Tour v517
NVAX
NOVAVAX INC
$8.38 +5.61%
8/19 12:00

Option Volume

Detail
Current (08/19 12:00pm) 29,009
Calls: 27,638 (95%)
Puts: 1,371 (5%)
Prior --
Calls: 4,723 (76%)
Puts: 1,524 (24%)
Current vs Prior +0.00%
Calls: +485.18% (Calls)
Puts: -10.04% (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 +78.60%
Calls: +97.55%
Puts: -39.12%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/19 12:00pm) $998.4K
Calls: $964.4K (97%)
Puts: $34.0K (3%)
Prior --
Calls: $242.6K (84%)
Puts: $45.8K (16%)
Current vs Prior +0.00%
Calls: +297.50%
Puts: -25.83%
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 -25.68%
Calls: -20.11%
Puts: -75.05%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/19 12:00pm) 0.05
Prior 1.00
Current vs Prior -95.04%
Prior 7-Day Average 0.16
Current vs Prior 7-Day Avg -69.89%
Sentiment BULLISH

Open Interest

Detail
Current (08/19 12:00pm) 204,535
Calls: 131,035 (64%)
Puts: 73,500 (36%)
Prior --
Calls: -- (--)
Puts: -- (--)
Current vs Prior +0.00%
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 5.61% | 9.31%5.61% | 15.87%
Prior 4.89% | 8.20%10.32% | 20.77%
Current vs Prior +14.60% | +13.50%-45.64% | -23.58%
Prior 7-Day Avg 10.23% | 13.98%13.11% | 22.54%
Current vs 7-Day Avg -45.17% | -33.43%-57.22% | -29.58%
Prior 7-Day Eod 4.89% | 8.20%4.79% | 12.86%
Current vs 7-Day Eod +14.60% | +13.50%+17.04% | +23.39%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 25.66% | 21.03%
Calls: 26.32% | 11.11%
Puts: 25.00% | 30.95%
Prior 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Current vs Prior -63.72% | -54.33%
Prior 7-Day Avg 46.63% | 50.77%
Calls: 37.48% | 36.24%
Puts: 55.78% | 65.31%
Current vs 7-Day Avg -44.97% | -58.58%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 97% of dollar volume in calls ($964.4K) vs puts ($34.0K). Volume explosion - 79% above 7-day average (29,009 vs avg 16,242). Extreme bullish P/C ratio of 0.05 - heavy call buying (27,638 calls vs 1,371 puts). P/C ratio dropping 95% - sentiment shifting bullish.

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 NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
12:00BULLISHBULLISHBULLISH
11:00BULLISHBULLISHBULLISH
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 2 of results (avg 8.3%, best 7.7%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Sep 181.491.61$1.557.7%10.8573
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Aug 211.091.19$1.148.8%80.931

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 9 found (avg $0.57, cheapest $0.46)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.420.50$0.4617.4%1480.791.4K
$9.00Aug 280.180.20$0.1910.5%9.2K0.32295
$8.50Aug 280.340.38$0.3611.1%4440.50218
$8.00Aug 280.550.65$0.6016.7%2090.71490
$9.00Sep 180.440.50$0.4712.8%560.41236
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 210.610.71$0.6615.2%210.81266
$9.00Aug 280.720.84$0.7815.4%20.70102

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 28 found (avg delta 0.72, highest 0.95)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 211.271.75$1.5131.8%420.9573
$7.50Aug 210.811.13$0.9733.0%180.93198
$7.50Aug 280.831.08$0.9626.0%30.86110
$7.00Sep 181.491.61$1.557.7%10.8573
$7.50Sep 40.751.93$1.3488.1%--0.8215
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 211.411.72$1.5719.7%--0.9419
$9.50Aug 211.091.19$1.148.8%80.931
$10.00Aug 281.501.79$1.6517.6%10.881
$10.00Oct 21.412.24$1.8345.4%60.82--
$9.00Aug 210.610.71$0.6615.2%210.81266

Most actively traded options today. High liquidity = easy entry/exit. 42 active (total vol 22.9K, top 9.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.180.20$0.1910.5%9.2K0.32295
$9.00Aug 210.060.08$0.0728.6%5.4K0.20548
$10.00Sep 180.150.30$0.2268.2%1.3K0.241.4K
$9.50Aug 210.020.04$0.0366.7%1.2K0.09561
$8.50Aug 210.160.21$0.1926.3%1.2K0.45625
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Sep 180.090.15$0.1250.0%1.0K0.141.1K
$8.00Aug 210.050.09$0.0757.1%1400.224.6K
$8.50Aug 210.240.31$0.2825.0%440.56165
$9.00Aug 210.610.71$0.6615.2%210.81266
$7.50Sep 40.070.33$0.20130.0%200.2167

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 39.4%, max 52.9%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Oct 287.6%57.3%52.9%1.2K625
$9.00Aug 21Sep 25100.1%72.7%37.7%5.4K1.0K
$8.00Aug 21Sep 2585.2%65.8%29.5%1501.4K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Oct 287.6%57.3%52.9%45206
$9.00Aug 21Sep 25100.1%72.7%37.7%27271
$8.00Aug 21Sep 1885.2%67.9%25.5%1414.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 19 found (best R:R 2.33, avg 1.89)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.00$8.50Sep 4$0.15$0.35$0.1571%2.33$8.15
$8.00$8.50Sep 25$0.13$0.37$0.1367%2.85$8.13
$8.50$9.00Sep 25$0.13$0.37$0.1356%2.85$8.63
$8.00$8.50Sep 11$0.17$0.33$0.1763%1.94$8.17
$8.00$9.00Sep 18$0.39$0.61$0.3963%1.56$8.39
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.50$7.50Sep 4$0.23$0.77$0.2347%3.35$8.27
$9.00$7.50Sep 25$0.55$0.95$0.5556%1.73$8.45
$8.50$8.00Aug 21$0.21$0.29$0.2156%1.38$8.29
$8.50$8.00Aug 28$0.24$0.26$0.2451%1.08$8.26
$10.00$8.00Sep 18$1.31$0.69$1.3176%0.53$8.69

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 9 found (best R:R 2.33, avg 0.77)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.00$9.50Sep 11$0.35$0.35$0.1554%2.33$9.35
$9.50$10.00Sep 11$0.20$0.20$0.3067%0.67$9.70
$8.50$9.00Sep 4$0.29$0.29$0.2141%1.38$8.79
$8.50$9.00Aug 21$0.12$0.12$0.3855%0.32$8.62
$8.50$9.00Aug 28$0.17$0.17$0.3350%0.52$8.67
BULL PUT (2)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.00$7.00Sep 18$0.35$0.35$0.6563%0.54$7.65
$7.50$7.00Sep 4$0.16$0.16$0.3479%0.47$7.34

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.16, cheapest $0.14)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Aug 28$0.1787.6%73.0%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Aug 28$0.1487.6%73.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 10 found (cheapest 5.61% of stock, avg 11.52%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.50Aug 21$0.19$0.28$0.47$8.03$8.975.61%
$8.00Aug 21$0.46$0.07$0.53$7.47$8.536.32%
$9.00Aug 21$0.07$0.66$0.73$8.27$9.738.71%
$8.00Aug 28$0.60$0.18$0.78$7.22$8.789.31%
$8.50Aug 28$0.36$0.42$0.78$7.72$9.289.31%
$9.00Aug 28$0.19$0.78$0.97$8.03$9.9711.58%
$8.50Sep 4$0.58$0.43$1.01$7.49$9.5112.05%
$8.00Sep 18$0.86$0.47$1.33$6.67$9.3315.87%
$8.50Oct 2$0.79$0.63$1.42$7.08$9.9216.95%
$9.00Sep 25$0.60$1.03$1.63$7.37$10.6319.45%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 38 found (cheapest 0.72% of stock, avg 4.65%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.00$7.00Aug 21$0.03$0.03$0.06$6.94$10.06
$9.50$7.50Aug 21$0.03$0.03$0.06$7.44$9.56
$10.00$7.50Aug 21$0.03$0.03$0.06$7.44$10.06
$9.50$7.00Aug 21$0.03$0.03$0.06$6.94$9.56
$9.00$7.50Aug 21$0.07$0.03$0.10$7.40$9.10
$9.50$8.00Aug 21$0.03$0.07$0.10$7.90$9.60
$9.00$7.00Aug 21$0.07$0.03$0.10$6.90$9.10
$10.00$8.00Aug 21$0.03$0.07$0.10$7.90$10.10
$9.00$8.00Aug 21$0.07$0.07$0.14$7.86$9.14
$10.00$7.50Aug 28$0.08$0.08$0.16$7.34$10.16

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

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$9.00$10.00Sep 18$0.14$0.8639%6.14
$8.00$8.50$9.00Aug 28$0.07$0.4340%6.14
$8.00$8.50$9.00Aug 21$0.15$0.3559%2.33
$8.50$9.00$9.50Aug 21$0.08$0.4236%5.25
$7.50$8.00$8.50Aug 28$0.12$0.3836%3.17
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Aug 21$0.17$0.3360%1.94
$8.50$9.00$9.50Aug 21$0.10$0.4037%4.00
$8.00$8.50$9.00Aug 28$0.12$0.3841%3.17
$7.50$8.00$8.50Aug 21$0.17$0.3348%1.94
$7.50$8.00$8.50Aug 28$0.14$0.3636%2.57

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 $-0.17, 15 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$8.001:2Sep 18-$0.17$0.83
$8.00$9.001:2Sep 18-$0.08$0.92
$7.50$8.001:2Sep 4-$0.12$0.38
$8.00$8.501:2Aug 28-$0.12$0.38
$7.50$8.001:2Aug 28-$0.24$0.26
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.50$9.001:2Aug 21-$0.18$0.32
$9.00$8.501:2Aug 28-$0.06$0.44
$10.00$9.001:2Aug 28$0.09$0.91
$9.00$7.501:2Sep 25$0.07$1.43
$10.00$8.501:2Oct 2$0.57$0.93

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 18 found (best yield 5.97%, avg 3.34%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Sep 25$0.500.467.4%5.97%13.37%10493
$8.50Sep 25$0.660.561.4%7.88%9.31%2521
$9.00Sep 18$0.440.417.4%5.25%12.65%56236
$8.50Oct 2$0.520.581.4%6.21%7.64%1--
$9.00Sep 11$0.300.467.4%3.58%10.98%--49
$8.50Sep 11$0.490.521.4%5.85%7.28%--33
$9.50Sep 11$0.170.3313.4%2.03%15.39%10--
$10.00Sep 18$0.150.2419.3%1.79%21.12%1.3K1.4K
$9.00Sep 4$0.250.417.4%2.98%10.38%1343
$8.50Sep 4$0.410.591.4%4.89%6.32%2584

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 27,638
Total Puts 1,371
Put/Call Ratio 0.05
Net Difference 26,267

Prior's Put/Call Breakdown

Total Calls 4,723
Total Puts 1,524
Put/Call Ratio 1.00
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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