Tour v528
NVAX
NOVAVAX INC
$10.11 +1.10%
$10.09 (-0.23%)🌙
as of 09/18 06:03 PM
9/18 18:03

Option Volume

Detail
Current (09/18) 10,082
Calls: 9,212 (91%)
Puts: 870 (9%)
Prior (09/17) 16,371
Calls: 14,386 (88%)
Puts: 1,985 (12%)
Current vs Prior -38.42%
Calls: -35.97% (Calls)
Puts: -56.17% (Puts)
Prior 7-Day Total 51,849
Calls: 43,676 (84%)
Puts: 8,173 (16%)
Prior 7-Day Average 7,407
Calls: 6,239 (84%)
Puts: 1,167 (16%)
Current vs Prior 7-Day Avg +36.11%
Calls: +47.64%
Puts: -25.49%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/18) $846.7K
Calls: $813.5K (96%)
Puts: $33.2K (4%)
Prior (09/17) $875.9K
Calls: $805.2K (92%)
Puts: $70.8K (8%)
Current vs Prior -3.34%
Calls: +1.03%
Puts: -53.06%
Prior 7-Day Total $3.19M
Calls: $2.75M (86%)
Puts: $443.8K (14%)
Prior 7-Day Average $455.9K
Calls: $392.5K (86%)
Puts: $63.4K (14%)
Current vs Prior 7-Day Avg +85.70%
Calls: +107.24%
Puts: -47.61%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/18) 0.09
Prior (09/17) 0.14
Current vs Prior -31.55%
Prior 7-Day Average 0.26
Current vs Prior 7-Day Avg -63.67%
Sentiment BULLISH

Open Interest

Detail
Current (09/18) 243,442
Calls: 153,114 (63%)
Puts: 90,328 (37%)
Prior (09/17) 239,700
Calls: 149,965 (63%)
Puts: 89,735 (37%)
Current vs Prior +1.56%
Prior 7-Day Total 1,678,758
Calls: 1,052,561 (63%)
Puts: 626,197 (37%)
Prior 7-Day Average 239,822
Calls: 150,365 (63%)
Puts: 89,456 (37%)
Current vs Prior 7-Day Avg +1.51%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 6.13% | 11.57%6.13% | 14.34%
Prior 3.70% | 7.00%3.70% | 17.40%
Current vs Prior +212.78% | +111.95%+65.74% | -17.57%
Prior 7-Day Avg 6.00% | 9.80%7.16% | 18.32%
Current vs 7-Day Avg +92.90% | +51.45%-14.35% | -21.70%
Prior 7-Day Eod 3.70% | 7.00%3.70% | 17.40%
Current vs 7-Day Eod +212.78% | +111.95%+65.74% | -17.57%
Sentiment BEARISHBEARISH

Relative Spread

Detail
Expiry | Next
Current 56.88% | 30.21%
Calls: 10.42% | 26.09%
Puts: 103.33% | 34.33%
Prior 56.88% | 30.21%
Calls: 10.42% | 26.09%
Puts: 103.33% | 34.33%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 56.88% | 30.21%
Calls: 10.42% | 26.09%
Puts: 103.33% | 34.33%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 96% of dollar volume in calls ($813.5K) vs puts ($33.2K). Dollar volume significantly above 7-day average (86% higher). Extreme bullish P/C ratio of 0.09 - heavy call buying (9,212 calls vs 870 puts). P/C ratio dropping 32% - sentiment shifting bullish.

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 $0.39)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 250.350.42$0.3917.9%5150.52340
$11.00Oct 160.370.45$0.4119.5%710.352.8K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 29 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Sep 180.981.67$1.3351.9%2901.00792
$9.50Sep 180.231.13$0.68132.4%761.00361
$9.00Sep 250.941.21$1.0825.0%1551.00235
$9.00Oct 20.591.46$1.0285.3%11.0019
$9.50Oct 20.501.11$0.8175.3%11.0012
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 180.001.38$0.69200.0%330.9621
$12.00Sep 180.622.49$1.56119.9%30.952
$10.50Sep 180.330.74$0.5475.9%10.9516
$11.50Sep 181.071.86$1.4753.7%30.864
$10.50Sep 250.531.02$0.7862.8%110.6729

Most actively traded options today. High liquidity = easy entry/exit. 54 active (total vol 8.0K, top 4.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 180.060.10$0.0850.0%4.7K0.795.9K
$10.50Sep 250.180.24$0.2128.6%5670.322.0K
$10.00Sep 250.350.42$0.3917.9%5150.52340
$9.00Sep 180.981.67$1.3351.9%2901.00792
$10.00Oct 160.640.90$0.7733.8%1970.554.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 180.000.14$0.07200.0%3140.45203
$10.00Sep 250.000.53$0.27196.3%1570.50151
$9.00Sep 250.030.08$0.0683.3%970.12854
$9.50Sep 250.040.18$0.11127.3%560.25270
$11.00Sep 180.001.38$0.69200.0%330.9621

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 236.0%, max 249.2%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.00Sep 18Oct 30263.8%81.7%222.8%4.7K6.1K
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.00Sep 18Oct 23263.8%75.5%249.2%315304

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 21 found (best R:R 2.33, avg 2.07)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.00$9.50Oct 2$0.21$0.29$0.21100%1.38$9.21
$9.00$10.00Oct 30$0.46$0.54$0.4671%1.17$9.46
$9.50$10.00Oct 2$0.26$0.24$0.26100%0.92$9.76
$11.00$12.00Oct 16$0.17$0.83$0.1735%4.88$11.17
$9.50$10.00Oct 23$0.22$0.28$0.2263%1.27$9.72
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$11.00$10.50Sep 18$0.15$0.35$0.1596%2.33$10.85
$10.50$10.00Oct 9$0.19$0.31$0.1954%1.63$10.31
$10.00$9.50Sep 25$0.16$0.34$0.1650%2.12$9.84
$9.50$9.00Oct 2$0.13$0.37$0.1340%2.85$9.37
$10.50$10.00Oct 23$0.29$0.21$0.2954%0.72$10.21

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 8 found (best R:R 0.69, avg 0.47)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$10.50$11.00Oct 9$0.26$0.26$0.2454%1.08$10.76
$10.50$11.00Sep 25$0.11$0.11$0.3968%0.28$10.61
$11.00$12.00Oct 2$0.10$0.10$0.9077%0.11$11.10
$10.50$11.00Oct 30$0.18$0.18$0.3252%0.56$10.68
$11.00$12.00Oct 16$0.17$0.17$0.8365%0.20$11.17
BULL PUT (3)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$10.00$9.00Oct 16$0.41$0.41$0.5955%0.69$9.59
$9.50$9.00Oct 2$0.13$0.13$0.3760%0.35$9.37
$10.00$9.50Sep 25$0.16$0.16$0.3450%0.47$9.84

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $0.20, cheapest $0.20)

CALLS (0)
No calls found
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.00Sep 18Sep 25$0.20263.8%74.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 15 found (cheapest 1.48% of stock, avg 12.01%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$10.00Sep 18$0.08$0.07$0.15$9.85$10.151.48%
$10.50Sep 18$0.01$0.54$0.55$9.95$11.055.44%
$10.00Sep 25$0.39$0.27$0.66$9.34$10.666.53%
$9.50Sep 18$0.68$0.01$0.69$8.81$10.196.82%
$11.00Sep 18$0.01$0.69$0.70$10.30$11.706.92%
$10.50Sep 25$0.21$0.78$0.99$9.51$11.499.79%
$9.50Oct 2$0.81$0.24$1.05$8.45$10.5510.39%
$10.00Oct 16$0.77$0.68$1.45$8.55$11.4514.34%
$10.00Oct 2$0.55$0.91$1.46$8.54$11.4614.44%
$9.50Sep 25$1.38$0.11$1.49$8.01$10.9914.74%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 43 found (cheapest 0.89% of stock, avg 7.16%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$12.00$9.00Sep 25$0.03$0.06$0.09$8.91$12.09
$11.50$9.00Sep 25$0.07$0.06$0.13$8.87$11.63
$11.00$9.00Sep 25$0.10$0.06$0.16$8.84$11.16
$12.00$9.50Sep 25$0.03$0.11$0.14$9.36$12.14
$11.50$8.50Sep 18$0.08$0.09$0.17$8.33$11.67
$11.50$9.50Sep 25$0.07$0.11$0.18$9.32$11.68
$11.50$10.00Sep 18$0.08$0.07$0.15$9.85$11.65
$11.00$9.50Sep 25$0.10$0.11$0.21$9.29$11.21
$12.00$9.00Oct 2$0.10$0.11$0.21$8.79$12.21
$11.00$9.00Oct 2$0.20$0.11$0.31$8.69$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. 17 found (best R:R 6.14, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$10.00$10.50$11.00Sep 18$0.07$0.4376%6.14
$10.00$10.50$11.00Sep 25$0.07$0.4334%6.14
$9.00$9.50$10.00Sep 18$0.05$0.4521%9.00
$10.00$11.00$12.00Oct 16$0.19$0.8133%4.26
$10.50$11.00$11.50Sep 25$0.08$0.4221%5.25
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$9.00$9.50$10.00Sep 18$0.06$0.4443%7.33
$9.00$9.50$10.00Sep 25$0.11$0.3938%3.55
$9.50$10.00$10.50Sep 18$0.41$0.0991%0.22
$8.50$9.00$9.50Sep 18$0.08$0.428%5.25
$9.00$10.00$11.00Oct 16$0.40$0.6041%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. 23 found (best net $-0.13, 13 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.50$9.001:2Oct 2-$0.13$0.37
$11.00$12.001:2Oct 16-$0.07$0.93
$8.50$9.001:2Sep 18-$0.33$0.17
$11.00$12.001:2Oct 2$0.00$1.00
$8.50$9.001:2Sep 25-$0.32$0.18
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$11.00$10.501:2Sep 18-$0.39$0.11
$9.00$8.501:2Sep 18-$0.17$0.33
$10.00$9.001:2Oct 23-$0.84$0.16
$11.50$11.001:2Sep 18$0.09$0.41
$11.00$10.001:2Oct 16$0.13$0.87

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 11 found (best yield 6.43%, avg 2.60%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.50Oct 30$0.650.483.9%6.43%10.29%303
$11.00Oct 30$0.370.418.8%3.66%12.46%37175
$11.00Oct 16$0.370.358.8%3.66%12.46%712.8K
$12.00Oct 16$0.180.2218.7%1.78%20.47%41991
$10.50Oct 9$0.400.463.9%3.96%7.81%--11
$11.00Oct 23$0.210.378.8%2.08%10.88%--106
$10.50Oct 2$0.250.513.9%2.47%6.33%1042
$11.00Oct 9$0.060.348.8%0.59%9.40%--15
$11.00Oct 2$0.140.238.8%1.38%10.19%536
$10.50Sep 25$0.180.323.9%1.78%5.64%5672.0K

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 9,212
Total Puts 870
Put/Call Ratio 0.09
Net Difference 8,342

Prior's Put/Call Breakdown

Total Calls 14,386
Total Puts 1,985
Put/Call Ratio 0.14
Net Difference 12,401

Prior 7-Day Put/Call Summary

Total Calls 43,676
Total Puts 8,173
Average Put/Call Ratio 0.26
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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