Tour v346
NVAX
NOVAVAX INC
$8.21 -0.36%
$8.20 (-0.13%)🌙
as of 07/17 06:05 PM
7/17 18:05

Option Volume

Detail
Current (07/17) 4,694
Calls: 4,298 (92%)
Puts: 396 (8%)
Prior (07/16) 5,525
Calls: 4,388 (79%)
Puts: 1,137 (21%)
Current vs Prior -15.04%
Calls: -2.05% (Calls)
Puts: -65.17% (Puts)
Prior 7-Day Total 58,335
Calls: 29,935 (51%)
Puts: 28,400 (49%)
Prior 7-Day Average 8,333
Calls: 4,276 (51%)
Puts: 4,057 (49%)
Current vs Prior 7-Day Avg -43.67%
Calls: +0.50%
Puts: -90.24%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/17) $351.9K
Calls: $325.0K (92%)
Puts: $27.0K (8%)
Prior (07/16) $441.8K
Calls: $321.8K (73%)
Puts: $120.0K (27%)
Current vs Prior -20.34%
Calls: +0.98%
Puts: -77.52%
Prior 7-Day Total $2.88M
Calls: $1.62M (56%)
Puts: $1.26M (44%)
Prior 7-Day Average $411.2K
Calls: $231.7K (56%)
Puts: $179.4K (44%)
Current vs Prior 7-Day Avg -14.40%
Calls: +40.23%
Puts: -84.97%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/17) 0.09
Prior (07/16) 0.26
Current vs Prior -64.44%
Prior 7-Day Average 1.01
Current vs Prior 7-Day Avg -90.87%
Sentiment BULLISH

Open Interest

Detail
Current (07/17) 238,521
Calls: 153,003 (64%)
Puts: 85,518 (36%)
Prior (07/16) 236,586
Calls: 150,964 (64%)
Puts: 85,622 (36%)
Current vs Prior +0.82%
Prior 7-Day Total 1,517,252
Calls: 1,010,510 (67%)
Puts: 506,742 (33%)
Prior 7-Day Average 216,750
Calls: 144,358 (67%)
Puts: 72,391 (33%)
Current vs Prior 7-Day Avg +10.04%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 1.95% | 6.70%1.95% | 20.22%
Prior 7.16% | 7.52%7.16% | 22.45%
Current vs Prior -6.44% | +52.17%-72.78% | -9.94%
Prior 7-Day Avg 6.59% | 10.12%7.46% | 22.87%
Current vs 7-Day Avg +1.66% | +13.15%-73.87% | -11.59%
Prior 7-Day Eod 7.16% | 7.52%7.16% | 22.45%
Current vs 7-Day Eod -6.44% | +52.17%-72.78% | -9.94%
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 92% of dollar volume in calls ($325.0K) vs puts ($27.0K). Extreme bullish P/C ratio of 0.09 - heavy call buying (4,298 calls vs 396 puts). P/C ratio dropping 64% - sentiment shifting bullish. Call-heavy open interest (153,003 calls vs 85,518 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 1 of results (avg 7.5%, best 7.5%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 211.551.67$1.617.5%20.7756
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.76, cheapest $0.50)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 140.460.54$0.5016.0%--0.4292
$8.00Aug 140.810.96$0.8916.9%10.6514
$8.00Aug 210.881.03$0.9615.6%150.596
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.660.74$0.7011.4%400.413.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 25 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Jul 170.721.30$1.0157.4%121.00133
$8.00Jul 170.050.25$0.15133.3%1611.002.3K
$7.00Aug 211.551.67$1.617.5%20.7756
$7.50Jul 240.730.93$0.8324.1%10.7798
$7.00Aug 70.812.36$1.5997.5%10.72--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Jul 171.201.96$1.5848.1%--0.97150
$9.00Jul 170.460.90$0.6864.7%80.961.5K
$8.50Jul 170.250.39$0.3243.8%20.94271
$9.50Jul 241.211.85$1.5341.8%--0.8924
$9.00Jul 240.781.06$0.9230.4%10.83215

Most actively traded options today. High liquidity = easy entry/exit. 35 active (total vol 1.9K, top 780)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 240.000.79$0.40197.5%7800.648
$8.50Jul 240.120.20$0.1650.0%2570.3433
$9.00Jul 310.000.37$0.19194.7%1700.32190
$8.00Jul 170.050.25$0.15133.3%1611.002.3K
$9.50Jul 240.020.07$0.05100.0%620.10105
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 210.260.40$0.3342.4%1630.2358
$8.00Aug 210.660.74$0.7011.4%400.413.9K
$8.00Aug 70.011.33$0.67197.0%190.4386
$8.00Jul 170.000.01$0.01100.0%110.087.2K
$9.00Jul 170.460.90$0.6864.7%80.961.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 605.0%, max 1103.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.00Jul 17Aug 211027.5%85.4%1103.0%14189
$9.50Jul 17Aug 7977.1%88.5%1003.6%27682
$9.00Jul 17Aug 21675.2%87.4%672.2%319.6K
$8.50Jul 17Aug 28326.8%88.0%271.3%19107
$8.00Jul 17Aug 28208.5%86.0%142.5%1642.3K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.00Jul 17Aug 211027.5%85.4%1103.0%1631.6K
$9.50Jul 17Aug 14977.1%83.8%1066.6%--174
$7.50Jul 17Aug 14625.8%72.1%767.5%--135
$9.00Jul 17Aug 21675.2%87.4%672.2%81.8K
$8.50Jul 17Aug 7326.8%84.8%285.5%2361

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 16 found (best R:R 4.00, avg 1.63)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.50$9.00Jul 31$0.13$0.37$0.132.85$8.63
$8.00$8.50Jul 17$0.14$0.36$0.142.57$8.14
$8.00$9.00Aug 21$0.37$0.63$0.371.70$8.37
$7.50$9.00Aug 7$0.66$0.84$0.661.27$8.16
$8.00$8.50Jul 24$0.24$0.26$0.241.08$8.24
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.00$7.00Jul 31$0.20$0.80$0.204.00$7.80
$7.50$7.00Jul 24$0.11$0.39$0.113.55$7.39
$8.50$8.00Aug 7$0.18$0.32$0.181.78$8.32
$8.00$7.00Aug 21$0.37$0.63$0.371.70$7.63
$9.00$8.50Aug 7$0.24$0.26$0.241.08$8.76

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 24 found (best R:R 6.14, avg 1.60)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.00$8.00Jul 17$0.86$0.86$0.146.14$7.86
$7.00$7.50Aug 7$0.38$0.38$0.123.17$7.38
$8.00$8.50Aug 14$0.35$0.35$0.152.33$8.35
$7.00$8.00Aug 21$0.65$0.65$0.351.86$7.65
$9.00$9.50Aug 7$0.31$0.31$0.191.63$9.31
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$9.00$8.50Jul 31$0.38$0.38$0.123.17$8.62
$9.00$8.50Jul 17$0.36$0.36$0.142.57$8.64
$8.50$8.00Jul 31$0.36$0.36$0.142.57$8.14
$8.50$8.00Jul 24$0.35$0.35$0.152.33$8.15
$9.00$8.00Aug 21$0.68$0.68$0.322.12$8.32

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 9 found (avg debit $0.24, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.00Jul 17Jul 24$0.06675.2%69.7%
$8.50Jul 17Jul 24$0.15326.8%65.9%
$8.00Jul 17Jul 24$0.25208.5%49.3%
$7.50Jul 24Aug 7$0.3896.0%83.3%
$7.00Jul 17Aug 7$0.581027.5%150.6%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Jul 17Jul 24$0.14208.5%49.3%
$7.50Jul 17Jul 24$0.15625.8%96.0%
$8.50Jul 17Jul 24$0.18326.8%65.9%
$9.00Jul 17Jul 24$0.24675.2%69.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 17 found (cheapest 1.95% of stock, avg 13.95%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.00Jul 17$0.15$0.01$0.16$7.84$8.161.95%
$8.50Jul 17$0.01$0.32$0.33$8.17$8.834.02%
$8.00Jul 24$0.40$0.15$0.55$7.45$8.556.70%
$8.50Jul 24$0.16$0.50$0.66$7.84$9.168.04%
$9.00Jul 17$0.01$0.68$0.69$8.31$9.698.40%
$8.50Jul 31$0.32$0.61$0.93$7.57$9.4311.33%
$7.50Jul 24$0.83$0.16$0.99$6.51$8.4912.06%
$9.00Jul 24$0.07$0.92$0.99$8.01$9.9912.06%
$7.00Jul 17$1.01$0.01$1.02$5.98$8.0212.42%
$9.00Jul 31$0.19$0.99$1.18$7.82$10.1814.37%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 21 found (cheapest 0.24% of stock, avg 5.69%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$8.50$8.00Jul 17$0.01$0.01$0.02$7.98$8.52
$9.50$7.00Jul 24$0.05$0.05$0.10$6.90$9.60
$9.00$7.00Jul 24$0.07$0.05$0.12$6.88$9.12
$9.50$7.00Jul 31$0.10$0.05$0.15$6.85$9.65
$9.50$8.00Jul 24$0.05$0.15$0.20$7.80$9.70
$8.50$7.00Jul 24$0.16$0.05$0.21$6.79$8.71
$9.50$7.50Jul 24$0.05$0.16$0.21$7.29$9.71
$9.00$8.00Jul 24$0.07$0.15$0.22$7.78$9.22
$9.00$7.50Jul 24$0.07$0.16$0.23$7.27$9.23
$9.00$7.00Jul 31$0.19$0.05$0.24$6.76$9.24

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 2 found (best R:R 2.33, avg credit $0.34)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
7/88/8Jul 24$0.35$0.152.33$7.15$8.35
7/88/9Jul 31$0.33$0.670.49$7.67$8.83

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 13 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$8.50$9.00$9.50Jul 24$0.07$0.436.14
$8.00$8.50$9.00Jul 17$0.14$0.362.57
$7.00$8.00$9.00Aug 21$0.28$0.722.57
$8.00$8.50$9.00Jul 24$0.15$0.352.33
$7.50$8.00$8.50Jul 24$0.19$0.311.63
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$8.00$8.50$9.00Jul 17$0.05$0.459.00
$8.00$8.50$9.00Aug 7$0.06$0.447.33
$8.00$8.50$9.00Jul 24$0.07$0.436.14
$7.00$8.00$9.00Aug 21$0.31$0.692.23
$8.50$9.00$9.50Jul 24$0.19$0.311.63

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 23 found (best net $-0.22, 11 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$9.001:2Aug 21-$0.22$0.78
$7.00$8.001:2Aug 21-$0.31$0.69
$8.50$9.001:2Jul 31-$0.06$0.44
$8.00$8.501:2Aug 14-$0.19$0.31
$8.50$9.001:2Aug 14-$0.46$0.04
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$8.501:2Jul 24-$0.08$0.42
$8.00$7.501:2Aug 7-$0.09$0.41
$8.00$7.501:2Jul 24-$0.17$0.33
$9.00$8.501:2Jul 31-$0.23$0.27
$9.50$9.001:2Jul 24-$0.31$0.19

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 7 found (best yield 7.92%, avg 3.97%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.50Aug 28$0.650.543.5%7.92%11.45%2--
$9.00Aug 21$0.510.429.6%6.21%15.83%934
$9.00Aug 14$0.460.429.6%5.60%15.23%--92
$8.50Aug 14$0.360.513.5%4.38%7.92%1223
$8.50Jul 24$0.120.343.5%1.46%4.99%25733
$9.00Aug 7$0.100.409.6%1.22%10.84%427
$8.50Jul 31$0.080.503.5%0.97%4.51%4730

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 4,298
Total Puts 396
Put/Call Ratio 0.09
Net Difference 3,902

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 29,935
Total Puts 28,400
Average Put/Call Ratio 1.01
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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