Tour v512
NVAX
NOVAVAX INC
$8.59 +8.34%
8/19 10:20

Option Volume

Detail
Current (08/19 10:20am) 21,590
Calls: 20,479 (95%)
Puts: 1,111 (5%)
Prior (02/24) 6,247
Calls: 4,723 (76%)
Puts: 1,524 (24%)
Current vs Prior +245.61%
Calls: +333.60% (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 +32.93%
Calls: +46.38%
Puts: -50.66%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/19 10:20am) $888.1K
Calls: $874.1K (98%)
Puts: $14.0K (2%)
Prior (02/24) $288.4K
Calls: $242.6K (84%)
Puts: $45.8K (16%)
Current vs Prior +207.94%
Calls: +260.29%
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 -33.89%
Calls: -27.59%
Puts: -89.73%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/19 10:20am) 0.05
Prior (02/24) 0.32
Current vs Prior -83.19%
Prior 7-Day Average 0.16
Current vs Prior 7-Day Avg -67.04%
Sentiment BULLISH

Open Interest

Detail
Current (08/19 10:20am) 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 6.52% | 9.43%6.52% | 17.35%
Prior 4.89% | 8.20%10.32% | 20.77%
Current vs Prior +33.20% | +14.98%-36.81% | -16.48%
Prior 7-Day Avg 10.23% | 13.98%13.11% | 22.54%
Current vs 7-Day Avg -36.27% | -32.56%-50.27% | -23.04%
Prior 7-Day Eod 4.89% | 8.20%4.79% | 12.86%
Current vs 7-Day Eod +33.20% | +14.98%+36.05% | +34.86%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 35.90% | 113.92%
Calls: 13.33% | 38.10%
Puts: 58.46% | 189.74%
Prior 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Current vs Prior -49.24% | +147.38%
Prior 7-Day Avg 46.63% | 50.77%
Calls: 37.48% | 36.24%
Puts: 55.78% | 65.31%
Current vs 7-Day Avg -23.02% | +124.37%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 98% of dollar volume in calls ($874.1K) vs puts ($14.0K). Massive premium surge with dollar volume up 208% vs prior. Unusually high activity with volume up 246% vs prior - elevated interest. Extreme bullish P/C ratio of 0.05 - heavy call buying (20,479 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
10:20BULLISHBULLISHBULLISH
10:15BULLISHBULLISHBULLISH
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 7.4%, best 7.4%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.260.28$0.277.4%7.9K0.37295
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.52, cheapest $0.30)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Aug 210.280.32$0.3013.3%8600.54625
$9.00Aug 280.260.28$0.277.4%7.9K0.37295
$8.00Sep 180.911.04$0.9813.3%230.661.7K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 26 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 211.251.77$1.5134.4%411.0073
$7.50Aug 210.951.24$1.1026.4%160.99198
$7.00Sep 181.321.82$1.5731.8%10.9073
$7.50Aug 280.701.54$1.1275.0%10.88110
$8.00Aug 210.530.69$0.6126.2%1420.861.4K
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%--0.7410
$9.00Aug 210.490.88$0.6956.5%--0.73266
$10.00Oct 21.412.24$1.8345.4%60.70--

Most actively traded options today. High liquidity = easy entry/exit. 31 active (total vol 17.3K, top 7.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.260.28$0.277.4%7.9K0.37295
$9.00Aug 210.080.14$0.1154.5%4.4K0.27548
$10.00Sep 180.200.30$0.2540.0%1.3K0.251.4K
$8.50Aug 210.280.32$0.3013.3%8600.54625
$10.00Aug 210.020.03$0.0333.3%5690.071.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Sep 180.050.16$0.11100.0%1.0K0.121.1K
$8.00Aug 210.050.09$0.0757.1%790.194.6K
$9.00Sep 250.781.28$1.0348.5%60.555
$10.00Oct 21.412.24$1.8345.4%60.70--
$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. 5 strikes (avg 45.2%, max 61.6%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Sep 25101.1%62.5%61.6%863646
$9.00Aug 21Sep 25105.4%72.2%46.0%4.4K1.0K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.00Aug 21Sep 25105.4%72.2%46.0%6271
$8.00Aug 21Sep 1895.8%69.7%37.4%794.7K
$8.50Aug 21Oct 2101.1%74.9%34.9%--206

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 22 found (best R:R 0.69, avg 1.84)

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 4$0.15$0.35$0.1569%2.33$8.15
$8.00$8.50Sep 25$0.14$0.36$0.1466%2.57$8.14
$8.00$8.50Sep 11$0.16$0.34$0.1663%2.12$8.16
$8.50$9.00Sep 25$0.13$0.37$0.1354%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
$8.50$8.00Aug 21$0.19$0.31$0.1947%1.63$8.31
$8.50$7.50Sep 4$0.29$0.71$0.2943%2.45$8.21
$7.50$7.00Sep 4$0.10$0.40$0.1017%4.00$7.40
$9.00$8.00Aug 28$0.60$0.40$0.6063%0.67$8.40

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 8 found (best R:R 0.52, avg 0.51)

BEAR CALL (4)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.50$10.00Sep 11$0.26$0.26$0.2462%1.08$9.76
$9.00$9.50Sep 4$0.18$0.18$0.3257%0.56$9.18
$9.00$9.50Aug 28$0.11$0.11$0.3963%0.28$9.11
$9.00$10.00Sep 18$0.25$0.25$0.7557%0.33$9.25
BULL PUT (4)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.00$7.00Sep 18$0.34$0.34$0.6666%0.52$7.66
$7.50$7.00Sep 4$0.10$0.10$0.4083%0.25$7.40
$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 $0.15, cheapest $0.17)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Aug 28$0.12101.1%74.2%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Sep 4$0.17101.1%68.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 6.52% of stock, avg 11.70%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.50Aug 21$0.30$0.26$0.56$7.94$9.066.52%
$8.00Aug 21$0.61$0.07$0.68$7.32$8.687.92%
$9.00Aug 21$0.11$0.69$0.80$8.20$9.809.31%
$8.00Aug 28$0.71$0.18$0.89$7.11$8.8910.36%
$8.50Sep 4$0.58$0.43$1.01$7.49$9.5111.76%
$9.00Aug 28$0.27$0.78$1.05$7.95$10.0512.22%
$8.00Sep 18$0.98$0.45$1.43$6.57$9.4316.65%
$9.00Sep 25$0.59$1.03$1.62$7.38$10.6218.86%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 34 found (cheapest 0.70% of stock, avg 4.68%)

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$0.05$0.03$0.08$7.42$9.58
$9.50$7.00Aug 21$0.05$0.03$0.08$6.92$9.58
$10.00$8.00Aug 21$0.03$0.07$0.10$7.90$10.10
$9.50$8.00Aug 21$0.05$0.07$0.12$7.88$9.62
$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 8.09, cheapest $0.11)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.00$8.00$9.00Sep 18$0.11$0.8947%8.09
$8.00$8.50$9.00Aug 21$0.12$0.3859%3.17
$8.00$9.00$10.00Sep 18$0.23$0.7740%3.35
$8.50$9.00$9.50Aug 21$0.13$0.3740%2.85
$7.50$8.00$8.50Aug 28$0.12$0.3835%3.17
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, 12 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$8.001:2Sep 18-$0.39$0.61
$7.50$8.001:2Aug 21-$0.12$0.38
$9.00$10.001:2Sep 18$0.00$1.00
$7.50$8.001:2Sep 4-$0.12$0.38
$8.00$8.501:2Aug 28-$0.13$0.37
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. 10 found (best yield 4.89%, avg 2.69%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Sep 25$0.420.454.8%4.89%9.66%10493
$9.00Sep 18$0.400.434.8%4.66%9.43%14236
$10.00Sep 18$0.200.2516.4%2.33%18.74%1.3K1.4K
$10.00Sep 11$0.160.2616.4%1.86%18.28%401
$9.00Sep 4$0.310.434.8%3.61%8.38%543
$9.50Sep 11$0.130.3810.6%1.51%12.11%10--
$9.00Sep 11$0.230.514.8%2.68%7.45%--49
$9.00Aug 28$0.260.374.8%3.03%7.80%7.9K295
$9.50Aug 28$0.120.2410.6%1.40%11.99%1150
$9.00Aug 21$0.080.274.8%0.93%5.70%4.4K548

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 20,479
Total Puts 1,111
Put/Call Ratio 0.05
Net Difference 19,368

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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