Tour v500
VRTX
VERTEX PHARMACEUTICA
$529.90 +6.82%
8/10 09:40

Option Volume

Detail
Current (08/10 9:40am) 1,128
Calls: 978 (87%)
Puts: 150 (13%)
Prior --
Calls: 515 (26%)
Puts: 1,431 (74%)
Current vs Prior +0.00%
Calls: +89.90% (Calls)
Puts: -89.52% (Puts)
Prior 7-Day Total 11,852
Calls: 5,189 (44%)
Puts: 6,663 (56%)
Prior 7-Day Average 2,963
Calls: 741 (44%)
Puts: 951 (56%)
Current vs Prior 7-Day Avg -61.93%
Calls: +31.93%
Puts: -84.24%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/10 9:40am) $2.90M
Calls: $2.76M (95%)
Puts: $135.8K (5%)
Prior --
Calls: $671.7K (48%)
Puts: $714.3K (52%)
Current vs Prior +0.00%
Calls: +311.25%
Puts: -80.99%
Prior 7-Day Total $10.71M
Calls: $5.79M (54%)
Puts: $4.92M (46%)
Prior 7-Day Average $2.68M
Calls: $827.3K (54%)
Puts: $702.9K (46%)
Current vs Prior 7-Day Avg +8.22%
Calls: +233.89%
Puts: -80.68%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/10 9:40am) 0.15
Prior 1.00
Current vs Prior -84.66%
Prior 7-Day Average 1.28
Current vs Prior 7-Day Avg -87.98%
Sentiment BULLISH

Open Interest

Detail
Current (08/10 9:40am) 49,408
Calls: 23,416 (47%)
Puts: 25,992 (53%)
Prior --
Calls: -- (--)
Puts: -- (--)
Current vs Prior +0.00%
Prior 7-Day Total 193,185
Calls: 92,753 (48%)
Puts: 100,432 (52%)
Prior 7-Day Average 48,296
Calls: 23,188 (48%)
Puts: 25,108 (52%)
Current vs Prior 7-Day Avg +2.30%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 4.00% | 4.93%4.93% | 8.76%
Prior 6.35% | 7.36%8.50% | 12.03%
Current vs Prior -37.02% | -32.92%-41.93% | -27.20%
Prior 7-Day Avg 3.21% | 6.57%8.44% | 12.06%
Current vs 7-Day Avg +24.58% | -24.91%-41.49% | -27.38%
Prior 7-Day Eod 6.35% | 7.36%5.71% | 9.64%
Current vs 7-Day Eod -37.02% | -32.92%-13.65% | -9.13%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 210.60% | 33.98%
Calls: 358.97% | 46.58%
Puts: 62.22% | 21.37%
Prior 15.64% | 18.34%
Calls: 15.59% | 20.85%
Puts: 15.69% | 15.84%
Current vs Prior +1246.55% | +85.28%
Prior 7-Day Avg 107.07% | 19.15%
Calls: 63.92% | 24.65%
Puts: 150.22% | 13.65%
Current vs 7-Day Avg +96.69% | +77.47%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 95% of dollar volume in calls ($2.76M) vs puts ($135.8K). Extreme bullish P/C ratio of 0.15 - heavy call buying (978 calls vs 150 puts). P/C ratio dropping 85% - 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 BULLISH
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
09:40BULLISHBULLISHBULLISH
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 4 of results (avg 9.3%, best 8.7%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$440.00Aug 1485.9093.70$89.808.7%10.9824
$430.00Sep 1897.60107.00$102.309.2%--0.9141
$440.00Sep 1888.1097.00$92.559.6%--0.89129
$450.00Sep 1879.7088.00$83.859.9%--0.8858
PUTS (0)
No puts meet the criteria

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. 65 found (avg delta 0.80, highest 0.98)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$440.00Aug 1485.9093.70$89.808.7%10.9824
$460.00Aug 2166.1074.70$70.4012.2%--0.9553
$470.00Aug 1455.3064.00$59.6514.6%--0.9420
$467.50Aug 1457.9067.00$62.4514.6%--0.9431
$475.00Aug 1450.7059.00$54.8515.1%--0.9420
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$555.00Aug 1423.1030.30$26.7027.0%10.91--
$610.00Sep 1177.8086.00$81.9010.0%10.88--
$590.00Sep 1158.4066.40$62.4012.8%10.83--
$580.00Sep 1148.3057.00$52.6516.5%10.81--
$560.00Aug 2831.5038.00$34.7518.7%10.75--

Most actively traded options today. High liquidity = easy entry/exit. 84 active (total vol 866, top 343)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$520.00Aug 2114.8020.80$17.8033.7%3430.66383
$540.00Sep 1814.3019.40$16.8530.3%2420.45110
$550.00Aug 212.808.10$5.4597.2%250.28408
$480.00Sep 1853.0059.20$56.1011.1%130.83242
$500.00Aug 2831.9039.00$35.4520.0%120.7769
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$510.00Aug 140.209.20$4.70191.5%100.24--
$520.00Aug 142.507.20$4.8596.9%100.318
$510.00Aug 210.1010.00$5.05196.0%100.25277
$450.00Sep 40.009.20$4.60200.0%100.1212
$455.00Sep 40.007.80$3.90200.0%100.1111

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 48 strikes (avg 62.4%, max 154.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$490.00Aug 14Sep 1875.7%29.8%154.1%13199
$485.00Aug 14Sep 1174.6%33.1%125.2%--45
$500.00Aug 14Sep 1861.7%28.9%113.0%5366
$470.00Aug 14Sep 1876.3%36.7%107.7%--249
$480.00Aug 14Sep 1867.2%34.1%97.2%16298
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$490.00Aug 14Sep 1875.7%29.8%154.1%247
$450.00Aug 14Sep 18105.7%45.7%131.3%2314
$485.00Aug 14Sep 1174.6%33.1%125.2%--37
$460.00Aug 14Sep 1890.0%40.8%120.6%1712
$495.00Aug 14Sep 470.7%32.5%117.9%--71

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 76 found (best R:R 82.33, avg 9.92)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$560.00$630.00Aug 28$3.28$66.72$3.2820.34$563.28
$575.00$620.00Sep 11$2.25$42.75$2.2519.00$577.25
$600.00$630.00Sep 18$1.50$28.50$1.5019.00$601.50
$565.00$630.00Sep 4$3.75$61.25$3.7516.33$568.75
$565.00$575.00Sep 11$0.90$9.10$0.9010.11$565.90
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$470.00$460.00Sep 18$0.12$9.88$0.1282.33$469.88
$520.00$510.00Aug 14$0.15$9.85$0.1565.67$519.85
$490.00$480.00Sep 18$0.15$9.85$0.1565.67$489.85
$485.00$470.00Sep 4$0.30$14.70$0.3049.00$484.70
$450.00$440.00Sep 18$0.23$9.77$0.2342.48$449.77

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 114 found (best R:R 182.33, avg 5.58)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$440.00$467.50Aug 14$27.35$27.35$0.15182.33$467.35
$450.00$460.00Aug 21$9.85$9.85$0.1565.67$459.85
$430.00$440.00Sep 18$9.75$9.75$0.2539.00$439.75
$492.50$500.00Aug 21$7.25$7.25$0.2529.00$499.75
$460.00$470.00Aug 21$9.55$9.55$0.4521.22$469.55
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$590.00$580.00Sep 11$9.75$9.75$0.2539.00$580.25
$610.00$590.00Sep 11$19.50$19.50$0.5039.00$590.50
$462.50$460.00Aug 21$2.27$2.27$0.239.87$460.23
$560.00$555.00Aug 28$3.95$3.95$1.053.76$556.05
$555.00$530.00Aug 14$18.00$18.00$7.002.57$537.00

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 44 found (avg debit $2.15, cheapest $0.13)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$620.00Aug 21Sep 11$0.2068.8%41.6%
$472.50Aug 14Aug 21$0.5076.4%60.0%
$502.50Aug 14Aug 21$0.6059.4%33.8%
$450.00Aug 21Aug 28$0.7069.4%65.8%
$475.00Aug 14Aug 21$0.8071.4%57.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$425.00Aug 14Aug 21$0.13165.7%102.0%
$510.00Aug 14Aug 21$0.3556.5%34.8%
$450.00Aug 14Aug 21$0.65105.7%69.4%
$485.00Aug 14Aug 21$0.6574.6%48.3%
$482.50Aug 14Aug 21$0.9074.8%50.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 46 found (cheapest 3.64% of stock, avg 10.07%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$530.00Aug 14$10.60$8.70$19.30$510.70$549.303.64%
$520.00Aug 14$15.45$4.85$20.30$499.70$540.303.83%
$530.00Aug 21$12.45$11.55$24.00$506.00$554.004.53%
$520.00Aug 21$17.80$6.35$24.15$495.85$544.154.56%
$540.00Aug 21$8.65$17.50$26.15$513.85$566.154.93%
$510.00Aug 14$22.75$4.70$27.45$482.55$537.455.18%
$555.00Aug 14$1.50$26.70$28.20$526.80$583.205.32%
$535.00Aug 28$12.35$16.70$29.05$505.95$564.055.48%
$510.00Aug 21$24.30$5.05$29.35$480.65$539.355.54%
$550.00Aug 21$5.45$24.65$30.10$519.90$580.105.68%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 120 found (cheapest 0.94% of stock, avg 2.53%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$555.00$490.00Aug 14$1.50$3.50$5.00$485.00$560.00
$555.00$495.00Aug 14$1.50$3.70$5.20$489.80$560.20
$550.00$490.00Aug 14$2.25$3.50$5.75$484.25$555.75
$560.00$500.00Aug 21$3.08$2.75$5.83$494.17$565.83
$550.00$495.00Aug 14$2.25$3.70$5.95$489.05$555.95
$555.00$510.00Aug 14$1.50$4.70$6.20$503.80$561.20
$630.00$470.00Aug 28$2.50$3.70$6.20$463.80$636.20
$630.00$465.00Sep 4$2.50$3.70$6.20$458.80$636.20
$560.00$485.00Aug 21$3.08$3.25$6.33$478.67$566.33
$555.00$520.00Aug 14$1.50$4.85$6.35$513.65$561.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 106 found (best R:R 99.00, avg credit $7.26)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
430/440460/470Sep 18$9.90$0.1099.00$430.10$469.90
470/472480/488Aug 21$7.25$0.2529.00$465.25$487.25
430/450470/500Aug 28$28.65$1.3521.22$421.35$498.65
500/510520/530Sep 18$9.35$0.6514.38$500.65$529.35
460/465470/500Aug 28$27.85$2.1512.95$437.15$497.85
440/450470/480Sep 18$9.23$0.7711.99$440.77$479.23
470/472492/495Aug 14$2.30$0.2011.50$470.20$494.80
430/440490/500Sep 18$9.05$0.959.53$430.95$499.05
440/450460/470Sep 18$8.98$1.028.80$441.02$468.98
430/440480/490Sep 18$8.75$1.257.00$431.25$488.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 43 found (best R:R 39.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$500.00$510.00$520.00Sep 18$0.25$9.7539.00
$450.00$460.00$470.00Aug 21$0.30$9.7032.33
$490.00$492.50$495.00Aug 14$0.10$2.4024.00
$470.00$472.50$475.00Aug 21$0.10$2.4024.00
$550.00$560.00$570.00Sep 18$0.60$9.4015.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$450.00$460.00$470.00Sep 18$0.32$9.6830.25
$460.00$470.00$480.00Sep 18$0.63$9.3714.87
$520.00$530.00$540.00Aug 21$0.75$9.2512.33
$472.50$475.00$477.50Aug 14$0.26$2.248.62
$530.00$540.00$550.00Aug 21$1.20$8.807.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 85 found (best net $-1.15, 74 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$575.00$620.001:2Sep 11-$1.15$43.85
$600.00$630.001:2Sep 18-$1.00$29.00
$470.00$500.001:2Aug 28-$8.80$21.20
$600.00$620.001:2Aug 21-$5.15$14.85
$500.00$520.001:2Aug 28-$5.95$14.05
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$450.00$430.001:2Aug 28-$0.85$19.15
$555.00$535.001:2Aug 28-$2.60$17.40
$540.00$520.001:2Sep 18-$4.90$15.10
$510.00$495.001:2Aug 14-$2.70$12.30
$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 3.40%, avg 1.03%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$530.00Sep 18$18.000.520.0%3.40%3.42%397
$540.00Sep 18$14.300.451.9%2.70%4.60%242110
$550.00Sep 18$9.900.383.8%1.87%5.66%7400
$530.00Aug 21$8.900.520.0%1.68%1.70%--106
$535.00Aug 28$8.700.461.0%1.64%2.60%1--
$530.00Aug 14$8.200.540.0%1.55%1.57%--21
$545.00Sep 4$7.700.382.9%1.45%4.30%--39
$540.00Aug 28$7.100.411.9%1.34%3.25%1--
$560.00Sep 18$7.100.315.7%1.34%7.02%--100
$550.00Sep 11$6.500.353.8%1.23%5.02%--82

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 978
Total Puts 150
Put/Call Ratio 0.15
Net Difference 828

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 5,189
Total Puts 6,663
Average Put/Call Ratio 1.28
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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