Tour v340
NVAX
NOVAVAX INC
$8.43 +0.12%
$8.45 (+0.24%)🌙
as of 07/15 06:12 PM
7/15 18:12

Option Volume

Detail
Current (07/15) 5,208
Calls: 3,291 (63%)
Puts: 1,917 (37%)
Prior (07/14) 8,173
Calls: 6,021 (74%)
Puts: 2,152 (26%)
Current vs Prior -36.28%
Calls: -45.34% (Calls)
Puts: -10.92% (Puts)
Prior 7-Day Total 57,237
Calls: 30,312 (53%)
Puts: 26,925 (47%)
Prior 7-Day Average 8,176
Calls: 4,330 (53%)
Puts: 3,846 (47%)
Current vs Prior 7-Day Avg -36.31%
Calls: -24.00%
Puts: -50.16%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/15) $141.6K
Calls: $111.7K (79%)
Puts: $29.9K (21%)
Prior (07/14) $398.1K
Calls: $209.9K (53%)
Puts: $188.2K (47%)
Current vs Prior -64.43%
Calls: -46.78%
Puts: -84.11%
Prior 7-Day Total $3.28M
Calls: $2.07M (63%)
Puts: $1.20M (37%)
Prior 7-Day Average $468.1K
Calls: $296.1K (63%)
Puts: $172.1K (37%)
Current vs Prior 7-Day Avg -69.75%
Calls: -62.26%
Puts: -82.62%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/15) 0.58
Prior (07/14) 0.36
Current vs Prior +62.97%
Prior 7-Day Average 0.96
Current vs Prior 7-Day Avg -39.53%
Sentiment BULLISH

Open Interest

Detail
Current (07/15) 116,385
Calls: 92,706 (80%)
Puts: 23,679 (20%)
Prior (07/14) 233,670
Calls: 150,517 (64%)
Puts: 83,153 (36%)
Current vs Prior -50.19%
Prior 7-Day Total 1,621,701
Calls: 1,070,977 (66%)
Puts: 550,724 (34%)
Prior 7-Day Average 231,671
Calls: 152,996 (66%)
Puts: 78,674 (34%)
Current vs Prior 7-Day Avg -49.76%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 4.51% | 8.78%4.51% | 20.52%
Prior 8.79% | 13.18%8.79% | 23.87%
Current vs Prior -48.71% | -33.41%-48.71% | -14.03%
Prior 7-Day Avg 6.91% | 11.25%9.25% | 23.57%
Current vs 7-Day Avg -34.79% | -21.99%-51.29% | -12.92%
Prior 7-Day Eod 8.79% | 13.18%8.79% | 23.87%
Current vs 7-Day Eod -48.71% | -33.41%-48.71% | -14.03%
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

Strong bullish conviction with 79% of dollar volume in calls ($111.7K) vs puts ($29.9K). Light premium activity with dollar volume down 64% vs prior. Bullish P/C ratio of 0.58. P/C ratio rising 63% - increased hedging/bearish 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 $0.43, cheapest $0.43)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 210.400.46$0.4314.0%740.34175
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 17 found (avg delta 0.73, highest 0.98)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Jul 240.811.61$1.2166.1%400.9418
$7.00Jul 171.201.55$1.3825.4%60.87--
$7.00Aug 211.601.88$1.7416.1%50.8451
$8.00Jul 170.200.59$0.4097.5%120.822.3K
$8.00Jul 240.481.15$0.8281.7%10.71--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 171.491.78$1.6417.7%20.98--
$9.00Jul 170.410.70$0.5552.7%260.861.6K
$9.00Jul 240.660.95$0.8135.8%130.72213
$9.50Aug 140.003.30$1.65200.0%100.7014
$10.00Aug 210.692.31$1.50108.0%50.7021

Most actively traded options today. High liquidity = easy entry/exit. 45 active (total vol 4.2K, top 1.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 170.040.06$0.0540.0%9750.189.7K
$9.00Jul 240.050.26$0.16131.2%2610.27719
$9.50Jul 240.060.11$0.0955.6%1990.1692
$8.50Jul 170.120.23$0.1861.1%1540.4955
$9.00Jul 310.250.36$0.3135.5%1310.6827
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 170.020.10$0.06133.3%1.5K0.196.8K
$8.50Jul 170.030.37$0.20170.0%1290.52229
$7.50Aug 140.200.44$0.3275.0%400.26--
$8.00Aug 70.002.57$1.29199.2%360.3437
$9.00Jul 170.410.70$0.5552.7%260.861.6K

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 75.2%, max 238.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.00Jul 17Aug 21265.5%78.5%238.4%1151
$10.00Jul 17Aug 28139.9%70.8%97.5%1175.9K
$9.50Jul 17Aug 28110.3%90.9%21.4%31661
$9.00Jul 17Aug 2887.1%74.4%17.1%9769.7K
$8.00Jul 17Aug 2892.5%80.0%15.6%142.3K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.00Jul 17Aug 21265.5%78.5%238.4%523
$10.00Jul 17Aug 21139.9%83.7%67.2%721
$7.50Jul 17Aug 1498.4%76.0%29.5%43103
$8.00Jul 17Aug 2192.5%77.8%18.9%1.5K10.7K
$9.00Jul 17Aug 2187.1%80.9%7.7%301.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 16 found (best R:R 9.00, avg 2.58)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$9.00$10.00Jul 31$0.10$0.90$0.109.00$9.10
$8.50$9.00Jul 17$0.13$0.37$0.132.85$8.63
$8.50$9.00Jul 24$0.13$0.37$0.132.85$8.63
$9.00$10.00Aug 21$0.28$0.72$0.282.57$9.28
$8.00$8.50Jul 17$0.22$0.28$0.221.27$8.22
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$10.00$9.00Aug 21$0.13$0.87$0.136.69$9.87
$8.00$7.50Jul 24$0.11$0.39$0.113.55$7.89
$9.00$8.50Aug 7$0.12$0.38$0.123.17$8.88
$8.50$8.00Jul 17$0.14$0.36$0.142.57$8.36
$8.00$7.00Aug 21$0.33$0.67$0.332.03$7.67

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 21 found (best R:R 4.26, avg 1.28)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.50$8.00Jul 24$0.39$0.39$0.113.55$7.89
$9.50$10.00Aug 28$0.36$0.36$0.142.57$9.86
$8.00$9.00Aug 28$0.56$0.56$0.441.27$8.56
$8.00$9.00Aug 14$0.55$0.55$0.451.22$8.55
$8.50$10.00Aug 7$0.78$0.78$0.721.08$9.28
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$9.00$8.00Aug 21$0.81$0.81$0.194.26$8.19
$9.00$8.50Jul 24$0.36$0.36$0.142.57$8.64
$9.00$8.50Jul 17$0.35$0.35$0.152.33$8.65
$9.50$7.50Aug 14$1.33$1.33$0.671.99$8.17
$8.50$8.00Jul 24$0.28$0.28$0.221.27$8.22

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $0.21, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.50Jul 17Jul 24$0.06110.3%79.9%
$8.50Jul 17Jul 24$0.1176.6%69.1%
$9.00Jul 17Jul 24$0.1187.1%74.4%
$7.00Jul 17Aug 21$0.36265.5%78.5%
$8.00Jul 17Jul 24$0.4292.5%60.9%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Jul 17Jul 24$0.1192.5%60.9%
$8.50Jul 17Jul 24$0.2576.6%69.1%
$9.00Jul 17Jul 24$0.2687.1%74.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 13 found (cheapest 4.51% of stock, avg 14.82%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.50Jul 17$0.18$0.20$0.38$8.12$8.884.51%
$8.00Jul 17$0.40$0.06$0.46$7.54$8.465.46%
$9.00Jul 17$0.05$0.55$0.60$8.40$9.607.12%
$8.50Jul 24$0.29$0.45$0.74$7.76$9.248.78%
$9.00Jul 24$0.16$0.81$0.97$8.03$9.9711.51%
$8.00Jul 24$0.82$0.17$0.99$7.01$8.9911.74%
$7.50Jul 24$1.21$0.06$1.27$6.23$8.7715.07%
$7.00Jul 17$1.38$0.13$1.51$5.49$8.5117.91%
$10.00Jul 17$0.02$1.64$1.66$8.34$11.6619.69%
$8.50Aug 7$1.05$0.63$1.68$6.82$10.1819.93%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 28 found (cheapest 0.95% of stock, avg 5.31%)

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$0.03$0.06$0.09$7.91$9.59
$9.00$8.00Jul 17$0.05$0.06$0.11$7.89$9.11
$10.00$7.50Jul 24$0.05$0.06$0.11$7.39$10.11
$10.00$7.00Jul 17$0.02$0.13$0.15$6.85$10.15
$9.50$7.50Jul 24$0.09$0.06$0.15$7.35$9.65
$9.50$7.00Jul 17$0.03$0.13$0.16$6.84$9.66
$9.00$7.00Jul 17$0.05$0.13$0.18$6.82$9.18
$10.00$7.00Jul 24$0.05$0.13$0.18$6.82$10.18
$9.00$7.50Jul 24$0.16$0.06$0.22$7.28$9.22

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 2 found (best R:R 1.56, avg credit $0.42)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
7/89/10Aug 21$0.61$0.391.56$7.39$9.61
8/88/9Jul 24$0.24$0.260.92$7.76$8.74

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 11 found (best R:R 7.33, cheapest $0.06)

CALLS (4)
LowMidHighExpiryDebitMax GainR:R
$8.50$9.00$9.50Jul 24$0.06$0.447.33
$8.00$8.50$9.00Jul 17$0.09$0.414.56
$8.50$9.00$9.50Jul 17$0.11$0.393.55
$8.00$8.50$9.00Jul 24$0.40$0.100.25
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$8.00$8.50$9.00Jul 24$0.08$0.425.25
$7.50$8.00$8.50Jul 17$0.09$0.414.56
$7.00$7.50$8.00Jul 17$0.17$0.331.94
$7.50$8.00$8.50Jul 24$0.17$0.331.94
$7.00$7.50$8.00Jul 24$0.18$0.321.78

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 $-0.11, 7 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$10.001:2Jul 31-$0.11$0.89
$8.00$9.001:2Aug 28-$0.12$0.88
$9.00$10.001:2Aug 21-$0.15$0.85
$7.50$8.001:2Jul 24-$0.43$0.07
$7.00$9.001:2Aug 21$0.32$1.68
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$8.501:2Jul 24-$0.09$0.41
$7.50$7.001:2Jul 24-$0.20$0.30
$7.50$7.001:2Jul 17-$0.25$0.25
$9.50$7.501:2Aug 14$1.01$0.99
$8.00$7.001:2Aug 21$0.10$0.90

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 10 found (best yield 7.24%, avg 2.96%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Aug 21$0.610.496.8%7.24%14.00%431
$9.50Aug 28$0.510.4312.7%6.05%18.74%2--
$9.00Aug 28$0.430.476.8%5.10%11.86%1--
$10.00Aug 21$0.400.3418.6%4.74%23.37%74175
$8.50Jul 24$0.130.460.8%1.54%2.37%691
$8.50Jul 17$0.120.490.8%1.42%2.25%15455
$10.00Jul 31$0.100.3418.6%1.19%19.81%130502
$10.00Aug 7$0.070.3118.6%0.83%19.45%1559
$10.00Aug 28$0.070.3018.6%0.83%19.45%2--
$9.50Jul 24$0.060.1612.7%0.71%13.40%19992

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 3,291
Total Puts 1,917
Put/Call Ratio 0.58
Net Difference 1,374

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 30,312
Total Puts 26,925
Average Put/Call Ratio 0.96
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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