NEW Tour v251
NVAX
NOVAVAX INC
$9.46 +0.42%
$9.38 (-0.85%)🌙
as of 07/01 06:03 PM
7/1 18:03

Option Volume

Detail
Current (07/01) 4,834
Calls: 3,433 (71%)
Puts: 1,401 (29%)
Prior (06/30) 5,946
Calls: 4,978 (84%)
Puts: 968 (16%)
Current vs Prior -18.70%
Calls: -31.04% (Calls)
Puts: +44.73% (Puts)
Prior 7-Day Total 49,108
Calls: 33,664 (69%)
Puts: 15,444 (31%)
Prior 7-Day Average 7,015
Calls: 4,809 (69%)
Puts: 2,206 (31%)
Current vs Prior 7-Day Avg -31.09%
Calls: -28.62%
Puts: -36.50%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/01) $197.7K
Calls: $156.3K (79%)
Puts: $41.5K (21%)
Prior (06/30) $313.1K
Calls: $274.6K (88%)
Puts: $38.5K (12%)
Current vs Prior -36.83%
Calls: -43.08%
Puts: +7.74%
Prior 7-Day Total $2.94M
Calls: $2.24M (76%)
Puts: $697.2K (24%)
Prior 7-Day Average $419.5K
Calls: $319.9K (76%)
Puts: $99.6K (24%)
Current vs Prior 7-Day Avg -52.87%
Calls: -51.15%
Puts: -58.38%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/01) 0.41
Prior (06/30) 0.19
Current vs Prior +109.87%
Prior 7-Day Average 0.52
Current vs Prior 7-Day Avg -21.30%
Sentiment BULLISH

Open Interest

Detail
Current (07/01) 229,210
Calls: 152,247 (66%)
Puts: 76,963 (34%)
Prior (06/30) 226,940
Calls: 150,214 (66%)
Puts: 76,726 (34%)
Current vs Prior +1.00%
Prior 7-Day Total 1,485,829
Calls: 1,017,768 (68%)
Puts: 468,061 (32%)
Prior 7-Day Average 212,261
Calls: 145,395 (68%)
Puts: 66,865 (32%)
Current vs Prior 7-Day Avg +7.98%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 8.03% | 11.52%8.03% | 11.52%11.52% | 23.89%
Prior 9.87% | 8.92%-- | ---- | --
Current vs Prior -55.03% | -9.91%-- | ---- | --
Prior 7-Day Avg 7.89% | 9.54%-- | ---- | --
Current vs 7-Day Avg -43.76% | -15.74%-- | ---- | --
Prior 7-Day Eod 9.87% | 8.92%-- | ---- | --
Current vs 7-Day Eod -55.03% | -9.91%-- | ---- | --
Sentiment BULLISH----

Relative Spread

Detail
Expiry | Next
Current 51.07% | 26.48%
Calls: 44.00% | 17.78%
Puts: 58.14% | 35.19%
Prior 51.07% | 26.48%
Calls: 44.00% | 17.78%
Puts: 58.14% | 35.19%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 59.26% | 57.53%
Calls: 48.50% | 49.22%
Puts: 70.02% | 69.14%
Current vs 7-Day Avg -13.82% | -53.97%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 79% of dollar volume in calls ($156.3K) vs puts ($41.5K). Extreme bullish P/C ratio of 0.41 - heavy call buying (3,433 calls vs 1,401 puts). P/C ratio rising 110% - increased hedging/bearish positioning. Call-heavy open interest (152,247 calls vs 76,963 puts) suggests bullish positioning.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top -- of results (avg --%, best --%)

No options available for this category

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.42, cheapest $0.36)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 20.450.52$0.4914.3%431.00420
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 170.320.39$0.3619.4%4290.37980

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 22 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Jul 20.711.65$1.1879.7%--1.0026
$9.00Jul 20.450.52$0.4914.3%431.00420
$8.00Jul 101.082.13$1.6165.2%--0.9610
$8.00Jul 171.331.75$1.5427.3%220.922.3K
$8.50Jul 100.701.58$1.1477.2%--0.90258
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Jul 20.731.71$1.2280.3%20.9410
$11.00Jul 101.442.31$1.8846.3%30.914
$10.50Jul 100.961.63$1.3051.5%20.85--
$10.00Jul 20.001.40$0.70200.0%--0.8416
$11.00Jul 171.361.95$1.6635.5%--0.781.2K

Most actively traded options today. High liquidity = easy entry/exit. 42 active (total vol 3.5K, top 1.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 20.010.08$0.05140.0%1.2K0.14812
$10.50Jul 100.020.12$0.07142.9%2300.15140
$9.50Jul 20.030.15$0.09133.3%1430.371.2K
$10.00Jul 170.320.41$0.3724.3%1290.366.3K
$10.00Jul 100.080.24$0.16100.0%1040.28468
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 170.320.39$0.3619.4%4290.37980
$9.00Jul 20.010.06$0.03166.7%2680.19300
$8.50Jul 20.000.02$0.01200.0%1840.0598
$8.00Jul 20.000.02$0.01200.0%1340.03357
$8.00Jul 170.070.15$0.1172.7%460.1410.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 11 strikes (avg 69.9%, max 166.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.00Jul 2Jul 31213.3%80.0%166.4%11104
$10.50Jul 2Aug 7139.3%76.3%82.7%6492
$8.50Jul 2Jul 10104.6%61.3%70.7%--284
$10.00Jul 2Aug 7136.3%83.3%63.6%1.2K848
$9.50Jul 2Jul 3189.8%87.2%3.0%1481.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.50Jul 2Jul 10139.3%64.9%114.6%410
$8.00Jul 2Jul 31161.7%78.8%105.2%138426
$8.50Jul 2Jul 17104.6%55.5%88.4%185130
$10.00Jul 2Jul 31136.3%80.0%70.4%116
$9.50Jul 2Jul 3189.8%87.2%3.0%751

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 18 found (best R:R 3.17, avg 1.59)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$10.00$10.50Jul 17$0.12$0.38$0.123.17$10.12
$10.00$10.50Jul 24$0.12$0.38$0.123.17$10.12
$9.00$9.50Jul 24$0.13$0.37$0.132.85$9.13
$10.00$11.00Jul 31$0.26$0.74$0.262.85$10.26
$9.50$10.00Jul 10$0.17$0.33$0.171.94$9.67
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$9.00$8.50Jul 10$0.15$0.35$0.152.33$8.85
$10.00$9.50Jul 31$0.16$0.34$0.162.13$9.84
$9.50$9.00Jul 10$0.21$0.29$0.211.38$9.29
$9.00$8.50Jul 17$0.23$0.27$0.231.17$8.77
$9.50$8.00Jul 31$0.73$0.77$0.731.05$8.77

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 23 found (best R:R 3.55, avg 1.25)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$9.00$9.50Jul 31$0.35$0.35$0.152.33$9.35
$9.00$9.50Jul 10$0.33$0.33$0.171.94$9.33
$8.00$9.00Jul 17$0.64$0.64$0.361.78$8.64
$9.50$10.00Jul 31$0.26$0.26$0.241.08$9.76
$9.50$10.00Jul 24$0.25$0.25$0.251.00$9.75
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$10.00$9.50Jul 10$0.39$0.39$0.113.55$9.61
$10.00$9.50Jul 2$0.37$0.37$0.132.85$9.63
$10.00$9.50Jul 17$0.34$0.34$0.162.12$9.66
$11.00$10.00Jul 17$0.68$0.68$0.322.12$10.32
$9.50$9.00Jul 2$0.30$0.30$0.201.50$9.20

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 9 found (avg debit $0.13, cheapest $0.06)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.50Jul 2Jul 10$0.06139.3%64.9%
$10.00Jul 2Jul 10$0.11136.3%64.4%
$9.00Jul 2Jul 10$0.1767.9%66.4%
$9.50Jul 2Jul 10$0.2489.8%64.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Jul 2Jul 10$0.06104.6%61.3%
$10.50Jul 2Jul 10$0.08139.3%64.9%
$9.50Jul 2Jul 10$0.1089.8%64.1%
$10.00Jul 2Jul 10$0.12136.3%64.4%
$9.00Jul 2Jul 10$0.1967.9%66.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 21 found (cheapest 4.44% of stock, avg 13.31%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.50Jul 2$0.09$0.33$0.42$9.08$9.924.44%
$9.00Jul 2$0.49$0.03$0.52$8.48$9.525.50%
$10.00Jul 2$0.05$0.70$0.75$9.25$10.757.93%
$9.50Jul 10$0.33$0.43$0.76$8.74$10.268.03%
$9.00Jul 10$0.66$0.22$0.88$8.12$9.889.30%
$10.00Jul 10$0.16$0.82$0.98$9.02$10.9810.36%
$9.50Jul 17$0.45$0.64$1.09$8.41$10.5911.52%
$8.50Jul 2$1.18$0.01$1.19$7.31$9.6912.58%
$8.50Jul 10$1.14$0.07$1.21$7.29$9.7112.79%
$10.50Jul 2$0.01$1.22$1.23$9.27$11.7313.00%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 40 found (cheapest 0.63% of stock, avg 6.03%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$11.00$9.00Jul 2$0.03$0.03$0.06$8.94$11.06
$10.00$9.00Jul 2$0.05$0.03$0.08$8.92$10.08
$11.00$8.00Jul 10$0.04$0.04$0.08$7.92$11.08
$10.50$8.00Jul 10$0.07$0.04$0.11$7.89$10.61
$11.00$8.50Jul 10$0.04$0.07$0.11$8.39$11.11
$9.50$9.00Jul 2$0.09$0.03$0.12$8.88$9.62
$10.50$8.50Jul 10$0.07$0.07$0.14$8.36$10.64
$10.00$8.00Jul 10$0.16$0.04$0.20$7.80$10.20
$10.00$8.50Jul 10$0.16$0.07$0.23$8.27$10.23
$11.00$9.00Jul 10$0.04$0.22$0.26$8.74$11.26

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 4 found (best R:R 2.85, avg credit $0.51)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
9/1010/10Jul 24$0.37$0.132.85$9.13$10.37
8/910/10Jul 17$0.35$0.152.33$8.65$10.35
8/1010/11Jul 31$0.99$0.511.94$8.51$10.99
8/910/10Jul 10$0.32$0.181.78$8.68$9.82

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 23 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$10.00$10.50$11.00Jul 17$0.05$0.459.00
$10.00$10.50$11.00Jul 2$0.06$0.447.33
$10.00$10.50$11.00Jul 10$0.06$0.447.33
$9.50$10.00$10.50Jul 10$0.08$0.425.25
$9.00$9.50$10.00Jul 31$0.09$0.414.56
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$8.50$9.00$9.50Jul 17$0.05$0.459.00
$8.50$9.00$9.50Jul 10$0.06$0.447.33
$9.00$9.50$10.00Jul 17$0.06$0.447.33
$9.00$9.50$10.00Jul 2$0.07$0.436.14
$9.50$10.00$10.50Jul 10$0.09$0.414.56

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 25 found (best net $-0.05, 19 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$11.001:2Jul 31-$0.05$0.95
$8.00$9.001:2Jul 17-$0.26$0.74
$10.50$11.001:2Jul 17-$0.11$0.39
$10.00$10.501:2Jul 17-$0.13$0.37
$8.50$9.001:2Jul 10-$0.18$0.32
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$11.00$10.001:2Jul 17-$0.30$0.70
$9.00$8.001:2Jul 24-$0.41$0.59
$9.50$9.001:2Jul 17-$0.08$0.42
$8.50$8.001:2Jul 17-$0.09$0.41
$10.50$10.001:2Jul 2-$0.18$0.32

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 13 found (best yield 6.55%, avg 2.90%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.50Jul 31$0.620.510.4%6.55%6.98%520
$10.00Aug 7$0.530.455.7%5.60%11.31%1036
$10.00Jul 31$0.450.415.7%4.76%10.47%10264
$10.00Jul 17$0.320.365.7%3.38%9.09%1296.3K
$9.50Jul 24$0.310.520.4%3.28%3.70%625
$9.50Jul 10$0.230.480.4%2.43%2.85%55146
$9.50Jul 17$0.220.470.4%2.33%2.75%92186
$11.00Jul 31$0.210.2616.3%2.22%18.50%525
$10.50Jul 24$0.200.3011.0%2.11%13.11%--90
$10.00Jul 24$0.170.405.7%1.80%7.51%3079

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 3,433
Total Puts 1,401
Put/Call Ratio 0.41
Net Difference 2,032

Prior's Put/Call Breakdown

Total Calls 4,978
Total Puts 968
Put/Call Ratio 0.19
Net Difference 4,010

Prior 7-Day Put/Call Summary

Total Calls 33,664
Total Puts 15,444
Average Put/Call Ratio 0.52
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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