Tour v512
NVAX
NOVAVAX INC
$8.46 +6.68%
8/19 09:50

Option Volume

Detail
Current (08/19 9:50am) 9,508
Calls: 9,471 (100%)
Puts: 37 (0%)
Prior (02/24) 6,247
Calls: 4,723 (76%)
Puts: 1,524 (24%)
Current vs Prior +52.20%
Calls: +100.53% (Calls)
Puts: -97.57% (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 -41.46%
Calls: -32.30%
Puts: -98.36%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/19 9:50am) $307.7K
Calls: $305.5K (99%)
Puts: $2.2K (1%)
Prior (02/24) $288.4K
Calls: $242.6K (84%)
Puts: $45.8K (16%)
Current vs Prior +6.70%
Calls: +25.93%
Puts: -95.23%
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 -77.09%
Calls: -74.69%
Puts: -98.39%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/19 9:50am) 0.00
Prior (02/24) 0.32
Current vs Prior -98.79%
Prior 7-Day Average 0.16
Current vs Prior 7-Day Avg -97.63%
Sentiment BULLISH

Open Interest

Detail
Current (08/19 9:50am) 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 6.38% | 10.17%6.38% | 15.25%
Prior 4.89% | 8.20%10.32% | 20.77%
Current vs Prior +30.42% | +23.95%-38.13% | -26.58%
Prior 7-Day Avg 10.23% | 13.98%13.11% | 22.54%
Current vs 7-Day Avg -37.60% | -27.30%-51.31% | -32.35%
Prior 7-Day Eod 4.89% | 8.20%4.79% | 12.86%
Current vs 7-Day Eod +30.42% | +23.95%+33.20% | +18.55%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 34.14% | 30.56%
Calls: 19.05% | 30.56%
Puts: 49.23% | 0.00%
Prior 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Current vs Prior -51.73% | -33.64%
Prior 7-Day Avg 46.63% | 50.77%
Calls: 37.48% | 36.24%
Puts: 55.78% | 65.31%
Current vs 7-Day Avg -26.79% | -39.81%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 99% of dollar volume in calls ($305.5K) vs puts ($2.2K). Above-average activity with volume up 52% vs prior. Extreme bullish P/C ratio of 0.00 - heavy call buying (9,471 calls vs 37 puts). P/C ratio dropping 99% - sentiment shifting bullish.

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
09:50BULLISHBULLISHBULLISH
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. 2 found (avg $0.43, cheapest $0.21)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Aug 210.190.23$0.2119.0%3860.45625
$8.00Aug 280.600.70$0.6515.4%1590.71490
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 23 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 211.251.76$1.5133.8%401.0073
$7.50Aug 210.621.05$0.8451.2%11.00198
$7.00Sep 181.321.81$1.5731.2%10.8973
$7.50Aug 280.691.55$1.1276.8%--0.86110
$7.50Sep 40.751.93$1.3488.1%--0.8115
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 211.421.93$1.6730.5%--0.9419
$9.00Aug 210.500.90$0.7057.1%--0.81266
$10.00Sep 181.552.00$1.7825.3%--0.7910
$10.00Aug 281.481.90$1.6924.9%10.791
$9.00Aug 280.301.10$0.70114.3%--0.67102

Most actively traded options today. High liquidity = easy entry/exit. 23 active (total vol 8.7K, top 4.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.200.25$0.2321.7%4.8K0.34295
$9.00Aug 210.050.07$0.0633.3%2.2K0.18548
$10.00Sep 180.090.25$0.1794.1%5440.201.4K
$8.50Aug 210.190.23$0.2119.0%3860.45625
$8.50Aug 280.300.41$0.3630.6%2360.51218
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.030.15$0.09133.3%140.244.6K
$10.00Oct 21.412.24$1.8345.4%60.66--
$9.00Sep 251.001.29$1.1525.2%30.585
$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 47.0%, max 67.3%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Sep 2599.6%59.5%67.3%386646
$8.00Aug 21Sep 2590.1%59.1%52.3%1261.4K
$9.00Aug 21Sep 2595.7%71.7%33.5%2.2K1.0K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Oct 299.6%63.5%56.9%--206
$8.00Aug 21Sep 1890.1%65.1%38.4%144.7K
$9.00Aug 21Sep 2595.7%71.7%33.5%3271

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 16 found (best R:R 1.38, avg 1.66)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.00$9.00Sep 18$0.42$0.58$0.4263%1.38$8.42
$8.50$9.00Aug 28$0.13$0.37$0.1351%2.85$8.63
$8.00$8.50Aug 21$0.29$0.21$0.2980%0.72$8.29
$8.50$9.00Sep 4$0.17$0.33$0.1752%1.94$8.67
$8.00$8.50Aug 28$0.29$0.21$0.2971%0.72$8.29
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.50$7.50Sep 4$0.28$0.72$0.2848%2.57$8.22
$9.00$8.00Aug 28$0.52$0.48$0.5266%0.92$8.48
$10.00$8.00Sep 18$1.33$0.67$1.3379%0.50$8.67
$9.00$7.50Sep 25$0.67$0.83$0.6758%1.24$8.33
$8.50$8.00Aug 21$0.24$0.26$0.2455%1.08$8.26

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 6 found (best R:R 0.52, avg 0.40)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.50$9.00Aug 21$0.15$0.15$0.3555%0.43$8.65
$9.00$10.00Sep 18$0.25$0.25$0.7561%0.33$9.25
$9.00$9.50Aug 28$0.10$0.10$0.4066%0.25$9.10
$8.50$9.00Sep 4$0.17$0.17$0.3348%0.52$8.67
$8.50$9.00Aug 28$0.13$0.13$0.3749%0.35$8.63
BULL PUT (1)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.00$7.00Sep 18$0.34$0.34$0.6663%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$0.1599.6%69.3%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Sep 4$0.1099.6%58.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 6.38% of stock, avg 11.02%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.50Aug 21$0.21$0.33$0.54$7.96$9.046.38%
$8.00Aug 21$0.50$0.09$0.59$7.41$8.596.97%
$9.00Aug 21$0.06$0.70$0.76$8.24$9.768.98%
$8.00Aug 28$0.65$0.18$0.83$7.17$8.839.81%
$8.50Sep 4$0.43$0.43$0.86$7.64$9.3610.17%
$9.00Aug 28$0.23$0.70$0.93$8.07$9.9310.99%
$8.00Sep 18$0.84$0.45$1.29$6.71$9.2915.25%
$9.00Sep 25$0.51$1.15$1.66$7.34$10.6619.62%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 35 found (cheapest 0.59% of stock, avg 4.86%)

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
$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
$10.00$8.00Aug 21$0.02$0.09$0.11$7.89$10.11
$9.50$8.00Aug 21$0.03$0.09$0.12$7.88$9.62
$9.00$8.00Aug 21$0.06$0.09$0.15$7.85$9.15
$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. 20 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.50$8.00$8.50Aug 21$0.05$0.4555%9.00
$8.00$9.00$10.00Sep 18$0.17$0.8343%4.88
$8.00$8.50$9.00Aug 21$0.14$0.3662%2.57
$7.00$8.00$9.00Sep 18$0.31$0.6950%2.23
$8.50$9.00$9.50Aug 21$0.12$0.3837%3.17
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Aug 21$0.13$0.3757%2.85
$7.00$7.50$8.00Aug 21$0.06$0.4419%7.33
$7.50$8.00$8.50Aug 21$0.18$0.3248%1.78
$8.00$9.00$10.00Aug 28$0.47$0.5350%1.13
$7.00$7.50$8.00Aug 28$0.40$0.107%0.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 27 found (best net $-0.11, 15 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$8.001:2Aug 21-$0.16$0.34
$7.50$8.001:2Sep 4-$0.12$0.38
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
$10.00$8.501:2Oct 2$0.37$1.13
$9.00$7.501:2Sep 25$0.19$1.31
$10.00$8.001:2Sep 18$0.88$1.12

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 10 found (best yield 4.85%, avg 2.65%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Sep 25$0.410.416.4%4.85%11.23%4493
$9.00Sep 18$0.350.396.4%4.14%10.52%--236
$10.00Sep 18$0.090.2018.2%1.06%19.27%5441.4K
$9.00Aug 28$0.200.346.4%2.36%8.75%4.8K295
$9.00Sep 4$0.170.366.4%2.01%8.39%543
$8.50Aug 28$0.300.510.5%3.55%4.02%236218
$8.50Sep 25$0.300.500.5%3.55%4.02%--21
$8.50Aug 21$0.190.450.5%2.25%2.72%386625
$8.50Sep 11$0.130.450.5%1.54%2.01%--33
$8.50Sep 4$0.100.520.5%1.18%1.65%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 9,471
Total Puts 37
Put/Call Ratio 0.00
Net Difference 9,434

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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