Whales with a lot of money to spend have taken a noticeably bearish stance onVertex Pharmaceuticals.

Looking at options history for Vertex Pharmaceuticals (NASDAQ:VRTX) we detected 8 trades.

If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $266,785 and 3, calls, for a total amount of $162,840.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $420.0 to $550.0 for...