Tour v492
NVAX
NOVAVAX INC
$7.70 +0.52%
$7.77 (+0.91%)🌙
as of 08/05 06:10 PM
8/5 18:10

Option Volume

Detail
Current (08/05) 4,283
Calls: 3,500 (82%)
Puts: 783 (18%)
Prior (08/04) 3,247
Calls: 2,960 (91%)
Puts: 287 (9%)
Current vs Prior +31.91%
Calls: +18.24% (Calls)
Puts: +172.82% (Puts)
Prior 7-Day Total 38,944
Calls: 33,550 (86%)
Puts: 5,394 (14%)
Prior 7-Day Average 5,563
Calls: 4,792 (86%)
Puts: 770 (14%)
Current vs Prior 7-Day Avg -23.02%
Calls: -26.97%
Puts: +1.61%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/05) $253.6K
Calls: $206.8K (82%)
Puts: $46.8K (18%)
Prior (08/04) $364.1K
Calls: $338.4K (93%)
Puts: $25.7K (7%)
Current vs Prior -30.35%
Calls: -38.90%
Puts: +82.50%
Prior 7-Day Total $2.46M
Calls: $2.20M (89%)
Puts: $263.4K (11%)
Prior 7-Day Average $351.9K
Calls: $314.2K (89%)
Puts: $37.6K (11%)
Current vs Prior 7-Day Avg -27.93%
Calls: -34.20%
Puts: +24.43%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/05) 0.22
Prior (08/04) 0.10
Current vs Prior +130.73%
Prior 7-Day Average 0.19
Current vs Prior 7-Day Avg +14.76%
Sentiment BULLISH

Open Interest

Detail
Current (08/05) 65,579
Calls: 63,237 (96%)
Puts: 2,342 (4%)
Prior (08/04) 80,028
Calls: 74,013 (92%)
Puts: 6,015 (8%)
Current vs Prior -18.05%
Prior 7-Day Total 954,955
Calls: 691,575 (72%)
Puts: 263,380 (28%)
Prior 7-Day Average 136,422
Calls: 98,796 (72%)
Puts: 37,625 (28%)
Current vs Prior 7-Day Avg -51.93%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 11.30% | 16.88%15.32% | 22.47%
Prior 15.27% | 13.45%14.62% | 22.19%
Current vs Prior -26.03% | +25.56%+4.81% | +1.24%
Prior 7-Day Avg 9.65% | 16.49%17.73% | 23.16%
Current vs 7-Day Avg +17.05% | +2.37%-13.58% | -3.00%
Prior 7-Day Eod 15.27% | 13.45%14.62% | 22.19%
Current vs 7-Day Eod -26.03% | +25.56%+4.81% | +1.24%
Sentiment BULLISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 23.80% | 37.52%
Calls: 8.89% | 31.15%
Puts: 38.71% | 43.90%
Prior 51.07% | 26.48%
Calls: 44.00% | 17.78%
Puts: 58.14% | 35.19%
Current vs Prior -53.40% | +41.69%
Prior 7-Day Avg 51.07% | 26.48%
Calls: 44.00% | 17.78%
Puts: 58.14% | 35.19%
Current vs 7-Day Avg -53.40% | +41.69%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($206.8K) vs puts ($46.8K). Extreme bullish P/C ratio of 0.22 - heavy call buying (3,500 calls vs 783 puts). P/C ratio rising 131% - increased hedging/bearish positioning. Call-heavy open interest (63,237 calls vs 2,342 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

📈 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. 1 found (avg $0.27, cheapest $0.27)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 70.240.29$0.2718.5%1.3K0.431.9K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 15 found (avg delta 0.66, highest 0.91)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Aug 70.363.15$1.76158.5%10.911
$7.00Aug 70.311.25$0.78120.5%30.831.6K
$7.00Sep 40.212.02$1.12161.6%10.70--
$7.00Sep 181.001.54$1.2742.5%50.6668
$7.50Aug 70.350.80$0.5778.9%1600.63329
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 70.921.94$1.4371.3%210.8920
$9.00Sep 181.222.29$1.7660.8%10.66--
$9.00Sep 110.183.50$1.84180.4%10.61--
$8.00Aug 70.282.30$1.29156.6%1350.59139
$8.00Aug 210.751.11$0.9338.7%10.55--

Most actively traded options today. High liquidity = easy entry/exit. 37 active (total vol 2.8K, top 1.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 70.240.29$0.2718.5%1.3K0.431.9K
$9.00Aug 70.050.11$0.0875.0%2480.16283
$8.50Aug 140.150.31$0.2369.6%2150.29206
$7.50Aug 70.350.80$0.5778.9%1600.63329
$8.50Aug 70.120.18$0.1540.0%1110.27841
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 70.282.30$1.29156.6%1350.59139
$7.00Aug 70.060.13$0.1070.0%1160.18770
$7.50Aug 70.260.34$0.3026.7%1000.3873
$6.50Aug 70.040.07$0.0650.0%850.10117
$9.00Aug 70.921.94$1.4371.3%210.8920

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 114.5%, max 287.2%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Aug 7Sep 18161.1%79.8%101.9%1.3K3.2K
$8.50Aug 7Aug 21177.1%91.9%92.7%172970
$7.00Aug 7Sep 18166.6%87.9%89.5%81.6K
$7.50Aug 7Sep 4191.2%100.9%89.5%161329
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Aug 7Aug 28201.4%52.0%287.2%89119
$9.00Aug 7Sep 18186.7%85.5%118.2%2220
$7.00Aug 7Sep 4166.6%79.8%108.7%121781
$7.50Aug 7Aug 28191.2%148.6%28.7%10173

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 13 found (best R:R 6.14, avg 2.03)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.50$9.00Aug 14$0.11$0.39$0.113.55$8.61
$8.00$8.50Aug 7$0.12$0.38$0.123.17$8.12
$7.00$7.50Sep 4$0.12$0.38$0.123.17$7.12
$8.00$8.50Aug 21$0.18$0.32$0.181.78$8.18
$7.50$8.00Aug 21$0.20$0.30$0.201.50$7.70
BEAR PUT (2)
BuySellExpiryDebitMax GainMax LossR:RBE
$9.00$8.00Aug 7$0.14$0.86$0.146.14$8.86
$7.50$7.00Aug 7$0.20$0.30$0.201.50$7.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 14 found (best R:R 2.33, avg 0.88)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.50$8.00Aug 7$0.30$0.30$0.201.50$7.80
$7.00$8.00Sep 18$0.60$0.60$0.401.50$7.60
$8.00$9.00Aug 28$0.59$0.59$0.411.44$8.59
$8.00$8.50Aug 14$0.26$0.26$0.241.08$8.26
$7.50$8.00Aug 14$0.22$0.22$0.280.79$7.72
BULL PUT (3)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.50$7.00Aug 21$0.35$0.35$0.152.33$7.15
$7.50$7.00Aug 7$0.20$0.20$0.300.67$7.30
$9.00$8.00Aug 7$0.14$0.14$0.860.16$8.86

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $0.22, cheapest $0.08)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Aug 7Aug 14$0.08177.1%112.9%
$7.50Aug 7Aug 14$0.14191.2%137.1%
$8.00Aug 7Aug 14$0.22161.1%136.6%
$7.00Aug 7Sep 4$0.34166.6%79.8%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$6.50Aug 7Aug 21$0.14201.4%102.1%
$7.00Aug 7Aug 14$0.20166.6%120.5%
$7.50Aug 7Aug 21$0.23191.2%92.7%
$9.00Aug 7Sep 11$0.41186.7%107.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 10 found (cheapest 11.30% of stock, avg 19.49%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$7.50Aug 7$0.57$0.30$0.87$6.63$8.3711.30%
$7.00Aug 7$0.78$0.10$0.88$6.12$7.8811.43%
$7.50Aug 21$0.65$0.53$1.18$6.32$8.6815.32%
$8.00Aug 21$0.45$0.93$1.38$6.62$9.3817.92%
$7.00Sep 4$1.12$0.38$1.50$5.50$8.5019.48%
$9.00Aug 7$0.08$1.43$1.51$7.49$10.5119.61%
$8.00Aug 7$0.27$1.29$1.56$6.44$9.5620.26%
$8.00Aug 14$0.49$1.26$1.75$6.25$9.7522.73%
$6.50Aug 7$1.76$0.06$1.82$4.68$8.3223.64%
$8.00Aug 28$1.54$1.02$2.56$5.44$10.5633.25%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 24 found (cheapest 1.82% of stock, avg 8.49%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$9.00$6.50Aug 7$0.08$0.06$0.14$6.36$9.14
$9.00$7.00Aug 7$0.08$0.10$0.18$6.82$9.18
$8.50$6.50Aug 7$0.15$0.06$0.21$6.29$8.71
$8.50$7.00Aug 7$0.15$0.10$0.25$6.75$8.75
$8.00$6.50Aug 7$0.27$0.06$0.33$6.17$8.33
$9.00$7.00Aug 21$0.18$0.18$0.36$6.64$9.36
$8.00$7.00Aug 7$0.27$0.10$0.37$6.63$8.37
$9.00$7.50Aug 7$0.08$0.30$0.38$7.12$9.38
$9.00$6.50Aug 21$0.18$0.20$0.38$6.12$9.38
$9.00$7.00Aug 14$0.12$0.30$0.42$6.58$9.42

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 1 found (best R:R 1.78, avg credit $0.32)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
7/88/8Aug 7$0.32$0.181.78$7.18$8.32

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 7 found (best R:R 9.00, cheapest $0.05)

CALLS (4)
LowMidHighExpiryDebitMax GainR:R
$8.00$8.50$9.00Aug 7$0.05$0.459.00
$8.00$8.50$9.00Aug 21$0.09$0.414.56
$8.00$8.50$9.00Aug 14$0.15$0.352.33
$7.50$8.00$8.50Aug 7$0.18$0.321.78
PUTS (3)
LowMidHighExpiryDebitMax GainR:R
$7.00$7.50$8.00Aug 21$0.05$0.459.00
$6.50$7.00$7.50Aug 7$0.16$0.342.13
$6.50$7.00$7.50Aug 21$0.37$0.130.35

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 13 found (best net $-0.07, 9 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.00$8.001:2Sep 18-$0.07$0.93
$8.00$9.001:2Aug 28-$0.36$0.64
$8.00$8.501:2Aug 21-$0.09$0.41
$8.50$9.001:2Aug 21-$0.09$0.41
$7.50$8.001:2Aug 21-$0.25$0.25
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$7.501:2Aug 21-$0.13$0.37
$7.00$6.501:2Aug 21-$0.22$0.28
$7.50$7.001:2Aug 7$0.10$0.40
$8.00$7.001:2Aug 14$0.66$0.34
$7.50$7.001:2Aug 21$0.17$0.33

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 10 found (best yield 7.53%, avg 3.08%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.00Sep 18$0.580.473.9%7.53%11.43%11.3K
$8.00Aug 28$0.440.533.9%5.71%9.61%1--
$8.00Aug 14$0.300.453.9%3.90%7.79%53425
$8.00Aug 7$0.240.433.9%3.12%7.01%1.3K1.9K
$8.00Aug 21$0.220.443.9%2.86%6.75%1--
$9.00Aug 28$0.160.4116.9%2.08%18.96%12--
$8.50Aug 14$0.150.2910.4%1.95%12.34%215206
$8.50Aug 7$0.120.2710.4%1.56%11.95%111841
$9.00Aug 14$0.080.1816.9%1.04%17.92%59225
$8.50Aug 21$0.080.3110.4%1.04%11.43%61129

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 3,500
Total Puts 783
Put/Call Ratio 0.22
Net Difference 2,717

Prior's Put/Call Breakdown

Total Calls 2,960
Total Puts 287
Put/Call Ratio 0.10
Net Difference 2,673

Prior 7-Day Put/Call Summary

Total Calls 33,550
Total Puts 5,394
Average Put/Call Ratio 0.19
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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