$524.00
$515.00$495.00Aug 14$1.11$18.89$1.1122%17.02$513.89
$520.00$510.00Sep 18$3.30$6.70$3.3042%2.03$516.70
$480.00$450.00Aug 21$0.22$29.78$0.224%135.36$479.78
$515.00$500.00Aug 21$1.93$13.07$1.9328%6.77$513.07

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 34 found (best R:R 0.62, avg 0.27)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$530.00$535.00Aug 14$2.15$2.15$2.8564%0.75$532.15
$580.00$590.00Sep 18$1.62$1.62$8.3885%0.19$581.62
$550.00$560.00Aug 21$1.25$1.25$8.7583%0.14$551.25
$550.00$560.00Sep 18$2.97$2.97$7.0368%0.42$552.97
$535.00$540.00Aug 14$0.50$0.50$4.5082%0.11$535.50
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$435.00$430.00Aug 14$1.92$1.92$3.0893%0.62$433.08
$525.00$500.00Sep 4$8.20$8.20$16.8053%0.49$516.80
$500.00$495.00Aug 21$1.10$1.10$3.9087%0.28$498.90
$487.50$480.00Aug 21$0.85$0.85$6.6591%0.13$486.65
$470.00$440.00Sep 18$1.45$1.45$28.5590%0.05$468.55

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $5.28, cheapest $2.00)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$530.00Aug 14Aug 21$2.7534.8%23.1%
$525.00Aug 14Sep 11$13.5721.8%24.2%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$530.00Aug 14Aug 21$2.0034.8%23.1%
$525.00Aug 14Aug 21$2.8021.8%20.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 11 found (cheapest 1.25% of stock, avg 4.60%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$525.00Aug 14$3.28$3.30$6.58$518.42$531.581.25%
$520.00Aug 14$7.25$1.35$8.60$511.40$528.601.64%
$530.00Aug 14$3.15$6.60$9.75$520.25$539.751.85%
$515.00Aug 14$11.35$1.68$13.03$501.97$528.032.48%
$530.00Aug 21$5.90$8.60$14.50$515.50$544.502.76%
$500.00Aug 21$26.95$1.55$28.50$471.50$528.505.42%
$525.00Sep 11$16.85$13.80$30.65$494.35$555.655.83%
$495.00Aug 21$32.00$0.45$32.45$462.55$527.456.17%
$520.00Sep 18$21.15$12.90$34.05$485.95$554.056.48%
$500.00Sep 18$34.05$6.70$40.75$459.25$540.757.75%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 83 found (cheapest 0.19% of stock, avg 1.64%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$545.00$495.00Aug 14$0.43$0.57$1.00$494.00$546.00
$540.00$495.00Aug 14$0.50$0.57$1.07$493.93$541.07
$555.00$495.00Aug 14$0.63$0.57$1.20$493.80$556.20
$535.00$495.00Aug 14$1.00$0.57$1.57$493.43$536.57
$560.00$487.50Aug 21$0.80$1.35$2.15$485.35$562.15
$545.00$520.00Aug 14$0.43$1.35$1.78$518.22$546.78
$540.00$520.00Aug 14$0.50$1.35$1.85$518.15$541.85
$540.00$515.00Aug 14$0.50$1.68$2.18$512.82$542.18
$545.00$515.00Aug 14$0.43$1.68$2.11$512.89$547.11
$560.00$500.00Aug 21$0.80$1.55$2.35$497.65$562.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 44 found (best R:R 0.72, avg credit $2.54)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
430/435545/550Aug 14$2.10$2.9086%0.72$432.90$547.10
430/435535/540Aug 14$2.42$2.5876%0.94$432.58$537.42
480/490580/590Sep 18$3.12$6.8866%0.45$486.88$583.12
490/500580/590Sep 18$3.77$6.2360%0.61$496.23$583.77
470/480580/590Sep 18$2.52$7.4872%0.34$477.48$582.52
500/510580/590Sep 18$4.52$5.4852%0.82$505.48$584.52
495/500535/540Aug 21$1.95$3.0554%0.64$498.05$536.95
480/488550/560Aug 21$2.10$7.9074%0.27$485.40$552.10
480/490550/560Sep 18$4.47$5.5350%0.81$485.53$554.47
490/500550/560Sep 18$5.12$4.8843%1.05$494.88$555.12

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 20 found (best R:R 7.51, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$500.00$520.00$540.00Sep 18$2.35$17.6536%7.51
$515.00$520.00$525.00Aug 14$0.13$4.8729%37.46
$505.00$510.00$515.00Aug 14$0.10$4.9020%49.00
$510.00$515.00$520.00Aug 14$0.25$4.7517%19.00
$480.00$485.00$490.00Aug 14$0.10$4.904%49.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$500.00$510.00$520.00Sep 18$0.40$9.6017%24.00
$490.00$500.00$510.00Sep 18$0.75$9.2515%12.33
$480.00$490.00$500.00Sep 18$0.65$9.3512%14.38
$470.00$480.00$490.00Sep 18$0.60$9.409%15.67
$520.00$525.00$530.00Aug 14$1.35$3.6537%2.70

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 54 found (best net $-0.05, 38 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$520.00$540.001:2Sep 18-$0.05$19.95
$525.00$540.001:2Sep 11-$0.05$14.95
$500.00$520.001:2Sep 18-$8.25$11.75
$500.00$515.001:2Aug 28-$6.50$8.50
$520.00$530.001:2Aug 28-$3.05$6.95
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$530.00$525.001:2Aug 14$0.00$5.00
$480.00$450.001:2Aug 21-$0.06$29.94
$495.00$440.001:2Aug 14-$3.73$51.27
$490.00$480.001:2Sep 18-$1.55$8.45
$480.00$470.001:2Sep 18-$1.25$8.75

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 17 found (best yield 1.71%, avg 0.52%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$540.00Sep 18$9.000.392.7%1.71%4.43%3242
$550.00Sep 18$5.600.324.6%1.07%5.68%2237
$560.00Sep 18$2.850.246.5%0.54%7.06%21--
$540.00Sep 11$5.800.362.7%1.10%3.82%13
$580.00Sep 18$2.600.1510.3%0.49%10.82%1--
$545.00Sep 11$3.900.323.7%0.74%4.41%1112
$570.00Sep 18$1.700.188.4%0.32%8.74%2--
$540.00Sep 4$3.100.352.7%0.59%3.30%11
$555.00Sep 11$0.900.245.6%0.17%5.74%24
$590.00Sep 18$0.550.1012.2%0.10%12.33%114

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 762
Total Puts 284
Put/Call Ratio 0.37
Net Difference 478

Prior's Put/Call Breakdown

Total Calls 565
Total Puts 1,211
Put/Call Ratio 2.14
Net Difference -646

Prior 7-Day Put/Call Summary

Total Calls 13,531
Total Puts 14,750
Average Put/Call Ratio 1.18
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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