Tour v531
VRTX
VERTEX PHARMACEUTICA
$503.25 -0.47%
$500.02 (-0.64%)🌙
as of 10/08 06:49 PM
◀ 10/8 18:49 ▶

Option Volume

Detail
ℹ
Current (10/08) 1,130
Calls: 541 (48%)
Puts: 589 (52%)
Prior (10/07) 635
Calls: 236 (37%)
Puts: 399 (63%)
Current vs Prior +77.95%
Calls: +129.24% (Calls)
Puts: +47.62% (Puts)
Prior 7-Day Total 13,729
Calls: 4,828 (35%)
Puts: 8,901 (65%)
Prior 7-Day Average 1,961
Calls: 689 (35%)
Puts: 1,271 (65%)
Current vs Prior 7-Day Avg -42.38%
Calls: -21.56%
Puts: -53.68%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (10/08) $1.91M
Calls: $829.7K (43%)
Puts: $1.08M (57%)
Prior (10/07) $911.5K
Calls: $411.2K (45%)
Puts: $500.3K (55%)
Current vs Prior +109.76%
Calls: +101.76%
Puts: +116.33%
Prior 7-Day Total $18.64M
Calls: $6.79M (36%)
Puts: $11.85M (64%)
Prior 7-Day Average $2.66M
Calls: $970.2K (36%)
Puts: $1.69M (64%)
Current vs Prior 7-Day Avg -28.20%
Calls: -14.48%
Puts: -36.06%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (10/08) 1.09
Prior (10/07) 1.69
Current vs Prior -35.60%
Prior 7-Day Average 2.12
Current vs Prior 7-Day Avg -48.57%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (10/08) 4,691
Calls: 2,644 (56%)
Puts: 2,047 (44%)
Prior (10/07) 5,190
Calls: 3,120 (60%)
Puts: 2,070 (40%)
Current vs Prior -9.61%
Prior 7-Day Total 51,931
Calls: 28,471 (55%)
Puts: 23,460 (45%)
Prior 7-Day Average 7,418
Calls: 4,067 (55%)
Puts: 3,351 (45%)
Current vs Prior 7-Day Avg -36.77%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (10/09) | Next (10/16)Expiry (10/16) | Next (11/20)
Current 1.95% | 3.46%3.46% | 9.86%
Prior 2.29% | 3.36%3.36% | 10.40%
Current vs Prior -14.97% | +2.84%+2.84% | -5.26%
Prior 7-Day Avg 2.40% | 3.75%4.29% | 10.43%
Current vs 7-Day Avg -18.80% | -7.75%-19.41% | -5.46%
Prior 7-Day Eod 2.29% | 3.36%3.36% | 10.40%
Current vs 7-Day Eod -14.97% | +2.84%+2.84% | -5.26%
Sentiment BULLISHBEARISH

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

Massive premium surge with dollar volume up 110% vs prior. Above-average activity with volume up 78% vs prior. Slightly bearish P/C ratio of 1.09. P/C ratio dropping 36% - sentiment shifting bullish.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
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. 16 found (avg delta 0.69, highest 0.90)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$485.00Oct 916.5022.70$19.6031.6%10.81--
$495.00Oct 97.7014.00$10.8558.1%80.802
$470.00Nov 639.7047.00$43.3516.8%20.781
$490.00Oct 2317.1024.00$20.5533.6%10.72--
$500.00Oct 93.7010.00$6.8592.0%10.61--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$530.00Oct 1624.1029.20$26.6519.1%130.90145
$520.00Oct 1615.2020.20$17.7028.2%10.81257
$520.00Oct 913.0019.00$16.0037.5%10.79--
$530.00Oct 2325.0031.00$28.0021.4%130.7822
$515.00Oct 1611.1017.00$14.0542.0%10.68--

Most actively traded options today. High liquidity = easy entry/exit. 70 active (total vol 873, top 118)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$510.00Nov 2017.5024.40$20.9532.9%940.4927
$550.00Oct 301.302.50$1.9063.2%730.1213
$530.00Oct 303.206.10$4.6562.4%500.24145
$555.00Oct 300.152.50$1.33176.7%390.0911
$510.00Oct 90.056.10$3.08196.4%240.3488
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Nov 1314.5020.90$17.7036.2%1180.45122
$500.00Nov 613.3019.70$16.5038.8%990.448
$500.00Nov 2015.4022.30$18.8536.6%600.45131
$490.00Nov 2010.8017.10$13.9545.2%510.3768
$490.00Nov 139.9015.80$12.8545.9%450.3751

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 78.3%, max 203.7%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$500.00Oct 9Oct 3060.6%29.3%107.0%1122
$505.00Oct 9Oct 3049.9%26.6%87.8%1427
$510.00Oct 9Nov 2055.3%33.8%63.6%118115
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$520.00Oct 9Oct 1678.8%26.0%203.7%2257
$495.00Oct 9Oct 1643.1%26.3%63.9%1418
$490.00Oct 16Nov 2034.2%30.1%13.6%53178
$460.00Nov 13Nov 2035.0%32.2%8.5%356

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 46 found (best R:R 0.63, avg 5.63)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$470.00$515.00Nov 6$27.60$17.40$27.6078%0.63$497.60
$510.00$520.00Oct 9$0.63$9.37$0.6334%14.87$510.63
$530.00$555.00Oct 23$1.88$23.12$1.8824%12.30$531.88
$530.00$540.00Oct 16$0.10$9.90$0.1014%99.00$530.10
$500.00$512.50Oct 16$5.15$7.35$5.1560%1.43$505.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$490.00$485.00Nov 13$1.00$4.00$1.0037%4.00$489.00
$490.00$480.00Nov 20$2.55$7.45$2.5537%2.92$487.45
$460.00$440.00Nov 13$1.95$18.05$1.9519%9.26$458.05
$460.00$450.00Nov 20$1.32$8.68$1.3219%6.58$458.68
$490.00$480.00Oct 16$1.77$8.23$1.7727%4.65$488.23

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 37 found (best R:R 1.00, avg 0.42)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$512.50$520.00Oct 16$3.75$3.75$3.7562%1.00$516.25
$535.00$575.00Nov 6$5.95$5.95$34.0571%0.17$540.95
$515.00$535.00Nov 6$7.35$7.35$12.6556%0.58$522.35
$505.00$510.00Oct 30$2.75$2.75$2.2549%1.22$507.75
$550.00$560.00Nov 20$2.30$2.30$7.7075%0.30$552.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$480.00$470.00Oct 16$2.10$2.10$7.9083%0.27$477.90
$500.00$490.00Oct 30$4.85$4.85$5.1556%0.94$495.15
$500.00$490.00Nov 20$4.90$4.90$5.1056%0.96$495.10
$500.00$490.00Nov 13$4.85$4.85$5.1555%0.94$495.15
$470.00$460.00Nov 20$2.80$2.80$7.2075%0.39$467.20

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $6.52, cheapest $4.50)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$500.00Oct 9Oct 16$4.5060.6%26.9%
$510.00Oct 9Oct 30$8.3255.3%28.1%
$505.00Oct 9Oct 23$6.8549.9%25.8%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$500.00Oct 16Oct 30$6.4026.9%29.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 9 found (cheapest 1.75% of stock, avg 4.24%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$507.50Oct 9$3.43$5.40$8.83$498.67$516.331.75%
$495.00Oct 9$10.85$1.25$12.10$482.90$507.102.40%
$500.00Oct 16$11.35$5.80$17.15$482.85$517.153.41%
$520.00Oct 9$2.45$16.00$18.45$501.55$538.453.67%
$520.00Oct 16$2.45$17.70$20.15$499.85$540.154.00%
$490.00Oct 23$20.55$5.10$25.65$464.35$515.655.10%
$530.00Oct 16$1.58$26.65$28.23$501.77$558.235.61%
$500.00Oct 30$16.85$12.20$29.05$470.95$529.055.77%
$530.00Oct 23$4.33$28.00$32.33$497.67$562.336.42%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 78 found (cheapest 0.50% of stock, avg 2.97%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$540.00$465.00Oct 16$1.48$1.05$2.53$462.47$542.53
$530.00$465.00Oct 16$1.58$1.05$2.63$462.37$532.63
$525.00$495.00Oct 9$2.45$1.25$3.70$491.30$528.70
$520.00$495.00Oct 9$2.45$1.25$3.70$491.30$523.70
$520.00$465.00Oct 16$2.45$1.05$3.50$461.50$523.50
$530.00$480.00Oct 16$1.58$2.53$4.11$475.89$534.11
$540.00$480.00Oct 16$1.48$2.53$4.01$475.99$544.01
$510.00$495.00Oct 9$3.08$1.25$4.33$490.67$514.33
$520.00$480.00Oct 16$2.45$2.53$4.98$475.02$524.98
$507.50$495.00Oct 9$3.43$1.25$4.68$490.32$512.18

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 16 found (best R:R 1.04, avg credit $3.35)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
460/470550/560Nov 20$5.10$4.9051%1.04$464.90$555.10
485/490550/555Oct 30$1.92$3.0856%0.62$488.08$551.92
470/480550/560Nov 20$4.95$5.0545%0.98$475.05$554.95
485/490525/530Oct 23$2.14$2.8644%0.75$487.86$527.14
450/460550/560Nov 20$3.62$6.3857%0.57$456.38$553.62
485/490520/525Oct 23$2.22$2.7840%0.80$487.78$522.22
460/470540/550Nov 20$4.60$5.4046%0.85$465.40$544.60
470/480530/540Oct 16$2.20$7.8069%0.28$477.80$532.20
470/480520/530Oct 16$2.97$7.0360%0.42$477.03$522.97
470/480540/550Nov 20$4.45$5.5540%0.80$475.55$544.45

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 13 found (best R:R 39.00, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$520.00$530.00$540.00Nov 20$0.25$9.7513%39.00
$510.00$520.00$530.00Oct 30$1.05$8.9521%8.52
$520.00$525.00$530.00Oct 23$0.08$4.928%61.50
$510.00$520.00$530.00Nov 20$0.75$9.2513%12.33
$520.00$530.00$540.00Oct 16$0.77$9.2311%11.99
PUTS (4)
LowMidHighExpiryDebitMax GainPOPR:R
$495.00$507.50$520.00Oct 9$6.45$6.0559%0.94
$450.00$460.00$470.00Nov 20$1.48$8.5210%5.76
$480.00$490.00$500.00Nov 20$2.35$7.6514%3.26
$490.00$495.00$500.00Oct 16$2.50$2.5013%1.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 49 found (best net $-2.10, 39 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$485.00$495.001:2Oct 9-$2.10$7.90
$515.00$535.001:2Nov 6-$1.05$18.95
$500.00$512.501:2Oct 16-$1.05$11.45
$530.00$555.001:2Oct 23-$0.57$24.43
$520.00$530.001:2Oct 30-$1.80$8.20
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$485.00$460.001:2Nov 13-$0.01$24.99
$490.00$480.001:2Oct 16-$0.76$9.24
$500.00$490.001:2Oct 30-$2.50$7.50
$460.00$440.001:2Nov 13-$2.03$17.97
$530.00$520.001:2Oct 16-$8.75$1.25

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 21 found (best yield 3.48%, avg 1.13%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$510.00Nov 20$17.500.491.3%3.48%4.82%9427
$520.00Nov 20$13.300.423.3%2.64%5.97%2--
$530.00Nov 20$9.800.365.3%1.95%7.26%1--
$515.00Nov 6$12.200.442.3%2.42%4.76%21
$540.00Nov 20$6.100.297.3%1.21%8.51%2--
$550.00Nov 20$4.800.259.3%0.95%10.24%1--
$560.00Nov 20$4.700.2011.3%0.93%12.21%21--
$535.00Nov 6$4.400.296.3%0.87%7.18%2--
$505.00Oct 30$10.300.510.3%2.05%2.39%1021
$510.00Oct 30$7.800.451.3%1.55%2.89%1--

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 541
Total Puts 589
Put/Call Ratio 1.09
Net Difference -48

Prior's Put/Call Breakdown

Total Calls 236
Total Puts 399
Put/Call Ratio 1.69
Net Difference -163

Prior 7-Day Put/Call Summary

Total Calls 4,828
Total Puts 8,901
Average Put/Call Ratio 2.12
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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