Tour v500
VRTX
VERTEX PHARMACEUTICA
$532.04 +7.25%
8/10 13:00

Option Volume

Detail
Current (08/10 1:00pm) 3,651
Calls: 2,392 (66%)
Puts: 1,259 (34%)
Prior --
Calls: 515 (26%)
Puts: 1,431 (74%)
Current vs Prior +0.00%
Calls: +364.47% (Calls)
Puts: -12.02% (Puts)
Prior 7-Day Total 22,053
Calls: 11,639 (53%)
Puts: 10,414 (47%)
Prior 7-Day Average 3,150
Calls: 1,662 (53%)
Puts: 1,487 (47%)
Current vs Prior 7-Day Avg +15.89%
Calls: +43.86%
Puts: -15.37%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/10 1:00pm) $6.20M
Calls: $5.61M (91%)
Puts: $588.6K (9%)
Prior --
Calls: $671.7K (48%)
Puts: $714.3K (52%)
Current vs Prior +0.00%
Calls: +735.42%
Puts: -17.60%
Prior 7-Day Total $27.55M
Calls: $20.80M (75%)
Puts: $6.75M (25%)
Prior 7-Day Average $3.94M
Calls: $2.97M (75%)
Puts: $964.3K (25%)
Current vs Prior 7-Day Avg +57.54%
Calls: +88.86%
Puts: -38.96%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/10 1:00pm) 0.53
Prior 1.00
Current vs Prior -47.37%
Prior 7-Day Average 1.01
Current vs Prior 7-Day Avg -47.82%
Sentiment BULLISH

Open Interest

Detail
Current (08/10 1:00pm) 49,408
Calls: 23,416 (47%)
Puts: 25,992 (53%)
Prior --
Calls: -- (--)
Puts: -- (--)
Current vs Prior +0.00%
Prior 7-Day Total 341,409
Calls: 163,001 (48%)
Puts: 178,408 (52%)
Prior 7-Day Average 48,772
Calls: 23,285 (48%)
Puts: 25,486 (52%)
Current vs Prior 7-Day Avg +1.30%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 3.10% | 4.34%4.34% | 8.23%
Prior 6.35% | 7.36%8.50% | 12.03%
Current vs Prior -51.18% | -40.98%-48.91% | -31.56%
Prior 7-Day Avg 3.21% | 6.57%8.44% | 12.06%
Current vs 7-Day Avg -3.43% | -33.94%-48.53% | -31.72%
Prior 7-Day Eod 6.35% | 7.36%5.71% | 9.64%
Current vs 7-Day Eod -51.18% | -40.98%-24.03% | -14.56%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 18.16% | 14.71%
Calls: 15.95% | 15.38%
Puts: 20.36% | 14.04%
Prior 15.64% | 18.34%
Calls: 15.59% | 20.85%
Puts: 15.69% | 15.84%
Current vs Prior +16.11% | -19.79%
Prior 7-Day Avg 107.07% | 19.15%
Calls: 63.92% | 24.65%
Puts: 150.22% | 13.65%
Current vs 7-Day Avg -83.04% | -23.17%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 91% of dollar volume in calls ($5.61M) vs puts ($588.6K). Dollar volume significantly above 7-day average (58% higher). Bullish P/C ratio of 0.53. P/C ratio dropping 47% - 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
13:00BULLISHBULLISHBULLISH
12:00BULLISHBULLISHBULLISH
11:00BULLISHBULLISHBULLISH
10:35BULLISHBULLISHBULLISH
10:30BULLISHBULLISHBULLISH
10:25BULLISHBULLISHBULLISH
10:20BULLISHBULLISHBULLISH
10:15BULLISHBULLISHBULLISH
10:10BULLISHBULLISHBULLISH
10:05BULLISHBULLISHBULLISH
10:00BULLISHBULLISHBULLISH
09:55BULLISHBULLISHBULLISH
09:50BULLISHBULLISHBULLISH
09:45BULLISHBULLISHBULLISH
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 25 of results (avg 7.7%, best 4.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$520.00Sep 1826.3027.60$26.954.8%590.62350
$530.00Sep 1821.1022.20$21.655.1%280.5497
$440.00Sep 1891.9097.30$94.605.7%--0.94129
$430.00Sep 18101.50107.60$104.555.8%20.9741
$510.00Sep 1833.0035.10$34.056.2%310.70371
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$540.00Sep 1821.5022.80$22.155.9%10.54--
$530.00Sep 1816.3017.60$16.957.7%50.466
$610.00Sep 1175.6082.00$78.808.1%10.88--
$520.00Sep 1812.1013.20$12.658.7%--0.3813

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. 77 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$440.00Aug 1488.4094.70$91.556.9%11.0024
$470.00Aug 1458.8064.90$61.859.9%41.0020
$480.00Aug 1449.0054.60$51.8010.8%81.0056
$450.00Aug 2180.0085.20$82.606.3%30.9827
$430.00Sep 18101.50107.60$104.555.8%20.9741
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$555.00Aug 1421.2026.60$23.9022.6%20.89--
$610.00Sep 1175.6082.00$78.808.1%10.88--
$580.00Sep 1146.9054.00$50.4514.1%10.86--
$590.00Sep 1156.3063.00$59.6511.2%10.86--
$560.00Aug 2827.7035.00$31.3523.3%10.80--

Most actively traded options today. High liquidity = easy entry/exit. 166 active (total vol 2.8K, top 401)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$520.00Aug 2114.3019.40$16.8530.3%4010.70383
$540.00Sep 1815.9017.10$16.507.3%2470.46110
$500.00Sep 1839.3042.70$41.008.3%1200.77350
$550.00Aug 213.504.60$4.0527.2%1190.26408
$530.00Aug 2110.8012.60$11.7015.4%740.55106
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$470.00Aug 140.000.35$0.18194.4%2500.02373
$510.00Aug 140.152.15$1.15173.9%1040.12--
$510.00Aug 212.153.40$2.7845.0%1000.18277
$500.00Sep 186.207.10$6.6513.5%800.23249
$505.00Aug 140.001.30$0.65200.0%560.07--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 58 strikes (avg 44.8%, max 188.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$600.00Aug 14Sep 1875.9%27.0%181.2%459
$440.00Aug 14Sep 1895.2%38.4%147.9%1153
$490.00Aug 14Sep 1857.9%28.4%103.9%23199
$485.00Aug 14Sep 1163.3%34.2%85.0%--45
$492.50Aug 14Aug 2168.4%40.6%68.3%2311
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$460.00Aug 14Sep 1891.9%31.9%188.0%4712
$430.00Aug 14Sep 1894.7%36.0%162.9%16196
$440.00Aug 14Sep 1895.2%38.4%147.9%14334
$490.00Aug 14Sep 1857.9%28.4%103.9%947
$450.00Aug 14Sep 1861.1%32.7%86.6%16314

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 94 found (best R:R 65.67, avg 7.90)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$600.00$630.00Sep 18$0.47$29.53$0.4762.83$600.47
$560.00$565.00Aug 14$0.13$4.87$0.1337.46$560.13
$575.00$620.00Sep 11$1.40$43.60$1.4031.14$576.40
$565.00$630.00Sep 4$2.27$62.73$2.2727.63$567.27
$570.00$580.00Aug 21$0.50$9.50$0.5019.00$570.50
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$480.00$470.00Sep 18$0.15$9.85$0.1565.67$479.85
$505.00$500.00Aug 14$0.12$4.88$0.1240.67$504.88
$445.00$440.00Aug 21$0.12$4.88$0.1240.67$444.88
$440.00$430.00Aug 14$0.27$9.73$0.2736.04$439.73
$500.00$485.00Sep 11$0.43$14.57$0.4333.88$499.57

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 143 found (best R:R 29.00, avg 3.62)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$470.00$500.00Aug 28$29.00$29.00$1.0029.00$499.00
$475.00$480.00Aug 14$4.80$4.80$0.2024.00$479.80
$480.00$482.50Aug 14$2.40$2.40$0.1024.00$482.40
$495.00$497.50Aug 14$2.40$2.40$0.1024.00$497.40
$472.50$475.00Aug 21$2.40$2.40$0.1024.00$474.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$610.00$590.00Sep 11$19.15$19.15$0.8522.53$590.85
$462.50$460.00Aug 21$2.35$2.35$0.1515.67$460.15
$590.00$580.00Sep 11$9.20$9.20$0.8011.50$580.80
$550.00$545.00Aug 28$3.80$3.80$1.203.17$546.20
$560.00$555.00Aug 28$3.75$3.75$1.253.00$556.25

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 55 found (avg debit $2.05, cheapest $0.18)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$620.00Aug 21Sep 11$0.2067.9%40.7%
$470.00Aug 14Aug 21$0.3054.8%41.1%
$580.00Aug 21Aug 28$0.3232.3%27.5%
$480.00Aug 14Aug 21$0.7048.5%35.6%
$500.00Aug 14Aug 21$0.7537.5%29.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$450.00Aug 14Aug 21$0.1861.1%45.1%
$455.00Aug 28Sep 4$0.3058.4%51.1%
$480.00Aug 14Aug 21$0.4048.5%35.6%
$470.00Aug 14Aug 21$0.4254.8%41.1%
$495.00Aug 14Aug 21$0.4745.6%31.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 60 found (cheapest 2.67% of stock, avg 8.87%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$530.00Aug 14$8.15$6.05$14.20$515.80$544.202.67%
$525.00Aug 14$11.15$3.60$14.75$510.25$539.752.77%
$520.00Aug 14$14.85$2.42$17.27$502.73$537.273.25%
$530.00Aug 21$11.70$8.85$20.55$509.45$550.553.86%
$525.00Aug 21$14.60$6.70$21.30$503.70$546.304.00%
$520.00Aug 21$16.85$5.05$21.90$498.10$541.904.12%
$540.00Aug 21$7.15$15.45$22.60$517.40$562.604.25%
$510.00Aug 14$22.75$1.15$23.90$486.10$533.904.49%
$555.00Aug 14$0.98$23.90$24.88$530.12$579.884.68%
$550.00Aug 21$4.05$22.10$26.15$523.85$576.154.92%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 140 found (cheapest 0.40% of stock, avg 2.53%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$555.00$510.00Aug 14$0.98$1.15$2.13$507.87$557.13
$550.00$510.00Aug 14$1.42$1.15$2.57$507.43$552.57
$555.00$515.00Aug 14$0.98$1.60$2.58$512.42$557.58
$550.00$515.00Aug 14$1.42$1.60$3.02$511.98$553.02
$555.00$520.00Aug 14$0.98$2.42$3.40$516.60$558.40
$545.00$510.00Aug 14$2.35$1.15$3.50$506.50$548.50
$550.00$520.00Aug 14$1.42$2.42$3.84$516.16$553.84
$545.00$515.00Aug 14$2.35$1.60$3.95$511.05$548.95
$560.00$505.00Aug 21$1.75$2.70$4.45$500.55$564.45
$560.00$510.00Aug 21$1.75$2.78$4.53$505.47$564.53

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 168 found (best R:R 44.45, avg credit $5.56)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
450/460470/480Sep 18$9.78$0.2244.45$450.22$479.78
430/440480/490Sep 18$9.77$0.2342.48$430.23$489.77
440/445480/488Aug 21$7.27$0.2331.61$437.73$487.27
450/455525/530Sep 4$4.82$0.1826.78$450.18$529.82
545/550560/565Aug 28$4.77$0.2320.74$545.23$564.77
450/460480/490Sep 18$9.43$0.5716.54$450.57$489.43
465/470485/500Sep 4$14.03$0.9714.46$455.97$499.03
550/555560/565Aug 28$4.52$0.489.42$550.48$564.52
490/500510/520Sep 18$8.95$1.058.52$491.05$518.95
460/465500/520Aug 28$17.77$2.237.97$447.23$517.77

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 69 found (best R:R 199.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$490.00$500.00$510.00Sep 18$0.10$9.9099.00
$450.00$460.00$470.00Aug 21$0.15$9.8565.67
$520.00$530.00$540.00Sep 18$0.15$9.8565.67
$550.00$555.00$560.00Aug 14$0.09$4.9154.56
$540.00$545.00$550.00Aug 21$0.10$4.9049.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$530.00$540.00$550.00Aug 21$0.05$9.95199.00
$525.00$530.00$535.00Aug 28$0.05$4.9599.00
$440.00$445.00$450.00Aug 14$0.06$4.9482.33
$430.00$435.00$440.00Aug 21$0.06$4.9482.33
$550.00$555.00$560.00Aug 28$0.20$4.8024.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 115 found (best net $-1.70, 94 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$580.00$630.001:2Aug 28-$1.70$48.30
$575.00$620.001:2Sep 11-$2.00$43.00
$565.00$600.001:2Aug 14-$2.26$32.74
$600.00$630.001:2Sep 18-$1.11$28.89
$470.00$500.001:2Aug 28-$6.45$23.55
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$500.00$480.001:2Aug 28-$0.55$19.45
$450.00$430.001:2Aug 28-$1.90$18.10
$450.00$430.001:2Sep 4-$3.17$16.83
$510.00$495.001:2Sep 4-$1.85$13.15
$500.00$485.001:2Sep 11-$4.62$10.38

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 40 found (best yield 2.99%, avg 0.77%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$540.00Sep 18$15.900.461.5%2.99%4.48%247110
$540.00Sep 11$12.100.451.5%2.27%3.77%12
$550.00Sep 18$11.700.383.4%2.20%5.57%63400
$535.00Aug 28$11.000.480.6%2.07%2.62%11--
$545.00Sep 4$9.700.392.4%1.82%4.26%139
$540.00Sep 4$8.700.431.5%1.64%3.13%11
$545.00Sep 11$7.900.392.4%1.48%3.92%11--
$535.00Aug 21$7.600.470.6%1.43%1.98%153
$550.00Sep 11$7.300.353.4%1.37%4.75%--82
$560.00Sep 18$6.400.315.3%1.20%6.46%--100

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 2,392
Total Puts 1,259
Put/Call Ratio 0.53
Net Difference 1,133

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 11,639
Total Puts 10,414
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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