Tour v505
NVAX
NOVAVAX INC
$7.96 +0.13%
8/12 18:09

Option Volume

Detail
Current (08/12) 4,153
Calls: 2,589 (62%)
Puts: 1,564 (38%)
Prior (08/11) 4,731
Calls: 3,685 (78%)
Puts: 1,046 (22%)
Current vs Prior -12.22%
Calls: -29.74% (Calls)
Puts: +49.52% (Puts)
Prior 7-Day Total 41,360
Calls: 35,013 (85%)
Puts: 6,347 (15%)
Prior 7-Day Average 5,908
Calls: 5,001 (85%)
Puts: 906 (15%)
Current vs Prior 7-Day Avg -29.71%
Calls: -48.24%
Puts: +72.49%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/12) $174.7K
Calls: $141.5K (81%)
Puts: $33.2K (19%)
Prior (08/11) $262.8K
Calls: $126.6K (48%)
Puts: $136.1K (52%)
Current vs Prior -33.50%
Calls: +11.76%
Puts: -75.58%
Prior 7-Day Total $2.38M
Calls: $1.79M (75%)
Puts: $593.8K (25%)
Prior 7-Day Average $340.6K
Calls: $255.8K (75%)
Puts: $84.8K (25%)
Current vs Prior 7-Day Avg -48.70%
Calls: -44.68%
Puts: -60.81%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/12) 0.60
Prior (08/11) 0.28
Current vs Prior +112.82%
Prior 7-Day Average 0.22
Current vs Prior 7-Day Avg +170.76%
Sentiment BULLISH

Open Interest

Detail
Current (08/12) 205,216
Calls: 134,178 (65%)
Puts: 71,038 (35%)
Prior (08/11) 111,274
Calls: 81,581 (73%)
Puts: 29,693 (27%)
Current vs Prior +84.42%
Prior 7-Day Total 1,069,999
Calls: 750,364 (70%)
Puts: 319,635 (30%)
Prior 7-Day Average 152,857
Calls: 107,194 (70%)
Puts: 45,662 (30%)
Current vs Prior 7-Day Avg +34.25%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 4.52% | 5.03%5.03% | 14.57%
Prior 5.16% | 6.04%6.04% | 17.11%
Current vs Prior -12.31% | -16.77%-16.77% | -14.81%
Prior 7-Day Avg 8.34% | 10.97%11.47% | 19.90%
Current vs 7-Day Avg -45.75% | -54.17%-56.21% | -26.76%
Prior 7-Day Eod 5.16% | 6.04%6.04% | 17.11%
Current vs 7-Day Eod -12.31% | -16.77%-16.77% | -14.81%
Sentiment BULLISHBULLISH

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 58.40% | 39.24%
Calls: 54.66% | 33.59%
Puts: 62.14% | 44.90%
Current vs 7-Day Avg +21.09% | +17.35%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 81% of dollar volume in calls ($141.5K) vs puts ($33.2K). Bullish P/C ratio of 0.60. P/C ratio rising 113% - increased hedging/bearish positioning. Call-heavy open interest (134,178 calls vs 71,038 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 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. 24 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 140.003.05$1.53199.3%--1.0012
$6.50Aug 211.091.83$1.4650.7%11.001
$7.00Aug 210.561.57$1.0794.4%--0.9569
$7.00Aug 280.693.05$1.87126.2%--0.9112
$7.50Aug 280.390.75$0.5763.2%1320.8066
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 140.693.25$1.97129.9%--0.9417
$9.50Aug 140.153.75$1.95184.6%--0.9116
$8.50Aug 140.001.18$0.59200.0%20.8928
$9.00Aug 210.961.70$1.3355.6%--0.85293
$8.50Aug 210.610.84$0.7331.5%--0.7542

Most actively traded options today. High liquidity = easy entry/exit. 34 active (total vol 2.3K, top 328)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.020.30$0.16175.0%3280.45864
$8.50Aug 140.010.03$0.02100.0%3180.09916
$7.50Aug 210.370.78$0.5771.9%2830.7699
$8.00Sep 180.400.70$0.5554.5%2250.511.3K
$9.00Aug 210.020.11$0.07128.6%2090.14340
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 280.350.44$0.4022.5%2050.4574
$8.00Aug 210.130.35$0.2491.7%770.554.4K
$7.50Aug 140.020.24$0.13169.2%430.29136
$6.50Aug 210.000.03$0.02150.0%250.04199
$6.50Aug 140.000.01$0.01100.0%230.02383

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 53.5%, max 73.1%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.50Aug 14Sep 11117.6%67.9%73.1%496.1K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.50Aug 14Sep 11117.6%67.9%73.1%53138
$8.00Aug 14Sep 1867.1%58.7%14.3%3173

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 12 found (best R:R 3.05, avg 1.70)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$7.00$8.00Sep 18$0.64$0.36$0.6476%0.56$7.64
$7.50$8.00Sep 11$0.27$0.23$0.2765%0.85$7.77
$8.00$9.00Sep 18$0.33$0.67$0.3351%2.03$8.33
$8.00$8.50Aug 28$0.31$0.19$0.3158%0.61$8.31
$8.50$9.00Sep 4$0.22$0.28$0.2242%1.27$8.72
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.50$7.00Sep 4$0.37$1.13$0.3760%3.05$8.13
$8.50$8.00Aug 14$0.32$0.18$0.3289%0.56$8.18
$8.00$7.50Aug 14$0.14$0.36$0.1466%2.57$7.86
$8.00$7.50Aug 21$0.12$0.38$0.1255%3.17$7.88
$8.00$7.00Sep 18$0.36$0.64$0.3648%1.78$7.64

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 4 found (best R:R 0.32, avg 0.81)

BEAR CALL (3)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.50$9.00Sep 4$0.22$0.22$0.2858%0.79$8.72
$8.00$8.50Aug 28$0.31$0.31$0.1942%1.63$8.31
$8.00$9.00Sep 18$0.33$0.33$0.6749%0.49$8.33
BULL PUT (1)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$7.50$7.00Aug 14$0.12$0.12$0.3871%0.32$7.38

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $0.07, cheapest $0.07)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Aug 14Aug 21$0.0767.1%40.2%
PUTS (0)
No puts found

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 11 found (cheapest 4.52% of stock, avg 10.04%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.00Aug 14$0.09$0.27$0.36$7.64$8.364.52%
$8.00Aug 21$0.16$0.24$0.40$7.60$8.405.03%
$8.50Aug 14$0.02$0.59$0.61$7.89$9.117.66%
$7.50Aug 14$0.54$0.13$0.67$6.83$8.178.42%
$7.50Aug 21$0.57$0.12$0.69$6.81$8.198.67%
$7.50Aug 28$0.57$0.12$0.69$6.81$8.198.67%
$8.50Aug 21$0.11$0.73$0.84$7.66$9.3410.55%
$8.00Aug 28$0.53$0.40$0.93$7.07$8.9311.68%
$8.00Sep 18$0.55$0.61$1.16$6.84$9.1614.57%
$7.50Sep 11$0.80$0.41$1.21$6.29$8.7115.20%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 28 found (cheapest 0.75% of stock, avg 5.24%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$9.50$7.00Aug 21$0.03$0.03$0.06$6.94$9.56
$9.00$7.00Aug 21$0.07$0.03$0.10$6.90$9.10
$8.50$7.00Aug 21$0.11$0.03$0.14$6.86$8.64
$9.50$7.50Aug 21$0.03$0.12$0.15$7.35$9.65
$8.50$7.50Aug 14$0.02$0.13$0.15$7.35$8.65
$9.00$7.50Aug 21$0.07$0.12$0.19$7.31$9.19
$9.50$7.50Aug 14$0.04$0.13$0.17$7.33$9.67
$8.50$7.50Aug 21$0.11$0.12$0.23$7.27$8.73
$8.00$7.50Aug 14$0.09$0.13$0.22$7.28$8.22
$8.00$7.00Aug 21$0.16$0.03$0.19$6.81$8.19

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. 15 found (best R:R 4.56, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.00$7.50$8.00Aug 21$0.09$0.4150%4.56
$8.00$8.50$9.00Aug 14$0.06$0.4434%7.33
$7.00$8.00$9.00Sep 18$0.31$0.6950%2.23
$7.50$8.00$8.50Aug 14$0.38$0.1270%0.32
$7.50$8.00$8.50Sep 4$0.25$0.2534%1.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.50$8.00$8.50Aug 14$0.18$0.3260%1.78
$6.50$7.00$7.50Aug 21$0.08$0.4222%5.25
$8.00$8.50$9.00Aug 21$0.11$0.3930%3.55
$6.50$7.00$7.50Aug 14$0.12$0.3827%3.17
$7.00$7.50$8.00Aug 28$0.22$0.2834%1.27

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 26 found (best net $-0.11, 13 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$7.501:2Aug 21-$0.07$0.43
$7.00$7.501:2Sep 4-$0.07$0.43
$7.50$8.001:2Sep 4-$0.13$0.37
$8.00$8.501:2Aug 21-$0.06$0.44
$7.50$8.001:2Sep 11-$0.26$0.24
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.50$7.001:2Sep 4-$0.11$1.39
$9.00$8.501:2Aug 21-$0.13$0.37
$7.00$6.501:2Sep 4-$0.48$0.02
$8.00$7.001:2Sep 18$0.11$0.89
$8.50$8.001:2Aug 21$0.25$0.25

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 12 found (best yield 8.04%, avg 2.78%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.00Sep 25$0.640.600.5%8.04%8.54%210
$8.00Sep 11$0.440.510.5%5.53%6.03%--17
$8.00Sep 18$0.400.510.5%5.03%5.53%2251.3K
$8.50Sep 11$0.160.456.8%2.01%8.79%--15
$9.00Aug 28$0.090.3013.1%1.13%14.20%--153
$9.00Sep 4$0.110.2513.1%1.38%14.45%--43
$9.00Sep 18$0.060.2713.1%0.75%13.82%1967
$8.50Aug 28$0.130.376.8%1.63%8.42%886
$8.00Aug 28$0.290.580.5%3.64%4.15%134266
$8.50Aug 21$0.090.246.8%1.13%7.91%57402

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 2,589
Total Puts 1,564
Put/Call Ratio 0.60
Net Difference 1,025

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 35,013
Total Puts 6,347
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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