Tour v526
VRTX
VERTEX PHARMACEUTICA
$552.06 +4.52%
$550.72 (-0.24%)🌙
as of 08/19 07:13 PM
8/19 19:13

Option Volume

Detail
Current (08/19) 4,860
Calls: 2,380 (49%)
Puts: 2,480 (51%)
Prior (08/18) 2,071
Calls: 1,036 (50%)
Puts: 1,035 (50%)
Current vs Prior +134.67%
Calls: +129.73% (Calls)
Puts: +139.61% (Puts)
Prior 7-Day Total 15,128
Calls: 8,349 (55%)
Puts: 6,779 (45%)
Prior 7-Day Average 2,161
Calls: 1,192 (55%)
Puts: 968 (45%)
Current vs Prior 7-Day Avg +124.88%
Calls: +99.54%
Puts: +156.08%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/19) $6.24M
Calls: $5.13M (82%)
Puts: $1.10M (18%)
Prior (08/18) $3.29M
Calls: $1.55M (47%)
Puts: $1.74M (53%)
Current vs Prior +89.65%
Calls: +231.08%
Puts: -36.45%
Prior 7-Day Total $18.96M
Calls: $13.19M (70%)
Puts: $5.77M (30%)
Prior 7-Day Average $2.71M
Calls: $1.88M (70%)
Puts: $824.2K (30%)
Current vs Prior 7-Day Avg +130.27%
Calls: +172.35%
Puts: +34.06%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/19) 1.04
Prior (08/18) 1.00
Current vs Prior +4.30%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg -5.87%
Sentiment BEARISH

Open Interest

Detail
Current (08/19) 14,575
Calls: 9,611 (66%)
Puts: 4,964 (34%)
Prior (08/18) 9,989
Calls: 6,984 (70%)
Puts: 3,005 (30%)
Current vs Prior +45.91%
Prior 7-Day Total 75,924
Calls: 45,111 (59%)
Puts: 30,813 (41%)
Prior 7-Day Average 10,846
Calls: 6,444 (59%)
Puts: 4,401 (41%)
Current vs Prior 7-Day Avg +34.38%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 2.25% | 4.08%2.25% | 7.44%
Prior 2.38% | 3.79%2.38% | 6.90%
Current vs Prior -5.24% | +7.64%-5.24% | +7.88%
Prior 7-Day Avg 2.33% | 3.61%3.12% | 7.39%
Current vs 7-Day Avg -3.38% | +12.75%-27.92% | +0.80%
Prior 7-Day Eod 2.38% | 3.79%2.38% | 6.90%
Current vs 7-Day Eod -5.24% | +7.64%-5.24% | +7.88%
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 21.34% | 59.51%
Calls: 20.45% | 63.85%
Puts: 22.22% | 55.17%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($5.13M) vs puts ($1.10M). Elevated premium activity with dollar volume up 90% vs prior. Dollar volume significantly above 7-day average (130% higher). Unusually high activity with volume up 135% vs prior - elevated interest.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 4 of results (avg 8.6%, best 7.4%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Sep 18100.00107.70$103.857.4%10.9452
$460.00Sep 1890.4098.00$94.208.1%11.00--
$470.00Aug 2178.1085.80$81.959.4%80.8937
$500.00Aug 2148.1053.00$50.559.7%60.94559
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. 48 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$460.00Sep 1890.4098.00$94.208.1%11.00--
$510.00Aug 2138.1045.80$41.9518.4%20.98101
$530.00Aug 2118.7026.60$22.6534.9%140.96205
$535.00Aug 2114.7021.70$18.2038.5%290.9691
$520.00Aug 2128.2035.90$32.0524.0%120.95130
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$560.00Aug 216.1011.40$8.7560.6%20.76--
$575.00Sep 423.0030.80$26.9029.0%20.76--
$570.00Aug 2817.7025.00$21.3534.2%100.74--
$555.00Aug 212.8510.40$6.63113.9%10.60--
$560.00Sep 1817.1025.00$21.0537.5%10.56--

Most actively traded options today. High liquidity = easy entry/exit. 145 active (total vol 3.4K, top 486)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Aug 214.107.50$5.8058.6%2110.53446
$565.00Aug 280.609.70$5.15176.7%1620.329
$590.00Oct 24.8012.00$8.4085.7%1480.27--
$550.00Aug 288.1015.00$11.5559.7%800.5413
$560.00Aug 210.353.30$1.83161.2%510.2437
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$530.00Aug 210.002.10$1.05200.0%4860.12112
$540.00Aug 210.052.25$1.15191.3%4670.1812
$470.00Sep 180.001.60$0.80200.0%2000.04719
$550.00Sep 1813.3020.10$16.7040.7%600.472
$470.00Sep 110.002.75$1.38199.3%580.052

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 40.8%, max 158.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$525.00Aug 21Sep 1173.0%28.3%158.0%2495
$565.00Aug 21Aug 2853.8%29.6%81.7%16465
$545.00Aug 21Sep 2538.3%28.5%34.2%3444
$550.00Aug 21Sep 1835.4%27.9%27.0%246932
$560.00Aug 21Sep 1833.4%28.9%15.5%67174
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$550.00Aug 21Sep 1835.4%27.9%27.0%6467
$545.00Aug 21Aug 2838.3%31.5%21.7%3011
$540.00Aug 21Sep 1828.7%28.5%0.6%47312

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 77 found (best R:R 5.06, avg 7.54)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$560.00$570.00Sep 18$1.65$8.35$1.6544%5.06$561.65
$555.00$560.00Aug 28$0.30$4.70$0.3046%15.67$555.30
$525.00$530.00Aug 21$3.10$1.90$3.1084%0.61$528.10
$550.00$555.00Aug 21$1.07$3.93$1.0753%3.67$551.07
$555.00$560.00Sep 4$1.45$3.55$1.4551%2.45$556.45
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$555.00$550.00Aug 21$1.06$3.94$1.0660%3.72$553.94
$560.00$555.00Aug 21$2.12$2.88$2.1276%1.36$557.88
$500.00$490.00Sep 18$0.13$9.87$0.1312%75.92$499.87
$500.00$485.00Sep 25$1.02$13.98$1.0216%13.71$498.98
$550.00$545.00Aug 28$1.30$3.70$1.3046%2.85$548.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 61 found (best R:R 1.08, avg 0.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$565.00$570.00Aug 21$2.60$2.60$2.4075%1.08$567.60
$590.00$600.00Sep 18$3.05$3.05$6.9578%0.44$593.05
$560.00$565.00Aug 28$3.35$3.35$1.6559%2.03$563.35
$570.00$590.00Sep 25$7.25$7.25$12.7561%0.57$577.25
$560.00$570.00Sep 11$5.15$5.15$4.8556%1.06$565.15
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$545.00$540.00Aug 21$2.70$2.70$2.3064%1.17$542.30
$510.00$505.00Sep 4$1.60$1.60$3.4088%0.47$508.40
$495.00$490.00Sep 11$1.40$1.40$3.6090%0.39$493.60
$485.00$475.00Oct 2$1.87$1.87$8.1388%0.23$483.13
$520.00$500.00Sep 18$3.82$3.82$16.1877%0.24$516.18

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $4.24, cheapest $4.07)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$555.00Aug 21Aug 28$4.0742.8%29.4%
$545.00Aug 21Aug 28$4.4038.3%31.5%
$550.00Aug 21Aug 28$5.7535.4%28.9%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$545.00Aug 21Aug 28$3.7038.3%31.5%
$550.00Aug 21Aug 28$3.2835.4%28.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 29 found (cheapest 1.92% of stock, avg 5.76%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$560.00Aug 21$1.83$8.75$10.58$549.42$570.581.92%
$550.00Aug 21$5.80$5.57$11.37$538.63$561.372.06%
$555.00Aug 21$4.73$6.63$11.36$543.64$566.362.06%
$545.00Aug 21$10.05$3.85$13.90$531.10$558.902.52%
$540.00Aug 21$14.25$1.15$15.40$524.60$555.402.79%
$535.00Aug 21$18.20$1.05$19.25$515.75$554.253.49%
$550.00Aug 28$11.55$8.85$20.40$529.60$570.403.70%
$545.00Aug 28$14.45$7.55$22.00$523.00$567.003.99%
$540.00Aug 28$17.40$5.65$23.05$516.95$563.054.18%
$530.00Aug 21$22.65$1.05$23.70$506.30$553.704.29%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 121 found (cheapest 0.30% of stock, avg 2.31%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$570.00$530.00Aug 21$0.60$1.05$1.65$528.35$571.65
$570.00$535.00Aug 21$0.60$1.05$1.65$533.35$571.65
$570.00$540.00Aug 21$0.60$1.15$1.75$538.25$571.75
$580.00$530.00Aug 21$1.02$1.05$2.07$527.93$582.07
$580.00$535.00Aug 21$1.02$1.05$2.07$532.93$582.07
$580.00$540.00Aug 21$1.02$1.15$2.17$537.83$582.17
$560.00$540.00Aug 21$1.83$1.15$2.98$537.02$562.98
$560.00$535.00Aug 21$1.83$1.05$2.88$532.12$562.88
$560.00$530.00Aug 21$1.83$1.05$2.88$527.12$562.88
$565.00$540.00Aug 21$3.20$1.15$4.35$535.65$569.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 56 found (best R:R 1.94, avg credit $2.80)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
460/462565/570Aug 21$3.30$1.7063%1.94$459.20$568.30
508/510565/570Aug 21$3.00$2.0068%1.50$507.00$568.00
480/490590/600Sep 18$4.57$5.4368%0.84$485.43$594.57
480/490580/590Sep 18$5.32$4.6859%1.14$484.68$585.32
520/530590/600Sep 18$6.30$3.7047%1.70$523.70$596.30
520/530580/590Sep 18$7.05$2.9539%2.39$522.95$587.05
512/520565/570Aug 21$3.50$4.0064%0.88$516.50$568.50
470/480590/600Sep 18$3.48$6.5272%0.53$476.52$593.48
518/522570/575Aug 28$2.78$2.2258%1.25$519.72$572.78
470/480580/590Sep 18$4.23$5.7764%0.73$475.77$584.23

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 39 found (best R:R 65.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$510.00$525.00$540.00Sep 11$1.35$13.6523%10.11
$540.00$550.00$560.00Sep 18$0.50$9.5017%19.00
$540.00$545.00$550.00Aug 28$0.05$4.9514%99.00
$545.00$550.00$555.00Aug 28$0.15$4.8515%32.33
$580.00$590.00$600.00Sep 18$0.75$9.2518%12.33
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$540.00$550.00$560.00Sep 18$0.15$9.8518%65.67
$510.00$525.00$540.00Sep 11$1.19$13.8123%11.61
$530.00$535.00$540.00Aug 21$0.10$4.906%49.00
$460.00$470.00$480.00Sep 18$0.31$9.693%31.26
$550.00$555.00$560.00Aug 21$1.06$3.9427%3.72

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 81 found (best net $-20.10, 59 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$460.00$500.001:2Sep 18-$20.10$19.90
$545.00$570.001:2Sep 25-$1.40$23.60
$560.00$570.001:2Sep 11-$2.05$7.95
$545.00$550.001:2Aug 21-$1.55$3.45
$580.00$590.001:2Sep 18-$1.75$8.25
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$540.00$522.501:2Sep 4-$0.61$16.89
$540.00$525.001:2Sep 11-$1.46$13.54
$525.00$510.001:2Sep 11-$0.02$14.98
$485.00$475.001:2Oct 2-$0.26$9.74
$530.00$522.501:2Aug 28-$1.20$6.30

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 25 found (best yield 1.81%, avg 0.84%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$570.00Sep 18$10.000.383.2%1.81%5.06%980
$570.00Sep 25$9.700.393.2%1.76%5.01%4--
$580.00Oct 2$7.100.335.1%1.29%6.35%10--
$560.00Sep 18$12.100.451.4%2.19%3.63%16137
$580.00Sep 18$6.500.315.1%1.18%6.24%44163
$590.00Oct 2$4.800.276.9%0.87%7.74%148--
$590.00Sep 25$3.000.246.9%0.54%7.42%1--
$560.00Sep 11$8.500.441.4%1.54%2.98%1--
$555.00Sep 11$10.400.490.5%1.88%2.42%1--
$590.00Sep 18$2.200.226.9%0.40%7.27%1816

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 2,380
Total Puts 2,480
Put/Call Ratio 1.04
Net Difference -100

Prior's Put/Call Breakdown

Total Calls 1,036
Total Puts 1,035
Put/Call Ratio 1.00
Net Difference 1

Prior 7-Day Put/Call Summary

Total Calls 8,349
Total Puts 6,779
Average Put/Call Ratio 1.11
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All