Tour v526
NVAX
NOVAVAX INC
$10.32 +1.98%
9/2 09:55

Option Volume

Detail
Current (09/02 9:55am) 8,861
Calls: 8,694 (98%)
Puts: 167 (2%)
Prior (08/19) 12,297
Calls: 12,256 (100%)
Puts: 41 (0%)
Current vs Prior -27.94%
Calls: -29.06% (Calls)
Puts: +307.32% (Puts)
Prior 7-Day Total 153,634
Calls: 135,997 (89%)
Puts: 17,637 (11%)
Prior 7-Day Average 21,947
Calls: 19,428 (89%)
Puts: 2,519 (11%)
Current vs Prior 7-Day Avg -59.63%
Calls: -55.25%
Puts: -93.37%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/02 9:55am) $416.0K
Calls: $405.4K (97%)
Puts: $10.5K (3%)
Prior (08/19) $541.5K
Calls: $539.0K (100%)
Puts: $2.4K (0%)
Current vs Prior -23.18%
Calls: -24.79%
Puts: +332.46%
Prior 7-Day Total $11.13M
Calls: $10.17M (91%)
Puts: $960.8K (9%)
Prior 7-Day Average $1.59M
Calls: $1.45M (91%)
Puts: $137.3K (9%)
Current vs Prior 7-Day Avg -73.83%
Calls: -72.09%
Puts: -92.32%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 9:55am) 0.02
Prior (08/19) 0.00
Current vs Prior +474.20%
Prior 7-Day Average 0.13
Current vs Prior 7-Day Avg -85.27%
Sentiment BULLISH

Open Interest

Detail
Current (09/02 9:55am) 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: 960,941 (66%)
Puts: 498,321 (34%)
Prior 7-Day Average 208,466
Calls: 137,277 (66%)
Puts: 71,188 (34%)
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 8.53% | 13.18%16.57% | 22.38%
Prior 6.94% | 10.69%6.94% | 17.18%
Current vs Prior +22.87% | +23.23%+138.77% | +30.30%
Prior 7-Day Avg 9.29% | 12.93%11.05% | 20.75%
Current vs 7-Day Avg -8.19% | +1.94%+49.92% | +7.86%
Prior 7-Day Eod 6.94% | 10.69%17.39% | 21.15%
Current vs 7-Day Eod +22.87% | +23.23%-4.72% | +5.85%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 47.24% | 55.20%
Calls: 21.15% | 48.10%
Puts: 73.33% | 62.30%
Prior 16.10% | 35.97%
Calls: 20.00% | 2.70%
Puts: 12.20% | 69.23%
Current vs Prior +193.42% | +53.46%
Prior 7-Day Avg 42.27% | 48.66%
Calls: 34.99% | 31.45%
Puts: 49.56% | 65.87%
Current vs 7-Day Avg +11.75% | +13.44%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 97% of dollar volume in calls ($405.4K) vs puts ($10.5K). Extreme bullish P/C ratio of 0.02 - heavy call buying (8,694 calls vs 167 puts). P/C ratio rising 474% - increased hedging/bearish positioning. Call-heavy open interest (154,879 calls vs 89,317 puts) suggests bullish positioning.

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
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 -- of results (avg --%, best --%)

No options available for this category

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.68, cheapest $0.33)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 180.430.52$0.4818.8%380.401.5K
$10.50Sep 180.620.71$0.6713.4%280.502.4K
$10.00Sep 180.830.95$0.8913.5%370.614.7K
$12.00Oct 160.560.68$0.6219.4%140.37726
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Sep 180.300.36$0.3318.2%270.28162
$11.00Sep 110.901.01$0.9611.5%750.641
$10.50Sep 180.740.90$0.8219.5%10.506

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 28 found (avg delta 0.69, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Sep 41.662.27$1.9731.0%--0.97146
$8.50Sep 111.702.39$2.0533.7%--0.9162
$9.50Sep 40.851.41$1.1349.6%10.88230
$9.00Sep 41.311.50$1.4113.5%250.82355
$9.00Sep 181.361.67$1.5220.4%50.81614
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Sep 40.911.89$1.4070.0%--0.9513
$11.00Sep 110.901.01$0.9611.5%750.641
$10.50Sep 40.250.47$0.3661.1%40.5412
$11.00Oct 161.191.62$1.4130.5%--0.53220
$10.50Sep 110.380.76$0.5766.7%10.521

Most actively traded options today. High liquidity = easy entry/exit. 36 active (total vol 5.5K, top 4.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 40.110.14$0.1323.1%4.4K0.271.3K
$11.00Sep 110.230.48$0.3669.4%3080.37861
$10.50Sep 40.250.34$0.3030.0%1560.491.2K
$11.50Sep 110.170.25$0.2138.1%1030.26164
$10.00Sep 40.470.58$0.5221.2%550.713.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 110.901.01$0.9611.5%750.641
$10.00Sep 40.150.22$0.1936.8%330.30326
$9.50Sep 180.300.36$0.3318.2%270.28162
$9.50Sep 40.040.09$0.0771.4%50.14370
$10.50Sep 40.250.47$0.3661.1%40.5412

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 82.5%, max 243.9%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.00Sep 4Oct 16240.1%69.8%243.9%402.8K
$10.00Sep 4Oct 16113.1%78.4%44.4%598.0K
$11.00Sep 4Oct 1698.7%76.1%29.7%4.5K3.9K
$10.50Sep 4Oct 298.2%82.6%19.0%1701.3K
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.00Sep 4Oct 16240.1%69.8%243.9%--694
$10.00Sep 4Oct 16113.1%78.4%44.4%35554
$11.00Sep 11Oct 1690.8%76.1%19.4%75221
$10.50Sep 4Sep 1898.2%85.4%15.0%518

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 30 found (best R:R 1.22, avg 1.92)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.00$10.00Oct 16$0.45$0.55$0.4578%1.22$9.45
$9.00$9.50Sep 18$0.21$0.29$0.2181%1.38$9.21
$9.00$9.50Sep 4$0.28$0.22$0.2882%0.79$9.28
$11.00$12.00Oct 16$0.27$0.73$0.2749%2.70$11.27
$11.00$12.00Sep 18$0.18$0.82$0.1840%4.56$11.18
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.50$9.00Sep 11$0.20$1.30$0.2052%6.50$10.30
$10.00$9.50Sep 25$0.12$0.38$0.1240%3.17$9.88
$10.50$10.00Sep 4$0.17$0.33$0.1754%1.94$10.33
$9.50$9.00Sep 18$0.12$0.38$0.1228%3.17$9.38
$10.00$9.50Sep 18$0.18$0.32$0.1839%1.78$9.82

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 17 found (best R:R 1.38, avg 0.71)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$11.50$12.00Sep 25$0.38$0.38$0.1261%3.17$11.88
$11.00$11.50Sep 11$0.15$0.15$0.3563%0.43$11.15
$10.50$11.00Sep 4$0.17$0.17$0.3351%0.52$10.67
$10.50$11.00Sep 18$0.19$0.19$0.3150%0.61$10.69
$10.50$11.00Sep 25$0.19$0.19$0.3149%0.61$10.69
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.00$8.50Sep 11$0.29$0.29$0.2177%1.38$8.71
$10.00$9.00Oct 16$0.51$0.51$0.4961%1.04$9.49
$9.00$8.50Sep 4$0.21$0.21$0.2981%0.72$8.79
$9.50$9.00Sep 25$0.24$0.24$0.2668%0.92$9.26
$9.00$8.50Sep 18$0.11$0.11$0.3981%0.28$8.89

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.29, cheapest $0.32)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.50Sep 4Sep 11$0.1698.2%78.1%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.00Sep 4Sep 18$0.32113.1%76.7%
$10.50Sep 4Sep 11$0.2198.2%78.1%
$11.00Sep 11Oct 16$0.4590.8%76.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 12 found (cheapest 6.40% of stock, avg 14.33%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$10.50Sep 4$0.30$0.36$0.66$9.84$11.166.40%
$10.00Sep 4$0.52$0.19$0.71$9.29$10.716.88%
$10.50Sep 11$0.46$0.57$1.03$9.47$11.539.98%
$9.50Sep 4$1.13$0.07$1.20$8.30$10.7011.63%
$11.00Sep 11$0.36$0.96$1.32$9.68$12.3212.79%
$10.00Sep 18$0.89$0.51$1.40$8.60$11.4013.57%
$10.50Sep 18$0.67$0.82$1.49$9.01$11.9914.44%
$9.50Sep 18$1.31$0.33$1.64$7.86$11.1415.89%
$10.00Sep 25$0.92$0.74$1.66$8.34$11.6616.09%
$9.50Sep 25$1.41$0.62$2.03$7.47$11.5319.67%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 50 found (cheapest 1.07% of stock, avg 7.52%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$12.00$9.50Sep 4$0.04$0.07$0.11$9.39$12.11
$11.50$9.50Sep 4$0.07$0.07$0.14$9.36$11.64
$11.00$9.50Sep 4$0.13$0.07$0.20$9.30$11.20
$12.00$10.00Sep 4$0.04$0.19$0.23$9.77$12.23
$12.00$9.00Sep 4$0.04$0.23$0.27$8.73$12.27
$11.50$10.00Sep 4$0.07$0.19$0.26$9.74$11.76
$11.50$9.00Sep 4$0.07$0.23$0.30$8.70$11.80
$11.00$10.00Sep 4$0.13$0.19$0.32$9.68$11.32
$11.50$8.50Sep 11$0.21$0.08$0.29$8.21$11.79
$11.00$9.00Sep 4$0.13$0.23$0.36$8.64$11.36

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 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$10.00$10.50$11.00Sep 4$0.05$0.4544%9.00
$10.50$11.00$11.50Sep 4$0.11$0.3935%3.55
$8.50$9.00$9.50Sep 11$0.09$0.4119%4.56
$8.50$9.00$9.50Sep 25$0.12$0.3810%3.17
$10.00$11.00$12.00Oct 16$0.26$0.7426%2.85
PUTS (4)
LowMidHighExpiryDebitMax GainPOPR:R
$9.00$9.50$10.00Sep 18$0.06$0.4420%7.33
$9.50$10.00$10.50Sep 18$0.13$0.3722%2.85
$9.00$9.50$10.00Sep 4$0.28$0.2211%0.79
$8.50$9.00$9.50Sep 25$0.34$0.1610%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. 31 found (best net $-0.17, 24 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$11.001:2Oct 9-$0.29$0.71
$10.00$10.501:2Sep 4-$0.08$0.42
$10.00$11.001:2Oct 16-$0.36$0.64
$11.00$12.001:2Sep 18-$0.12$0.88
$10.00$10.501:2Sep 11-$0.13$0.37
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.50$9.001:2Sep 11-$0.17$1.33
$11.00$10.501:2Sep 11-$0.18$0.32
$11.00$10.001:2Oct 16-$0.37$0.63
$10.50$10.001:2Sep 18-$0.20$0.30
$9.50$9.001:2Sep 18-$0.09$0.41

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 16 found (best yield 5.43%, avg 3.77%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.00Oct 16$0.560.3716.3%5.43%21.71%14726
$11.00Oct 16$0.750.496.6%7.27%13.86%132.7K
$11.00Oct 9$0.550.456.6%5.33%11.92%1--
$11.00Oct 2$0.450.456.6%4.36%10.95%--11
$10.50Sep 25$0.640.511.7%6.20%7.95%4175
$10.50Sep 18$0.620.501.7%6.01%7.75%282.4K
$11.00Sep 18$0.430.406.6%4.17%10.76%381.5K
$12.00Sep 18$0.210.2616.3%2.03%18.31%6106
$10.50Oct 2$0.530.511.7%5.14%6.88%1415
$11.50Sep 25$0.130.3911.4%1.26%12.69%--12

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 8,694
Total Puts 167
Put/Call Ratio 0.02
Net Difference 8,527

Prior's Put/Call Breakdown

Total Calls 12,256
Total Puts 41
Put/Call Ratio 0.00
Net Difference 12,215

Prior 7-Day Put/Call Summary

Total Calls 135,997
Total Puts 17,637
Average Put/Call Ratio 0.13
Ratio Trend Rising

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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