Tour v512
NVAX
NOVAVAX INC
$8.55 +7.82%
8/19 10:10

Option Volume

Detail
Current (08/19 10:10am) 20,367
Calls: 19,256 (95%)
Puts: 1,111 (5%)
Prior (02/24) 6,247
Calls: 4,723 (76%)
Puts: 1,524 (24%)
Current vs Prior +226.03%
Calls: +307.71% (Calls)
Puts: -27.10% (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 +25.40%
Calls: +37.64%
Puts: -50.66%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/19 10:10am) $856.5K
Calls: $842.5K (98%)
Puts: $14.0K (2%)
Prior (02/24) $288.4K
Calls: $242.6K (84%)
Puts: $45.8K (16%)
Current vs Prior +196.99%
Calls: +247.27%
Puts: -69.46%
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 -36.24%
Calls: -30.21%
Puts: -89.73%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/19 10:10am) 0.06
Prior (02/24) 0.32
Current vs Prior -82.12%
Prior 7-Day Average 0.16
Current vs Prior 7-Day Avg -64.97%
Sentiment BULLISH

Open Interest

Detail
Current (08/19 10:10am) 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 6.43% | 11.35%6.43% | 16.96%
Prior 4.89% | 8.20%10.32% | 20.77%
Current vs Prior +31.44% | +38.34%-37.65% | -18.34%
Prior 7-Day Avg 10.23% | 13.98%13.11% | 22.54%
Current vs 7-Day Avg -37.12% | -18.86%-50.93% | -24.76%
Prior 7-Day Eod 4.89% | 8.20%4.79% | 12.86%
Current vs 7-Day Eod +31.44% | +38.34%+34.24% | +31.85%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 39.58% | 12.77%
Calls: 20.69% | 12.77%
Puts: 58.46% | 0.00%
Prior 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Current vs Prior -44.03% | -72.27%
Prior 7-Day Avg 46.63% | 50.77%
Calls: 37.48% | 36.24%
Puts: 55.78% | 65.31%
Current vs 7-Day Avg -15.13% | -74.85%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 98% of dollar volume in calls ($842.5K) vs puts ($14.0K). Massive premium surge with dollar volume up 197% vs prior. Unusually high activity with volume up 226% vs prior - elevated interest. Extreme bullish P/C ratio of 0.06 - heavy call buying (19,256 calls vs 1,111 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
10:10BULLISHBULLISHBULLISH
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 3.5%, best 3.5%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.280.29$0.293.4%7.6K0.37295
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 5 found (avg $0.38, cheapest $0.12)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 210.110.13$0.1216.7%4.2K0.28548
$9.50Aug 210.050.06$0.0616.7%2470.14561
$9.00Aug 280.280.29$0.293.4%7.6K0.37295
$8.50Aug 280.440.50$0.4712.8%4220.53218
$8.00Sep 180.881.07$0.9819.4%210.651.7K
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 0.72, highest 0.94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 211.251.77$1.5134.4%410.9473
$7.50Aug 210.951.24$1.1026.4%160.94198
$7.00Sep 181.321.82$1.5731.8%10.9073
$7.50Aug 280.701.54$1.1275.0%10.88110
$7.50Sep 40.751.93$1.3488.1%--0.8415
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 211.371.92$1.6533.3%--0.9319
$10.00Aug 281.451.90$1.6726.9%10.861
$10.00Sep 181.552.00$1.7825.3%--0.7310
$9.00Aug 210.470.90$0.6962.3%--0.72266
$10.00Oct 21.412.24$1.8345.4%60.71--

Most actively traded options today. High liquidity = easy entry/exit. 31 active (total vol 16.4K, top 7.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.280.29$0.293.4%7.6K0.37295
$9.00Aug 210.110.13$0.1216.7%4.2K0.28548
$10.00Sep 180.240.30$0.2722.2%1.3K0.261.4K
$8.50Aug 210.260.32$0.2920.7%6980.53625
$10.00Aug 210.020.03$0.0333.3%4290.071.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Sep 180.050.16$0.11100.0%1.0K0.131.1K
$8.00Aug 210.040.09$0.0771.4%790.184.6K
$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%10.861

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 45.7%, max 62.5%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Sep 25102.7%63.2%62.5%701646
$9.00Aug 21Sep 25108.7%74.0%46.9%4.2K1.0K
$8.00Aug 21Sep 2593.9%65.9%42.6%1421.4K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.00Aug 21Sep 25108.7%74.0%46.9%6271
$8.00Aug 21Sep 1893.9%68.2%37.8%794.7K
$8.50Aug 21Oct 2102.7%74.7%37.4%--206

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 21 found (best R:R 0.69, avg 1.75)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$7.00$8.00Sep 18$0.59$0.41$0.5990%0.69$7.59
$8.00$8.50Sep 25$0.13$0.37$0.1366%2.85$8.13
$8.00$8.50Sep 4$0.15$0.35$0.1570%2.33$8.15
$8.50$9.00Sep 25$0.12$0.38$0.1255%3.17$8.62
$9.00$10.00Sep 18$0.19$0.81$0.1941%4.26$9.19
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.00$7.50Sep 25$0.55$0.95$0.5554%1.73$8.45
$8.50$7.50Sep 4$0.29$0.71$0.2943%2.45$8.21
$8.50$8.00Aug 21$0.19$0.31$0.1947%1.63$8.31
$9.00$8.00Aug 28$0.60$0.40$0.6063%0.67$8.40
$10.00$8.00Sep 18$1.33$0.67$1.3373%0.50$8.67

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 7 found (best R:R 0.52, avg 0.53)

BEAR CALL (4)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.50$10.00Sep 11$0.26$0.26$0.2462%1.08$9.76
$9.50$10.00Aug 28$0.11$0.11$0.3974%0.28$9.61
$9.00$9.50Sep 4$0.18$0.18$0.3257%0.56$9.18
$9.00$10.00Sep 18$0.19$0.19$0.8159%0.23$9.19
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$0.3153%0.61$8.31
$8.50$7.50Sep 4$0.29$0.29$0.7157%0.41$8.21

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

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Aug 28$0.18102.7%92.4%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Sep 4$0.17102.7%68.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 6.43% of stock, avg 11.80%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.50Aug 21$0.29$0.26$0.55$7.95$9.056.43%
$8.00Aug 21$0.60$0.07$0.67$7.33$8.677.84%
$9.00Aug 21$0.12$0.69$0.81$8.19$9.819.47%
$8.00Aug 28$0.71$0.18$0.89$7.11$8.8910.41%
$8.50Sep 4$0.58$0.43$1.01$7.49$9.5111.81%
$9.00Aug 28$0.29$0.78$1.07$7.93$10.0712.51%
$8.00Sep 18$0.98$0.45$1.43$6.57$9.4316.73%
$9.00Sep 25$0.61$1.03$1.64$7.36$10.6419.18%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 35 found (cheapest 0.70% of stock, avg 5.14%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.00$7.50Aug 21$0.03$0.03$0.06$7.44$10.06
$10.00$7.00Aug 21$0.03$0.03$0.06$6.94$10.06
$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$0.03$0.07$0.10$7.90$10.10
$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$0.12$0.03$0.15$7.35$9.15
$9.00$7.00Aug 21$0.12$0.03$0.15$6.85$9.15
$9.00$8.00Aug 21$0.12$0.07$0.19$7.81$9.19

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 13.29, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.00$8.00$9.00Sep 18$0.07$0.9349%13.29
$8.00$8.50$9.00Aug 28$0.06$0.4436%7.33
$8.00$8.50$9.00Aug 21$0.14$0.3655%2.57
$8.50$9.00$9.50Aug 21$0.11$0.3939%3.55
$8.50$9.00$9.50Aug 28$0.08$0.4227%5.25
PUTS (4)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$9.00$10.00Aug 28$0.29$0.7158%2.45
$7.50$8.00$8.50Aug 21$0.15$0.3540%2.33
$8.00$8.50$9.00Aug 21$0.24$0.2654%1.08
$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. 25 found (best net $-0.39, 14 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$8.001:2Sep 18-$0.39$0.61
$7.50$8.001:2Aug 21-$0.10$0.40
$7.50$8.001:2Sep 4-$0.12$0.38
$9.00$10.001:2Sep 18-$0.08$0.92
$9.00$9.501:2Sep 11-$0.07$0.43
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$9.001:2Aug 28$0.11$0.89
$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$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. 9 found (best yield 4.91%, avg 2.73%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Sep 25$0.420.465.3%4.91%10.18%5493
$10.00Sep 18$0.240.2617.0%2.81%19.77%1.3K1.4K
$10.00Sep 11$0.160.2617.0%1.87%18.83%401
$9.00Sep 4$0.320.435.3%3.74%9.01%543
$9.00Sep 18$0.320.415.3%3.74%9.01%12236
$9.50Sep 11$0.130.3811.1%1.52%12.63%10--
$9.00Aug 28$0.280.375.3%3.27%8.54%7.6K295
$9.50Aug 28$0.120.2611.1%1.40%12.51%1150
$9.00Aug 21$0.110.285.3%1.29%6.55%4.2K548

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 19,256
Total Puts 1,111
Put/Call Ratio 0.06
Net Difference 18,145

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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