Tour v477
NVAX
NOVAVAX INC
$7.32 -1.61%
$7.31 (-0.14%)🌙
as of 07/31 06:06 PM
7/31 18:06

Option Volume

Detail
Current (07/31) 6,023
Calls: 4,867 (81%)
Puts: 1,156 (19%)
Prior (07/30) 4,046
Calls: 3,602 (89%)
Puts: 444 (11%)
Current vs Prior +48.86%
Calls: +35.12% (Calls)
Puts: +160.36% (Puts)
Prior 7-Day Total 33,782
Calls: 27,842 (82%)
Puts: 5,940 (18%)
Prior 7-Day Average 4,826
Calls: 3,977 (82%)
Puts: 848 (18%)
Current vs Prior 7-Day Avg +24.80%
Calls: +22.37%
Puts: +36.23%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/31) $534.0K
Calls: $490.4K (92%)
Puts: $43.7K (8%)
Prior (07/30) $182.4K
Calls: $155.1K (85%)
Puts: $27.3K (15%)
Current vs Prior +192.70%
Calls: +216.08%
Puts: +59.89%
Prior 7-Day Total $2.04M
Calls: $1.67M (82%)
Puts: $372.8K (18%)
Prior 7-Day Average $291.9K
Calls: $238.6K (82%)
Puts: $53.3K (18%)
Current vs Prior 7-Day Avg +82.98%
Calls: +105.52%
Puts: -18.00%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/31) 0.24
Prior (07/30) 0.12
Current vs Prior +92.69%
Prior 7-Day Average 0.22
Current vs Prior 7-Day Avg +6.07%
Sentiment BULLISH

Open Interest

Detail
Current (07/31) 204,156
Calls: 127,417 (62%)
Puts: 76,739 (38%)
Prior (07/30) 105,149
Calls: 93,115 (89%)
Puts: 12,034 (11%)
Current vs Prior +94.16%
Prior 7-Day Total 863,124
Calls: 642,650 (74%)
Puts: 220,474 (26%)
Prior 7-Day Average 123,303
Calls: 91,807 (74%)
Puts: 31,496 (26%)
Current vs Prior 7-Day Avg +65.57%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 1.78% | 13.93%17.90% | 23.36%
Prior 5.38% | 11.42%18.01% | 22.58%
Current vs Prior +159.18% | +78.17%-0.64% | +3.45%
Prior 7-Day Avg 5.94% | 14.07%20.61% | 24.88%
Current vs 7-Day Avg +134.76% | +44.64%-13.16% | -6.10%
Prior 7-Day Eod 5.38% | 11.42%18.01% | 22.58%
Current vs 7-Day Eod +159.18% | +78.17%-0.64% | +3.45%
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 92% of dollar volume in calls ($490.4K) vs puts ($43.7K). Massive premium surge with dollar volume up 193% vs prior. Dollar volume significantly above 7-day average (83% higher). Extreme bullish P/C ratio of 0.24 - heavy call buying (4,867 calls vs 1,156 puts).

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 $0.25, cheapest $0.25)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 70.230.26$0.2512.0%960.34746
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 18 found (avg delta 0.70, highest 0.96)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Jul 310.001.14$0.57200.0%90.8911
$6.00Aug 211.161.75$1.4640.4%10.82--
$6.50Aug 140.601.70$1.1595.7%20.786
$7.00Aug 280.841.36$1.1047.3%60.697
$8.00Sep 40.300.54$0.4257.1%--0.6523
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 310.281.22$0.75125.3%300.966.3K
$7.50Jul 310.010.22$0.12175.0%170.9257
$8.50Jul 310.611.76$1.1996.6%10.9033
$8.50Aug 70.651.91$1.2898.4%--0.8191
$8.00Aug 70.281.30$0.79129.1%20.67137

Most actively traded options today. High liquidity = easy entry/exit. 32 active (total vol 2.7K, top 1.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 70.611.34$0.9874.5%1.5K0.6421
$8.00Jul 310.000.01$0.01100.0%3900.041.6K
$7.50Aug 70.340.54$0.4445.5%1080.49144
$7.50Jul 310.000.01$0.01100.0%1040.081.8K
$8.00Aug 70.230.26$0.2512.0%960.34746
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.00Aug 70.000.28$0.14200.0%1530.1519
$6.50Aug 140.190.25$0.2227.3%610.26435
$6.00Jul 310.000.01$0.01100.0%330.0226
$8.00Jul 310.281.22$0.75125.3%300.966.3K
$7.50Aug 210.421.16$0.7993.7%220.5269

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 742.4%, max 2305.3%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Jul 31Sep 41516.7%63.1%2305.3%5361
$8.00Jul 31Sep 4650.0%107.6%504.3%3901.6K
$7.00Jul 31Aug 28487.3%139.1%250.4%1518
$7.50Jul 31Aug 14239.4%128.3%86.6%1141.8K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Jul 31Aug 71516.7%114.2%1228.0%1124
$6.00Jul 31Aug 211289.1%100.3%1185.1%33135
$6.50Jul 31Aug 21829.7%102.3%711.3%--214
$8.00Jul 31Aug 28650.0%88.0%639.0%376.3K
$7.00Jul 31Sep 4487.3%106.9%355.7%14257

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 14 found (best R:R 2.85, avg 1.63)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.00$8.50Aug 7$0.13$0.37$0.132.85$8.13
$7.50$8.00Aug 7$0.19$0.31$0.191.63$7.69
$8.00$8.50Aug 28$0.20$0.30$0.201.50$8.20
$6.00$7.00Aug 21$0.48$0.52$0.481.08$6.48
$7.00$8.00Aug 28$0.51$0.49$0.510.96$7.51
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.00$6.50Aug 7$0.13$0.37$0.132.85$6.87
$7.50$7.00Aug 7$0.15$0.35$0.152.33$7.35
$6.50$6.00Aug 7$0.16$0.34$0.162.13$6.34
$6.50$6.00Aug 21$0.17$0.33$0.171.94$6.33
$8.00$7.50Aug 7$0.21$0.29$0.211.38$7.79

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 14 found (best R:R 1.22, avg 0.72)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.00$8.00Aug 21$0.55$0.55$0.451.22$7.55
$8.00$8.50Aug 14$0.26$0.26$0.241.08$8.26
$7.00$8.00Aug 28$0.51$0.51$0.491.04$7.51
$6.00$7.00Aug 21$0.48$0.48$0.520.92$6.48
$8.00$8.50Aug 28$0.20$0.20$0.300.67$8.20
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$7.00Aug 28$0.48$0.48$0.520.92$7.52
$8.00$7.50Aug 7$0.21$0.21$0.290.72$7.79
$7.50$7.00Aug 14$0.21$0.21$0.290.72$7.29
$6.50$6.00Aug 21$0.17$0.17$0.330.52$6.33
$6.50$6.00Aug 7$0.16$0.16$0.340.47$6.34

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 9 found (avg debit $0.28, cheapest $0.08)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Jul 31Aug 7$0.081516.7%114.2%
$8.00Jul 31Aug 7$0.24650.0%119.5%
$7.00Jul 31Aug 7$0.41487.3%150.0%
$7.50Jul 31Aug 7$0.43239.4%125.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Jul 31Aug 7$0.091516.7%114.2%
$6.00Jul 31Aug 7$0.131289.1%160.0%
$6.50Jul 31Aug 7$0.29829.7%166.8%
$7.00Jul 31Aug 7$0.41487.3%150.0%
$7.50Jul 31Aug 7$0.46239.4%125.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 16 found (cheapest 1.78% of stock, avg 17.65%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$7.50Jul 31$0.01$0.12$0.13$7.37$7.631.78%
$7.00Jul 31$0.57$0.02$0.59$6.41$7.598.06%
$8.00Jul 31$0.01$0.75$0.76$7.24$8.7610.38%
$7.50Aug 7$0.44$0.58$1.02$6.48$8.5213.93%
$8.00Aug 7$0.25$0.79$1.04$6.96$9.0414.21%
$8.50Jul 31$0.04$1.19$1.23$7.27$9.7316.80%
$7.00Aug 21$0.98$0.36$1.34$5.66$8.3418.31%
$6.50Aug 14$1.15$0.22$1.37$5.13$7.8718.72%
$8.50Aug 7$0.12$1.28$1.40$7.10$9.9019.13%
$7.00Aug 7$0.98$0.43$1.41$5.59$8.4119.26%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 26 found (cheapest 0.41% of stock, avg 9.79%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$7.50$7.00Jul 31$0.01$0.02$0.03$6.97$7.53
$8.50$7.00Jul 31$0.04$0.02$0.06$6.94$8.56
$8.50$6.00Aug 7$0.12$0.14$0.26$5.74$8.76
$8.00$6.00Aug 7$0.25$0.14$0.39$5.61$8.39
$8.50$6.50Aug 7$0.12$0.30$0.42$6.08$8.92
$8.50$6.50Aug 14$0.30$0.22$0.52$5.98$9.02
$8.50$6.00Aug 21$0.34$0.20$0.54$5.46$9.04
$8.00$6.50Aug 7$0.25$0.30$0.55$5.95$8.55
$8.50$7.00Aug 7$0.12$0.43$0.55$6.45$9.05
$7.50$6.00Aug 7$0.44$0.14$0.58$5.42$8.08

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 6 found (best R:R 2.57, avg credit $0.37)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
6/67/8Aug 21$0.72$0.282.57$5.78$7.72
6/68/8Aug 7$0.35$0.152.33$6.15$7.85
6/78/8Aug 7$0.32$0.181.78$6.68$7.82
6/68/8Aug 7$0.29$0.211.38$6.21$8.29
7/88/8Aug 7$0.28$0.221.27$7.22$8.28
6/78/8Aug 7$0.26$0.241.08$6.74$8.26

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 7 found (best R:R 7.33, cheapest $0.06)

CALLS (3)
LowMidHighExpiryDebitMax GainR:R
$7.50$8.00$8.50Aug 7$0.06$0.447.33
$7.00$7.50$8.00Aug 7$0.35$0.150.43
$7.00$7.50$8.00Aug 14$0.45$0.050.11
PUTS (4)
LowMidHighExpiryDebitMax GainR:R
$7.00$7.50$8.00Aug 7$0.06$0.447.33
$6.50$7.00$7.50Jul 31$0.09$0.414.56
$7.50$8.00$8.50Aug 7$0.28$0.220.79
$6.50$7.00$7.50Aug 21$0.44$0.060.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 21 found (best net $-0.08, 16 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$8.001:2Aug 28-$0.08$0.92
$6.00$7.001:2Aug 21-$0.50$0.50
$7.50$8.001:2Aug 7-$0.06$0.44
$8.00$8.501:2Jul 31-$0.07$0.43
$7.00$7.501:2Aug 14-$0.11$0.39
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$7.001:2Aug 28-$0.36$0.64
$7.00$6.501:2Aug 7-$0.17$0.33
$7.50$7.001:2Aug 7-$0.28$0.22
$8.50$8.001:2Aug 7-$0.30$0.20
$8.50$8.001:2Jul 31-$0.31$0.19

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 9 found (best yield 6.28%, avg 4.05%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$7.50Aug 14$0.460.482.5%6.28%8.74%1041
$8.00Aug 28$0.430.499.3%5.87%15.16%--34
$7.50Aug 7$0.340.492.5%4.64%7.10%108144
$8.00Aug 14$0.320.419.3%4.37%13.66%5228
$8.50Aug 28$0.290.3816.1%3.96%20.08%--27
$8.50Aug 21$0.240.3116.1%3.28%19.40%1127
$8.00Aug 7$0.230.349.3%3.14%12.43%96746
$8.50Aug 14$0.190.2916.1%2.60%18.72%29199
$8.00Aug 21$0.170.389.3%2.32%11.61%1390

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 4,867
Total Puts 1,156
Put/Call Ratio 0.24
Net Difference 3,711

Prior's Put/Call Breakdown

Total Calls 3,602
Total Puts 444
Put/Call Ratio 0.12
Net Difference 3,158

Prior 7-Day Put/Call Summary

Total Calls 27,842
Total Puts 5,940
Average Put/Call Ratio 0.22
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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