Tour v512
NVAX
NOVAVAX INC
$8.56 +7.88%
8/19 10:30

Option Volume

Detail
Current (08/19 10:30am) 23,179
Calls: 22,049 (95%)
Puts: 1,130 (5%)
Prior (02/24) 6,247
Calls: 4,723 (76%)
Puts: 1,524 (24%)
Current vs Prior +271.04%
Calls: +366.84% (Calls)
Puts: -25.85% (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 +42.71%
Calls: +57.60%
Puts: -49.82%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/19 10:30am) $975.3K
Calls: $962.1K (99%)
Puts: $13.2K (1%)
Prior (02/24) $288.4K
Calls: $242.6K (84%)
Puts: $45.8K (16%)
Current vs Prior +238.17%
Calls: +296.56%
Puts: -71.21%
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 -27.40%
Calls: -20.30%
Puts: -90.32%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/19 10:30am) 0.05
Prior (02/24) 0.32
Current vs Prior -84.12%
Prior 7-Day Average 0.16
Current vs Prior 7-Day Avg -68.92%
Sentiment BULLISH

Open Interest

Detail
Current (08/19 10:30am) 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 6.19% | 10.63%6.19% | 17.87%
Prior 4.89% | 8.20%10.32% | 20.77%
Current vs Prior +26.51% | +29.63%-39.99% | -13.93%
Prior 7-Day Avg 10.23% | 13.98%13.11% | 22.54%
Current vs 7-Day Avg -39.47% | -23.97%-52.77% | -20.70%
Prior 7-Day Eod 4.89% | 8.20%4.79% | 12.86%
Current vs 7-Day Eod +26.51% | +29.63%+29.21% | +38.96%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 54.23% | 74.15%
Calls: 50.00% | 38.10%
Puts: 58.46% | 110.20%
Prior 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Current vs Prior -23.32% | +61.02%
Prior 7-Day Avg 46.63% | 50.77%
Calls: 37.48% | 36.24%
Puts: 55.78% | 65.31%
Current vs 7-Day Avg +16.29% | +46.04%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 99% of dollar volume in calls ($962.1K) vs puts ($13.2K). Massive premium surge with dollar volume up 238% vs prior. Unusually high activity with volume up 271% vs prior - elevated interest. Extreme bullish P/C ratio of 0.05 - heavy call buying (22,049 calls vs 1,130 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
10:30BULLISHBULLISHBULLISH
10:25BULLISHBULLISHBULLISH
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 -- 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. 4 found (avg $0.50, cheapest $0.12)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 210.110.13$0.1216.7%4.4K0.27548
$8.00Aug 210.540.65$0.6018.3%1420.841.4K
$9.00Aug 280.250.30$0.2817.9%8.0K0.35295
$8.00Sep 180.931.04$0.9911.1%7250.661.7K
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 0.96)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Aug 210.951.15$1.0519.0%160.96198
$7.00Aug 211.251.77$1.5134.4%410.9673
$7.50Aug 280.701.54$1.1275.0%10.93110
$7.00Sep 181.321.82$1.5731.8%10.8773
$7.50Sep 40.751.93$1.3488.1%--0.8615
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 211.371.92$1.6533.3%--0.9319
$10.00Aug 281.451.90$1.6726.9%10.871
$10.00Sep 181.552.00$1.7825.3%--0.7410
$9.00Aug 210.490.88$0.6956.5%--0.72266
$10.00Oct 21.412.24$1.8345.4%60.66--

Most actively traded options today. High liquidity = easy entry/exit. 32 active (total vol 18.5K, top 8.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.250.30$0.2817.9%8.0K0.35295
$9.00Aug 210.110.13$0.1216.7%4.4K0.27548
$10.00Sep 180.220.30$0.2630.8%1.3K0.261.4K
$8.50Aug 210.190.34$0.2755.6%8620.52625
$10.00Aug 210.020.03$0.0333.3%7310.071.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Sep 180.050.15$0.10100.0%1.0K0.121.1K
$8.00Aug 210.050.08$0.0742.9%790.194.6K
$7.50Sep 40.070.15$0.1172.7%100.1567
$9.00Sep 250.781.28$1.0348.5%60.555
$10.00Oct 21.412.24$1.8345.4%60.66--

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 49.4%, max 60.7%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Sep 2598.5%62.5%57.5%865646
$9.00Aug 21Sep 25112.1%72.3%55.0%4.4K1.0K
$8.00Aug 21Sep 2591.6%65.4%40.1%1441.4K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Oct 298.5%61.3%60.7%--206
$9.00Aug 21Sep 25112.1%72.3%55.0%6271
$8.00Aug 21Sep 1891.6%71.5%28.2%794.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 23 found (best R:R 0.72, avg 1.85)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$7.00$8.00Sep 18$0.58$0.42$0.5887%0.72$7.58
$8.00$8.50Sep 4$0.15$0.35$0.1570%2.33$8.15
$8.00$8.50Sep 25$0.14$0.36$0.1466%2.57$8.14
$8.00$8.50Sep 11$0.14$0.36$0.1463%2.57$8.14
$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$0.5555%1.73$8.45
$8.50$8.00Aug 21$0.19$0.31$0.1948%1.63$8.31
$8.50$7.50Sep 4$0.32$0.68$0.3244%2.12$8.18
$9.00$8.00Aug 28$0.60$0.40$0.6064%0.67$8.40
$10.00$8.00Sep 18$1.33$0.67$1.3374%0.50$8.67

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 9 found (best R:R 0.54, avg 0.54)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.50$10.00Sep 11$0.28$0.28$0.2261%1.27$9.78
$9.50$10.00Aug 28$0.11$0.11$0.3976%0.28$9.61
$9.00$9.50Sep 4$0.18$0.18$0.3257%0.56$9.18
$9.00$9.50Aug 28$0.11$0.11$0.3965%0.28$9.11
$9.00$10.00Sep 18$0.28$0.28$0.7256%0.39$9.28
BULL PUT (3)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.00$7.00Sep 18$0.35$0.35$0.6566%0.54$7.65
$8.50$7.50Sep 4$0.32$0.32$0.6856%0.47$8.18
$8.50$8.00Aug 21$0.19$0.19$0.3152%0.61$8.31

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.16, cheapest $0.17)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Aug 28$0.1598.5%84.2%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Sep 4$0.1798.5%68.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 6.19% of stock, avg 11.78%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.50Aug 21$0.27$0.26$0.53$7.97$9.036.19%
$8.00Aug 21$0.60$0.07$0.67$7.33$8.677.83%
$9.00Aug 21$0.12$0.69$0.81$8.19$9.819.46%
$8.00Aug 28$0.75$0.18$0.93$7.07$8.9310.86%
$8.50Sep 4$0.58$0.43$1.01$7.49$9.5111.80%
$9.00Aug 28$0.28$0.78$1.06$7.94$10.0612.38%
$8.00Sep 18$0.99$0.45$1.44$6.56$9.4416.82%
$9.00Sep 25$0.59$1.03$1.62$7.38$10.6218.93%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 35 found (cheapest 0.70% of stock, avg 4.97%)

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$0.06$0.08$0.14$7.36$10.14
$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. 13 found (best R:R 6.69, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.00$8.00$9.00Sep 18$0.13$0.8743%6.69
$8.00$9.00$10.00Sep 18$0.17$0.8340%4.88
$8.50$9.00$9.50Aug 21$0.08$0.4239%5.25
$7.50$8.00$8.50Aug 21$0.12$0.3844%3.17
$8.00$8.50$9.00Aug 21$0.18$0.3256%1.78
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$0.3541%2.33
$8.00$8.50$9.00Aug 21$0.24$0.2654%1.08
$7.00$7.50$8.00Aug 28$0.40$0.108%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 $-0.09, 14 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$9.001:2Sep 18-$0.09$0.91
$7.00$8.001:2Sep 18-$0.41$0.59
$7.50$8.001:2Aug 21-$0.15$0.35
$7.50$8.001:2Sep 4-$0.12$0.38
$8.00$8.501:2Aug 28-$0.09$0.41
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
$10.00$8.501:2Oct 2$0.37$1.13
$9.00$7.501:2Sep 25$0.07$1.43
$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 5.72%, avg 2.96%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Sep 18$0.490.445.1%5.72%10.86%45236
$9.00Sep 25$0.420.455.1%4.91%10.05%10493
$10.00Sep 18$0.220.2616.8%2.57%19.39%1.3K1.4K
$10.00Sep 11$0.160.2616.8%1.87%18.69%401
$9.50Sep 11$0.160.3911.0%1.87%12.85%10--
$9.00Sep 4$0.310.435.1%3.62%8.76%543
$9.00Sep 11$0.280.475.1%3.27%8.41%--49
$9.00Aug 28$0.250.355.1%2.92%8.06%8.0K295
$9.50Aug 28$0.130.2311.0%1.52%12.50%1550
$9.00Aug 21$0.110.275.1%1.29%6.43%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 22,049
Total Puts 1,130
Put/Call Ratio 0.05
Net Difference 20,919

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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