Tour v494
NVAX
NOVAVAX INC
$7.94 +2.58%
8/7 15:18

Option Volume

Detail
Current (08/07) 4,514
Calls: 3,300 (73%)
Puts: 1,214 (27%)
Prior (08/06) 6,131
Calls: 5,392 (88%)
Puts: 739 (12%)
Current vs Prior -26.37%
Calls: -38.80% (Calls)
Puts: +64.28% (Puts)
Prior 7-Day Total 39,972
Calls: 35,160 (88%)
Puts: 4,812 (12%)
Prior 7-Day Average 5,710
Calls: 5,022 (88%)
Puts: 687 (12%)
Current vs Prior 7-Day Avg -20.95%
Calls: -34.30%
Puts: +76.60%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/07) $360.9K
Calls: $210.5K (58%)
Puts: $150.4K (42%)
Prior (08/06) $160.7K
Calls: $131.4K (82%)
Puts: $29.3K (18%)
Current vs Prior +124.61%
Calls: +60.14%
Puts: +414.20%
Prior 7-Day Total $2.36M
Calls: $2.11M (90%)
Puts: $246.3K (10%)
Prior 7-Day Average $337.2K
Calls: $302.0K (90%)
Puts: $35.2K (10%)
Current vs Prior 7-Day Avg +7.03%
Calls: -30.31%
Puts: +327.50%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/07) 0.37
Prior (08/06) 0.14
Current vs Prior +168.42%
Prior 7-Day Average 0.16
Current vs Prior 7-Day Avg +123.82%
Sentiment BULLISH

Open Interest

Detail
Current (08/07) 209,103
Calls: 138,069 (66%)
Puts: 71,034 (34%)
Prior (08/06) 207,628
Calls: 136,781 (66%)
Puts: 70,847 (34%)
Current vs Prior +0.71%
Prior 7-Day Total 939,574
Calls: 683,038 (73%)
Puts: 256,536 (27%)
Prior 7-Day Average 134,224
Calls: 97,576 (73%)
Puts: 36,648 (27%)
Current vs Prior 7-Day Avg +55.79%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 1.13% | 6.17%10.45% | 20.65%
Prior 4.26% | 8.14%10.47% | 18.86%
Current vs Prior -73.41% | -24.18%-0.11% | +9.50%
Prior 7-Day Avg 10.03% | 15.47%15.96% | 21.87%
Current vs 7-Day Avg -88.70% | -60.10%-34.50% | -5.57%
Prior 7-Day Eod 4.26% | 8.14%10.47% | 18.86%
Current vs 7-Day Eod -73.41% | -24.18%-0.11% | +9.50%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 61.11% | 55.72%
Calls: 33.33% | 65.00%
Puts: 88.89% | 46.43%
Prior 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Current vs Prior -13.59% | +21.00%
Prior 7-Day Avg 49.98% | 30.85%
Calls: 42.90% | 23.17%
Puts: 57.06% | 38.55%
Current vs 7-Day Avg +22.27% | +80.60%
Liquidity Expensive
+
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🤖 AI Insights

Massive premium surge with dollar volume up 125% vs prior. Extreme bullish P/C ratio of 0.37 - heavy call buying (3,300 calls vs 1,214 puts). P/C ratio rising 168% - increased hedging/bearish positioning. Call-heavy open interest (138,069 calls vs 71,034 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 $0.74, cheapest $0.74)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Sep 180.680.80$0.7416.2%240.511.4K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 26 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Aug 141.331.55$1.4415.3%81.008
$6.50Aug 71.381.63$1.5116.6%20.991
$7.00Aug 70.761.22$0.9946.5%30.981.6K
$6.50Aug 211.011.70$1.3650.7%10.97--
$7.50Aug 70.390.55$0.4734.0%950.96403
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Aug 70.301.20$0.75120.0%801.0093
$9.00Aug 140.921.50$1.2147.9%60.8913
$9.50Aug 141.352.06$1.7141.5%--0.8824
$8.00Aug 70.020.10$0.06133.3%790.86256
$9.00Aug 210.991.28$1.1425.4%60.82293

Most actively traded options today. High liquidity = easy entry/exit. 57 active (total vol 2.4K, top 939)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 70.020.03$0.0333.3%9390.373.3K
$9.00Aug 140.030.05$0.0450.0%1600.11237
$8.00Aug 140.140.27$0.2161.9%1130.47302
$7.50Aug 70.390.55$0.4734.0%950.96403
$8.50Aug 140.060.15$0.1181.8%760.25433
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.360.50$0.4332.6%1060.494.0K
$8.50Aug 70.301.20$0.75120.0%801.0093
$8.50Sep 40.621.54$1.0885.2%800.58--
$8.00Aug 70.020.10$0.06133.3%790.86256
$8.00Aug 280.470.67$0.5735.1%600.4914

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 679.0%, max 1470.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Aug 7Aug 21952.8%60.7%1470.4%31
$7.00Aug 7Sep 18646.2%60.5%968.0%61.7K
$9.50Aug 7Aug 28820.3%87.7%835.9%21198
$9.00Aug 7Sep 18604.4%80.2%653.7%39519
$7.50Aug 7Sep 11342.8%60.3%468.7%107404
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Aug 7Aug 21952.8%60.7%1470.4%35363
$7.00Aug 7Sep 18646.2%60.5%968.0%541.8K
$7.50Aug 7Sep 11342.8%60.3%468.7%14108
$8.50Aug 7Sep 4360.8%87.0%314.7%16093
$8.00Aug 7Sep 18122.1%77.6%57.3%80384

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 16 found (best R:R 2.85, avg 1.26)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.50$9.00Aug 21$0.13$0.37$0.132.85$8.63
$8.00$9.00Sep 18$0.30$0.70$0.302.33$8.30
$8.00$8.50Aug 21$0.16$0.34$0.162.12$8.16
$7.50$8.00Sep 11$0.21$0.29$0.211.38$7.71
$7.50$8.00Aug 28$0.25$0.25$0.251.00$7.75
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.50$7.00Aug 28$0.16$0.34$0.162.13$7.34
$8.00$7.50Aug 14$0.21$0.29$0.211.38$7.79
$8.00$7.50Aug 21$0.25$0.25$0.251.00$7.75
$8.50$7.00Sep 4$0.81$0.69$0.810.85$7.69
$8.00$7.50Aug 28$0.28$0.22$0.280.79$7.72

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 22 found (best R:R 6.14, avg 1.64)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.50$8.00Sep 4$0.38$0.38$0.123.17$7.88
$7.00$7.50Aug 28$0.37$0.37$0.132.85$7.37
$8.50$9.00Aug 28$0.36$0.36$0.142.57$8.86
$7.50$8.00Aug 14$0.33$0.33$0.171.94$7.83
$7.50$8.00Aug 21$0.29$0.29$0.211.38$7.79
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$9.00$8.00Aug 28$0.86$0.86$0.146.14$8.14
$8.00$7.50Sep 11$0.37$0.37$0.132.85$7.63
$9.00$8.00Aug 21$0.71$0.71$0.292.45$8.29
$8.00$7.00Sep 18$0.62$0.62$0.381.63$7.38
$8.00$7.50Aug 28$0.28$0.28$0.221.27$7.72

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $0.15, cheapest $0.06)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.50Aug 7Aug 14$0.06820.3%105.3%
$7.50Aug 7Aug 14$0.07342.8%59.2%
$8.50Aug 7Aug 14$0.10360.8%68.6%
$8.00Aug 7Aug 14$0.18122.1%60.4%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.50Aug 7Aug 14$0.06342.8%59.2%
$8.00Aug 7Aug 14$0.22122.1%60.4%
$8.50Aug 7Sep 4$0.33360.8%87.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 25 found (cheapest 1.13% of stock, avg 14.40%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.00Aug 7$0.03$0.06$0.09$7.91$8.091.13%
$7.50Aug 7$0.47$0.01$0.48$7.02$7.986.05%
$8.00Aug 14$0.21$0.28$0.49$7.51$8.496.17%
$7.50Aug 14$0.54$0.07$0.61$6.89$8.117.68%
$8.50Aug 7$0.01$0.75$0.76$7.74$9.269.57%
$8.00Aug 21$0.40$0.43$0.83$7.17$8.8310.45%
$7.50Aug 21$0.69$0.18$0.87$6.63$8.3710.96%
$7.00Aug 7$0.99$0.01$1.00$6.00$8.0012.59%
$7.00Aug 14$1.00$0.02$1.02$5.98$8.0212.85%
$7.50Aug 28$0.74$0.29$1.03$6.47$8.5312.97%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 33 found (cheapest 0.76% of stock, avg 6.53%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$9.00$7.00Aug 14$0.04$0.02$0.06$6.94$9.06
$9.50$7.00Aug 14$0.07$0.02$0.09$6.91$9.59
$9.00$7.50Aug 14$0.04$0.07$0.11$7.39$9.11
$8.50$7.00Aug 14$0.11$0.02$0.13$6.87$8.63
$9.50$7.50Aug 14$0.07$0.07$0.14$7.36$9.64
$8.50$7.50Aug 14$0.11$0.07$0.18$7.32$8.68
$9.50$7.00Aug 21$0.06$0.12$0.18$6.82$9.68
$8.00$7.00Aug 14$0.21$0.02$0.23$6.77$8.23
$9.00$7.00Aug 21$0.11$0.12$0.23$6.77$9.23
$9.50$7.50Aug 21$0.06$0.18$0.24$7.26$9.74

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 1 found (best R:R 3.17, avg credit $0.38)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
8/88/9Aug 21$0.38$0.123.17$7.62$8.88

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 16 found (best R:R 5.25, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$7.00$7.50$8.00Aug 7$0.08$0.425.25
$8.50$9.00$9.50Aug 21$0.08$0.425.25
$8.50$9.00$9.50Aug 14$0.10$0.404.00
$7.00$7.50$8.00Aug 21$0.11$0.393.55
$7.00$7.50$8.00Aug 28$0.12$0.383.17
PUTS (3)
LowMidHighExpiryDebitMax GainR:R
$7.00$7.50$8.00Aug 28$0.12$0.383.17
$7.00$7.50$8.00Aug 14$0.16$0.342.12
$7.00$7.50$8.00Aug 21$0.19$0.311.63

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 27 found (best net $-0.14, 15 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$9.001:2Sep 18-$0.14$0.86
$7.00$8.001:2Sep 18-$0.17$0.83
$7.00$7.501:2Aug 14-$0.08$0.42
$8.00$8.501:2Aug 21-$0.08$0.42
$7.50$8.001:2Sep 4-$0.09$0.41
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.50$7.001:2Aug 21-$0.06$0.44
$8.50$7.001:2Sep 4$0.54$0.96
$9.00$8.001:2Aug 21$0.28$0.72
$9.00$8.001:2Aug 28$0.29$0.71
$8.00$7.001:2Sep 18$0.34$0.66

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 14 found (best yield 8.56%, avg 3.73%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.00Sep 18$0.680.510.8%8.56%9.32%241.4K
$8.00Sep 11$0.580.540.8%7.30%8.06%98
$8.00Aug 28$0.430.500.8%5.42%6.17%32185
$8.00Aug 21$0.350.520.8%4.41%5.16%51717
$9.00Sep 18$0.350.3513.3%4.41%17.76%1068
$8.50Sep 11$0.320.427.0%4.03%11.08%5--
$8.50Sep 4$0.280.417.0%3.53%10.58%158
$8.50Aug 28$0.260.457.0%3.27%10.33%535
$8.00Sep 4$0.220.480.8%2.77%3.53%--44
$8.50Aug 21$0.180.347.0%2.27%9.32%27291

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 3,300
Total Puts 1,214
Put/Call Ratio 0.37
Net Difference 2,086

Prior's Put/Call Breakdown

Total Calls 5,392
Total Puts 739
Put/Call Ratio 0.14
Net Difference 4,653

Prior 7-Day Put/Call Summary

Total Calls 35,160
Total Puts 4,812
Average Put/Call Ratio 0.16
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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