Tour v531
NVAX
NOVAVAX INC
$11.01 -1.87%
$11.00 (-0.09%)🌙
as of 10/08 06:02 PM
◀ 10/8 18:02 ▶

Option Volume

Detail
ℹ
Current (10/08) 9,193
Calls: 8,695 (95%)
Puts: 498 (5%)
Prior (10/07) 17,865
Calls: 15,577 (87%)
Puts: 2,288 (13%)
Current vs Prior -48.54%
Calls: -44.18% (Calls)
Puts: -78.23% (Puts)
Prior 7-Day Total 205,713
Calls: 175,531 (85%)
Puts: 30,182 (15%)
Prior 7-Day Average 29,387
Calls: 25,075 (85%)
Puts: 4,311 (15%)
Current vs Prior 7-Day Avg -68.72%
Calls: -65.33%
Puts: -88.45%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (10/08) $837.4K
Calls: $778.7K (93%)
Puts: $58.7K (7%)
Prior (10/07) $1.69M
Calls: $1.44M (85%)
Puts: $247.6K (15%)
Current vs Prior -50.36%
Calls: -45.89%
Puts: -76.31%
Prior 7-Day Total $24.02M
Calls: $21.24M (88%)
Puts: $2.78M (12%)
Prior 7-Day Average $3.43M
Calls: $3.03M (88%)
Puts: $397.0K (12%)
Current vs Prior 7-Day Avg -75.59%
Calls: -74.33%
Puts: -85.23%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (10/08) 0.06
Prior (10/07) 0.15
Current vs Prior -61.01%
Prior 7-Day Average 0.17
Current vs Prior 7-Day Avg -66.22%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (10/08) 302,076
Calls: 195,726 (65%)
Puts: 106,350 (35%)
Prior (10/07) 297,061
Calls: 192,330 (65%)
Puts: 104,731 (35%)
Current vs Prior +1.69%
Prior 7-Day Total 1,618,433
Calls: 1,070,170 (66%)
Puts: 548,263 (34%)
Prior 7-Day Average 231,204
Calls: 152,881 (66%)
Puts: 78,323 (34%)
Current vs Prior 7-Day Avg +30.65%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (10/09) | Next (10/16)Expiry (10/16) | Next (11/20)
Current 7.54% | 12.35%12.35% | 22.71%
Prior 8.20% | 13.64%13.64% | 27.27%
Current vs Prior -8.06% | -9.42%-9.42% | -16.74%
Prior 7-Day Avg 9.77% | 13.67%15.04% | 25.17%
Current vs 7-Day Avg -22.81% | -9.65%-17.87% | -9.77%
Prior 7-Day Eod 8.20% | 13.64%13.64% | 27.27%
Current vs 7-Day Eod -8.06% | -9.42%-9.42% | -16.74%
Sentiment BULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 18.90% | 106.16%
Calls: 17.46% | 35.51%
Puts: 20.34% | 176.81%
Prior 18.90% | 106.16%
Calls: 17.46% | 35.51%
Puts: 20.34% | 176.81%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 46.03% | 51.91%
Calls: 12.43% | 28.78%
Puts: 79.62% | 75.04%
Current vs 7-Day Avg -58.94% | +104.51%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 93% of dollar volume in calls ($778.7K) vs puts ($58.7K). Light premium activity with dollar volume down 50% vs prior. Below-average activity with volume down 49% vs prior. Extreme bullish P/C ratio of 0.06 - heavy call buying (8,695 calls vs 498 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 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. 1 found (avg $0.52, cheapest $0.52)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Oct 160.470.56$0.5217.3%5910.562.9K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 37 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Oct 90.683.60$2.14136.4%21.0022
$10.00Oct 90.581.40$0.9982.8%3151.00223
$9.00Oct 161.462.56$2.0154.7%--0.952.6K
$9.00Oct 90.154.10$2.13185.4%50.887
$9.50Oct 230.882.43$1.6693.4%--0.8530
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Oct 91.722.28$2.0028.0%40.95147
$12.50Oct 91.181.70$1.4436.1%40.93180
$12.00Oct 90.451.35$0.90100.0%330.922.4K
$13.00Oct 161.772.53$2.1535.3%--0.924.2K
$12.50Oct 161.332.08$1.7143.9%--0.8524

Most actively traded options today. High liquidity = easy entry/exit. 59 active (total vol 6.7K, top 881)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Nov 60.481.26$0.8789.7%8810.4852
$12.00Oct 90.010.04$0.03100.0%8390.082.6K
$12.00Nov 200.741.00$0.8729.9%6460.432.0K
$11.00Oct 160.470.56$0.5217.3%5910.562.9K
$11.00Oct 90.160.30$0.2360.9%3880.501.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Nov 201.031.46$1.2534.4%1410.4562
$10.50Oct 90.020.08$0.05120.0%740.17556
$10.00Oct 90.000.01$0.01100.0%340.02659
$12.00Oct 90.451.35$0.90100.0%330.922.4K
$11.00Oct 90.150.33$0.2475.0%270.50450

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 21.6%, max 30.5%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.00Oct 9Nov 20106.5%81.6%30.5%5973.8K
$11.50Oct 9Nov 6111.9%86.7%29.2%1.2K1.6K
$10.50Oct 9Nov 697.3%89.6%8.6%43363
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.00Oct 9Nov 20106.5%81.6%30.5%168512
$11.50Oct 9Oct 30111.9%88.2%26.9%13209
$10.50Oct 9Nov 1397.3%93.8%3.7%79556

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 30 found (best R:R 2.95, avg 1.75)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$11.00$12.50Nov 13$0.38$1.12$0.3855%2.95$11.38
$12.00$13.00Nov 20$0.14$0.86$0.1443%6.14$12.14
$10.00$10.50Oct 16$0.29$0.21$0.2984%0.72$10.29
$11.00$12.00Nov 20$0.38$0.62$0.3855%1.63$11.38
$9.00$10.00Nov 20$0.65$0.35$0.6577%0.54$9.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$12.00$11.50Oct 9$0.30$0.20$0.3092%0.67$11.70
$10.50$9.00Nov 6$0.31$1.19$0.3138%3.84$10.19
$11.50$11.00Oct 23$0.21$0.29$0.2162%1.38$11.29
$10.00$9.00Nov 20$0.18$0.82$0.1832%4.56$9.82
$10.50$9.00Nov 13$0.39$1.11$0.3938%2.85$10.11

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 14 found (best R:R 1.00, avg 0.59)

BEAR CALL (4)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$12.00$12.50Nov 6$0.20$0.20$0.3058%0.67$12.20
$11.50$12.00Oct 16$0.10$0.10$0.4062%0.25$11.60
$11.50$12.00Oct 30$0.16$0.16$0.3455%0.47$11.66
$12.00$13.00Nov 20$0.14$0.14$0.8657%0.16$12.14
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$11.00$10.00Nov 20$0.50$0.50$0.5055%1.00$10.50
$11.00$10.50Oct 23$0.31$0.31$0.1950%1.63$10.69
$10.00$9.50Oct 23$0.19$0.19$0.3171%0.61$9.81
$11.00$10.50Oct 9$0.19$0.19$0.3150%0.61$10.81
$11.00$10.00Oct 30$0.39$0.39$0.6153%0.64$10.61

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.23, cheapest $0.17)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$11.00Oct 9Oct 16$0.29106.5%69.6%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$11.00Oct 9Oct 16$0.17106.5%69.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 23 found (cheapest 4.27% of stock, avg 13.90%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$11.00Oct 9$0.23$0.24$0.47$10.53$11.474.27%
$11.50Oct 9$0.08$0.60$0.68$10.82$12.186.18%
$10.50Oct 9$0.64$0.05$0.69$9.81$11.196.27%
$12.00Oct 9$0.03$0.90$0.93$11.07$12.938.45%
$11.00Oct 16$0.52$0.41$0.93$10.07$11.938.45%
$10.00Oct 9$0.99$0.01$1.00$9.00$11.009.08%
$10.50Oct 16$0.83$0.21$1.04$9.46$11.549.45%
$11.50Oct 16$0.26$0.84$1.10$10.40$12.609.99%
$10.00Oct 16$1.12$0.13$1.25$8.75$11.2511.35%
$10.50Oct 23$0.87$0.44$1.31$9.19$11.8111.90%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 87 found (cheapest 0.73% of stock, avg 7.74%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$12.00$10.50Oct 9$0.03$0.05$0.08$10.42$12.08
$12.50$10.50Oct 9$0.03$0.05$0.08$10.42$12.58
$11.50$10.50Oct 9$0.08$0.05$0.13$10.37$11.63
$13.00$9.00Oct 16$0.09$0.05$0.14$8.86$13.14
$12.00$9.00Oct 9$0.03$0.13$0.16$8.84$12.16
$12.50$9.00Oct 9$0.03$0.13$0.16$8.84$12.66
$13.00$9.50Oct 16$0.09$0.08$0.17$9.33$13.17
$12.50$9.00Oct 16$0.13$0.05$0.18$8.82$12.68
$12.50$9.50Oct 16$0.13$0.08$0.21$9.29$12.71
$13.00$10.00Oct 16$0.09$0.13$0.22$9.78$13.22

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. 26 found (best R:R 1.94, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$11.00$11.50$12.00Oct 9$0.10$0.4042%4.00
$11.50$12.00$12.50Oct 9$0.05$0.4514%9.00
$11.50$12.00$12.50Oct 16$0.07$0.4319%6.14
$10.50$11.00$11.50Oct 9$0.26$0.2462%0.92
$11.50$12.00$12.50Oct 30$0.07$0.4313%6.14
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$10.50$11.00$11.50Oct 9$0.17$0.3361%1.94
$10.00$10.50$11.00Oct 9$0.15$0.3547%2.33
$10.00$10.50$11.00Oct 16$0.12$0.3828%3.17
$11.50$12.00$12.50Oct 30$0.08$0.4213%5.25
$9.00$9.50$10.00Oct 9$0.12$0.389%3.17

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 42 found (best net $-0.23, 37 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$10.001:2Oct 16-$0.23$0.77
$9.50$10.501:2Oct 23-$0.08$0.92
$11.00$12.501:2Nov 13-$0.47$1.03
$10.00$10.501:2Oct 9-$0.29$0.21
$10.50$11.001:2Oct 16-$0.21$0.29
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.50$9.001:2Nov 6-$0.22$1.28
$12.00$11.501:2Oct 9-$0.30$0.20
$10.50$9.001:2Nov 13-$0.27$1.23
$12.50$12.001:2Oct 9-$0.36$0.14
$11.00$10.001:2Nov 20-$0.25$0.75

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 16 found (best yield 5.63%, avg 2.58%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$13.00Nov 20$0.620.3618.1%5.63%23.71%6211
$12.00Nov 20$0.740.439.0%6.72%15.71%6462.0K
$12.00Nov 6$0.400.429.0%3.63%12.62%--325
$13.00Nov 6$0.150.3218.1%1.36%19.44%--52
$12.50Nov 6$0.250.3513.5%2.27%15.80%4212
$12.00Oct 30$0.380.389.0%3.45%12.44%57795
$12.50Oct 30$0.240.3213.5%2.18%15.71%9168
$11.50Nov 6$0.480.484.5%4.36%8.81%88152
$12.50Nov 13$0.070.4013.5%0.64%14.17%--12
$11.50Oct 30$0.430.454.5%3.91%8.36%1909

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 8,695
Total Puts 498
Put/Call Ratio 0.06
Net Difference 8,197

Prior's Put/Call Breakdown

Total Calls 15,577
Total Puts 2,288
Put/Call Ratio 0.15
Net Difference 13,289

Prior 7-Day Put/Call Summary

Total Calls 175,531
Total Puts 30,182
Average Put/Call Ratio 0.17
Ratio Trend Falling

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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