Tour v531
NVAX
NOVAVAX INC
$12.85 +0.78%
◀ 10/12 10:20 ▶

Option Volume

Detail
ℹ
Current (10/12 10:20am) 3,866
Calls: 2,850 (74%)
Puts: 1,016 (26%)
Prior (10/06) 25,083
Calls: 14,962 (60%)
Puts: 10,121 (40%)
Current vs Prior -84.59%
Calls: -80.95% (Calls)
Puts: -89.96% (Puts)
Prior 7-Day Total 136,639
Calls: 116,518 (85%)
Puts: 20,121 (15%)
Prior 7-Day Average 19,519
Calls: 16,645 (85%)
Puts: 2,874 (15%)
Current vs Prior 7-Day Avg -80.19%
Calls: -82.88%
Puts: -64.65%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (10/12 10:20am) $268.0K
Calls: $236.5K (88%)
Puts: $31.5K (12%)
Prior (10/06) $2.83M
Calls: $1.19M (42%)
Puts: $1.64M (58%)
Current vs Prior -90.54%
Calls: -80.20%
Puts: -98.08%
Prior 7-Day Total $8.99M
Calls: $7.18M (80%)
Puts: $1.80M (20%)
Prior 7-Day Average $1.28M
Calls: $1.03M (80%)
Puts: $257.7K (20%)
Current vs Prior 7-Day Avg -79.12%
Calls: -76.95%
Puts: -87.76%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (10/12 10:20am) 0.36
Prior (10/06) 0.68
Current vs Prior -47.30%
Prior 7-Day Average 0.19
Current vs Prior 7-Day Avg +87.45%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (10/12 10:20am) 290,860
Calls: 185,286 (64%)
Puts: 105,574 (36%)
Prior (10/06) 279,413
Calls: 185,283 (66%)
Puts: 94,130 (34%)
Current vs Prior +4.10%
Prior 7-Day Total 1,569,026
Calls: 1,019,591 (65%)
Puts: 549,435 (35%)
Prior 7-Day Average 224,146
Calls: 145,655 (65%)
Puts: 78,490 (35%)
Current vs Prior 7-Day Avg +29.76%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (10/16) | Next (10/23)Expiry (10/16) | Next (11/20)
Current 11.60% | 14.16%11.60% | 25.99%
Prior 10.80% | 16.81%16.81% | 31.50%
Current vs Prior +7.40% | -15.76%-31.04% | -17.50%
Prior 7-Day Avg 8.73% | 12.29%13.44% | 22.97%
Current vs 7-Day Avg +32.78% | +15.20%-13.71% | +13.14%
Prior 7-Day Eod 10.80% | 16.81%12.35% | 22.71%
Current vs 7-Day Eod +7.40% | -15.76%-6.13% | +14.47%
Sentiment BEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 39.77% | 68.50%
Calls: 37.50% | 37.00%
Puts: 42.03% | 100.00%
Prior 18.90% | 106.16%
Calls: 17.46% | 35.51%
Puts: 20.34% | 176.81%
Current vs Prior +110.42% | -35.47%
Prior 7-Day Avg 35.82% | 45.75%
Calls: 26.93% | 26.16%
Puts: 44.70% | 65.35%
Current vs 7-Day Avg +11.04% | +49.71%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 88% of dollar volume in calls ($236.5K) vs puts ($31.5K). Light premium activity with dollar volume down 91% vs prior. Below-average activity with volume down 85% vs prior. Extreme bullish P/C ratio of 0.36 - heavy call buying (2,850 calls vs 1,016 puts).

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
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 3 of results (avg 8.3%, best 8.1%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Oct 161.431.55$1.498.1%50.84583
$13.00Nov 201.471.60$1.548.4%1510.53462
$12.00Nov 201.912.08$2.008.5%190.632.0K
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.48, cheapest $0.48)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Oct 160.440.51$0.4814.6%4420.4610.5K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 30 found (avg delta 0.70, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Oct 161.612.72$2.1751.2%--1.00130
$11.00Oct 161.282.00$1.6443.9%50.933.4K
$10.50Oct 231.722.60$2.1640.7%--0.9113
$11.50Oct 161.431.55$1.498.1%50.84583
$11.00Oct 231.392.49$1.9456.7%--0.84169
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$15.00Oct 162.142.75$2.4524.9%20.876
$13.50Oct 160.901.61$1.2656.3%10.672
$13.00Oct 160.540.83$0.6942.0%270.546.3K
$13.00Oct 300.181.25$0.72148.6%10.5033

Most actively traded options today. High liquidity = easy entry/exit. 47 active (total vol 2.9K, top 473)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.00Oct 160.180.22$0.2020.0%4730.231.6K
$13.00Oct 160.440.51$0.4814.6%4420.4610.5K
$12.00Oct 160.881.15$1.0126.7%3630.741.6K
$15.00Oct 160.080.12$0.1040.0%3340.125.4K
$13.00Nov 201.471.60$1.548.4%1510.53462
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.50Oct 160.270.58$0.4372.1%3230.40153
$11.00Oct 160.010.09$0.05160.0%2090.08252
$12.00Oct 160.200.28$0.2433.3%1520.27297
$12.00Oct 230.290.60$0.4470.5%420.31133
$13.00Oct 160.540.83$0.6942.0%270.546.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 11 strikes (avg 14.0%, max 50.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$14.50Oct 16Oct 23120.8%96.0%25.8%228
$12.50Oct 16Nov 13101.5%88.6%14.5%631.2K
$13.50Oct 16Oct 30101.1%90.2%12.1%75936
$11.50Oct 16Nov 6104.9%94.7%10.7%51.1K
$12.00Oct 16Nov 20101.7%97.0%4.8%3823.6K
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.50Oct 16Oct 30104.9%69.7%50.5%51.2K
$12.50Oct 16Nov 6101.5%83.9%20.9%323163
$13.00Oct 16Nov 13103.0%97.9%5.2%296.3K
$12.00Oct 16Nov 20101.7%97.0%4.8%164905

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 36 found (best R:R 2.33, avg 1.85)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$11.00$11.50Oct 16$0.15$0.35$0.1593%2.33$11.15
$11.00$11.50Oct 30$0.17$0.33$0.1779%1.94$11.17
$10.50$11.00Oct 23$0.22$0.28$0.2290%1.27$10.72
$13.00$14.00Nov 20$0.28$0.72$0.2853%2.57$13.28
$11.00$11.50Oct 23$0.22$0.28$0.2284%1.27$11.22
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$12.50$11.00Nov 6$0.34$1.16$0.3444%3.41$12.16
$12.00$11.50Oct 23$0.11$0.39$0.1131%3.55$11.89
$11.50$11.00Oct 23$0.10$0.40$0.1023%4.00$11.40
$12.00$11.50Oct 16$0.11$0.39$0.1126%3.55$11.89
$13.00$12.50Oct 16$0.26$0.24$0.2654%0.92$12.74

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 20 found (best R:R 1.04, avg 0.62)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$13.50$14.00Oct 30$0.21$0.21$0.2958%0.72$13.71
$13.00$13.50Oct 16$0.20$0.20$0.3054%0.67$13.20
$13.00$13.50Oct 23$0.21$0.21$0.2949%0.72$13.21
$13.00$14.00Nov 6$0.38$0.38$0.6250%0.61$13.38
$13.50$14.00Oct 23$0.12$0.12$0.3860%0.32$13.62
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$12.00$11.00Nov 20$0.51$0.51$0.4963%1.04$11.49
$12.00$11.50Oct 30$0.33$0.33$0.1766%1.94$11.67
$11.00$10.50Nov 6$0.25$0.25$0.2573%1.00$10.75
$12.50$12.00Oct 23$0.27$0.27$0.2360%1.17$12.23
$11.00$10.50Oct 23$0.12$0.12$0.3883%0.32$10.88

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.23, cheapest $0.22)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$13.50Oct 16Oct 23$0.22101.1%83.3%
$13.00Oct 16Oct 23$0.23103.0%85.2%
$12.50Oct 16Oct 23$0.20101.5%99.6%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.50Oct 16Oct 23$0.28101.5%99.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 12 found (cheapest 9.11% of stock, avg 14.53%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$13.00Oct 16$0.48$0.69$1.17$11.83$14.179.11%
$12.50Oct 16$0.80$0.43$1.23$11.27$13.739.57%
$12.00Oct 16$1.01$0.24$1.25$10.75$13.259.73%
$12.00Oct 23$1.00$0.44$1.44$10.56$13.4411.21%
$13.50Oct 16$0.28$1.26$1.54$11.96$15.0411.98%
$13.00Oct 30$0.85$0.72$1.57$11.43$14.5712.22%
$12.50Oct 23$1.00$0.71$1.71$10.79$14.2113.31%
$12.50Oct 30$1.04$0.84$1.88$10.62$14.3814.63%
$12.00Oct 30$1.44$0.62$2.06$9.94$14.0616.03%
$12.50Nov 6$1.27$1.07$2.34$10.16$14.8418.21%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 69 found (cheapest 1.17% of stock, avg 7.34%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$15.00$11.00Oct 16$0.10$0.05$0.15$10.85$15.15
$14.50$11.00Oct 16$0.16$0.05$0.21$10.79$14.71
$15.00$11.50Oct 16$0.10$0.13$0.23$11.27$15.23
$14.50$11.50Oct 16$0.16$0.13$0.29$11.21$14.79
$14.00$11.00Oct 16$0.20$0.05$0.25$10.75$14.25
$14.00$11.50Oct 16$0.20$0.13$0.33$11.17$14.33
$15.00$12.00Oct 16$0.10$0.24$0.34$11.66$15.34
$15.00$10.50Oct 23$0.25$0.11$0.36$10.14$15.36
$14.50$12.00Oct 16$0.16$0.24$0.40$11.60$14.90
$13.50$11.00Oct 16$0.28$0.05$0.33$10.67$13.83

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 1 found (best R:R 1.04, avg credit $0.51)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
12/1214/15Oct 30$0.51$0.4932%1.04$11.49$14.51

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 20 found (best R:R 6.14, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$11.00$12.00$13.00Nov 20$0.13$0.8720%6.69
$12.50$13.00$13.50Oct 30$0.06$0.4415%7.33
$12.50$13.00$13.50Oct 23$0.08$0.4220%5.25
$13.50$14.00$14.50Oct 23$0.07$0.4314%6.14
$12.50$13.00$13.50Oct 16$0.12$0.3828%3.17
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$12.00$12.50$13.00Oct 16$0.07$0.4327%6.14
$11.50$12.00$12.50Oct 16$0.08$0.4224%5.25
$11.50$12.00$12.50Oct 23$0.16$0.3417%2.12
$12.50$13.00$13.50Oct 16$0.31$0.1927%0.61
$11.00$11.50$12.00Oct 30$0.39$0.1113%0.28

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 27 found (best net $-0.07, 27 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$14.00$15.001:2Oct 30-$0.15$0.85
$13.00$13.501:2Oct 16-$0.08$0.42
$12.50$13.001:2Oct 16-$0.16$0.34
$11.50$12.001:2Oct 23-$0.28$0.22
$13.00$14.001:2Nov 6-$0.38$0.62
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$15.00$13.501:2Oct 16-$0.07$1.43
$13.50$13.001:2Oct 16-$0.12$0.38
$12.50$11.001:2Nov 6-$0.39$1.11
$12.00$11.001:2Nov 20-$0.23$0.77
$13.00$12.501:2Oct 16-$0.17$0.33

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 20 found (best yield 8.72%, avg 3.56%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$14.00Nov 20$1.120.458.9%8.72%17.67%10397
$15.00Nov 20$0.820.3716.7%6.38%23.11%20316
$13.00Nov 20$1.470.531.2%11.44%12.61%151462
$14.00Nov 6$0.450.388.9%3.50%12.45%3108
$13.00Nov 6$0.770.501.2%5.99%7.16%8146
$13.00Oct 30$0.700.491.2%5.45%6.61%5189
$13.00Nov 13$0.680.501.2%5.29%6.46%--55
$15.00Oct 30$0.200.2416.7%1.56%18.29%10119
$14.00Oct 30$0.320.348.9%2.49%11.44%1160
$13.50Oct 23$0.430.405.1%3.35%8.40%2128

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 2,850
Total Puts 1,016
Put/Call Ratio 0.36
Net Difference 1,834

Prior's Put/Call Breakdown

Total Calls 14,962
Total Puts 10,121
Put/Call Ratio 0.68
Net Difference 4,841

Prior 7-Day Put/Call Summary

Total Calls 116,518
Total Puts 20,121
Average Put/Call Ratio 0.19
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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