Tour v531
NVAX
NOVAVAX INC
$10.60 -1.94%
$10.56 (-0.38%)🌙
as of 10/01 06:02 PM
◀ 10/1 18:02 ▶

Option Volume

Detail
ℹ
Current (10/01) 3,975
Calls: 3,499 (88%)
Puts: 476 (12%)
Prior (09/30) 4,263
Calls: 3,962 (93%)
Puts: 301 (7%)
Current vs Prior -6.76%
Calls: -11.69% (Calls)
Puts: +58.14% (Puts)
Prior 7-Day Total 58,352
Calls: 51,609 (88%)
Puts: 6,743 (12%)
Prior 7-Day Average 8,336
Calls: 7,372 (88%)
Puts: 963 (12%)
Current vs Prior 7-Day Avg -52.32%
Calls: -52.54%
Puts: -50.59%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (10/01) $784.8K
Calls: $763.9K (97%)
Puts: $20.9K (3%)
Prior (09/30) $579.9K
Calls: $561.4K (97%)
Puts: $18.5K (3%)
Current vs Prior +35.33%
Calls: +36.08%
Puts: +12.68%
Prior 7-Day Total $4.71M
Calls: $4.26M (90%)
Puts: $447.9K (10%)
Prior 7-Day Average $673.2K
Calls: $609.3K (90%)
Puts: $64.0K (10%)
Current vs Prior 7-Day Avg +16.57%
Calls: +25.38%
Puts: -67.38%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (10/01) 0.14
Prior (09/30) 0.08
Current vs Prior +79.07%
Prior 7-Day Average 0.13
Current vs Prior 7-Day Avg +5.33%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (10/01) 243,031
Calls: 156,035 (64%)
Puts: 86,996 (36%)
Prior (09/30) 88,204
Calls: 85,448 (97%)
Puts: 2,756 (3%)
Current vs Prior +175.53%
Prior 7-Day Total 1,373,715
Calls: 914,445 (67%)
Puts: 459,270 (33%)
Prior 7-Day Average 196,245
Calls: 130,635 (67%)
Puts: 65,610 (33%)
Current vs Prior 7-Day Avg +23.84%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (10/02) | Next (10/09)Expiry (10/16) | Next (11/20)
Current 7.74% | 11.79%14.34% | 24.72%
Prior 7.59% | 12.12%15.36% | 22.57%
Current vs Prior +1.98% | -2.69%-6.62% | +9.50%
Prior 7-Day Avg 8.85% | 13.07%14.93% | 22.64%
Current vs 7-Day Avg -12.63% | -9.75%-3.92% | +9.20%
Prior 7-Day Eod 7.59% | 12.12%15.36% | 22.57%
Current vs 7-Day Eod +1.98% | -2.69%-6.62% | +9.50%
Sentiment BEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 56.88% | 30.21%
Calls: 10.42% | 26.09%
Puts: 103.33% | 34.33%
Prior 56.88% | 30.21%
Calls: 10.42% | 26.09%
Puts: 103.33% | 34.33%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 56.88% | 30.21%
Calls: 10.42% | 26.09%
Puts: 103.33% | 34.33%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 97% of dollar volume in calls ($763.9K) vs puts ($20.9K). Extreme bullish P/C ratio of 0.14 - heavy call buying (3,499 calls vs 476 puts). P/C ratio rising 79% - increased hedging/bearish positioning. Call-heavy open interest (156,035 calls vs 86,996 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 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. -- found (avg $--, cheapest $--)

No options available for this category

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
$9.00Oct 21.331.98$1.6639.2%20.9649
$9.00Oct 301.332.66$2.0066.5%--0.9426
$10.00Oct 20.480.89$0.6959.4%220.92474
$9.00Oct 161.132.24$1.6965.7%60.912.0K
$8.50Oct 20.293.20$1.75166.3%10.9038
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Oct 20.592.10$1.35111.9%11.001
$12.00Oct 90.981.69$1.3453.0%100.8516
$11.00Oct 20.001.13$0.56201.8%--0.8214
$11.50Oct 90.811.24$1.0242.2%20.80--
$11.00Oct 300.001.73$0.87198.9%150.5815

Most actively traded options today. High liquidity = easy entry/exit. 47 active (total vol 1.3K, top 293)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Oct 20.050.07$0.0633.3%2930.234.2K
$12.00Oct 20.000.04$0.02200.0%1950.061.3K
$10.00Oct 160.811.30$1.0646.2%1020.713.8K
$12.50Oct 20.000.04$0.02200.0%1010.051.6K
$12.00Oct 160.010.20$0.11172.7%1000.181.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Oct 20.050.15$0.10100.0%1020.36297
$10.00Oct 20.010.03$0.02100.0%830.09451
$10.50Oct 90.300.39$0.3525.7%200.4726
$9.00Oct 90.010.06$0.03166.7%160.07283
$10.00Oct 300.040.79$0.42178.6%150.4116

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 146.4%, max 486.2%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.50Oct 2Nov 13319.0%105.9%201.2%634
$11.00Oct 2Nov 684.5%65.3%29.5%3024.2K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.50Oct 2Oct 30319.0%54.4%486.2%--52
$11.00Oct 2Oct 3084.5%75.4%12.0%1529
$10.50Oct 2Oct 1677.6%75.3%3.0%1021.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 22 found (best R:R 0.59, avg 1.65)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.00$10.00Oct 16$0.63$0.37$0.6391%0.59$9.63
$10.00$10.50Oct 9$0.15$0.35$0.1577%2.33$10.15
$10.00$10.50Oct 16$0.20$0.30$0.2071%1.50$10.20
$10.50$11.00Oct 23$0.12$0.38$0.1252%3.17$10.62
$12.00$12.50Nov 6$0.15$0.35$0.1540%2.33$12.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$12.00$11.50Oct 9$0.32$0.18$0.3285%0.56$11.68
$11.00$10.50Oct 16$0.16$0.34$0.1656%2.12$10.84
$11.00$10.00Oct 30$0.45$0.55$0.4558%1.22$10.55
$10.00$9.50Oct 23$0.14$0.36$0.1435%2.57$9.86
$10.50$10.00Oct 9$0.21$0.29$0.2147%1.38$10.29

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 11 found (best R:R 0.56, avg 0.56)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$11.50$12.00Oct 16$0.20$0.20$0.3064%0.67$11.70
$12.00$12.50Oct 30$0.19$0.19$0.3168%0.61$12.19
$11.00$11.50Oct 9$0.16$0.16$0.3464%0.47$11.16
$11.00$11.50Oct 23$0.18$0.18$0.3258%0.56$11.18
$11.00$11.50Oct 16$0.18$0.18$0.3251%0.56$11.18
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$10.00$9.00Oct 16$0.36$0.36$0.6469%0.56$9.64
$9.50$9.00Oct 2$0.21$0.21$0.2978%0.72$9.29
$9.50$9.00Oct 9$0.15$0.15$0.3580%0.43$9.35
$10.50$10.00Oct 9$0.21$0.21$0.2953%0.72$10.29
$10.00$9.50Oct 23$0.14$0.14$0.3665%0.39$9.86

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.25, cheapest $0.25)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.50Oct 2Oct 9$0.2577.6%57.5%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.50Oct 2Oct 9$0.2577.6%57.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 11 found (cheapest 3.40% of stock, avg 9.97%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$10.50Oct 2$0.26$0.10$0.36$10.14$10.863.40%
$11.00Oct 2$0.06$0.56$0.62$10.38$11.625.85%
$10.00Oct 2$0.69$0.02$0.71$9.29$10.716.70%
$10.00Oct 9$0.66$0.14$0.80$9.20$10.807.55%
$10.50Oct 9$0.51$0.35$0.86$9.64$11.368.11%
$11.50Oct 9$0.11$1.02$1.13$10.37$12.6310.66%
$11.00Oct 16$0.49$0.66$1.15$9.85$12.1510.85%
$10.50Oct 16$0.86$0.50$1.36$9.14$11.8612.83%
$11.00Oct 30$0.55$0.87$1.42$9.58$12.4213.40%
$10.00Oct 16$1.06$0.46$1.52$8.48$11.5214.34%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 72 found (cheapest 0.38% of stock, avg 4.42%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$12.00$10.00Oct 2$0.02$0.02$0.04$9.96$12.04
$11.50$10.00Oct 2$0.04$0.02$0.06$9.94$11.56
$12.50$9.00Oct 9$0.06$0.03$0.09$8.91$12.59
$11.00$10.00Oct 2$0.06$0.02$0.08$9.92$11.08
$12.00$9.00Oct 9$0.09$0.03$0.12$8.88$12.12
$12.00$8.50Oct 2$0.02$0.12$0.14$8.36$12.14
$11.50$9.00Oct 9$0.11$0.03$0.14$8.86$11.64
$11.50$8.50Oct 2$0.04$0.12$0.16$8.34$11.66
$12.00$10.50Oct 2$0.02$0.10$0.12$10.38$12.12
$11.00$10.50Oct 2$0.06$0.10$0.16$10.34$11.16

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. 15 found (best R:R 1.17, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$10.00$10.50$11.00Oct 2$0.23$0.2768%1.17
$10.50$11.00$11.50Oct 9$0.08$0.4234%5.25
$10.50$11.00$11.50Oct 2$0.18$0.3253%1.78
$9.50$10.00$10.50Oct 2$0.05$0.4514%9.00
$11.00$11.50$12.00Oct 23$0.09$0.4116%4.56
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$9.00$9.50$10.00Oct 23$0.09$0.4119%4.56
$10.00$10.50$11.00Oct 16$0.12$0.3825%3.17
$10.00$10.50$11.00Oct 2$0.38$0.1274%0.32
$9.50$10.00$10.50Oct 9$0.25$0.2527%1.00
$8.50$9.00$9.50Oct 9$0.26$0.248%0.92

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 43 found (best net $-0.43, 28 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$10.001:2Oct 16-$0.43$0.57
$9.00$10.001:2Oct 30-$0.54$0.46
$9.50$10.001:2Oct 2-$0.21$0.29
$10.50$11.001:2Oct 16-$0.12$0.38
$10.50$11.001:2Oct 30-$0.15$0.35
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$9.501:2Oct 23-$0.07$0.43
$9.50$9.001:2Oct 23-$0.11$0.39
$9.50$9.001:2Oct 30-$0.18$0.32
$10.00$9.501:2Oct 30-$0.26$0.24
$11.00$10.501:2Oct 16-$0.34$0.16

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 10 found (best yield 2.36%, avg 2.21%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.00Nov 6$0.250.4013.2%2.36%15.57%21--
$11.00Oct 23$0.450.423.8%4.25%8.02%3110
$11.00Nov 6$0.400.513.8%3.77%7.55%92
$11.00Oct 16$0.400.493.8%3.77%7.55%502.7K
$12.00Oct 23$0.200.2613.2%1.89%15.09%--108
$12.50Oct 16$0.060.2017.9%0.57%18.49%8131
$11.50Oct 16$0.080.368.5%0.75%9.25%3340
$11.00Oct 30$0.240.403.8%2.26%6.04%6246
$11.00Oct 9$0.200.363.8%1.89%5.66%2225
$12.00Oct 9$0.060.1513.2%0.57%13.77%4201

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 3,499
Total Puts 476
Put/Call Ratio 0.14
Net Difference 3,023

Prior's Put/Call Breakdown

Total Calls 3,962
Total Puts 301
Put/Call Ratio 0.08
Net Difference 3,661

Prior 7-Day Put/Call Summary

Total Calls 51,609
Total Puts 6,743
Average Put/Call Ratio 0.13
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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