Novavax (NVAX) Options Chain

NASDAQ: NVAXHealth CareBiotechnology: Biological Products (No Diagnostic Substances)USD

11.01-0.21 (-1.87%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

After hours: 10.95 -0.54%

Expiration date

Expiration: Oct 9, 2026
Days to expiration: 1
Share price: $11.01
Put/call ratio (OI): 0.31
Put/call ratio (volume): 0.10
ATM implied volatility: 72.5%
Expected move: ±$0.4176
Open interest (C / P): 17.16K / 5.38K

NVAX options summary

The NVAX options chain for the October 9, 2026 expiration lists 24 call and 27 put contracts, with 1 day until expiration. Open interest stands at 17,163 calls and 5,381 puts, a put/call ratio of 0.31, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $11.00 strike is 72.5%, which implies the market expects a move of about ±$0.4176 (3.8%) in Novavax stock by expiration.

The most open interest sits at the $12.00 call (2.63K contracts) and the $12.00 put (2.41K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

NVAX options chain · October 9, 2026

NVAX calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
74	28	2040.6%	8.05	7.60	10.00	3.00	—	—	—	—	—	—
303	34	1200.0%	7.47	7.20	7.75	3.50	0.00	2.13	1.44	2075.0%	5	1
295	16	1571.9%	6.88	6.25	7.75	4.00	0.00	2.13	1.41	1851.6%	1	1
52	113	837.5%	6.55	4.80	8.50	4.50	0.00	2.13	11.95	1665.6%	—	0
—	—	—	—	—	—	5.00	0.00	2.13	0.21	1503.9%	2	2
38	12	776.6%	5.68	4.00	7.50	5.50	0.00	2.13	0.50	1362.5%	1	4
19	22	540.6%	5.18	3.20	7.00	6.00	0.00	2.13	1.44	1235.2%	4	1
—	—	—	—	—	—	6.50	0.00	2.13	1.46	1120.3%	1	1
—	—	—	—	—	—	7.00	0.00	0.03	11.85	300.0%	—	0
—	—	—	—	—	—	7.50	0.00	0.70	0.01	556.3%	16	34
12	6	1196.1%	2.81	0.92	4.95	8.00	0.00	0.15	11.70	304.7%	30	22
6	2	664.8%	2.39	1.56	3.40	8.50	0.00	0.70	0.01	425.0%	12	25
7	5	241.4%	1.96	0.15	4.10	9.00	0.00	0.25	0.03	247.7%	34	322
22	2	412.5%	1.45	0.68	3.60	9.50	0.00	0.01	0.01	93.8%	2	341
223	315	257.0%	1.00	0.58	1.40	10.00	0.00	0.01	0.01	65.6%	34	659
351	43	101.6%	0.50	0.40	0.88	10.50	0.02	0.08	0.05	68.0%	74	556
1,900	388	69.5%	0.26	0.16	0.30	11.00	0.15	0.33	0.25	75.4%	27	450
NVAX $11.01
1,516	328	74.2%	0.09	0.04	0.11	11.50	0.46	0.74	0.64	87.5%	9	204
2,630	839	82.8%	0.03	0.01	0.04	12.00	0.45	1.35	1.02	222.3%	33	2,412
937	69	115.6%	0.03	0.01	0.05	12.50	1.18	1.70	1.57	209.4%	4	180
1,818	359	131.3%	0.03	0.01	0.03	13.00	1.72	2.28	2.02	115.6%	4	147
1,323	66	193.0%	0.01	0.00	0.12	13.50	1.73	3.40	1.58	203.9%	2	2
2,026	96	143.8%	0.01	0.00	0.01	14.00	2.60	3.90	3.19	330.5%	2	6
260	13	221.9%	0.03	0.00	0.08	14.50	—	—	—	—	—	—
2,190	155	206.3%	0.02	0.00	0.03	15.00	—	—	—	—	—	—
—	—	—	—	—	—	15.50	3.55	5.50	4.30	256.3%	1	2
—	—	—	—	—	—	16.00	3.00	7.10	5.47	304.7%	3	3
39	2	610.2%	0.05	0.00	1.09	17.00	4.00	8.10	5.99	340.6%	2	2
180	87	262.5%	0.02	0.00	0.01	18.00	5.00	9.10	6.90	375.0%	2	3
942	2	287.5%	0.01	0.00	0.01	19.00	6.00	10.10	7.97	406.3%	2	1

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the NVAX put/call ratio?

For the October 9, 2026 expiration, the NVAX put/call ratio based on open interest is 0.31 (5,381 puts vs 17,163 calls), and 0.10 based on today's volume. A ratio above 1 means more puts than calls.

What is NVAX's implied volatility?

At-the-money implied volatility for NVAX options expiring October 9, 2026 is about 72.5%, an annualized estimate of how much the market expects Novavax stock to move.

How many NVAX option expiration dates are there?

NVAX has 12 listed expiration dates, from Oct 9, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.