Tour v525
NVAX
NOVAVAX INC
$8.79 +10.84%
8/19 16:01

Option Volume

Detail
Current (08/19 4:00pm) 46,187
Calls: 42,789 (93%)
Puts: 3,398 (7%)
Prior --
Calls: 4,723 (76%)
Puts: 1,524 (24%)
Current vs Prior +0.00%
Calls: +805.97% (Calls)
Puts: +122.97% (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 +184.37%
Calls: +205.85%
Puts: +50.90%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/19 4:00pm) $2.01M
Calls: $1.96M (97%)
Puts: $53.8K (3%)
Prior --
Calls: $242.6K (84%)
Puts: $45.8K (16%)
Current vs Prior +0.00%
Calls: +707.64%
Puts: +17.47%
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 +49.87%
Calls: +62.32%
Puts: -60.48%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/19 4:00pm) 0.08
Prior 1.00
Current vs Prior -92.06%
Prior 7-Day Average 0.16
Current vs Prior 7-Day Avg -51.80%
Sentiment BULLISH

Open Interest

Detail
Current (08/19 4:00pm) 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 6.94% | 10.69%6.94% | 17.18%
Prior 4.89% | 8.20%10.32% | 20.77%
Current vs Prior +41.80% | +30.40%-32.74% | -17.28%
Prior 7-Day Avg 10.23% | 13.98%13.11% | 22.54%
Current vs 7-Day Avg -32.16% | -23.52%-47.06% | -23.78%
Prior 7-Day Eod 4.89% | 8.20%4.79% | 12.86%
Current vs 7-Day Eod +41.80% | +30.40%+44.82% | +33.56%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 16.10% | 35.97%
Calls: 20.00% | 2.70%
Puts: 12.20% | 69.23%
Prior 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Current vs Prior -77.23% | -21.89%
Prior 7-Day Avg 46.63% | 50.77%
Calls: 37.48% | 36.24%
Puts: 55.78% | 65.31%
Current vs 7-Day Avg -65.48% | -29.16%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 97% of dollar volume in calls ($1.96M) vs puts ($53.8K). Volume explosion - 184% above 7-day average (46,187 vs avg 16,242). Extreme bullish P/C ratio of 0.08 - heavy call buying (42,789 calls vs 3,398 puts). P/C ratio dropping 92% - 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
16:00BULLISHBULLISHBULLISH
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 2 of results (avg 5.3%, best 2.7%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.360.37$0.372.7%11.8K0.45295
$10.00Sep 180.360.39$0.387.9%2.2K0.321.4K
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 5 found (avg $0.38, cheapest $0.41)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Aug 280.230.26$0.2512.0%7020.3250
$9.00Aug 280.360.37$0.372.7%11.8K0.45295
$9.00Sep 40.460.56$0.5119.6%1700.4743
$10.00Sep 180.360.39$0.387.9%2.2K0.321.4K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 210.380.43$0.4112.2%410.60266

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 26 found (avg delta 0.72, highest 0.95)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Aug 210.841.45$1.1553.0%1150.95198
$7.50Aug 280.891.47$1.1849.2%340.90110
$8.00Aug 210.580.88$0.7341.1%2900.871.4K
$8.00Sep 110.401.39$0.90110.0%--0.8452
$7.50Sep 40.751.99$1.3790.5%--0.8315
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Aug 211.422.46$1.9453.6%20.924
$10.00Aug 210.621.98$1.30104.6%20.8819
$9.50Aug 210.741.26$1.0052.0%290.791
$10.00Aug 281.291.99$1.6442.7%30.771
$10.00Sep 181.371.65$1.5118.5%50.6810

Most actively traded options today. High liquidity = easy entry/exit. 50 active (total vol 36.1K, top 11.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 280.360.37$0.372.7%11.8K0.45295
$9.00Aug 210.180.22$0.2020.0%7.9K0.41548
$9.50Aug 210.080.10$0.0922.2%2.9K0.21561
$10.00Sep 180.360.39$0.387.9%2.2K0.321.4K
$8.50Aug 210.330.45$0.3930.8%2.2K0.70625
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.030.07$0.0580.0%1.6K0.134.6K
$8.00Aug 280.130.22$0.1850.0%1490.23602
$8.50Aug 210.050.20$0.13115.4%820.30165
$8.50Aug 280.220.40$0.3158.1%530.37--
$9.00Aug 210.380.43$0.4112.2%410.60266

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 38.3%, max 42.8%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Oct 295.4%66.8%42.8%2.2K625
$9.50Aug 21Sep 11121.9%89.8%35.7%2.9K561
$9.00Aug 21Sep 25110.9%82.1%35.1%8.0K1.0K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Aug 21Oct 295.4%66.8%42.8%83206
$9.00Aug 21Sep 25110.9%82.1%35.1%47271

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 26 found (best R:R 1.00, avg 1.47)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$7.50$8.00Aug 28$0.25$0.25$0.2590%1.00$7.75
$8.00$9.00Sep 18$0.48$0.52$0.4872%1.08$8.48
$9.00$10.00Sep 18$0.25$0.75$0.2548%3.00$9.25
$7.50$8.00Sep 4$0.32$0.18$0.3283%0.56$7.82
$8.50$9.00Aug 28$0.17$0.33$0.1763%1.94$8.67
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.00$9.50Aug 21$0.30$0.20$0.3088%0.67$9.70
$8.50$8.00Aug 28$0.13$0.37$0.1337%2.85$8.37
$10.00$9.00Sep 18$0.63$0.37$0.6368%0.59$9.37
$9.00$8.50Aug 28$0.26$0.24$0.2655%0.92$8.74
$9.00$7.50Sep 25$0.55$0.95$0.5549%1.73$8.45

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 10 found (best R:R 1.78, avg 0.64)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.00$9.50Sep 11$0.28$0.28$0.2255%1.27$9.28
$9.50$10.00Sep 11$0.19$0.19$0.3166%0.61$9.69
$9.00$10.50Sep 25$0.52$0.52$0.9850%0.53$9.52
$9.00$9.50Sep 4$0.19$0.19$0.3153%0.61$9.19
$9.00$9.50Aug 21$0.11$0.11$0.3960%0.28$9.11
BULL PUT (3)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.50$8.00Sep 4$0.32$0.32$0.1860%1.78$8.18
$8.00$7.50Aug 28$0.13$0.13$0.3777%0.35$7.87
$8.50$8.00Aug 28$0.13$0.13$0.3763%0.35$8.37

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.17, cheapest $0.16)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.00Aug 21Aug 28$0.17110.9%83.7%
$8.50Aug 21Aug 28$0.1595.4%80.6%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.00Aug 21Aug 28$0.16110.9%83.7%
$8.50Aug 21Aug 28$0.1895.4%80.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 13 found (cheapest 5.92% of stock, avg 12.90%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.50Aug 21$0.39$0.13$0.52$7.98$9.025.92%
$9.00Aug 21$0.20$0.41$0.61$8.39$9.616.94%
$8.00Aug 21$0.73$0.05$0.78$7.22$8.788.87%
$8.50Aug 28$0.54$0.31$0.85$7.65$9.359.67%
$9.00Aug 28$0.37$0.57$0.94$8.06$9.9410.69%
$9.50Aug 21$0.09$1.00$1.09$8.41$10.5912.40%
$8.00Aug 28$0.93$0.18$1.11$6.89$9.1112.63%
$8.00Sep 4$1.05$0.13$1.18$6.82$9.1813.42%
$8.50Sep 4$0.75$0.45$1.20$7.30$9.7013.65%
$8.00Sep 18$1.11$0.29$1.40$6.60$9.4015.93%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 41 found (cheapest 0.46% of stock, avg 5.41%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.50$7.50Aug 21$0.02$0.02$0.04$7.46$10.54
$10.00$7.50Aug 21$0.05$0.02$0.07$7.43$10.07
$10.50$8.00Aug 21$0.02$0.05$0.07$7.93$10.57
$10.00$8.00Aug 21$0.05$0.05$0.10$7.90$10.10
$9.50$7.50Aug 21$0.09$0.02$0.11$7.39$9.61
$10.50$7.50Aug 28$0.09$0.05$0.14$7.36$10.64
$9.50$8.00Aug 21$0.09$0.05$0.14$7.86$9.64
$10.50$8.50Aug 21$0.02$0.13$0.15$8.35$10.65
$10.00$8.50Aug 21$0.05$0.13$0.18$8.32$10.18
$9.50$8.50Aug 21$0.09$0.13$0.22$8.28$9.72

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. 16 found (best R:R 5.25, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.50$9.00$9.50Aug 21$0.08$0.4249%5.25
$8.50$9.00$9.50Aug 28$0.05$0.4531%9.00
$8.00$8.50$9.00Sep 4$0.06$0.4433%7.33
$8.50$9.00$9.50Sep 4$0.05$0.4526%9.00
$8.00$9.00$10.00Sep 18$0.23$0.7741%3.35
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Aug 28$0.13$0.3732%2.85
$8.00$8.50$9.00Aug 21$0.20$0.3047%1.50
$8.50$9.00$9.50Aug 21$0.31$0.1949%0.61
$7.50$8.00$8.50Sep 4$0.35$0.1522%0.43
$9.50$10.00$10.50Aug 21$0.34$0.1613%0.47

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 29 found (best net $-0.15, 18 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$9.001:2Sep 18-$0.15$0.85
$8.00$8.501:2Aug 21-$0.05$0.45
$9.00$10.001:2Sep 18-$0.13$0.87
$8.00$8.501:2Sep 25-$0.12$0.38
$8.00$8.501:2Aug 28-$0.15$0.35
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$9.001:2Sep 18-$0.25$0.75
$9.00$8.501:2Aug 28-$0.05$0.45
$8.00$7.501:2Sep 4-$0.19$0.31
$10.00$8.501:2Oct 2$0.27$1.23
$9.00$7.501:2Sep 25$0.07$1.43

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 15 found (best yield 4.10%, avg 3.14%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.00Sep 18$0.360.3213.8%4.10%17.86%2.2K1.4K
$9.00Sep 25$0.640.502.4%7.28%9.67%57493
$9.00Sep 18$0.550.482.4%6.26%8.65%116236
$10.00Oct 2$0.200.3313.8%2.28%16.04%19--
$9.00Sep 4$0.460.472.4%5.23%7.62%17043
$9.00Sep 11$0.450.452.4%5.12%7.51%--49
$9.50Aug 28$0.230.328.1%2.62%10.69%70250
$10.00Sep 4$0.130.2713.8%1.48%15.24%454
$9.00Aug 28$0.360.452.4%4.10%6.48%11.8K295
$9.50Sep 11$0.210.348.1%2.39%10.47%11--

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 42,789
Total Puts 3,398
Put/Call Ratio 0.08
Net Difference 39,391

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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