Tour v512
NVAX
NOVAVAX INC
$8.52 +7.44%
8/19 09:55

Option Volume

Detail
Current (08/19 9:55am) 12,297
Calls: 12,256 (100%)
Puts: 41 (0%)
Prior (02/24) 6,247
Calls: 4,723 (76%)
Puts: 1,524 (24%)
Current vs Prior +96.85%
Calls: +159.50% (Calls)
Puts: -97.31% (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 -24.29%
Calls: -12.40%
Puts: -98.18%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/19 9:55am) $541.5K
Calls: $539.0K (100%)
Puts: $2.4K (0%)
Prior (02/24) $288.4K
Calls: $242.6K (84%)
Puts: $45.8K (16%)
Current vs Prior +87.74%
Calls: +122.17%
Puts: -94.68%
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 -59.69%
Calls: -55.35%
Puts: -98.21%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/19 9:55am) 0.00
Prior (02/24) 0.32
Current vs Prior -98.96%
Prior 7-Day Average 0.16
Current vs Prior 7-Day Avg -98.00%
Sentiment BULLISH

Open Interest

Detail
Current (08/19 9:55am) 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 6.81% | 10.68%6.81% | 16.55%
Prior 4.89% | 8.20%10.32% | 20.77%
Current vs Prior +39.09% | +30.24%-34.02% | -20.31%
Prior 7-Day Avg 10.23% | 13.98%13.11% | 22.54%
Current vs 7-Day Avg -33.45% | -23.61%-48.07% | -26.57%
Prior 7-Day Eod 4.89% | 8.20%4.79% | 12.86%
Current vs 7-Day Eod +39.09% | +30.24%+42.06% | +28.66%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 34.61% | 39.02%
Calls: 20.00% | 39.02%
Puts: 49.23% | 0.00%
Prior 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Current vs Prior -51.06% | -15.27%
Prior 7-Day Avg 46.63% | 50.77%
Calls: 37.48% | 36.24%
Puts: 55.78% | 65.31%
Current vs 7-Day Avg -25.78% | -23.15%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 100% of dollar volume in calls ($539.0K) vs puts ($2.4K). Elevated premium activity with dollar volume up 88% vs prior. Above-average activity with volume up 97% vs prior. Extreme bullish P/C ratio of 0.00 - heavy call buying (12,256 calls vs 41 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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
09:55BULLISHBULLISHBULLISH
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. -- found (avg $--, cheapest $--)

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 24 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 211.251.76$1.5133.8%401.0073
$7.50Aug 210.621.25$0.9467.0%141.00198
$8.00Aug 210.470.61$0.5425.9%1270.941.4K
$7.00Sep 181.321.81$1.5731.2%10.9173
$7.50Aug 280.691.55$1.1276.8%--0.86110
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 211.421.93$1.6730.5%--0.9319
$10.00Aug 281.481.90$1.6924.9%10.781
$10.00Sep 181.552.00$1.7825.3%--0.7810
$9.00Aug 210.500.90$0.7057.1%--0.75266
$10.00Oct 21.412.24$1.8345.4%60.66--

Most actively traded options today. High liquidity = easy entry/exit. 25 active (total vol 10.4K, top 4.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.220.30$0.2630.8%4.9K0.37295
$9.00Aug 210.080.10$0.0922.2%3.5K0.24548
$10.00Sep 180.090.25$0.1794.1%5440.201.4K
$8.50Aug 210.220.27$0.2520.0%4620.48625
$8.50Aug 280.330.49$0.4139.0%3810.55218
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.030.10$0.07100.0%150.204.6K
$9.00Sep 250.781.28$1.0348.5%60.575
$10.00Oct 21.412.24$1.8345.4%60.66--
$10.00Aug 281.481.90$1.6924.9%10.781

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 56.2%, max 78.6%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Sep 25105.2%58.9%78.6%462646
$9.00Aug 21Sep 25112.4%71.3%57.6%3.5K1.0K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Oct 2105.2%64.1%64.1%--206
$9.00Aug 21Sep 25112.4%71.3%57.6%6271
$8.00Aug 21Sep 1881.6%66.4%23.0%154.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 17 found (best R:R 1.17, avg 1.57)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.00$8.50Aug 28$0.23$0.27$0.2373%1.17$8.23
$8.00$8.50Aug 21$0.29$0.21$0.2994%0.72$8.29
$8.00$9.00Sep 18$0.42$0.58$0.4264%1.38$8.42
$8.50$9.00Sep 4$0.14$0.36$0.1452%2.57$8.64
$8.50$9.00Aug 28$0.15$0.35$0.1555%2.33$8.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.00$7.50Sep 25$0.55$0.95$0.5557%1.73$8.45
$8.50$7.50Sep 4$0.28$0.72$0.2848%2.57$8.22
$10.00$8.00Sep 18$1.33$0.67$1.3378%0.50$8.67
$9.00$8.00Aug 28$0.52$0.48$0.5263%0.92$8.48
$8.50$8.00Aug 21$0.26$0.24$0.2653%0.92$8.24

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 6 found (best R:R 5.67, avg 1.39)

BEAR CALL (3)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.00$10.00Sep 11$0.85$0.85$0.1553%5.67$9.85
$9.00$9.50Aug 28$0.13$0.13$0.3763%0.35$9.13
$9.00$10.00Sep 18$0.25$0.25$0.7560%0.33$9.25
BULL PUT (3)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.00$7.00Sep 18$0.34$0.34$0.6664%0.52$7.66
$8.50$8.00Aug 21$0.26$0.26$0.2447%1.08$8.24
$8.50$7.50Sep 4$0.28$0.28$0.7252%0.39$8.22

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.13, cheapest $0.10)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Aug 28$0.16105.2%97.0%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Sep 4$0.10105.2%58.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 6.81% of stock, avg 10.93%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.50Aug 21$0.25$0.33$0.58$7.92$9.086.81%
$8.00Aug 21$0.54$0.07$0.61$7.39$8.617.16%
$9.00Aug 21$0.09$0.70$0.79$8.21$9.799.27%
$8.00Aug 28$0.64$0.18$0.82$7.18$8.829.62%
$8.50Sep 4$0.43$0.43$0.86$7.64$9.3610.09%
$9.00Aug 28$0.26$0.70$0.96$8.04$9.9611.27%
$8.00Sep 18$0.84$0.45$1.29$6.71$9.2915.14%
$9.00Sep 25$0.51$1.03$1.54$7.46$10.5418.08%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 35 found (cheapest 0.59% of stock, avg 4.80%)

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$0.04$0.03$0.07$7.43$9.57
$9.50$7.00Aug 21$0.04$0.03$0.07$6.93$9.57
$10.00$8.00Aug 21$0.02$0.07$0.09$7.91$10.09
$9.50$8.00Aug 21$0.04$0.07$0.11$7.89$9.61
$9.00$7.50Aug 21$0.09$0.03$0.12$7.38$9.12
$9.00$7.00Aug 21$0.09$0.03$0.12$6.88$9.12
$9.00$8.00Aug 21$0.09$0.07$0.16$7.84$9.16
$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 2.85, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Aug 21$0.13$0.3771%2.85
$8.00$9.00$10.00Sep 18$0.17$0.8344%4.88
$7.50$8.00$8.50Aug 21$0.11$0.3952%3.55
$7.00$8.00$9.00Sep 18$0.31$0.6952%2.23
$8.00$8.50$9.00Aug 28$0.08$0.4236%5.25
PUTS (4)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Aug 21$0.11$0.3955%3.55
$7.50$8.00$8.50Aug 21$0.22$0.2845%1.27
$8.00$9.00$10.00Aug 28$0.47$0.5351%1.13
$7.00$7.50$8.00Aug 28$0.40$0.106%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
$7.50$8.001:2Aug 21-$0.14$0.36
$7.50$8.001:2Sep 4-$0.12$0.38
$7.50$8.001:2Aug 28-$0.16$0.34
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$0.07$1.43
$10.00$8.501:2Oct 2$0.37$1.13
$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. 7 found (best yield 4.81%, avg 2.41%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Sep 25$0.410.415.6%4.81%10.45%5493
$9.00Sep 18$0.350.405.6%4.11%9.74%2236
$9.00Aug 28$0.220.375.6%2.58%8.22%4.9K295
$10.00Sep 18$0.090.2017.4%1.06%18.43%5441.4K
$9.00Sep 4$0.180.375.6%2.11%7.75%543
$10.00Sep 11$0.110.1617.4%1.29%18.66%31
$9.00Aug 21$0.080.245.6%0.94%6.57%3.5K548

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 12,256
Total Puts 41
Put/Call Ratio 0.00
Net Difference 12,215

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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