Tour v388
NVAX
NOVAVAX INC
$7.91 -2.04%
$7.92 (+0.06%)🌙
as of 07/22 06:19 PM
7/22 18:19

Option Volume

Detail
Current (07/22) 4,994
Calls: 4,174 (84%)
Puts: 820 (16%)
Prior (07/21) 3,785
Calls: 3,051 (81%)
Puts: 734 (19%)
Current vs Prior +31.94%
Calls: +36.81% (Calls)
Puts: +11.72% (Puts)
Prior 7-Day Total 47,202
Calls: 35,541 (75%)
Puts: 11,661 (25%)
Prior 7-Day Average 6,743
Calls: 5,077 (75%)
Puts: 1,665 (25%)
Current vs Prior 7-Day Avg -25.94%
Calls: -17.79%
Puts: -50.78%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/22) $269.2K
Calls: $192.3K (71%)
Puts: $76.9K (29%)
Prior (07/21) $199.7K
Calls: $119.0K (60%)
Puts: $80.7K (40%)
Current vs Prior +34.80%
Calls: +61.58%
Puts: -4.70%
Prior 7-Day Total $2.50M
Calls: $1.84M (74%)
Puts: $658.0K (26%)
Prior 7-Day Average $356.9K
Calls: $262.9K (74%)
Puts: $94.0K (26%)
Current vs Prior 7-Day Avg -24.57%
Calls: -26.85%
Puts: -18.21%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/22) 0.20
Prior (07/21) 0.24
Current vs Prior -18.34%
Prior 7-Day Average 0.34
Current vs Prior 7-Day Avg -42.27%
Sentiment BULLISH

Open Interest

Detail
Current (07/22) 83,578
Calls: 62,314 (75%)
Puts: 21,264 (25%)
Prior (07/21) 190,554
Calls: 115,648 (61%)
Puts: 74,906 (39%)
Current vs Prior -56.14%
Prior 7-Day Total 1,431,787
Calls: 923,552 (65%)
Puts: 508,235 (35%)
Prior 7-Day Average 204,541
Calls: 131,936 (65%)
Puts: 72,605 (35%)
Current vs Prior 7-Day Avg -59.14%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 5.18% | 7.08%18.71% | 26.55%
Prior 8.18% | 6.20%15.49% | 27.51%
Current vs Prior -36.62% | +14.27%+20.79% | -3.49%
Prior 7-Day Avg 7.27% | 9.65%9.22% | 23.48%
Current vs 7-Day Avg -28.73% | -26.64%+103.03% | +13.06%
Prior 7-Day Eod 8.18% | 6.20%15.49% | 27.51%
Current vs 7-Day Eod -36.62% | +14.27%+20.79% | -3.49%
Sentiment BULLISHBEARISH

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 71% call dollar volume ($192.3K). Extreme bullish P/C ratio of 0.20 - heavy call buying (4,174 calls vs 820 puts). Call-heavy open interest (62,314 calls vs 21,264 puts) suggests bullish positioning. Declining open interest (down 56%) indicates positions being closed.

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. 12 found (avg delta 0.84, highest 1.07)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Jul 240.301.68$0.99139.4%71.074
$6.50Jul 241.212.17$1.6956.8%61.063
$8.50Jul 240.010.02$0.0250.0%1501.00334
$7.50Jul 240.242.47$1.36164.0%3350.99125
$8.00Jul 240.000.35$0.18194.4%1.0K0.871.2K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Jul 240.100.77$0.44152.3%21.00798
$9.00Jul 240.431.69$1.06118.9%71.00--
$9.00Aug 140.102.11$1.11181.1%70.70--
$8.00Jul 310.200.42$0.3171.0%30.536.2K

Most actively traded options today. High liquidity = easy entry/exit. 29 active (total vol 2.5K, top 1.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 240.000.35$0.18194.4%1.0K0.871.2K
$7.50Jul 240.242.47$1.36164.0%3350.99125
$8.00Aug 210.560.79$0.6833.8%2720.51143
$8.50Jul 240.010.02$0.0250.0%1501.00334
$8.00Jul 310.140.35$0.2584.0%1420.48118
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Jul 240.000.04$0.02200.0%1100.05422
$7.50Jul 240.020.15$0.09144.4%630.1865
$6.50Jul 240.000.07$0.04175.0%520.064
$7.50Aug 210.300.55$0.4358.1%420.372
$7.00Aug 140.080.34$0.21123.8%270.22--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 135.2%, max 177.4%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Jul 24Aug 21173.5%82.5%110.2%1.3K1.3K
$7.00Jul 24Aug 21176.9%85.5%107.0%1265
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Jul 24Jul 31256.3%92.4%177.4%744
$7.50Jul 24Aug 21181.6%66.7%172.2%10567
$7.00Jul 24Aug 14176.9%75.5%134.5%137422
$8.00Jul 24Aug 21173.5%82.5%110.2%264.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 8 found (best R:R 3.35, avg 1.89)

BULL CALL (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.00$8.50Jul 24$0.16$0.34$0.162.12$8.16
$8.00$8.50Jul 31$0.16$0.34$0.162.12$8.16
$8.00$9.00Aug 7$0.39$0.61$0.391.56$8.39
$8.50$9.00Aug 21$0.28$0.22$0.280.79$8.78
BEAR PUT (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.00$7.00Jul 31$0.23$0.77$0.233.35$7.77
$8.00$7.50Jul 24$0.14$0.36$0.142.57$7.86
$8.50$8.00Jul 24$0.21$0.29$0.211.38$8.29
$9.00$7.00Aug 14$0.90$1.10$0.901.22$8.10

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 10 found (best R:R 2.85, avg 1.01)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.00$8.00Aug 21$0.68$0.68$0.322.13$7.68
$8.50$9.00Aug 21$0.28$0.28$0.221.27$8.78
$8.00$9.00Aug 7$0.39$0.39$0.610.64$8.39
$8.00$8.50Jul 24$0.16$0.16$0.340.47$8.16
$8.00$8.50Jul 31$0.16$0.16$0.340.47$8.16
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$7.50Aug 21$0.37$0.37$0.132.85$7.63
$9.00$7.00Aug 14$0.90$0.90$1.100.82$8.10
$8.50$8.00Jul 24$0.21$0.21$0.290.72$8.29
$8.00$7.50Jul 24$0.14$0.14$0.360.39$7.86
$8.00$7.00Jul 31$0.23$0.23$0.770.30$7.77

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $0.14, cheapest $0.05)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Jul 24Jul 31$0.07173.5%56.3%
$8.50Jul 24Jul 31$0.07-999.0%56.9%
$9.00Jul 24Jul 31$0.0833.1%83.0%
$7.00Jul 24Aug 21$0.37176.9%85.5%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.00Jul 24Aug 14$0.0533.1%82.7%
$7.00Jul 24Jul 31$0.06176.9%78.9%
$8.00Jul 24Jul 31$0.08173.5%56.3%
$7.50Jul 24Aug 21$0.34181.6%66.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 9 found (cheapest 5.18% of stock, avg 13.39%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.00Jul 24$0.18$0.23$0.41$7.59$8.415.18%
$8.50Jul 24$0.02$0.44$0.46$8.04$8.965.82%
$8.00Jul 31$0.25$0.31$0.56$7.44$8.567.08%
$7.00Jul 24$0.99$0.02$1.01$5.99$8.0112.77%
$9.00Jul 24$0.02$1.06$1.08$7.92$10.0813.65%
$8.00Aug 7$0.74$0.61$1.35$6.65$9.3517.07%
$7.50Jul 24$1.36$0.09$1.45$6.05$8.9518.33%
$8.00Aug 21$0.68$0.80$1.48$6.52$9.4818.71%
$6.50Jul 24$1.69$0.04$1.73$4.77$8.2321.87%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 15 found (cheapest 0.51% of stock, avg 6.03%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$9.00$7.00Jul 24$0.02$0.02$0.04$6.96$9.04
$9.00$6.50Jul 24$0.02$0.04$0.06$6.44$9.06
$9.00$7.50Jul 24$0.02$0.09$0.11$7.39$9.11
$8.50$6.50Jul 31$0.09$0.04$0.13$6.37$8.63
$9.00$6.50Jul 31$0.10$0.04$0.14$6.36$9.14
$8.50$7.00Jul 31$0.09$0.08$0.17$6.83$8.67
$9.00$7.00Jul 31$0.10$0.08$0.18$6.82$9.18
$9.00$8.00Jul 24$0.02$0.23$0.25$7.75$9.25
$8.00$6.50Jul 31$0.25$0.04$0.29$6.21$8.29
$8.00$7.00Jul 31$0.25$0.08$0.33$6.67$8.33

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. 6 found (best R:R 6.14, cheapest $0.07)

CALLS (2)
LowMidHighExpiryDebitMax GainR:R
$8.00$8.50$9.00Jul 24$0.16$0.342.13
$8.00$8.50$9.00Jul 31$0.17$0.331.94
PUTS (4)
LowMidHighExpiryDebitMax GainR:R
$7.00$7.50$8.00Jul 24$0.07$0.436.14
$7.50$8.00$8.50Jul 24$0.07$0.436.14
$6.50$7.00$7.50Jul 24$0.09$0.414.56
$8.00$8.50$9.00Jul 24$0.41$0.090.22

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 12 found (best net $--, 6 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$8.001:2Aug 21$0.00$1.00
$8.50$9.001:2Aug 21-$0.09$0.41
$8.50$9.001:2Jul 31-$0.11$0.39
$6.50$7.001:2Jul 24-$0.29$0.21
$8.00$8.501:2Jul 31$0.07$0.43
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$6.501:2Jul 24-$0.06$0.44
$8.00$7.501:2Aug 21-$0.06$0.44
$9.00$7.001:2Aug 14$0.69$1.31
$8.00$7.001:2Jul 31$0.15$0.85
$8.00$7.501:2Jul 24$0.05$0.45

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 6 found (best yield 7.08%, avg 4.19%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.00Aug 21$0.560.511.1%7.08%8.22%272143
$8.50Aug 21$0.470.457.5%5.94%13.40%1627
$8.00Aug 7$0.400.581.1%5.06%6.19%201
$9.00Aug 21$0.220.3313.8%2.78%16.56%4192
$9.00Aug 7$0.200.3513.8%2.53%16.31%533
$8.00Jul 31$0.140.481.1%1.77%2.91%142118

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 4,174
Total Puts 820
Put/Call Ratio 0.20
Net Difference 3,354

Prior's Put/Call Breakdown

Total Calls 3,051
Total Puts 734
Put/Call Ratio 0.24
Net Difference 2,317

Prior 7-Day Put/Call Summary

Total Calls 35,541
Total Puts 11,661
Average Put/Call Ratio 0.34
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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