Tour v526
NVAX
NOVAVAX INC
$10.23 +1.09%
9/2 10:30

Option Volume

Detail
Current (09/02 10:30am) 11,249
Calls: 10,540 (94%)
Puts: 709 (6%)
Prior (08/19) 23,179
Calls: 22,049 (95%)
Puts: 1,130 (5%)
Current vs Prior -51.47%
Calls: -52.20% (Calls)
Puts: -37.26% (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 -48.75%
Calls: -45.75%
Puts: -71.86%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/02 10:30am) $520.0K
Calls: $496.8K (96%)
Puts: $23.1K (4%)
Prior (08/19) $975.3K
Calls: $962.1K (99%)
Puts: $13.2K (1%)
Current vs Prior -46.69%
Calls: -48.36%
Puts: +75.41%
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 -67.29%
Calls: -65.79%
Puts: -83.16%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02 10:30am) 0.07
Prior (08/19) 0.05
Current vs Prior +31.26%
Prior 7-Day Average 0.13
Current vs Prior 7-Day Avg -48.37%
Sentiment BULLISH

Open Interest

Detail
Current (09/02 10:30am) 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 9.09% | 13.29%17.30% | 21.11%
Prior 6.94% | 10.69%6.94% | 17.18%
Current vs Prior +31.00% | +24.32%+149.32% | +22.91%
Prior 7-Day Avg 9.29% | 12.93%11.05% | 20.75%
Current vs 7-Day Avg -2.12% | +2.84%+56.55% | +1.75%
Prior 7-Day Eod 6.94% | 10.69%17.39% | 21.15%
Current vs 7-Day Eod +31.00% | +24.32%-0.51% | -0.15%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 63.57% | 30.21%
Calls: 23.81% | 26.09%
Puts: 103.33% | 34.33%
Prior 16.10% | 35.97%
Calls: 20.00% | 2.70%
Puts: 12.20% | 69.23%
Current vs Prior +294.84% | -16.01%
Prior 7-Day Avg 42.27% | 48.66%
Calls: 34.99% | 31.45%
Puts: 49.56% | 65.87%
Current vs 7-Day Avg +50.39% | -37.91%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Strong bullish conviction with 96% of dollar volume in calls ($496.8K) vs puts ($23.1K). Below-average activity with volume down 51% vs prior. Extreme bullish P/C ratio of 0.07 - heavy call buying (10,540 calls vs 709 puts). P/C ratio rising 31% - increased hedging/bearish 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
10:30BULLISHBULLISHBULLISH
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 8.5%, best 7.3%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 180.790.85$0.827.3%700.584.7K
$10.00Oct 161.181.30$1.249.7%40.594.8K
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.79, cheapest $0.63)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Sep 180.580.67$0.6314.3%330.472.4K
$10.00Sep 180.790.85$0.827.3%700.584.7K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Oct 160.841.00$0.9217.4%40.41228

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 29 found (avg delta 0.70, highest 0.94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Sep 41.622.27$1.9533.3%--0.94146
$9.00Sep 41.221.50$1.3620.6%450.94355
$8.50Sep 111.622.39$2.0138.3%--0.9062
$9.50Sep 40.781.03$0.9127.5%10.84230
$9.00Sep 181.421.58$1.5010.7%180.80614
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Sep 41.291.85$1.5735.7%10.935
$11.50Sep 40.911.89$1.4070.0%--0.8713
$11.00Sep 110.901.20$1.0528.6%760.651
$10.50Sep 40.350.66$0.5160.8%40.6012
$10.50Sep 110.550.78$0.6734.3%10.551

Most actively traded options today. High liquidity = easy entry/exit. 41 active (total vol 7.3K, top 5.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 40.100.13$0.1225.0%5.3K0.231.3K
$10.50Sep 40.210.29$0.2532.0%3110.401.2K
$11.00Sep 110.220.45$0.3467.6%3110.34861
$12.00Sep 40.020.04$0.0366.7%1750.07511
$11.50Sep 110.190.25$0.2227.3%1430.25164
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Sep 40.010.03$0.02100.0%3180.05617
$9.50Sep 40.050.08$0.0742.9%1950.15370
$11.00Sep 110.901.20$1.0528.6%760.651
$10.00Sep 40.100.27$0.1989.5%390.36326
$9.50Sep 180.260.56$0.4173.2%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. 8 strikes (avg 25.9%, max 44.9%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.00Sep 4Oct 16115.4%79.6%44.9%5.3K3.9K
$10.50Sep 4Oct 2113.8%81.8%39.0%3251.3K
$10.00Sep 4Oct 1690.7%74.9%21.0%788.0K
$9.50Sep 4Sep 2597.0%87.3%11.1%1245
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.50Sep 4Sep 18113.8%88.1%29.2%518
$11.00Sep 11Oct 1696.7%79.6%21.4%76221
$10.00Sep 4Oct 1690.7%74.9%21.0%43554
$9.50Sep 4Oct 997.0%80.9%19.9%195386

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 26 found (best R:R 1.94, avg 1.94)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.00$9.50Sep 18$0.21$0.29$0.2180%1.38$9.21
$11.00$12.00Oct 16$0.24$0.76$0.2446%3.17$11.24
$8.50$9.00Sep 25$0.25$0.25$0.2578%1.00$8.75
$10.50$11.00Sep 25$0.10$0.40$0.1050%4.00$10.60
$10.00$11.00Oct 16$0.39$0.61$0.3960%1.56$10.39
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$12.00$11.50Sep 4$0.17$0.33$0.1793%1.94$11.83
$10.50$9.00Sep 11$0.30$1.20$0.3055%4.00$10.20
$10.00$9.50Sep 25$0.16$0.34$0.1641%2.13$9.84
$10.00$9.50Sep 4$0.12$0.38$0.1236%3.17$9.88
$10.00$9.50Sep 18$0.20$0.30$0.2042%1.50$9.80

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 0.53)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$10.50$11.00Sep 4$0.13$0.13$0.3760%0.35$10.63
$11.00$11.50Sep 11$0.12$0.12$0.3866%0.32$11.12
$10.50$11.00Sep 18$0.18$0.18$0.3253%0.56$10.68
$11.00$12.00Sep 18$0.16$0.16$0.8462%0.19$11.16
$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$0.44$0.44$0.5659%0.79$9.56
$9.50$9.00Sep 18$0.21$0.21$0.2969%0.72$9.29
$10.00$9.50Sep 18$0.20$0.20$0.3058%0.67$9.80
$10.00$9.50Sep 4$0.12$0.12$0.3864%0.32$9.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $0.30, cheapest $0.16)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.50Sep 4Sep 11$0.19113.8%86.3%
$10.00Sep 4Sep 11$0.2790.7%87.5%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.50Sep 4Sep 11$0.16113.8%86.3%
$11.00Sep 11Oct 16$0.4696.7%79.6%
$10.00Sep 4Sep 18$0.4290.7%82.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 12 found (cheapest 5.96% of stock, avg 14.43%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$10.00Sep 4$0.42$0.19$0.61$9.39$10.615.96%
$10.50Sep 4$0.25$0.51$0.76$9.74$11.267.43%
$9.50Sep 4$0.91$0.07$0.98$8.52$10.489.58%
$10.50Sep 11$0.44$0.67$1.11$9.39$11.6110.85%
$11.00Sep 11$0.34$1.05$1.39$9.61$12.3913.59%
$10.00Sep 18$0.82$0.61$1.43$8.57$11.4313.98%
$10.50Sep 18$0.63$0.95$1.58$8.92$12.0815.44%
$10.00Sep 25$0.98$0.70$1.68$8.32$11.6816.42%
$9.50Sep 18$1.29$0.41$1.70$7.80$11.2016.62%
$9.50Sep 25$1.41$0.54$1.95$7.55$11.4519.06%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 50 found (cheapest 0.49% of stock, avg 7.55%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$12.00$9.00Sep 4$0.03$0.02$0.05$8.95$12.05
$11.50$9.00Sep 4$0.07$0.02$0.09$8.91$11.59
$12.00$9.50Sep 4$0.03$0.07$0.10$9.40$12.10
$11.50$9.50Sep 4$0.07$0.07$0.14$9.36$11.64
$11.00$9.00Sep 4$0.12$0.02$0.14$8.86$11.14
$11.00$9.50Sep 4$0.12$0.07$0.19$9.31$11.19
$12.00$10.00Sep 4$0.03$0.19$0.22$9.78$12.22
$11.50$10.00Sep 4$0.07$0.19$0.26$9.74$11.76
$11.50$8.50Sep 11$0.22$0.08$0.30$8.20$11.80
$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. 22 found (best R:R 6.14, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$10.50$11.00$11.50Sep 4$0.08$0.4227%5.25
$10.00$11.00$12.00Oct 16$0.15$0.8524%5.67
$9.00$9.50$10.00Sep 11$0.07$0.4316%6.14
$10.00$10.50$11.00Sep 25$0.08$0.4216%5.25
$9.00$10.00$11.00Oct 16$0.21$0.7928%3.76
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$9.00$9.50$10.00Sep 4$0.07$0.4330%6.14
$9.00$10.00$11.00Oct 16$0.15$0.8528%5.67
$8.50$9.00$9.50Sep 4$0.05$0.4512%9.00
$9.00$9.50$10.00Sep 25$0.08$0.4215%5.25
$9.50$10.00$10.50Sep 4$0.20$0.3044%1.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 28 found (best net $-0.05, 23 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
$10.00$10.501:2Sep 4-$0.08$0.42
$11.00$12.001:2Sep 18-$0.13$0.87
$10.00$10.501:2Sep 11-$0.19$0.31
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.50$9.001:2Sep 11-$0.07$1.43
$11.00$10.001:2Oct 16-$0.33$0.67
$11.00$10.501:2Sep 11-$0.29$0.21
$10.00$9.501:2Sep 18-$0.21$0.29
$10.50$10.001:2Sep 18-$0.27$0.23

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 18 found (best yield 5.18%, avg 3.66%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.00Oct 16$0.530.3517.3%5.18%22.48%14726
$11.00Oct 16$0.750.467.5%7.33%14.86%262.7K
$11.00Oct 9$0.550.467.5%5.38%12.90%1--
$11.50Sep 25$0.310.4012.4%3.03%15.44%--12
$11.00Oct 2$0.450.457.5%4.40%11.93%--11
$10.50Sep 25$0.640.502.6%6.26%8.90%4175
$11.00Sep 25$0.420.437.5%4.11%11.63%1453
$12.00Sep 25$0.240.2717.3%2.35%19.65%--23
$10.50Sep 18$0.580.472.6%5.67%8.31%332.4K
$11.00Sep 18$0.380.387.5%3.71%11.24%741.5K

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 10,540
Total Puts 709
Put/Call Ratio 0.07
Net Difference 9,831

Prior's Put/Call Breakdown

Total Calls 22,049
Total Puts 1,130
Put/Call Ratio 0.05
Net Difference 20,919

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
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All