Tour v526
VRTX
VERTEX PHARMACEUTICA
$547.29 -1.01%
$545.63 (-0.30%)🌙
as of 08/26 07:14 PM
8/26 19:14

Option Volume

Detail
Current (08/26) 991
Calls: 711 (72%)
Puts: 280 (28%)
Prior (08/25) 804
Calls: 468 (58%)
Puts: 336 (42%)
Current vs Prior +23.26%
Calls: +51.92% (Calls)
Puts: -16.67% (Puts)
Prior 7-Day Total 14,817
Calls: 8,009 (54%)
Puts: 6,808 (46%)
Prior 7-Day Average 2,116
Calls: 1,144 (54%)
Puts: 972 (46%)
Current vs Prior 7-Day Avg -53.18%
Calls: -37.86%
Puts: -71.21%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/26) $1.61M
Calls: $1.33M (83%)
Puts: $279.3K (17%)
Prior (08/25) $2.37M
Calls: $2.01M (85%)
Puts: $361.4K (15%)
Current vs Prior -32.18%
Calls: -33.88%
Puts: -22.72%
Prior 7-Day Total $20.79M
Calls: $15.66M (75%)
Puts: $5.13M (25%)
Prior 7-Day Average $2.97M
Calls: $2.24M (75%)
Puts: $733.2K (25%)
Current vs Prior 7-Day Avg -45.81%
Calls: -40.54%
Puts: -61.90%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/26) 0.39
Prior (08/25) 0.72
Current vs Prior -45.15%
Prior 7-Day Average 1.03
Current vs Prior 7-Day Avg -61.64%
Sentiment BULLISH

Open Interest

Detail
Current (08/26) 5,872
Calls: 3,762 (64%)
Puts: 2,110 (36%)
Prior (08/25) 8,823
Calls: 5,411 (61%)
Puts: 3,412 (39%)
Current vs Prior -33.45%
Prior 7-Day Total 70,758
Calls: 45,259 (64%)
Puts: 25,499 (36%)
Prior 7-Day Average 10,108
Calls: 6,465 (64%)
Puts: 3,642 (36%)
Current vs Prior 7-Day Avg -41.91%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 2.37% | 3.56%5.94% | 9.46%
Prior 2.35% | 4.10%6.03% | 9.33%
Current vs Prior +0.63% | -13.03%-1.56% | +1.41%
Prior 7-Day Avg 2.60% | 4.01%2.83% | 7.60%
Current vs 7-Day Avg -9.00% | -11.22%+109.92% | +24.55%
Prior 7-Day Eod 2.35% | 4.10%6.03% | 9.33%
Current vs 7-Day Eod +0.63% | -13.03%-1.56% | +1.41%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 53.36% | 9.83%
Calls: 27.85% | 9.76%
Puts: 78.87% | 9.90%
Prior 53.36% | 9.83%
Calls: 27.85% | 9.76%
Puts: 78.87% | 9.90%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 25.91% | 52.41%
Calls: 21.51% | 56.12%
Puts: 30.31% | 48.70%
Current vs 7-Day Avg +105.91% | -81.25%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 83% of dollar volume in calls ($1.33M) vs puts ($279.3K). Extreme bullish P/C ratio of 0.39 - heavy call buying (711 calls vs 280 puts). P/C ratio dropping 45% - sentiment shifting bullish. Call-heavy open interest (3,762 calls vs 2,110 puts) suggests bullish positioning.

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 BULLISH
7-Day Avg NEUTRAL
Current BULLISH
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 -- 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. 17 found (avg delta 0.67, highest 0.94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$515.00Sep 430.4037.20$33.8020.1%20.946
$490.00Sep 1856.4064.70$60.5513.7%10.93--
$517.50Aug 2826.2034.60$30.4027.6%10.91--
$525.00Sep 1827.7034.20$30.9521.0%10.75--
$535.00Sep 414.0022.00$18.0044.4%30.719
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$570.00Sep 1824.5030.40$27.4521.5%20.68--
$555.00Sep 1112.6019.60$16.1043.5%10.58--
$555.00Sep 1814.0022.70$18.3547.4%430.562
$550.00Aug 281.8010.20$6.00140.0%20.56--
$555.00Oct 218.8026.30$22.5533.3%20.542

Most actively traded options today. High liquidity = easy entry/exit. 59 active (total vol 739, top 227)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Sep 1812.4014.90$13.6518.3%2270.50551
$540.00Sep 1816.3024.60$20.4540.6%2000.61--
$555.00Sep 1810.0012.50$11.2522.2%310.44295
$550.00Sep 46.3010.60$8.4550.9%130.45--
$545.00Aug 282.9011.00$6.95116.5%100.57--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$520.00Sep 184.306.10$5.2034.6%560.2232
$555.00Sep 1814.0022.70$18.3547.4%430.562
$530.00Sep 40.557.50$4.03172.5%210.2515
$510.00Sep 182.356.70$4.5396.0%130.18182
$490.00Sep 180.502.35$1.43129.4%100.07--

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 34.6%, max 55.7%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$560.00Aug 28Sep 2545.9%29.5%55.7%870
$550.00Aug 28Sep 1839.3%26.3%49.7%231634
$555.00Aug 28Sep 1836.6%25.9%41.1%41339
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$550.00Aug 28Sep 1839.3%26.3%49.7%366
$545.00Aug 28Sep 435.2%26.0%35.5%416
$535.00Aug 28Sep 1836.2%26.9%34.8%410
$540.00Aug 28Sep 1834.8%26.1%33.0%472
$520.00Sep 4Sep 1831.2%28.9%7.9%5768

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 36 found (best R:R 8.09, avg 8.85)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$555.00$560.00Sep 18$0.55$4.45$0.5544%8.09$555.55
$550.00$570.00Sep 11$5.42$14.58$5.4249%2.69$555.42
$545.00$550.00Sep 4$1.50$3.50$1.5053%2.33$546.50
$560.00$580.00Sep 18$4.95$15.05$4.9540%3.04$564.95
$555.00$560.00Sep 4$1.02$3.98$1.0237%3.90$556.02
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$535.00$460.00Aug 28$0.93$74.07$0.9319%79.65$534.07
$520.00$510.00Sep 18$0.67$9.33$0.6722%13.93$519.33
$535.00$527.50Sep 11$0.77$6.73$0.7729%8.74$534.23
$535.00$530.00Sep 18$0.65$4.35$0.6534%6.69$534.35
$550.00$545.00Aug 28$1.55$3.45$1.5556%2.23$548.45

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 27 found (best R:R 0.18, avg 0.32)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$585.00$595.00Sep 25$2.80$2.80$7.2076%0.39$587.80
$570.00$575.00Sep 11$2.00$2.00$3.0073%0.67$572.00
$560.00$570.00Aug 28$1.95$1.95$8.0575%0.24$561.95
$550.00$555.00Aug 28$2.22$2.22$2.7856%0.80$552.22
$550.00$555.00Sep 4$2.10$2.10$2.9055%0.72$552.10
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$510.00$490.00Sep 18$3.10$3.10$16.9082%0.18$506.90
$530.00$520.00Sep 18$2.95$2.95$7.0569%0.42$527.05
$530.00$520.00Sep 4$1.90$1.90$8.1075%0.23$528.10
$545.00$540.00Aug 28$1.90$1.90$3.1057%0.61$543.10
$540.00$535.00Aug 28$1.05$1.05$3.9571%0.27$538.95

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $4.19, cheapest $9.10)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$550.00Aug 28Sep 4$3.4339.3%29.9%
$545.00Aug 28Sep 4$3.0035.2%26.0%
$555.00Aug 28Sep 4$3.5536.6%29.5%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$550.00Aug 28Sep 18$9.1039.3%26.3%
$545.00Aug 28Sep 4$3.8035.2%26.0%
$555.00Sep 11Sep 18$2.2526.3%25.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 2.01% of stock, avg 4.05%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$550.00Aug 28$5.02$6.00$11.02$538.98$561.022.01%
$545.00Aug 28$6.95$4.45$11.40$533.60$556.402.08%
$540.00Aug 28$10.10$2.55$12.65$527.35$552.652.31%
$545.00Sep 4$9.95$8.25$18.20$526.80$563.203.33%
$550.00Sep 18$13.65$15.10$28.75$521.25$578.755.25%
$555.00Sep 18$11.25$18.35$29.60$525.40$584.605.41%
$540.00Sep 18$20.45$10.40$30.85$509.15$570.855.64%
$530.00Sep 18$26.70$8.15$34.85$495.15$564.856.37%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 62 found (cheapest 0.41% of stock, avg 2.13%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$570.00$535.00Aug 28$0.75$1.50$2.25$532.75$572.25
$585.00$535.00Aug 28$1.17$1.50$2.67$532.33$587.67
$570.00$540.00Aug 28$0.75$2.55$3.30$536.70$573.30
$560.00$535.00Aug 28$2.70$1.50$4.20$530.80$564.20
$585.00$540.00Aug 28$1.17$2.55$3.72$536.28$588.72
$555.00$535.00Aug 28$2.80$1.50$4.30$530.70$559.30
$555.00$540.00Aug 28$2.80$2.55$5.35$534.65$560.35
$560.00$540.00Aug 28$2.70$2.55$5.25$534.75$565.25
$595.00$495.00Sep 25$3.43$2.70$6.13$488.87$601.13
$600.00$495.00Sep 25$3.78$2.70$6.48$488.52$606.48

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 11 found (best R:R 0.39, avg credit $2.66)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
535/540570/575Aug 28$1.40$3.6061%0.39$538.60$571.40
520/530580/590Sep 18$4.57$5.4345%0.84$525.43$584.57
480/490580/590Sep 18$1.78$8.2268%0.22$488.22$581.78
528/535570/575Sep 11$2.77$4.7344%0.59$532.23$572.77
510/520580/590Sep 18$2.29$7.7154%0.30$517.71$582.29
535/540560/570Aug 28$3.00$7.0046%0.43$537.00$563.00
530/535580/590Sep 18$2.27$7.7341%0.29$532.73$582.27
490/510580/590Sep 18$4.72$15.2858%0.31$505.28$584.72
440/480580/590Sep 18$2.34$37.6670%0.06$477.66$582.34
460/535570/575Aug 28$1.28$73.7272%0.02$533.72$571.28

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 10 found (best R:R 9.00, cheapest $0.80)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$540.00$545.00$550.00Aug 28$1.22$3.7827%3.10
$550.00$555.00$560.00Sep 4$1.08$3.9214%3.63
$570.00$575.00$580.00Aug 28$0.80$4.201%5.25
$550.00$555.00$560.00Aug 28$2.12$2.8819%1.36
$550.00$555.00$560.00Sep 18$1.85$3.1510%1.70
PUTS (4)
LowMidHighExpiryDebitMax GainPOPR:R
$510.00$520.00$530.00Sep 4$1.00$9.0016%9.00
$535.00$540.00$545.00Aug 28$0.85$4.1524%4.88
$530.00$535.00$540.00Sep 18$0.95$4.059%4.26
$510.00$520.00$530.00Sep 18$2.28$7.7213%3.39

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 37 found (best net $-1.35, 28 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$490.00$525.001:2Sep 18-$1.35$33.65
$515.00$535.001:2Sep 4-$2.20$17.80
$560.00$580.001:2Sep 18-$0.80$19.20
$550.00$555.001:2Aug 28-$0.58$4.42
$585.00$595.001:2Sep 25-$0.63$9.37
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$530.00$520.001:2Sep 4-$0.23$9.77
$545.00$540.001:2Aug 28-$0.65$4.35
$520.00$510.001:2Sep 4-$0.33$9.67
$540.00$535.001:2Aug 28-$0.45$4.55
$570.00$555.001:2Sep 18-$9.25$5.75

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 18 found (best yield 1.04%, avg 0.86%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$580.00Oct 2$5.700.296.0%1.04%7.02%86
$560.00Sep 25$9.700.422.3%1.77%4.09%21
$560.00Sep 18$9.300.402.3%1.70%4.02%4162
$550.00Sep 18$12.400.500.5%2.27%2.76%227551
$555.00Sep 18$10.000.441.4%1.83%3.24%31295
$580.00Sep 18$4.000.246.0%0.73%6.71%10345
$585.00Sep 25$2.750.246.9%0.50%7.39%2--
$600.00Sep 25$1.450.169.6%0.26%9.90%1--
$590.00Sep 18$1.550.187.8%0.28%8.09%336
$570.00Sep 11$2.850.274.2%0.52%4.67%22

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 711
Total Puts 280
Put/Call Ratio 0.39
Net Difference 431

Prior's Put/Call Breakdown

Total Calls 468
Total Puts 336
Put/Call Ratio 0.72
Net Difference 132

Prior 7-Day Put/Call Summary

Total Calls 8,009
Total Puts 6,808
Average Put/Call Ratio 1.03
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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