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VRTX Vertex Pharmaceuticals

VRTX IV Rank — are Vertex Pharmaceuticals's options cheap or expensive right now?

IV Rank
11
Cheap — favor buying premium
0 · cheap50100 · expensive
Current IV
47%
IV Percentile
40%
52-wk IV high
170%
52-wk IV low
31%
Where current IV sits in its 52-week range
31%170%

Vertex Pharmaceuticals's options are currently cheap. With an IV Rank of 11, implied volatility sits near the low end of its 1-year range and richer than roughly 40% of the past year. Historically at this level, buying options (long calls/puts, calendars) can be more attractive, since low IV tends to expand.

Suggested play
Long call / calendar spread
🔒 Pro
Unusual flow + macro + IV alerts
See the full picture for VRTX
Other healthcare names
LLY 29UNH 9JNJ 76PFE 27MRK 46ABBV 53

Frequently asked

What does an IV Rank of 11 mean for VRTX?
It means Vertex Pharmaceuticals's implied volatility is currently near the low end of its past-year range, so its options are relatively cheap.
Should I buy or sell VRTX options at this IV Rank?
Low IV Rank generally favors buying options (long calls/puts, calendars), since cheap volatility tends to expand.

IV Rank data is 15-minute delayed. Educational information, not investment advice.