Tour v512
NVAX
NOVAVAX INC
$8.44 +6.42%
8/19 09:40

Option Volume

Detail
Current (08/19 9:40am) 6,029
Calls: 6,013 (100%)
Puts: 16 (0%)
Prior (02/24) 6,247
Calls: 4,723 (76%)
Puts: 1,524 (24%)
Current vs Prior -3.49%
Calls: +27.31% (Calls)
Puts: -98.95% (Puts)
Prior 7-Day Total 113,694
Calls: 97,931 (86%)
Puts: 15,763 (14%)
Prior 7-Day Average 16,242
Calls: 13,990 (86%)
Puts: 2,251 (14%)
Current vs Prior 7-Day Avg -62.88%
Calls: -57.02%
Puts: -99.29%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/19 9:40am) $146.9K
Calls: $146.4K (100%)
Puts: $462 (0%)
Prior (02/24) $288.4K
Calls: $242.6K (84%)
Puts: $45.8K (16%)
Current vs Prior -49.06%
Calls: -39.64%
Puts: -98.99%
Prior 7-Day Total $9.40M
Calls: $8.45M (90%)
Puts: $952.8K (10%)
Prior 7-Day Average $1.34M
Calls: $1.21M (90%)
Puts: $136.1K (10%)
Current vs Prior 7-Day Avg -89.06%
Calls: -87.87%
Puts: -99.66%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/19 9:40am) 0.00
Prior (02/24) 0.32
Current vs Prior -99.18%
Prior 7-Day Average 0.16
Current vs Prior 7-Day Avg -98.36%
Sentiment BULLISH

Open Interest

Detail
Current (08/19 9:40am) 204,535
Calls: 131,035 (64%)
Puts: 73,500 (36%)
Prior (02/24) 105,732
Calls: 99,916 (94%)
Puts: 5,816 (6%)
Current vs Prior +93.45%
Prior 7-Day Total 1,459,262
Calls: 929,822 (68%)
Puts: 430,637 (32%)
Prior 7-Day Average 208,466
Calls: 132,831 (68%)
Puts: 61,519 (32%)
Current vs Prior 7-Day Avg -1.89%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 5.81% | 9.60%5.81% | 14.10%
Prior 4.89% | 8.20%10.32% | 20.77%
Current vs Prior +18.62% | +17.02%-43.73% | -32.11%
Prior 7-Day Avg 10.23% | 13.98%13.11% | 22.54%
Current vs 7-Day Avg -43.25% | -31.36%-55.71% | -37.44%
Prior 7-Day Eod 4.89% | 8.20%4.79% | 12.86%
Current vs 7-Day Eod +18.62% | +17.02%+21.16% | +9.62%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 33.99% | 12.90%
Calls: 18.75% | 12.90%
Puts: 49.23% | 0.00%
Prior 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Current vs Prior -51.94% | -71.99%
Prior 7-Day Avg 46.63% | 50.77%
Calls: 37.48% | 36.24%
Puts: 55.78% | 65.31%
Current vs 7-Day Avg -27.11% | -74.59%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 100% of dollar volume in calls ($146.4K) vs puts ($462). Extreme bullish P/C ratio of 0.00 - heavy call buying (6,013 calls vs 16 puts). P/C ratio dropping 99% - sentiment shifting bullish. Call-heavy open interest (131,035 calls vs 73,500 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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
09:40BULLISHBULLISHBULLISH
09:35BULLISHBULLISHBULLISH

📈 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. 3 found (avg $0.21, cheapest $0.16)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Aug 210.150.18$0.1618.8%2690.38625
$9.00Aug 280.150.17$0.1612.5%3.3K0.28295
$8.50Aug 280.290.33$0.3112.9%200.47218
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 20 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 211.231.53$1.3821.7%351.0073
$7.50Aug 210.621.05$0.8451.2%11.00198
$8.00Aug 210.350.53$0.4440.9%1061.001.4K
$7.00Sep 181.321.61$1.4719.7%10.9173
$7.50Aug 280.691.55$1.1276.8%--0.85110
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 211.421.93$1.6730.5%--0.9419
$9.00Aug 210.540.90$0.7250.0%--0.85266
$10.00Sep 181.552.00$1.7825.3%--0.8010
$9.00Aug 280.301.25$0.78121.8%--0.71102
$8.50Aug 210.170.49$0.3397.0%--0.63165

Most actively traded options today. High liquidity = easy entry/exit. 17 active (total vol 5.7K, top 3.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.150.17$0.1612.5%3.3K0.28295
$9.00Aug 210.030.05$0.0450.0%1.4K0.14548
$10.00Sep 180.090.20$0.1573.3%5050.181.4K
$8.50Aug 210.150.18$0.1618.8%2690.38625
$8.00Aug 210.350.53$0.4440.9%1061.001.4K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.030.07$0.0580.0%30.214.6K

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 25.4%, max 26.4%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Sep 2580.2%64.5%24.4%269646
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Oct 280.2%63.5%26.4%--206

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 15 found (best R:R 2.85, avg 1.81)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.00$8.50Sep 25$0.13$0.37$0.1365%2.85$8.13
$8.50$9.00Sep 25$0.12$0.38$0.1253%3.17$8.62
$8.00$9.00Sep 18$0.36$0.64$0.3662%1.78$8.36
$8.00$8.50Aug 21$0.28$0.22$0.28100%0.79$8.28
$8.00$8.50Aug 28$0.24$0.26$0.2471%1.08$8.24
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.00$8.00Sep 18$1.33$0.67$1.3380%0.50$8.67
$8.50$8.00Aug 21$0.28$0.22$0.2863%0.79$8.22
$9.00$8.00Aug 28$0.62$0.38$0.6271%0.61$8.38
$8.00$7.00Sep 18$0.34$0.66$0.3439%1.94$7.66
$7.50$7.00Sep 4$0.30$0.20$0.3027%0.67$7.20

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 8 found (best R:R 1.50, avg 0.78)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.00$9.50Sep 4$0.36$0.36$0.1456%2.57$9.36
$9.00$9.50Aug 28$0.11$0.11$0.3972%0.28$9.11
$8.50$9.00Aug 21$0.12$0.12$0.3862%0.32$8.62
$9.00$10.00Sep 18$0.23$0.23$0.7763%0.30$9.23
$8.50$9.00Aug 28$0.15$0.15$0.3553%0.43$8.65
BULL PUT (2)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$7.50$7.00Sep 4$0.30$0.30$0.2073%1.50$7.20
$8.00$7.00Sep 18$0.34$0.34$0.6661%0.52$7.66

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.12, cheapest $0.10)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Aug 28$0.1580.2%67.7%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Sep 4$0.1080.2%59.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 7 found (cheapest 5.81% of stock, avg 9.17%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.00Aug 21$0.44$0.05$0.49$7.51$8.495.81%
$8.50Aug 21$0.16$0.33$0.49$8.01$8.995.81%
$8.00Aug 28$0.55$0.16$0.71$7.29$8.718.41%
$9.00Aug 21$0.04$0.72$0.76$8.24$9.769.00%
$8.50Sep 4$0.41$0.43$0.84$7.66$9.349.95%
$9.00Aug 28$0.16$0.78$0.94$8.06$9.9411.14%
$8.00Sep 18$0.74$0.45$1.19$6.81$9.1914.10%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 37 found (cheapest 0.59% of stock, avg 4.87%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$9.50$7.00Aug 21$0.02$0.03$0.05$6.95$9.55
$10.00$7.00Aug 21$0.02$0.03$0.05$6.95$10.05
$9.50$7.50Aug 21$0.02$0.03$0.05$7.45$9.55
$10.00$7.50Aug 21$0.02$0.03$0.05$7.45$10.05
$9.00$7.50Aug 21$0.04$0.03$0.07$7.43$9.07
$9.00$7.00Aug 21$0.04$0.03$0.07$6.93$9.07
$9.50$8.00Aug 21$0.02$0.05$0.07$7.93$9.57
$10.00$8.00Aug 21$0.02$0.05$0.07$7.93$10.07
$9.00$8.00Aug 21$0.04$0.05$0.09$7.91$9.09
$9.50$7.50Aug 28$0.05$0.08$0.13$7.37$9.63

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 2.13, cheapest $0.09)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Aug 21$0.16$0.3486%2.13
$8.00$9.00$10.00Sep 18$0.13$0.8744%6.69
$7.50$8.00$8.50Aug 21$0.12$0.3862%3.17
$8.00$8.50$9.00Aug 28$0.09$0.4142%4.56
$7.00$8.00$9.00Sep 18$0.37$0.6354%1.70
PUTS (3)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Aug 21$0.11$0.3964%3.55
$7.50$8.00$8.50Aug 21$0.26$0.2454%0.92
$7.00$7.50$8.00Aug 28$0.38$0.127%0.32

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 20 found (best net $-0.30, 8 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$7.501:2Aug 21-$0.30$0.20
$8.00$8.501:2Sep 4-$0.09$0.41
$8.00$8.501:2Aug 28-$0.07$0.43
$7.50$8.001:2Sep 11-$0.26$0.24
$7.50$8.001:2Sep 4-$0.32$0.18
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.50$7.501:2Sep 4-$0.33$0.67
$10.00$9.001:2Aug 21$0.23$0.77
$9.00$8.501:2Aug 21$0.06$0.44
$10.00$8.001:2Sep 18$0.88$1.12
$9.00$8.001:2Aug 28$0.46$0.54

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 8 found (best yield 3.79%, avg 2.34%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Sep 18$0.320.376.6%3.79%10.43%--236
$9.00Sep 4$0.150.446.6%1.78%8.41%--43
$10.00Sep 18$0.090.1818.5%1.07%19.55%5051.4K
$8.50Sep 25$0.300.530.7%3.55%4.27%--21
$8.50Aug 28$0.290.470.7%3.44%4.15%20218
$9.00Aug 28$0.150.286.6%1.78%8.41%3.3K295
$8.50Aug 21$0.150.380.7%1.78%2.49%269625
$8.50Sep 11$0.130.460.7%1.54%2.25%--33

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 6,013
Total Puts 16
Put/Call Ratio 0.00
Net Difference 5,997

Prior's Put/Call Breakdown

Total Calls 4,723
Total Puts 1,524
Put/Call Ratio 0.32
Net Difference 3,199

Prior 7-Day Put/Call Summary

Total Calls 97,931
Total Puts 15,763
Average Put/Call Ratio 0.16
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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