Tour v500
VRTX
VERTEX PHARMACEUTICA
$533.19 +7.48%
8/10 09:35

Option Volume

Detail
Current (08/10 9:35am) 484
Calls: 365 (75%)
Puts: 119 (25%)
Prior --
Calls: 515 (26%)
Puts: 1,431 (74%)
Current vs Prior +0.00%
Calls: -29.13% (Calls)
Puts: -91.68% (Puts)
Prior 7-Day Total 11,368
Calls: 4,824 (42%)
Puts: 6,544 (58%)
Prior 7-Day Average 3,789
Calls: 689 (42%)
Puts: 934 (58%)
Current vs Prior 7-Day Avg -87.23%
Calls: -47.04%
Puts: -87.27%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/10 9:35am) $1.71M
Calls: $1.60M (94%)
Puts: $110.8K (6%)
Prior --
Calls: $671.7K (48%)
Puts: $714.3K (52%)
Current vs Prior +0.00%
Calls: +137.92%
Puts: -84.49%
Prior 7-Day Total $9.00M
Calls: $4.19M (47%)
Puts: $4.81M (53%)
Prior 7-Day Average $3.00M
Calls: $599.0K (47%)
Puts: $687.0K (53%)
Current vs Prior 7-Day Avg -43.05%
Calls: +166.78%
Puts: -83.87%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/10 9:35am) 0.33
Prior 1.00
Current vs Prior -67.40%
Prior 7-Day Average 1.59
Current vs Prior 7-Day Avg -79.54%
Sentiment BULLISH

Open Interest

Detail
Current (08/10 9:35am) 49,408
Calls: 23,416 (47%)
Puts: 25,992 (53%)
Prior --
Calls: -- (--)
Puts: -- (--)
Current vs Prior +0.00%
Prior 7-Day Total 143,777
Calls: 69,337 (48%)
Puts: 74,440 (52%)
Prior 7-Day Average 47,925
Calls: 23,112 (48%)
Puts: 24,813 (52%)
Current vs Prior 7-Day Avg +3.09%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 4.14% | 5.27%5.27% | 8.72%
Prior 1.45% | 5.99%8.37% | 12.09%
Current vs Prior +185.88% | -12.02%-37.05% | -27.84%
Prior 7-Day Avg 3.21% | 6.57%8.44% | 12.06%
Current vs 7-Day Avg +29.06% | -19.81%-37.52% | -27.67%
Prior 7-Day Eod 1.45% | 5.99%5.71% | 9.64%
Current vs 7-Day Eod +185.88% | -12.02%-7.78% | -9.49%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 66.50% | 48.91%
Calls: 62.30% | 51.66%
Puts: 70.71% | 46.15%
Prior 179.92% | 29.89%
Calls: 108.37% | 43.11%
Puts: 251.47% | 16.67%
Current vs Prior -63.04% | +63.63%
Prior 7-Day Avg 152.79% | 19.55%
Calls: 88.09% | 26.55%
Puts: 217.49% | 12.55%
Current vs 7-Day Avg -56.48% | +150.18%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 94% of dollar volume in calls ($1.60M) vs puts ($110.8K). Extreme bullish P/C ratio of 0.33 - heavy call buying (365 calls vs 119 puts). P/C ratio dropping 67% - sentiment shifting bullish.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BEARISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
14:10BEARISHBEARISHBEARISH
09:35BULLISHBULLISHBULLISH

📈 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 8 of results (avg 8.8%, best 7.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$440.00Aug 1490.1096.70$93.407.1%10.9524
$430.00Sep 18102.50111.00$106.758.0%--0.9241
$450.00Sep 1883.6091.00$87.308.5%--0.8858
$440.00Sep 1892.70101.00$96.858.6%--0.90129
$450.00Aug 2881.5089.10$85.308.9%--0.8910
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$610.00Sep 1173.4081.00$77.209.8%10.87--

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. 61 found (avg delta 0.81, highest 0.95)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$440.00Aug 1490.1096.70$93.407.1%10.9524
$460.00Aug 2170.1078.80$74.4511.7%--0.9553
$467.50Aug 1462.3070.80$66.5512.8%--0.9431
$470.00Aug 1459.8067.40$63.6011.9%--0.9420
$472.50Aug 1457.3065.90$61.6014.0%--0.9435
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$610.00Sep 1173.4081.00$77.209.8%10.87--
$590.00Sep 1155.2062.10$58.6511.8%10.82--
$580.00Sep 1146.7053.40$50.0513.4%10.80--
$560.00Aug 2829.0034.90$31.9518.5%10.73--
$555.00Aug 2823.6031.00$27.3027.1%10.69--

Most actively traded options today. High liquidity = easy entry/exit. 74 active (total vol 299, top 73)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$520.00Aug 2117.9020.50$19.2013.5%730.71383
$550.00Aug 214.408.10$6.2559.2%190.32408
$500.00Aug 2835.4042.00$38.7017.1%120.8269
$480.00Sep 1856.8063.60$60.2011.3%120.85242
$490.00Sep 1848.0055.00$51.5013.6%120.81181
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$520.00Aug 141.007.20$4.10151.2%100.278
$450.00Sep 40.009.20$4.60200.0%100.1112
$455.00Sep 40.007.80$3.90200.0%100.1111
$500.00Sep 185.1010.90$8.0072.5%100.24249
$475.00Aug 140.002.70$1.35200.0%70.0711

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 46 strikes (avg 64.0%, max 149.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$490.00Aug 14Sep 1878.3%31.4%149.5%12199
$440.00Aug 14Sep 18111.3%50.8%119.1%1153
$485.00Aug 14Sep 1175.7%34.9%117.1%--45
$500.00Aug 14Sep 1864.4%30.7%109.6%3366
$470.00Aug 14Sep 1878.7%38.1%106.9%--249
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$490.00Aug 14Sep 1878.3%31.4%149.5%--47
$450.00Aug 14Sep 18106.4%46.9%126.7%2314
$440.00Aug 14Sep 18111.3%50.8%119.1%2334
$485.00Aug 14Sep 1175.7%34.9%117.1%--37
$460.00Aug 14Sep 1891.7%42.4%116.3%1712

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 70 found (best R:R 99.00, avg 10.88)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$575.00$620.00Sep 11$0.70$44.30$0.7063.29$575.70
$590.00$600.00Sep 18$0.23$9.77$0.2342.48$590.23
$560.00$630.00Aug 28$3.50$66.50$3.5019.00$563.50
$565.00$630.00Sep 4$3.25$61.75$3.2519.00$568.25
$600.00$630.00Sep 18$2.05$27.95$2.0513.63$602.05
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$500.00$490.00Aug 21$0.10$9.90$0.1099.00$499.90
$480.00$470.00Aug 28$0.10$9.90$0.1099.00$479.90
$450.00$440.00Sep 18$0.18$9.82$0.1854.56$449.82
$470.00$465.00Aug 28$0.10$4.90$0.1049.00$469.90
$485.00$470.00Sep 4$0.30$14.70$0.3049.00$484.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 99 found (best R:R 41.31, avg 3.71)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$440.00$467.50Aug 14$26.85$26.85$0.6541.31$466.85
$480.00$487.50Aug 21$7.30$7.30$0.2036.50$487.30
$450.00$470.00Aug 28$19.25$19.25$0.7525.67$469.25
$490.00$492.50Aug 14$2.40$2.40$0.1024.00$492.40
$460.00$470.00Aug 21$9.55$9.55$0.4521.22$469.55
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$560.00$555.00Aug 28$4.65$4.65$0.3513.29$555.35
$610.00$590.00Sep 11$18.55$18.55$1.4512.79$591.45
$590.00$580.00Sep 11$8.60$8.60$1.406.14$581.40
$462.50$460.00Aug 21$2.12$2.12$0.385.58$460.38
$550.00$540.00Aug 21$6.75$6.75$3.252.08$543.25

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 42 found (avg debit $2.32, cheapest $0.30)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$490.00Aug 14Aug 21$0.3078.3%42.5%
$560.00Aug 21Aug 28$0.3041.5%33.1%
$450.00Aug 21Aug 28$0.5576.5%68.2%
$500.00Aug 14Aug 21$0.7564.4%35.8%
$480.00Aug 14Aug 21$0.8068.7%55.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$510.00Aug 14Aug 21$0.3559.7%38.0%
$485.00Aug 14Aug 21$0.4075.7%48.8%
$482.50Aug 14Aug 21$0.8576.2%51.7%
$440.00Aug 14Aug 21$1.12111.3%78.8%
$495.00Aug 14Sep 4$1.4073.1%34.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 41 found (cheapest 4.19% of stock, avg 10.98%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$520.00Aug 14$18.25$4.10$22.35$497.65$542.354.19%
$530.00Aug 21$15.10$9.95$25.05$504.95$555.054.70%
$540.00Aug 21$10.55$15.40$25.95$514.05$565.954.87%
$550.00Aug 21$6.25$22.15$28.40$521.60$578.405.33%
$535.00Aug 28$15.10$14.65$29.75$505.25$564.755.58%
$510.00Aug 14$25.85$4.70$30.55$479.45$540.555.73%
$510.00Aug 21$28.50$5.05$33.55$476.45$543.556.29%
$500.00Aug 21$35.10$2.45$37.55$462.45$537.557.04%
$560.00Aug 28$6.50$31.95$38.45$521.55$598.457.21%
$495.00Aug 14$38.85$3.65$42.50$452.50$537.507.97%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 115 found (cheapest 1.15% of stock, avg 2.64%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$550.00$485.00Aug 14$3.70$2.45$6.15$478.85$556.15
$555.00$485.00Aug 14$4.08$2.45$6.53$478.47$561.53
$630.00$470.00Aug 28$3.00$3.50$6.50$463.50$636.50
$630.00$480.00Aug 28$3.00$3.60$6.60$473.40$636.60
$630.00$465.00Sep 4$3.00$3.70$6.70$458.30$636.70
$550.00$490.00Aug 14$3.70$3.50$7.20$482.80$557.20
$550.00$495.00Aug 14$3.70$3.65$7.35$487.65$557.35
$555.00$490.00Aug 14$4.08$3.50$7.58$482.42$562.58
$565.00$500.00Aug 21$5.10$2.45$7.55$492.45$572.55
$630.00$450.00Sep 4$3.00$4.60$7.60$442.40$637.60

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 101 found (best R:R 65.67, avg credit $6.89)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
430/440480/490Sep 18$9.85$0.1565.67$430.15$489.85
430/450470/500Aug 28$29.35$0.6545.15$420.65$499.35
430/435488/490Aug 21$4.87$0.1337.46$430.13$492.37
430/440470/480Sep 18$9.70$0.3032.33$430.30$479.70
440/450460/470Sep 18$9.33$0.6713.93$440.67$469.33
450/455470/500Aug 28$27.50$2.5011.00$427.50$497.50
465/470488/490Aug 21$4.55$0.4510.11$465.45$492.05
430/440490/500Sep 18$9.00$1.009.00$431.00$499.00
440/450480/490Sep 18$8.88$1.127.93$441.12$488.88
490/500510/520Sep 18$8.75$1.257.00$491.25$518.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 37 found (best R:R 124.00, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$440.00$450.00$460.00Sep 18$0.15$9.8565.67
$450.00$460.00$470.00Sep 18$0.25$9.7539.00
$550.00$560.00$570.00Sep 18$0.30$9.7032.33
$430.00$440.00$450.00Sep 18$0.35$9.6527.57
$500.00$510.00$520.00Sep 18$0.45$9.5521.22
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$450.00$460.00$470.00Sep 18$0.08$9.92124.00
$460.00$465.00$470.00Aug 28$0.10$4.9049.00
$500.00$510.00$520.00Sep 18$0.20$9.8049.00
$467.50$470.00$472.50Aug 14$0.10$2.4024.00
$480.00$482.50$485.00Aug 21$0.10$2.4024.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 83 found (best net $-4.25, 72 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$575.00$620.001:2Sep 11-$4.25$40.75
$600.00$630.001:2Sep 18-$0.95$29.05
$470.00$500.001:2Aug 28-$11.35$18.65
$600.00$620.001:2Aug 21-$5.15$14.85
$545.00$560.001:2Sep 4-$3.40$11.60
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$530.00$510.001:2Aug 21-$0.15$19.85
$450.00$430.001:2Aug 28-$0.85$19.15
$555.00$535.001:2Aug 28-$2.00$18.00
$510.00$495.001:2Aug 14-$2.60$12.40
$485.00$470.001:2Sep 4-$4.40$10.60

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 26 found (best yield 2.96%, avg 0.99%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$540.00Sep 18$15.800.481.3%2.96%4.24%1110
$535.00Aug 28$12.200.510.3%2.29%2.63%1--
$550.00Sep 18$11.500.403.1%2.16%5.31%5400
$545.00Sep 4$9.800.422.2%1.84%4.05%--39
$540.00Aug 28$9.600.461.3%1.80%3.08%1--
$550.00Sep 11$8.400.393.1%1.58%4.73%--82
$560.00Sep 18$7.500.345.0%1.41%6.43%--100
$540.00Aug 21$7.100.441.3%1.33%2.61%2280
$550.00Aug 28$5.700.363.1%1.07%4.22%14
$535.00Aug 14$5.500.490.3%1.03%1.37%322

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 365
Total Puts 119
Put/Call Ratio 0.33
Net Difference 246

Prior's Put/Call Breakdown

Total Calls 515
Total Puts 1,431
Put/Call Ratio 1.00
Net Difference -916

Prior 7-Day Put/Call Summary

Total Calls 4,824
Total Puts 6,544
Average Put/Call Ratio 1.59
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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