Tour v512
NVAX
NOVAVAX INC
$8.59 +8.32%
8/19 10:35

Option Volume

Detail
Current (08/19 10:35am) 23,972
Calls: 22,813 (95%)
Puts: 1,159 (5%)
Prior (02/24) 6,247
Calls: 4,723 (76%)
Puts: 1,524 (24%)
Current vs Prior +283.74%
Calls: +383.02% (Calls)
Puts: -23.95% (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 +47.59%
Calls: +63.06%
Puts: -48.53%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/19 10:35am) $1.01M
Calls: $990.3K (98%)
Puts: $16.1K (2%)
Prior (02/24) $288.4K
Calls: $242.6K (84%)
Puts: $45.8K (16%)
Current vs Prior +248.95%
Calls: +308.17%
Puts: -64.90%
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 -25.08%
Calls: -17.97%
Puts: -88.19%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/19 10:35am) 0.05
Prior (02/24) 0.32
Current vs Prior -84.26%
Prior 7-Day Average 0.16
Current vs Prior 7-Day Avg -69.16%
Sentiment BULLISH

Open Interest

Detail
Current (08/19 10:35am) 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 6.17% | 10.71%6.17% | 17.81%
Prior 4.89% | 8.20%10.32% | 20.77%
Current vs Prior +26.07% | +30.59%-40.20% | -14.23%
Prior 7-Day Avg 10.23% | 13.98%13.11% | 22.54%
Current vs 7-Day Avg -39.69% | -23.40%-52.93% | -20.97%
Prior 7-Day Eod 4.89% | 8.20%4.79% | 12.86%
Current vs 7-Day Eod +26.07% | +30.59%+28.76% | +38.48%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 57.01% | 74.87%
Calls: 55.56% | 39.53%
Puts: 58.46% | 110.20%
Prior 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Current vs Prior -19.39% | +62.58%
Prior 7-Day Avg 46.63% | 50.77%
Calls: 37.48% | 36.24%
Puts: 55.78% | 65.31%
Current vs 7-Day Avg +22.25% | +47.46%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 98% of dollar volume in calls ($990.3K) vs puts ($16.1K). Massive premium surge with dollar volume up 249% vs prior. Unusually high activity with volume up 284% vs prior - elevated interest. Extreme bullish P/C ratio of 0.05 - heavy call buying (22,813 calls vs 1,159 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
10:35BULLISHBULLISHBULLISH
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 $0.51, cheapest $0.06)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Aug 210.050.06$0.0616.7%5550.14561
$9.00Aug 280.270.30$0.2910.3%8.1K0.36295
$8.00Sep 180.931.04$0.9911.1%7260.661.7K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.630.76$0.7018.6%20.63102

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 25 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 211.251.77$1.5134.4%411.0073
$7.50Aug 210.951.15$1.0519.0%161.00198
$7.50Aug 280.701.54$1.1275.0%10.96110
$8.00Aug 210.540.68$0.6123.0%1420.901.4K
$7.00Sep 181.321.82$1.5731.8%10.8973
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 211.371.92$1.6533.3%--0.9219
$10.00Aug 281.451.90$1.6726.9%10.871
$10.00Sep 181.552.00$1.7825.3%--0.7310
$9.00Aug 210.490.67$0.5831.0%--0.72266
$10.00Oct 21.412.24$1.8345.4%60.66--

Most actively traded options today. High liquidity = easy entry/exit. 33 active (total vol 19.2K, top 8.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.270.30$0.2910.3%8.1K0.36295
$9.00Aug 210.110.14$0.1323.1%4.9K0.28548
$10.00Sep 180.240.30$0.2722.2%1.3K0.271.4K
$8.50Aug 210.190.34$0.2755.6%8680.53625
$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 210.050.07$0.0633.3%840.184.6K
$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. 5 strikes (avg 51.8%, max 60.9%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.00Aug 21Sep 25114.2%72.2%58.1%4.9K1.0K
$8.50Aug 21Sep 2598.6%62.6%57.6%871646
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Oct 298.6%61.3%60.9%--206
$9.00Aug 21Sep 25114.2%72.2%58.1%6271
$8.00Aug 21Sep 1888.9%71.5%24.4%844.7K

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$0.5889%0.72$7.58
$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$0.14$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$0.5554%1.73$8.45
$9.00$8.50Aug 21$0.32$0.18$0.3272%0.56$8.68
$8.50$8.00Aug 21$0.20$0.30$0.2048%1.50$8.30
$9.00$8.00Aug 28$0.52$0.48$0.5263%0.92$8.48
$8.50$7.50Sep 4$0.32$0.68$0.3243%2.12$8.18

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 0.55)

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$0.12$0.12$0.3864%0.32$9.12
$9.00$10.00Sep 18$0.27$0.27$0.7356%0.37$9.27
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$0.6857%0.47$8.18
$8.50$8.00Aug 21$0.20$0.20$0.3052%0.67$8.30

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$0.1698.6%83.9%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Sep 4$0.1798.6%68.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 6.17% of stock, avg 11.50%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.50Aug 21$0.27$0.26$0.53$7.97$9.036.17%
$8.00Aug 21$0.61$0.06$0.67$7.33$8.677.80%
$9.00Aug 21$0.13$0.58$0.71$8.29$9.718.27%
$8.00Aug 28$0.75$0.18$0.93$7.07$8.9310.83%
$9.00Aug 28$0.29$0.70$0.99$8.01$9.9911.53%
$8.50Sep 4$0.58$0.43$1.01$7.49$9.5111.76%
$8.00Sep 18$0.99$0.45$1.44$6.56$9.4416.76%
$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. 35 found (cheapest 0.70% of stock, avg 4.99%)

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$0.06$0.09$7.91$10.09
$9.50$8.00Aug 21$0.06$0.06$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$0.13$0.03$0.16$7.34$9.16
$9.00$7.00Aug 21$0.13$0.03$0.16$6.84$9.16
$9.00$8.00Aug 21$0.13$0.06$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. 14 found (best R:R 6.69, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.00$8.00$9.00Sep 18$0.13$0.8744%6.69
$7.50$8.00$8.50Aug 28$0.05$0.4545%9.00
$8.00$9.00$10.00Sep 18$0.18$0.8240%4.56
$8.50$9.00$9.50Aug 21$0.07$0.4340%6.14
$7.50$8.00$8.50Aug 21$0.10$0.4047%4.00
PUTS (4)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Aug 21$0.12$0.3854%3.17
$8.00$9.00$10.00Aug 28$0.45$0.5558%1.22
$7.50$8.00$8.50Aug 21$0.17$0.3341%1.94
$7.00$7.50$8.00Aug 28$0.40$0.107%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 $-0.09, 15 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-$0.17$0.33
$9.00$10.001:2Sep 18$0.00$1.00
$7.50$8.001:2Sep 4-$0.12$0.38
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$9.001:2Aug 28$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$9.001:2Aug 21$0.49$0.51
$9.00$8.501:2Aug 21$0.06$0.44

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 10 found (best yield 5.70%, avg 3.02%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Sep 18$0.490.444.8%5.70%10.48%45236
$10.00Sep 18$0.240.2716.4%2.79%19.21%1.3K1.4K
$9.00Sep 25$0.420.454.8%4.89%9.66%10493
$10.00Sep 11$0.160.2616.4%1.86%18.28%401
$9.50Sep 11$0.170.3910.6%1.98%12.57%10--
$9.00Sep 11$0.300.474.8%3.49%8.27%--49
$9.00Sep 4$0.310.434.8%3.61%8.38%543
$9.00Aug 28$0.270.364.8%3.14%7.92%8.1K295
$9.50Aug 28$0.130.2310.6%1.51%12.11%1550
$9.00Aug 21$0.110.284.8%1.28%6.05%4.9K548

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 22,813
Total Puts 1,159
Put/Call Ratio 0.05
Net Difference 21,654

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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