Tour v528
VRTX
VERTEX PHARMACEUTICA
$526.19 +0.73%
$526.50 (+0.06%)🌙
as of 09/25 07:06 PM
(9/24 19:20) ◀
|
Friday, September 25, 2026 (7:06pm)
January 2026
|
▶
◀ 9/25 19:06

Option Volume

Detail
ℹ
Current (09/25) 4,774
Calls: 2,112 (44%)
Puts: 2,662 (56%)
Prior (09/24) 3,814
Calls: 851 (22%)
Puts: 2,963 (78%)
Current vs Prior +25.17%
Calls: +148.18% (Calls)
Puts: -10.16% (Puts)
Prior 7-Day Total 10,996
Calls: 5,370 (49%)
Puts: 5,626 (51%)
Prior 7-Day Average 1,570
Calls: 767 (49%)
Puts: 803 (51%)
Current vs Prior 7-Day Avg +203.91%
Calls: +175.31%
Puts: +231.21%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (09/25) $5.67M
Calls: $2.74M (48%)
Puts: $2.93M (52%)
Prior (09/24) $4.45M
Calls: $1.06M (24%)
Puts: $3.39M (76%)
Current vs Prior +27.58%
Calls: +159.81%
Puts: -13.55%
Prior 7-Day Total $13.68M
Calls: $6.74M (49%)
Puts: $6.94M (51%)
Prior 7-Day Average $1.95M
Calls: $963.1K (49%)
Puts: $991.1K (51%)
Current vs Prior 7-Day Avg +190.38%
Calls: +184.66%
Puts: +195.94%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (09/25) 1.26
Prior (09/24) 3.48
Current vs Prior -63.80%
Prior 7-Day Average 1.01
Current vs Prior 7-Day Avg +24.61%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (09/25) 6,121
Calls: 3,316 (54%)
Puts: 2,805 (46%)
Prior (09/24) 8,231
Calls: 4,055 (49%)
Puts: 4,176 (51%)
Current vs Prior -25.63%
Prior 7-Day Total 51,272
Calls: 30,937 (60%)
Puts: 20,335 (40%)
Prior 7-Day Average 7,324
Calls: 4,419 (60%)
Puts: 2,905 (40%)
Current vs Prior 7-Day Avg -16.43%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)
Current 0.91% | 2.79%4.89% | 10.83%
Prior 1.71% | 3.22%5.65% | 11.09%
Current vs Prior +63.42% | +30.00%-13.34% | -2.35%
Prior 7-Day Avg 2.83% | 4.34%4.06% | 8.98%
Current vs 7-Day Avg -1.23% | -3.73%+20.48% | +20.65%
Prior 7-Day Eod 1.71% | 3.22%5.65% | 11.09%
Current vs 7-Day Eod +63.42% | +30.00%-13.34% | -2.35%
Sentiment BEARISHBULLISH

Relative Spread

Detail
ℹ
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 53.36% | 9.83%
Calls: 27.85% | 9.76%
Puts: 78.87% | 9.90%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Dollar volume significantly above 7-day average (190% higher). Volume explosion - 204% above 7-day average (4,774 vs avg 1,570). Bearish P/C ratio of 1.26 indicates protective positioning. P/C ratio dropping 64% - sentiment shifting bullish.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
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 -- 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. 42 found (avg delta 0.65, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$510.00Sep 2513.2017.90$15.5530.2%11.0025
$500.00Oct 223.7031.70$27.7028.9%10.90--
$450.00Oct 1673.9082.10$78.0010.5%10.90--
$480.00Sep 2542.4050.70$46.5517.8%10.852
$487.50Oct 235.5043.80$39.6520.9%10.84--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$535.00Sep 254.3012.00$8.1594.5%20.68--
$535.00Oct 29.5013.40$11.4534.1%20.68--
$530.00Oct 24.3012.40$8.3597.0%50.5815
$535.00Oct 2314.4021.50$17.9539.6%440.584
$535.00Oct 3017.2025.00$21.1037.0%440.575

Most actively traded options today. High liquidity = easy entry/exit. 114 active (total vol 4.5K, top 368)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$530.00Oct 2310.3017.90$14.1053.9%3320.4718
$530.00Oct 3012.5020.10$16.3046.6%2680.4715
$520.00Oct 1613.5019.70$16.6037.3%2040.58135
$520.00Oct 911.6017.80$14.7042.2%1940.601
$520.00Oct 3017.8026.00$21.9037.4%1920.562
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$525.00Oct 168.0015.70$11.8565.0%3680.4921
$525.00Oct 96.2013.30$9.7572.8%2470.4823
$520.00Oct 238.1014.60$11.3557.3%2030.4250
$520.00Oct 3010.7017.10$13.9046.0%1970.446
$525.00Oct 23.409.90$6.6597.7%1580.486

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 10 strikes (avg 1232.0%, max 2636.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$545.00Sep 25Oct 9738.5%28.5%2491.4%2271
$517.50Sep 25Oct 2402.3%23.0%1645.9%3117
$515.00Sep 25Oct 23434.4%25.7%1590.1%473
$520.00Sep 25Nov 6341.0%31.4%986.9%1868
$525.00Sep 25Oct 23258.0%23.9%981.4%10205
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$505.00Sep 25Oct 2738.2%27.0%2636.0%9912
$520.00Sep 25Nov 6341.0%31.4%986.9%4195
$525.00Sep 25Oct 23258.0%23.9%981.4%12730
$510.00Oct 2Oct 3026.8%25.3%5.8%12195

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 64 found (best R:R 17.18, avg 7.84)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$540.00$600.00Oct 16$3.30$56.70$3.3034%17.18$543.30
$600.00$620.00Oct 16$0.10$19.90$0.1013%199.00$600.10
$515.00$517.50Sep 25$0.60$1.90$0.6075%3.17$515.60
$540.00$545.00Oct 9$0.30$4.70$0.3030%15.67$540.30
$525.00$527.50Oct 9$0.20$2.30$0.2052%11.50$525.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$535.00$530.00Oct 23$0.75$4.25$0.7558%5.67$534.25
$520.00$515.00Oct 9$0.55$4.45$0.5540%8.09$519.45
$525.00$515.00Oct 2$2.43$7.57$2.4348%3.12$522.57
$475.00$435.00Oct 23$1.18$38.82$1.1811%32.90$473.82
$527.50$525.00Oct 2$0.40$2.10$0.4052%5.25$527.10

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 44 found (best R:R 15.67, avg 0.81)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$527.50$530.00Oct 2$2.35$2.35$0.1552%15.67$529.85
$530.00$560.00Oct 30$10.60$10.60$19.4053%0.55$540.60
$527.50$540.00Oct 9$5.92$5.92$6.5852%0.90$533.42
$535.00$540.00Oct 2$2.07$2.07$2.9368%0.71$537.07
$530.00$540.00Oct 16$4.70$4.70$5.3054%0.89$534.70
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$515.00$510.00Oct 23$2.85$2.85$2.1562%1.33$512.15
$492.50$490.00Oct 2$1.30$1.30$1.2085%1.08$491.20
$515.00$510.00Oct 30$2.65$2.65$2.3561%1.13$512.35
$515.00$512.50Oct 2$1.29$1.29$1.2170%1.07$513.71
$502.50$500.00Oct 2$0.90$0.90$1.6084%0.56$501.60

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $4.29, cheapest $3.30)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$520.00Sep 25Oct 2$4.33341.0%22.5%
$522.50Sep 25Oct 9$9.20267.8%24.3%
$525.00Sep 25Oct 2$3.80258.0%24.1%
$527.50Oct 2Oct 9$2.6531.3%28.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$535.00Sep 25Oct 2$3.30535.7%27.0%
$520.00Sep 25Oct 9$3.55341.0%23.4%
$525.00Sep 25Oct 2$4.70258.0%24.1%
$515.00Oct 2Oct 9$2.2829.7%27.0%
$527.50Oct 2Oct 9$3.9531.3%28.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 24 found (cheapest 1.10% of stock, avg 4.80%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$525.00Sep 25$3.85$1.95$5.80$519.20$530.801.10%
$520.00Sep 25$6.57$3.50$10.07$509.93$530.071.91%
$530.00Oct 2$5.80$8.35$14.15$515.85$544.152.69%
$525.00Oct 2$7.65$6.65$14.30$510.70$539.302.72%
$527.50Oct 2$8.15$7.05$15.20$512.30$542.702.89%
$535.00Oct 2$4.05$11.45$15.50$519.50$550.502.95%
$525.00Oct 9$11.00$9.75$20.75$504.25$545.753.94%
$520.00Oct 9$14.70$7.05$21.75$498.25$541.754.13%
$527.50Oct 9$10.80$11.00$21.80$505.70$549.304.14%
$525.00Oct 16$13.15$11.85$25.00$500.00$550.004.75%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 104 found (cheapest 0.80% of stock, avg 2.57%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$540.00$510.00Oct 2$1.98$2.23$4.21$505.79$544.21
$545.00$510.00Oct 2$2.33$2.23$4.56$505.44$549.56
$540.00$512.50Oct 2$1.98$2.93$4.91$507.59$544.91
$540.00$497.50Oct 2$1.98$3.25$5.23$492.27$545.23
$545.00$512.50Oct 2$2.33$2.93$5.26$507.24$550.26
$545.00$497.50Oct 2$2.33$3.25$5.58$491.92$550.58
$540.00$515.00Oct 2$1.98$4.22$6.20$508.80$546.20
$535.00$510.00Oct 2$4.05$2.23$6.28$503.72$541.28
$545.00$515.00Oct 2$2.33$4.22$6.55$508.45$551.55
$535.00$512.50Oct 2$4.05$2.93$6.98$505.52$541.98

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 39 found (best R:R 2.07, avg credit $2.30)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
490/492535/540Oct 2$3.37$1.6353%2.07$489.13$538.37
490/492545/550Oct 2$2.45$2.5566%0.96$490.05$547.45
500/502535/540Oct 2$2.97$2.0351%1.46$499.53$537.97
490/492560/565Oct 2$1.53$3.4779%0.44$490.97$561.53
492/495535/540Oct 2$2.97$2.0350%1.46$492.03$537.97
500/502545/550Oct 2$2.05$2.9564%0.69$500.45$547.05
512/515535/540Oct 2$3.36$1.6437%2.05$511.64$538.36
492/495545/550Oct 2$2.05$2.9563%0.69$492.95$547.05
508/510535/540Oct 2$2.80$2.2048%1.27$507.20$537.80
500/502560/565Oct 2$1.13$3.8777%0.29$501.37$561.13

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 18 found (best R:R 49.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$515.00$520.00$525.00Oct 16$0.55$4.4513%8.09
$517.50$520.00$522.50Sep 25$0.91$1.599%1.75
$560.00$565.00$570.00Oct 2$0.88$4.121%4.68
$520.00$522.50$525.00Sep 25$2.02$0.4816%0.24
$520.00$525.00$530.00Oct 23$2.30$2.7010%1.17
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$510.00$515.00$520.00Oct 16$0.10$4.9012%49.00
$525.00$527.50$530.00Oct 16$0.15$2.356%15.67
$515.00$520.00$525.00Oct 16$0.45$4.5512%10.11
$485.00$500.00$515.00Nov 6$1.85$13.1517%7.11
$510.00$512.50$515.00Oct 2$0.59$1.9110%3.24

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 55 found (best net $-5.45, 44 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$480.00$500.001:2Sep 25-$5.45$14.55
$540.00$600.001:2Oct 16-$0.30$59.70
$530.00$550.001:2Oct 23-$0.30$19.70
$500.00$510.001:2Sep 25-$5.10$4.90
$550.00$590.001:2Sep 25-$4.35$35.65
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$475.00$435.001:2Oct 23-$0.17$39.83
$510.00$495.001:2Oct 23-$1.40$13.60
$495.00$475.001:2Oct 23-$0.71$19.29
$525.00$515.001:2Oct 2-$1.79$8.21
$510.00$500.001:2Oct 16-$1.75$8.25

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 17 found (best yield 2.38%, avg 0.89%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$530.00Oct 30$12.500.470.7%2.38%3.10%26815
$575.00Oct 30$2.800.209.3%0.53%9.81%10102
$560.00Oct 30$4.500.236.4%0.86%7.28%1--
$530.00Oct 23$10.300.470.7%1.96%2.68%33218
$550.00Oct 23$4.400.294.5%0.84%5.36%4--
$527.50Oct 16$9.300.490.2%1.77%2.02%82
$530.00Oct 16$7.700.460.7%1.46%2.19%6147
$555.00Oct 23$2.200.255.5%0.42%5.89%15
$540.00Oct 16$3.400.342.6%0.65%3.27%2181
$527.50Oct 9$7.400.480.2%1.41%1.66%84

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 2,112
Total Puts 2,662
Put/Call Ratio 1.26
Net Difference -550

Prior's Put/Call Breakdown

Total Calls 851
Total Puts 2,963
Put/Call Ratio 3.48
Net Difference -2,112

Prior 7-Day Put/Call Summary

Total Calls 5,370
Total Puts 5,626
Average Put/Call Ratio 1.01
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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