Tour v344
NVAX
NOVAVAX INC
$8.24 -2.25%
$8.25 (+0.12%)🌙
as of 07/16 06:03 PM
7/16 18:03

Option Volume

Detail
Current (07/16) 5,525
Calls: 4,388 (79%)
Puts: 1,137 (21%)
Prior (07/15) 5,208
Calls: 3,291 (63%)
Puts: 1,917 (37%)
Current vs Prior +6.09%
Calls: +33.33% (Calls)
Puts: -40.69% (Puts)
Prior 7-Day Total 58,665
Calls: 31,001 (53%)
Puts: 27,664 (47%)
Prior 7-Day Average 8,380
Calls: 4,428 (53%)
Puts: 3,952 (47%)
Current vs Prior 7-Day Avg -34.07%
Calls: -0.92%
Puts: -71.23%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/16) $441.8K
Calls: $321.8K (73%)
Puts: $120.0K (27%)
Prior (07/15) $141.6K
Calls: $111.7K (79%)
Puts: $29.9K (21%)
Current vs Prior +211.94%
Calls: +188.05%
Puts: +301.17%
Prior 7-Day Total $3.18M
Calls: $2.01M (63%)
Puts: $1.17M (37%)
Prior 7-Day Average $454.4K
Calls: $287.0K (63%)
Puts: $167.4K (37%)
Current vs Prior 7-Day Avg -2.77%
Calls: +12.14%
Puts: -28.33%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/16) 0.26
Prior (07/15) 0.58
Current vs Prior -55.52%
Prior 7-Day Average 0.98
Current vs Prior 7-Day Avg -73.61%
Sentiment BULLISH

Open Interest

Detail
Current (07/16) 236,586
Calls: 150,964 (64%)
Puts: 85,622 (36%)
Prior (07/15) 116,385
Calls: 92,706 (80%)
Puts: 23,679 (20%)
Current vs Prior +103.28%
Prior 7-Day Total 1,510,466
Calls: 1,012,361 (67%)
Puts: 498,105 (33%)
Prior 7-Day Average 215,780
Calls: 144,623 (67%)
Puts: 71,157 (33%)
Current vs Prior 7-Day Avg +9.64%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 7.16% | 7.52%7.16% | 22.45%
Prior 4.51% | 8.78%4.51% | 20.52%
Current vs Prior +58.84% | -14.28%+58.84% | +9.40%
Prior 7-Day Avg 6.53% | 10.86%8.25% | 23.03%
Current vs 7-Day Avg +9.60% | -30.69%-13.18% | -2.51%
Prior 7-Day Eod 4.51% | 8.78%4.51% | 20.52%
Current vs 7-Day Eod +58.84% | -14.28%+58.84% | +9.40%
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

Moderately bullish flow with 73% call dollar volume ($321.8K). Massive premium surge with dollar volume up 212% vs prior. Extreme bullish P/C ratio of 0.26 - heavy call buying (4,388 calls vs 1,137 puts). P/C ratio dropping 56% - sentiment shifting bullish.

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. -- found (avg $--, cheapest $--)

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 21 found (avg delta 0.71, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Jul 170.591.54$1.0788.8%351.00133
$7.50Jul 240.221.55$0.89149.4%400.9258
$7.00Aug 211.171.76$1.4740.1%--0.7656
$8.00Jul 170.200.35$0.2853.6%160.692.3K
$7.50Aug 70.831.50$1.1757.3%200.69--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Jul 171.161.78$1.4742.2%110.92233
$9.50Jul 241.262.00$1.6345.4%150.8715
$9.00Jul 170.641.10$0.8752.9%520.841.5K
$8.50Jul 170.200.77$0.49116.3%800.81302
$9.00Jul 240.791.00$0.9023.3%20.74213

Most actively traded options today. High liquidity = easy entry/exit. 40 active (total vol 1.7K, top 512)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 170.010.10$0.06150.0%1590.149.6K
$8.50Jul 170.030.07$0.0580.0%910.20100
$8.50Jul 240.210.27$0.2425.0%900.3810
$9.50Jul 240.000.11$0.06183.3%800.1297
$9.00Jul 240.090.21$0.1580.0%600.25719
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.670.90$0.7929.1%5120.403.9K
$8.00Jul 310.290.38$0.3426.5%890.386.1K
$8.50Jul 170.200.77$0.49116.3%800.81302
$8.50Aug 70.520.96$0.7459.5%700.5520
$9.00Jul 170.641.10$0.8752.9%520.841.5K

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 98.9%, max 177.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.00Jul 17Aug 21207.6%83.4%148.9%1599.6K
$8.50Jul 17Aug 14126.9%64.4%97.2%91123
$8.00Jul 17Aug 28143.8%77.1%86.6%372.3K
$9.50Jul 17Aug 7201.3%120.0%67.8%20693
$7.00Jul 17Aug 21132.5%94.2%40.6%35189
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.50Jul 17Aug 14201.3%72.5%177.6%11257
$8.50Jul 17Aug 7126.9%50.7%150.5%150322
$9.00Jul 17Aug 28207.6%95.2%118.2%531.5K
$8.00Jul 17Aug 21143.8%89.1%61.3%53311.1K
$7.00Jul 17Aug 21132.5%94.2%40.6%341.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 17 found (best R:R 3.55, avg 1.44)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.50$9.00Aug 14$0.14$0.36$0.142.57$8.64
$9.00$9.50Jul 31$0.15$0.35$0.152.33$9.15
$8.00$8.50Jul 24$0.21$0.29$0.211.38$8.21
$7.00$9.00Aug 21$0.90$1.10$0.901.22$7.90
$8.00$8.50Jul 17$0.23$0.27$0.231.17$8.23
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.00$7.50Jul 24$0.11$0.39$0.113.55$7.89
$8.50$8.00Jul 17$0.18$0.32$0.181.78$8.32
$9.50$9.00Aug 14$0.18$0.32$0.181.78$9.32
$8.00$7.00Aug 21$0.38$0.62$0.381.63$7.62
$9.00$8.00Jul 31$0.39$0.61$0.391.56$8.61

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 20 found (best R:R 4.56, avg 1.35)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.50$8.50Aug 7$0.82$0.82$0.184.56$8.32
$7.00$8.00Jul 17$0.79$0.79$0.213.76$7.79
$8.00$8.50Aug 14$0.25$0.25$0.251.00$8.25
$8.00$8.50Jul 17$0.23$0.23$0.270.85$8.23
$7.00$9.00Aug 21$0.90$0.90$1.100.82$7.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$9.00$8.50Jul 17$0.38$0.38$0.123.17$8.62
$9.00$7.50Aug 14$0.96$0.96$0.541.78$8.04
$9.00$8.00Aug 21$0.63$0.63$0.371.70$8.37
$9.00$8.50Jul 24$0.31$0.31$0.191.63$8.69
$8.00$7.50Jul 17$0.30$0.30$0.201.50$7.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $0.20, cheapest $0.09)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.00Jul 17Jul 24$0.09207.6%90.2%
$8.00Jul 17Jul 24$0.17143.8%50.0%
$8.50Jul 17Jul 24$0.19126.9%79.6%
$7.50Jul 24Aug 7$0.2858.4%194.3%
$7.00Jul 17Aug 21$0.40132.5%94.2%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Jul 17Jul 24$0.10126.9%79.6%
$9.50Jul 17Jul 24$0.16201.3%83.5%
$7.00Jul 17Jul 24$0.22132.5%146.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 16 found (cheapest 6.55% of stock, avg 15.05%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.50Jul 17$0.05$0.49$0.54$7.96$9.046.55%
$8.00Jul 17$0.28$0.31$0.59$7.41$8.597.16%
$8.00Jul 24$0.45$0.17$0.62$7.38$8.627.52%
$8.50Jul 24$0.24$0.59$0.83$7.67$9.3310.07%
$9.00Jul 17$0.06$0.87$0.93$8.07$9.9311.29%
$7.50Jul 24$0.89$0.06$0.95$6.55$8.4511.53%
$9.00Jul 24$0.15$0.90$1.05$7.95$10.0512.74%
$9.00Jul 31$0.34$0.73$1.07$7.93$10.0712.99%
$7.00Jul 17$1.07$0.01$1.08$5.92$8.0813.11%
$8.50Aug 7$0.35$0.74$1.09$7.41$9.5913.23%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 26 found (cheapest 1.46% of stock, avg 8.30%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$9.50$7.50Jul 24$0.06$0.06$0.12$7.38$9.62
$9.00$7.50Jul 24$0.15$0.06$0.21$7.29$9.21
$9.50$8.00Jul 24$0.06$0.17$0.23$7.77$9.73
$9.50$7.00Jul 24$0.06$0.23$0.29$6.71$9.79
$8.50$7.50Jul 24$0.24$0.06$0.30$7.20$8.80
$9.00$8.00Jul 24$0.15$0.17$0.32$7.68$9.32
$8.50$8.00Jul 17$0.05$0.31$0.36$7.64$8.86
$9.00$8.00Jul 17$0.06$0.31$0.37$7.63$9.37
$9.00$7.00Jul 24$0.15$0.23$0.38$6.62$9.38
$8.50$8.00Jul 24$0.24$0.17$0.41$7.59$8.91

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

No iron condor setups found

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 13 found (best R:R 3.55, cheapest $0.11)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$8.00$8.50$9.00Aug 14$0.11$0.393.55
$8.00$8.50$9.00Jul 24$0.12$0.383.17
$8.50$9.00$9.50Aug 7$0.18$0.321.78
$7.50$8.00$8.50Jul 24$0.23$0.271.17
$8.00$8.50$9.00Jul 17$0.24$0.261.08
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$7.00$8.00$9.00Aug 21$0.25$0.753.00
$7.00$8.00$9.00Jul 31$0.32$0.682.13
$8.00$8.50$9.00Jul 17$0.20$0.301.50
$8.50$9.00$9.50Jul 17$0.22$0.281.27
$7.00$7.50$8.00Jul 24$0.28$0.220.79

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 24 found (best net $-0.16, 15 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.50$9.001:2Jul 24-$0.06$0.44
$8.50$9.001:2Jul 17-$0.07$0.43
$8.50$9.001:2Jul 31-$0.27$0.23
$8.50$9.001:2Aug 14-$0.29$0.21
$8.00$8.501:2Aug 14-$0.32$0.18
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$8.001:2Aug 21-$0.16$0.84
$8.00$7.001:2Jul 31-$0.20$0.80
$9.00$8.501:2Jul 17-$0.11$0.39
$8.50$8.001:2Jul 17-$0.13$0.37
$9.50$9.001:2Jul 24-$0.17$0.33

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 6 found (best yield 4.85%, avg 3.34%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.50Aug 14$0.400.533.2%4.85%8.01%--23
$9.00Aug 21$0.400.429.2%4.85%14.08%--34
$8.50Jul 31$0.280.463.2%3.40%6.55%2010
$9.00Aug 14$0.270.419.2%3.28%12.50%593
$8.50Jul 24$0.210.383.2%2.55%5.70%9010
$9.00Jul 24$0.090.259.2%1.09%10.32%60719

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 4,388
Total Puts 1,137
Put/Call Ratio 0.26
Net Difference 3,251

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 31,001
Total Puts 27,664
Average Put/Call Ratio 0.98
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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