Tour v526
NVAX
NOVAVAX INC
$10.58 +4.55%
9/2 09:35

Option Volume

Detail
Current (09/02 9:35am) 2,295
Calls: 2,281 (99%)
Puts: 14 (1%)
Prior (08/19) 995
Calls: 979 (98%)
Puts: 16 (2%)
Current vs Prior +130.65%
Calls: +132.99% (Calls)
Puts: -12.50% (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 -85.87%
Calls: -83.70%
Puts: -99.38%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/02 9:35am) $111.7K
Calls: $111.2K (100%)
Puts: $517 (0%)
Prior (08/19) $69.5K
Calls: $69.0K (99%)
Puts: $468 (1%)
Current vs Prior +60.73%
Calls: +61.07%
Puts: +10.47%
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 -91.68%
Calls: -90.79%
Puts: -99.62%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 9:35am) 0.01
Prior (08/19) 0.02
Current vs Prior -62.45%
Prior 7-Day Average 0.16
Current vs Prior 7-Day Avg -96.30%
Sentiment BULLISH

Open Interest

Detail
Current (09/02 9:35am) 244,196
Calls: 154,879 (63%)
Puts: 89,317 (37%)
Prior (08/19) 204,535
Calls: 131,035 (64%)
Puts: 73,500 (36%)
Current vs Prior +19.39%
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 +17.14%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 12.57% | 16.45%17.11% | 23.06%
Prior 4.89% | 8.20%10.32% | 20.77%
Current vs Prior +156.85% | +100.54%+65.81% | +11.05%
Prior 7-Day Avg 10.23% | 13.98%8.29% | 18.50%
Current vs 7-Day Avg +22.89% | +17.62%+106.44% | +24.64%
Prior 7-Day Eod 4.89% | 8.20%17.39% | 21.15%
Current vs 7-Day Eod +156.85% | +100.54%-1.63% | +9.06%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 37.78% | 46.88%
Calls: 29.55% | 66.67%
Puts: 46.01% | 27.08%
Prior 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Current vs Prior -46.58% | +1.80%
Prior 7-Day Avg 46.63% | 50.77%
Calls: 37.48% | 36.24%
Puts: 55.78% | 65.31%
Current vs 7-Day Avg -18.98% | -7.67%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 100% of dollar volume in calls ($111.2K) vs puts ($517). Elevated premium activity with dollar volume up 61% vs prior. Unusually high activity with volume up 131% vs prior - elevated interest. Extreme bullish P/C ratio of 0.01 - heavy call buying (2,281 calls vs 14 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
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 1 of results (avg 3.7%, best 3.7%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 40.260.27$0.273.7%1.5K0.381.3K
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.68, cheapest $0.27)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 40.260.27$0.273.7%1.5K0.381.3K
$10.00Sep 40.690.80$0.7514.7%220.803.2K
$11.00Sep 180.550.67$0.6119.7%50.451.5K
$10.00Sep 110.871.01$0.9414.9%210.68478
$10.50Sep 180.760.88$0.8214.6%210.552.4K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 27 found (avg delta 0.72, highest 0.96)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Sep 41.662.27$1.9731.0%--0.96146
$8.50Sep 111.702.39$2.0533.7%--0.9362
$9.50Sep 40.851.41$1.1349.6%--0.92230
$9.00Sep 181.352.02$1.6939.6%--0.82614
$9.00Sep 41.331.70$1.5224.3%210.81355
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.50Sep 41.782.69$2.2440.6%--0.8310
$11.50Sep 40.911.89$1.4070.0%--0.7813

Most actively traded options today. High liquidity = easy entry/exit. 23 active (total vol 2.0K, top 1.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 40.260.27$0.273.7%1.5K0.381.3K
$11.00Sep 110.390.51$0.4526.7%3010.41861
$12.50Sep 40.030.25$0.14157.1%500.172.1K
$10.50Sep 40.370.50$0.4429.5%330.571.2K
$10.00Sep 40.690.80$0.7514.7%220.803.2K
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Sep 40.240.40$0.3250.0%30.4412
$9.00Sep 180.150.26$0.2152.4%20.17701
$10.50Sep 180.540.90$0.7250.0%10.456

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 10 strikes (avg 96.8%, max 271.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.00Sep 4Oct 16267.1%71.9%271.6%332.8K
$12.50Sep 4Sep 18199.6%83.2%140.0%502.1K
$12.00Sep 4Oct 16157.8%81.4%93.8%51.2K
$11.00Sep 4Oct 16126.8%82.6%53.5%1.5K3.9K
$10.50Sep 4Oct 2112.4%80.7%39.2%471.3K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.00Sep 4Oct 16267.1%71.9%271.6%--694
$10.50Sep 4Sep 18112.4%85.8%31.0%418
$10.00Sep 4Oct 1695.4%77.3%23.5%--554

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 30 found (best R:R 1.94, avg 1.53)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.00$11.00Oct 16$0.34$0.66$0.3463%1.94$10.34
$10.00$10.50Sep 25$0.12$0.38$0.1261%3.17$10.12
$9.50$10.00Sep 18$0.23$0.27$0.2376%1.17$9.73
$9.00$9.50Sep 11$0.26$0.24$0.2678%0.92$9.26
$9.00$10.00Oct 16$0.64$0.36$0.6478%0.56$9.64
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.00$9.50Sep 25$0.12$0.38$0.1239%3.17$9.88
$10.00$9.50Sep 18$0.16$0.34$0.1634%2.13$9.84
$9.00$8.50Sep 18$0.11$0.39$0.1117%3.55$8.89
$10.50$10.00Sep 4$0.22$0.28$0.2244%1.27$10.28
$10.50$10.00Sep 18$0.28$0.22$0.2845%0.79$10.22

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 16 found (best R:R 3.17, avg 0.86)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$11.50$12.00Sep 25$0.38$0.38$0.1261%3.17$11.88
$12.00$12.50Sep 11$0.26$0.26$0.2471%1.08$12.26
$11.00$11.50Sep 11$0.22$0.22$0.2859%0.79$11.22
$11.00$11.50Sep 4$0.14$0.14$0.3662%0.39$11.14
$12.00$12.50Sep 18$0.11$0.11$0.3972%0.28$12.11
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.00$8.50Sep 11$0.28$0.28$0.2278%1.27$8.72
$9.00$8.50Sep 4$0.23$0.23$0.2781%0.85$8.77
$10.00$9.00Oct 16$0.46$0.46$0.5464%0.85$9.54
$9.50$9.00Sep 25$0.24$0.24$0.2669%0.92$9.26
$10.50$10.00Sep 18$0.28$0.28$0.2255%1.27$10.22

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 3 found (avg debit $0.28, cheapest $0.18)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$11.00Sep 4Sep 11$0.18126.8%97.6%
$10.50Sep 4Sep 11$0.27112.4%104.5%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.50Sep 4Sep 18$0.40112.4%85.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 7.18% of stock, avg 14.86%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$10.50Sep 4$0.44$0.32$0.76$9.74$11.267.18%
$10.00Sep 4$0.75$0.10$0.85$9.15$10.858.03%
$10.00Sep 18$1.08$0.44$1.52$8.48$11.5214.37%
$11.50Sep 4$0.13$1.40$1.53$9.97$13.0314.46%
$10.50Sep 18$0.82$0.72$1.54$8.96$12.0414.56%
$10.00Sep 25$0.99$0.74$1.73$8.27$11.7316.35%
$10.00Oct 16$1.37$0.84$2.21$7.79$12.2120.89%
$11.00Oct 16$1.03$1.41$2.44$8.56$13.4423.06%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 55 found (cheapest 1.51% of stock, avg 6.75%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$12.00$9.50Sep 4$0.12$0.04$0.16$9.34$12.16
$12.50$8.50Sep 11$0.09$0.08$0.17$8.33$12.67
$12.50$9.50Sep 4$0.14$0.04$0.18$9.32$12.68
$11.50$9.50Sep 4$0.13$0.04$0.17$9.33$11.67
$12.00$10.00Sep 4$0.12$0.10$0.22$9.78$12.22
$11.50$10.00Sep 4$0.13$0.10$0.23$9.77$11.73
$12.50$10.00Sep 4$0.14$0.10$0.24$9.76$12.74
$12.50$8.50Sep 18$0.19$0.10$0.29$8.21$12.79
$11.50$8.50Sep 11$0.23$0.08$0.31$8.19$11.81
$12.00$9.00Sep 4$0.12$0.26$0.38$8.62$12.38

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 2 found (best R:R 0.79, avg credit $0.24)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
8/912/12Sep 18$0.22$0.2855%0.79$8.78$12.22
10/1012/12Sep 18$0.27$0.2339%1.17$9.73$12.27

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 20 found (best R:R 8.09, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$9.50$10.00$10.50Sep 4$0.07$0.4335%6.14
$10.00$10.50$11.00Sep 18$0.05$0.4521%9.00
$10.00$10.50$11.00Sep 4$0.14$0.3642%2.57
$8.50$9.00$9.50Sep 4$0.06$0.444%7.33
$9.50$10.00$10.50Sep 11$0.13$0.3721%2.85
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$9.00$10.00$11.00Oct 16$0.11$0.8928%8.09
$9.00$9.50$10.00Sep 18$0.09$0.4116%4.56
$9.50$10.00$10.50Sep 4$0.16$0.3435%2.13
$9.50$10.00$10.50Sep 18$0.12$0.3821%3.17
$9.00$9.50$10.00Sep 4$0.28$0.222%0.79

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 $-0.56, 21 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$10.501:2Sep 4-$0.13$0.37
$10.50$11.001:2Sep 4-$0.10$0.40
$11.00$12.001:2Oct 16-$0.35$0.65
$9.50$10.001:2Sep 4-$0.37$0.13
$10.50$11.001:2Sep 11-$0.19$0.31
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$12.50$11.501:2Sep 4-$0.56$0.44
$11.00$10.001:2Oct 16-$0.27$0.73
$10.50$10.001:2Sep 18-$0.16$0.34
$10.00$9.501:2Sep 18-$0.12$0.38
$9.50$9.001:2Sep 25-$0.14$0.36

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 10 found (best yield 5.86%, avg 3.67%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.00Oct 16$0.620.3813.4%5.86%19.28%2726
$11.00Oct 16$0.940.504.0%8.88%12.85%42.7K
$11.00Sep 18$0.550.454.0%5.20%9.17%51.5K
$11.00Oct 2$0.450.454.0%4.25%8.22%--11
$12.00Sep 18$0.210.2813.4%1.98%15.41%6106
$11.00Sep 11$0.390.414.0%3.69%7.66%301861
$11.00Sep 25$0.290.434.0%2.74%6.71%1453
$11.50Sep 25$0.100.398.7%0.95%9.64%--12
$12.50Sep 18$0.070.2018.1%0.66%18.81%--22
$11.00Sep 4$0.260.384.0%2.46%6.43%1.5K1.3K

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 2,281
Total Puts 14
Put/Call Ratio 0.01
Net Difference 2,267

Prior's Put/Call Breakdown

Total Calls 979
Total Puts 16
Put/Call Ratio 0.02
Net Difference 963

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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