Tour v500
VRTX
VERTEX PHARMACEUTICA
$523.85 +5.60%
8/10 15:01

Option Volume

Detail
Current (08/10 3:00pm) 4,288
Calls: 2,911 (68%)
Puts: 1,377 (32%)
Prior --
Calls: 515 (26%)
Puts: 1,431 (74%)
Current vs Prior +0.00%
Calls: +465.24% (Calls)
Puts: -3.77% (Puts)
Prior 7-Day Total 24,893
Calls: 13,666 (55%)
Puts: 11,227 (45%)
Prior 7-Day Average 3,556
Calls: 1,952 (55%)
Puts: 1,603 (45%)
Current vs Prior 7-Day Avg +20.58%
Calls: +49.11%
Puts: -14.14%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/10 3:00pm) $6.15M
Calls: $5.38M (87%)
Puts: $777.1K (13%)
Prior --
Calls: $671.7K (48%)
Puts: $714.3K (52%)
Current vs Prior +0.00%
Calls: +700.53%
Puts: +8.79%
Prior 7-Day Total $31.36M
Calls: $24.26M (77%)
Puts: $7.09M (23%)
Prior 7-Day Average $4.48M
Calls: $3.47M (77%)
Puts: $1.01M (23%)
Current vs Prior 7-Day Avg +37.38%
Calls: +55.11%
Puts: -23.29%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/10 3:00pm) 0.47
Prior 1.00
Current vs Prior -52.70%
Prior 7-Day Average 0.99
Current vs Prior 7-Day Avg -52.09%
Sentiment BULLISH

Open Interest

Detail
Current (08/10 3:00pm) 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 2.97% | 4.53%4.53% | 8.16%
Prior 6.35% | 7.36%8.50% | 12.03%
Current vs Prior -53.27% | -38.37%-46.65% | -32.16%
Prior 7-Day Avg 3.21% | 6.57%8.44% | 12.06%
Current vs 7-Day Avg -7.57% | -31.02%-46.25% | -32.32%
Prior 7-Day Eod 6.35% | 7.36%5.71% | 9.64%
Current vs 7-Day Eod -53.27% | -38.37%-20.67% | -15.31%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 21.34% | 27.65%
Calls: 20.45% | 41.16%
Puts: 22.22% | 14.14%
Prior 15.64% | 18.34%
Calls: 15.59% | 20.85%
Puts: 15.69% | 15.84%
Current vs Prior +36.45% | +50.76%
Prior 7-Day Avg 107.07% | 19.15%
Calls: 63.92% | 24.65%
Puts: 150.22% | 13.65%
Current vs 7-Day Avg -80.07% | +44.41%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 87% of dollar volume in calls ($5.38M) vs puts ($777.1K). Extreme bullish P/C ratio of 0.47 - heavy call buying (2,911 calls vs 1,377 puts). P/C ratio dropping 53% - 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
15:00BULLISHBULLISHBULLISH
14:00BULLISHBULLISHBULLISH
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 20 of results (avg 7.6%, best 2.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Aug 2173.8076.00$74.902.9%40.9927
$430.00Sep 1895.70101.50$98.605.9%20.9741
$420.00Sep 18105.00111.40$108.205.9%--0.9829
$440.00Aug 1483.2088.40$85.806.1%10.9724
$440.00Sep 1886.2091.80$89.006.3%10.95129
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$590.00Sep 1163.3067.90$65.607.0%10.85--
$610.00Sep 1181.4087.40$84.407.1%10.88--
$530.00Sep 1820.0021.50$20.757.2%70.536
$520.00Sep 1815.1016.30$15.707.6%--0.4413
$510.00Sep 1811.1012.10$11.608.6%20.3670

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. 80 found (avg delta 0.80, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Aug 2173.8076.00$74.902.9%40.9927
$470.00Aug 1453.4059.00$56.2010.0%40.9820
$420.00Sep 18105.00111.40$108.205.9%--0.9829
$480.00Aug 1443.5049.00$46.2511.9%80.9856
$440.00Aug 1483.2088.40$85.806.1%10.9724
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$555.00Aug 1428.5032.70$30.6013.7%20.94--
$580.00Sep 1153.2059.50$56.3511.2%10.90--
$610.00Sep 1181.4087.40$84.407.1%10.88--
$550.00Aug 2123.8029.00$26.4019.7%--0.8665
$590.00Sep 1163.3067.90$65.607.0%10.85--

Most actively traded options today. High liquidity = easy entry/exit. 178 active (total vol 3.4K, top 414)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$520.00Aug 2111.0016.70$13.8541.2%4140.60383
$540.00Sep 1811.8017.00$14.4036.1%2470.41110
$550.00Sep 189.2010.30$9.7511.3%2240.32400
$530.00Aug 143.204.60$3.9035.9%2140.3621
$565.00Aug 210.601.35$0.9876.5%1230.08--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$470.00Aug 140.000.35$0.18194.4%2500.02373
$510.00Aug 141.002.25$1.6376.7%1040.19--
$510.00Aug 213.204.70$3.9538.0%1040.26277
$500.00Sep 187.808.90$8.3513.2%930.28249
$505.00Aug 140.004.90$2.45200.0%560.19--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 53 strikes (avg 55.3%, max 381.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$440.00Aug 14Sep 1890.0%33.2%171.3%2153
$600.00Aug 14Sep 1857.4%29.7%93.1%459
$490.00Aug 14Sep 1851.6%27.5%87.2%24199
$470.00Aug 14Sep 1849.7%28.6%73.9%6249
$492.50Aug 14Aug 2160.7%36.2%67.7%2311
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$420.00Aug 14Sep 18169.4%35.2%381.0%36804
$460.00Aug 14Sep 1886.8%29.9%190.7%6712
$440.00Aug 14Sep 1890.0%33.2%171.3%14334
$430.00Aug 14Sep 1890.0%34.0%164.7%17196
$425.00Aug 14Aug 21162.6%67.7%140.2%1653

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 100 found (best R:R 82.33, avg 7.60)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$580.00$590.00Sep 18$0.12$9.88$0.1282.33$580.12
$555.00$560.00Aug 14$0.12$4.88$0.1240.67$555.12
$575.00$620.00Sep 11$1.40$43.60$1.4031.14$576.40
$560.00$565.00Aug 14$0.20$4.80$0.2024.00$560.20
$530.00$535.00Aug 21$0.30$4.70$0.3015.67$530.30
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$485.00$430.00Sep 11$0.70$54.30$0.7077.57$484.30
$430.00$420.00Sep 18$0.23$9.77$0.2342.48$429.77
$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
$440.00$430.00Sep 18$0.37$9.63$0.3726.03$439.63

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 146 found (best R:R 49.00, avg 3.76)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$505.00$510.00Aug 14$4.90$4.90$0.1049.00$509.90
$475.00$480.00Aug 14$4.85$4.85$0.1532.33$479.85
$450.00$470.00Aug 28$19.35$19.35$0.6529.77$469.35
$480.00$487.50Aug 21$7.25$7.25$0.2529.00$487.25
$420.00$430.00Sep 18$9.60$9.60$0.4024.00$429.60
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$610.00$590.00Sep 11$18.80$18.80$1.2015.67$591.20
$590.00$580.00Sep 11$9.25$9.25$0.7512.33$580.75
$550.00$545.00Aug 21$4.40$4.40$0.607.33$545.60
$550.00$545.00Aug 28$4.30$4.30$0.706.14$545.70
$555.00$530.00Aug 14$20.90$20.90$4.105.10$534.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 57 found (avg debit $2.18, cheapest $0.20)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$472.50Aug 14Aug 21$0.2073.4%54.5%
$620.00Aug 21Sep 11$0.2072.3%43.3%
$480.00Aug 14Aug 21$0.3043.0%33.4%
$487.50Aug 14Aug 21$0.5540.1%40.1%
$470.00Aug 14Aug 21$0.6049.7%38.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$450.00Aug 14Aug 21$0.2056.8%43.1%
$495.00Aug 14Aug 21$0.4038.7%27.2%
$470.00Aug 14Aug 21$0.4249.7%38.0%
$480.00Aug 14Aug 21$0.5043.0%33.4%
$430.00Aug 14Aug 21$0.8390.0%69.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 63 found (cheapest 2.42% of stock, avg 8.44%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$525.00Aug 14$5.95$6.75$12.70$512.30$537.702.42%
$520.00Aug 14$8.80$4.40$13.20$506.80$533.202.52%
$530.00Aug 14$3.90$9.70$13.60$516.40$543.602.60%
$510.00Aug 14$17.30$1.63$18.93$491.07$528.933.61%
$530.00Aug 21$7.45$12.75$20.20$509.80$550.203.86%
$525.00Aug 21$11.25$9.90$21.15$503.85$546.154.04%
$520.00Aug 21$13.85$7.40$21.25$498.75$541.254.06%
$540.00Aug 21$4.35$18.30$22.65$517.35$562.654.32%
$510.00Aug 21$19.75$3.95$23.70$486.30$533.704.52%
$505.00Aug 14$22.20$2.45$24.65$480.35$529.654.71%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 0.57% of stock, avg 2.59%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$545.00$510.00Aug 14$1.38$1.63$3.01$506.99$548.01
$540.00$510.00Aug 14$1.45$1.63$3.08$506.92$543.08
$545.00$505.00Aug 14$1.38$2.45$3.83$501.17$548.83
$540.00$505.00Aug 14$1.45$2.45$3.90$501.10$543.90
$535.00$510.00Aug 14$2.38$1.63$4.01$505.99$539.01
$545.00$515.00Aug 14$1.38$2.65$4.03$510.97$549.03
$540.00$515.00Aug 14$1.45$2.65$4.10$510.90$544.10
$550.00$505.00Aug 21$2.33$2.10$4.43$500.57$554.43
$535.00$505.00Aug 14$2.38$2.45$4.83$500.17$539.83
$535.00$515.00Aug 14$2.38$2.65$5.03$509.97$540.03

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 181 found (best R:R 82.33, avg credit $5.38)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
450/460480/490Sep 18$9.88$0.1282.33$450.12$489.88
460/470480/490Sep 18$9.85$0.1565.67$460.15$489.85
420/430440/450Sep 18$9.83$0.1757.82$420.17$449.83
440/445480/488Aug 21$7.37$0.1356.69$437.63$487.37
525/530540/545Sep 4$4.90$0.1049.00$525.10$544.90
430/440450/460Sep 18$9.62$0.3825.32$430.38$459.62
525/530535/540Aug 28$4.80$0.2024.00$525.20$539.80
430/440460/470Sep 18$9.57$0.4322.26$430.43$469.57
430/450470/500Aug 28$28.60$1.4020.43$421.40$498.60
420/430450/460Sep 18$9.48$0.5218.23$420.52$459.48

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 66 found (best R:R 199.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$450.00$460.00$470.00Sep 18$0.05$9.95199.00
$500.00$510.00$520.00Sep 18$0.25$9.7539.00
$440.00$450.00$460.00Sep 18$0.35$9.6527.57
$520.00$525.00$530.00Aug 28$0.20$4.8024.00
$460.00$470.00$480.00Sep 18$0.50$9.5019.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$440.00$445.00$450.00Aug 14$0.06$4.9482.33
$420.00$430.00$440.00Sep 18$0.14$9.8670.43
$460.00$470.00$480.00Sep 18$0.42$9.5822.81
$480.00$490.00$500.00Sep 18$0.45$9.5521.22
$435.00$440.00$445.00Aug 21$0.24$4.7619.83

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 120 found (best net $-3.65, 99 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$575.00$620.001:2Sep 11-$2.00$43.00
$470.00$500.001:2Aug 28-$3.05$26.95
$580.00$600.001:2Aug 14-$0.10$19.90
$500.00$520.001:2Aug 28-$1.35$18.65
$580.00$600.001:2Aug 21-$1.62$18.38
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$485.00$430.001:2Sep 11-$3.65$51.35
$500.00$480.001:2Aug 28-$0.70$19.30
$450.00$430.001:2Aug 28-$1.15$18.85
$450.00$430.001:2Sep 4-$3.07$16.93
$510.00$495.001:2Sep 4-$2.20$12.80

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 47 found (best yield 3.13%, avg 0.89%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$530.00Sep 18$16.400.481.2%3.13%4.30%3497
$525.00Sep 4$13.500.500.2%2.58%2.80%21
$530.00Sep 4$12.000.461.2%2.29%3.46%31
$540.00Sep 18$11.800.413.1%2.25%5.34%247110
$525.00Aug 28$11.400.500.2%2.18%2.40%812
$535.00Sep 4$9.600.412.1%1.83%3.96%2--
$540.00Sep 11$9.300.393.1%1.78%4.86%12
$550.00Sep 18$9.200.325.0%1.76%6.75%224400
$525.00Aug 21$8.700.530.2%1.66%1.88%524
$530.00Aug 28$8.300.441.2%1.58%2.76%337

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 2,911
Total Puts 1,377
Put/Call Ratio 0.47
Net Difference 1,534

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 13,666
Total Puts 11,227
Average Put/Call Ratio 0.99
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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