Tour v526
NVAX
NOVAVAX INC
$9.37 +1.19%
$9.42 (+0.53%)🌙
as of 08/31 06:03 PM
8/31 18:03

Option Volume

Detail
Current (08/31) 19,906
Calls: 15,034 (76%)
Puts: 4,872 (24%)
Prior (08/28) 11,163
Calls: 8,579 (77%)
Puts: 2,584 (23%)
Current vs Prior +78.32%
Calls: +75.24% (Calls)
Puts: +88.54% (Puts)
Prior 7-Day Total 151,618
Calls: 108,657 (72%)
Puts: 42,961 (28%)
Prior 7-Day Average 21,659
Calls: 15,522 (72%)
Puts: 6,137 (28%)
Current vs Prior 7-Day Avg -8.10%
Calls: -3.15%
Puts: -20.62%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/31) $1.48M
Calls: $953.6K (64%)
Puts: $529.5K (36%)
Prior (08/28) $675.6K
Calls: $374.1K (55%)
Puts: $301.4K (45%)
Current vs Prior +119.53%
Calls: +154.87%
Puts: +75.66%
Prior 7-Day Total $14.45M
Calls: $5.61M (39%)
Puts: $8.84M (61%)
Prior 7-Day Average $2.06M
Calls: $801.1K (39%)
Puts: $1.26M (61%)
Current vs Prior 7-Day Avg -28.16%
Calls: +19.03%
Puts: -58.09%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/31) 0.32
Prior (08/28) 0.30
Current vs Prior +7.59%
Prior 7-Day Average 0.88
Current vs Prior 7-Day Avg -63.10%
Sentiment BULLISH

Open Interest

Detail
Current (08/31) 224,042
Calls: 139,097 (62%)
Puts: 84,945 (38%)
Prior (08/28) 233,345
Calls: 146,422 (63%)
Puts: 86,923 (37%)
Current vs Prior -3.99%
Prior 7-Day Total 1,544,975
Calls: 1,008,697 (65%)
Puts: 536,278 (35%)
Prior 7-Day Average 220,710
Calls: 144,099 (65%)
Puts: 76,611 (35%)
Current vs Prior 7-Day Avg +1.51%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 5.76% | 10.25%13.55% | 20.38%
Prior 9.40% | 10.69%14.36% | 19.76%
Current vs Prior -38.66% | -4.17%-5.63% | +3.15%
Prior 7-Day Avg 6.81% | 9.28%10.51% | 19.43%
Current vs 7-Day Avg -15.34% | +10.36%+28.91% | +4.91%
Prior 7-Day Eod 9.40% | 10.69%14.36% | 19.76%
Current vs 7-Day Eod -38.66% | -4.17%-5.63% | +3.15%
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 16.10% | 35.97%
Calls: 20.00% | 2.70%
Puts: 12.20% | 69.23%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 64% call dollar volume ($953.6K). Massive premium surge with dollar volume up 120% vs prior. Above-average activity with volume up 78% vs prior. Extreme bullish P/C ratio of 0.32 - heavy call buying (15,034 calls vs 4,872 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 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 -- 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. 23 found (avg delta 0.74, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Sep 181.012.09$1.5569.7%2110.941.5K
$7.50Sep 41.482.51$2.0051.5%20.8915
$7.50Sep 111.392.42$1.9054.2%20.8813
$8.50Sep 40.711.32$1.0259.8%870.87151
$8.00Sep 40.901.88$1.3970.5%150.86200
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 40.703.20$1.95128.2%40.972
$10.00Sep 40.460.81$0.6454.7%750.757
$10.00Sep 180.681.10$0.8947.2%--0.6315
$10.00Sep 250.731.33$1.0358.3%10.62--
$9.50Sep 40.150.45$0.30100.0%1860.54123

Most actively traded options today. High liquidity = easy entry/exit. 56 active (total vol 7.2K, top 2.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 40.120.16$0.1428.6%2.8K0.282.6K
$10.50Sep 40.000.08$0.04200.0%5710.11152
$10.00Sep 180.330.41$0.3721.6%4550.364.0K
$11.00Sep 40.030.04$0.0425.0%4480.08691
$9.50Sep 40.180.30$0.2450.0%2670.48156
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Sep 40.070.20$0.1492.9%3860.27269
$9.00Sep 180.300.40$0.3528.6%2530.39453
$9.50Sep 40.150.45$0.30100.0%1860.54123
$8.50Sep 110.000.17$0.09188.9%1790.16630
$10.00Sep 40.460.81$0.6454.7%750.757

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 22.8%, max 31.2%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.00Sep 4Oct 279.9%60.9%31.2%113336
$10.00Sep 4Oct 287.8%76.8%14.3%2.8K2.6K
PUTS (0)
No puts found

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 23 found (best R:R 0.85, avg 1.74)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$7.50$8.00Sep 11$0.27$0.23$0.2788%0.85$7.77
$8.00$8.50Sep 18$0.29$0.21$0.2994%0.72$8.29
$8.00$8.50Sep 11$0.31$0.19$0.3185%0.61$8.31
$9.00$9.50Sep 18$0.18$0.32$0.1862%1.78$9.18
$9.00$10.00Oct 2$0.42$0.58$0.4260%1.38$9.42
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.00$9.50Sep 18$0.14$0.36$0.1463%2.57$9.86
$9.50$9.00Sep 4$0.16$0.34$0.1654%2.13$9.34
$10.00$9.00Sep 25$0.54$0.46$0.5462%0.85$9.46
$9.00$8.50Sep 18$0.15$0.35$0.1539%2.33$8.85
$9.00$8.50Sep 11$0.11$0.39$0.1131%3.55$8.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 13 found (best R:R 1.08, avg 0.56)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.50$10.00Sep 25$0.25$0.25$0.2553%1.00$9.75
$10.00$10.50Sep 25$0.18$0.18$0.3264%0.56$10.18
$10.00$10.50Sep 4$0.10$0.10$0.4072%0.25$10.10
$10.00$10.50Sep 11$0.15$0.15$0.3565%0.43$10.15
$9.50$10.00Sep 11$0.16$0.16$0.3450%0.47$9.66
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.00$7.50Oct 9$0.26$0.26$0.2476%1.08$7.74
$8.50$8.00Sep 25$0.23$0.23$0.2768%0.85$8.27
$8.50$8.00Sep 18$0.12$0.12$0.3876%0.32$8.38
$9.00$8.50Oct 9$0.20$0.20$0.3064%0.67$8.80
$9.00$8.50Oct 2$0.18$0.18$0.3260%0.56$8.82

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.21, cheapest $0.20)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.50Sep 4Sep 11$0.2069.2%73.5%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.50Sep 4Sep 11$0.2269.2%73.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 16 found (cheapest 5.76% of stock, avg 13.18%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.50Sep 4$0.24$0.30$0.54$8.96$10.045.76%
$9.00Sep 4$0.56$0.14$0.70$8.30$9.707.47%
$10.00Sep 4$0.14$0.64$0.78$9.22$10.788.32%
$9.50Sep 11$0.44$0.52$0.96$8.54$10.4610.25%
$9.00Sep 11$0.84$0.20$1.04$7.96$10.0411.10%
$9.00Sep 18$0.70$0.35$1.05$7.95$10.0511.21%
$8.50Sep 4$1.02$0.07$1.09$7.41$9.5911.63%
$10.00Sep 18$0.37$0.89$1.26$8.74$11.2613.45%
$9.50Sep 18$0.52$0.75$1.27$8.23$10.7713.55%
$8.50Sep 11$1.32$0.09$1.41$7.09$9.9115.05%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 70 found (cheapest 1.17% of stock, avg 5.52%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.50$8.50Sep 4$0.04$0.07$0.11$8.39$10.61
$11.00$8.50Sep 4$0.04$0.07$0.11$8.39$11.11
$10.50$7.50Sep 4$0.04$0.13$0.17$7.33$10.67
$10.50$8.00Sep 4$0.04$0.13$0.17$7.83$10.67
$11.00$7.50Sep 4$0.04$0.13$0.17$7.33$11.17
$11.00$8.00Sep 4$0.04$0.13$0.17$7.83$11.17
$11.00$8.50Sep 11$0.12$0.09$0.21$8.29$11.21
$10.50$9.00Sep 4$0.04$0.14$0.18$8.82$10.68
$11.00$9.00Sep 4$0.04$0.14$0.18$8.82$11.18
$10.50$8.50Sep 11$0.13$0.09$0.22$8.28$10.72

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 1 found (best R:R 1.08, avg credit $0.26)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
8/910/10Sep 11$0.26$0.2434%1.08$8.74$10.26

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 21 found (best R:R 4.56, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.50$9.00$9.50Sep 11$0.08$0.4235%5.25
$8.50$9.00$9.50Sep 25$0.06$0.4424%7.33
$9.50$10.00$10.50Sep 25$0.07$0.4322%6.14
$8.50$9.00$9.50Sep 4$0.14$0.3639%2.57
$9.50$10.00$10.50Sep 18$0.07$0.4319%6.14
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.50$9.00$9.50Sep 4$0.09$0.4140%4.56
$9.00$9.50$10.00Sep 4$0.18$0.3248%1.78
$7.50$8.00$8.50Sep 18$0.10$0.4017%4.00
$8.50$9.00$9.50Sep 11$0.21$0.2935%1.38
$8.00$8.50$9.00Sep 4$0.13$0.3713%2.85

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 31 found (best net $-0.13, 24 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$10.001:2Oct 2-$0.13$0.87
$8.50$9.001:2Sep 4-$0.10$0.40
$8.50$9.001:2Sep 18-$0.14$0.36
$9.50$10.001:2Sep 11-$0.12$0.38
$10.00$10.501:2Sep 25-$0.07$0.43
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$8.501:2Sep 18-$0.05$0.45
$9.00$8.501:2Oct 2-$0.17$0.33
$8.00$7.501:2Sep 11-$0.11$0.39
$8.00$7.501:2Sep 4-$0.13$0.37
$8.50$8.001:2Sep 4-$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 2.13%, avg 2.27%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$11.00Oct 2$0.200.3317.4%2.13%19.53%39
$10.00Sep 18$0.330.366.7%3.52%10.25%4554.0K
$10.50Oct 2$0.100.3812.1%1.07%13.13%--15
$10.50Sep 18$0.200.2812.1%2.13%14.19%262.4K
$10.00Oct 2$0.250.416.7%2.67%9.39%1621
$11.00Sep 18$0.160.2117.4%1.71%19.10%1361.3K
$11.00Sep 25$0.070.2417.4%0.75%18.14%2217
$10.00Sep 11$0.240.356.7%2.56%9.28%40219
$9.50Sep 11$0.360.501.4%3.84%5.23%14448
$9.50Sep 25$0.340.471.4%3.63%5.02%--15

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 15,034
Total Puts 4,872
Put/Call Ratio 0.32
Net Difference 10,162

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 108,657
Total Puts 42,961
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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