Tour v526
NVAX
NOVAVAX INC
$9.44 +6.55%
8/25 18:04

Option Volume

Detail
Current (08/25) 17,496
Calls: 14,853 (85%)
Puts: 2,643 (15%)
Prior (08/21) 25,678
Calls: 24,375 (95%)
Puts: 1,303 (5%)
Current vs Prior -31.86%
Calls: -39.06% (Calls)
Puts: +102.84% (Puts)
Prior 7-Day Total 103,964
Calls: 91,344 (88%)
Puts: 12,620 (12%)
Prior 7-Day Average 14,852
Calls: 13,049 (88%)
Puts: 1,802 (12%)
Current vs Prior 7-Day Avg +17.80%
Calls: +13.82%
Puts: +46.60%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/25) $1.26M
Calls: $1.02M (80%)
Puts: $247.2K (20%)
Prior (08/21) $1.34M
Calls: $1.28M (95%)
Puts: $61.9K (5%)
Current vs Prior -5.77%
Calls: -20.55%
Puts: +299.21%
Prior 7-Day Total $4.80M
Calls: $4.36M (91%)
Puts: $441.9K (9%)
Prior 7-Day Average $685.5K
Calls: $622.4K (91%)
Puts: $63.1K (9%)
Current vs Prior 7-Day Avg +84.19%
Calls: +63.15%
Puts: +291.69%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/25) 0.18
Prior (08/21) 0.05
Current vs Prior +232.88%
Prior 7-Day Average 0.29
Current vs Prior 7-Day Avg -37.83%
Sentiment BULLISH

Open Interest

Detail
Current (08/25) 208,666
Calls: 139,042 (67%)
Puts: 69,624 (33%)
Prior (08/21) 226,448
Calls: 151,999 (67%)
Puts: 74,449 (33%)
Current vs Prior -7.85%
Prior 7-Day Total 1,473,600
Calls: 960,729 (65%)
Puts: 512,871 (35%)
Prior 7-Day Average 210,514
Calls: 137,247 (65%)
Puts: 73,267 (35%)
Current vs Prior 7-Day Avg -0.88%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 8.47% | 7.84%16.63% | 22.35%
Prior 7.94% | 10.63%2.57% | 16.55%
Current vs Prior +6.71% | -26.23%+546.46% | +35.02%
Prior 7-Day Avg 5.53% | 8.79%5.34% | 15.18%
Current vs 7-Day Avg +53.38% | -10.81%+211.60% | +47.28%
Prior 7-Day Eod 7.94% | 10.63%2.57% | 16.55%
Current vs 7-Day Eod +6.71% | -26.23%+546.46% | +35.02%
Sentiment BEARISHBEARISH

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 47.31% | 41.73%
Calls: 49.39% | 25.22%
Puts: 45.23% | 58.24%
Current vs 7-Day Avg -65.97% | -13.80%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Strong bullish conviction with 80% of dollar volume in calls ($1.02M) vs puts ($247.2K). Dollar volume significantly above 7-day average (84% higher). Extreme bullish P/C ratio of 0.18 - heavy call buying (14,853 calls vs 2,643 puts). P/C ratio rising 233% - increased hedging/bearish 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 1 of results (avg 9.4%, best 9.4%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 180.500.55$0.539.4%5200.443.3K
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.64, cheapest $0.56)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.520.60$0.5614.3%3961.004.9K
$9.00Sep 40.630.75$0.6917.4%2550.69215
$10.00Sep 180.500.55$0.539.4%5200.443.3K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Sep 180.700.81$0.7614.5%2180.46--

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 26 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 281.301.60$1.4520.7%431.00817
$8.50Aug 280.731.25$0.9952.5%361.00444
$9.00Aug 280.520.60$0.5614.3%3961.004.9K
$8.00Sep 111.221.86$1.5441.6%90.8752
$8.00Sep 181.301.94$1.6239.5%5090.841.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Aug 281.282.10$1.6948.5%20.901
$10.50Aug 280.851.44$1.1551.3%40.844
$10.00Aug 280.231.20$0.72134.7%20.765
$10.00Sep 40.791.21$1.0042.0%50.70--
$10.00Sep 110.681.61$1.1580.9%10.671

Most actively traded options today. High liquidity = easy entry/exit. 49 active (total vol 11.2K, top 2.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Sep 180.270.52$0.4062.5%2.6K0.3512
$10.00Aug 280.090.15$0.1250.0%2.1K0.23931
$9.50Aug 280.150.32$0.2470.8%8470.411.4K
$10.00Sep 40.020.32$0.17176.5%7540.30163
$10.50Aug 280.040.10$0.0785.7%5710.14407
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Aug 280.000.05$0.03166.7%5220.09430
$9.50Sep 180.700.81$0.7614.5%2180.46--
$9.50Sep 40.220.55$0.3984.6%800.50--
$9.00Sep 40.110.34$0.23100.0%650.313
$9.00Aug 280.100.14$0.1233.3%410.34312

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 69.3%, max 107.7%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.00Aug 28Oct 2117.0%56.3%107.7%2.1K952
$9.50Aug 28Sep 25107.1%75.5%41.9%8471.5K
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.00Aug 28Sep 18117.0%73.9%58.3%216

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 20 found (best R:R 2.13, avg 2.01)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.00$9.50Aug 28$0.32$0.18$0.32100%0.56$9.32
$10.00$10.50Oct 2$0.12$0.38$0.1243%3.17$10.12
$10.00$10.50Sep 18$0.13$0.37$0.1344%2.85$10.13
$10.50$11.00Sep 25$0.10$0.40$0.1034%4.00$10.60
$9.50$10.00Aug 28$0.12$0.38$0.1241%3.17$9.62
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.00$9.50Aug 28$0.16$0.34$0.1676%2.13$9.84
$10.50$10.00Sep 18$0.19$0.31$0.1967%1.63$10.31
$9.00$8.50Sep 11$0.11$0.39$0.1142%3.55$8.89
$9.50$9.00Sep 4$0.16$0.34$0.1650%2.12$9.34
$9.50$9.00Sep 18$0.26$0.24$0.2646%0.92$9.24

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 13 found (best R:R 0.72, avg 0.51)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$10.50$11.00Sep 18$0.18$0.18$0.3265%0.56$10.68
$9.50$10.00Sep 18$0.28$0.28$0.2245%1.27$9.78
$10.50$11.00Sep 4$0.11$0.11$0.3973%0.28$10.61
$9.50$10.00Sep 11$0.20$0.20$0.3054%0.67$9.70
$9.50$10.00Sep 4$0.18$0.18$0.3250%0.56$9.68
BULL PUT (3)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.00$8.00Sep 25$0.42$0.42$0.5860%0.72$8.58
$9.00$8.00Sep 18$0.31$0.31$0.6965%0.45$8.69
$9.00$8.50Sep 11$0.11$0.11$0.3958%0.28$8.89

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.11, cheapest $0.11)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.50Aug 28Sep 4$0.11107.1%59.3%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.00Aug 28Sep 4$0.1159.9%67.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 16 found (cheapest 7.20% of stock, avg 13.42%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.00Aug 28$0.56$0.12$0.68$8.32$9.687.20%
$9.50Sep 4$0.35$0.39$0.74$8.76$10.247.84%
$9.50Aug 28$0.24$0.56$0.80$8.70$10.308.47%
$10.00Aug 28$0.12$0.72$0.84$9.16$10.848.90%
$9.00Sep 4$0.69$0.23$0.92$8.08$9.929.75%
$8.50Aug 28$0.99$0.03$1.02$7.48$9.5210.81%
$9.00Sep 11$0.75$0.39$1.14$7.86$10.1412.08%
$10.00Sep 4$0.17$1.00$1.17$8.83$11.1712.39%
$8.50Sep 4$1.13$0.16$1.29$7.21$9.7913.67%
$9.00Sep 18$0.90$0.50$1.40$7.60$10.4014.83%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 53 found (cheapest 0.74% of stock, avg 6.43%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$11.00$8.50Aug 28$0.04$0.03$0.07$8.43$11.07
$10.50$8.50Aug 28$0.07$0.03$0.10$8.40$10.60
$11.00$8.00Aug 28$0.04$0.07$0.11$7.89$11.11
$10.50$8.00Aug 28$0.07$0.07$0.14$7.86$10.64
$10.00$8.50Aug 28$0.12$0.03$0.15$8.35$10.15
$10.00$8.00Aug 28$0.12$0.07$0.19$7.81$10.19
$11.00$9.00Aug 28$0.04$0.12$0.16$8.84$11.16
$10.50$9.00Aug 28$0.07$0.12$0.19$8.81$10.69
$10.00$9.00Aug 28$0.12$0.12$0.24$8.76$10.24
$11.00$8.50Sep 4$0.11$0.16$0.27$8.23$11.27

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. 21 found (best R:R 1.50, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$9.00$9.50$10.00Aug 28$0.20$0.3077%1.50
$8.50$9.00$9.50Aug 28$0.11$0.3959%3.55
$9.00$9.50$10.00Sep 11$0.08$0.4233%5.25
$9.50$10.00$10.50Aug 28$0.07$0.4328%6.14
$8.50$9.00$9.50Sep 4$0.10$0.4030%4.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Sep 11$0.06$0.4421%7.33
$8.50$9.00$9.50Sep 4$0.09$0.4130%4.56
$8.00$8.50$9.00Aug 28$0.13$0.3722%2.85
$10.00$10.50$11.00Aug 28$0.11$0.3914%3.55
$8.00$8.50$9.00Sep 4$0.17$0.3312%1.94

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 33 found (best net $-0.18, 25 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$9.001:2Sep 18-$0.18$0.82
$8.50$9.001:2Aug 28-$0.13$0.37
$8.50$9.001:2Sep 4-$0.25$0.25
$9.50$10.001:2Sep 11-$0.07$0.43
$10.00$11.001:2Sep 11-$0.13$0.87
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.50$10.001:2Aug 28-$0.29$0.21
$9.50$9.001:2Sep 4-$0.07$0.43
$9.00$8.501:2Sep 4-$0.09$0.41
$9.00$8.501:2Sep 11-$0.17$0.33
$10.00$9.501:2Sep 18-$0.28$0.22

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 16 found (best yield 5.30%, avg 2.71%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.00Sep 18$0.500.445.9%5.30%11.23%5203.3K
$9.50Sep 18$0.680.550.6%7.20%7.84%2017
$11.00Oct 2$0.240.3016.5%2.54%19.07%73
$11.00Sep 25$0.270.2816.5%2.86%19.39%1213
$10.00Sep 25$0.470.425.9%4.98%10.91%514
$10.50Sep 18$0.270.3511.2%2.86%14.09%2.6K12
$11.00Sep 18$0.100.2416.5%1.06%17.58%1381.2K
$9.50Sep 25$0.430.500.6%4.56%5.19%--14
$10.00Oct 2$0.190.435.9%2.01%7.94%--21
$10.50Oct 2$0.070.3411.2%0.74%11.97%--15

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 14,853
Total Puts 2,643
Put/Call Ratio 0.18
Net Difference 12,210

Prior's Put/Call Breakdown

Total Calls 24,375
Total Puts 1,303
Put/Call Ratio 0.05
Net Difference 23,072

Prior 7-Day Put/Call Summary

Total Calls 91,344
Total Puts 12,620
Average Put/Call Ratio 0.29
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All