Tour v456
NVAX
NOVAVAX INC
$7.34 -0.41%
$7.32 (-0.29%)🌙
as of 07/29 06:12 PM
7/29 18:12

Option Volume

Detail
Current (07/29) 3,984
Calls: 3,092 (78%)
Puts: 892 (22%)
Prior (07/28) 5,062
Calls: 3,721 (74%)
Puts: 1,341 (26%)
Current vs Prior -21.30%
Calls: -16.90% (Calls)
Puts: -33.48% (Puts)
Prior 7-Day Total 41,098
Calls: 33,597 (82%)
Puts: 7,501 (18%)
Prior 7-Day Average 5,871
Calls: 4,799 (82%)
Puts: 1,071 (18%)
Current vs Prior 7-Day Avg -32.14%
Calls: -35.58%
Puts: -16.76%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/29) $220.0K
Calls: $173.9K (79%)
Puts: $46.1K (21%)
Prior (07/28) $356.0K
Calls: $278.3K (78%)
Puts: $77.6K (22%)
Current vs Prior -38.19%
Calls: -37.53%
Puts: -40.59%
Prior 7-Day Total $2.51M
Calls: $2.02M (80%)
Puts: $496.2K (20%)
Prior 7-Day Average $358.8K
Calls: $287.9K (80%)
Puts: $70.9K (20%)
Current vs Prior 7-Day Avg -38.69%
Calls: -39.61%
Puts: -34.93%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/29) 0.29
Prior (07/28) 0.36
Current vs Prior -19.95%
Prior 7-Day Average 0.23
Current vs Prior 7-Day Avg +24.18%
Sentiment BULLISH

Open Interest

Detail
Current (07/29) 81,618
Calls: 62,996 (77%)
Puts: 18,622 (23%)
Prior (07/28) 92,838
Calls: 87,364 (94%)
Puts: 5,474 (6%)
Current vs Prior -12.09%
Prior 7-Day Total 1,049,696
Calls: 711,977 (68%)
Puts: 337,719 (32%)
Prior 7-Day Average 149,956
Calls: 101,711 (68%)
Puts: 48,245 (32%)
Current vs Prior 7-Day Avg -45.57%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 8.04% | 23.30%19.07% | 21.12%
Prior 7.33% | 19.27%17.64% | 25.51%
Current vs Prior +9.71% | +20.91%+8.13% | -17.22%
Prior 7-Day Avg 6.40% | 11.38%20.31% | 26.26%
Current vs 7-Day Avg +25.55% | +104.80%-6.11% | -19.60%
Prior 7-Day Eod 7.33% | 19.27%17.64% | 25.51%
Current vs 7-Day Eod +9.71% | +20.91%+8.13% | -17.22%
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 79% of dollar volume in calls ($173.9K) vs puts ($46.1K). Extreme bullish P/C ratio of 0.29 - heavy call buying (3,092 calls vs 892 puts). Call-heavy open interest (62,996 calls vs 18,622 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 -- 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 $0.23, cheapest $0.23)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Aug 140.210.25$0.2317.4%3320.2345

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 9 found (avg delta 0.72, highest 0.96)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.00Jul 310.003.45$1.73199.4%10.83--
$6.50Jul 310.002.94$1.47200.0%20.74--
$7.50Aug 140.481.20$0.8485.7%1370.5518
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Jul 310.002.72$1.36200.0%30.9635
$8.00Jul 310.340.83$0.5983.1%250.866.3K
$8.50Aug 140.183.55$1.87180.2%10.71--
$8.50Aug 70.042.44$1.24193.5%20.7190
$7.50Aug 70.052.35$1.20191.7%110.55--

Most actively traded options today. High liquidity = easy entry/exit. 28 active (total vol 1.9K, top 332)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Aug 70.120.35$0.2495.8%2720.2450
$8.00Aug 70.200.32$0.2646.2%2320.29505
$8.00Aug 140.330.72$0.5373.6%1870.44172
$8.00Jul 310.020.06$0.04100.0%1770.141.5K
$7.50Aug 70.100.92$0.51160.8%1430.43126
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Aug 140.210.25$0.2317.4%3320.2345
$7.00Aug 70.001.03$0.52198.1%1520.39535
$7.00Aug 210.410.55$0.4829.2%520.32475
$8.00Jul 310.340.83$0.5983.1%250.866.3K
$6.50Jul 310.000.65$0.33197.0%210.2718

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 81.8%, max 233.0%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Jul 31Aug 21113.1%54.3%108.3%44397
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Jul 31Aug 14333.9%100.3%233.0%35363
$6.00Jul 31Aug 21330.8%162.1%104.1%33122
$7.50Aug 7Aug 14172.2%141.3%21.8%1263
$7.00Jul 31Aug 21144.2%122.7%17.5%73475
$8.50Jul 31Aug 14113.1%106.8%6.0%435

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 11 found (best R:R 8.09, avg 1.98)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.50$8.00Jul 31$0.18$0.32$0.181.78$7.68
$8.00$8.50Aug 14$0.23$0.27$0.231.17$8.23
$7.50$8.00Aug 7$0.25$0.25$0.251.00$7.75
$6.00$6.50Jul 31$0.26$0.24$0.260.92$6.26
$7.50$8.00Aug 14$0.31$0.19$0.310.61$7.81
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.00$6.00Aug 21$0.11$0.89$0.118.09$6.89
$7.00$6.50Aug 14$0.14$0.36$0.142.57$6.86
$6.50$6.00Jul 31$0.15$0.35$0.152.33$6.35
$8.00$7.00Jul 31$0.43$0.57$0.431.33$7.57
$7.00$6.00Aug 7$0.48$0.52$0.481.08$6.52

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 11 found (best R:R 1.63, avg 0.81)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.50$8.00Aug 14$0.31$0.31$0.191.63$7.81
$6.00$6.50Jul 31$0.26$0.26$0.241.08$6.26
$7.50$8.00Aug 7$0.25$0.25$0.251.00$7.75
$8.00$8.50Aug 14$0.23$0.23$0.270.85$8.23
$7.50$8.00Jul 31$0.18$0.18$0.320.56$7.68
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$7.00Aug 21$0.53$0.53$0.471.13$7.47
$7.00$6.00Aug 7$0.48$0.48$0.520.92$6.52
$8.00$7.00Jul 31$0.43$0.43$0.570.75$7.57
$6.50$6.00Jul 31$0.15$0.15$0.350.43$6.35
$7.00$6.50Aug 14$0.14$0.14$0.360.39$6.86

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $0.30, cheapest $0.22)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Jul 31Aug 7$0.22105.4%146.7%
$8.50Jul 31Aug 7$0.23113.1%168.7%
$7.50Jul 31Aug 7$0.29136.2%172.2%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.00Jul 31Aug 7$0.36144.2%330.6%
$8.00Jul 31Aug 21$0.42105.4%125.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 8.58% of stock, avg 21.81%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.00Jul 31$0.04$0.59$0.63$7.37$8.638.58%
$8.50Jul 31$0.01$1.36$1.37$7.13$9.8718.66%
$8.50Aug 7$0.24$1.24$1.48$7.02$9.9820.16%
$7.50Aug 7$0.51$1.20$1.71$5.79$9.2123.30%
$7.50Aug 14$0.84$0.90$1.74$5.76$9.2423.71%
$6.50Jul 31$1.47$0.33$1.80$4.70$8.3024.52%
$6.00Jul 31$1.73$0.18$1.91$4.09$7.9126.02%
$8.50Aug 14$0.30$1.87$2.17$6.33$10.6729.56%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 20 found (cheapest 2.72% of stock, avg 8.72%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$8.00$7.00Jul 31$0.04$0.16$0.20$6.80$8.20
$8.00$6.00Jul 31$0.04$0.18$0.22$5.78$8.22
$8.50$6.00Aug 7$0.24$0.04$0.28$5.72$8.78
$8.00$6.00Aug 7$0.26$0.04$0.30$5.70$8.30
$8.00$6.50Jul 31$0.04$0.33$0.37$6.13$8.37
$7.50$7.00Jul 31$0.22$0.16$0.38$6.62$7.88
$7.50$6.00Jul 31$0.22$0.18$0.40$5.60$7.90
$8.50$6.50Aug 14$0.30$0.23$0.53$5.97$9.03
$7.50$6.50Jul 31$0.22$0.33$0.55$5.95$8.05
$7.50$6.00Aug 7$0.51$0.04$0.55$5.45$8.05

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 3 found (best R:R 2.85, avg credit $0.48)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
6/78/8Aug 14$0.37$0.132.85$6.63$8.37
6/78/8Aug 7$0.73$0.272.70$6.27$8.23
6/68/8Jul 31$0.33$0.171.94$6.17$7.83

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 5 found (best R:R 5.25, cheapest $0.08)

CALLS (3)
LowMidHighExpiryDebitMax GainR:R
$7.50$8.00$8.50Aug 14$0.08$0.425.25
$7.50$8.00$8.50Jul 31$0.15$0.352.33
$7.50$8.00$8.50Aug 7$0.23$0.271.17
PUTS (2)
LowMidHighExpiryDebitMax GainR:R
$6.00$7.00$8.00Aug 21$0.42$0.581.38
$6.50$7.00$7.50Aug 14$0.39$0.110.28

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 13 found (best net $-0.26, 5 credits)

CALLS (4)
Buy KSell KRatioExpiryNetMax Gain
$8.00$8.501:2Aug 14-$0.07$0.43
$8.00$8.501:2Aug 7-$0.22$0.28
$7.50$8.001:2Aug 14-$0.22$0.28
$7.50$8.001:2Jul 31$0.14$0.36
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$6.001:2Aug 21-$0.26$0.74
$7.00$6.501:2Aug 14-$0.09$0.41
$8.00$7.001:2Aug 21$0.05$0.95
$8.50$7.501:2Aug 14$0.07$0.93
$8.00$7.001:2Jul 31$0.27$0.73

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 8 found (best yield 6.54%, avg 3.13%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$7.50Aug 14$0.480.552.2%6.54%8.72%13718
$8.00Aug 14$0.330.449.0%4.50%13.49%187172
$8.50Aug 21$0.270.4715.8%3.68%19.48%2793
$8.50Aug 14$0.240.3215.8%3.27%19.07%1--
$8.00Aug 7$0.200.299.0%2.72%11.72%232505
$8.50Aug 7$0.120.2415.8%1.63%17.44%27250
$7.50Jul 31$0.100.442.2%1.36%3.54%281.7K
$7.50Aug 7$0.100.432.2%1.36%3.54%143126

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 3,092
Total Puts 892
Put/Call Ratio 0.29
Net Difference 2,200

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 33,597
Total Puts 7,501
Average Put/Call Ratio 0.23
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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