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Vertex Pharmaceuticals's Options Frenzy: What You Need to Know

Benzinga ·  Aug 30 03:16

Financial giants have made a conspicuous bullish move on Vertex Pharmaceuticals. Our analysis of options history for Vertex Pharmaceuticals (NASDAQ:VRTX) revealed 9 unusual trades.

Delving into the details, we found 55% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $415,070, and 3 were calls, valued at $343,350.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $480.0 to $500.0 for Vertex Pharmaceuticals over the recent three months.

Volume & Open Interest Trends

Examining the volume and open interest provides crucial insights...

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