Tour v526
NVAX
NOVAVAX INC
$8.42 -4.21%
$8.39 (-0.36%)🌙
as of 08/20 06:04 PM
8/20 18:04

Option Volume

Detail
Current (08/20) 12,566
Calls: 10,146 (81%)
Puts: 2,420 (19%)
Prior (08/19) 46,187
Calls: 42,789 (93%)
Puts: 3,398 (7%)
Current vs Prior -72.79%
Calls: -76.29% (Calls)
Puts: -28.78% (Puts)
Prior 7-Day Total 74,604
Calls: 63,097 (85%)
Puts: 11,507 (15%)
Prior 7-Day Average 10,657
Calls: 9,013 (85%)
Puts: 1,643 (15%)
Current vs Prior 7-Day Avg +17.91%
Calls: +12.56%
Puts: +47.21%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/20) $511.1K
Calls: $419.9K (82%)
Puts: $91.1K (18%)
Prior (08/19) $2.01M
Calls: $1.96M (97%)
Puts: $53.8K (3%)
Current vs Prior -74.61%
Calls: -78.57%
Puts: +69.46%
Prior 7-Day Total $3.39M
Calls: $2.93M (86%)
Puts: $458.2K (14%)
Prior 7-Day Average $483.6K
Calls: $418.1K (86%)
Puts: $65.5K (14%)
Current vs Prior 7-Day Avg +5.69%
Calls: +0.43%
Puts: +39.25%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/20) 0.24
Prior (08/19) 0.08
Current vs Prior +200.35%
Prior 7-Day Average 0.37
Current vs Prior 7-Day Avg -35.76%
Sentiment BULLISH

Open Interest

Detail
Current (08/20) 222,801
Calls: 148,832 (67%)
Puts: 73,969 (33%)
Prior (08/19) 204,535
Calls: 131,035 (64%)
Puts: 73,500 (36%)
Current vs Prior +8.93%
Prior 7-Day Total 1,340,841
Calls: 875,657 (65%)
Puts: 465,184 (35%)
Prior 7-Day Average 191,548
Calls: 125,093 (65%)
Puts: 66,454 (35%)
Current vs Prior 7-Day Avg +16.32%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 4.51% | 9.50%4.51% | 16.86%
Prior 6.94% | 10.69%6.94% | 17.18%
Current vs Prior -34.97% | -11.15%-34.97% | -1.83%
Prior 7-Day Avg 5.13% | 7.49%5.91% | 14.93%
Current vs 7-Day Avg -12.01% | +26.78%-23.58% | +12.98%
Prior 7-Day Eod 6.94% | 10.69%6.94% | 17.18%
Current vs 7-Day Eod -34.97% | -11.15%-34.97% | -1.83%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 16.10% | 35.97%
Calls: 20.00% | 2.70%
Puts: 12.20% | 69.23%
Prior 16.10% | 35.97%
Calls: 20.00% | 2.70%
Puts: 12.20% | 69.23%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 62.92% | 44.61%
Calls: 64.08% | 36.48%
Puts: 61.74% | 52.75%
Current vs 7-Day Avg -74.41% | -19.37%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($419.9K) vs puts ($91.1K). Light premium activity with dollar volume down 75% vs prior. Below-average activity with volume down 73% vs prior. Extreme bullish P/C ratio of 0.24 - heavy call buying (10,146 calls vs 2,420 puts).

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. 2 found (avg $0.33, cheapest $0.19)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.170.20$0.1915.8%6400.296.3K
$9.00Sep 180.440.52$0.4816.7%2090.45272
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 29 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 280.872.04$1.4680.1%11.0016
$7.00Aug 210.981.70$1.3453.7%30.9853
$7.50Aug 210.711.19$0.9550.5%10.98133
$7.00Sep 111.191.77$1.4839.2%30.971
$7.50Aug 280.961.45$1.2140.5%1660.95111
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 211.322.14$1.7347.4%21.0019
$9.50Aug 210.761.67$1.2175.2%10.9815
$9.00Aug 210.331.03$0.68102.9%80.91268
$10.00Aug 281.522.03$1.7828.7%10.893
$10.00Sep 181.632.17$1.9028.4%--0.7910

Most actively traded options today. High liquidity = easy entry/exit. 55 active (total vol 9.7K, top 2.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 210.010.04$0.03100.0%2.1K0.122.9K
$9.50Aug 210.000.02$0.01200.0%9740.041.3K
$8.50Aug 210.090.23$0.1687.5%8760.471.0K
$10.00Aug 210.000.01$0.01100.0%7510.022.0K
$9.00Aug 280.170.20$0.1915.8%6400.296.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.030.06$0.0560.0%4210.173.9K
$7.00Sep 110.000.18$0.09200.0%3200.131
$8.50Aug 210.070.36$0.22131.8%2430.54193
$9.00Sep 180.931.17$1.0522.9%2040.5915
$8.00Sep 40.070.50$0.29148.3%2000.3518

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 61.5%, max 63.9%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Aug 21Sep 18115.2%70.3%63.9%7442.8K
$8.50Aug 21Oct 2109.8%69.0%59.1%8771.0K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Aug 21Sep 18115.2%70.3%63.9%4844.1K
$8.50Aug 21Oct 2109.8%69.0%59.1%243235

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 27 found (best R:R 1.00, avg 1.71)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$7.00$7.50Aug 28$0.25$0.25$0.25100%1.00$7.25
$7.00$8.00Sep 18$0.60$0.40$0.6089%0.67$7.60
$9.00$10.00Oct 2$0.19$0.81$0.1947%4.26$9.19
$7.00$7.50Sep 11$0.29$0.21$0.2997%0.72$7.29
$7.50$8.00Sep 11$0.22$0.28$0.2283%1.27$7.72
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.00$8.50Aug 28$0.23$0.27$0.2370%1.17$8.77
$8.50$8.00Aug 21$0.17$0.33$0.1754%1.94$8.33
$8.00$7.50Aug 28$0.14$0.36$0.1434%2.57$7.86
$8.50$8.00Sep 4$0.28$0.22$0.2852%0.79$8.22
$8.50$8.00Aug 28$0.29$0.21$0.2956%0.72$8.21

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 13 found (best R:R 0.39, avg 0.45)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.50$9.00Aug 21$0.13$0.13$0.3754%0.35$8.63
$9.00$9.50Sep 11$0.17$0.17$0.3363%0.52$9.17
$8.50$9.00Sep 11$0.17$0.17$0.3352%0.52$8.67
$8.50$9.00Oct 2$0.22$0.22$0.2843%0.79$8.72
$8.50$9.00Aug 28$0.11$0.11$0.3956%0.28$8.61
BULL PUT (4)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.00$7.00Sep 18$0.28$0.28$0.7267%0.39$7.72
$8.00$7.50Sep 4$0.19$0.19$0.3165%0.61$7.81
$8.00$7.50Sep 11$0.22$0.22$0.2861%0.79$7.78
$8.00$7.50Aug 28$0.14$0.14$0.3666%0.39$7.86

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.21, cheapest $0.14)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Aug 28$0.14109.8%78.4%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Aug 28$0.28109.8%78.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 15 found (cheapest 4.51% of stock, avg 13.01%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.50Aug 21$0.16$0.22$0.38$8.12$8.884.51%
$8.00Aug 21$0.47$0.05$0.52$7.48$8.526.18%
$9.00Aug 21$0.03$0.68$0.71$8.29$9.718.43%
$8.50Aug 28$0.30$0.50$0.80$7.70$9.309.50%
$8.00Aug 28$0.60$0.21$0.81$7.19$8.819.62%
$9.00Aug 28$0.19$0.73$0.92$8.08$9.9210.93%
$8.50Sep 4$0.41$0.57$0.98$7.52$9.4811.64%
$8.00Sep 4$0.77$0.29$1.06$6.94$9.0612.59%
$9.00Sep 4$0.29$0.98$1.27$7.73$10.2715.08%
$8.00Sep 11$0.97$0.40$1.37$6.63$9.3716.27%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 46 found (cheapest 0.95% of stock, avg 5.88%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$9.00$8.00Aug 21$0.03$0.05$0.08$7.92$9.08
$10.00$7.00Aug 28$0.05$0.05$0.10$6.90$10.10
$10.00$7.50Aug 28$0.05$0.07$0.12$7.38$10.12
$9.50$7.00Aug 28$0.12$0.05$0.17$6.83$9.67
$9.50$7.50Aug 28$0.12$0.07$0.19$7.31$9.69
$10.00$7.50Sep 4$0.13$0.10$0.23$7.27$10.23
$8.50$8.00Aug 21$0.16$0.05$0.21$7.79$8.71
$9.00$7.00Aug 28$0.19$0.05$0.24$6.76$9.24
$9.00$7.50Aug 28$0.19$0.07$0.26$7.24$9.26
$10.00$7.00Sep 11$0.19$0.09$0.28$6.72$10.28

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. 23 found (best R:R 15.67, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.00$8.00$9.00Sep 18$0.06$0.9444%15.67
$8.00$8.50$9.00Aug 21$0.18$0.3272%1.78
$7.00$7.50$8.00Sep 11$0.07$0.4334%6.14
$8.50$9.00$9.50Aug 21$0.11$0.3942%3.55
$7.50$8.00$8.50Aug 21$0.17$0.3351%1.94
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$9.00$10.00Sep 18$0.20$0.8046%4.00
$8.50$9.00$9.50Aug 21$0.07$0.4344%6.14
$7.50$8.00$8.50Aug 21$0.13$0.3752%2.85
$7.50$8.00$8.50Sep 4$0.09$0.4135%4.56
$8.00$8.50$9.00Aug 21$0.29$0.2174%0.72

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 30 found (best net $-0.20, 18 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$8.001:2Sep 18-$0.42$0.58
$8.00$8.501:2Sep 11-$0.15$0.35
$9.00$10.001:2Oct 2-$0.27$0.73
$8.50$9.001:2Aug 28-$0.08$0.42
$7.50$8.001:2Sep 4-$0.36$0.14
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$9.001:2Sep 18-$0.20$0.80
$9.50$9.001:2Aug 21-$0.15$0.35
$9.00$8.501:2Sep 4-$0.16$0.34
$9.00$8.501:2Aug 28-$0.27$0.23
$7.50$7.001:2Sep 4-$0.38$0.12

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 16 found (best yield 5.23%, avg 2.78%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Sep 18$0.440.456.9%5.23%12.11%209272
$10.00Sep 25$0.160.3218.8%1.90%20.67%16
$10.00Oct 2$0.120.3418.8%1.43%20.19%--19
$10.00Sep 18$0.210.2618.8%2.49%21.26%1252.9K
$9.00Oct 2$0.300.476.9%3.56%10.45%32
$8.50Oct 2$0.450.570.9%5.34%6.29%111
$8.50Sep 25$0.440.500.9%5.23%6.18%--28
$8.50Sep 11$0.440.480.9%5.23%6.18%233
$9.00Sep 25$0.210.416.9%2.49%9.38%7515
$10.00Sep 11$0.100.2018.8%1.19%19.95%--44

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 10,146
Total Puts 2,420
Put/Call Ratio 0.24
Net Difference 7,726

Prior's Put/Call Breakdown

Total Calls 42,789
Total Puts 3,398
Put/Call Ratio 0.08
Net Difference 39,391

Prior 7-Day Put/Call Summary

Total Calls 63,097
Total Puts 11,507
Average Put/Call Ratio 0.37
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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