Tour v512
NVAX
NOVAVAX INC
$8.34 +5.19%
8/19 09:45

Option Volume

Detail
Current (08/19 9:45am) 8,200
Calls: 8,180 (100%)
Puts: 20 (0%)
Prior (02/24) 6,247
Calls: 4,723 (76%)
Puts: 1,524 (24%)
Current vs Prior +31.26%
Calls: +73.20% (Calls)
Puts: -98.69% (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 -49.51%
Calls: -41.53%
Puts: -99.11%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/19 9:45am) $244.8K
Calls: $243.9K (100%)
Puts: $946 (0%)
Prior (02/24) $288.4K
Calls: $242.6K (84%)
Puts: $45.8K (16%)
Current vs Prior -15.12%
Calls: +0.51%
Puts: -97.93%
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 -81.78%
Calls: -79.80%
Puts: -99.30%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/19 9:45am) 0.00
Prior (02/24) 0.32
Current vs Prior -99.24%
Prior 7-Day Average 0.16
Current vs Prior 7-Day Avg -98.54%
Sentiment BULLISH

Open Interest

Detail
Current (08/19 9:45am) 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 6.24% | 9.59%6.24% | 15.47%
Prior 4.89% | 8.20%10.32% | 20.77%
Current vs Prior +27.40% | +16.96%-39.57% | -25.52%
Prior 7-Day Avg 10.23% | 13.98%13.11% | 22.54%
Current vs 7-Day Avg -39.05% | -31.40%-52.44% | -31.37%
Prior 7-Day Eod 4.89% | 8.20%4.79% | 12.86%
Current vs 7-Day Eod +27.40% | +16.96%+30.12% | +20.25%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 48.30% | 33.33%
Calls: 47.37% | 33.33%
Puts: 49.23% | 0.00%
Prior 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Current vs Prior -31.70% | -27.62%
Prior 7-Day Avg 46.63% | 50.77%
Calls: 37.48% | 36.24%
Puts: 55.78% | 65.31%
Current vs 7-Day Avg +3.57% | -34.36%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 100% of dollar volume in calls ($243.9K) vs puts ($946). Extreme bullish P/C ratio of 0.00 - heavy call buying (8,180 calls vs 20 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
09:45BULLISHBULLISHBULLISH
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. -- found (avg $--, cheapest $--)

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 22 found (avg delta 0.73, highest 0.94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 211.251.76$1.5133.8%400.9373
$7.50Aug 210.621.05$0.8451.2%10.91198
$7.00Sep 181.321.81$1.5731.2%10.8773
$7.50Aug 280.691.55$1.1276.8%--0.85110
$7.50Sep 40.751.93$1.3488.1%--0.8215
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 211.421.93$1.6730.5%--0.9419
$9.00Aug 210.500.90$0.7057.1%--0.83266
$10.00Aug 281.481.90$1.6924.9%10.791
$10.00Sep 181.552.00$1.7825.3%--0.7710
$9.00Aug 280.301.10$0.70114.3%--0.69102

Most actively traded options today. High liquidity = easy entry/exit. 20 active (total vol 7.6K, top 4.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.170.24$0.2133.3%4.2K0.31295
$9.00Aug 210.050.07$0.0633.3%2.1K0.17548
$10.00Sep 180.170.25$0.2138.1%5440.231.4K
$8.50Aug 210.140.23$0.1947.4%3750.43625
$8.00Aug 210.330.46$0.4032.5%1240.801.4K
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.030.07$0.0580.0%30.204.6K
$9.00Sep 250.811.29$1.0545.7%30.575
$10.00Aug 281.481.90$1.6924.9%10.791

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 30.0%, max 59.7%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Sep 2596.1%60.2%59.7%375646
$9.00Aug 21Sep 2594.8%75.5%25.5%2.1K1.0K
$8.00Aug 21Sep 2567.6%59.3%14.0%1261.4K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Oct 296.1%63.5%51.4%--206
$9.00Aug 21Sep 2594.8%75.5%25.5%3271
$8.00Aug 21Sep 1867.6%65.1%3.9%34.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 15 found (best R:R 1.38, avg 1.65)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.00$8.50Aug 21$0.21$0.29$0.2180%1.38$8.21
$8.00$9.00Sep 18$0.42$0.58$0.4263%1.38$8.42
$9.00$10.00Sep 18$0.21$0.79$0.2139%3.76$9.21
$8.00$8.50Aug 28$0.27$0.23$0.2768%0.85$8.27
$8.00$8.50Sep 25$0.26$0.24$0.2662%0.92$8.26
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.00$7.50Sep 25$0.57$0.93$0.5758%1.63$8.43
$9.00$8.00Aug 28$0.50$0.50$0.5069%1.00$8.50
$8.50$7.50Sep 4$0.28$0.72$0.2850%2.57$8.22
$8.00$7.50Aug 28$0.12$0.38$0.1232%3.17$7.88
$10.00$8.00Sep 18$1.33$0.67$1.3377%0.50$8.67

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 5 found (best R:R 0.52, avg 0.44)

BEAR CALL (3)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.00$9.50Sep 4$0.21$0.21$0.2959%0.72$9.21
$8.50$9.00Aug 21$0.13$0.13$0.3757%0.35$8.63
$9.00$10.00Sep 18$0.21$0.21$0.7961%0.27$9.21
BULL PUT (2)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.00$7.00Sep 18$0.34$0.34$0.6663%0.52$7.66
$8.00$7.50Aug 28$0.12$0.12$0.3868%0.32$7.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.11, cheapest $0.10)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Aug 28$0.1196.1%66.3%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Sep 4$0.1096.1%57.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 5.40% of stock, avg 10.73%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.00Aug 21$0.40$0.05$0.45$7.55$8.455.40%
$8.50Aug 21$0.19$0.33$0.52$7.98$9.026.24%
$9.00Aug 21$0.06$0.70$0.76$8.24$9.769.11%
$8.00Aug 28$0.57$0.20$0.77$7.23$8.779.23%
$8.50Sep 4$0.43$0.43$0.86$7.64$9.3610.31%
$9.00Aug 28$0.21$0.70$0.91$8.09$9.9110.91%
$8.00Sep 18$0.84$0.45$1.29$6.71$9.2915.47%
$9.00Sep 25$0.55$1.05$1.60$7.40$10.6019.18%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 36 found (cheapest 0.60% of stock, avg 4.94%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.00$7.00Aug 21$0.02$0.03$0.05$6.95$10.05
$10.00$7.50Aug 21$0.02$0.03$0.05$7.45$10.05
$9.50$7.50Aug 21$0.03$0.03$0.06$7.44$9.56
$9.50$7.00Aug 21$0.03$0.03$0.06$6.94$9.56
$10.00$8.00Aug 21$0.02$0.05$0.07$7.93$10.07
$9.50$8.00Aug 21$0.03$0.05$0.08$7.92$9.58
$9.00$7.50Aug 21$0.06$0.03$0.09$7.41$9.09
$9.00$7.00Aug 21$0.06$0.03$0.09$6.91$9.09
$9.00$8.00Aug 21$0.06$0.05$0.11$7.89$9.11
$9.50$7.50Aug 28$0.13$0.08$0.21$7.29$9.71

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. 17 found (best R:R 5.25, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Aug 21$0.08$0.4263%5.25
$8.00$9.00$10.00Sep 18$0.21$0.7940%3.76
$7.00$8.00$9.00Sep 18$0.31$0.6947%2.23
$8.50$9.00$9.50Aug 21$0.10$0.4033%4.00
$7.50$8.00$8.50Aug 21$0.23$0.2748%1.17
PUTS (4)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Aug 21$0.09$0.4163%4.56
$7.50$8.00$8.50Aug 21$0.26$0.2449%0.92
$8.00$9.00$10.00Aug 28$0.49$0.5147%1.04
$7.00$7.50$8.00Aug 28$0.42$0.089%0.19

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 21 found (best net $-0.11, 12 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$8.001:2Sep 18-$0.11$0.89
$8.00$9.001:2Sep 18$0.00$1.00
$7.00$7.501:2Aug 21-$0.17$0.33
$7.50$8.001:2Sep 4-$0.12$0.38
$9.00$10.001:2Sep 18$0.00$1.00
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$9.001:2Aug 21$0.27$0.73
$10.00$9.001:2Aug 28$0.29$0.71
$9.00$7.501:2Sep 25$0.09$1.41
$10.00$8.001:2Sep 18$0.88$1.12
$9.00$8.001:2Aug 28$0.30$0.70

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 9 found (best yield 4.20%, avg 2.36%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Sep 18$0.350.397.9%4.20%12.11%--236
$10.00Sep 18$0.170.2319.9%2.04%21.94%5441.4K
$9.00Sep 4$0.160.417.9%1.92%9.83%--43
$8.50Sep 25$0.300.501.9%3.60%5.52%--21
$9.00Aug 28$0.170.317.9%2.04%9.95%4.2K295
$8.50Aug 28$0.250.471.9%3.00%4.92%33218
$8.50Aug 21$0.140.431.9%1.68%3.60%375625
$8.50Sep 11$0.130.451.9%1.56%3.48%--33
$8.50Sep 4$0.100.531.9%1.20%3.12%1484

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 8,180
Total Puts 20
Put/Call Ratio 0.00
Net Difference 8,160

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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