Vertex Pharmaceuticals (VRTX)
Vertex Pharmaceuticals Max Pain By Strike
VRTX trades at $396.12, 2.2% above the near-term max pain of $387.5 expiring Sep 12, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($245-$460), signaling increased put positioning or downside protection. Key magnetic zone at 390 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Vertex Pharmaceuticals Max Pain By Expiry
Max pain for VRTX shows a downward trend from 460 to 245, indicating bearish sentiment or hedging activity. The 55% spread signals divergent expectations across timeframes. Levels distributed around 396.12. Strong magnetic level at 390 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 12, 2025 | 387.5 | -8.62 (-2.18%) |
| Sep 19, 2025 | 390 | -6.12 (-1.54%) |
| Sep 26, 2025 | 390 | -6.12 (-1.54%) |
| Oct 3, 2025 | 405 | 8.88 (2.24%) |
| Oct 10, 2025 | 420 | 23.88 (6.03%) |
| Oct 17, 2025 | 420 | 23.88 (6.03%) |
| Oct 24, 2025 | 245 | -151.12 (-38.15%) |
| Nov 21, 2025 | 390 | -6.12 (-1.54%) |
| Jan 16, 2026 | 440 | 43.88 (11.08%) |
| Mar 20, 2026 | 420 | 23.88 (6.03%) |
| Apr 17, 2026 | 410 | 13.88 (3.50%) |
| Jun 18, 2026 | 440 | 43.88 (11.08%) |
| Sep 18, 2026 | 320 | -76.12 (-19.22%) |
| Dec 18, 2026 | 350 | -46.12 (-11.64%) |
| Jan 15, 2027 | 460 | 63.88 (16.13%) |
| Jun 17, 2027 | 390 | -6.12 (-1.54%) |