Tour v526
NVAX
NOVAVAX INC
$9.26 +2.32%
$9.23 (-0.32%)🌙
as of 08/28 06:03 PM
8/28 18:03

Option Volume

Detail
Current (08/28) 11,163
Calls: 8,579 (77%)
Puts: 2,584 (23%)
Prior (08/27) 3,845
Calls: 2,964 (77%)
Puts: 881 (23%)
Current vs Prior +190.33%
Calls: +189.44% (Calls)
Puts: +193.30% (Puts)
Prior 7-Day Total 144,599
Calls: 103,224 (71%)
Puts: 41,375 (29%)
Prior 7-Day Average 20,657
Calls: 14,746 (71%)
Puts: 5,910 (29%)
Current vs Prior 7-Day Avg -45.96%
Calls: -41.82%
Puts: -56.28%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/28) $675.6K
Calls: $374.1K (55%)
Puts: $301.4K (45%)
Prior (08/27) $221.6K
Calls: $166.8K (75%)
Puts: $54.8K (25%)
Current vs Prior +204.82%
Calls: +124.24%
Puts: +450.19%
Prior 7-Day Total $13.99M
Calls: $5.43M (39%)
Puts: $8.56M (61%)
Prior 7-Day Average $2.00M
Calls: $776.3K (39%)
Puts: $1.22M (61%)
Current vs Prior 7-Day Avg -66.21%
Calls: -51.80%
Puts: -75.35%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/28) 0.30
Prior (08/27) 0.30
Current vs Prior +1.33%
Prior 7-Day Average 0.88
Current vs Prior 7-Day Avg -65.79%
Sentiment BULLISH

Open Interest

Detail
Current (08/28) 233,345
Calls: 146,422 (63%)
Puts: 86,923 (37%)
Prior (08/27) 232,728
Calls: 146,385 (63%)
Puts: 86,343 (37%)
Current vs Prior +0.27%
Prior 7-Day Total 1,514,799
Calls: 992,366 (66%)
Puts: 522,433 (34%)
Prior 7-Day Average 216,399
Calls: 141,766 (66%)
Puts: 74,633 (34%)
Current vs Prior 7-Day Avg +7.83%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 7.67% | 9.40%14.36% | 19.76%
Prior 4.09% | 6.30%13.92% | 23.31%
Current vs Prior +129.80% | +69.75%+3.16% | -15.24%
Prior 7-Day Avg 6.15% | 8.87%9.15% | 18.44%
Current vs 7-Day Avg +52.78% | +20.48%+57.02% | +7.15%
Prior 7-Day Eod 4.09% | 6.30%13.92% | 23.31%
Current vs 7-Day Eod +129.80% | +69.75%+3.16% | -15.24%
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 23.90% | 37.41%
Calls: 27.35% | 8.33%
Puts: 20.46% | 66.48%
Current vs 7-Day Avg -32.64% | -3.85%
Liquidity Expensive
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🤖 AI Insights

Massive premium surge with dollar volume up 205% vs prior. Unusually high activity with volume up 190% vs prior - elevated interest. Extreme bullish P/C ratio of 0.30 - heavy call buying (8,579 calls vs 2,584 puts). Call-heavy open interest (146,422 calls vs 86,923 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 BULLISH
7-Day Avg BEARISH
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 6.7%, best 6.7%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 40.140.15$0.156.7%2.7K0.24815
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.46, cheapest $0.15)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 40.140.15$0.156.7%2.7K0.24815
$9.00Sep 40.440.53$0.4918.4%1670.62226
$9.00Sep 180.670.82$0.7520.0%890.60546
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 30 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Aug 280.581.17$0.8867.0%261.00402
$9.00Aug 280.160.30$0.2360.9%1.2K1.004.3K
$7.50Sep 41.092.73$1.9185.9%--1.0015
$8.00Sep 40.871.50$1.1952.9%930.98128
$8.00Aug 280.991.45$1.2237.7%1960.94824
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Aug 280.473.15$1.81148.1%10.957
$10.00Aug 280.321.35$0.84122.6%20.955
$9.50Aug 280.001.39$0.70198.6%80.9431
$11.00Sep 41.552.71$2.1354.5%10.903
$10.50Sep 41.181.72$1.4537.2%20.832

Most actively traded options today. High liquidity = easy entry/exit. 54 active (total vol 8.0K, top 2.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 40.140.15$0.156.7%2.7K0.24815
$9.00Aug 280.160.30$0.2360.9%1.2K1.004.3K
$9.50Aug 280.000.01$0.01100.0%6300.052.0K
$10.00Sep 180.290.57$0.4365.1%5630.383.7K
$11.00Sep 40.000.10$0.05200.0%4050.09291
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Sep 110.000.30$0.15200.0%5070.22153
$8.50Sep 180.130.40$0.27100.0%2510.277
$8.50Sep 40.080.12$0.1040.0%2130.20119
$9.00Aug 280.000.07$0.04175.0%610.56787
$7.50Sep 40.000.04$0.02200.0%360.0475

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 4360.3%, max 9595.8%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.50Aug 28Sep 116969.0%137.2%4980.5%2123
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.50Aug 28Sep 256969.0%71.9%9595.8%--126
$8.00Aug 28Oct 91937.8%66.1%2833.7%11.2K
$9.00Aug 28Sep 25103.0%78.5%31.1%64796

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 23 found (best R:R 2.57, avg 2.15)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.50$10.00Oct 2$0.69$0.81$0.6978%1.17$9.19
$8.00$8.50Sep 4$0.24$0.26$0.2498%1.08$8.24
$9.50$10.00Sep 18$0.12$0.38$0.1248%3.17$9.62
$10.00$11.00Sep 11$0.13$0.87$0.1333%6.69$10.13
$9.50$10.00Sep 11$0.11$0.39$0.1145%3.55$9.61
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.00$9.50Aug 28$0.14$0.36$0.1495%2.57$9.86
$9.50$9.00Sep 25$0.18$0.32$0.1851%1.78$9.32
$10.50$9.50Sep 25$0.58$0.42$0.5863%0.72$9.92
$9.00$8.50Sep 4$0.13$0.37$0.1340%2.85$8.87
$8.50$8.00Sep 18$0.11$0.39$0.1127%3.55$8.39

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 13 found (best R:R 3.17, avg 0.64)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$10.50$11.00Sep 25$0.38$0.38$0.1263%3.17$10.88
$10.00$10.50Sep 18$0.13$0.13$0.3762%0.35$10.13
$9.50$10.00Sep 4$0.11$0.11$0.3961%0.28$9.61
$9.50$10.00Sep 11$0.11$0.11$0.3955%0.28$9.61
$10.00$11.00Sep 11$0.13$0.13$0.8767%0.15$10.13
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.00$8.50Sep 25$0.26$0.26$0.2459%1.08$8.74
$8.50$8.00Sep 25$0.18$0.18$0.3270%0.56$8.32
$9.00$8.50Sep 18$0.22$0.22$0.2860%0.79$8.78
$8.00$7.50Sep 25$0.11$0.11$0.3979%0.28$7.89
$9.00$8.50Sep 11$0.16$0.16$0.3462%0.47$8.84

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $0.19, cheapest $0.19)

CALLS (0)
No calls found
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.00Aug 28Sep 4$0.19103.0%59.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 16 found (cheapest 2.92% of stock, avg 12.24%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.00Aug 28$0.23$0.04$0.27$8.73$9.272.92%
$9.50Aug 28$0.01$0.70$0.71$8.79$10.217.67%
$9.00Sep 4$0.49$0.23$0.72$8.28$9.727.78%
$10.00Aug 28$0.01$0.84$0.85$9.15$10.859.18%
$9.50Sep 4$0.26$0.61$0.87$8.63$10.379.40%
$8.50Aug 28$0.88$0.01$0.89$7.61$9.399.61%
$9.00Sep 11$0.69$0.31$1.00$8.00$10.0010.80%
$8.50Sep 4$0.95$0.10$1.05$7.45$9.5511.34%
$9.00Sep 18$0.75$0.49$1.24$7.76$10.2413.39%
$9.00Sep 25$0.59$0.68$1.27$7.73$10.2713.71%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 59 found (cheapest 1.08% of stock, avg 6.45%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$11.00$8.00Sep 4$0.05$0.05$0.10$7.90$11.10
$10.50$8.00Sep 4$0.09$0.05$0.14$7.86$10.64
$11.00$8.50Sep 4$0.05$0.10$0.15$8.35$11.15
$9.50$8.00Aug 28$0.01$0.15$0.16$7.84$9.66
$10.50$8.50Sep 4$0.09$0.10$0.19$8.31$10.69
$10.00$8.00Sep 4$0.15$0.05$0.20$7.80$10.20
$10.00$8.50Sep 4$0.15$0.10$0.25$8.25$10.25
$11.00$8.00Sep 11$0.15$0.14$0.29$7.71$11.29
$11.00$8.50Sep 11$0.15$0.15$0.30$8.20$11.30
$11.00$7.50Sep 25$0.18$0.13$0.31$7.19$11.31

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 1.27, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$9.00$9.50$10.00Aug 28$0.22$0.2897%1.27
$8.50$9.00$9.50Aug 28$0.43$0.0795%0.16
$9.00$9.50$10.00Sep 4$0.12$0.3838%3.17
$9.00$9.50$10.00Sep 18$0.08$0.4222%5.25
$9.50$10.00$10.50Sep 25$0.07$0.4311%6.14
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Sep 4$0.08$0.4230%5.25
$8.50$9.00$9.50Sep 18$0.07$0.4325%6.14
$7.50$8.00$8.50Sep 18$0.06$0.4415%7.33
$7.50$8.00$8.50Sep 25$0.07$0.4318%6.14
$8.00$8.50$9.00Sep 25$0.08$0.4220%5.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 28 found (best net $-0.08, 20 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$9.001:2Sep 18-$0.08$0.92
$8.50$9.001:2Sep 25-$0.05$0.45
$9.00$9.501:2Sep 11-$0.09$0.41
$7.50$8.001:2Sep 4-$0.47$0.03
$9.50$10.001:2Sep 11-$0.17$0.33
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.50$9.501:2Sep 25-$0.28$0.72
$9.00$8.501:2Sep 18-$0.05$0.45
$8.50$8.001:2Sep 25-$0.06$0.44
$9.50$9.001:2Sep 18-$0.20$0.30
$9.00$8.501:2Sep 25-$0.16$0.34

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 12 found (best yield 1.51%, avg 2.22%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.50Sep 25$0.140.3713.4%1.51%14.90%1743
$10.00Sep 18$0.290.388.0%3.13%11.12%5633.7K
$9.50Sep 18$0.450.482.6%4.86%7.45%1349
$10.50Sep 18$0.170.2913.4%1.84%15.23%522.4K
$10.00Oct 2$0.120.518.0%1.30%9.29%--21
$10.00Sep 11$0.230.338.0%2.48%10.48%24205
$10.00Sep 25$0.110.418.0%1.19%9.18%--16
$9.50Sep 11$0.270.452.6%2.92%5.51%11139
$9.50Sep 25$0.260.482.6%2.81%5.40%--15
$9.50Sep 4$0.230.392.6%2.48%5.08%14167

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 8,579
Total Puts 2,584
Put/Call Ratio 0.30
Net Difference 5,995

Prior's Put/Call Breakdown

Total Calls 2,964
Total Puts 881
Put/Call Ratio 0.30
Net Difference 2,083

Prior 7-Day Put/Call Summary

Total Calls 103,224
Total Puts 41,375
Average Put/Call Ratio 0.88
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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