Tour v531
NVAX
NOVAVAX INC
$9.70 -2.90%
$9.73 (+0.31%)🌙
as of 10/23 06:03 PM
◀ 10/23 18:03 ▶

Option Volume

Detail
ℹ
Current (10/23) 9,201
Calls: 6,441 (70%)
Puts: 2,760 (30%)
Prior (10/22) 15,860
Calls: 11,822 (75%)
Puts: 4,038 (25%)
Current vs Prior -41.99%
Calls: -45.52% (Calls)
Puts: -31.65% (Puts)
Prior 7-Day Total 104,527
Calls: 82,434 (79%)
Puts: 22,093 (21%)
Prior 7-Day Average 14,932
Calls: 11,776 (79%)
Puts: 3,156 (21%)
Current vs Prior 7-Day Avg -38.38%
Calls: -45.31%
Puts: -12.55%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (10/23) $1.03M
Calls: $754.5K (73%)
Puts: $275.1K (27%)
Prior (10/22) $1.45M
Calls: $1.21M (84%)
Puts: $238.6K (16%)
Current vs Prior -29.07%
Calls: -37.79%
Puts: +15.26%
Prior 7-Day Total $10.34M
Calls: $8.84M (86%)
Puts: $1.49M (14%)
Prior 7-Day Average $1.48M
Calls: $1.26M (86%)
Puts: $213.2K (14%)
Current vs Prior 7-Day Avg -30.28%
Calls: -40.28%
Puts: +29.02%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (10/23) 0.43
Prior (10/22) 0.34
Current vs Prior +25.45%
Prior 7-Day Average 0.25
Current vs Prior 7-Day Avg +72.04%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (10/23) 284,999
Calls: 183,048 (64%)
Puts: 101,951 (36%)
Prior (10/22) 277,477
Calls: 177,879 (64%)
Puts: 99,598 (36%)
Current vs Prior +2.71%
Prior 7-Day Total 1,926,608
Calls: 1,253,160 (65%)
Puts: 673,448 (35%)
Prior 7-Day Average 275,229
Calls: 179,022 (65%)
Puts: 96,206 (35%)
Current vs Prior 7-Day Avg +3.55%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (10/23) | Next (10/30)Expiry (11/20) | Next (12/18)
Current 3.92% | 9.79%20.72% | 28.45%
Prior 4.90% | 11.01%23.22% | 24.62%
Current vs Prior +99.67% | +67.59%-10.77% | +15.55%
Prior 7-Day Avg 8.70% | 13.32%16.80% | 25.12%
Current vs 7-Day Avg +12.60% | +38.49%+23.32% | +13.26%
Prior 7-Day Eod 4.90% | 11.01%23.22% | 24.62%
Current vs 7-Day Eod +99.67% | +67.59%-10.77% | +15.55%
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 30.70% | 64.59%
Calls: 20.83% | 29.17%
Puts: 40.58% | 100.00%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bullish flow with 73% call dollar volume ($754.5K). Below-average activity with volume down 42% vs prior. Extreme bullish P/C ratio of 0.43 - heavy call buying (6,441 calls vs 2,760 puts). Call-heavy open interest (183,048 calls vs 101,951 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. -- found (avg $--, cheapest $--)

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 33 found (avg delta 0.71, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Oct 230.772.67$1.72110.5%31.0010
$8.00Oct 300.013.85$1.93199.0%10.88--
$9.00Oct 230.001.74$0.87200.0%20.8614
$9.50Oct 230.000.70$0.35200.0%310.8241
$8.50Nov 60.862.25$1.5689.1%10.776
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Oct 230.912.21$1.5683.3%10.98118
$11.00Oct 231.191.35$1.2712.6%60.988.6K
$10.00Oct 230.240.48$0.3666.7%2840.931.6K
$10.50Oct 230.241.15$0.70130.0%140.92203
$11.50Oct 300.062.15$1.11188.3%--0.9190

Most actively traded options today. High liquidity = easy entry/exit. 56 active (total vol 4.9K, top 1.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Oct 230.000.01$0.01100.0%7940.07987
$10.00Nov 200.901.10$1.0020.0%3680.52540
$11.00Nov 200.540.68$0.6123.0%2510.381.4K
$11.00Oct 230.000.01$0.01100.0%1610.021.1K
$10.50Nov 60.230.80$0.52109.6%1520.4214
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Oct 300.210.40$0.3161.3%1.4K0.37264
$10.00Oct 230.240.48$0.3666.7%2840.931.6K
$10.00Nov 201.141.38$1.2619.0%1600.48107
$9.00Oct 230.000.10$0.05200.0%1370.14259
$9.50Nov 200.651.09$0.8750.6%1270.413

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 3 strikes (avg 1703.9%, max 4562.9%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.50Oct 23Nov 20348.5%93.1%274.4%5341
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Oct 23Nov 275904.5%126.6%4562.9%563
$9.50Oct 23Nov 20348.5%93.1%274.4%196271

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 29 found (best R:R 1.36, avg 1.39)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.50$11.50Nov 27$1.27$1.73$1.2772%1.36$9.77
$8.50$9.50Nov 6$0.46$0.54$0.4677%1.17$8.96
$9.50$10.00Nov 20$0.14$0.36$0.1459%2.57$9.64
$9.00$9.50Oct 30$0.27$0.23$0.2776%0.85$9.27
$9.50$10.00Oct 30$0.19$0.31$0.1964%1.63$9.69
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$11.50$11.00Oct 23$0.29$0.21$0.2998%0.72$11.21
$11.00$10.50Oct 30$0.23$0.27$0.2383%1.17$10.77
$11.00$10.50Nov 6$0.20$0.30$0.2069%1.50$10.80
$11.00$10.50Nov 20$0.24$0.26$0.2462%1.08$10.76
$9.50$9.00Nov 20$0.15$0.35$0.1541%2.33$9.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 12 found (best R:R 2.85, avg 0.86)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$10.00$10.50Nov 20$0.30$0.30$0.2048%1.50$10.30
$10.00$11.00Nov 13$0.42$0.42$0.5853%0.72$10.42
$10.50$11.00Oct 30$0.13$0.13$0.3766%0.35$10.63
$10.00$10.50Oct 30$0.18$0.18$0.3252%0.56$10.18
$10.00$10.50Nov 6$0.22$0.22$0.2847%0.79$10.22
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.50$8.00Nov 27$0.37$0.37$0.1371%2.85$8.13
$9.50$9.00Nov 6$0.30$0.30$0.2061%1.50$9.20
$8.50$8.00Nov 6$0.18$0.18$0.3275%0.56$8.32
$9.00$8.50Oct 30$0.12$0.12$0.3875%0.32$8.88
$9.00$8.50Nov 13$0.16$0.16$0.3466%0.47$8.84

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 17 found (cheapest 3.81% of stock, avg 15.08%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$10.00Oct 23$0.01$0.36$0.37$9.63$10.373.81%
$9.50Oct 23$0.35$0.03$0.38$9.12$9.883.92%
$10.50Oct 23$0.02$0.70$0.72$9.78$11.227.42%
$9.00Oct 23$0.87$0.05$0.92$8.08$9.929.48%
$9.50Oct 30$0.64$0.31$0.95$8.55$10.459.79%
$10.00Oct 30$0.45$0.62$1.07$8.93$11.0711.03%
$9.00Oct 30$0.91$0.22$1.13$7.87$10.1311.65%
$10.50Oct 30$0.27$1.16$1.43$9.07$11.9314.74%
$10.00Nov 6$0.74$0.97$1.71$8.29$11.7117.63%
$9.50Nov 6$1.10$0.69$1.79$7.71$11.2918.45%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 62 found (cheapest 0.41% of stock, avg 9.13%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.00$9.50Oct 23$0.01$0.03$0.04$9.46$10.04
$10.50$9.50Oct 23$0.02$0.03$0.05$9.45$10.55
$10.00$9.00Oct 23$0.01$0.05$0.06$8.94$10.06
$10.50$9.00Oct 23$0.02$0.05$0.07$8.93$10.57
$11.50$8.50Oct 30$0.09$0.10$0.19$8.31$11.69
$11.50$8.00Oct 30$0.09$0.13$0.22$7.78$11.72
$11.00$8.50Oct 30$0.14$0.10$0.24$8.26$11.24
$11.00$8.00Oct 30$0.14$0.13$0.27$7.73$11.27
$11.50$9.00Oct 30$0.09$0.22$0.31$8.69$11.81
$11.00$9.00Oct 30$0.14$0.22$0.36$8.64$11.36

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 1 found (best R:R 1.00, avg credit $0.25)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
8/910/11Oct 30$0.25$0.2541%1.00$8.75$10.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 23 found (best R:R 1.78, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$9.00$9.50$10.00Oct 23$0.18$0.3280%1.78
$10.00$10.50$11.00Oct 30$0.05$0.4527%9.00
$9.00$9.50$10.00Oct 30$0.08$0.4228%5.25
$10.50$11.00$11.50Oct 30$0.08$0.4220%5.25
$9.50$10.00$10.50Oct 23$0.35$0.1574%0.43
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$9.00$9.50$10.00Oct 23$0.35$0.1580%0.43
$9.50$10.00$10.50Nov 6$0.08$0.4221%5.25
$10.00$10.50$11.00Nov 13$0.11$0.3918%3.55
$10.50$11.00$11.50Nov 20$0.12$0.3810%3.17
$10.00$10.50$11.00Nov 27$0.14$0.3612%2.57

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 31 found (best net $-0.13, 23 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$10.501:2Oct 30-$0.09$0.41
$8.50$9.501:2Nov 6-$0.64$0.36
$9.50$10.001:2Oct 30-$0.26$0.24
$9.00$9.501:2Oct 30-$0.37$0.13
$10.00$10.501:2Nov 6-$0.30$0.20
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$11.00$10.501:2Oct 23-$0.13$0.37
$10.00$9.001:2Nov 27-$0.15$0.85
$10.50$10.001:2Oct 30-$0.08$0.42
$9.50$9.001:2Nov 6-$0.09$0.41
$8.50$8.001:2Nov 6-$0.07$0.43

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 13 found (best yield 4.54%, avg 4.02%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$11.50Nov 27$0.440.3518.6%4.54%23.09%11
$10.00Nov 20$0.900.523.1%9.28%12.37%368540
$11.00Nov 20$0.540.3813.4%5.57%18.97%2511.4K
$11.50Nov 20$0.420.3318.6%4.33%22.89%194
$10.50Nov 20$0.500.438.2%5.15%13.40%5036
$11.00Nov 6$0.300.3413.4%3.09%16.49%60584
$11.50Nov 13$0.200.2918.6%2.06%20.62%--181
$10.00Nov 13$0.550.473.1%5.67%8.76%--11
$10.00Nov 6$0.440.533.1%4.54%7.63%6696
$10.50Nov 6$0.230.428.2%2.37%10.62%15214

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 6,441
Total Puts 2,760
Put/Call Ratio 0.43
Net Difference 3,681

Prior's Put/Call Breakdown

Total Calls 11,822
Total Puts 4,038
Put/Call Ratio 0.34
Net Difference 7,784

Prior 7-Day Put/Call Summary

Total Calls 82,434
Total Puts 22,093
Average Put/Call Ratio 0.25
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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