Tour v290
NVAX
NOVAVAX INC
$9.74 +2.96%
$9.70 (-0.41%)🌙
as of 07/02 06:03 PM
7/2 18:03

Option Volume

Detail
Current (07/02) 10,406
Calls: 9,083 (87%)
Puts: 1,323 (13%)
Prior (07/01) 4,834
Calls: 3,433 (71%)
Puts: 1,401 (29%)
Current vs Prior +115.27%
Calls: +164.58% (Calls)
Puts: -5.57% (Puts)
Prior 7-Day Total 40,623
Calls: 33,011 (81%)
Puts: 7,612 (19%)
Prior 7-Day Average 5,803
Calls: 4,715 (81%)
Puts: 1,087 (19%)
Current vs Prior 7-Day Avg +79.31%
Calls: +92.61%
Puts: +21.66%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/02) $851.5K
Calls: $771.8K (91%)
Puts: $79.7K (9%)
Prior (07/01) $197.7K
Calls: $156.3K (79%)
Puts: $41.5K (21%)
Current vs Prior +330.57%
Calls: +393.82%
Puts: +92.15%
Prior 7-Day Total $2.62M
Calls: $2.16M (82%)
Puts: $463.1K (18%)
Prior 7-Day Average $374.9K
Calls: $308.8K (82%)
Puts: $66.2K (18%)
Current vs Prior 7-Day Avg +127.11%
Calls: +149.97%
Puts: +20.41%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/02) 0.15
Prior (07/01) 0.41
Current vs Prior -64.31%
Prior 7-Day Average 0.25
Current vs Prior 7-Day Avg -42.66%
Sentiment BULLISH

Open Interest

Detail
Current (07/02) 231,079
Calls: 153,693 (67%)
Puts: 77,386 (33%)
Prior (07/01) 229,210
Calls: 152,247 (66%)
Puts: 76,963 (34%)
Current vs Prior +0.82%
Prior 7-Day Total 1,497,583
Calls: 1,023,503 (68%)
Puts: 476,761 (32%)
Prior 7-Day Average 213,940
Calls: 146,214 (68%)
Puts: 68,108 (32%)
Current vs Prior 7-Day Avg +8.01%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/02) | Next (07/10)Expiry (07/17) | Next (08/21)
Current 1.54% | 8.21%10.06% | 25.36%
Prior 4.44% | 8.03%-- | --
Current vs Prior +85.00% | +25.24%-- | --
Prior 7-Day Avg 7.48% | 9.51%-- | --
Current vs 7-Day Avg +9.79% | +5.82%-- | --
Prior 7-Day Eod 4.44% | 8.03%-- | --
Current vs 7-Day Eod +85.00% | +25.24%-- | --
Sentiment BEARISH--

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 56.25% | 47.16%
Calls: 43.22% | 38.15%
Puts: 71.01% | 66.45%
Current vs 7-Day Avg -9.21% | -43.85%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 91% of dollar volume in calls ($771.8K) vs puts ($79.7K). Massive premium surge with dollar volume up 331% vs prior. Dollar volume significantly above 7-day average (127% higher). Unusually high activity with volume up 115% vs prior - elevated interest.

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 BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH

📈 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. 3 found (avg $0.51, cheapest $0.29)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Jul 170.270.31$0.2913.8%750.32284
$10.00Jul 170.430.51$0.4717.0%4160.446.3K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 170.680.83$0.7619.7%20.55482

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 23 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Jul 20.911.63$1.2756.7%11.0025
$9.00Jul 20.230.87$0.55116.4%1031.00409
$9.50Jul 20.010.27$0.14185.7%4500.981.3K
$8.00Jul 171.501.98$1.7427.6%6430.942.3K
$8.00Jul 21.402.25$1.8346.4%20.871
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 20.150.78$0.47134.0%430.9316
$11.50Jul 101.702.28$1.9929.1%40.893
$11.00Jul 101.151.80$1.4843.9%70.855
$11.00Jul 171.061.94$1.5058.7%--0.811.2K
$10.50Jul 170.841.35$1.1046.4%10.67--

Most actively traded options today. High liquidity = easy entry/exit. 46 active (total vol 6.4K, top 1.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 20.000.01$0.01100.0%1.4K0.071.6K
$10.00Jul 100.190.28$0.2437.5%8880.37544
$8.00Jul 171.501.98$1.7427.6%6430.942.3K
$9.50Jul 20.010.27$0.14185.7%4500.981.3K
$10.00Jul 170.430.51$0.4717.0%4160.446.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 170.220.35$0.2846.4%4660.291.3K
$9.00Jul 20.000.01$0.01100.0%1700.03229
$10.00Jul 100.360.93$0.6587.7%1000.6217
$9.50Jul 170.280.55$0.4264.3%720.4321
$10.00Jul 20.150.78$0.47134.0%430.9316

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 14 strikes (avg 846.7%, max 3243.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Jul 2Jul 172474.0%74.0%3243.2%6452.3K
$11.50Jul 2Jul 311611.0%97.0%1560.8%--234
$11.00Jul 2Aug 71290.0%97.0%1229.9%584
$10.50Jul 2Aug 7540.0%91.0%493.4%53493
$8.50Jul 2Jul 24888.0%193.0%360.1%226
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Jul 2Jul 312474.0%83.0%2880.7%--430
$8.50Jul 2Jul 17888.0%88.0%909.1%3229
$9.00Jul 2Jul 24558.0%180.0%210.0%170242
$10.00Jul 2Jul 17238.0%80.0%197.5%45498
$9.50Jul 2Jul 24216.0%83.0%160.2%3762

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 17 found (best R:R 3.55, avg 1.95)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$10.00$10.50Jul 10$0.11$0.39$0.113.55$10.11
$9.50$10.00Jul 2$0.13$0.37$0.132.85$9.63
$10.50$11.00Jul 24$0.13$0.37$0.132.85$10.63
$10.50$11.00Jul 31$0.13$0.37$0.132.85$10.63
$10.50$11.00Jul 17$0.16$0.34$0.162.13$10.66
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$9.50$9.00Jul 10$0.13$0.37$0.132.85$9.37
$9.50$9.00Jul 17$0.14$0.36$0.142.57$9.36
$8.50$8.00Jul 17$0.17$0.33$0.171.94$8.33
$9.00$8.00Jul 24$0.53$0.47$0.530.89$8.47
$10.00$9.50Jul 10$0.31$0.19$0.310.61$9.69

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 24 found (best R:R 4.88, avg 1.46)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$9.00Jul 17$0.83$0.83$0.174.88$8.83
$9.00$9.50Jul 10$0.38$0.38$0.123.17$9.38
$9.00$9.50Jul 17$0.35$0.35$0.152.33$9.35
$9.50$10.00Jul 24$0.30$0.30$0.201.50$9.80
$9.50$10.00Aug 7$0.28$0.28$0.221.27$9.78
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$11.00$10.00Jul 10$0.83$0.83$0.174.88$10.17
$11.00$10.50Jul 17$0.40$0.40$0.104.00$10.60
$10.00$9.50Jul 17$0.34$0.34$0.162.13$9.66
$10.50$10.00Jul 17$0.34$0.34$0.162.13$10.16
$10.00$9.50Jul 10$0.31$0.31$0.191.63$9.69

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $0.21, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Jul 2Jul 10$0.06888.0%106.0%
$10.50Jul 2Jul 10$0.12540.0%73.0%
$10.00Jul 2Jul 10$0.23238.0%68.0%
$9.00Jul 2Jul 10$0.29558.0%81.0%
$9.50Jul 2Jul 10$0.32216.0%69.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Jul 2Jul 10$0.17888.0%106.0%
$10.00Jul 2Jul 10$0.18238.0%68.0%
$9.00Jul 2Jul 10$0.20558.0%81.0%
$8.00Jul 2Jul 10$0.212474.0%181.0%
$9.50Jul 2Jul 10$0.33216.0%69.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 20 found (cheapest 1.54% of stock, avg 13.64%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.50Jul 2$0.14$0.01$0.15$9.35$9.651.54%
$10.00Jul 2$0.01$0.47$0.48$9.52$10.484.93%
$9.00Jul 2$0.55$0.01$0.56$8.44$9.565.75%
$9.50Jul 10$0.46$0.34$0.80$8.70$10.308.21%
$10.00Jul 10$0.24$0.65$0.89$9.11$10.899.14%
$9.50Jul 17$0.56$0.42$0.98$8.52$10.4810.06%
$9.00Jul 10$0.84$0.21$1.05$7.95$10.0510.78%
$9.00Jul 17$0.91$0.28$1.19$7.81$10.1912.22%
$10.00Jul 17$0.47$0.76$1.23$8.77$11.2312.63%
$8.50Jul 2$1.27$0.01$1.28$7.22$9.7813.14%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 54 found (cheapest 0.21% of stock, avg 6.49%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.00$9.50Jul 2$0.01$0.01$0.02$9.48$10.02
$11.00$9.50Jul 2$0.05$0.01$0.06$9.44$11.06
$11.50$9.50Jul 2$0.05$0.01$0.06$9.44$11.56
$10.00$8.00Jul 2$0.01$0.13$0.14$7.86$10.14
$11.00$8.00Jul 2$0.05$0.13$0.18$7.82$11.18
$11.50$8.00Jul 2$0.05$0.13$0.18$7.82$11.68
$11.50$8.00Jul 17$0.11$0.07$0.18$7.82$11.68
$11.00$8.00Jul 17$0.13$0.07$0.20$7.80$11.20
$11.50$8.50Jul 10$0.06$0.18$0.24$8.26$11.74
$11.00$8.50Jul 10$0.08$0.18$0.26$8.24$11.26

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 8 found (best R:R 4.88, avg credit $0.46)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
8/910/10Jul 24$0.83$0.174.88$8.17$10.33
8/810/10Jul 17$0.35$0.152.33$8.15$10.35
8/910/10Jul 24$0.69$0.312.23$8.31$10.69
8/810/11Jul 17$0.33$0.171.94$8.17$10.83
8/910/11Jul 24$0.66$0.341.94$8.34$11.16
9/1010/10Jul 17$0.32$0.181.78$9.18$10.32
9/1010/11Jul 17$0.30$0.201.50$9.20$10.80
9/1010/10Jul 10$0.24$0.260.92$9.26$10.24

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 22 found (best R:R 7.33, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$10.00$10.50$11.00Jul 10$0.06$0.447.33
$10.00$10.50$11.00Jul 31$0.07$0.436.14
$10.50$11.00$11.50Jul 31$0.08$0.425.25
$8.50$9.00$9.50Jul 10$0.11$0.393.55
$9.50$10.00$10.50Jul 10$0.11$0.393.55
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$10.00$10.50$11.00Jul 17$0.06$0.447.33
$8.50$9.00$9.50Jul 10$0.10$0.404.00
$8.50$9.00$9.50Jul 17$0.10$0.404.00
$8.00$8.50$9.00Jul 2$0.12$0.383.17
$9.00$9.50$10.00Jul 10$0.18$0.321.78

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 33 found (best net $-0.08, 27 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$9.001:2Jul 17-$0.08$0.92
$11.00$11.501:2Jul 2-$0.05$0.45
$8.50$9.001:2Jul 24-$0.06$0.44
$9.00$9.501:2Jul 10-$0.08$0.42
$10.50$11.001:2Jul 2-$0.09$0.41
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$8.001:2Jul 24-$0.26$0.74
$9.50$9.001:2Jul 10-$0.08$0.42
$10.00$9.501:2Jul 17-$0.08$0.42
$9.50$9.001:2Jul 17-$0.14$0.36
$9.00$8.501:2Jul 10-$0.15$0.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 14 found (best yield 5.54%, avg 2.60%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.00Jul 31$0.540.442.7%5.54%8.21%17272
$10.00Jul 17$0.430.442.7%4.41%7.08%4166.3K
$10.50Jul 31$0.370.357.8%3.80%11.60%438
$10.00Aug 7$0.370.472.7%3.80%6.47%1146
$10.50Jul 17$0.270.327.8%2.77%10.57%75284
$10.00Jul 24$0.270.472.7%2.77%5.44%--109
$11.00Jul 31$0.260.2812.9%2.67%15.61%128
$10.50Aug 7$0.260.427.8%2.67%10.47%--26
$11.00Aug 7$0.220.3812.9%2.26%15.20%11
$10.00Jul 10$0.190.372.7%1.95%4.62%888544

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 9,083
Total Puts 1,323
Put/Call Ratio 0.15
Net Difference 7,760

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 33,011
Total Puts 7,612
Average Put/Call Ratio 0.25
Ratio Trend Falling

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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