VRTX250417P00410000 Option on Vertex Pharmaceuticals

VRTX Stock  USD 483.31  3.52  0.73%   
VRTX250417P00410000 is a PUT option contract on Vertex Pharmaceuticals' common stock with a strick price of 410.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 45 days remaining before the expiration. The option is currently trading at a bid price of $1.6, and an ask price of $2.45. The implied volatility as of the 3rd of March is 45.0.
  
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 2025-04-17 Option Contract

The options market is anticipating that Vertex Pharmaceuticals will have an average daily up or down price movement of about 0.0206% per day over the life of the option. With Vertex Pharmaceuticals trading at USD 483.31, that is roughly USD 0.0994. 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 0.33%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put 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.
Put Contract NameVRTX250417P00410000
Expires On2025-04-17
Days Before Expriration45
Vega0.246051
Gamma0.002525
Theoretical Value2.03
Open Interest130
Strike Price410.0
Last Traded At1.83
Current Price Spread1.6 | 2.45
Rule 16 Daily Up or DownUSD 0.0994

Vertex short PUT Option Greeks

Vertex Pharmaceuticals' Option Greeks for the contract ending on 2025-04-17 at a strike price of 410.0 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-0.075944
Gamma0.002525
Theta-0.081945
Vega0.246051
Rho-0.045755

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 407.97 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 410.0, the payoff chart is constant and positive.
   Profit   
       Vertex Pharmaceuticals Price At Expiration  
View All Vertex Pharmaceuticals Options

Vertex Pharmaceuticals Available Put 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 IntStrike PriceCurrent SpreadLast Price
 Put
VRTX250417P002400009240.00.0 - 1.50.15Out
 Put
VRTX250417P002500008250.00.0 - 1.50.9Out
 Put
VRTX250417P0026000010260.00.0 - 1.51.1Out
 Put
VRTX250417P002700006270.00.0 - 1.51.7Out
 Put
VRTX250417P0028000010280.00.0 - 1.51.16Out
 Put
VRTX250417P002900006290.00.0 - 1.52.4Out
 Put
VRTX250417P0030000015300.00.0 - 1.51.95Out
 Put
VRTX250417P003100008310.00.0 - 1.50.05Out
 Put
VRTX250417P0032000025320.00.0 - 1.52.0Out
 Put
VRTX250417P0033000014330.00.0 - 1.51.5Out
 Put
VRTX250417P003400006340.00.0 - 1.51.85Out
 Put
VRTX250417P0035000017350.00.05 - 1.50.75Out
 Put
VRTX250417P0036000045360.00.1 - 1.50.48Out
 Put
VRTX250417P00370000350370.00.15 - 1.50.6Out
 Put
VRTX250417P00380000265380.00.1 - 1.60.85Out
 Put
VRTX250417P00390000127390.00.45 - 1.850.97Out
 Put
VRTX250417P00400000355400.00.85 - 1.61.55Out
 Put
VRTX250417P00410000130410.01.6 - 2.451.83Out
 Put
VRTX250417P00420000235420.02.25 - 4.42.75Out
 Put
VRTX250417P00430000114430.03.3 - 4.93.69Out
 Put
VRTX250417P00440000229440.02.8 - 5.34.1Out
 Put
VRTX250417P00450000175450.06.2 - 7.27.25Out
 Put
VRTX250417P00460000117460.08.9 - 9.910.0Out
 Put
VRTX250417P0047000048470.012.3 - 13.212.6Out
 Put
VRTX250417P0048000056480.016.5 - 17.417.8Out
 Put
VRTX250417P0049000022490.021.5 - 22.721.8In
 Put
VRTX250417P0050000056500.027.3 - 29.428.0In
 Put
VRTX250417P005600002560.076.7 - 84.180.93In
 Put
VRTX250417P005700000570.087.2 - 93.487.2In
 Put
VRTX250417P005800000580.097.1 - 104.097.1In
 Put
VRTX250417P005900000590.0105.7 - 114.5105.7In
 Put
VRTX250417P006000000600.0116.4 - 124.0116.4In
 Put
VRTX250417P006200000620.0136.4 - 144.0136.4In
 Put
VRTX250417P006400000640.0156.8 - 164.0156.8In
 Put
VRTX250417P006600000660.0176.4 - 184.0176.4In
 Put
VRTX250417P006800000680.0196.4 - 204.0196.4In
 Put
VRTX250417P007000000700.0216.8 - 224.0216.8In
 Put
VRTX250417P007200000720.0237.0 - 244.0237.0In

Vertex Pharmaceuticals Corporate Management

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.