Tour v325
NVAX
NOVAVAX INC
$8.91 -4.50%
$8.93 (+0.22%)🌙
as of 07/13 06:03 PM
7/13 18:03

Option Volume

Detail
Current (07/13) 8,256
Calls: 5,094 (62%)
Puts: 3,162 (38%)
Prior (07/10) 22,229
Calls: 3,102 (14%)
Puts: 19,127 (86%)
Current vs Prior -62.86%
Calls: +64.22% (Calls)
Puts: -83.47% (Puts)
Prior 7-Day Total 56,048
Calls: 31,713 (57%)
Puts: 24,335 (43%)
Prior 7-Day Average 8,006
Calls: 4,530 (57%)
Puts: 3,476 (43%)
Current vs Prior 7-Day Avg +3.11%
Calls: +12.44%
Puts: -9.04%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/13) $293.3K
Calls: $197.2K (67%)
Puts: $96.1K (33%)
Prior (07/10) $858.5K
Calls: $324.8K (38%)
Puts: $533.7K (62%)
Current vs Prior -65.84%
Calls: -39.28%
Puts: -82.00%
Prior 7-Day Total $3.63M
Calls: $2.59M (71%)
Puts: $1.04M (29%)
Prior 7-Day Average $519.2K
Calls: $370.5K (71%)
Puts: $148.8K (29%)
Current vs Prior 7-Day Avg -43.51%
Calls: -46.77%
Puts: -35.41%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/13) 0.62
Prior (07/10) 6.17
Current vs Prior -89.93%
Prior 7-Day Average 0.90
Current vs Prior 7-Day Avg -31.24%
Sentiment BULLISH

Open Interest

Detail
Current (07/13) 233,286
Calls: 150,924 (65%)
Puts: 82,362 (35%)
Prior (07/10) 233,402
Calls: 155,776 (67%)
Puts: 77,626 (33%)
Current vs Prior -0.05%
Prior 7-Day Total 1,615,034
Calls: 1,075,476 (67%)
Puts: 539,558 (33%)
Prior 7-Day Average 230,719
Calls: 153,639 (67%)
Puts: 77,079 (33%)
Current vs Prior 7-Day Avg +1.11%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 7.07% | 10.77%7.07% | 23.91%
Prior 8.04% | 13.93%8.04% | 22.08%
Current vs Prior -12.04% | -22.67%-12.04% | +8.27%
Prior 7-Day Avg 6.45% | 10.42%9.78% | 23.44%
Current vs 7-Day Avg +9.54% | +3.45%-27.72% | +2.00%
Prior 7-Day Eod 8.04% | 13.93%8.04% | 22.08%
Current vs 7-Day Eod -12.04% | -22.67%-12.04% | +8.27%
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

Moderately bullish flow with 67% call dollar volume ($197.2K). Light premium activity with dollar volume down 66% vs prior. Below-average activity with volume down 63% vs prior. Bullish P/C ratio of 0.62.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current BULLISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
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 1 of results (avg 6.9%, best 6.9%)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 210.991.06$1.026.9%10.45277

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.49, cheapest $0.29)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 170.270.30$0.2910.3%1.5K0.4910.6K
$10.00Aug 210.570.68$0.6317.5%140.41171
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.500.59$0.5416.7%1.1K0.292.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 15 found (avg delta 0.71, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Jul 170.881.77$1.3366.9%60.973
$7.50Jul 241.161.92$1.5449.4%60.9516
$8.00Jul 170.841.32$1.0844.4%--0.872.3K
$8.50Jul 170.440.87$0.6665.2%20.739
$8.50Aug 140.941.59$1.2751.2%210.68--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 171.101.28$1.1915.1%250.90491
$10.00Jul 240.751.37$1.0658.5%90.761
$9.50Jul 170.450.87$0.6663.6%270.76216
$9.50Jul 240.740.99$0.8728.7%30.7115
$10.00Aug 211.451.97$1.7130.4%40.6119

Most actively traded options today. High liquidity = easy entry/exit. 40 active (total vol 5.7K, top 1.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 170.270.30$0.2910.3%1.5K0.4910.6K
$10.00Jul 170.020.07$0.05100.0%3030.126.7K
$9.50Jul 240.130.31$0.2281.8%2900.3614
$9.00Jul 240.290.74$0.5286.5%2250.56540
$10.00Jul 310.210.37$0.2955.2%1280.31383
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 170.000.14$0.07200.0%1.3K0.147.6K
$8.00Aug 210.500.59$0.5416.7%1.1K0.292.9K
$8.50Jul 240.000.35$0.18194.4%3000.273
$9.00Jul 240.290.59$0.4468.2%2050.4713
$8.50Jul 170.110.17$0.1442.9%530.27122

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 13.0%, max 22.2%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.50Jul 17Jul 2492.1%75.5%22.0%1219
$10.00Jul 17Aug 2187.7%83.6%4.8%3176.9K
$10.50Jul 17Aug 7103.0%98.7%4.4%52478
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Jul 17Jul 3186.6%70.9%22.2%54124
$7.50Jul 17Jul 2492.1%75.5%22.0%2122
$8.00Jul 17Aug 21103.3%88.6%16.6%2.4K10.5K
$9.50Jul 17Aug 1482.2%76.7%7.2%41216
$10.00Jul 17Aug 2187.7%83.6%4.8%29510

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 16 found (best R:R 3.55, avg 1.62)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$10.00$10.50Jul 24$0.11$0.39$0.113.55$10.11
$9.50$10.00Jul 31$0.11$0.39$0.113.55$9.61
$9.00$9.50Jul 17$0.18$0.32$0.181.78$9.18
$8.50$10.00Aug 14$0.54$0.96$0.541.78$9.04
$9.00$9.50Jul 31$0.19$0.31$0.191.63$9.19
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.50$8.00Jul 31$0.14$0.36$0.142.57$8.36
$10.00$9.50Jul 24$0.19$0.31$0.191.63$9.81
$9.00$8.50Jul 17$0.20$0.30$0.201.50$8.80
$9.00$8.50Jul 31$0.23$0.27$0.231.17$8.77
$9.00$8.00Aug 21$0.48$0.52$0.481.08$8.52

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 19 found (best R:R 2.85, avg 1.05)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.50$9.00Jul 17$0.37$0.37$0.132.85$8.87
$7.50$9.00Jul 24$1.02$1.02$0.482.12$8.52
$9.00$9.50Jul 24$0.30$0.30$0.201.50$9.30
$7.50$8.00Jul 17$0.25$0.25$0.251.00$7.75
$9.00$10.00Aug 21$0.48$0.48$0.520.92$9.48
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$10.00$9.00Aug 21$0.69$0.69$0.312.23$9.31
$9.50$9.00Jul 17$0.32$0.32$0.181.78$9.18
$9.00$8.50Jul 24$0.26$0.26$0.241.08$8.74
$9.00$8.00Aug 21$0.48$0.48$0.520.92$8.52
$9.00$8.50Jul 31$0.23$0.23$0.270.85$8.77

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $0.22, cheapest $0.09)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.50Jul 17Jul 24$0.09103.0%83.9%
$9.50Jul 17Jul 24$0.1182.2%62.6%
$10.00Jul 17Jul 24$0.1887.7%88.6%
$7.50Jul 17Jul 24$0.2192.1%75.5%
$9.00Jul 17Jul 24$0.2384.5%74.8%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.00Jul 17Jul 24$0.1084.5%74.8%
$9.50Jul 17Jul 24$0.2182.2%62.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 13 found (cheapest 7.07% of stock, avg 14.21%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.00Jul 17$0.29$0.34$0.63$8.37$9.637.07%
$9.50Jul 17$0.11$0.66$0.77$8.73$10.278.64%
$8.50Jul 17$0.66$0.14$0.80$7.70$9.308.98%
$9.00Jul 24$0.52$0.44$0.96$8.04$9.9610.77%
$9.50Jul 24$0.22$0.87$1.09$8.41$10.5912.23%
$8.00Jul 17$1.08$0.07$1.15$6.85$9.1512.91%
$9.00Jul 31$0.59$0.56$1.15$7.85$10.1512.91%
$10.00Jul 17$0.05$1.19$1.24$8.76$11.2413.92%
$10.00Jul 24$0.23$1.06$1.29$8.71$11.2914.48%
$7.50Jul 17$1.33$0.01$1.34$6.16$8.8415.04%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 33 found (cheapest 1.12% of stock, avg 5.85%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.50$8.00Jul 17$0.03$0.07$0.10$7.90$10.60
$10.00$8.00Jul 17$0.05$0.07$0.12$7.88$10.12
$10.50$7.50Jul 24$0.12$0.03$0.15$7.35$10.65
$10.50$8.50Jul 17$0.03$0.14$0.17$8.33$10.67
$9.50$8.00Jul 17$0.11$0.07$0.18$7.82$9.68
$10.00$8.50Jul 17$0.05$0.14$0.19$8.31$10.19
$10.50$8.00Jul 24$0.12$0.12$0.24$7.76$10.74
$9.50$8.50Jul 17$0.11$0.14$0.25$8.25$9.75
$9.50$7.50Jul 24$0.22$0.03$0.25$7.25$9.75
$10.00$7.50Jul 24$0.23$0.03$0.26$7.24$10.26

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 4 found (best R:R 2.85, avg credit $0.32)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
8/910/10Jul 24$0.37$0.132.85$8.63$10.37
8/910/10Jul 31$0.34$0.162.13$8.66$9.84
8/89/10Jul 31$0.33$0.171.94$8.17$9.33
8/810/10Jul 31$0.25$0.251.00$8.25$9.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 12 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$8.00$8.50$9.00Jul 17$0.05$0.459.00
$9.00$9.50$10.00Jul 31$0.08$0.425.25
$9.00$9.50$10.00Jul 17$0.12$0.383.17
$8.50$9.00$9.50Jul 17$0.19$0.311.63
$9.00$9.50$10.00Jul 24$0.31$0.190.61
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$8.00$8.50$9.00Jul 31$0.09$0.414.56
$8.00$9.00$10.00Aug 21$0.21$0.793.76
$8.50$9.00$9.50Jul 17$0.12$0.383.17
$8.00$8.50$9.00Jul 17$0.13$0.372.85
$8.50$9.00$9.50Jul 24$0.17$0.331.94

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 21 found (best net $-0.19, 13 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.50$10.001:2Aug 14-$0.19$1.31
$9.00$10.001:2Aug 21-$0.15$0.85
$10.00$10.501:2Jul 31-$0.13$0.37
$9.50$10.001:2Jul 31-$0.18$0.32
$9.00$9.501:2Jul 31-$0.21$0.29
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$8.001:2Aug 21-$0.06$0.94
$10.00$9.001:2Aug 21-$0.33$0.67
$8.50$8.001:2Jul 24-$0.06$0.44
$9.00$8.501:2Jul 31-$0.10$0.40
$10.00$9.501:2Jul 17-$0.13$0.37

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 14 found (best yield 9.99%, avg 3.86%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Aug 21$0.890.571.0%9.99%11.00%419
$10.00Aug 21$0.570.4112.2%6.40%18.63%14171
$9.00Jul 31$0.500.541.0%5.61%6.62%120
$10.00Aug 7$0.400.4412.2%4.49%16.72%356
$10.00Aug 14$0.360.4512.2%4.04%16.27%--30
$9.50Jul 31$0.350.416.6%3.93%10.55%1445
$9.50Aug 7$0.340.506.6%3.82%10.44%117
$10.50Aug 7$0.310.3617.9%3.48%21.32%226
$9.00Jul 24$0.290.561.0%3.25%4.26%225540
$9.00Jul 17$0.270.491.0%3.03%4.04%1.5K10.6K

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 5,094
Total Puts 3,162
Put/Call Ratio 0.62
Net Difference 1,932

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 31,713
Total Puts 24,335
Average Put/Call Ratio 0.90
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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