Tour v526
VRTX
VERTEX PHARMACEUTICA
$553.61 +1.10%
8/25 15:01

Option Volume

Detail
Current (08/25 3:00pm) 664
Calls: 413 (62%)
Puts: 251 (38%)
Prior (08/10) 4,288
Calls: 2,911 (68%)
Puts: 1,377 (32%)
Current vs Prior -84.51%
Calls: -85.81% (Calls)
Puts: -81.77% (Puts)
Prior 7-Day Total 28,183
Calls: 15,945 (57%)
Puts: 12,238 (43%)
Prior 7-Day Average 4,026
Calls: 2,277 (57%)
Puts: 1,748 (43%)
Current vs Prior 7-Day Avg -83.51%
Calls: -81.87%
Puts: -85.64%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/25 3:00pm) $2.06M
Calls: $1.83M (89%)
Puts: $229.1K (11%)
Prior (08/10) $6.15M
Calls: $5.38M (87%)
Puts: $777.1K (13%)
Current vs Prior -66.54%
Calls: -65.97%
Puts: -70.52%
Prior 7-Day Total $34.78M
Calls: $26.43M (76%)
Puts: $8.34M (24%)
Prior 7-Day Average $4.97M
Calls: $3.78M (76%)
Puts: $1.19M (24%)
Current vs Prior 7-Day Avg -58.55%
Calls: -51.54%
Puts: -80.78%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/25 3:00pm) 0.61
Prior (08/10) 0.47
Current vs Prior +28.48%
Prior 7-Day Average 0.98
Current vs Prior 7-Day Avg -37.69%
Sentiment BULLISH

Open Interest

Detail
Current (08/25 3:00pm) 45,123
Calls: 22,801 (51%)
Puts: 22,322 (49%)
Prior (08/10) 49,408
Calls: 23,416 (47%)
Puts: 25,992 (53%)
Current vs Prior -8.67%
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 -7.48%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 2.53% | 4.05%6.27% | 9.74%
Prior 6.35% | 7.36%8.50% | 12.03%
Current vs Prior -60.19% | -45.00%-26.24% | -19.06%
Prior 7-Day Avg 3.05% | 5.29%5.53% | 9.34%
Current vs 7-Day Avg -17.18% | -23.48%+13.35% | +4.30%
Prior 7-Day Eod 6.35% | 7.36%1.57% | 7.43%
Current vs 7-Day Eod -60.19% | -45.00%+299.44% | +31.10%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 35.12% | 9.83%
Calls: 28.93% | 9.76%
Puts: 41.32% | 9.90%
Prior 15.64% | 18.34%
Calls: 15.59% | 20.85%
Puts: 15.69% | 15.84%
Current vs Prior +124.55% | -46.40%
Prior 7-Day Avg 107.07% | 19.15%
Calls: 63.92% | 24.65%
Puts: 150.22% | 13.65%
Current vs 7-Day Avg -67.20% | -48.66%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 89% of dollar volume in calls ($1.83M) vs puts ($229.1K). Light premium activity with dollar volume down 67% vs prior. Below-average activity with volume down 85% vs prior. Bullish P/C ratio of 0.61.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
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
16:00BULLISHBULLISHBULLISH
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 18 of results (avg 7.6%, best 5.0%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Aug 28101.60106.80$104.205.0%--0.9410
$470.00Sep 1883.5088.20$85.855.5%--0.91229
$450.00Sep 18102.70108.50$105.605.5%11.0052
$460.00Sep 1893.1098.40$95.755.5%--0.9179
$470.00Aug 2881.6086.80$84.206.2%--0.8851
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Sep 1812.7013.80$13.258.3%10.4666
$620.00Aug 2863.1068.70$65.908.5%40.88--
$615.00Aug 2858.1063.70$60.909.2%40.88--

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. 46 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Sep 18102.70108.50$105.605.5%11.0052
$485.00Sep 1167.7073.40$70.558.1%--0.9518
$525.00Aug 2826.8032.20$29.5018.3%80.9422
$490.00Sep 1863.5069.50$66.509.0%--0.94124
$450.00Aug 28101.60106.80$104.205.0%--0.9410
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$615.00Aug 2858.1063.70$60.909.2%40.88--
$620.00Aug 2863.1068.70$65.908.5%40.88--
$570.00Aug 2814.7019.40$17.0527.6%--0.8513
$560.00Aug 286.8010.90$8.8546.3%10.6711
$560.00Sep 1815.9020.40$18.1524.8%10.5513

Most actively traded options today. High liquidity = easy entry/exit. 68 active (total vol 261, top 19)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Aug 286.809.10$7.9528.9%160.6077
$570.00Aug 280.601.90$1.25104.0%130.1511
$555.00Aug 283.705.80$4.7544.2%120.4640
$545.00Aug 289.9012.60$11.2524.0%100.7324
$575.00Aug 280.500.95$0.7361.6%100.1015
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Sep 251.803.90$2.8573.7%190.1233
$555.00Aug 284.807.30$6.0541.3%140.541
$530.00Aug 280.002.00$1.00200.0%110.1129
$535.00Aug 280.351.15$0.75106.7%60.106
$545.00Aug 281.303.40$2.3589.4%60.2722

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 10.5%, max 35.8%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$550.00Aug 28Sep 1828.0%25.8%8.6%23624
$570.00Aug 28Oct 231.1%29.0%7.1%1516
$545.00Aug 28Sep 428.0%26.6%5.2%1064
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$520.00Sep 4Oct 239.3%28.9%35.8%--50
$550.00Aug 28Sep 1828.0%25.8%8.6%485
$540.00Aug 28Sep 1828.1%26.5%6.1%469
$545.00Aug 28Sep 1828.0%27.4%2.3%722

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 74 found (best R:R 53.22, avg 7.30)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$585.00$630.00Sep 4$0.83$44.17$0.8314%53.22$585.83
$590.00$600.00Sep 18$0.55$9.45$0.5518%17.18$590.55
$525.00$555.00Sep 25$19.20$10.80$19.2075%0.56$544.20
$555.00$560.00Sep 18$1.70$3.30$1.7049%1.94$556.70
$545.00$550.00Sep 4$2.60$2.40$2.6065%0.92$547.60
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$520.00$500.00Oct 2$2.60$17.40$2.6024%6.69$517.40
$550.00$545.00Sep 18$1.40$3.60$1.4046%2.57$548.60
$560.00$555.00Sep 18$1.95$3.05$1.9555%1.56$558.05
$520.00$510.00Sep 18$0.97$9.03$0.9719%9.31$519.03
$485.00$470.00Sep 11$0.12$14.88$0.125%124.00$484.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 60 found (best R:R 0.35, avg 0.42)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$555.00$620.00Sep 25$16.70$16.70$48.3049%0.35$571.70
$560.00$575.00Sep 11$6.00$6.00$9.0057%0.67$566.00
$555.00$560.00Sep 11$3.25$3.25$1.7550%1.86$558.25
$565.00$570.00Sep 18$2.70$2.70$2.3060%1.17$567.70
$555.00$570.00Oct 2$7.30$7.30$7.7050%0.95$562.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$455.00$450.00Aug 28$3.30$3.30$1.7090%1.94$451.70
$460.00$450.00Sep 18$2.70$2.70$7.3091%0.37$457.30
$477.50$475.00Aug 28$1.85$1.85$0.6588%2.85$475.65
$500.00$495.00Sep 11$1.75$1.75$3.2589%0.54$498.25
$485.00$470.00Sep 4$1.80$1.80$13.2091%0.14$483.20

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $7.01, cheapest $9.20)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$550.00Aug 28Sep 4$4.3528.0%26.4%
$560.00Aug 28Sep 4$4.1728.8%27.5%
$555.00Aug 28Sep 4$4.9027.0%27.7%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$550.00Aug 28Sep 18$9.2028.0%25.8%
$560.00Aug 28Sep 18$9.3028.8%29.7%
$555.00Aug 28Sep 18$10.1527.0%28.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 22 found (cheapest 1.95% of stock, avg 6.09%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$555.00Aug 28$4.75$6.05$10.80$544.20$565.801.95%
$550.00Aug 28$7.95$4.05$12.00$538.00$562.002.17%
$560.00Aug 28$3.18$8.85$12.03$547.97$572.032.17%
$545.00Aug 28$11.25$2.35$13.60$531.40$558.602.46%
$540.00Aug 28$16.00$1.25$17.25$522.75$557.253.12%
$570.00Aug 28$1.25$17.05$18.30$551.70$588.303.31%
$530.00Aug 28$25.10$1.00$26.10$503.90$556.104.71%
$525.00Aug 28$29.50$0.40$29.90$495.10$554.905.40%
$555.00Sep 18$15.25$16.20$31.45$523.55$586.455.68%
$560.00Sep 18$13.55$18.15$31.70$528.30$591.705.73%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 115 found (cheapest 0.36% of stock, avg 2.19%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$575.00$540.00Aug 28$0.73$1.25$1.98$538.02$576.98
$570.00$540.00Aug 28$1.25$1.25$2.50$537.50$572.50
$565.00$540.00Aug 28$1.85$1.25$3.10$536.90$568.10
$585.00$515.00Sep 4$1.78$1.55$3.33$511.67$588.33
$575.00$545.00Aug 28$0.73$2.35$3.08$541.92$578.08
$585.00$530.00Sep 4$1.78$2.10$3.88$526.12$588.88
$570.00$545.00Aug 28$1.25$2.35$3.60$541.40$573.60
$565.00$545.00Aug 28$1.85$2.35$4.20$540.80$569.20
$585.00$490.00Sep 4$1.78$2.75$4.53$485.47$589.53
$640.00$485.00Sep 25$2.20$2.50$4.70$480.30$644.70

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 87 found (best R:R 3.24, avg credit $2.56)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
450/455570/575Aug 28$3.82$1.1875%3.24$451.18$573.82
450/455560/565Aug 28$4.63$0.3757%12.51$450.37$564.63
450/455565/570Aug 28$3.90$1.1068%3.55$451.10$568.90
450/460600/610Sep 18$4.10$5.9076%0.69$455.90$604.10
450/460620/630Sep 18$3.05$6.9584%0.44$456.95$623.05
450/460610/620Sep 18$3.32$6.6882%0.50$456.68$613.32
450/460580/590Sep 18$4.65$5.3566%0.87$455.35$584.65
475/478570/575Aug 28$2.37$2.6373%0.90$475.13$572.37
475/478560/565Aug 28$3.18$1.8255%1.75$474.32$563.18
475/478565/570Aug 28$2.45$2.5566%0.96$475.05$567.45

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 43 found (best R:R 12.04, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$540.00$555.00$570.00Oct 2$1.15$13.8522%12.04
$545.00$550.00$555.00Aug 28$0.10$4.9027%49.00
$530.00$540.00$550.00Sep 18$0.65$9.3520%14.38
$555.00$560.00$565.00Aug 28$0.24$4.7624%19.83
$565.00$570.00$575.00Aug 28$0.08$4.9213%61.50
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$545.00$550.00$555.00Aug 28$0.30$4.7027%15.67
$540.00$545.00$550.00Aug 28$0.60$4.4023%7.33
$520.00$527.50$535.00Sep 11$0.46$7.0412%15.30
$550.00$555.00$560.00Aug 28$0.80$4.2027%5.25
$530.00$535.00$540.00Sep 18$0.30$4.709%15.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 93 found (best net $-2.05, 79 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$485.00$520.001:2Sep 4-$2.05$32.95
$470.00$500.001:2Aug 28-$23.20$6.80
$520.00$535.001:2Sep 4-$9.05$5.95
$585.00$630.001:2Sep 4-$0.12$44.88
$530.00$540.001:2Aug 28-$6.90$3.10
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$570.00$560.001:2Aug 28-$0.65$9.35
$555.00$535.001:2Oct 2-$5.05$14.95
$535.00$520.001:2Oct 2-$2.35$12.65
$520.00$500.001:2Oct 2-$2.35$17.65
$550.00$545.001:2Aug 28-$0.65$4.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 29 found (best yield 3.31%, avg 1.03%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$555.00Oct 2$18.300.510.2%3.31%3.56%21
$570.00Oct 2$11.200.403.0%2.02%4.98%25
$555.00Sep 25$16.300.510.2%2.94%3.20%2--
$560.00Sep 18$12.900.451.1%2.33%3.48%8153
$565.00Sep 18$10.700.402.1%1.93%3.99%--72
$585.00Oct 2$5.000.285.7%0.90%6.57%--19
$590.00Oct 2$4.100.266.6%0.74%7.31%--73
$555.00Sep 18$12.300.490.2%2.22%2.47%--295
$555.00Sep 11$11.800.500.2%2.13%2.38%--10
$570.00Sep 18$6.700.343.0%1.21%4.17%--90

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 413
Total Puts 251
Put/Call Ratio 0.61
Net Difference 162

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 15,945
Total Puts 12,238
Average Put/Call Ratio 0.98
Ratio Trend Rising

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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