Tour v308
NVAX
NOVAVAX INC
$9.40 +0.53%
$9.37 (-0.32%)🌙
as of 07/09 06:03 PM
7/9 18:03

Option Volume

Detail
Current (07/09) 4,408
Calls: 3,679 (83%)
Puts: 729 (17%)
Prior (07/08) 4,536
Calls: 4,360 (96%)
Puts: 176 (4%)
Current vs Prior -2.82%
Calls: -15.62% (Calls)
Puts: +314.20% (Puts)
Prior 7-Day Total 42,541
Calls: 36,279 (85%)
Puts: 6,262 (15%)
Prior 7-Day Average 6,077
Calls: 5,182 (85%)
Puts: 894 (15%)
Current vs Prior 7-Day Avg -27.47%
Calls: -29.01%
Puts: -18.51%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/09) $499.5K
Calls: $233.0K (47%)
Puts: $266.5K (53%)
Prior (07/08) $245.3K
Calls: $223.7K (91%)
Puts: $21.6K (9%)
Current vs Prior +103.62%
Calls: +4.15%
Puts: +1134.09%
Prior 7-Day Total $2.96M
Calls: $2.61M (88%)
Puts: $347.4K (12%)
Prior 7-Day Average $422.5K
Calls: $372.8K (88%)
Puts: $49.6K (12%)
Current vs Prior 7-Day Avg +18.22%
Calls: -37.51%
Puts: +436.88%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/09) 0.20
Prior (07/08) 0.04
Current vs Prior +390.88%
Prior 7-Day Average 0.21
Current vs Prior 7-Day Avg -3.85%
Sentiment BULLISH

Open Interest

Detail
Current (07/09) 232,757
Calls: 155,582 (67%)
Puts: 77,175 (33%)
Prior (07/08) 231,166
Calls: 154,041 (67%)
Puts: 77,125 (33%)
Current vs Prior +0.69%
Prior 7-Day Total 1,599,236
Calls: 1,061,386 (66%)
Puts: 537,850 (34%)
Prior 7-Day Average 228,462
Calls: 151,626 (66%)
Puts: 76,835 (34%)
Current vs Prior 7-Day Avg +1.88%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 5.11% | 8.19%8.19% | 23.94%
Prior 5.45% | 8.45%8.45% | 23.32%
Current vs Prior -6.38% | -3.05%-3.05% | +2.66%
Prior 7-Day Avg 8.11% | 10.19%10.89% | 23.72%
Current vs 7-Day Avg -37.03% | -19.63%-24.81% | +0.90%
Prior 7-Day Eod 5.45% | 8.45%-- | --
Current vs 7-Day Eod -6.38% | -3.05%-- | --
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 51.07% | 26.48%
Calls: 44.00% | 17.78%
Puts: 58.14% | 35.19%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Massive premium surge with dollar volume up 104% vs prior. Extreme bullish P/C ratio of 0.20 - heavy call buying (3,679 calls vs 729 puts). P/C ratio rising 391% - increased hedging/bearish positioning. Call-heavy open interest (155,582 calls vs 77,175 puts) suggests bullish positioning.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
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. 1 found (avg $0.90, cheapest $0.90)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 210.820.97$0.9016.7%200.47145
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 20 found (avg delta 0.71, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 101.261.80$1.5335.3%31.0011
$8.50Jul 100.751.13$0.9440.4%11.00303
$9.00Jul 100.230.66$0.4595.6%711.00782
$8.00Jul 171.301.77$1.5430.5%--0.912.3K
$8.00Aug 211.592.34$1.9738.1%50.751
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Jul 100.283.45$1.87169.5%1300.916
$10.00Jul 100.531.15$0.8473.8%1320.9097
$11.00Jul 171.382.20$1.7945.8%--0.861.2K
$10.00Jul 170.741.03$0.8932.6%50.70489
$9.50Jul 100.100.59$0.35140.0%--0.64188

Most actively traded options today. High liquidity = easy entry/exit. 34 active (total vol 2.5K, top 742)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 170.160.21$0.1926.3%7420.306.2K
$10.00Jul 100.010.03$0.02100.0%3580.091.9K
$9.50Jul 100.110.14$0.1323.1%2720.37886
$11.00Jul 240.050.21$0.13123.1%1490.1560
$9.50Jul 170.270.41$0.3441.2%1400.48228
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 100.531.15$0.8473.8%1320.9097
$11.00Jul 100.283.45$1.87169.5%1300.916
$8.00Jul 170.040.07$0.0650.0%560.0910.8K
$9.00Jul 100.030.09$0.06100.0%490.24123
$9.00Aug 210.721.14$0.9345.2%190.3958

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 85.9%, max 176.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.00Jul 10Aug 21227.5%82.3%176.4%47660
$8.00Jul 10Aug 21196.7%82.2%139.4%812
$9.50Jul 10Aug 7112.8%52.2%116.0%274903
$10.50Jul 10Aug 7157.5%79.7%97.7%16644
$10.00Jul 10Aug 21107.7%90.3%19.3%3782.0K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.00Jul 10Jul 17227.5%89.1%155.4%1301.2K
$8.00Jul 10Aug 21196.7%82.2%139.4%11283
$8.50Jul 10Jul 17143.7%80.2%79.3%22154
$10.00Jul 10Aug 21107.7%90.3%19.3%132116
$9.00Jul 10Aug 2188.9%87.7%1.4%68181

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 19 found (best R:R 4.00, avg 1.78)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$10.00$10.50Jul 17$0.10$0.40$0.104.00$10.10
$9.50$10.00Jul 10$0.11$0.39$0.113.55$9.61
$10.00$10.50Jul 24$0.11$0.39$0.113.55$10.11
$10.00$11.00Aug 14$0.27$0.73$0.272.70$10.27
$9.50$10.00Jul 17$0.15$0.35$0.152.33$9.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$9.00$8.00Jul 31$0.27$0.73$0.272.70$8.73
$9.50$9.00Jul 17$0.15$0.35$0.152.33$9.35
$9.00$8.50Jul 17$0.16$0.34$0.162.12$8.84
$10.00$9.00Aug 21$0.48$0.52$0.481.08$9.52
$9.00$8.00Aug 21$0.49$0.51$0.491.04$8.51

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 20 found (best R:R 3.17, avg 0.94)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$10.50$11.00Jul 31$0.38$0.38$0.123.17$10.88
$8.00$9.00Aug 21$0.65$0.65$0.351.86$8.65
$9.00$9.50Jul 10$0.32$0.32$0.181.78$9.32
$9.00$9.50Jul 17$0.29$0.29$0.211.38$9.29
$9.00$9.50Jul 31$0.27$0.27$0.231.17$9.27
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$9.50$9.00Jul 10$0.29$0.29$0.211.38$9.21
$9.00$8.00Aug 21$0.49$0.49$0.510.96$8.51
$10.00$9.00Aug 21$0.48$0.48$0.520.92$9.52
$9.00$8.50Jul 17$0.16$0.16$0.340.47$8.84
$9.50$9.00Jul 17$0.15$0.15$0.350.43$9.35

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $0.13, cheapest $0.05)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.50Jul 10Jul 17$0.07157.5%73.2%
$10.00Jul 10Jul 17$0.17107.7%73.3%
$9.00Jul 10Jul 17$0.1888.9%84.8%
$9.50Jul 10Jul 17$0.21112.8%69.7%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.00Jul 10Jul 17$0.05107.7%73.3%
$8.50Jul 10Jul 17$0.08143.7%80.2%
$9.50Jul 10Jul 17$0.08112.8%69.7%
$9.00Jul 10Jul 17$0.2288.9%84.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 17 found (cheapest 5.11% of stock, avg 15.41%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.50Jul 10$0.13$0.35$0.48$9.02$9.985.11%
$9.00Jul 10$0.45$0.06$0.51$8.49$9.515.43%
$9.50Jul 17$0.34$0.43$0.77$8.73$10.278.19%
$10.00Jul 10$0.02$0.84$0.86$9.14$10.869.15%
$9.00Jul 17$0.63$0.28$0.91$8.09$9.919.68%
$8.50Jul 10$0.94$0.04$0.98$7.52$9.4810.43%
$9.00Jul 24$0.56$0.48$1.04$7.96$10.0411.06%
$10.00Jul 17$0.19$0.89$1.08$8.92$11.0811.49%
$8.00Jul 10$1.53$0.03$1.56$6.44$9.5616.60%
$8.00Jul 17$1.54$0.06$1.60$6.40$9.6017.02%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 43 found (cheapest 0.53% of stock, avg 6.71%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.00$8.00Jul 10$0.02$0.03$0.05$7.95$10.05
$10.50$8.00Jul 10$0.02$0.03$0.05$7.95$10.55
$10.00$8.50Jul 10$0.02$0.04$0.06$8.44$10.06
$10.50$8.50Jul 10$0.02$0.04$0.06$8.44$10.56
$11.00$8.00Jul 10$0.04$0.03$0.07$7.93$11.07
$10.00$9.00Jul 10$0.02$0.06$0.08$8.92$10.08
$11.00$8.50Jul 10$0.04$0.04$0.08$8.42$11.08
$10.50$9.00Jul 10$0.02$0.06$0.08$8.92$10.58
$11.00$9.00Jul 10$0.04$0.06$0.10$8.90$11.10
$11.00$8.00Jul 17$0.08$0.06$0.14$7.86$11.14

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 6 found (best R:R 8.09, avg credit $0.48)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
8/910/11Aug 21$0.89$0.118.09$8.11$10.89
8/910/11Jul 31$0.65$0.351.86$8.35$11.15
8/910/10Jul 17$0.31$0.191.63$8.69$9.81
8/910/10Jul 17$0.26$0.241.08$8.74$10.26
8/910/10Jul 31$0.52$0.481.08$8.48$10.02
9/1010/10Jul 17$0.25$0.251.00$9.25$10.25

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
$9.50$10.00$10.50Jul 17$0.05$0.459.00
$10.00$10.50$11.00Jul 24$0.06$0.447.33
$10.00$10.50$11.00Jul 17$0.09$0.414.56
$8.00$8.50$9.00Jul 10$0.10$0.404.00
$9.50$10.00$10.50Jul 10$0.11$0.393.55
PUTS (4)
LowMidHighExpiryDebitMax GainR:R
$8.00$8.50$9.00Jul 17$0.10$0.404.00
$9.00$9.50$10.00Jul 10$0.20$0.301.50
$8.50$9.00$9.50Jul 10$0.27$0.230.85
$9.00$9.50$10.00Jul 17$0.31$0.190.61

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 23 found (best net $-0.10, 14 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$11.001:2Aug 21-$0.10$0.90
$10.00$11.001:2Aug 14-$0.27$0.73
$9.00$10.001:2Aug 21-$0.48$0.52
$9.00$9.501:2Jul 17-$0.05$0.45
$10.50$11.001:2Jul 10-$0.06$0.44
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$9.001:2Aug 21-$0.45$0.55
$9.50$9.001:2Jul 17-$0.13$0.37
$9.00$8.001:2Aug 21$0.05$0.95
$11.00$10.001:2Jul 10$0.19$0.81
$10.00$9.501:2Jul 10$0.14$0.36

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 13 found (best yield 8.72%, avg 3.75%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.00Aug 21$0.820.476.4%8.72%15.11%20145
$9.50Jul 31$0.650.521.1%6.91%7.98%--45
$10.00Aug 14$0.510.516.4%5.43%11.81%--30
$10.00Jul 31$0.460.426.4%4.89%11.28%--383
$11.00Aug 21$0.390.3317.0%4.15%21.17%42127
$10.50Jul 31$0.300.4011.7%3.19%14.89%--45
$10.00Aug 7$0.300.456.4%3.19%9.57%--57
$9.50Jul 17$0.270.481.1%2.87%3.94%140228
$11.00Aug 14$0.220.3717.0%2.34%19.36%1--
$11.00Jul 31$0.200.2717.0%2.13%19.15%1042

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 3,679
Total Puts 729
Put/Call Ratio 0.20
Net Difference 2,950

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 36,279
Total Puts 6,262
Average Put/Call Ratio 0.21
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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