Tour v525
NVAX
NOVAVAX INC
$8.66 +9.21%
8/19 15:01

Option Volume

Detail
Current (08/19 3:00pm) 42,043
Calls: 39,324 (94%)
Puts: 2,719 (6%)
Prior --
Calls: 4,723 (76%)
Puts: 1,524 (24%)
Current vs Prior +0.00%
Calls: +732.61% (Calls)
Puts: +78.41% (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 +158.85%
Calls: +181.08%
Puts: +20.74%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/19 3:00pm) $1.72M
Calls: $1.67M (97%)
Puts: $54.3K (3%)
Prior --
Calls: $242.6K (84%)
Puts: $45.8K (16%)
Current vs Prior +0.00%
Calls: +586.81%
Puts: +18.49%
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 +28.09%
Calls: +38.03%
Puts: -60.14%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/19 3:00pm) 0.07
Prior 1.00
Current vs Prior -93.09%
Prior 7-Day Average 0.16
Current vs Prior 7-Day Avg -58.05%
Sentiment BULLISH

Open Interest

Detail
Current (08/19 3:00pm) 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 7.16% | 9.70%7.16% | 17.09%
Prior 4.89% | 8.20%10.32% | 20.77%
Current vs Prior +46.28% | +18.27%-30.61% | -17.71%
Prior 7-Day Avg 10.23% | 13.98%13.11% | 22.54%
Current vs 7-Day Avg -30.01% | -30.63%-45.38% | -24.17%
Prior 7-Day Eod 4.89% | 8.20%4.79% | 12.86%
Current vs 7-Day Eod +46.28% | +18.27%+49.41% | +32.87%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 81.39% | 30.20%
Calls: 58.62% | 34.69%
Puts: 104.17% | 25.71%
Prior 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Current vs Prior +15.09% | -34.42%
Prior 7-Day Avg 46.63% | 50.77%
Calls: 37.48% | 36.24%
Puts: 55.78% | 65.31%
Current vs 7-Day Avg +74.53% | -40.52%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 97% of dollar volume in calls ($1.67M) vs puts ($54.3K). Volume explosion - 159% above 7-day average (42,043 vs avg 16,242). Extreme bullish P/C ratio of 0.07 - heavy call buying (39,324 calls vs 2,719 puts). P/C ratio dropping 93% - 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
15:00BULLISHBULLISHBULLISH
14:00BULLISHBULLISHBULLISH
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 6.2%, best 6.2%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 210.150.16$0.166.3%7.6K0.31548
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 4 found (avg $0.25, cheapest $0.16)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 210.150.16$0.166.3%7.6K0.31548
$9.50Aug 280.180.21$0.2015.0%2430.2850
$9.00Aug 280.300.34$0.3212.5%11.2K0.41295
$10.00Sep 180.290.35$0.3218.8%1.4K0.291.4K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 29 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Aug 211.081.45$1.2729.1%1151.00198
$8.00Aug 210.650.82$0.7423.0%2121.001.4K
$7.00Sep 41.541.96$1.7524.0%10.974
$7.00Aug 281.312.41$1.8659.1%10.9215
$7.50Aug 280.891.47$1.1849.2%340.90110
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 211.221.51$1.3721.2%20.9019
$9.50Aug 210.751.06$0.9134.1%290.841
$10.00Aug 281.301.79$1.5531.6%30.811
$10.00Sep 181.352.00$1.6838.7%--0.7010
$10.00Oct 21.412.24$1.8345.4%60.69--

Most actively traded options today. High liquidity = easy entry/exit. 51 active (total vol 32.8K, top 11.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.300.34$0.3212.5%11.2K0.41295
$9.00Aug 210.150.16$0.166.3%7.6K0.31548
$9.50Aug 210.050.07$0.0633.3%2.6K0.14561
$8.50Aug 210.230.40$0.3253.1%2.2K0.56625
$10.00Aug 210.030.04$0.0425.0%1.9K0.081.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.050.07$0.0633.3%1.1K0.174.6K
$7.00Sep 180.080.15$0.1258.3%1.0K0.121.1K
$8.50Aug 210.170.42$0.3083.3%750.47165
$8.50Aug 280.300.39$0.3525.7%450.42--
$9.50Aug 210.751.06$0.9134.1%290.841

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 78.7%, max 99.9%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Oct 2119.6%59.8%99.9%2.2K625
$9.00Aug 21Sep 25130.0%73.7%76.5%7.6K1.0K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Oct 2119.6%59.8%99.9%76206
$9.00Aug 21Sep 25130.0%73.7%76.5%33271
$8.00Aug 21Sep 1894.4%67.1%40.8%1.1K4.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 25 found (best R:R 3.55, avg 1.99)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.00$8.50Sep 11$0.11$0.39$0.1163%3.55$8.11
$8.00$8.50Sep 25$0.19$0.31$0.1969%1.63$8.19
$7.50$8.00Aug 28$0.33$0.17$0.3390%0.52$7.83
$8.50$10.00Oct 2$0.50$1.00$0.5058%2.00$9.00
$8.50$9.00Sep 4$0.14$0.36$0.1455%2.57$8.64
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.00$8.50Aug 21$0.22$0.28$0.2269%1.27$8.78
$9.00$7.50Sep 25$0.55$0.95$0.5553%1.73$8.45
$8.50$8.00Aug 28$0.18$0.32$0.1842%1.78$8.32
$8.00$7.50Aug 28$0.12$0.38$0.1225%3.17$7.88
$9.00$8.50Aug 28$0.32$0.18$0.3259%0.56$8.68

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 12 found (best R:R 1.63, avg 0.56)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.00$9.50Sep 11$0.22$0.22$0.2856%0.79$9.22
$9.00$9.50Sep 4$0.19$0.19$0.3158%0.61$9.19
$9.00$9.50Aug 21$0.10$0.10$0.4069%0.25$9.10
$9.50$10.00Sep 11$0.13$0.13$0.3768%0.35$9.63
$9.00$9.50Aug 28$0.12$0.12$0.3859%0.32$9.12
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.50$8.00Sep 4$0.31$0.31$0.1955%1.63$8.19
$8.50$8.00Aug 21$0.24$0.24$0.2654%0.92$8.26
$8.00$7.00Sep 18$0.25$0.25$0.7569%0.33$7.75
$7.50$7.00Sep 4$0.12$0.12$0.3881%0.32$7.38
$8.00$7.50Aug 28$0.12$0.12$0.3875%0.32$7.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 3 found (avg debit $0.16, cheapest $0.17)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 21Aug 28$0.17119.6%75.8%
$9.00Aug 21Aug 28$0.16130.0%87.0%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.00Aug 21Aug 28$0.15130.0%87.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 13 found (cheapest 7.16% of stock, avg 13.56%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.50Aug 21$0.32$0.30$0.62$7.88$9.127.16%
$9.00Aug 21$0.16$0.52$0.68$8.32$9.687.85%
$8.00Aug 21$0.74$0.06$0.80$7.20$8.809.24%
$8.50Aug 28$0.49$0.35$0.84$7.66$9.349.70%
$9.50Aug 21$0.06$0.91$0.97$8.53$10.4711.20%
$9.00Aug 28$0.32$0.67$0.99$8.01$9.9911.43%
$8.00Aug 28$0.85$0.17$1.02$6.98$9.0211.78%
$8.50Sep 4$0.55$0.48$1.03$7.47$9.5311.89%
$8.50Oct 2$0.84$0.63$1.47$7.03$9.9716.97%
$8.00Sep 18$1.11$0.37$1.48$6.52$9.4817.09%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 45 found (cheapest 0.81% of stock, avg 5.16%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.00$7.50Aug 21$0.04$0.03$0.07$7.43$10.07
$9.50$7.50Aug 21$0.06$0.03$0.09$7.41$9.59
$10.00$8.00Aug 21$0.04$0.06$0.10$7.90$10.10
$9.50$8.00Aug 21$0.06$0.06$0.12$7.88$9.62
$10.00$7.00Aug 21$0.04$0.13$0.17$6.83$10.17
$9.50$7.00Aug 21$0.06$0.13$0.19$6.81$9.69
$10.00$7.50Aug 28$0.13$0.05$0.18$7.32$10.18
$10.00$7.00Aug 28$0.13$0.05$0.18$6.82$10.18
$10.00$7.00Sep 4$0.16$0.04$0.20$6.80$10.20
$9.00$7.50Aug 21$0.16$0.03$0.19$7.31$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. 21 found (best R:R 4.88, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.00$8.00$9.00Sep 18$0.17$0.8341%4.88
$8.50$9.00$9.50Aug 21$0.06$0.4441%7.33
$7.50$8.00$8.50Aug 21$0.11$0.3944%3.55
$8.00$8.50$9.00Aug 21$0.26$0.2469%0.92
$9.00$9.50$10.00Aug 21$0.08$0.4222%5.25
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$7.50$8.00$8.50Aug 28$0.06$0.4432%7.33
$8.00$9.00$10.00Sep 18$0.23$0.7739%3.35
$9.00$9.50$10.00Aug 21$0.07$0.4322%6.14
$7.00$8.00$9.00Sep 18$0.29$0.7141%2.45
$8.00$8.50$9.00Aug 28$0.14$0.3634%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. 32 found (best net $-0.14, 21 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$8.001:2Sep 18-$0.40$0.60
$7.50$8.001:2Aug 21-$0.21$0.29
$9.00$10.001:2Sep 18-$0.07$0.93
$8.00$8.501:2Aug 28-$0.13$0.37
$7.50$8.001:2Sep 11-$0.18$0.32
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$9.001:2Sep 18-$0.14$0.86
$9.50$9.001:2Aug 21-$0.13$0.37
$9.00$8.501:2Aug 21-$0.08$0.42
$10.00$9.501:2Aug 21-$0.45$0.05
$7.50$7.001:2Aug 28-$0.05$0.45

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 14 found (best yield 6.93%, avg 2.99%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Sep 25$0.600.463.9%6.93%10.85%36493
$10.00Sep 18$0.290.2915.5%3.35%18.82%1.4K1.4K
$9.00Sep 18$0.490.463.9%5.66%9.58%116236
$10.00Oct 2$0.200.3015.5%2.31%17.78%19--
$9.00Sep 11$0.450.443.9%5.20%9.12%--49
$9.00Sep 4$0.360.423.9%4.16%8.08%16343
$9.50Sep 11$0.210.329.7%2.42%12.12%11--
$9.00Aug 28$0.300.413.9%3.46%7.39%11.2K295
$9.50Aug 28$0.180.289.7%2.08%11.78%24350
$10.00Sep 4$0.130.2115.5%1.50%16.97%344

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 39,324
Total Puts 2,719
Put/Call Ratio 0.07
Net Difference 36,605

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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