Tour v309
NVAX
NOVAVAX INC
$9.33 -0.74%
$9.31 (-0.21%)🌙
as of 07/10 06:03 PM
7/10 18:03

Option Volume

Detail
Current (07/10) 22,229
Calls: 3,102 (14%)
Puts: 19,127 (86%)
Prior (07/09) 4,408
Calls: 3,679 (83%)
Puts: 729 (17%)
Current vs Prior +404.29%
Calls: -15.68% (Calls)
Puts: +2523.73% (Puts)
Prior 7-Day Total 39,765
Calls: 33,589 (84%)
Puts: 6,176 (16%)
Prior 7-Day Average 5,680
Calls: 4,798 (84%)
Puts: 882 (16%)
Current vs Prior 7-Day Avg +291.31%
Calls: -35.35%
Puts: +2067.89%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/10) $858.5K
Calls: $324.8K (38%)
Puts: $533.7K (62%)
Prior (07/09) $499.5K
Calls: $233.0K (47%)
Puts: $266.5K (53%)
Current vs Prior +71.89%
Calls: +39.42%
Puts: +100.28%
Prior 7-Day Total $3.09M
Calls: $2.54M (82%)
Puts: $546.1K (18%)
Prior 7-Day Average $441.3K
Calls: $363.3K (82%)
Puts: $78.0K (18%)
Current vs Prior 7-Day Avg +94.54%
Calls: -10.59%
Puts: +584.13%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/10) 6.17
Prior (07/09) 0.20
Current vs Prior +3011.77%
Prior 7-Day Average 0.22
Current vs Prior 7-Day Avg +2752.55%
Sentiment BEARISH

Open Interest

Detail
Current (07/10) 233,402
Calls: 155,776 (67%)
Puts: 77,626 (33%)
Prior (07/09) 232,757
Calls: 155,582 (67%)
Puts: 77,175 (33%)
Current vs Prior +0.28%
Prior 7-Day Total 1,608,572
Calls: 1,069,914 (67%)
Puts: 538,658 (33%)
Prior 7-Day Average 229,796
Calls: 152,844 (67%)
Puts: 76,951 (33%)
Current vs Prior 7-Day Avg +1.57%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 1.71% | 8.04%8.04% | 22.08%
Prior 5.11% | 8.19%8.19% | 23.94%
Current vs Prior +57.42% | +70.10%-1.87% | -7.76%
Prior 7-Day Avg 6.72% | 9.70%10.22% | 23.78%
Current vs 7-Day Avg +19.68% | +43.67%-21.34% | -7.14%
Prior 7-Day Eod 5.11% | 8.19%-- | --
Current vs 7-Day Eod +57.42% | +70.10%-- | --
Sentiment BEARISHBULLISH

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

Moderately bearish flow with 62% put dollar volume ($533.7K). Elevated premium activity with dollar volume up 72% vs prior. Dollar volume significantly above 7-day average (95% higher). Unusually high activity with volume up 404% vs prior - elevated interest.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
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 $0.28, cheapest $0.28)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Jul 170.250.30$0.2817.9%3180.43280
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 26 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Jul 171.072.62$1.8583.8%21.001
$7.50Jul 241.502.72$2.1157.8%--1.0016
$7.50Jul 101.212.46$1.8467.9%10.9916
$8.00Jul 101.231.68$1.4630.8%30.9914
$8.50Jul 100.561.03$0.8058.7%70.98304
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Jul 100.030.27$0.15160.0%151.00188
$10.00Jul 100.561.06$0.8161.7%201.00227
$10.50Jul 100.381.93$1.16133.6%111.005
$11.00Jul 171.572.14$1.8630.6%--0.921.2K
$11.00Jul 101.482.12$1.8035.6%1950.89132

Most actively traded options today. High liquidity = easy entry/exit. 48 active (total vol 19.5K, top 8.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Jul 170.250.30$0.2817.9%3180.43280
$9.00Jul 100.250.39$0.3243.8%2580.95758
$9.00Jul 170.490.60$0.5420.4%2290.6510.6K
$9.50Jul 100.000.01$0.01100.0%1800.101.0K
$10.00Jul 170.110.17$0.1442.9%1420.266.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 170.000.05$0.03166.7%8.5K0.0610.9K
$8.00Jul 310.150.27$0.2157.1%6.0K0.1991
$8.00Aug 210.180.59$0.39105.1%2.8K0.24156
$9.00Aug 210.601.20$0.9066.7%2000.4177
$9.00Jul 170.170.27$0.2245.5%1970.351.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 15 strikes (avg 941.3%, max 2043.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.00Jul 10Aug 211765.5%84.7%1983.4%6688
$7.50Jul 10Jul 241375.7%72.8%1790.6%132
$8.00Jul 10Jul 171022.5%72.6%1308.0%62.3K
$10.50Jul 10Aug 7758.9%92.5%720.2%3646
$10.00Jul 10Aug 21478.8%90.5%429.2%412.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.00Jul 10Jul 171765.5%82.4%2043.5%1951.3K
$7.50Jul 10Jul 241375.7%72.8%1790.6%451
$8.00Jul 10Aug 211022.5%74.4%1274.7%2.8K284
$10.50Jul 10Jul 17758.9%71.3%965.0%126
$8.50Jul 10Aug 14677.7%87.8%671.6%895

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 23 found (best R:R 4.00, avg 1.83)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$10.50$11.00Jul 31$0.10$0.40$0.104.00$10.60
$9.50$10.00Jul 24$0.11$0.39$0.113.55$9.61
$9.00$9.50Jul 31$0.12$0.38$0.123.17$9.12
$9.50$10.00Jul 17$0.14$0.36$0.142.57$9.64
$10.00$10.50Jul 31$0.14$0.36$0.142.57$10.14
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$9.00$8.50Jul 17$0.13$0.37$0.132.85$8.87
$9.50$9.00Jul 10$0.14$0.36$0.142.57$9.36
$9.00$8.00Jul 24$0.32$0.68$0.322.12$8.68
$8.50$8.00Jul 31$0.17$0.33$0.171.94$8.33
$9.00$8.50Jul 31$0.23$0.27$0.231.17$8.77

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 28 found (best R:R 3.17, avg 1.12)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.50$8.00Jul 10$0.38$0.38$0.123.17$7.88
$8.00$9.00Jul 17$0.75$0.75$0.253.00$8.75
$9.00$10.00Aug 14$0.67$0.67$0.332.03$9.67
$9.50$10.00Jul 31$0.33$0.33$0.171.94$9.83
$9.00$9.50Jul 10$0.31$0.31$0.191.63$9.31
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$9.50$9.00Jul 24$0.38$0.38$0.123.17$9.12
$10.50$10.00Jul 10$0.35$0.35$0.152.33$10.15
$10.00$9.00Aug 21$0.64$0.64$0.361.78$9.36
$10.00$8.50Aug 14$0.85$0.85$0.651.31$9.15
$9.00$8.00Aug 21$0.51$0.51$0.491.04$8.49

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 9 found (avg debit $0.18, cheapest $0.06)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.00Jul 10Jul 17$0.13478.8%74.7%
$9.00Jul 10Jul 17$0.22328.2%69.5%
$9.50Jul 10Jul 17$0.27143.9%71.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$11.00Jul 10Jul 17$0.061765.5%82.4%
$8.50Jul 10Jul 17$0.08677.7%71.4%
$10.00Jul 10Jul 17$0.16478.8%74.7%
$9.00Jul 10Jul 17$0.21328.2%69.5%
$10.50Jul 10Jul 17$0.21758.9%71.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 22 found (cheapest 1.71% of stock, avg 14.63%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.50Jul 10$0.01$0.15$0.16$9.34$9.661.71%
$9.00Jul 10$0.32$0.01$0.33$8.67$9.333.54%
$9.50Jul 17$0.28$0.47$0.75$8.75$10.258.04%
$9.00Jul 17$0.54$0.22$0.76$8.24$9.768.15%
$8.50Jul 10$0.80$0.01$0.81$7.69$9.318.68%
$10.00Jul 10$0.01$0.81$0.82$9.18$10.828.79%
$9.00Jul 24$0.51$0.45$0.96$8.04$9.9610.29%
$10.00Jul 17$0.14$0.97$1.11$8.89$11.1111.90%
$10.50Jul 10$0.01$1.16$1.17$9.33$11.6712.54%
$9.50Jul 24$0.47$0.83$1.30$8.20$10.8013.93%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 43 found (cheapest 0.21% of stock, avg 6.26%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$9.50$9.00Jul 10$0.01$0.01$0.02$8.98$9.52
$11.00$8.00Jul 17$0.04$0.03$0.07$7.93$11.07
$10.50$8.00Jul 17$0.05$0.03$0.08$7.92$10.58
$11.00$9.00Jul 10$0.08$0.01$0.09$8.91$11.09
$11.00$8.50Jul 17$0.04$0.09$0.13$8.37$11.13
$10.50$8.50Jul 17$0.05$0.09$0.14$8.36$10.64
$10.00$8.00Jul 17$0.14$0.03$0.17$7.83$10.17
$11.00$7.50Jul 24$0.14$0.05$0.19$7.31$11.19
$10.00$8.50Jul 17$0.14$0.09$0.23$8.27$10.23
$10.50$7.50Jul 24$0.19$0.05$0.24$7.26$10.74

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 9 found (best R:R 6.14, avg credit $0.40)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
8/910/11Aug 21$0.86$0.146.14$8.14$10.86
8/910/10Jul 31$0.37$0.132.85$8.63$10.37
8/910/11Jul 31$0.33$0.171.94$8.67$10.83
8/810/10Jul 31$0.31$0.191.63$8.19$10.31
8/89/10Jul 31$0.29$0.211.38$8.21$9.29
8/910/10Jul 17$0.27$0.231.17$8.73$9.77
8/810/11Jul 31$0.27$0.231.17$8.23$10.77
8/910/10Jul 24$0.49$0.510.96$8.51$10.49
8/910/10Jul 24$0.43$0.570.75$8.57$9.93

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 18 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$10.00$10.50$11.00Jul 10$0.07$0.436.14
$10.00$10.50$11.00Jul 17$0.08$0.425.25
$9.00$9.50$10.00Jul 17$0.12$0.383.17
$10.00$10.50$11.00Jul 24$0.12$0.383.17
$8.50$9.00$9.50Jul 10$0.17$0.331.94
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$7.50$8.00$8.50Jul 17$0.05$0.459.00
$8.00$8.50$9.00Jul 31$0.06$0.447.33
$8.00$9.00$10.00Aug 21$0.13$0.876.69
$8.00$8.50$9.00Jul 17$0.07$0.436.14
$10.00$10.50$11.00Jul 17$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 $-0.13, 16 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$11.001:2Aug 21-$0.13$0.87
$9.00$10.001:2Aug 21-$0.50$0.50
$10.00$11.001:2Aug 14-$0.58$0.42
$10.50$11.001:2Jul 24-$0.09$0.41
$10.50$11.001:2Jul 31-$0.12$0.38
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$9.001:2Aug 21-$0.26$0.74
$9.50$9.001:2Jul 24-$0.07$0.43
$9.00$8.501:2Jul 31-$0.15$0.35
$10.50$10.001:2Jul 10-$0.46$0.04
$10.00$8.501:2Aug 14$0.26$1.24

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 15 found (best yield 7.50%, avg 3.14%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.00Aug 21$0.700.457.2%7.50%14.68%18155
$9.50Jul 31$0.560.511.8%6.00%7.82%--45
$9.50Aug 7$0.550.531.8%5.89%7.72%--17
$10.00Aug 7$0.400.457.2%4.29%11.47%557
$10.00Jul 31$0.370.407.2%3.97%11.15%10383
$11.00Aug 21$0.280.3217.9%3.00%20.90%--160
$9.50Jul 17$0.250.431.8%2.68%4.50%318280
$10.50Jul 31$0.250.3012.5%2.68%15.22%--45
$9.50Jul 24$0.220.441.8%2.36%4.18%216
$11.00Aug 14$0.220.3617.9%2.36%20.26%41

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 3,102
Total Puts 19,127
Put/Call Ratio 6.17
Net Difference -16,025

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 33,589
Total Puts 6,176
Average Put/Call Ratio 0.22
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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