Tour v509
VRTX
VERTEX PHARMACEUTICA
$528.19 +2.45%
$529.91 (+0.32%)🌙
as of 08/18 07:13 PM
8/18 19:13

Option Volume

Detail
Current (08/18) 2,071
Calls: 1,036 (50%)
Puts: 1,035 (50%)
Prior (08/17) 1,312
Calls: 417 (32%)
Puts: 895 (68%)
Current vs Prior +57.85%
Calls: +148.44% (Calls)
Puts: +15.64% (Puts)
Prior 7-Day Total 15,385
Calls: 8,445 (55%)
Puts: 6,940 (45%)
Prior 7-Day Average 2,197
Calls: 1,206 (55%)
Puts: 991 (45%)
Current vs Prior 7-Day Avg -5.77%
Calls: -14.13%
Puts: +4.39%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/18) $3.29M
Calls: $1.55M (47%)
Puts: $1.74M (53%)
Prior (08/17) $996.9K
Calls: $590.4K (59%)
Puts: $406.5K (41%)
Current vs Prior +229.93%
Calls: +162.60%
Puts: +327.70%
Prior 7-Day Total $17.58M
Calls: $12.89M (73%)
Puts: $4.69M (27%)
Prior 7-Day Average $2.51M
Calls: $1.84M (73%)
Puts: $669.5K (27%)
Current vs Prior 7-Day Avg +30.97%
Calls: -15.83%
Puts: +159.72%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/18) 1.00
Prior (08/17) 2.15
Current vs Prior -53.45%
Prior 7-Day Average 1.12
Current vs Prior 7-Day Avg -10.42%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/18) 9,989
Calls: 6,984 (70%)
Puts: 3,005 (30%)
Prior (08/17) 9,059
Calls: 5,202 (57%)
Puts: 3,857 (43%)
Current vs Prior +10.27%
Prior 7-Day Total 81,869
Calls: 45,816 (56%)
Puts: 36,053 (44%)
Prior 7-Day Average 11,695
Calls: 6,545 (56%)
Puts: 5,150 (44%)
Current vs Prior 7-Day Avg -14.59%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 2.38% | 3.79%2.38% | 6.90%
Prior 2.77% | 3.61%2.77% | 7.00%
Current vs Prior -14.34% | +4.95%-14.34% | -1.45%
Prior 7-Day Avg 2.51% | 3.89%3.60% | 7.78%
Current vs 7-Day Avg -5.47% | -2.67%-34.01% | -11.26%
Prior 7-Day Eod 2.77% | 3.61%2.77% | 7.00%
Current vs 7-Day Eod -14.34% | +4.95%-14.34% | -1.45%
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 20.53% | 53.63%
Calls: 19.76% | 57.71%
Puts: 21.29% | 49.55%
Current vs 7-Day Avg +3.97% | +10.97%
Liquidity Expensive
+
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🤖 AI Insights

Massive premium surge with dollar volume up 230% vs prior. Above-average activity with volume up 58% vs prior. P/C ratio dropping 53% - sentiment shifting bullish. Call-heavy open interest (6,984 calls vs 3,005 puts) suggests bullish positioning.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
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 -- of results (avg --%, best --%)

No options available for this category

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. 22 found (avg delta 0.73, highest 0.96)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$480.00Aug 2144.6051.70$48.1514.7%70.96--
$490.00Aug 2134.6041.80$38.2018.8%10.95--
$477.50Aug 2147.1054.20$50.6514.0%10.954
$500.00Aug 2126.3030.40$28.3514.5%20.93--
$510.00Aug 2115.3022.50$18.9038.1%540.89106
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$575.00Aug 2143.5049.70$46.6013.3%120.86--
$540.00Aug 2111.3015.30$13.3030.1%100.812
$535.00Aug 216.9013.00$9.9561.3%40.72--
$530.00Aug 213.607.80$5.7073.7%220.53100

Most actively traded options today. High liquidity = easy entry/exit. 90 active (total vol 1.1K, top 112)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$540.00Aug 211.102.05$1.5860.1%1120.21291
$510.00Aug 2115.3022.50$18.9038.1%540.89106
$525.00Aug 213.1010.60$6.85109.5%510.5942
$530.00Sep 1813.6019.80$16.7037.1%490.52248
$545.00Aug 210.001.00$0.50200.0%410.0946
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$520.00Sep 114.6013.90$9.25100.5%690.39--
$497.50Sep 40.105.80$2.95193.2%620.17--
$490.00Sep 40.601.85$1.23101.6%420.096
$502.50Aug 280.002.45$1.23199.2%400.112
$495.00Sep 40.005.10$2.55200.0%320.1516

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 31.8%, max 71.6%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$525.00Aug 21Sep 1141.6%24.3%71.6%5258
$540.00Aug 21Sep 1828.4%24.0%18.4%120537
$530.00Aug 21Sep 1827.9%23.9%16.7%62454
$520.00Aug 21Sep 1831.6%29.5%7.1%36507
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$525.00Aug 21Aug 2841.6%25.0%66.3%647
$520.00Aug 21Sep 2531.6%28.4%11.0%2222

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 49 found (best R:R 9.31, avg 6.09)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$550.00$560.00Sep 18$0.97$9.03$0.9731%9.31$550.97
$530.00$555.00Sep 11$6.70$18.30$6.7049%2.73$536.70
$530.00$535.00Aug 28$1.30$3.70$1.3049%2.85$531.30
$535.00$540.00Aug 28$0.95$4.05$0.9540%4.26$535.95
$540.00$550.00Sep 4$1.97$8.03$1.9734%4.08$541.97
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$510.00$505.00Aug 28$0.41$4.59$0.4119%11.20$509.59
$512.50$510.00Aug 28$0.17$2.33$0.1721%13.71$512.33
$510.00$500.00Sep 18$2.12$7.88$2.1229%3.72$507.88
$525.00$520.00Aug 28$1.60$3.40$1.6042%2.12$523.40
$500.00$490.00Sep 18$1.53$8.47$1.5322%5.54$498.47

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 48 found (best R:R 1.13, avg 0.55)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$550.00$555.00Sep 4$2.58$2.58$2.4275%1.07$552.58
$530.00$535.00Sep 4$3.60$3.60$1.4053%2.57$533.60
$560.00$570.00Sep 18$3.13$3.13$6.8774%0.46$563.13
$530.00$540.00Sep 18$6.05$6.05$3.9548%1.53$536.05
$530.00$535.00Aug 21$2.67$2.67$2.3353%1.15$532.67
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$520.00$510.00Sep 18$5.30$5.30$4.7061%1.13$514.70
$525.00$520.00Aug 21$3.55$3.55$1.4558%2.45$521.45
$460.00$455.00Sep 4$1.85$1.85$3.1590%0.59$458.15
$500.00$495.00Sep 25$2.55$2.55$2.4574%1.04$497.45
$520.00$517.50Aug 28$1.80$1.80$0.7066%2.57$518.20

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $2.43, cheapest $0.85)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$525.00Aug 21Aug 28$5.3041.6%25.0%
$530.00Aug 21Aug 28$3.0827.9%24.1%
$527.50Aug 28Sep 4$0.5026.2%22.8%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$525.00Aug 21Aug 28$0.8541.6%25.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 14 found (cheapest 1.97% of stock, avg 4.25%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$530.00Aug 21$4.72$5.70$10.42$519.58$540.421.97%
$535.00Aug 21$2.05$9.95$12.00$523.00$547.002.27%
$525.00Aug 21$6.85$6.05$12.90$512.10$537.902.44%
$520.00Aug 21$11.45$2.50$13.95$506.05$533.952.64%
$540.00Aug 21$1.58$13.30$14.88$525.12$554.882.82%
$527.50Aug 28$10.30$8.45$18.75$508.75$546.253.55%
$525.00Aug 28$12.15$6.90$19.05$505.95$544.053.61%
$510.00Aug 21$18.90$0.85$19.75$490.25$529.753.74%
$520.00Aug 28$15.05$5.30$20.35$499.65$540.353.85%
$507.50Aug 21$21.55$1.48$23.03$484.47$530.534.36%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 102 found (cheapest 0.25% of stock, avg 1.81%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$550.00$512.50Aug 21$0.45$0.85$1.30$511.20$551.30
$545.00$512.50Aug 21$0.50$0.85$1.35$511.15$546.35
$550.00$515.00Aug 21$0.45$1.23$1.68$513.32$551.68
$545.00$515.00Aug 21$0.50$1.23$1.73$513.27$546.73
$545.00$507.50Aug 21$0.50$1.48$1.98$505.52$546.98
$550.00$507.50Aug 21$0.45$1.48$1.93$505.57$551.93
$540.00$512.50Aug 21$1.58$0.85$2.43$510.07$542.43
$540.00$515.00Aug 21$1.58$1.23$2.81$512.19$542.81
$540.00$507.50Aug 21$1.58$1.48$3.06$504.44$543.06
$535.00$512.50Aug 21$2.05$0.85$2.90$509.60$537.90

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 67 found (best R:R 7.77, avg credit $2.34)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
455/460550/555Sep 4$4.43$0.5765%7.77$455.57$554.43
490/492550/555Sep 4$3.55$1.4562%2.45$488.95$553.55
492/495550/555Sep 4$2.93$2.0760%1.42$492.07$552.93
495/498550/555Sep 4$2.98$2.0258%1.48$494.52$552.98
480/490560/570Sep 18$4.85$5.1558%0.94$485.15$564.85
470/480560/570Sep 18$4.01$5.9963%0.67$475.99$564.01
518/520550/555Aug 28$2.92$2.0846%1.40$517.08$552.92
498/500540/545Aug 21$1.63$3.3772%0.48$498.37$541.63
502/505550/555Aug 28$1.96$3.0465%0.64$503.04$551.96
518/520545/550Aug 28$3.23$1.7739%1.82$516.77$548.23

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 24 found (best R:R 19.83, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$540.00$545.00$550.00Aug 28$0.24$4.7615%19.83
$545.00$550.00$555.00Aug 28$0.31$4.6914%15.13
$480.00$490.00$500.00Aug 21$0.10$9.903%99.00
$530.00$535.00$540.00Aug 28$0.35$4.6515%13.29
$510.00$520.00$530.00Sep 18$1.30$8.7019%6.69
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$490.00$500.00$510.00Sep 18$0.59$9.4113%15.95
$492.50$495.00$497.50Sep 4$0.05$2.454%49.00
$510.00$512.50$515.00Aug 21$0.38$2.125%5.58
$470.00$480.00$490.00Sep 18$0.84$9.169%10.90
$507.50$510.00$512.50Aug 21$0.63$1.872%2.97

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 59 found (best net $-4.00, 46 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$510.00$520.001:2Aug 21-$4.00$6.00
$490.00$510.001:2Sep 18-$12.65$7.35
$520.00$525.001:2Aug 21-$2.25$2.75
$550.00$555.001:2Aug 28-$0.21$4.79
$540.00$550.001:2Sep 18-$3.35$6.65
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$520.00$500.001:2Sep 25-$2.30$17.70
$510.00$497.501:2Sep 4-$0.10$12.40
$535.00$530.001:2Aug 21-$1.45$3.55
$520.00$510.001:2Sep 18-$2.60$7.40
$502.50$492.501:2Aug 28-$0.27$9.73

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 19 found (best yield 2.57%, avg 0.77%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$530.00Sep 18$13.600.520.3%2.57%2.92%49248
$540.00Sep 18$8.700.422.2%1.65%3.88%8246
$530.00Sep 11$10.800.490.3%2.04%2.39%3--
$550.00Sep 18$4.500.314.1%0.85%4.98%6483
$560.00Sep 18$2.950.266.0%0.56%6.58%27116
$555.00Sep 11$3.300.265.1%0.62%5.70%16
$530.00Sep 4$8.500.470.3%1.61%1.95%1--
$535.00Sep 4$6.400.401.3%1.21%2.50%92
$570.00Sep 18$1.400.167.9%0.27%8.18%1270
$550.00Sep 4$1.550.254.1%0.29%4.42%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 1,036
Total Puts 1,035
Put/Call Ratio 1.00
Net Difference 1

Prior's Put/Call Breakdown

Total Calls 417
Total Puts 895
Put/Call Ratio 2.15
Net Difference -478

Prior 7-Day Put/Call Summary

Total Calls 8,445
Total Puts 6,940
Average Put/Call Ratio 1.12
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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