Tour v452
NVAX
NOVAVAX INC
$7.37 -1.60%
$7.33 (-0.54%)🌙
as of 07/28 06:10 PM
7/28 18:10

Option Volume

Detail
Current (07/28) 5,062
Calls: 3,721 (74%)
Puts: 1,341 (26%)
Prior (07/27) 4,324
Calls: 3,561 (82%)
Puts: 763 (18%)
Current vs Prior +17.07%
Calls: +4.49% (Calls)
Puts: +75.75% (Puts)
Prior 7-Day Total 40,730
Calls: 34,174 (84%)
Puts: 6,556 (16%)
Prior 7-Day Average 5,818
Calls: 4,882 (84%)
Puts: 936 (16%)
Current vs Prior 7-Day Avg -13.00%
Calls: -23.78%
Puts: +43.18%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/28) $356.0K
Calls: $278.3K (78%)
Puts: $77.6K (22%)
Prior (07/27) $161.0K
Calls: $145.5K (90%)
Puts: $15.5K (10%)
Current vs Prior +121.13%
Calls: +91.25%
Puts: +402.52%
Prior 7-Day Total $2.51M
Calls: $2.06M (82%)
Puts: $445.5K (18%)
Prior 7-Day Average $358.2K
Calls: $294.6K (82%)
Puts: $63.6K (18%)
Current vs Prior 7-Day Avg -0.64%
Calls: -5.53%
Puts: +21.99%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/28) 0.36
Prior (07/27) 0.21
Current vs Prior +68.20%
Prior 7-Day Average 0.19
Current vs Prior 7-Day Avg +85.77%
Sentiment BULLISH

Open Interest

Detail
Current (07/28) 92,838
Calls: 87,364 (94%)
Puts: 5,474 (6%)
Prior (07/27) 195,750
Calls: 121,191 (62%)
Puts: 74,559 (38%)
Current vs Prior -52.57%
Prior 7-Day Total 1,195,379
Calls: 777,616 (65%)
Puts: 417,763 (35%)
Prior 7-Day Average 170,768
Calls: 111,088 (65%)
Puts: 59,680 (35%)
Current vs Prior 7-Day Avg -45.64%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 7.33% | 19.27%17.64% | 25.51%
Prior 5.61% | 12.95%20.56% | 24.83%
Current vs Prior +30.66% | +48.78%-14.21% | +2.72%
Prior 7-Day Avg 6.31% | 10.26%18.07% | 25.51%
Current vs 7-Day Avg +16.07% | +87.82%-2.40% | +0.00%
Prior 7-Day Eod 5.61% | 12.95%20.56% | 24.83%
Current vs 7-Day Eod +30.66% | +48.78%-14.21% | +2.72%
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 78% of dollar volume in calls ($278.3K) vs puts ($77.6K). Massive premium surge with dollar volume up 121% vs prior. Extreme bullish P/C ratio of 0.36 - heavy call buying (3,721 calls vs 1,341 puts). P/C ratio rising 68% - increased hedging/bearish 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 -- 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. 11 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.00Jul 310.832.26$1.5592.3%11.004
$7.00Aug 70.252.84$1.55167.1%200.891
$7.00Jul 310.381.04$0.7193.0%50.84--
$7.50Aug 70.001.21$0.61198.4%2460.76105
$7.00Aug 140.501.79$1.15112.2%20.69--
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Jul 310.631.59$1.1186.5%10.95--
$8.00Jul 310.260.99$0.63115.9%30.85--
$7.50Jul 310.240.53$0.3974.4%250.62--

Most actively traded options today. High liquidity = easy entry/exit. 31 active (total vol 2.4K, top 570)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.400.83$0.6269.4%3590.46543
$7.50Aug 70.001.21$0.61198.4%2460.76105
$8.00Jul 310.020.06$0.04100.0%2180.131.3K
$8.00Aug 70.140.40$0.2796.3%2160.67489
$7.50Jul 310.130.17$0.1526.7%1630.381.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 70.110.45$0.28121.4%5700.2810
$6.00Jul 310.000.03$0.02150.0%610.0418
$6.50Jul 310.000.03$0.02150.0%280.0620
$7.50Jul 310.240.53$0.3974.4%250.62--
$6.00Aug 70.000.12$0.06200.0%180.08--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 3 strikes (avg 27.1%, max 44.1%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Jul 31Sep 498.1%76.6%28.1%120250
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.00Jul 31Aug 21128.3%89.0%44.1%62108
$7.50Jul 31Aug 2193.9%86.1%9.1%3559

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 9 found (best R:R 3.55, avg 1.69)

BULL CALL (3)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.50$8.00Jul 31$0.11$0.39$0.113.55$7.61
$8.00$8.50Aug 21$0.22$0.28$0.221.27$8.22
$7.00$7.50Aug 14$0.33$0.17$0.330.52$7.33
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.00$6.00Aug 7$0.22$0.78$0.223.55$6.78
$7.00$6.00Aug 21$0.24$0.76$0.243.17$6.76
$8.00$7.50Jul 31$0.24$0.26$0.241.08$7.76
$7.50$7.00Aug 21$0.27$0.23$0.270.85$7.23
$7.50$7.00Jul 31$0.30$0.20$0.300.67$7.20

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 11 found (best R:R 5.25, avg 1.50)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$6.00$7.00Jul 31$0.84$0.84$0.165.25$6.84
$7.50$8.00Aug 7$0.34$0.34$0.162.12$7.84
$7.00$7.50Aug 14$0.33$0.33$0.171.94$7.33
$8.00$8.50Aug 21$0.22$0.22$0.280.79$8.22
$7.50$8.00Jul 31$0.11$0.11$0.390.28$7.61
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.50$7.00Aug 14$0.33$0.33$0.171.94$7.17
$7.50$7.00Jul 31$0.30$0.30$0.201.50$7.20
$7.50$7.00Aug 21$0.27$0.27$0.231.17$7.23
$8.00$7.50Jul 31$0.24$0.24$0.260.92$7.76
$7.00$6.00Aug 21$0.24$0.24$0.760.32$6.76

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $0.42, cheapest $0.19)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Jul 31Aug 7$0.2393.9%147.0%
$8.50Jul 31Aug 21$0.3998.1%99.9%
$7.50Jul 31Aug 7$0.4693.9%212.8%
$7.00Jul 31Aug 7$0.8473.9%140.1%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.00Jul 31Aug 7$0.1973.9%140.1%
$7.50Jul 31Aug 14$0.3793.9%120.9%
$6.50Jul 31Aug 14$0.4682.9%150.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 9 found (cheapest 7.33% of stock, avg 18.41%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$7.50Jul 31$0.15$0.39$0.54$6.96$8.047.33%
$8.00Jul 31$0.04$0.63$0.67$7.33$8.679.09%
$7.00Jul 31$0.71$0.09$0.80$6.20$7.8010.85%
$8.50Jul 31$0.01$1.11$1.12$7.38$9.6215.20%
$6.00Jul 31$1.55$0.02$1.57$4.43$7.5721.30%
$7.00Aug 14$1.15$0.43$1.58$5.42$8.5821.44%
$7.50Aug 14$0.82$0.76$1.58$5.92$9.0821.44%
$7.00Aug 7$1.55$0.28$1.83$5.17$8.8324.83%
$7.00Aug 28$1.81$0.71$2.52$4.48$9.5234.19%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 14 found (cheapest 0.81% of stock, avg 10.54%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$8.00$6.50Jul 31$0.04$0.02$0.06$6.44$8.06
$8.00$7.00Jul 31$0.04$0.09$0.13$6.87$8.13
$7.50$6.50Jul 31$0.15$0.02$0.17$6.33$7.67
$7.50$7.00Jul 31$0.15$0.09$0.24$6.76$7.74
$8.50$6.00Aug 21$0.40$0.14$0.54$5.46$9.04
$8.00$6.00Aug 21$0.62$0.14$0.76$5.24$8.76
$8.50$7.00Aug 21$0.40$0.38$0.78$6.22$9.28
$8.50$7.00Sep 4$0.36$0.63$0.99$6.01$9.49
$8.00$7.00Aug 21$0.62$0.38$1.00$6.00$9.00
$8.50$7.50Aug 21$0.40$0.65$1.05$6.45$9.55

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 2 found (best R:R 1.27, avg credit $0.51)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
6/78/8Aug 7$0.56$0.441.27$6.44$8.06
6/78/8Aug 21$0.46$0.540.85$6.54$8.46

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 7 found (best R:R 6.14, cheapest $0.07)

CALLS (3)
LowMidHighExpiryDebitMax GainR:R
$7.50$8.00$8.50Jul 31$0.08$0.425.25
$7.00$7.50$8.00Aug 14$0.25$0.251.00
$7.00$7.50$8.00Jul 31$0.45$0.050.11
PUTS (4)
LowMidHighExpiryDebitMax GainR:R
$6.00$6.50$7.00Jul 31$0.07$0.436.14
$6.50$7.00$7.50Jul 31$0.23$0.271.17
$7.50$8.00$8.50Jul 31$0.24$0.261.08
$6.50$7.00$7.50Aug 14$0.38$0.120.32

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 14 found (best net $-0.10, 6 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$8.501:2Aug 21-$0.18$0.32
$7.00$7.501:2Aug 14-$0.49$0.01
$6.00$7.001:2Jul 31$0.13$0.87
$7.50$8.001:2Jul 31$0.07$0.43
$7.50$8.001:2Aug 7$0.07$0.43
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.50$7.001:2Aug 14-$0.10$0.40
$7.50$7.001:2Aug 21-$0.11$0.39
$8.00$7.501:2Jul 31-$0.15$0.35
$8.50$8.001:2Jul 31-$0.15$0.35
$7.00$6.001:2Aug 21$0.10$0.90

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 6 found (best yield 6.78%, avg 3.91%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$7.50Aug 14$0.500.571.8%6.78%8.55%10811
$8.00Aug 21$0.400.468.6%5.43%13.98%359543
$8.00Aug 14$0.350.508.6%4.75%13.30%116148
$8.50Sep 4$0.240.3415.3%3.26%18.59%50--
$7.50Jul 31$0.130.381.8%1.76%3.53%1631.7K
$8.50Aug 21$0.110.3615.3%1.49%16.82%4074

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 3,721
Total Puts 1,341
Put/Call Ratio 0.36
Net Difference 2,380

Prior's Put/Call Breakdown

Total Calls 3,561
Total Puts 763
Put/Call Ratio 0.21
Net Difference 2,798

Prior 7-Day Put/Call Summary

Total Calls 34,174
Total Puts 6,556
Average Put/Call Ratio 0.19
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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