Tour v396
NVAX
NOVAVAX INC
$7.46 -4.66%
$7.51 (+0.67%)🌙
as of 07/25 01:44 AM
7/24 01:44

Option Volume

Detail
Current (07/25) 7,577
Calls: 6,639 (88%)
Puts: 938 (12%)
Prior (07/23) 3,795
Calls: 3,053 (80%)
Puts: 742 (20%)
Current vs Prior +99.66%
Calls: +117.46% (Calls)
Puts: +26.42% (Puts)
Prior 7-Day Total 34,354
Calls: 28,362 (83%)
Puts: 5,992 (17%)
Prior 7-Day Average 5,725
Calls: 4,051 (83%)
Puts: 856 (17%)
Current vs Prior 7-Day Avg +32.33%
Calls: +63.86%
Puts: +9.58%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/25) $588.1K
Calls: $526.0K (89%)
Puts: $62.2K (11%)
Prior (07/23) $266.3K
Calls: $199.1K (75%)
Puts: $67.2K (25%)
Current vs Prior +120.86%
Calls: +164.22%
Puts: -7.53%
Prior 7-Day Total $2.20M
Calls: $1.71M (78%)
Puts: $487.9K (22%)
Prior 7-Day Average $366.7K
Calls: $244.6K (78%)
Puts: $69.7K (22%)
Current vs Prior 7-Day Avg +60.37%
Calls: +115.00%
Puts: -10.81%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/25) 0.14
Prior (07/23) 0.24
Current vs Prior -41.87%
Prior 7-Day Average 0.21
Current vs Prior 7-Day Avg -32.79%
Sentiment BULLISH

Open Interest

Detail
Current (07/25) 108,592
Calls: 95,781 (88%)
Puts: 12,811 (12%)
Prior (07/23) 195,599
Calls: 119,889 (61%)
Puts: 75,710 (39%)
Current vs Prior -44.48%
Prior 7-Day Total 1,127,623
Calls: 711,608 (63%)
Puts: 416,015 (37%)
Prior 7-Day Average 187,937
Calls: 118,601 (63%)
Puts: 69,335 (37%)
Current vs Prior 7-Day Avg -42.22%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 6.57% | 18.23%20.38% | 25.34%
Prior 3.45% | 6.26%29.89% | 28.22%
Current vs Prior +90.48% | +191.32%-31.82% | -10.24%
Prior 7-Day Avg 6.53% | 8.03%15.46% | 25.14%
Current vs 7-Day Avg +0.61% | +127.16%+31.83% | +0.77%
Prior 7-Day Eod 3.45% | 6.26%29.89% | 28.22%
Current vs 7-Day Eod +90.48% | +191.32%-31.82% | -10.24%
Sentiment BEARISHBULLISH

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 89% of dollar volume in calls ($526.0K) vs puts ($62.2K). Massive premium surge with dollar volume up 121% vs prior. Dollar volume significantly above 7-day average (60% higher). Above-average activity with volume up 100% vs prior.

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. 16 found (avg delta 0.68, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Jul 240.310.79$0.5587.3%10.79--
$6.00Jul 240.942.90$1.92102.1%120.7613
$7.00Aug 210.901.14$1.0223.5%40.7266
$6.50Jul 240.842.39$1.6295.7%10.72--
$7.50Aug 70.291.55$0.92137.0%1340.7032
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Jul 240.901.22$1.0630.2%11.00--
$8.50Jul 310.941.11$1.0216.7%10.8933
$8.00Jul 240.280.68$0.4883.3%230.71137
$8.00Aug 70.431.10$0.7787.0%10.69--
$8.00Jul 310.530.68$0.6124.6%90.676.3K

Most actively traded options today. High liquidity = easy entry/exit. 39 active (total vol 3.7K, top 1.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Jul 310.200.28$0.2433.3%1.8K0.5137
$8.00Aug 70.300.64$0.4772.3%4710.5521
$8.00Jul 310.080.34$0.21123.8%2180.34154
$7.50Aug 70.291.55$0.92137.0%1340.7032
$8.00Aug 140.400.55$0.4831.3%1320.46--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Aug 210.240.32$0.2828.6%1750.235
$7.50Jul 240.040.10$0.0785.7%420.53122
$7.00Aug 280.170.78$0.48127.1%260.321
$6.50Jul 240.002.13$1.07199.1%230.2951
$8.00Jul 240.280.68$0.4883.3%230.71137

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 2700.1%, max 9666.2%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.00Jul 24Aug 211415.7%82.0%1626.3%566
$8.50Jul 24Aug 211314.3%94.2%1295.0%145525
$8.00Jul 24Sep 41519.3%121.2%1154.0%1462.0K
$7.50Jul 24Aug 7356.2%102.7%246.9%262334
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.00Jul 24Aug 218950.1%91.6%9666.2%21--
$6.50Jul 24Aug 217347.3%92.5%7842.1%19856
$8.00Jul 24Aug 281519.3%84.3%1702.6%24137
$8.50Jul 24Jul 311314.3%75.9%1632.1%233
$7.00Jul 24Aug 281415.7%89.5%1481.4%38424

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 12 found (best R:R 3.55, avg 1.62)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.00$8.50Aug 21$0.11$0.39$0.113.55$8.11
$8.00$8.50Jul 24$0.13$0.37$0.132.85$8.13
$8.00$8.50Jul 31$0.16$0.34$0.162.13$8.16
$7.00$8.00Aug 21$0.42$0.58$0.421.38$7.42
$8.00$8.50Aug 7$0.25$0.25$0.251.00$8.25
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$6.50$6.00Aug 21$0.13$0.37$0.132.85$6.37
$7.50$7.00Jul 31$0.16$0.34$0.162.12$7.34
$7.00$6.50Aug 7$0.26$0.24$0.260.92$6.74
$8.00$7.00Aug 21$0.52$0.48$0.520.92$7.48
$8.00$7.00Aug 28$0.65$0.35$0.650.54$7.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 13 found (best R:R 2.57, avg 1.05)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$6.00$6.50Jul 24$0.30$0.30$0.201.50$6.30
$8.00$8.50Aug 7$0.25$0.25$0.251.00$8.25
$7.00$8.00Aug 21$0.42$0.42$0.580.72$7.42
$8.00$8.50Jul 31$0.16$0.16$0.340.47$8.16
$8.00$8.50Jul 24$0.13$0.13$0.370.35$8.13
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$7.50Jul 31$0.36$0.36$0.142.57$7.64
$8.00$7.50Aug 7$0.33$0.33$0.171.94$7.67
$8.00$7.00Aug 28$0.65$0.65$0.351.86$7.35
$7.00$6.50Aug 7$0.26$0.26$0.241.08$6.74
$8.00$7.00Aug 21$0.52$0.52$0.481.08$7.48

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.23, cheapest $0.13)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.50Jul 24Jul 31$0.14356.2%60.2%
$7.00Jul 24Aug 21$0.471415.7%82.0%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Jul 24Jul 31$0.131519.3%98.5%
$7.50Jul 24Jul 31$0.18356.2%60.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 13 found (cheapest 2.28% of stock, avg 16.72%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$7.50Jul 24$0.10$0.07$0.17$7.33$7.672.28%
$7.50Jul 31$0.24$0.25$0.49$7.01$7.996.57%
$7.00Jul 24$0.55$0.11$0.66$6.34$7.668.85%
$8.00Jul 24$0.18$0.48$0.66$7.34$8.668.85%
$8.00Jul 31$0.21$0.61$0.82$7.18$8.8210.99%
$8.50Jul 31$0.05$1.02$1.07$7.43$9.5714.34%
$8.50Jul 24$0.05$1.06$1.11$7.39$9.6114.88%
$8.00Aug 7$0.47$0.77$1.24$6.76$9.2416.62%
$7.50Aug 7$0.92$0.44$1.36$6.14$8.8618.23%
$7.00Aug 21$1.02$0.38$1.40$5.60$8.4018.77%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 22 found (cheapest 0.94% of stock, avg 8.70%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$8.50$6.50Jul 31$0.05$0.02$0.07$6.43$8.57
$8.50$7.00Jul 31$0.05$0.09$0.14$6.86$8.64
$8.50$7.00Jul 24$0.05$0.11$0.16$6.84$8.66
$8.00$6.50Jul 31$0.21$0.02$0.23$6.27$8.23
$8.00$7.00Jul 24$0.18$0.11$0.29$6.71$8.29
$8.00$7.00Jul 31$0.21$0.09$0.30$6.70$8.30
$8.50$7.50Jul 31$0.05$0.25$0.30$7.20$8.80
$8.50$6.50Aug 7$0.22$0.12$0.34$6.16$8.84
$8.00$7.50Jul 31$0.21$0.25$0.46$7.04$8.46
$8.50$7.00Aug 7$0.22$0.38$0.60$6.40$9.10

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 3 found (best R:R 1.78, avg credit $0.37)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
7/88/8Jul 31$0.32$0.181.78$7.18$8.32
6/67/8Aug 21$0.55$0.451.22$5.95$7.55
6/68/8Aug 21$0.24$0.260.92$6.26$8.24

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 7 found (best R:R 9.00, cheapest $0.05)

CALLS (1)
LowMidHighExpiryDebitMax GainR:R
$7.50$8.00$8.50Aug 7$0.20$0.301.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$7.50$8.00$8.50Jul 31$0.05$0.459.00
$6.50$7.00$7.50Jul 31$0.09$0.414.56
$7.50$8.00$8.50Jul 24$0.17$0.331.94
$7.00$7.50$8.00Jul 31$0.20$0.301.50
$7.00$7.50$8.00Aug 7$0.27$0.230.85

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 19 found (best net $-0.18, 9 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$8.001:2Aug 21-$0.18$0.82
$7.50$8.001:2Jul 31-$0.18$0.32
$7.50$8.001:2Jul 24-$0.26$0.24
$8.00$8.501:2Aug 21-$0.38$0.12
$8.00$8.501:2Jul 24$0.08$0.42
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$7.501:2Aug 7-$0.11$0.39
$7.50$7.001:2Jul 24-$0.15$0.35
$7.00$6.501:2Aug 21-$0.18$0.32
$8.50$8.001:2Jul 31-$0.20$0.30
$7.50$7.001:2Aug 7-$0.32$0.18

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 7 found (best yield 6.70%, avg 3.75%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.00Aug 21$0.500.497.2%6.70%13.94%63498
$8.00Aug 14$0.400.467.2%5.36%12.60%132--
$8.00Sep 4$0.320.457.2%4.29%11.53%23--
$8.00Aug 7$0.300.557.2%4.02%11.26%47121
$7.50Jul 31$0.200.510.5%2.68%3.22%1.8K37
$8.50Aug 21$0.160.4113.9%2.14%16.09%2759
$8.00Jul 31$0.080.347.2%1.07%8.31%218154

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 6,639
Total Puts 938
Put/Call Ratio 0.14
Net Difference 5,701

Prior's Put/Call Breakdown

Total Calls 3,053
Total Puts 742
Put/Call Ratio 0.24
Net Difference 2,311

Prior 7-Day Put/Call Summary

Total Calls 28,362
Total Puts 5,992
Average Put/Call Ratio 0.21
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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