Tour v522
NVAX
NOVAVAX INC
$8.64 +8.89%
8/19 13:01

Option Volume

Detail
Current (08/19 1:00pm) 32,055
Calls: 30,416 (95%)
Puts: 1,639 (5%)
Prior --
Calls: 4,723 (76%)
Puts: 1,524 (24%)
Current vs Prior +0.00%
Calls: +544.00% (Calls)
Puts: +7.55% (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 +97.36%
Calls: +117.41%
Puts: -27.22%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/19 1:00pm) $1.36M
Calls: $1.31M (97%)
Puts: $42.3K (3%)
Prior --
Calls: $242.6K (84%)
Puts: $45.8K (16%)
Current vs Prior +0.00%
Calls: +441.72%
Puts: -7.53%
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 +0.99%
Calls: +8.87%
Puts: -68.89%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/19 1:00pm) 0.05
Prior 1.00
Current vs Prior -94.61%
Prior 7-Day Average 0.16
Current vs Prior 7-Day Avg -67.28%
Sentiment BULLISH

Open Interest

Detail
Current (08/19 1:00pm) 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 5.44% | 11.23%5.44% | 16.67%
Prior 4.89% | 8.20%10.32% | 20.77%
Current vs Prior +11.15% | +36.90%-47.28% | -19.75%
Prior 7-Day Avg 10.23% | 13.98%13.11% | 22.54%
Current vs 7-Day Avg -46.82% | -19.71%-58.50% | -26.05%
Prior 7-Day Eod 4.89% | 8.20%4.79% | 12.86%
Current vs 7-Day Eod +11.15% | +36.90%+13.52% | +29.58%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 48.39% | 103.93%
Calls: 20.59% | 42.86%
Puts: 76.19% | 165.00%
Prior 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Current vs Prior -31.58% | +125.69%
Prior 7-Day Avg 46.63% | 50.77%
Calls: 37.48% | 36.24%
Puts: 55.78% | 65.31%
Current vs 7-Day Avg +3.77% | +104.69%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 97% of dollar volume in calls ($1.31M) vs puts ($42.3K). Volume explosion - 97% above 7-day average (32,055 vs avg 16,242). Extreme bullish P/C ratio of 0.05 - heavy call buying (30,416 calls vs 1,639 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
13:00BULLISHBULLISHBULLISH
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 1 of results (avg 6.4%, best 6.4%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Sep 181.051.12$1.096.4%7600.691.7K
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 $0.16, cheapest $0.06)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Aug 210.050.06$0.0616.7%1.6K0.15561
$9.00Aug 210.120.14$0.1315.4%5.9K0.33548
$9.00Aug 280.260.31$0.2917.2%9.4K0.35295
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 28 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 281.312.41$1.8659.1%11.0015
$7.50Aug 280.891.47$1.1849.2%341.00110
$7.50Aug 210.971.25$1.1125.2%940.94198
$7.00Aug 211.271.95$1.6142.2%420.8873
$7.00Sep 181.662.01$1.8419.0%60.8773
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 211.281.78$1.5332.7%--1.0019
$9.50Aug 210.801.06$0.9328.0%290.891
$10.00Aug 281.301.79$1.5531.6%10.771
$10.00Oct 21.412.24$1.8345.4%60.74--
$10.00Sep 181.552.00$1.7825.3%--0.7310

Most actively traded options today. High liquidity = easy entry/exit. 44 active (total vol 25.1K, top 9.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.260.31$0.2917.2%9.4K0.35295
$9.00Aug 210.120.14$0.1315.4%5.9K0.33548
$8.50Aug 210.300.37$0.3420.6%1.7K0.65625
$9.50Aug 210.050.06$0.0616.7%1.6K0.15561
$10.00Sep 180.240.35$0.3036.7%1.4K0.291.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Sep 180.080.22$0.1593.3%1.0K0.141.1K
$8.00Aug 210.050.10$0.0862.5%1680.174.6K
$8.50Aug 210.050.21$0.13123.1%680.36165
$9.50Aug 210.801.06$0.9328.0%290.891
$7.00Aug 280.000.09$0.05180.0%250.0847

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 46.3%, max 77.7%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Aug 21Sep 25119.4%67.2%77.7%2001.4K
$8.50Aug 21Oct 285.0%58.0%46.5%1.7K625
$9.50Aug 21Sep 11108.6%76.5%41.9%1.6K561
$9.00Aug 21Sep 2594.4%71.1%32.7%5.9K1.0K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Oct 285.0%58.0%46.5%69206
$8.00Aug 21Sep 18119.4%81.6%46.3%1694.7K
$9.00Aug 21Sep 2594.4%71.1%32.7%27271

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 21 found (best R:R 2.57, avg 2.03)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.00$8.50Sep 25$0.20$0.30$0.2067%1.50$8.20
$8.00$9.00Sep 18$0.49$0.51$0.4969%1.04$8.49
$8.00$8.50Sep 4$0.22$0.28$0.2268%1.27$8.22
$8.50$9.00Sep 25$0.16$0.34$0.1656%2.12$8.66
$8.50$9.00Sep 4$0.15$0.35$0.1555%2.33$8.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.00$8.50Aug 28$0.14$0.36$0.1463%2.57$8.86
$8.50$7.50Sep 4$0.25$0.75$0.2544%3.00$8.25
$9.00$7.50Sep 25$0.55$0.95$0.5554%1.73$8.45
$8.00$7.50Aug 28$0.14$0.36$0.1432%2.57$7.86
$7.50$7.00Sep 4$0.14$0.36$0.1419%2.57$7.36

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 10 found (best R:R 0.47, avg 0.54)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.00$9.50Sep 4$0.17$0.17$0.3359%0.52$9.17
$9.00$9.50Aug 28$0.13$0.13$0.3764%0.35$9.13
$9.50$10.00Sep 11$0.11$0.11$0.3966%0.28$9.61
$9.00$9.50Sep 11$0.15$0.15$0.3555%0.43$9.15
$9.00$10.00Sep 18$0.30$0.30$0.7051%0.43$9.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.00$7.00Sep 18$0.32$0.32$0.6868%0.47$7.68
$8.50$8.00Aug 28$0.32$0.32$0.1850%1.78$8.18
$7.50$7.00Sep 4$0.14$0.14$0.3681%0.39$7.36
$8.00$7.50Aug 28$0.14$0.14$0.3668%0.39$7.86
$8.50$7.50Sep 4$0.25$0.25$0.7556%0.33$8.25

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.20, cheapest $0.08)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Aug 28$0.0885.0%86.2%
$9.00Aug 21Aug 28$0.1694.4%97.6%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Aug 28$0.4285.0%86.2%
$9.00Aug 21Aug 28$0.1494.4%97.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 11 found (cheapest 5.44% of stock, avg 12.02%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.50Aug 21$0.34$0.13$0.47$8.03$8.975.44%
$9.00Aug 21$0.13$0.55$0.68$8.32$9.687.87%
$8.00Aug 21$0.68$0.08$0.76$7.24$8.768.80%
$8.50Sep 4$0.51$0.43$0.94$7.56$9.4410.88%
$8.50Aug 28$0.42$0.55$0.97$7.53$9.4711.23%
$9.00Aug 28$0.29$0.69$0.98$8.02$9.9811.34%
$9.50Aug 21$0.06$0.93$0.99$8.51$10.4911.46%
$8.00Aug 28$0.79$0.23$1.02$6.98$9.0211.81%
$8.50Oct 2$0.79$0.63$1.42$7.08$9.9216.44%
$8.00Sep 18$1.09$0.47$1.56$6.44$9.5618.06%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 38 found (cheapest 0.58% of stock, avg 4.77%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.00$7.50Aug 21$0.02$0.03$0.05$7.45$10.05
$9.50$7.50Aug 21$0.06$0.03$0.09$7.41$9.59
$10.00$8.00Aug 21$0.02$0.08$0.10$7.90$10.10
$9.50$8.00Aug 21$0.06$0.08$0.14$7.86$9.64
$10.00$7.00Aug 21$0.02$0.13$0.15$6.85$10.15
$9.50$7.00Aug 21$0.06$0.13$0.19$6.81$9.69
$10.00$8.50Aug 21$0.02$0.13$0.15$8.35$10.15
$9.00$7.50Aug 21$0.13$0.03$0.16$7.34$9.16
$9.50$8.50Aug 21$0.06$0.13$0.19$8.31$9.69
$9.50$7.00Aug 28$0.16$0.05$0.21$6.79$9.71

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. 17 found (best R:R 4.26, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$9.00$10.00Sep 18$0.19$0.8140%4.26
$8.00$8.50$9.00Aug 21$0.13$0.3751%2.85
$8.50$9.00$9.50Aug 21$0.14$0.3650%2.57
$8.00$8.50$9.00Sep 4$0.07$0.4327%6.14
$7.50$8.00$8.50Aug 21$0.09$0.4129%4.56
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.00$7.50$8.00Aug 28$0.10$0.4024%4.00
$7.50$8.00$8.50Aug 28$0.18$0.3235%1.78
$9.00$9.50$10.00Aug 21$0.22$0.2831%1.27
$7.00$7.50$8.00Aug 21$0.15$0.354%2.33
$8.00$8.50$9.00Aug 21$0.37$0.1352%0.35

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 31 found (best net $-0.34, 20 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$8.001:2Sep 18-$0.34$0.66
$8.00$9.001:2Sep 18-$0.11$0.89
$9.00$10.001:2Sep 18$0.00$1.00
$7.50$8.001:2Sep 4-$0.12$0.38
$7.50$8.001:2Aug 21-$0.25$0.25
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.50$9.001:2Aug 21-$0.17$0.33
$10.00$9.501:2Aug 21-$0.33$0.17
$9.00$8.501:2Aug 28-$0.41$0.09
$7.50$7.001:2Aug 21-$0.23$0.27
$10.00$9.001:2Aug 28$0.17$0.83

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 12 found (best yield 5.67%, avg 2.69%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Sep 18$0.490.494.2%5.67%9.84%101236
$9.00Sep 25$0.500.464.2%5.79%9.95%10493
$10.00Sep 18$0.240.2915.7%2.78%18.52%1.4K1.4K
$10.00Sep 11$0.120.2615.7%1.39%17.13%581
$9.00Sep 11$0.310.454.2%3.59%7.75%--49
$9.50Sep 11$0.170.349.9%1.97%11.92%10--
$10.00Sep 4$0.150.2215.7%1.74%17.48%114
$9.00Sep 4$0.260.414.2%3.01%7.18%3343
$9.00Aug 28$0.260.354.2%3.01%7.18%9.4K295
$10.00Aug 28$0.060.2015.7%0.69%16.44%35519

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 30,416
Total Puts 1,639
Put/Call Ratio 0.05
Net Difference 28,777

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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