Tour v512
NVAX
NOVAVAX INC
$8.54 +7.69%
8/19 10:05

Option Volume

Detail
Current (08/19 10:05am) 19,533
Calls: 18,424 (94%)
Puts: 1,109 (6%)
Prior (02/24) 6,247
Calls: 4,723 (76%)
Puts: 1,524 (24%)
Current vs Prior +212.68%
Calls: +290.09% (Calls)
Puts: -27.23% (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 +20.26%
Calls: +31.69%
Puts: -50.75%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/19 10:05am) $842.9K
Calls: $829.0K (98%)
Puts: $14.0K (2%)
Prior (02/24) $288.4K
Calls: $242.6K (84%)
Puts: $45.8K (16%)
Current vs Prior +192.27%
Calls: +241.66%
Puts: -69.49%
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 -37.25%
Calls: -31.33%
Puts: -89.74%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/19 10:05am) 0.06
Prior (02/24) 0.32
Current vs Prior -81.35%
Prior 7-Day Average 0.16
Current vs Prior 7-Day Avg -63.46%
Sentiment BULLISH

Open Interest

Detail
Current (08/19 10:05am) 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 6.21% | 11.36%6.21% | 16.98%
Prior 4.89% | 8.20%10.32% | 20.77%
Current vs Prior +26.81% | +38.50%-39.85% | -18.24%
Prior 7-Day Avg 10.23% | 13.98%13.11% | 22.54%
Current vs 7-Day Avg -39.33% | -18.77%-52.66% | -24.67%
Prior 7-Day Eod 4.89% | 8.20%4.79% | 12.86%
Current vs 7-Day Eod +26.81% | +38.50%+29.51% | +32.00%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 44.05% | 10.64%
Calls: 29.63% | 10.64%
Puts: 58.46% | 0.00%
Prior 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Current vs Prior -37.71% | -76.89%
Prior 7-Day Avg 46.63% | 50.77%
Calls: 37.48% | 36.24%
Puts: 55.78% | 65.31%
Current vs 7-Day Avg -5.54% | -79.04%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 98% of dollar volume in calls ($829.0K) vs puts ($14.0K). Massive premium surge with dollar volume up 192% vs prior. Unusually high activity with volume up 213% vs prior - elevated interest. Extreme bullish P/C ratio of 0.06 - heavy call buying (18,424 calls vs 1,109 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
10:05BULLISHBULLISHBULLISH
10:00BULLISHBULLISHBULLISH
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 1 of results (avg 6.9%, best 6.9%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.280.30$0.296.9%7.1K0.41295
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.35, cheapest $0.06)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Aug 210.050.06$0.0616.7%1250.14561
$9.00Aug 280.280.30$0.296.9%7.1K0.41295
$8.00Aug 210.530.64$0.5918.6%1400.831.4K
$8.50Aug 280.440.49$0.4710.6%4220.59218
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 25 found (avg delta 0.73, highest 0.95)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 211.251.77$1.5134.4%410.9573
$7.50Aug 210.951.24$1.1026.4%160.95198
$7.00Sep 181.321.82$1.5731.8%10.9073
$7.50Aug 280.701.54$1.1275.0%10.89110
$7.50Sep 40.751.93$1.3488.1%--0.8415
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 281.451.90$1.6726.9%10.951
$10.00Aug 211.371.92$1.6533.3%--0.9419
$9.00Aug 210.470.90$0.6962.3%--0.74266
$10.00Oct 21.412.24$1.8345.4%60.71--
$10.00Sep 181.552.00$1.7825.3%--0.6910

Most actively traded options today. High liquidity = easy entry/exit. 30 active (total vol 15.6K, top 7.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.280.30$0.296.9%7.1K0.41295
$9.00Aug 210.090.12$0.1127.3%4.1K0.26548
$10.00Sep 180.210.51$0.3683.3%1.3K0.301.4K
$8.50Aug 210.230.31$0.2729.6%6460.52625
$8.50Aug 280.440.49$0.4710.6%4220.59218
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Sep 180.050.16$0.11100.0%1.0K0.131.1K
$8.00Aug 210.040.09$0.0771.4%790.194.6K
$9.00Sep 250.781.28$1.0348.5%60.545
$10.00Oct 21.412.24$1.8345.4%60.71--
$10.00Aug 281.451.90$1.6726.9%10.951

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 40.8%, max 55.8%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Sep 2599.0%63.6%55.8%649646
$9.00Aug 21Sep 25104.3%73.6%41.6%4.1K1.0K
$8.00Aug 21Sep 2591.8%66.2%38.6%1421.4K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.00Aug 21Sep 25104.3%73.6%41.6%6271
$8.00Aug 21Sep 1891.8%68.2%34.7%794.7K
$8.50Aug 21Oct 299.0%74.7%32.6%--206

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 19 found (best R:R 9.00, avg 2.18)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.00$10.00Sep 18$0.10$0.90$0.1041%9.00$9.10
$8.00$8.50Sep 25$0.12$0.38$0.1266%3.17$8.12
$8.00$8.50Sep 4$0.15$0.35$0.1570%2.33$8.15
$8.00$9.00Sep 18$0.38$0.62$0.3865%1.63$8.38
$8.50$9.00Sep 25$0.13$0.37$0.1355%2.85$8.63
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.00$7.50Sep 25$0.55$0.95$0.5554%1.73$8.45
$9.00$8.00Aug 28$0.44$0.56$0.4462%1.27$8.56
$8.50$7.50Sep 4$0.29$0.71$0.2944%2.45$8.21
$8.50$8.00Aug 21$0.19$0.31$0.1948%1.63$8.31
$8.00$7.00Sep 18$0.34$0.66$0.3435%1.94$7.66

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 7 found (best R:R 2.57, avg 0.73)

BEAR CALL (4)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.00$10.00Sep 11$0.72$0.72$0.2850%2.57$9.72
$9.00$9.50Sep 4$0.19$0.19$0.3157%0.61$9.19
$9.50$10.00Aug 28$0.11$0.11$0.3972%0.28$9.61
$9.00$10.00Sep 18$0.10$0.10$0.9059%0.11$9.10
BULL PUT (3)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.00$7.00Sep 18$0.34$0.34$0.6665%0.52$7.66
$8.50$8.00Aug 21$0.19$0.19$0.3152%0.61$8.31
$8.50$7.50Sep 4$0.29$0.29$0.7156%0.41$8.21

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.18, cheapest $0.17)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Aug 28$0.2099.0%106.0%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Sep 4$0.1799.0%68.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 6.21% of stock, avg 11.33%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.50Aug 21$0.27$0.26$0.53$7.97$9.036.21%
$8.00Aug 21$0.59$0.07$0.66$7.34$8.667.73%
$9.00Aug 21$0.11$0.69$0.80$8.20$9.809.37%
$8.00Aug 28$0.72$0.18$0.90$7.10$8.9010.54%
$9.00Aug 28$0.29$0.62$0.91$8.09$9.9110.66%
$8.50Sep 4$0.58$0.43$1.01$7.49$9.5111.83%
$8.00Sep 18$0.84$0.45$1.29$6.71$9.2915.11%
$9.00Sep 25$0.61$1.03$1.64$7.36$10.6419.20%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 34 found (cheapest 0.59% of stock, avg 5.00%)

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$0.06$0.03$0.09$7.41$9.59
$9.50$7.00Aug 21$0.06$0.03$0.09$6.91$9.59
$10.00$8.00Aug 21$0.02$0.07$0.09$7.91$10.09
$9.50$8.00Aug 21$0.06$0.07$0.13$7.87$9.63
$10.00$7.50Aug 28$0.08$0.08$0.16$7.34$10.16
$9.00$7.50Aug 21$0.11$0.03$0.14$7.36$9.14
$9.00$7.00Aug 21$0.11$0.03$0.14$6.86$9.14
$9.00$8.00Aug 21$0.11$0.07$0.18$7.82$9.18

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. 14 found (best R:R 6.14, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Aug 28$0.07$0.4335%6.14
$8.00$8.50$9.00Aug 21$0.16$0.3457%2.13
$8.50$9.00$9.50Aug 28$0.08$0.4231%5.25
$8.50$9.00$9.50Aug 21$0.11$0.3938%3.55
$7.00$8.00$9.00Sep 18$0.35$0.6548%1.86
PUTS (4)
LowMidHighExpiryDebitMax GainPOPR:R
$7.50$8.00$8.50Aug 21$0.15$0.3541%2.33
$8.00$8.50$9.00Aug 21$0.24$0.2655%1.08
$8.00$9.00$10.00Aug 28$0.61$0.3969%0.64
$7.00$7.50$8.00Aug 28$0.40$0.105%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. 26 found (best net $-0.11, 14 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$8.001:2Sep 18-$0.11$0.89
$8.00$9.001:2Sep 18-$0.08$0.92
$7.50$8.001:2Aug 21-$0.08$0.42
$7.50$8.001:2Sep 4-$0.12$0.38
$8.50$9.001:2Aug 28-$0.11$0.39
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$9.001:2Aug 21$0.27$0.73
$9.00$7.501:2Sep 25$0.07$1.43
$10.00$8.501:2Oct 2$0.37$1.13
$10.00$9.001:2Aug 28$0.43$0.57
$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. 8 found (best yield 2.46%, avg 2.81%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.00Sep 18$0.210.3017.1%2.46%19.56%1.3K1.4K
$9.00Sep 25$0.420.465.4%4.92%10.30%5493
$10.00Sep 11$0.160.2617.1%1.87%18.97%401
$9.00Sep 4$0.320.435.4%3.75%9.13%543
$9.00Sep 18$0.320.415.4%3.75%9.13%11236
$9.00Aug 28$0.280.415.4%3.28%8.67%7.1K295
$9.50Aug 28$0.120.2811.2%1.41%12.65%1150
$9.00Aug 21$0.090.265.4%1.05%6.44%4.1K548

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 18,424
Total Puts 1,109
Put/Call Ratio 0.06
Net Difference 17,315

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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