VRTX250110C00530000 Option on Vertex Pharmaceuticals
VRTX Stock | USD 402.49 4.62 1.13% |
VRTX250110C00530000 is a PUT option contract on Vertex Pharmaceuticals' common stock with a strick price of 530.0 expiring on 2025-01-10. The contract was not traded in recent days and, as of today, has 3 days remaining before the expiration. The option is currently trading at a bid price of $5.0, and an ask price of $11.7. The implied volatility as of the 7th of January is 3.0.
Vertex |
A put option written on Vertex Pharmaceuticals becomes more valuable as the price of Vertex Pharmaceuticals drops. Conversely, Vertex Pharmaceuticals' put option loses its value as Vertex Stock rises.
Rule 16 of 2025-01-10 Option Contract
The options market is anticipating that Vertex Pharmaceuticals will have an average daily up or down price movement of about 0.027% per day over the life of the option. With Vertex Pharmaceuticals trading at USD 402.49, that is roughly USD 0.11. If you think that the market is fully understating Vertex Pharmaceuticals' daily price movement you should consider buying Vertex Pharmaceuticals options at that current volatility level of 0.43%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Vertex Pharmaceuticals
An 'Out of The Money' option on Vertex has a strike price that Vertex Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Vertex Pharmaceuticals' 'Out of The Money' options include buying the options if you expect a big move in Vertex Pharmaceuticals' stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract Name | VRTX250110C00530000 |
Expires On | 2025-01-10 |
Days Before Expriration | 3 |
Delta | 0.227487 |
Vega | 0.473475 |
Gamma | 0.004447 |
Theoretical Value | 8.35 |
Open Interest | 3 |
Strike Price | 530.0 |
Last Traded At | 8.54 |
Current Price Spread | 5.0 | 11.7 |
Rule 16 Daily Up or Down | USD 0.11 |
Vertex short PUT Option Greeks
Vertex Pharmaceuticals' Option Greeks for the contract ending on 2025-01-10 at a strike price of 530.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Vertex Pharmaceuticals' option greeks, its implied volatility helps estimate the risk of Vertex Pharmaceuticals stock implied by the prices of the options on Vertex Pharmaceuticals' stock.
Delta | 0.227487 | |
Gamma | 0.004447 | |
Theta | -0.262502 | |
Vega | 0.473475 | |
Rho | 0.110249 |
Vertex long PUT Option Payoff at expiration
Put options written on Vertex Pharmaceuticals grant holders of the option the right to sell a specified amount of Vertex Pharmaceuticals at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Vertex Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Vertex Pharmaceuticals is like buying insurance aginst Vertex Pharmaceuticals' downside shift.
Profit |
Vertex Pharmaceuticals Price At Expiration |
Vertex short PUT Option Payoff at expiration
By selling Vertex Pharmaceuticals' put option, the investors signal their bearish sentiment. A short position in a put option written on Vertex Pharmaceuticals will generally make money when the underlying price is above the strike price. Therefore Vertex Pharmaceuticals' put payoff at expiration depends on where the Vertex Stock price is relative to the put option strike price. The breakeven price of 538.35 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Vertex Pharmaceuticals' price. Finally, at the strike price of 530.0, the payoff chart is constant and positive.
Profit |
Vertex Pharmaceuticals Price At Expiration |
Vertex Pharmaceuticals Available Call Options
Vertex Pharmaceuticals' option chain is a display of a range of information that helps investors for ways to trade options on Vertex. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Vertex. It also shows strike prices and maturity days for a Vertex Pharmaceuticals against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open Int | Strike Price | Current Spread | Last Price | |||
Call | VRTX250110C00250000 | 0 | 250.0 | 216.7 - 224.0 | 216.7 | In |
Call | VRTX250110C00260000 | 0 | 260.0 | 206.9 - 214.0 | 206.9 | In |
Call | VRTX250110C00270000 | 0 | 270.0 | 196.9 - 204.2 | 196.9 | In |
Call | VRTX250110C00280000 | 0 | 280.0 | 187.0 - 194.3 | 187.0 | In |
Call | VRTX250110C00290000 | 0 | 290.0 | 177.1 - 184.4 | 177.1 | In |
Call | VRTX250110C00300000 | 0 | 300.0 | 167.2 - 175.6 | 167.2 | In |
Call | VRTX250110C00310000 | 0 | 310.0 | 157.4 - 164.7 | 157.4 | In |
Call | VRTX250110C00320000 | 0 | 320.0 | 147.5 - 154.7 | 147.5 | In |
Call | VRTX250110C00330000 | 0 | 330.0 | 137.7 - 145.0 | 137.7 | In |
Call | VRTX250110C00340000 | 0 | 340.0 | 127.8 - 134.8 | 127.8 | In |
Call | VRTX250110C00525000 | 3 | 525.0 | 5.8 - 12.7 | 9.65 | Out |
Call | VRTX250110C00530000 | 3 | 530.0 | 5.0 - 11.7 | 8.54 | Out |
Vertex Pharmaceuticals Corporate Management
Jonathan JD | Executive Officer | Profile | |
Stephanie Franklin | Senior Officer | Profile | |
Mike Tirozzi | SVP Officer | Profile | |
Damian Esq | Chief VP | Profile | |
Ourania Tatsis | Ex Officer | Profile |
Additional Tools for Vertex Stock Analysis
When running Vertex Pharmaceuticals' price analysis, check to measure Vertex Pharmaceuticals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vertex Pharmaceuticals is operating at the current time. Most of Vertex Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Vertex Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vertex Pharmaceuticals' price. Additionally, you may evaluate how the addition of Vertex Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.