Tour v334
NVAX
NOVAVAX INC
$8.42 -5.50%
$8.51 (+1.07%)🌙
as of 07/14 06:08 PM
7/14 18:08

Option Volume

Detail
Current (07/14) 8,173
Calls: 6,021 (74%)
Puts: 2,152 (26%)
Prior (07/13) 8,256
Calls: 5,094 (62%)
Puts: 3,162 (38%)
Current vs Prior -1.01%
Calls: +18.20% (Calls)
Puts: -31.94% (Puts)
Prior 7-Day Total 59,470
Calls: 33,374 (56%)
Puts: 26,096 (44%)
Prior 7-Day Average 8,495
Calls: 4,767 (56%)
Puts: 3,728 (44%)
Current vs Prior 7-Day Avg -3.80%
Calls: +26.29%
Puts: -42.27%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/14) $398.1K
Calls: $209.9K (53%)
Puts: $188.2K (47%)
Prior (07/13) $293.3K
Calls: $197.2K (67%)
Puts: $96.1K (33%)
Current vs Prior +35.74%
Calls: +6.44%
Puts: +95.88%
Prior 7-Day Total $3.73M
Calls: $2.63M (71%)
Puts: $1.10M (29%)
Prior 7-Day Average $532.9K
Calls: $376.3K (71%)
Puts: $156.6K (29%)
Current vs Prior 7-Day Avg -25.29%
Calls: -44.22%
Puts: +20.21%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/14) 0.36
Prior (07/13) 0.62
Current vs Prior -42.42%
Prior 7-Day Average 0.93
Current vs Prior 7-Day Avg -61.69%
Sentiment BULLISH

Open Interest

Detail
Current (07/14) 233,670
Calls: 150,517 (64%)
Puts: 83,153 (36%)
Prior (07/13) 233,286
Calls: 150,924 (65%)
Puts: 82,362 (35%)
Current vs Prior +0.16%
Prior 7-Day Total 1,619,110
Calls: 1,074,153 (66%)
Puts: 544,957 (34%)
Prior 7-Day Average 231,301
Calls: 153,450 (66%)
Puts: 77,851 (34%)
Current vs Prior 7-Day Avg +1.02%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 8.79% | 13.18%8.79% | 23.87%
Prior 7.07% | 10.77%7.07% | 23.91%
Current vs Prior +24.30% | +22.35%+24.30% | -0.14%
Prior 7-Day Avg 6.83% | 10.81%9.33% | 23.51%
Current vs 7-Day Avg +28.66% | +21.99%-5.81% | +1.52%
Prior 7-Day Eod 7.07% | 10.77%7.07% | 23.91%
Current vs 7-Day Eod +24.30% | +22.35%+24.30% | -0.14%
Sentiment BEARISHBEARISH

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

Extreme bullish P/C ratio of 0.36 - heavy call buying (6,021 calls vs 2,152 puts). P/C ratio dropping 42% - sentiment shifting bullish. Call-heavy open interest (150,517 calls vs 83,153 puts) suggests bullish positioning.

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. 1 found (avg $0.45, cheapest $0.45)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Jul 240.400.49$0.4520.0%4740.45303

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 22 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Jul 171.411.69$1.5518.1%40.88132
$7.50Jul 240.821.53$1.1860.2%10.8619
$7.00Aug 211.502.42$1.9646.9%50.8446
$8.00Jul 170.080.72$0.40160.0%1090.832.3K
$8.50Aug 70.472.84$1.65143.6%40.63--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Jul 170.601.22$0.9168.1%21.00235
$10.00Jul 171.291.61$1.4522.1%61.00470
$9.50Jul 240.591.48$1.0386.4%21.0015
$10.00Jul 241.221.97$1.6046.9%11.0010
$9.00Jul 170.500.70$0.6033.3%770.821.5K

Most actively traded options today. High liquidity = easy entry/exit. 43 active (total vol 5.3K, top 1.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 170.090.11$0.1020.0%1.6K0.2610.0K
$10.00Jul 170.010.03$0.02100.0%1.1K0.066.6K
$9.00Jul 240.150.34$0.2576.0%4130.41555
$10.00Jul 240.030.10$0.07100.0%3580.1496
$9.50Jul 170.010.07$0.04150.0%3340.12482
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Jul 240.400.49$0.4520.0%4740.45303
$9.00Jul 170.500.70$0.6033.3%770.821.5K
$8.50Jul 170.250.46$0.3658.3%730.49173
$8.00Jul 310.000.41$0.21195.2%250.316.1K
$8.50Aug 70.000.87$0.44197.7%160.45--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 10 strikes (avg 52.0%, max 116.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.00Jul 17Aug 21209.7%96.7%116.9%9178
$9.50Jul 17Aug 798.0%66.6%47.1%349499
$8.50Jul 17Aug 14118.8%85.7%38.7%5830
$10.00Jul 17Aug 21110.5%81.6%35.4%1.1K6.8K
$9.00Jul 17Aug 2188.7%76.9%15.4%1.6K10.0K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.00Jul 17Aug 21209.7%96.7%116.9%71.5K
$7.50Jul 17Aug 7166.6%104.1%60.0%2103
$8.50Jul 17Aug 14118.8%85.7%38.7%74176
$10.00Jul 17Aug 21110.5%81.6%35.4%6491
$9.00Jul 17Aug 2188.7%76.9%15.4%771.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 20 found (best R:R 4.88, avg 1.47)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$9.00$10.00Aug 14$0.17$0.83$0.174.88$9.17
$9.50$10.00Jul 31$0.13$0.37$0.132.85$9.63
$9.00$10.00Aug 21$0.27$0.73$0.272.70$9.27
$8.50$9.00Jul 31$0.14$0.36$0.142.57$8.64
$8.50$9.00Aug 14$0.15$0.35$0.152.33$8.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.00$7.00Aug 21$0.28$0.72$0.282.57$7.72
$9.50$9.00Aug 14$0.15$0.35$0.152.33$9.35
$9.00$8.50Jul 17$0.24$0.26$0.241.08$8.76
$9.00$8.50Jul 24$0.27$0.23$0.270.85$8.73
$9.00$8.00Aug 21$0.55$0.45$0.550.82$8.45

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 21 found (best R:R 3.55, avg 1.19)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.50$9.00Jul 24$0.93$0.93$0.571.63$8.43
$7.00$9.00Aug 21$1.21$1.21$0.791.53$8.21
$8.50$9.00Jul 17$0.28$0.28$0.221.27$8.78
$8.50$9.00Aug 14$0.15$0.15$0.350.43$8.65
$8.50$9.00Jul 31$0.14$0.14$0.360.39$8.64
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$9.00$8.50Aug 14$0.39$0.39$0.113.55$8.61
$8.50$8.00Jul 24$0.32$0.32$0.181.78$8.18
$10.00$9.00Aug 21$0.63$0.63$0.371.70$9.37
$9.50$9.00Jul 17$0.31$0.31$0.191.63$9.19
$9.50$9.00Jul 24$0.31$0.31$0.191.63$9.19

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $0.21, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.00Jul 17Jul 24$0.05110.5%71.8%
$8.50Jul 17Jul 31$0.06118.8%64.6%
$9.50Jul 17Jul 24$0.1298.0%75.5%
$9.00Jul 17Jul 24$0.1588.7%64.6%
$7.00Jul 17Aug 21$0.41209.7%96.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Jul 17Jul 24$0.0778.8%67.3%
$8.50Jul 17Jul 24$0.09118.8%92.9%
$9.00Jul 17Jul 24$0.1288.7%64.6%
$9.50Jul 17Jul 24$0.1298.0%75.5%
$10.00Jul 17Jul 24$0.15110.5%71.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 18 found (cheapest 5.46% of stock, avg 17.46%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.00Jul 17$0.40$0.06$0.46$7.54$8.465.46%
$9.00Jul 17$0.10$0.60$0.70$8.30$9.708.31%
$8.50Jul 17$0.38$0.36$0.74$7.76$9.248.79%
$9.50Jul 17$0.04$0.91$0.95$8.55$10.4511.28%
$9.00Jul 24$0.25$0.72$0.97$8.03$9.9711.52%
$9.00Jul 31$0.30$0.82$1.12$7.88$10.1213.30%
$9.50Jul 24$0.16$1.03$1.19$8.31$10.6914.13%
$7.50Jul 24$1.18$0.14$1.32$6.18$8.8215.68%
$10.00Jul 17$0.02$1.45$1.47$8.53$11.4717.46%
$7.00Jul 17$1.55$0.11$1.66$5.34$8.6619.71%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 39 found (cheapest 0.95% of stock, avg 6.80%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.00$8.00Jul 17$0.02$0.06$0.08$7.92$10.08
$9.50$8.00Jul 17$0.04$0.06$0.10$7.90$9.60
$10.00$7.00Jul 17$0.02$0.11$0.13$6.87$10.13
$9.50$7.00Jul 17$0.04$0.11$0.15$6.85$9.65
$10.00$7.50Jul 17$0.02$0.13$0.15$7.35$10.15
$9.00$8.00Jul 17$0.10$0.06$0.16$7.84$9.16
$9.50$7.50Jul 17$0.04$0.13$0.17$7.33$9.67
$10.00$8.00Jul 24$0.07$0.13$0.20$7.80$10.20
$9.00$7.00Jul 17$0.10$0.11$0.21$6.79$9.21
$10.00$7.50Jul 24$0.07$0.14$0.21$7.29$10.21

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 3 found (best R:R 2.85, avg credit $0.58)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
8/910/10Jul 31$0.74$0.262.85$8.26$10.24
7/89/10Aug 21$0.55$0.451.22$7.45$9.55
8/89/10Aug 14$0.46$0.540.85$8.04$9.46

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 13 found (best R:R 11.50, cheapest $0.07)

CALLS (2)
LowMidHighExpiryDebitMax GainR:R
$8.50$9.00$9.50Jul 31$0.15$0.352.33
$8.50$9.00$9.50Jul 17$0.22$0.281.27
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$8.00$9.00$10.00Aug 21$0.08$0.9211.50
$8.50$9.00$9.50Jul 17$0.07$0.436.14
$7.50$8.00$8.50Aug 7$0.08$0.425.25
$8.00$8.50$9.00Aug 14$0.10$0.404.00
$7.00$8.00$9.00Aug 21$0.27$0.732.70

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 $-0.06, 23 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$10.001:2Aug 21-$0.21$0.79
$9.00$10.001:2Aug 14-$0.40$0.60
$9.00$9.501:2Jul 24-$0.07$0.43
$8.50$9.001:2Jul 31-$0.16$0.34
$9.00$9.501:2Jul 31-$0.32$0.18
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$7.001:2Aug 21-$0.06$0.94
$9.00$8.001:2Aug 21-$0.07$0.93
$10.00$9.001:2Aug 21-$0.54$0.46
$7.50$7.001:2Jul 17-$0.09$0.41
$9.00$8.501:2Jul 17-$0.12$0.38

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 13 found (best yield 7.13%, avg 3.06%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Aug 21$0.600.526.9%7.13%14.01%1121
$8.50Aug 14$0.520.560.9%6.18%7.13%320
$9.00Aug 14$0.490.486.9%5.82%12.71%952
$10.00Aug 21$0.370.3618.8%4.39%23.16%6175
$10.00Aug 7$0.300.4018.8%3.56%22.33%--59
$8.50Jul 17$0.240.540.9%2.85%3.80%5510
$8.50Jul 31$0.170.510.9%2.02%2.97%10--
$9.50Jul 31$0.160.3112.8%1.90%14.73%4353
$9.00Jul 24$0.150.416.9%1.78%8.67%413555
$9.00Jul 31$0.140.366.9%1.66%8.55%1120

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 6,021
Total Puts 2,152
Put/Call Ratio 0.36
Net Difference 3,869

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 33,374
Total Puts 26,096
Average Put/Call Ratio 0.93
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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