Tour v366
NVAX
NOVAVAX INC
$7.88 -4.02%
$7.91 (+0.38%)🌙
as of 07/20 06:04 PM
7/20 18:04

Option Volume

Detail
Current (07/20) 11,561
Calls: 9,398 (81%)
Puts: 2,163 (19%)
Prior (07/17) 4,694
Calls: 4,298 (92%)
Puts: 396 (8%)
Current vs Prior +146.29%
Calls: +118.66% (Calls)
Puts: +446.21% (Puts)
Prior 7-Day Total 58,493
Calls: 29,873 (51%)
Puts: 28,620 (49%)
Prior 7-Day Average 8,356
Calls: 4,267 (51%)
Puts: 4,088 (49%)
Current vs Prior 7-Day Avg +38.35%
Calls: +120.22%
Puts: -47.10%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/20) $671.5K
Calls: $555.3K (83%)
Puts: $116.2K (17%)
Prior (07/17) $351.9K
Calls: $325.0K (92%)
Puts: $27.0K (8%)
Current vs Prior +90.80%
Calls: +70.88%
Puts: +330.83%
Prior 7-Day Total $2.98M
Calls: $1.72M (58%)
Puts: $1.26M (42%)
Prior 7-Day Average $426.4K
Calls: $246.2K (58%)
Puts: $180.2K (42%)
Current vs Prior 7-Day Avg +57.48%
Calls: +125.55%
Puts: -35.53%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/20) 0.23
Prior (07/17) 0.09
Current vs Prior +149.80%
Prior 7-Day Average 1.02
Current vs Prior 7-Day Avg -77.34%
Sentiment BULLISH

Open Interest

Detail
Current (07/20) 182,785
Calls: 109,790 (60%)
Puts: 72,995 (40%)
Prior (07/17) 238,521
Calls: 153,003 (64%)
Puts: 85,518 (36%)
Current vs Prior -23.37%
Prior 7-Day Total 1,524,607
Calls: 1,009,472 (66%)
Puts: 515,135 (34%)
Prior 7-Day Average 217,801
Calls: 144,210 (66%)
Puts: 73,590 (34%)
Current vs Prior 7-Day Avg -16.08%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 8.50% | 9.64%19.54% | 25.89%
Prior 6.70% | 11.45%1.95% | 20.22%
Current vs Prior +26.92% | -15.76%+902.83% | +28.04%
Prior 7-Day Avg 6.77% | 10.55%6.53% | 22.43%
Current vs 7-Day Avg +25.64% | -8.56%+199.31% | +15.44%
Prior 7-Day Eod 6.70% | 11.45%1.95% | 20.22%
Current vs 7-Day Eod +26.92% | -15.76%+902.83% | +28.04%
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

Strong bullish conviction with 83% of dollar volume in calls ($555.3K) vs puts ($116.2K). Elevated premium activity with dollar volume up 91% vs prior. Dollar volume significantly above 7-day average (57% higher). Unusually high activity with volume up 146% vs prior - elevated interest.

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 $0.46, cheapest $0.46)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 210.420.50$0.4617.4%1170.3836
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 0.68, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Jul 241.002.34$1.6780.2%21.00--
$7.00Aug 211.251.44$1.3514.1%40.7658
$7.50Jul 240.370.58$0.4843.7%450.6997
$7.50Aug 70.701.45$1.0869.4%--0.6520
$8.00Aug 280.551.09$0.8265.9%10.5734
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 240.831.21$1.0237.3%--0.91215
$9.00Jul 310.911.31$1.1136.0%--0.8923
$8.50Jul 240.291.03$0.66112.1%20.82785
$9.00Aug 141.141.62$1.3834.8%10.714
$9.00Aug 70.051.53$0.79187.3%10.699

Most actively traded options today. High liquidity = easy entry/exit. 36 active (total vol 2.8K, top 465)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Jul 240.030.09$0.06100.0%3150.1779
$8.00Jul 240.200.37$0.2958.6%2810.44624
$8.50Jul 310.000.26$0.13200.0%2790.2867
$8.00Jul 310.080.67$0.38155.3%2310.53--
$9.00Jul 240.020.03$0.0333.3%2300.08728
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Jul 240.000.04$0.02200.0%4650.0711
$7.00Aug 210.300.45$0.3839.5%2250.26208
$8.00Jul 310.320.44$0.3831.6%630.506.2K
$8.00Jul 240.000.75$0.38197.4%600.5629
$8.00Aug 70.281.28$0.78128.2%400.4796

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 19.8%, max 57.0%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Jul 24Aug 28115.6%73.7%57.0%282658
$9.00Jul 24Aug 2893.9%82.6%13.6%231729
$8.50Jul 24Aug 2884.3%80.9%4.2%34081
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Jul 24Aug 21115.6%79.6%45.2%864.0K
$9.00Jul 24Aug 2193.9%86.3%8.8%--497
$6.50Jul 24Aug 2896.9%90.5%7.1%119
$7.50Jul 24Aug 2196.2%93.5%2.9%3936

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 22 found (best R:R 3.17, avg 1.60)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.50$9.00Aug 14$0.14$0.36$0.142.57$8.64
$8.50$9.00Aug 28$0.15$0.35$0.152.33$8.65
$8.00$8.50Aug 28$0.16$0.34$0.162.13$8.16
$8.00$9.00Aug 21$0.33$0.67$0.332.03$8.33
$7.50$8.00Jul 24$0.19$0.31$0.191.63$7.69
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.50$6.50Aug 14$0.24$0.76$0.243.17$7.26
$8.00$7.50Aug 21$0.13$0.37$0.132.85$7.87
$8.00$6.50Aug 7$0.40$1.10$0.402.75$7.60
$7.00$6.50Aug 21$0.15$0.35$0.152.33$6.85
$7.50$7.00Jul 24$0.16$0.34$0.162.12$7.34

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 24 found (best R:R 2.70, avg 0.98)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.50$8.00Aug 7$0.31$0.31$0.191.63$7.81
$7.00$8.00Aug 21$0.56$0.56$0.441.27$7.56
$8.00$8.50Aug 14$0.27$0.27$0.231.17$8.27
$8.00$8.50Jul 31$0.25$0.25$0.251.00$8.25
$8.00$8.50Jul 24$0.23$0.23$0.270.85$8.23
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$9.00$8.00Jul 31$0.73$0.73$0.272.70$8.27
$9.00$8.50Jul 24$0.36$0.36$0.142.57$8.64
$9.00$8.00Aug 21$0.64$0.64$0.361.78$8.36
$9.00$7.50Aug 14$0.91$0.91$0.591.54$8.09
$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. 7 found (avg debit $0.20, cheapest $0.06)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.00Jul 24Jul 31$0.0693.9%70.8%
$8.50Jul 24Jul 31$0.0784.3%57.1%
$8.00Jul 24Jul 31$0.09115.6%69.3%
$7.50Jul 24Aug 7$0.6096.2%116.2%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.00Jul 24Jul 31$0.0993.9%70.8%
$7.50Jul 24Jul 31$0.1496.2%98.8%
$8.50Jul 24Aug 7$0.3384.3%154.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 14 found (cheapest 8.38% of stock, avg 16.36%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$7.50Jul 24$0.48$0.18$0.66$6.84$8.168.38%
$8.00Jul 24$0.29$0.38$0.67$7.33$8.678.50%
$8.50Jul 24$0.06$0.66$0.72$7.78$9.229.14%
$8.00Jul 31$0.38$0.38$0.76$7.24$8.769.64%
$9.00Jul 24$0.03$1.02$1.05$7.95$10.0513.32%
$9.00Aug 7$0.33$0.79$1.12$7.88$10.1214.21%
$9.00Jul 31$0.09$1.11$1.20$7.80$10.2015.23%
$8.00Aug 21$0.79$0.75$1.54$6.46$9.5419.54%
$8.00Aug 7$0.77$0.78$1.55$6.45$9.5519.67%
$9.00Aug 14$0.27$1.38$1.65$7.35$10.6520.94%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 28 found (cheapest 0.63% of stock, avg 7.66%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$9.00$7.00Jul 24$0.03$0.02$0.05$6.95$9.05
$8.50$7.00Jul 24$0.06$0.02$0.08$6.92$8.58
$9.00$6.50Jul 31$0.09$0.03$0.12$6.38$9.12
$9.00$7.00Jul 31$0.09$0.05$0.14$6.86$9.14
$8.50$6.50Jul 31$0.13$0.03$0.16$6.34$8.66
$8.50$7.00Jul 31$0.13$0.05$0.18$6.82$8.68
$9.00$7.50Jul 24$0.03$0.18$0.21$7.29$9.21
$8.50$7.50Jul 24$0.06$0.18$0.24$7.26$8.74
$8.00$7.00Jul 24$0.29$0.02$0.31$6.69$8.31
$9.00$7.50Jul 31$0.09$0.32$0.41$7.09$9.41

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 6 found (best R:R 3.55, avg credit $0.55)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
7/88/8Jul 24$0.39$0.113.55$7.11$8.39
6/88/9Aug 7$0.95$0.551.73$7.05$9.45
7/88/9Aug 21$0.57$0.431.33$6.93$8.57
6/88/8Aug 14$0.51$0.491.04$6.99$8.51
6/78/9Aug 21$0.48$0.520.92$6.52$8.48
6/88/9Aug 14$0.38$0.620.61$7.12$8.88

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 10 found (best R:R 5.25, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$7.00$8.00$9.00Aug 21$0.23$0.773.35
$8.00$8.50$9.00Aug 14$0.13$0.372.85
$8.00$8.50$9.00Jul 24$0.20$0.301.50
$8.00$8.50$9.00Jul 31$0.21$0.291.38
$7.50$8.00$8.50Aug 7$0.42$0.080.19
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$7.50$8.00$8.50Jul 24$0.08$0.425.25
$8.00$8.50$9.00Jul 24$0.08$0.425.25
$6.50$7.00$7.50Aug 21$0.09$0.414.56
$6.50$7.00$7.50Jul 24$0.15$0.352.33
$6.50$7.00$7.50Jul 31$0.25$0.251.00

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 $-0.11, 14 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$9.001:2Aug 21-$0.13$0.87
$7.00$8.001:2Aug 21-$0.23$0.77
$7.50$8.001:2Jul 24-$0.10$0.40
$8.50$9.001:2Aug 14-$0.13$0.37
$8.00$8.501:2Aug 14-$0.14$0.36
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$8.001:2Aug 21-$0.11$0.89
$7.00$6.501:2Aug 21-$0.08$0.42
$8.50$8.001:2Jul 24-$0.10$0.40
$7.50$7.001:2Aug 21-$0.14$0.36
$8.00$7.501:2Jul 31-$0.26$0.24

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 11 found (best yield 8.88%, avg 4.21%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.00Aug 21$0.700.561.5%8.88%10.41%12921
$8.00Aug 14$0.600.531.5%7.61%9.14%--15
$8.00Aug 28$0.550.571.5%6.98%8.50%134
$9.00Aug 21$0.420.3814.2%5.33%19.54%11736
$9.00Aug 28$0.300.4014.2%3.81%18.02%11
$8.50Aug 28$0.280.487.9%3.55%11.42%252
$8.00Aug 7$0.220.551.5%2.79%4.31%1--
$8.00Jul 24$0.200.441.5%2.54%4.06%281624
$8.50Aug 14$0.150.407.9%1.90%9.77%4234
$9.00Aug 14$0.150.2914.2%1.90%16.12%11092

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 9,398
Total Puts 2,163
Put/Call Ratio 0.23
Net Difference 7,235

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 29,873
Total Puts 28,620
Average Put/Call Ratio 1.02
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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