Tour v526
NVAX
NOVAVAX INC
$9.21 -2.44%
$9.24 (+0.33%)🌙
as of 08/26 06:04 PM
8/26 18:04

Option Volume

Detail
Current (08/26) 34,683
Calls: 4,951 (14%)
Puts: 29,732 (86%)
Prior (08/25) 17,496
Calls: 14,853 (85%)
Puts: 2,643 (15%)
Current vs Prior +98.23%
Calls: -66.67% (Calls)
Puts: +1024.93% (Puts)
Prior 7-Day Total 115,179
Calls: 102,924 (89%)
Puts: 12,255 (11%)
Prior 7-Day Average 16,454
Calls: 14,703 (89%)
Puts: 1,750 (11%)
Current vs Prior 7-Day Avg +110.79%
Calls: -66.33%
Puts: +1598.28%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/26) $8.43M
Calls: $394.2K (5%)
Puts: $8.03M (95%)
Prior (08/25) $1.26M
Calls: $1.02M (80%)
Puts: $247.2K (20%)
Current vs Prior +567.43%
Calls: -61.18%
Puts: +3149.13%
Prior 7-Day Total $5.83M
Calls: $5.25M (90%)
Puts: $575.0K (10%)
Prior 7-Day Average $832.7K
Calls: $750.5K (90%)
Puts: $82.1K (10%)
Current vs Prior 7-Day Avg +912.11%
Calls: -47.48%
Puts: +9680.19%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/26) 6.01
Prior (08/25) 0.18
Current vs Prior +3274.80%
Prior 7-Day Average 0.18
Current vs Prior 7-Day Avg +3231.25%
Sentiment BEARISH

Open Interest

Detail
Current (08/26) 216,452
Calls: 144,982 (67%)
Puts: 71,470 (33%)
Prior (08/25) 208,666
Calls: 139,042 (67%)
Puts: 69,624 (33%)
Current vs Prior +3.73%
Prior 7-Day Total 1,475,261
Calls: 964,624 (65%)
Puts: 510,637 (35%)
Prior 7-Day Average 210,751
Calls: 137,803 (65%)
Puts: 72,948 (35%)
Current vs Prior 7-Day Avg +2.70%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 6.30% | 9.34%14.66% | 19.98%
Prior 8.47% | 7.84%16.63% | 22.35%
Current vs Prior -25.69% | +19.12%-11.87% | -10.62%
Prior 7-Day Avg 6.35% | 8.94%6.75% | 16.12%
Current vs 7-Day Avg -0.82% | +4.40%+117.22% | +23.91%
Prior 7-Day Eod 8.47% | 7.84%16.63% | 22.35%
Current vs 7-Day Eod -25.69% | +19.12%-11.87% | -10.62%
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 39.51% | 40.29%
Calls: 42.04% | 19.59%
Puts: 36.97% | 60.99%
Current vs 7-Day Avg -59.25% | -10.72%
Liquidity Expensive
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🤖 AI Insights

Strong bearish conviction with 95% of dollar volume in puts ($8.03M) vs calls ($394.2K). Massive premium surge with dollar volume up 567% vs prior. Dollar volume significantly above 7-day average (912% higher). Above-average activity with volume up 98% vs prior.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
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 5.0%, best 5.0%)

CALLS (0)
No calls meet the criteria
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Sep 180.190.20$0.205.0%460.18297

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.37, cheapest $0.06)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 280.050.06$0.0616.7%7280.161.7K
$8.50Sep 40.790.93$0.8616.3%320.77114
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Sep 180.190.20$0.205.0%460.18297

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 30 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Aug 281.632.11$1.8725.7%320.93114
$7.50Sep 181.572.11$1.8429.3%40.93--
$8.50Aug 280.661.27$0.9762.9%720.92417
$7.50Sep 111.502.39$1.9545.6%--0.9213
$8.00Aug 280.791.40$1.1055.5%310.91830
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Aug 280.771.87$1.3283.3%31.003
$10.00Aug 280.571.10$0.8463.1%40.906
$10.50Sep 41.221.52$1.3721.9%10.811
$10.00Sep 40.711.12$0.9244.6%20.725
$9.50Aug 280.000.90$0.45200.0%20.6815

Most actively traded options today. High liquidity = easy entry/exit. 51 active (total vol 3.8K, top 728)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 280.050.06$0.0616.7%7280.161.7K
$10.50Aug 280.010.03$0.02100.0%5020.07546
$10.00Sep 180.410.56$0.4930.6%2410.413.4K
$10.50Sep 40.100.14$0.1233.3%2200.18256
$8.00Sep 181.341.86$1.6032.5%2040.831.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.130.17$0.1526.7%3740.33321
$9.50Sep 180.471.10$0.7979.7%1000.52118
$8.50Aug 280.000.05$0.03166.7%720.09522
$9.50Sep 40.380.71$0.5461.1%590.6580
$8.00Sep 180.190.20$0.205.0%460.18297

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 5 strikes (avg 26.0%, max 41.5%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.00Aug 28Oct 2100.2%70.8%41.5%7281.7K
$9.00Aug 28Oct 2100.4%78.3%28.1%964.8K
$9.50Aug 28Sep 2582.3%70.9%16.1%1871.9K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.00Aug 28Oct 2100.4%78.3%28.1%375321
$9.50Aug 28Sep 2582.3%70.9%16.1%315

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 28 found (best R:R 2.85, avg 1.85)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.00$8.50Aug 28$0.13$0.37$0.1391%2.85$8.13
$7.50$8.50Sep 25$0.57$0.43$0.5784%0.75$8.07
$7.50$8.00Sep 18$0.24$0.26$0.2493%1.08$7.74
$8.50$9.00Sep 11$0.22$0.28$0.2275%1.27$8.72
$10.00$11.00Sep 11$0.10$0.90$0.1030%9.00$10.10
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.50$9.00Sep 4$0.19$0.31$0.1965%1.63$9.31
$9.50$9.00Aug 28$0.30$0.20$0.3068%0.67$9.20
$9.00$8.50Sep 4$0.19$0.31$0.1942%1.63$8.81
$9.00$8.00Sep 25$0.32$0.68$0.3240%2.12$8.68
$9.00$8.50Aug 28$0.12$0.38$0.1233%3.17$8.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 14 found (best R:R 1.38, avg 0.59)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$10.00$10.50Sep 18$0.26$0.26$0.2459%1.08$10.26
$9.50$10.00Sep 11$0.25$0.25$0.2554%1.00$9.75
$10.50$11.00Sep 18$0.10$0.10$0.4073%0.25$10.60
$10.00$10.50Sep 25$0.12$0.12$0.3860%0.32$10.12
$9.50$10.00Sep 25$0.16$0.16$0.3450%0.47$9.66
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.00$8.50Oct 2$0.29$0.29$0.2159%1.38$8.71
$8.00$7.50Sep 18$0.13$0.13$0.3782%0.35$7.87
$9.00$8.50Sep 18$0.23$0.23$0.2761%0.85$8.77
$9.00$8.50Sep 11$0.21$0.21$0.2960%0.72$8.79
$9.00$8.50Aug 28$0.12$0.12$0.3867%0.32$8.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 3 found (avg debit $0.12, cheapest $0.09)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.00Aug 28Sep 4$0.08100.4%74.6%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.50Aug 28Sep 4$0.0982.3%55.7%
$9.00Aug 28Sep 4$0.20100.4%74.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 17 found (cheapest 6.30% of stock, avg 12.91%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.00Aug 28$0.43$0.15$0.58$8.42$9.586.30%
$9.50Aug 28$0.13$0.45$0.58$8.92$10.086.30%
$9.50Sep 4$0.18$0.54$0.72$8.78$10.227.82%
$9.00Sep 4$0.51$0.35$0.86$8.14$9.869.34%
$10.00Aug 28$0.06$0.84$0.90$9.10$10.909.77%
$8.50Aug 28$0.97$0.03$1.00$7.50$9.5010.86%
$8.50Sep 4$0.86$0.16$1.02$7.48$9.5211.07%
$9.00Sep 11$0.66$0.41$1.07$7.93$10.0711.62%
$8.50Sep 11$0.88$0.20$1.08$7.42$9.5811.73%
$10.00Sep 4$0.20$0.92$1.12$8.88$11.1212.16%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 68 found (cheapest 0.54% of stock, avg 5.44%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.50$8.50Aug 28$0.02$0.03$0.05$8.45$10.55
$10.50$7.50Aug 28$0.02$0.05$0.07$7.43$10.57
$10.50$8.00Aug 28$0.02$0.05$0.07$7.93$10.57
$10.00$8.50Aug 28$0.06$0.03$0.09$8.41$10.09
$10.00$8.00Aug 28$0.06$0.05$0.11$7.89$10.11
$10.00$7.50Aug 28$0.06$0.05$0.11$7.39$10.11
$11.00$7.50Sep 11$0.12$0.07$0.19$7.31$11.19
$11.00$7.50Sep 18$0.13$0.07$0.20$7.30$11.20
$9.50$8.50Aug 28$0.13$0.03$0.16$8.34$9.66
$10.50$9.00Aug 28$0.02$0.15$0.17$8.83$10.67

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 1 found (best R:R 0.85, avg credit $0.23)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
8/810/11Sep 18$0.23$0.2755%0.85$7.77$10.73

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 22 found (best R:R 4.56, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Sep 4$0.06$0.4424%7.33
$8.50$9.00$9.50Aug 28$0.24$0.2656%1.08
$9.00$9.50$10.00Sep 25$0.10$0.4020%4.00
$9.00$9.50$10.00Aug 28$0.23$0.2752%1.17
$8.50$9.00$9.50Sep 25$0.12$0.3822%3.17
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$9.00$9.50$10.00Aug 28$0.09$0.4157%4.56
$8.50$9.00$9.50Aug 28$0.18$0.3259%1.78
$9.50$10.00$10.50Aug 28$0.09$0.4132%4.56
$8.50$9.00$9.50Sep 18$0.07$0.4326%6.14
$9.00$9.50$10.00Sep 18$0.06$0.4422%7.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 39 found (best net $-0.12, 33 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$9.001:2Sep 18-$0.12$0.88
$8.50$9.001:2Sep 4-$0.16$0.34
$8.00$8.501:2Sep 11-$0.25$0.25
$7.50$8.001:2Aug 28-$0.33$0.17
$7.50$8.501:2Sep 25-$0.73$0.27
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$9.501:2Aug 28-$0.06$0.44
$10.00$9.501:2Sep 4-$0.16$0.34
$10.50$10.001:2Aug 28-$0.36$0.14
$9.50$9.001:2Sep 4-$0.16$0.34
$9.50$9.001:2Sep 18-$0.19$0.31

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 13 found (best yield 4.56%, avg 2.64%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.00Sep 25$0.420.408.6%4.56%13.14%--16
$10.00Sep 18$0.410.418.6%4.45%13.03%2413.4K
$11.00Sep 25$0.220.2619.4%2.39%21.82%--15
$10.00Oct 2$0.300.428.6%3.26%11.83%--21
$9.50Sep 25$0.430.503.1%4.67%7.82%114
$10.50Sep 25$0.130.3214.0%1.41%15.42%835
$9.50Sep 11$0.370.463.1%4.02%7.17%9917
$9.50Sep 18$0.340.513.1%3.69%6.84%634
$10.50Sep 18$0.080.2714.0%0.87%14.88%622.5K
$10.00Sep 4$0.160.288.6%1.74%10.31%11805

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 4,951
Total Puts 29,732
Put/Call Ratio 6.01
Net Difference -24,781

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 102,924
Total Puts 12,255
Average Put/Call Ratio 0.18
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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