Tour v526
NVAX
NOVAVAX INC
$10.28 +1.53%
9/2 10:20

Option Volume

Detail
Current (09/02 10:20am) 10,986
Calls: 10,340 (94%)
Puts: 646 (6%)
Prior (08/19) 21,590
Calls: 20,479 (95%)
Puts: 1,111 (5%)
Current vs Prior -49.12%
Calls: -49.51% (Calls)
Puts: -41.85% (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 -49.94%
Calls: -46.78%
Puts: -74.36%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/02 10:20am) $507.2K
Calls: $488.2K (96%)
Puts: $19.0K (4%)
Prior (08/19) $888.1K
Calls: $874.1K (98%)
Puts: $14.0K (2%)
Current vs Prior -42.89%
Calls: -44.15%
Puts: +35.98%
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 -68.09%
Calls: -66.39%
Puts: -86.15%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 10:20am) 0.06
Prior (08/19) 0.05
Current vs Prior +15.16%
Prior 7-Day Average 0.13
Current vs Prior 7-Day Avg -52.05%
Sentiment BULLISH

Open Interest

Detail
Current (09/02 10:20am) 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 9.92% | 13.42%17.61% | 22.18%
Prior 6.94% | 10.69%6.94% | 17.18%
Current vs Prior +42.98% | +25.53%+153.71% | +29.11%
Prior 7-Day Avg 9.29% | 12.93%11.05% | 20.75%
Current vs 7-Day Avg +6.83% | +3.84%+59.30% | +6.88%
Prior 7-Day Eod 6.94% | 10.69%17.39% | 21.15%
Current vs 7-Day Eod +42.98% | +25.53%+1.24% | +4.88%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 61.47% | 28.43%
Calls: 19.61% | 22.54%
Puts: 103.33% | 34.33%
Prior 16.10% | 35.97%
Calls: 20.00% | 2.70%
Puts: 12.20% | 69.23%
Current vs Prior +281.80% | -20.96%
Prior 7-Day Avg 42.27% | 48.66%
Calls: 34.99% | 31.45%
Puts: 49.56% | 65.87%
Current vs 7-Day Avg +45.42% | -41.57%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 96% of dollar volume in calls ($488.2K) vs puts ($19.0K). Below-average activity with volume down 49% vs prior. Extreme bullish P/C ratio of 0.06 - heavy call buying (10,340 calls vs 646 puts). 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
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 -- 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. 3 found (avg $0.67, cheapest $0.51)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 40.460.56$0.5119.6%700.653.2K
$10.50Sep 180.590.67$0.6312.7%330.472.4K
$10.00Sep 180.790.95$0.8718.4%380.584.7K
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 0.69, highest 0.94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Sep 41.622.27$1.9533.3%--0.94146
$9.00Sep 41.251.50$1.3818.1%440.94355
$8.50Sep 111.622.39$2.0138.3%--0.9062
$9.50Sep 40.781.32$1.0551.4%10.86230
$9.00Sep 181.421.64$1.5314.4%130.81614
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Sep 40.911.89$1.4070.0%--0.8613
$11.00Sep 110.901.20$1.0528.6%760.651
$10.50Sep 40.350.66$0.5160.8%40.5812
$11.00Oct 161.191.82$1.5141.7%--0.54220
$10.50Sep 110.550.78$0.6734.3%10.541

Most actively traded options today. High liquidity = easy entry/exit. 40 active (total vol 7.1K, top 5.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 40.100.13$0.1225.0%5.2K0.231.3K
$11.00Sep 110.220.45$0.3467.6%3110.35861
$10.50Sep 40.230.30$0.2725.9%3040.411.2K
$12.00Sep 40.020.04$0.0366.7%1740.07511
$11.50Sep 110.130.25$0.1963.2%1430.24164
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Sep 40.010.04$0.03100.0%3170.06617
$9.50Sep 40.040.08$0.0666.7%1450.15370
$11.00Sep 110.901.20$1.0528.6%760.651
$10.00Sep 40.100.27$0.1989.5%390.35326
$9.50Sep 180.240.56$0.4080.0%280.31162

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 26.6%, max 40.4%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.00Sep 4Oct 16112.9%80.4%40.4%5.2K3.9K
$10.50Sep 4Oct 2115.1%82.8%39.1%3181.3K
$10.00Sep 4Oct 1693.5%79.6%17.4%748.0K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.50Sep 4Sep 18115.1%89.8%28.2%518
$10.00Sep 4Oct 1693.5%79.6%17.4%41554
$11.00Sep 11Oct 1694.4%80.4%17.3%76221

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 27 found (best R:R 4.00, avg 1.63)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.00$9.50Sep 18$0.24$0.26$0.2482%1.08$9.24
$11.00$12.00Oct 16$0.24$0.76$0.2445%3.17$11.24
$8.50$9.00Sep 25$0.25$0.25$0.2577%1.00$8.75
$9.00$10.00Oct 16$0.54$0.46$0.5474%0.85$9.54
$9.00$9.50Sep 4$0.33$0.17$0.3394%0.52$9.33
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.50$9.00Sep 11$0.30$1.20$0.3054%4.00$10.20
$10.00$9.50Sep 4$0.13$0.37$0.1335%2.85$9.87
$10.00$9.50Sep 18$0.21$0.29$0.2142%1.38$9.79
$11.00$10.00Oct 16$0.52$0.48$0.5254%0.92$10.48
$10.50$10.00Sep 4$0.32$0.18$0.3258%0.56$10.18

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 12 found (best R:R 1.38, avg 0.61)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$11.00$11.50Sep 11$0.15$0.15$0.3565%0.43$11.15
$10.50$11.00Sep 4$0.15$0.15$0.3558%0.43$10.65
$10.50$11.00Sep 18$0.16$0.16$0.3453%0.47$10.66
$11.00$12.00Sep 18$0.18$0.18$0.8262%0.22$11.18
$10.50$11.00Sep 25$0.10$0.10$0.4050%0.25$10.60
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.00$8.50Sep 11$0.29$0.29$0.2176%1.38$8.71
$10.00$9.00Oct 16$0.51$0.51$0.4959%1.04$9.49
$9.50$9.00Sep 25$0.25$0.25$0.2566%1.00$9.25
$9.50$9.00Sep 18$0.20$0.20$0.3069%0.67$9.30
$10.00$9.50Sep 18$0.21$0.21$0.2958%0.72$9.79

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $0.28, cheapest $0.16)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.50Sep 4Sep 11$0.17115.1%83.5%
$10.00Sep 4Sep 11$0.2093.5%89.9%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.50Sep 4Sep 11$0.16115.1%83.5%
$11.00Sep 11Oct 16$0.4694.4%80.4%
$10.00Sep 4Sep 18$0.4293.5%81.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 12 found (cheapest 6.81% of stock, avg 14.84%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$10.00Sep 4$0.51$0.19$0.70$9.30$10.706.81%
$10.50Sep 4$0.27$0.51$0.78$9.72$11.287.59%
$9.50Sep 4$1.05$0.06$1.11$8.39$10.6110.80%
$10.50Sep 11$0.44$0.67$1.11$9.39$11.6110.80%
$11.00Sep 11$0.34$1.05$1.39$9.61$12.3913.52%
$10.00Sep 18$0.87$0.61$1.48$8.52$11.4814.40%
$10.50Sep 18$0.63$0.94$1.57$8.93$12.0715.27%
$9.50Sep 18$1.29$0.40$1.69$7.81$11.1916.44%
$10.00Sep 25$1.01$0.70$1.71$8.29$11.7116.63%
$9.50Sep 25$1.41$0.71$2.12$7.38$11.6220.62%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 54 found (cheapest 0.58% of stock, avg 8.09%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$12.00$9.00Sep 4$0.03$0.03$0.06$8.94$12.06
$12.00$9.50Sep 4$0.03$0.06$0.09$9.41$12.09
$11.50$9.00Sep 4$0.07$0.03$0.10$8.90$11.60
$11.50$9.50Sep 4$0.07$0.06$0.13$9.37$11.63
$11.00$9.00Sep 4$0.12$0.03$0.15$8.85$11.15
$11.00$9.50Sep 4$0.12$0.06$0.18$9.32$11.18
$12.00$10.00Sep 4$0.03$0.19$0.22$9.78$12.22
$11.50$8.50Sep 11$0.19$0.08$0.27$8.23$11.77
$11.50$10.00Sep 4$0.07$0.19$0.26$9.74$11.76
$11.00$10.00Sep 4$0.12$0.19$0.31$9.69$11.31

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 9.00, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$9.00$10.00$11.00Oct 16$0.10$0.9028%9.00
$10.00$10.50$11.00Sep 4$0.09$0.4142%4.56
$9.50$10.00$10.50Sep 11$0.08$0.4224%5.25
$10.50$11.00$11.50Sep 4$0.10$0.4028%4.00
$10.00$10.50$11.00Sep 18$0.08$0.4220%5.25
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$9.00$9.50$10.00Sep 4$0.10$0.4029%4.00
$9.50$10.00$10.50Sep 4$0.19$0.3144%1.63
$8.50$9.00$9.50Sep 18$0.11$0.3919%3.55
$9.50$10.00$10.50Sep 18$0.12$0.3821%3.17
$8.50$9.00$9.50Sep 25$0.27$0.2312%0.85

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 24 found (best net $-0.05, 19 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.50$10.001:2Oct 2-$0.05$1.45
$10.00$11.001:2Oct 9-$0.29$0.71
$11.00$12.001:2Sep 18-$0.11$0.89
$10.00$11.001:2Oct 16-$0.41$0.59
$10.00$10.501:2Sep 11-$0.17$0.33
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.50$9.001:2Sep 11-$0.07$1.43
$11.00$10.501:2Sep 11-$0.29$0.21
$11.00$10.001:2Oct 16-$0.47$0.53
$10.00$9.501:2Sep 18-$0.19$0.31
$10.50$10.001:2Sep 18-$0.28$0.22

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 18 found (best yield 5.16%, avg 3.64%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.00Oct 16$0.530.3516.7%5.16%21.89%14726
$11.00Oct 16$0.750.457.0%7.30%14.30%242.7K
$11.00Oct 9$0.550.457.0%5.35%12.35%1--
$11.50Sep 25$0.310.4011.9%3.02%14.88%--12
$11.00Oct 2$0.450.457.0%4.38%11.38%--11
$10.50Sep 25$0.640.502.1%6.23%8.37%4175
$11.00Sep 25$0.420.437.0%4.09%11.09%1453
$10.50Sep 18$0.590.472.1%5.74%7.88%332.4K
$11.00Sep 18$0.420.387.0%4.09%11.09%731.5K
$12.00Sep 25$0.240.2616.7%2.33%19.07%--23

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 10,340
Total Puts 646
Put/Call Ratio 0.06
Net Difference 9,694

Prior's Put/Call Breakdown

Total Calls 20,479
Total Puts 1,111
Put/Call Ratio 0.05
Net Difference 19,368

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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