Tour v292
NVAX
NOVAVAX INC
$9.35 -4.00%
$9.38 (+0.32%)🌙
as of 07/06 06:03 PM
7/6 18:03

Option Volume

Detail
Current (07/06) 3,780
Calls: 2,602 (69%)
Puts: 1,178 (31%)
Prior (07/02) 10,406
Calls: 9,083 (87%)
Puts: 1,323 (13%)
Current vs Prior -63.67%
Calls: -71.35% (Calls)
Puts: -10.96% (Puts)
Prior 7-Day Total 40,729
Calls: 33,384 (82%)
Puts: 7,345 (18%)
Prior 7-Day Average 6,788
Calls: 4,769 (82%)
Puts: 1,049 (18%)
Current vs Prior 7-Day Avg -44.31%
Calls: -45.44%
Puts: +12.27%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/06) $238.0K
Calls: $175.4K (74%)
Puts: $62.6K (26%)
Prior (07/02) $851.5K
Calls: $771.8K (91%)
Puts: $79.7K (9%)
Current vs Prior -72.05%
Calls: -77.28%
Puts: -21.37%
Prior 7-Day Total $2.94M
Calls: $2.51M (86%)
Puts: $422.0K (14%)
Prior 7-Day Average $489.4K
Calls: $359.2K (86%)
Puts: $60.3K (14%)
Current vs Prior 7-Day Avg -51.37%
Calls: -51.18%
Puts: +3.90%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/06) 0.45
Prior (07/02) 0.15
Current vs Prior +210.82%
Prior 7-Day Average 0.26
Current vs Prior 7-Day Avg +74.10%
Sentiment BULLISH

Open Interest

Detail
Current (07/06) 227,620
Calls: 151,322 (66%)
Puts: 76,298 (34%)
Prior (07/02) 231,079
Calls: 153,693 (67%)
Puts: 77,386 (33%)
Current vs Prior -1.50%
Prior 7-Day Total 1,270,121
Calls: 871,101 (69%)
Puts: 399,020 (31%)
Prior 7-Day Average 211,686
Calls: 145,183 (69%)
Puts: 66,503 (31%)
Current vs Prior 7-Day Avg +7.53%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 7.17% | 11.55%11.55% | 24.28%
Prior 8.21% | 10.06%-- | --
Current vs Prior -12.76% | +14.80%-- | --
Prior 7-Day Avg 7.96% | 9.53%-- | --
Current vs 7-Day Avg -9.95% | +21.20%-- | --
Prior 7-Day Eod 8.21% | 10.06%-- | --
Current vs 7-Day Eod -12.76% | +14.80%-- | --
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 49.98% | 36.23%
Calls: 43.14% | 29.25%
Puts: 56.81% | 42.63%
Current vs 7-Day Avg +2.19% | -26.91%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 74% call dollar volume ($175.4K). Light premium activity with dollar volume down 72% vs prior. Below-average activity with volume down 64% vs prior. Extreme bullish P/C ratio of 0.45 - heavy call buying (2,602 calls vs 1,178 puts).

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 $0.64, cheapest $0.34)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Jul 100.890.99$0.9410.6%500.86258
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 170.310.37$0.3417.6%2910.33986

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 17 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Jul 171.142.52$1.8375.4%10.97--
$8.00Jul 100.762.21$1.4997.3%--0.9510
$7.50Jul 241.503.35$2.4276.4%--0.9416
$8.00Jul 171.071.84$1.4652.7%10.932.3K
$7.50Jul 101.402.50$1.9556.4%20.8914
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Jul 171.391.95$1.6733.5%--1.001.2K
$10.00Jul 100.691.10$0.9045.6%100.7989
$10.00Jul 170.861.21$1.0334.0%140.72481
$9.50Jul 100.360.44$0.4020.0%80.55173

Most actively traded options today. High liquidity = easy entry/exit. 41 active (total vol 2.7K, top 534)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 100.050.12$0.0977.8%5340.211.2K
$9.50Jul 100.190.35$0.2759.3%4260.46225
$10.50Jul 100.000.07$0.04175.0%1710.10643
$11.00Jul 100.020.05$0.0475.0%1450.08445
$10.00Jul 170.240.31$0.2825.0%1260.396.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 170.310.37$0.3417.6%2910.33986
$9.50Jul 170.340.62$0.4858.3%1470.4881
$8.50Jul 100.030.10$0.07100.0%1400.1451
$9.00Jul 100.130.20$0.1741.2%1370.3132
$7.50Jul 170.010.06$0.03166.7%650.0598

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 28.4%, max 140.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.50Jul 10Jul 24189.1%78.5%140.9%230
$11.00Jul 10Jul 31105.7%82.5%28.1%156473
$9.50Jul 10Aug 785.3%70.8%20.4%438232
$8.00Jul 10Jul 1795.3%86.4%10.3%12.3K
$10.50Jul 10Aug 1482.3%74.7%10.1%173643
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.00Jul 10Jul 1775.4%65.9%14.5%24570
$8.00Jul 10Aug 795.3%83.9%13.5%35131
$8.50Jul 10Jul 3190.4%81.6%10.8%14151
$9.50Jul 10Jul 2485.3%79.5%7.3%13188

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 18 found (best R:R 4.00, avg 1.90)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$10.00$10.50Jul 17$0.17$0.33$0.171.94$10.17
$9.50$10.00Jul 24$0.17$0.33$0.171.94$9.67
$9.50$10.00Jul 10$0.18$0.32$0.181.78$9.68
$9.00$9.50Jul 24$0.19$0.31$0.191.63$9.19
$9.00$9.50Jul 10$0.21$0.29$0.211.38$9.21
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$9.00$8.50Jul 10$0.10$0.40$0.104.00$8.90
$9.00$8.50Jul 24$0.12$0.38$0.123.17$8.88
$8.50$8.00Jul 31$0.13$0.37$0.132.85$8.37
$9.50$9.00Jul 17$0.14$0.36$0.142.57$9.36
$8.00$7.50Jul 24$0.15$0.35$0.152.33$7.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 20 found (best R:R 4.26, avg 0.97)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$9.00Jul 17$0.81$0.81$0.194.26$8.81
$7.50$8.00Jul 17$0.37$0.37$0.132.85$7.87
$9.50$10.00Jul 17$0.32$0.32$0.181.78$9.82
$10.00$10.50Jul 24$0.23$0.23$0.270.85$10.23
$9.00$9.50Jul 10$0.21$0.21$0.290.72$9.21
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$11.00$10.00Jul 17$0.64$0.64$0.361.78$10.36
$9.50$9.00Jul 10$0.23$0.23$0.270.85$9.27
$8.50$8.00Jul 17$0.18$0.18$0.320.56$8.32
$9.50$9.00Jul 24$0.17$0.17$0.330.52$9.33
$8.50$8.00Jul 24$0.16$0.16$0.340.47$8.34

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 10 found (avg debit $0.14, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$11.00Jul 10Jul 17$0.06105.7%74.6%
$10.50Jul 10Jul 17$0.0782.3%59.5%
$9.00Jul 10Jul 17$0.1782.9%91.8%
$10.00Jul 10Jul 17$0.1975.4%65.9%
$9.50Jul 10Jul 17$0.3385.3%78.3%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Jul 10Jul 17$0.0595.3%86.4%
$9.50Jul 10Jul 17$0.0885.3%78.3%
$10.00Jul 10Jul 17$0.1375.4%65.9%
$9.00Jul 10Jul 17$0.1782.9%91.8%
$8.50Jul 10Jul 17$0.1890.4%104.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 14 found (cheapest 6.95% of stock, avg 14.14%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.00Jul 10$0.48$0.17$0.65$8.35$9.656.95%
$9.50Jul 10$0.27$0.40$0.67$8.83$10.177.17%
$10.00Jul 10$0.09$0.90$0.99$9.01$10.9910.59%
$9.00Jul 17$0.65$0.34$0.99$8.01$9.9910.59%
$8.50Jul 10$0.94$0.07$1.01$7.49$9.5110.80%
$9.50Jul 17$0.60$0.48$1.08$8.42$10.5811.55%
$10.00Jul 17$0.28$1.03$1.31$8.69$11.3114.01%
$9.50Jul 24$0.66$0.66$1.32$8.18$10.8214.12%
$9.00Jul 24$0.85$0.49$1.34$7.66$10.3414.33%
$8.00Jul 10$1.49$0.02$1.51$6.49$9.5116.15%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 49 found (cheapest 1.18% of stock, avg 6.14%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.50$8.50Jul 10$0.04$0.07$0.11$8.39$10.61
$11.00$8.50Jul 10$0.04$0.07$0.11$8.39$11.11
$11.00$7.50Jul 17$0.10$0.03$0.13$7.37$11.13
$10.50$7.50Jul 17$0.11$0.03$0.14$7.36$10.64
$10.00$8.50Jul 10$0.09$0.07$0.16$8.34$10.16
$11.00$8.00Jul 17$0.10$0.07$0.17$7.83$11.17
$10.50$8.00Jul 17$0.11$0.07$0.18$7.82$10.68
$10.50$9.00Jul 10$0.04$0.17$0.21$8.79$10.71
$11.00$9.00Jul 10$0.04$0.17$0.21$8.79$11.21
$10.00$9.00Jul 10$0.09$0.17$0.26$8.74$10.26

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 12 found (best R:R 3.55, avg credit $0.34)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
8/810/10Jul 24$0.39$0.113.55$8.11$10.39
8/810/10Jul 24$0.38$0.123.17$7.62$10.38
8/810/10Jul 17$0.35$0.152.33$8.15$10.35
8/89/10Jul 24$0.35$0.152.33$8.15$9.35
8/910/10Jul 24$0.35$0.152.33$8.65$10.35
8/89/10Jul 24$0.34$0.162.12$7.66$9.34
8/810/10Jul 31$0.34$0.162.12$8.16$9.84
8/810/10Jul 24$0.33$0.171.94$8.17$9.83
8/810/10Jul 24$0.32$0.181.78$7.68$9.82
9/1010/10Jul 17$0.31$0.191.63$9.19$10.31

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 14 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$10.00$10.50$11.00Jul 10$0.05$0.459.00
$8.00$8.50$9.00Jul 10$0.09$0.414.56
$9.50$10.00$10.50Jul 10$0.13$0.372.85
$9.50$10.00$10.50Jul 17$0.15$0.352.33
$10.00$10.50$11.00Jul 17$0.16$0.342.12
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$8.50$9.00$9.50Jul 24$0.05$0.459.00
$8.50$9.00$9.50Jul 10$0.13$0.372.85
$7.50$8.00$8.50Jul 17$0.14$0.362.57
$7.50$8.00$8.50Jul 31$0.22$0.281.27
$9.00$9.50$10.00Jul 10$0.27$0.230.85

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 24 found (best net $-0.39, 14 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$9.501:2Jul 10-$0.06$0.44
$10.50$11.001:2Jul 17-$0.09$0.41
$10.50$11.001:2Jul 24-$0.16$0.34
$9.50$10.001:2Jul 24-$0.32$0.18
$8.00$8.501:2Jul 10-$0.39$0.11
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$11.00$10.001:2Jul 17-$0.39$0.61
$8.50$8.001:2Jul 31-$0.15$0.35
$9.00$8.501:2Jul 17-$0.16$0.34
$9.50$9.001:2Jul 17-$0.20$0.30
$9.00$8.501:2Jul 24-$0.25$0.25

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 12 found (best yield 7.06%, avg 3.11%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.50Jul 31$0.660.521.6%7.06%8.66%2025
$10.00Jul 31$0.500.437.0%5.35%12.30%50280
$9.50Jul 24$0.390.541.6%4.17%5.78%--16
$10.50Jul 31$0.330.4212.3%3.53%15.83%--51
$10.00Jul 24$0.250.437.0%2.67%9.63%6109
$10.00Aug 7$0.250.457.0%2.67%9.63%--57
$10.00Jul 17$0.240.397.0%2.57%9.52%1266.3K
$11.00Jul 31$0.240.2617.6%2.57%20.21%1128
$9.50Jul 17$0.200.571.6%2.14%3.74%2201
$9.50Jul 10$0.190.461.6%2.03%3.64%426225

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 2,602
Total Puts 1,178
Put/Call Ratio 0.45
Net Difference 1,424

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 33,384
Total Puts 7,345
Average Put/Call Ratio 0.26
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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