Tour v490
NVAX
NOVAVAX INC
$7.66 +3.37%
$7.69 (+0.39%)🌙
as of 08/04 06:17 PM
8/4 18:17

Option Volume

Detail
Current (08/04) 3,247
Calls: 2,960 (91%)
Puts: 287 (9%)
Prior (08/03) 12,258
Calls: 11,747 (96%)
Puts: 511 (4%)
Current vs Prior -73.51%
Calls: -74.80% (Calls)
Puts: -43.84% (Puts)
Prior 7-Day Total 43,274
Calls: 37,229 (86%)
Puts: 6,045 (14%)
Prior 7-Day Average 6,182
Calls: 5,318 (86%)
Puts: 863 (14%)
Current vs Prior 7-Day Avg -47.48%
Calls: -44.34%
Puts: -66.77%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/04) $364.1K
Calls: $338.4K (93%)
Puts: $25.7K (7%)
Prior (08/03) $645.6K
Calls: $618.1K (96%)
Puts: $27.5K (4%)
Current vs Prior -43.61%
Calls: -45.25%
Puts: -6.74%
Prior 7-Day Total $2.69M
Calls: $2.39M (89%)
Puts: $299.9K (11%)
Prior 7-Day Average $383.9K
Calls: $341.0K (89%)
Puts: $42.8K (11%)
Current vs Prior 7-Day Avg -5.16%
Calls: -0.77%
Puts: -40.12%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/04) 0.10
Prior (08/03) 0.04
Current vs Prior +122.89%
Prior 7-Day Average 0.20
Current vs Prior 7-Day Avg -51.80%
Sentiment BULLISH

Open Interest

Detail
Current (08/04) 80,028
Calls: 74,013 (92%)
Puts: 6,015 (8%)
Prior (08/03) 195,416
Calls: 125,479 (64%)
Puts: 69,937 (36%)
Current vs Prior -59.05%
Prior 7-Day Total 983,519
Calls: 713,343 (73%)
Puts: 270,176 (27%)
Prior 7-Day Average 140,502
Calls: 101,906 (73%)
Puts: 38,596 (27%)
Current vs Prior 7-Day Avg -43.04%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 15.27% | 13.45%14.62% | 22.19%
Prior 12.01% | 14.71%16.33% | 22.54%
Current vs Prior +27.17% | -8.59%-10.46% | -1.53%
Prior 7-Day Avg 8.41% | 17.18%18.55% | 23.61%
Current vs 7-Day Avg +81.64% | -21.72%-21.20% | -6.00%
Prior 7-Day Eod 12.01% | 14.71%16.33% | 22.54%
Current vs 7-Day Eod +27.17% | -8.59%-10.46% | -1.53%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 51.07% | 26.48%
Calls: 44.00% | 17.78%
Puts: 58.14% | 35.19%
Prior 51.07% | 26.48%
Calls: 44.00% | 17.78%
Puts: 58.14% | 35.19%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 51.07% | 26.48%
Calls: 44.00% | 17.78%
Puts: 58.14% | 35.19%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 93% of dollar volume in calls ($338.4K) vs puts ($25.7K). Below-average activity with volume down 74% vs prior. Extreme bullish P/C ratio of 0.10 - heavy call buying (2,960 calls vs 287 puts). P/C ratio rising 123% - 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

📈 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. 2 found (avg $0.40, cheapest $0.26)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 70.230.28$0.2619.2%1970.401.8K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Aug 210.500.59$0.5416.7%100.4591

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 10 found (avg delta 0.67, highest 0.85)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 70.731.07$0.9037.8%20.781.6K
$7.00Aug 280.581.70$1.1498.2%10.7113
$7.50Aug 140.500.73$0.6237.1%160.606.0K
$7.50Aug 70.341.12$0.73106.8%830.59275
$7.50Sep 110.471.31$0.8994.4%10.57--
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 71.241.97$1.6145.3%60.8524
$8.50Aug 70.801.10$0.9531.6%10.78--
$9.00Aug 280.953.70$2.33118.0%40.75--
$8.00Aug 280.001.05$0.53198.1%10.5514

Most actively traded options today. High liquidity = easy entry/exit. 31 active (total vol 1.3K, top 370)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.020.60$0.31187.1%3700.39405
$8.00Aug 70.230.28$0.2619.2%1970.401.8K
$8.00Aug 140.150.57$0.36116.7%1550.44310
$7.50Aug 70.341.12$0.73106.8%830.59275
$8.50Aug 70.050.18$0.12108.3%680.22805
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Aug 70.060.10$0.0850.0%770.1360
$7.00Aug 70.100.17$0.1450.0%310.22741
$7.50Aug 70.000.88$0.44200.0%210.4153
$7.50Aug 210.500.59$0.5416.7%100.4591
$9.00Aug 71.241.97$1.6145.3%60.8524

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 95.6%, max 148.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.50Aug 7Sep 11194.5%84.0%131.6%84275
$9.00Aug 7Sep 18159.8%87.8%82.1%64299
$8.00Aug 7Sep 18140.8%78.6%79.1%2271.8K
$7.00Aug 7Aug 28146.6%85.4%71.8%31.6K
$8.50Aug 7Sep 4137.7%96.4%42.8%76855
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Aug 7Aug 21174.7%70.4%148.2%81241
$7.50Aug 7Aug 21194.5%85.9%126.4%31144
$9.00Aug 7Aug 28159.8%81.2%96.9%1024
$7.00Aug 7Aug 21146.6%80.6%81.8%331.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 11 found (best R:R 4.26, avg 1.87)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.00$9.00Aug 14$0.19$0.81$0.194.26$8.19
$8.00$9.00Sep 18$0.21$0.79$0.213.76$8.21
$8.00$8.50Aug 7$0.14$0.36$0.142.57$8.14
$7.00$7.50Aug 7$0.17$0.33$0.171.94$7.17
$8.00$8.50Aug 28$0.17$0.33$0.171.94$8.17
BEAR PUT (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.00$6.50Aug 21$0.18$0.32$0.181.78$6.82
$8.50$7.50Aug 7$0.51$0.49$0.510.96$7.99
$7.50$7.00Aug 21$0.26$0.24$0.260.92$7.24
$7.50$7.00Aug 7$0.30$0.20$0.300.67$7.20

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 12 found (best R:R 2.23, avg 0.88)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.00$8.00Aug 28$0.69$0.69$0.312.23$7.69
$7.50$8.00Aug 21$0.27$0.27$0.231.17$7.77
$7.50$8.00Aug 14$0.26$0.26$0.241.08$7.76
$7.00$7.50Aug 7$0.17$0.17$0.330.52$7.17
$8.00$8.50Aug 28$0.17$0.17$0.330.52$8.17
BULL PUT (4)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.50$7.00Aug 7$0.30$0.30$0.201.50$7.20
$7.50$7.00Aug 21$0.26$0.26$0.241.08$7.24
$8.50$7.50Aug 7$0.51$0.51$0.491.04$7.99
$7.00$6.50Aug 21$0.18$0.18$0.320.56$6.82

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $0.23, cheapest $0.09)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.00Aug 7Aug 14$0.09159.8%110.5%
$8.00Aug 7Aug 14$0.10140.8%95.9%
$8.50Aug 7Aug 21$0.19137.7%99.9%
$7.00Aug 7Aug 28$0.24146.6%85.4%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.50Aug 7Aug 21$0.10194.5%85.9%
$7.00Aug 7Aug 21$0.14146.6%80.6%
$9.00Aug 7Aug 28$0.72159.8%81.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 6 found (cheapest 12.79% of stock, avg 15.38%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$8.00Aug 28$0.45$0.53$0.98$7.02$8.9812.79%
$7.00Aug 7$0.90$0.14$1.04$5.96$8.0413.58%
$8.50Aug 7$0.12$0.95$1.07$7.43$9.5713.97%
$7.50Aug 21$0.58$0.54$1.12$6.38$8.6214.62%
$7.50Aug 7$0.73$0.44$1.17$6.33$8.6715.27%
$9.00Aug 7$0.08$1.61$1.69$7.31$10.6922.06%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 18 found (cheapest 2.09% of stock, avg 6.27%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$9.00$6.50Aug 7$0.08$0.08$0.16$6.34$9.16
$8.50$6.50Aug 7$0.12$0.08$0.20$6.30$8.70
$9.00$7.00Aug 7$0.08$0.14$0.22$6.78$9.22
$8.50$7.00Aug 7$0.12$0.14$0.26$6.74$8.76
$9.00$6.50Aug 21$0.22$0.10$0.32$6.18$9.32
$8.00$6.50Aug 7$0.26$0.08$0.34$6.16$8.34
$8.00$7.00Aug 7$0.26$0.14$0.40$6.60$8.40
$8.00$6.50Aug 21$0.31$0.10$0.41$6.09$8.41
$8.50$6.50Aug 21$0.31$0.10$0.41$6.09$8.91
$9.00$7.00Aug 21$0.22$0.28$0.50$6.50$9.50

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. 5 found (best R:R 5.25, cheapest $0.08)

CALLS (3)
LowMidHighExpiryDebitMax GainR:R
$8.00$8.50$9.00Aug 7$0.10$0.404.00
$7.50$8.00$8.50Aug 21$0.27$0.230.85
$7.50$8.00$8.50Aug 7$0.33$0.170.52
PUTS (2)
LowMidHighExpiryDebitMax GainR:R
$6.50$7.00$7.50Aug 21$0.08$0.425.25
$6.50$7.00$7.50Aug 7$0.24$0.261.08

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 12 found (best net $-0.26, 7 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$9.001:2Sep 18-$0.26$0.74
$7.50$8.001:2Aug 14-$0.10$0.40
$8.00$8.501:2Aug 28-$0.11$0.39
$8.50$9.001:2Aug 21-$0.13$0.37
$8.00$8.501:2Aug 21-$0.31$0.19
PUTS (4)
Buy KSell KRatioExpiryNetMax Gain
$9.00$8.501:2Aug 7-$0.29$0.21
$8.50$7.501:2Aug 7$0.07$0.93
$7.00$6.501:2Aug 21$0.08$0.42
$7.50$7.001:2Aug 7$0.16$0.34

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 8 found (best yield 7.96%, avg 3.02%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.00Sep 18$0.610.484.4%7.96%12.40%30--
$8.00Aug 28$0.300.464.4%3.92%8.36%6873
$8.00Aug 7$0.230.404.4%3.00%7.44%1971.8K
$9.00Aug 21$0.180.2417.5%2.35%19.84%11--
$8.00Aug 14$0.150.444.4%1.96%6.40%155310
$9.00Sep 4$0.140.3417.5%1.83%19.32%1615
$9.00Sep 18$0.140.3517.5%1.83%19.32%861
$9.00Aug 14$0.100.2217.5%1.31%18.80%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 2,960
Total Puts 287
Put/Call Ratio 0.10
Net Difference 2,673

Prior's Put/Call Breakdown

Total Calls 11,747
Total Puts 511
Put/Call Ratio 0.04
Net Difference 11,236

Prior 7-Day Put/Call Summary

Total Calls 37,229
Total Puts 6,045
Average Put/Call Ratio 0.20
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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