Tour v531
NVAX
NOVAVAX INC
$11.01 -3.67%
$10.99 (-0.22%)🌙
as of 10/21 06:07 PM
◀ 10/21 18:07 ▶

Option Volume

Detail
ℹ
Current (10/21) 7,644
Calls: 6,128 (80%)
Puts: 1,516 (20%)
Prior (10/20) 14,763
Calls: 13,252 (90%)
Puts: 1,511 (10%)
Current vs Prior -48.22%
Calls: -53.76% (Calls)
Puts: +0.33% (Puts)
Prior 7-Day Total 110,272
Calls: 87,930 (80%)
Puts: 22,342 (20%)
Prior 7-Day Average 15,753
Calls: 12,561 (80%)
Puts: 3,191 (20%)
Current vs Prior 7-Day Avg -51.48%
Calls: -51.22%
Puts: -52.50%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (10/21) $772.5K
Calls: $693.7K (90%)
Puts: $78.9K (10%)
Prior (10/20) $1.03M
Calls: $928.9K (90%)
Puts: $98.3K (10%)
Current vs Prior -24.79%
Calls: -25.33%
Puts: -19.75%
Prior 7-Day Total $11.52M
Calls: $10.10M (88%)
Puts: $1.42M (12%)
Prior 7-Day Average $1.65M
Calls: $1.44M (88%)
Puts: $202.4K (12%)
Current vs Prior 7-Day Avg -53.05%
Calls: -51.93%
Puts: -61.04%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (10/21) 0.25
Prior (10/20) 0.11
Current vs Prior +116.97%
Prior 7-Day Average 0.22
Current vs Prior 7-Day Avg +10.21%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (10/21) 274,607
Calls: 175,031 (64%)
Puts: 99,576 (36%)
Prior (10/20) 267,362
Calls: 168,587 (63%)
Puts: 98,775 (37%)
Current vs Prior +2.71%
Prior 7-Day Total 1,967,460
Calls: 1,281,262 (65%)
Puts: 686,198 (35%)
Prior 7-Day Average 281,065
Calls: 183,037 (65%)
Puts: 98,028 (35%)
Current vs Prior 7-Day Avg -2.30%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (10/23) | Next (10/30)Expiry (11/20) | Next (12/18)
Current 8.63% | 14.53%23.34% | 25.89%
Prior 8.40% | 14.70%23.62% | 27.21%
Current vs Prior +2.73% | -1.13%-1.18% | -4.86%
Prior 7-Day Avg 9.02% | 13.72%13.09% | 24.72%
Current vs 7-Day Avg -4.29% | +5.92%+78.34% | +4.73%
Prior 7-Day Eod 8.40% | 14.70%23.62% | 27.21%
Current vs 7-Day Eod +2.73% | -1.13%-1.18% | -4.86%
Sentiment BEARISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 30.70% | 64.59%
Calls: 20.83% | 29.17%
Puts: 40.58% | 100.00%
Prior 30.70% | 64.59%
Calls: 20.83% | 29.17%
Puts: 40.58% | 100.00%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 29.01% | 70.53%
Calls: 20.35% | 30.08%
Puts: 37.69% | 110.97%
Current vs 7-Day Avg +5.81% | -8.42%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 90% of dollar volume in calls ($693.7K) vs puts ($78.9K). Below-average activity with volume down 48% vs prior. Extreme bullish P/C ratio of 0.25 - heavy call buying (6,128 calls vs 1,516 puts). P/C ratio rising 117% - 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. 1 found (avg $0.70, cheapest $0.70)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Oct 300.640.76$0.7017.1%650.56167
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 35 found (avg delta 0.70, highest 0.96)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Oct 230.503.90$2.20154.5%30.962
$9.00Oct 300.284.20$2.24175.0%--0.9126
$9.50Oct 230.902.39$1.6590.3%110.9041
$10.00Oct 230.701.11$0.9145.1%2110.89773
$9.50Oct 301.081.92$1.5056.0%180.8511
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Oct 231.162.61$1.8877.1%10.9321
$12.50Oct 230.941.62$1.2853.1%20.9043
$13.00Oct 300.193.50$1.85178.9%--0.8527
$12.00Oct 230.731.15$0.9444.7%210.83911
$12.50Oct 300.723.20$1.96126.5%--0.7318

Most actively traded options today. High liquidity = easy entry/exit. 58 active (total vol 4.7K, top 1.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Oct 300.250.53$0.3971.8%1.3K0.422.8K
$13.00Oct 300.150.20$0.1827.8%6690.19930
$12.00Oct 230.070.10$0.0933.3%3080.171.8K
$10.00Oct 230.701.11$0.9145.1%2110.89773
$12.50Oct 300.210.47$0.3476.5%1620.29416
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Oct 230.130.40$0.27100.0%7480.498.9K
$12.50Nov 201.792.47$2.1331.9%1060.61--
$10.50Oct 300.220.56$0.3987.2%1030.33721
$9.50Oct 300.040.32$0.18155.6%370.16152
$12.00Oct 230.731.15$0.9444.7%210.83911

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 19.5%, max 27.1%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$12.00Oct 23Nov 20120.6%94.9%27.1%4074.8K
$10.50Oct 23Nov 20105.0%83.6%25.6%21196
$11.50Oct 23Nov 20112.5%101.3%11.1%802.2K
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$12.00Oct 23Nov 20120.6%94.9%27.1%231.6K
$10.50Oct 23Nov 20105.0%83.6%25.6%5208
$11.50Oct 23Nov 20112.5%101.3%11.1%--162
$11.00Oct 23Nov 2783.6%76.9%8.6%7488.9K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 33 found (best R:R 1.86, avg 1.73)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.00$11.00Nov 13$0.35$0.65$0.3575%1.86$10.35
$9.50$10.00Oct 30$0.18$0.32$0.1885%1.78$9.68
$11.00$11.50Nov 20$0.13$0.37$0.1358%2.85$11.13
$10.50$11.00Nov 20$0.18$0.32$0.1865%1.78$10.68
$11.50$12.00Nov 6$0.10$0.40$0.1048%4.00$11.60
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$12.00$11.50Oct 23$0.26$0.24$0.2683%0.92$11.74
$10.50$10.00Oct 30$0.10$0.40$0.1033%4.00$10.40
$11.00$10.50Oct 23$0.13$0.37$0.1349%2.85$10.87
$11.50$11.00Nov 20$0.21$0.29$0.2150%1.38$11.29
$12.50$11.00Nov 6$0.86$0.64$0.8667%0.74$11.64

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 19 found (best R:R 3.17, avg 0.94)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$12.50$13.00Nov 27$0.37$0.37$0.1355%2.85$12.87
$12.50$13.00Nov 20$0.27$0.27$0.2360%1.17$12.77
$12.50$13.00Oct 30$0.16$0.16$0.3471%0.47$12.66
$11.50$12.00Nov 20$0.27$0.27$0.2348%1.17$11.77
$12.50$13.00Nov 13$0.20$0.20$0.3060%0.67$12.70
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$10.00$9.50Nov 6$0.38$0.38$0.1269%3.17$9.62
$10.00$9.00Nov 20$0.44$0.44$0.5669%0.79$9.56
$11.00$9.00Nov 27$0.68$0.68$1.3257%0.52$10.32
$11.00$10.50Nov 20$0.35$0.35$0.1556%2.33$10.65
$9.50$9.00Nov 6$0.19$0.19$0.3177%0.61$9.31

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.29, cheapest $0.22)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$11.50Oct 23Oct 30$0.22112.5%80.1%
$11.00Oct 23Oct 30$0.4383.6%91.5%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$11.50Oct 23Oct 30$0.22112.5%80.1%
$11.00Oct 23Oct 30$0.3183.6%91.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 21 found (cheapest 4.90% of stock, avg 15.89%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$11.00Oct 23$0.27$0.27$0.54$10.46$11.544.90%
$10.50Oct 23$0.57$0.14$0.71$9.79$11.216.45%
$11.50Oct 23$0.17$0.68$0.85$10.65$12.357.72%
$10.00Oct 23$0.91$0.05$0.96$9.04$10.968.72%
$12.00Oct 23$0.09$0.94$1.03$10.97$13.039.36%
$11.00Oct 30$0.70$0.58$1.28$9.72$12.2811.63%
$11.50Oct 30$0.39$0.90$1.29$10.21$12.7911.72%
$10.50Oct 30$1.01$0.39$1.40$9.10$11.9012.72%
$10.00Oct 30$1.32$0.29$1.61$8.39$11.6114.62%
$11.00Nov 6$0.98$0.89$1.87$9.13$12.8716.98%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 87 found (cheapest 0.73% of stock, avg 9.10%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$13.00$10.00Oct 23$0.03$0.05$0.08$9.92$13.08
$12.50$10.00Oct 23$0.05$0.05$0.10$9.90$12.60
$13.00$9.50Oct 23$0.03$0.07$0.10$9.40$13.10
$12.50$9.50Oct 23$0.05$0.07$0.12$9.38$12.62
$12.00$10.00Oct 23$0.09$0.05$0.14$9.86$12.14
$12.00$9.50Oct 23$0.09$0.07$0.16$9.34$12.16
$13.00$10.50Oct 23$0.03$0.14$0.17$10.33$13.17
$12.50$10.50Oct 23$0.05$0.14$0.19$10.31$12.69
$12.00$10.50Oct 23$0.09$0.14$0.23$10.27$12.23
$11.50$10.00Oct 23$0.17$0.05$0.22$9.78$11.72

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 2 found (best R:R 1.17, avg credit $0.27)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
10/1012/13Oct 30$0.27$0.2346%1.17$9.73$12.77
10/1012/13Oct 30$0.26$0.2437%1.08$10.24$12.76

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 21 found (best R:R 5.25, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$11.00$11.50$12.00Nov 6$0.08$0.4214%5.25
$10.50$11.00$11.50Oct 23$0.20$0.3044%1.50
$10.00$10.50$11.00Nov 20$0.13$0.3713%2.85
$12.00$12.50$13.00Nov 6$0.16$0.3410%2.13
$11.50$12.00$12.50Nov 20$0.19$0.3112%1.63
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$11.50$12.00$12.50Oct 23$0.08$0.4220%5.25
$12.00$12.50$13.00Nov 20$0.06$0.4413%7.33
$10.00$10.50$11.00Oct 30$0.09$0.4121%4.56
$10.50$11.00$11.50Oct 30$0.13$0.3727%2.85
$9.50$10.00$10.50Oct 23$0.11$0.3915%3.55

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 29 found (best net $-0.03, 24 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.50$10.001:2Oct 23-$0.17$0.33
$10.00$10.501:2Oct 23-$0.23$0.27
$11.00$11.501:2Oct 30-$0.08$0.42
$11.00$11.501:2Oct 23-$0.07$0.43
$9.00$10.001:2Nov 20-$0.77$0.23
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$12.50$11.001:2Nov 6-$0.03$1.47
$10.00$9.001:2Nov 13-$0.10$0.90
$10.00$9.501:2Oct 30-$0.07$0.43
$11.50$11.001:2Oct 30-$0.26$0.24
$12.00$11.501:2Oct 30-$0.33$0.17

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 3.25%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$11.50Nov 20$0.960.524.5%8.72%13.17%589
$12.00Nov 20$0.700.459.0%6.36%15.35%993.0K
$13.00Nov 27$0.370.3618.1%3.36%21.44%--147
$12.50Nov 27$0.340.4513.5%3.09%16.62%--27
$13.00Nov 20$0.370.3218.1%3.36%21.44%401.3K
$12.50Nov 20$0.410.4013.5%3.72%17.26%412
$11.50Nov 13$0.710.534.5%6.45%10.90%1182
$12.00Nov 6$0.550.429.0%5.00%13.99%--346
$12.50Nov 13$0.320.4113.5%2.91%16.44%10226
$12.00Nov 13$0.450.459.0%4.09%13.08%523

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 6,128
Total Puts 1,516
Put/Call Ratio 0.25
Net Difference 4,612

Prior's Put/Call Breakdown

Total Calls 13,252
Total Puts 1,511
Put/Call Ratio 0.11
Net Difference 11,741

Prior 7-Day Put/Call Summary

Total Calls 87,930
Total Puts 22,342
Average Put/Call Ratio 0.22
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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