NOVARTIS AG (NVS) Options Volume

5,147 NOVARTIS AG (NVS) option contracts changed hands in the latest session, at a put/call volume ratio of 0.60. This page tracks how actively NVS options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$158.01
52-week range
$121.76 – $169.17
ATM IV (30d)
34.3%
IV rank
51 / 100
Moderate
Expected move
±$14.19 (±9.0%)
Put/call OI
2.74
Put-heavy
Max pain
$160
↑ 1.3% above close

Options Volume & Premium Flow

Total options volume5,147
Call volume3,222
Put volume1,925
Put/call volume ratio0.60
Listed contracts532
Call premium traded$1.2M
Put premium traded$696.51K
Premium put/call ratio0.58
Open interest rank (31 day)95 / 100
Skew rank (31 day)21 / 100

NVS Options Volume Trend

0102.9K205.8K308.7K411.6KFeb '26May '26Aug '26

NVS total options volume per session, past year.

0.0012.4224.8437.2649.68Feb '26May '26Aug '26

NVS put/call volume ratio, past year.

NVS Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
NVS $160 call Sep 18, 2026 $4.52 34.3% 1,107 959 11.1× avg
NVS $165 call Sep 18, 2026 $2.70 0.0% 2,180 948 3.3× avg
NVS $150 put Sep 18, 2026 $2.15 31.2% 8,893 925 4.7× avg
NVS $155 put Sep 18, 2026 $3.90 13.3% 3,623 592 4.9× avg

With a put/call volume ratio of 0.60, today's trading is tilted toward calls. Measured in dollars rather than contracts, $1.2M of call premium and $696.51K of put premium changed hands — the larger premium flow is on the call side. 4 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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NVS Options FAQ

How many NVS options traded today?

5,147 NVS option contracts traded as of Aug 24, 2026 — 3,222 calls and 1,925 puts.

Is there unusual options activity in NVS today?

Yes — 4 contracts are trading at least three times their 30-day average volume as of Aug 24, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.