Tour v303
NVAX
NOVAVAX INC
$9.35 -1.16%
$9.30 (-0.53%)🌙
as of 07/08 06:03 PM
7/8 18:03

Option Volume

Detail
Current (07/08) 4,536
Calls: 4,360 (96%)
Puts: 176 (4%)
Prior (07/07) 5,855
Calls: 5,454 (93%)
Puts: 401 (7%)
Current vs Prior -22.53%
Calls: -20.06% (Calls)
Puts: -56.11% (Puts)
Prior 7-Day Total 42,633
Calls: 35,065 (82%)
Puts: 7,568 (18%)
Prior 7-Day Average 6,090
Calls: 5,009 (82%)
Puts: 1,081 (18%)
Current vs Prior 7-Day Avg -25.52%
Calls: -12.96%
Puts: -83.72%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/08) $245.3K
Calls: $223.7K (91%)
Puts: $21.6K (9%)
Prior (07/07) $744.2K
Calls: $708.4K (95%)
Puts: $35.8K (5%)
Current vs Prior -67.04%
Calls: -68.42%
Puts: -39.66%
Prior 7-Day Total $3.06M
Calls: $2.65M (87%)
Puts: $410.1K (13%)
Prior 7-Day Average $437.5K
Calls: $379.0K (87%)
Puts: $58.6K (13%)
Current vs Prior 7-Day Avg -43.94%
Calls: -40.97%
Puts: -63.14%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/08) 0.04
Prior (07/07) 0.07
Current vs Prior -45.10%
Prior 7-Day Average 0.27
Current vs Prior 7-Day Avg -84.91%
Sentiment BULLISH

Open Interest

Detail
Current (07/08) 231,166
Calls: 154,041 (67%)
Puts: 77,125 (33%)
Prior (07/07) 229,800
Calls: 152,815 (66%)
Puts: 76,985 (34%)
Current vs Prior +0.59%
Prior 7-Day Total 1,602,263
Calls: 1,063,278 (66%)
Puts: 538,985 (34%)
Prior 7-Day Average 228,894
Calls: 151,896 (66%)
Puts: 76,997 (34%)
Current vs Prior 7-Day Avg +0.99%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 5.45% | 8.45%8.45% | 23.32%
Prior 6.77% | 12.69%12.69% | 23.57%
Current vs Prior -19.37% | -33.39%-33.39% | -1.09%
Prior 7-Day Avg 8.33% | 10.51%12.12% | 23.93%
Current vs 7-Day Avg -34.50% | -19.63%-30.28% | -2.55%
Prior 7-Day Eod 6.77% | 12.68%-- | --
Current vs 7-Day Eod -19.37% | -33.39%-- | --
Sentiment BULLISHBULLISH

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 48.95% | 32.03%
Calls: 43.43% | 23.56%
Puts: 54.47% | 40.51%
Current vs 7-Day Avg +4.33% | -17.32%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 91% of dollar volume in calls ($223.7K) vs puts ($21.6K). Light premium activity with dollar volume down 67% vs prior. Extreme bullish P/C ratio of 0.04 - heavy call buying (4,360 calls vs 176 puts). P/C ratio dropping 45% - sentiment shifting bullish.

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. -- found (avg $--, cheapest $--)

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 21 found (avg delta 0.70, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Jul 101.173.95$2.56108.6%--1.0014
$8.00Jul 100.702.53$1.61113.7%11.0010
$8.50Jul 100.681.26$0.9759.8%--1.00303
$7.50Jul 240.644.05$2.34145.7%--0.9216
$8.00Jul 171.211.74$1.4835.8%210.902.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Jul 171.522.22$1.8737.4%--0.881.2K
$10.00Jul 100.641.15$0.9056.7%70.8390
$10.00Jul 170.861.37$1.1245.5%50.69489
$9.50Jul 100.190.55$0.3797.3%150.64176
$10.00Aug 211.231.83$1.5339.2%30.5318

Most actively traded options today. High liquidity = easy entry/exit. 28 active (total vol 3.1K, top 1.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Jul 170.050.16$0.11100.0%1.3K0.163.2K
$9.50Jul 100.050.23$0.14128.6%6030.36641
$9.00Jul 100.330.49$0.4139.0%4980.67306
$10.00Jul 100.040.08$0.0666.7%2130.171.7K
$10.00Jul 170.180.27$0.2339.1%900.336.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 170.250.40$0.3345.5%310.341.3K
$9.00Jul 100.030.36$0.20165.0%280.3595
$9.50Jul 170.170.67$0.42119.0%220.52224
$8.00Jul 170.040.11$0.0887.5%200.1110.8K
$9.50Jul 100.190.55$0.3797.3%150.64176

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 13 strikes (avg 53.2%, max 151.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.00Jul 10Aug 21192.8%76.5%151.9%2660
$7.50Jul 10Jul 24153.3%82.6%85.5%--30
$10.50Jul 10Aug 7110.1%66.7%65.1%14630
$8.00Jul 10Jul 17135.5%91.3%48.4%222.3K
$9.00Jul 10Aug 21117.6%82.1%43.3%498325
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.50Jul 10Jul 24153.3%82.6%85.5%--48
$8.00Jul 10Aug 21135.5%89.1%52.1%1283
$9.00Jul 10Aug 21117.6%82.1%43.3%28153
$10.00Jul 10Aug 21104.0%80.1%29.9%10108
$9.50Jul 10Jul 2486.9%70.7%22.9%16191

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 20 found (best R:R 7.33, avg 2.03)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$10.00$10.50Jul 17$0.10$0.40$0.104.00$10.10
$9.50$10.00Aug 7$0.13$0.37$0.132.85$9.63
$9.50$10.00Jul 17$0.14$0.36$0.142.57$9.64
$10.50$11.00Jul 31$0.14$0.36$0.142.57$10.64
$9.50$10.00Jul 24$0.16$0.34$0.162.12$9.66
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$9.00$8.00Jul 24$0.12$0.88$0.127.33$8.88
$9.00$8.50Jul 10$0.16$0.34$0.162.12$8.84
$9.00$8.00Jul 31$0.33$0.67$0.332.03$8.67
$9.50$9.00Jul 10$0.17$0.33$0.171.94$9.33
$9.50$9.00Jul 24$0.17$0.33$0.171.94$9.33

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 24 found (best R:R 4.00, avg 1.09)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$9.00Jul 17$0.80$0.80$0.204.00$8.80
$10.50$11.00Jul 24$0.35$0.35$0.152.33$10.85
$9.00$9.50Jul 17$0.31$0.31$0.191.63$9.31
$10.00$10.50Aug 7$0.31$0.31$0.191.63$10.31
$9.00$9.50Jul 24$0.30$0.30$0.201.50$9.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$11.00$10.00Jul 17$0.75$0.75$0.253.00$10.25
$10.00$9.00Aug 21$0.70$0.70$0.302.33$9.30
$8.00$7.50Jul 24$0.24$0.24$0.260.92$7.76
$9.00$8.50Jul 17$0.20$0.20$0.300.67$8.80
$9.50$9.00Jul 10$0.17$0.17$0.330.52$9.33

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 9 found (avg debit $0.16, cheapest $0.05)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.50Jul 10Jul 17$0.11110.1%78.4%
$10.00Jul 10Jul 17$0.17104.0%74.3%
$9.50Jul 10Jul 17$0.2386.9%67.5%
$9.00Jul 10Jul 17$0.27117.6%89.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Jul 10Jul 17$0.05135.5%91.3%
$8.50Jul 10Jul 17$0.0998.7%81.3%
$7.50Jul 10Jul 17$0.13153.3%138.9%
$9.00Jul 10Jul 17$0.13117.6%89.7%
$10.00Jul 10Jul 17$0.22104.0%74.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 16 found (cheapest 5.45% of stock, avg 15.57%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.50Jul 10$0.14$0.37$0.51$8.99$10.015.45%
$9.00Jul 10$0.41$0.20$0.61$8.39$9.616.52%
$9.50Jul 17$0.37$0.42$0.79$8.71$10.298.45%
$10.00Jul 10$0.06$0.90$0.96$9.04$10.9610.27%
$8.50Jul 10$0.97$0.04$1.01$7.49$9.5110.80%
$9.00Jul 17$0.68$0.33$1.01$7.99$10.0110.80%
$9.50Jul 24$0.51$0.60$1.11$8.39$10.6111.87%
$9.00Jul 24$0.81$0.43$1.24$7.76$10.2413.26%
$10.00Jul 17$0.23$1.12$1.35$8.65$11.3514.44%
$8.00Jul 17$1.48$0.08$1.56$6.44$9.5616.68%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 44 found (cheapest 0.53% of stock, avg 5.55%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.50$8.00Jul 10$0.02$0.03$0.05$7.95$10.55
$10.50$8.50Jul 10$0.02$0.04$0.06$8.44$10.56
$10.00$8.00Jul 10$0.06$0.03$0.09$7.91$10.09
$10.00$8.50Jul 10$0.06$0.04$0.10$8.40$10.10
$11.00$8.00Jul 10$0.08$0.03$0.11$7.89$11.11
$11.00$8.50Jul 10$0.08$0.04$0.12$8.38$11.12
$9.50$8.00Jul 10$0.14$0.03$0.17$7.83$9.67
$9.50$8.50Jul 10$0.14$0.04$0.18$8.32$9.68
$11.00$8.00Jul 17$0.11$0.08$0.19$7.81$11.19
$11.00$7.50Jul 24$0.12$0.07$0.19$7.31$11.19

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 7 found (best R:R 2.23, avg credit $0.45)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
8/910/11Aug 21$0.69$0.312.23$8.31$10.69
8/910/10Jul 17$0.34$0.162.12$8.66$9.84
8/910/10Jul 17$0.30$0.201.50$8.70$10.30
8/910/10Jul 31$0.58$0.421.38$8.42$10.08
8/910/11Jul 24$0.47$0.530.89$8.53$10.97
8/910/11Jul 31$0.47$0.530.89$8.53$10.97
8/910/10Jul 24$0.28$0.720.39$8.72$9.78

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 16 found (best R:R 5.25, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$8.00$8.50$9.00Jul 10$0.08$0.425.25
$10.00$10.50$11.00Jul 17$0.08$0.425.25
$9.00$10.00$11.00Aug 21$0.16$0.845.25
$10.00$10.50$11.00Jul 10$0.10$0.404.00
$9.00$9.50$10.00Jul 24$0.14$0.362.57
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$7.50$8.00$8.50Jul 17$0.11$0.393.55
$8.00$8.50$9.00Jul 10$0.15$0.352.33
$8.00$8.50$9.00Jul 17$0.15$0.352.33
$8.00$9.00$10.00Aug 21$0.36$0.641.78
$9.00$9.50$10.00Jul 10$0.36$0.140.39

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 30 found (best net $-0.13, 20 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$11.001:2Aug 21-$0.14$0.86
$9.00$10.001:2Aug 21-$0.33$0.67
$9.00$9.501:2Jul 17-$0.06$0.44
$9.50$10.001:2Jul 17-$0.09$0.41
$10.50$11.001:2Jul 17-$0.09$0.41
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$9.001:2Aug 21-$0.13$0.87
$9.00$8.001:2Aug 21-$0.15$0.85
$9.00$8.001:2Jul 24-$0.19$0.81
$11.00$10.001:2Jul 17-$0.37$0.63
$8.00$7.501:2Jul 17-$0.20$0.30

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 13 found (best yield 7.49%, avg 3.82%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.00Aug 21$0.700.487.0%7.49%14.44%2145
$9.50Jul 31$0.630.501.6%6.74%8.34%--45
$9.50Aug 7$0.550.591.6%5.88%7.49%--17
$10.00Aug 7$0.490.507.0%5.24%12.19%--57
$10.00Jul 31$0.450.417.0%4.81%11.76%1383
$10.00Aug 14$0.350.417.0%3.74%10.70%--30
$9.50Jul 17$0.280.501.6%2.99%4.60%52223
$10.50Jul 31$0.280.3412.3%2.99%15.29%--45
$11.00Aug 21$0.280.3417.6%2.99%20.64%--127
$11.00Jul 31$0.190.2717.6%2.03%19.68%--42

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 4,360
Total Puts 176
Put/Call Ratio 0.04
Net Difference 4,184

Prior's Put/Call Breakdown

Total Calls 5,454
Total Puts 401
Put/Call Ratio 0.07
Net Difference 5,053

Prior 7-Day Put/Call Summary

Total Calls 35,065
Total Puts 7,568
Average Put/Call Ratio 0.27
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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