Tour v504
NVAX
NOVAVAX INC
$7.95 +0.76%
$7.96 (+0.13%)🌙
as of 08/11 06:10 PM
8/11 18:10

Option Volume

Detail
Current (08/11) 4,731
Calls: 3,685 (78%)
Puts: 1,046 (22%)
Prior (08/10) 5,247
Calls: 3,654 (70%)
Puts: 1,593 (30%)
Current vs Prior -9.83%
Calls: +0.85% (Calls)
Puts: -34.34% (Puts)
Prior 7-Day Total 42,652
Calls: 36,195 (85%)
Puts: 6,457 (15%)
Prior 7-Day Average 6,093
Calls: 5,170 (85%)
Puts: 922 (15%)
Current vs Prior 7-Day Avg -22.36%
Calls: -28.73%
Puts: +13.40%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/11) $262.8K
Calls: $126.6K (48%)
Puts: $136.1K (52%)
Prior (08/10) $306.7K
Calls: $141.8K (46%)
Puts: $164.9K (54%)
Current vs Prior -14.34%
Calls: -10.73%
Puts: -17.45%
Prior 7-Day Total $2.66M
Calls: $2.15M (81%)
Puts: $501.3K (19%)
Prior 7-Day Average $379.3K
Calls: $307.7K (81%)
Puts: $71.6K (19%)
Current vs Prior 7-Day Avg -30.74%
Calls: -58.86%
Puts: +90.12%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/11) 0.28
Prior (08/10) 0.44
Current vs Prior -34.89%
Prior 7-Day Average 0.22
Current vs Prior 7-Day Avg +31.14%
Sentiment BULLISH

Open Interest

Detail
Current (08/11) 111,274
Calls: 81,581 (73%)
Puts: 29,693 (27%)
Prior (08/10) 200,971
Calls: 131,204 (65%)
Puts: 69,767 (35%)
Current vs Prior -44.63%
Prior 7-Day Total 1,162,881
Calls: 796,200 (68%)
Puts: 366,681 (32%)
Prior 7-Day Average 166,125
Calls: 113,742 (68%)
Puts: 52,383 (32%)
Current vs Prior 7-Day Avg -33.02%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 5.16% | 6.04%6.04% | 17.11%
Prior 4.44% | 7.98%7.98% | 17.36%
Current vs Prior +16.26% | -24.38%-24.39% | -1.48%
Prior 7-Day Avg 9.59% | 13.01%13.17% | 20.79%
Current vs 7-Day Avg -46.22% | -53.60%-54.15% | -17.71%
Prior 7-Day Eod 4.44% | 7.98%7.98% | 17.36%
Current vs 7-Day Eod +16.26% | -24.38%-24.39% | -1.48%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Prior 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 55.60% | 36.44%
Calls: 50.74% | 30.12%
Puts: 60.45% | 42.78%
Current vs 7-Day Avg +27.20% | +26.36%
Liquidity Expensive
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🤖 AI Insights

Extreme bullish P/C ratio of 0.28 - heavy call buying (3,685 calls vs 1,046 puts). P/C ratio dropping 35% - sentiment shifting bullish. Call-heavy open interest (81,581 calls vs 29,693 puts) suggests bullish positioning. Declining open interest (down 45%) indicates positions being closed.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
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. -- found (avg $--, cheapest $--)

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 14 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 140.003.05$1.53199.3%41.009
$7.50Aug 140.450.76$0.6150.8%400.896.1K
$7.50Aug 280.531.05$0.7965.8%1840.7737
$7.50Aug 210.161.05$0.61145.9%1440.7778
$7.00Sep 181.001.58$1.2945.0%30.76--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Aug 140.932.23$1.5882.3%30.91--
$9.00Aug 210.781.29$1.0449.0%60.87--
$8.50Aug 210.420.97$0.7078.6%20.75--
$9.00Sep 181.151.75$1.4541.4%60.69--
$8.00Aug 140.040.50$0.27170.4%300.5933

Most actively traded options today. High liquidity = easy entry/exit. 39 active (total vol 2.8K, top 1.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 140.100.18$0.1457.1%1.0K0.42481
$8.50Aug 140.020.04$0.0366.7%4250.12865
$8.00Aug 280.120.74$0.43144.2%2130.49216
$7.50Aug 280.531.05$0.7965.8%1840.7737
$8.50Aug 210.070.14$0.1163.6%1620.24314
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Aug 140.000.02$0.01200.0%1020.03425
$7.00Aug 140.000.04$0.02200.0%650.0752
$7.00Aug 210.000.06$0.03200.0%550.09575
$8.00Aug 140.040.50$0.27170.4%300.5933
$7.50Aug 210.000.20$0.10200.0%210.24365

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 3 strikes (avg 17.5%, max 26.2%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Aug 14Sep 2569.2%54.8%26.2%1.0K481
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Aug 14Sep 1169.2%54.8%26.2%3333
$7.50Aug 14Sep 469.3%69.3%0.0%14123

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 9 found (best R:R 0.56, avg 1.82)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$7.00$8.00Sep 18$0.64$0.36$0.6476%0.56$7.64
$8.50$9.00Sep 11$0.14$0.36$0.1441%2.57$8.64
$8.00$9.00Sep 18$0.36$0.64$0.3652%1.78$8.36
$8.00$8.50Aug 14$0.11$0.39$0.1142%3.55$8.11
$8.00$8.50Aug 28$0.22$0.28$0.2249%1.27$8.22
BEAR PUT (4)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$7.50$7.00Sep 4$0.13$0.37$0.1334%2.85$7.37
$8.00$7.50Aug 21$0.18$0.32$0.1854%1.78$7.82
$8.00$7.50Aug 14$0.21$0.29$0.2159%1.38$7.79
$9.00$7.00Sep 18$1.20$0.80$1.2069%0.67$7.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 5 found (best R:R 0.79, avg 0.47)

BEAR CALL (4)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.00$8.50Aug 28$0.22$0.22$0.2851%0.79$8.22
$8.00$8.50Aug 14$0.11$0.11$0.3958%0.28$8.11
$8.00$9.00Sep 18$0.36$0.36$0.6448%0.56$8.36
$8.50$9.00Sep 11$0.14$0.14$0.3659%0.39$8.64
BULL PUT (1)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$7.50$7.00Sep 4$0.13$0.13$0.3766%0.35$7.37

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $0.06, cheapest $0.06)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Aug 14Aug 21$0.0669.2%46.0%
PUTS (0)
No puts found

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 7 found (cheapest 5.16% of stock, avg 8.70%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.00Aug 14$0.14$0.27$0.41$7.59$8.415.16%
$8.00Aug 21$0.20$0.28$0.48$7.52$8.486.04%
$7.50Aug 14$0.61$0.06$0.67$6.83$8.178.43%
$7.50Aug 21$0.61$0.10$0.71$6.79$8.218.93%
$8.00Aug 28$0.43$0.34$0.77$7.23$8.779.69%
$8.50Aug 21$0.11$0.70$0.81$7.69$9.3110.19%
$8.00Sep 11$0.44$0.55$0.99$7.01$8.9912.45%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 18 found (cheapest 0.50% of stock, avg 3.27%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$9.00$7.00Aug 14$0.02$0.02$0.04$6.96$9.04
$8.50$7.00Aug 14$0.03$0.02$0.05$6.95$8.55
$9.50$7.00Aug 21$0.03$0.03$0.06$6.94$9.56
$9.00$7.00Aug 21$0.05$0.03$0.08$6.92$9.08
$9.00$7.50Aug 14$0.02$0.06$0.08$7.42$9.08
$8.50$7.50Aug 14$0.03$0.06$0.09$7.41$8.59
$9.50$7.50Aug 21$0.03$0.10$0.13$7.37$9.63
$8.50$7.00Aug 21$0.11$0.03$0.14$6.86$8.64
$9.00$7.50Aug 21$0.05$0.10$0.15$7.35$9.15
$8.50$7.50Aug 21$0.11$0.10$0.21$7.29$8.71

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

No iron condor setups found

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 10 found (best R:R 3.55, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.00$8.00$9.00Sep 18$0.28$0.7246%2.57
$8.00$8.50$9.00Aug 14$0.10$0.4036%4.00
$7.50$8.00$8.50Aug 28$0.14$0.3646%2.57
$7.50$8.00$8.50Aug 14$0.36$0.1476%0.39
$7.50$8.00$8.50Aug 21$0.32$0.1852%0.56
PUTS (4)
LowMidHighExpiryDebitMax GainPOPR:R
$7.00$7.50$8.00Aug 21$0.11$0.3946%3.55
$6.50$7.00$7.50Aug 21$0.05$0.4522%9.00
$7.00$7.50$8.00Aug 14$0.17$0.3352%1.94
$7.50$8.00$8.50Aug 21$0.24$0.2651%1.08

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 15 found (best net $-0.07, 5 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.50$8.001:2Aug 28-$0.07$0.43
$8.50$9.001:2Sep 11-$0.19$0.31
$8.00$8.501:2Sep 11-$0.50$0.00
$8.00$9.001:2Sep 18$0.07$0.93
$7.00$7.501:2Aug 14$0.31$0.19
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$8.501:2Aug 21-$0.36$0.14
$7.50$7.001:2Sep 4-$0.10$0.40
$9.50$8.001:2Aug 14$1.04$0.46
$8.50$8.001:2Aug 21$0.14$0.36
$8.00$7.501:2Aug 21$0.08$0.42

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 8 found (best yield 2.77%, avg 2.12%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Sep 18$0.220.3013.2%2.77%15.97%4--
$9.00Sep 11$0.090.3213.2%1.13%14.34%416
$8.00Sep 18$0.400.520.6%5.03%5.66%31.3K
$8.50Aug 28$0.160.316.9%2.01%8.93%2379
$8.00Sep 11$0.190.490.6%2.39%3.02%713
$8.50Aug 21$0.070.246.9%0.88%7.80%162314
$8.00Aug 28$0.120.490.6%1.51%2.14%213216
$8.00Aug 14$0.100.420.6%1.26%1.89%1.0K481

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 3,685
Total Puts 1,046
Put/Call Ratio 0.28
Net Difference 2,639

Prior's Put/Call Breakdown

Total Calls 3,654
Total Puts 1,593
Put/Call Ratio 0.44
Net Difference 2,061

Prior 7-Day Put/Call Summary

Total Calls 36,195
Total Puts 6,457
Average Put/Call Ratio 0.22
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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