VRTX Options Chain Analysis

As of previous close (2026-10-01) · OPRA historical data

Spot $507.63 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.93

22k P / 23k C

Put/Call (Volume)

2.06

1k P / 488 C that session

30d ATM IV

28%

annualized implied move

Call wall

$540

2k contracts

Put wall

$500

2k contracts

Tail hedging

1.0×

deep-OTM puts vs calls

What the positioning says

●Call wall at $540 (2k contracts), 6% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $500 (2k contracts), 2% below spot — the hedge floor; often acts as support.

Open interest by strike

All expiries combined. Amber lines mark the call and put walls; the dashed line is spot.

IV term structure

At-the-money implied volatility per expiry.

Volatility smile

IV by strike — expiry 2026-10-30. A steep left side = expensive downside protection.

30-day implied volatility history

Daily ATM IV (~30 DTE bucket) collected since March 2026. Rising IV into an event = the market bracing; collapsing IV after = the crush.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-02	1k	2k	1.35	29
2026-10-09	563	892	1.58	84
2026-10-16	4k	3k	0.96	187
2026-10-23	528	949	1.80	176
2026-10-30	487	431	0.89	77
2026-11-06	4	73	18.25	109
2026-11-13	0	0	—	114
2026-11-20	448	353	0.79	91
2026-12-18	4k	3k	0.66	27
2027-01-15	6k	6k	1.06	504
2027-03-19	1k	798	0.78	19
2027-04-16	89	80	0.90	3
2027-06-17	4k	2k	0.56	51
2027-09-17	97	60	0.62	12
2028-01-21	2k	2k	1.12	4
2029-01-19	7	10	1.43	4

Source: Cboe end-of-session option chains, summarized after each US market close and published from the following trading day — OPRA historical data. Under the OPRA plan options data becomes historical, and freely publishable, at the opening of the next trading session; data from the session in progress is never displayed or served here. Open interest is exchange-reported once a day. Research, not investment advice.