Tour v526
VRTX
VERTEX PHARMACEUTICA
$541.69 -1.07%
$544.00 (+0.43%)🌙
as of 08/28 07:12 PM
8/28 19:12

Option Volume

Detail
Current (08/28) 1,145
Calls: 890 (78%)
Puts: 255 (22%)
Prior (08/27) 866
Calls: 536 (62%)
Puts: 330 (38%)
Current vs Prior +32.22%
Calls: +66.04% (Calls)
Puts: -22.73% (Puts)
Prior 7-Day Total 12,451
Calls: 7,011 (56%)
Puts: 5,440 (44%)
Prior 7-Day Average 1,778
Calls: 1,001 (56%)
Puts: 777 (44%)
Current vs Prior 7-Day Avg -35.63%
Calls: -11.14%
Puts: -67.19%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/28) $1.40M
Calls: $1.12M (80%)
Puts: $285.4K (20%)
Prior (08/27) $1.49M
Calls: $1.25M (84%)
Puts: $240.1K (16%)
Current vs Prior -5.56%
Calls: -10.27%
Puts: +18.86%
Prior 7-Day Total $21.24M
Calls: $16.43M (77%)
Puts: $4.81M (23%)
Prior 7-Day Average $3.03M
Calls: $2.35M (77%)
Puts: $686.7K (23%)
Current vs Prior 7-Day Avg -53.76%
Calls: -52.39%
Puts: -58.44%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/28) 0.29
Prior (08/27) 0.62
Current vs Prior -53.46%
Prior 7-Day Average 0.78
Current vs Prior 7-Day Avg -63.24%
Sentiment BULLISH

Open Interest

Detail
Current (08/28) 6,823
Calls: 4,986 (73%)
Puts: 1,837 (27%)
Prior (08/27) 3,955
Calls: 2,480 (63%)
Puts: 1,475 (37%)
Current vs Prior +72.52%
Prior 7-Day Total 60,885
Calls: 40,351 (66%)
Puts: 20,534 (34%)
Prior 7-Day Average 8,697
Calls: 5,764 (66%)
Puts: 2,933 (34%)
Current vs Prior 7-Day Avg -21.56%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 1.13% | 2.89%5.54% | 9.76%
Prior 1.79% | 3.33%5.84% | 9.25%
Current vs Prior +61.75% | +12.99%-5.09% | +5.47%
Prior 7-Day Avg 2.43% | 3.94%3.75% | 8.23%
Current vs 7-Day Avg +18.91% | -4.53%+47.80% | +18.54%
Prior 7-Day Eod 1.79% | 3.33%5.84% | 9.25%
Current vs 7-Day Eod +61.75% | +12.99%-5.09% | +5.47%
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 35.06% | 38.22%
Calls: 23.62% | 40.67%
Puts: 46.50% | 35.77%
Current vs 7-Day Avg +52.18% | -74.28%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 80% of dollar volume in calls ($1.12M) vs puts ($285.4K). Extreme bullish P/C ratio of 0.29 - heavy call buying (890 calls vs 255 puts). P/C ratio dropping 53% - sentiment shifting bullish. Call-heavy open interest (4,986 calls vs 1,837 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 BULLISH
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. 28 found (avg delta 0.77, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$517.50Aug 2820.2028.10$24.1532.7%10.99--
$510.00Sep 430.4036.00$33.2016.9%100.942
$530.00Aug 287.5016.00$11.7572.3%10.94--
$500.00Sep 1842.7049.60$46.1515.0%40.88325
$525.00Aug 2812.5020.50$16.5048.5%30.8717
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Aug 285.9012.50$9.2071.7%10.97--
$555.00Aug 289.4017.30$13.3559.2%10.91--
$570.00Sep 1126.1032.90$29.5023.1%100.852
$545.00Aug 280.558.10$4.33174.4%10.78--
$570.00Aug 2825.3032.50$28.9024.9%100.78--

Most actively traded options today. High liquidity = easy entry/exit. 69 active (total vol 959, top 262)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Sep 186.0014.40$10.2082.4%2620.42566
$580.00Sep 180.403.30$1.85156.8%1290.12346
$530.00Sep 1817.0025.30$21.1539.2%1270.66292
$560.00Sep 40.654.00$2.33143.8%470.1962
$560.00Aug 280.008.80$4.40200.0%320.2770
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$530.00Sep 42.153.20$2.6839.2%240.2621
$540.00Aug 280.000.50$0.25200.0%150.2036
$550.00Sep 1814.6021.40$18.0037.8%150.5866
$530.00Aug 280.000.40$0.20200.0%130.0640
$515.00Sep 40.051.60$0.83186.7%120.0939

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 2106.1%, max 3776.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$500.00Aug 28Sep 181147.4%29.6%3776.2%14398
$520.00Aug 28Sep 18766.2%25.6%2893.1%4532
$510.00Aug 28Sep 4960.3%33.1%2801.7%2018
$560.00Aug 28Sep 4675.5%29.8%2164.9%79132
$540.00Aug 28Sep 1854.5%24.7%121.0%31173
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$520.00Aug 28Sep 18766.2%25.6%2893.1%267
$540.00Aug 28Sep 2554.5%28.2%92.9%1736

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 26 found (best R:R 0.61, avg 5.01)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$520.00$530.00Sep 18$6.20$3.80$6.2076%0.61$526.20
$555.00$562.50Sep 11$0.85$6.65$0.8530%7.82$555.85
$580.00$590.00Sep 18$0.25$9.75$0.2512%39.00$580.25
$545.00$550.00Sep 4$1.07$3.93$1.0741%3.67$546.07
$540.00$545.00Aug 28$1.23$3.77$1.2380%3.07$541.23
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$525.00$515.00Sep 11$1.25$8.75$1.2527%7.00$523.75
$542.50$535.00Sep 11$2.55$4.95$2.5549%1.94$539.95
$520.00$510.00Sep 18$1.27$8.73$1.2724%6.87$518.73
$535.00$527.50Sep 11$1.80$5.70$1.8038%3.17$533.20
$510.00$500.00Sep 18$1.18$8.82$1.1817%7.47$508.82

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 18 found (best R:R 0.66, avg 0.30)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$570.00$580.00Sep 18$2.95$2.95$7.0576%0.42$572.95
$575.00$590.00Sep 25$2.40$2.40$12.6078%0.19$577.40
$545.00$550.00Aug 28$0.47$0.47$4.5377%0.10$545.47
$555.00$560.00Sep 4$1.15$1.15$3.8574%0.30$556.15
$550.00$555.00Sep 4$1.35$1.35$3.6566%0.37$551.35
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$540.00$515.00Sep 25$9.90$9.90$15.1054%0.66$530.10
$525.00$515.00Sep 4$2.45$2.45$7.5576%0.32$522.55
$535.00$530.00Sep 4$2.45$2.45$2.5561%0.96$532.55
$530.00$520.00Sep 18$3.40$3.40$6.6065%0.52$526.60
$510.00$500.00Sep 4$0.82$0.82$9.1890%0.09$509.18

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.83, cheapest $1.82)

CALLS (0)
No calls found
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$535.00Sep 4Sep 11$1.8224.9%24.5%
$542.50Sep 4Sep 11$1.8522.3%22.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 16 found (cheapest 0.38% of stock, avg 3.91%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$540.00Aug 28$1.80$0.25$2.05$537.95$542.050.38%
$545.00Aug 28$0.57$4.33$4.90$540.10$549.900.90%
$550.00Aug 28$0.10$9.20$9.30$540.70$559.301.72%
$530.00Aug 28$11.75$0.20$11.95$518.05$541.952.21%
$540.00Sep 4$8.00$4.60$12.60$527.40$552.602.33%
$555.00Aug 28$0.43$13.35$13.78$541.22$568.782.54%
$550.00Sep 4$4.83$12.95$17.78$532.22$567.783.28%
$530.00Sep 4$15.40$2.68$18.08$511.92$548.083.34%
$560.00Aug 28$4.40$19.10$23.50$536.50$583.504.34%
$520.00Aug 28$21.60$4.30$25.90$494.10$545.904.78%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 68 found (cheapest 0.12% of stock, avg 1.52%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$555.00$530.00Aug 28$0.43$0.20$0.63$529.37$555.63
$555.00$540.00Aug 28$0.43$0.25$0.68$539.32$555.68
$545.00$540.00Aug 28$0.57$0.25$0.82$539.18$545.82
$545.00$530.00Aug 28$0.57$0.20$0.77$529.23$545.77
$560.00$510.00Sep 4$2.33$1.20$3.53$506.47$563.53
$590.00$500.00Sep 18$1.60$2.30$3.90$496.10$593.90
$580.00$500.00Sep 18$1.85$2.30$4.15$495.85$584.15
$565.00$540.00Aug 28$4.35$0.25$4.60$535.40$569.60
$545.00$520.00Aug 28$0.57$4.30$4.87$515.13$549.87
$560.00$540.00Aug 28$4.40$0.25$4.65$535.35$564.65

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 11 found (best R:R 1.74, avg credit $3.18)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
520/530570/580Sep 18$6.35$3.6542%1.74$523.65$576.35
500/510570/580Sep 18$4.13$5.8759%0.70$505.87$574.13
510/520570/580Sep 18$4.22$5.7853%0.73$515.78$574.22
520/530580/590Sep 18$3.65$6.3553%0.57$526.35$583.65
515/525555/560Sep 4$3.60$6.4050%0.56$521.40$558.60
500/510580/590Sep 18$1.43$8.5770%0.17$508.57$581.43
500/510555/560Sep 4$1.97$8.0364%0.25$508.03$556.97
515/525550/555Sep 4$3.80$6.2042%0.61$521.20$553.80
510/520580/590Sep 18$1.52$8.4864%0.18$518.48$581.52
500/510550/555Sep 4$2.17$7.8356%0.28$507.83$552.17

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 16 found (best R:R 5.33, cheapest $0.09)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$540.00$545.00$550.00Aug 28$0.76$4.2475%5.58
$520.00$530.00$540.00Sep 18$0.15$9.8522%65.67
$550.00$555.00$560.00Sep 4$0.20$4.8014%24.00
$530.00$540.00$550.00Sep 18$1.15$8.8523%7.70
$520.00$525.00$530.00Aug 28$0.35$4.6517%13.29
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$540.00$545.00$550.00Aug 28$0.79$4.2177%5.33
$500.00$510.00$520.00Sep 18$0.09$9.9112%110.11
$527.50$535.00$542.50Sep 11$0.75$6.7521%9.00
$550.00$555.00$560.00Aug 28$1.60$3.4024%2.12
$510.00$520.00$530.00Sep 18$2.13$7.8717%3.69

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 43 found (best net $-8.55, 29 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$500.00$520.001:2Sep 18-$8.55$11.45
$530.00$540.001:2Sep 4-$0.60$9.40
$575.00$590.001:2Sep 25-$0.05$14.95
$555.00$560.001:2Sep 4-$1.18$3.82
$580.00$590.001:2Sep 18-$1.35$8.65
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$550.00$542.501:2Sep 4-$2.35$5.15
$530.00$520.001:2Sep 18-$1.35$8.65
$535.00$530.001:2Sep 4-$0.23$4.77
$540.00$530.001:2Aug 28-$0.15$9.85
$510.00$500.001:2Sep 18-$1.12$8.88

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 11 found (best yield 0.52%, avg 0.39%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$575.00Sep 25$2.800.226.2%0.52%6.67%1--
$550.00Sep 18$6.000.421.5%1.11%2.64%262566
$595.00Sep 25$0.300.159.8%0.06%9.90%1--
$570.00Sep 18$1.500.245.2%0.28%5.50%4--
$555.00Sep 11$2.750.302.5%0.51%2.96%1--
$545.00Sep 4$5.000.410.6%0.92%1.53%2--
$550.00Sep 4$2.950.341.5%0.54%2.08%223
$562.50Sep 11$0.250.233.8%0.05%3.89%2--
$580.00Sep 18$0.400.127.1%0.07%7.15%129346
$555.00Sep 4$0.750.262.5%0.14%2.60%3225

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 890
Total Puts 255
Put/Call Ratio 0.29
Net Difference 635

Prior's Put/Call Breakdown

Total Calls 536
Total Puts 330
Put/Call Ratio 0.62
Net Difference 206

Prior 7-Day Put/Call Summary

Total Calls 7,011
Total Puts 5,440
Average Put/Call Ratio 0.78
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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