Tour v531
NVAX
NOVAVAX INC
$9.40 -3.09%
$9.39 (-0.05%)🌙
as of 10/26 06:07 PM
◀ 10/26 18:07 ▶

Option Volume

Detail
ℹ
Current (10/26) 7,878
Calls: 6,800 (86%)
Puts: 1,078 (14%)
Prior (10/23) 9,201
Calls: 6,441 (70%)
Puts: 2,760 (30%)
Current vs Prior -14.38%
Calls: +5.57% (Calls)
Puts: -60.94% (Puts)
Prior 7-Day Total 103,356
Calls: 79,132 (77%)
Puts: 24,224 (23%)
Prior 7-Day Average 14,765
Calls: 11,304 (77%)
Puts: 3,460 (23%)
Current vs Prior 7-Day Avg -46.64%
Calls: -39.85%
Puts: -68.85%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (10/26) $649.2K
Calls: $559.2K (86%)
Puts: $90.0K (14%)
Prior (10/23) $1.03M
Calls: $754.5K (73%)
Puts: $275.1K (27%)
Current vs Prior -36.95%
Calls: -25.89%
Puts: -67.30%
Prior 7-Day Total $10.33M
Calls: $8.60M (83%)
Puts: $1.72M (17%)
Prior 7-Day Average $1.48M
Calls: $1.23M (83%)
Puts: $246.2K (17%)
Current vs Prior 7-Day Avg -56.00%
Calls: -54.51%
Puts: -63.47%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (10/26) 0.16
Prior (10/23) 0.43
Current vs Prior -63.00%
Prior 7-Day Average 0.30
Current vs Prior 7-Day Avg -47.35%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (10/26) 257,588
Calls: 165,959 (64%)
Puts: 91,629 (36%)
Prior (10/23) 284,999
Calls: 183,048 (64%)
Puts: 101,951 (36%)
Current vs Prior -9.62%
Prior 7-Day Total 1,913,252
Calls: 1,247,207 (65%)
Puts: 666,045 (35%)
Prior 7-Day Average 273,321
Calls: 178,172 (65%)
Puts: 95,149 (35%)
Current vs Prior 7-Day Avg -5.76%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (10/30) | Next (11/06)Expiry (11/20) | Next (12/18)
Current 11.60% | 15.43%18.94% | 25.32%
Prior 9.79% | 18.45%20.72% | 28.45%
Current vs Prior +18.40% | -16.41%-8.62% | -11.02%
Prior 7-Day Avg 8.70% | 14.36%18.37% | 25.52%
Current vs 7-Day Avg +33.22% | +7.45%+3.08% | -0.79%
Prior 7-Day Eod 9.79% | 18.45%20.72% | 28.45%
Current vs 7-Day Eod +18.40% | -16.41%-8.62% | -11.02%
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

Strong bullish conviction with 86% of dollar volume in calls ($559.2K) vs puts ($90.0K). Extreme bullish P/C ratio of 0.16 - heavy call buying (6,800 calls vs 1,078 puts). P/C ratio dropping 63% - sentiment shifting bullish. Call-heavy open interest (165,959 calls vs 91,629 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. 24 found (avg delta 0.66, highest 0.93)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Nov 200.902.22$1.5684.6%20.787
$9.00Oct 300.500.64$0.5724.6%490.7752
$9.00Nov 130.571.40$0.9884.7%730.6410
$9.00Nov 200.881.60$1.2458.1%70.61463
$9.00Nov 60.481.37$0.9395.7%10.615
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Oct 300.671.50$1.0976.1%20.931.0K
$11.00Oct 300.992.33$1.6680.7%60.91137
$10.00Oct 300.432.43$1.43139.9%600.79136
$11.00Nov 61.262.50$1.8866.0%--0.7730
$11.00Nov 201.602.21$1.9131.9%--0.71256

Most actively traded options today. High liquidity = easy entry/exit. 49 active (total vol 3.2K, top 700)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Nov 60.190.50$0.3588.6%7000.31164
$10.00Nov 200.700.93$0.8228.0%3760.47890
$9.50Oct 300.300.77$0.5487.0%3430.5321
$10.00Oct 300.020.21$0.12158.3%2420.27216
$11.00Oct 300.030.13$0.08125.0%2000.14400
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Oct 300.020.20$0.11163.6%2220.24221
$8.50Oct 300.010.15$0.08175.0%1650.1541
$8.50Nov 200.230.68$0.4697.8%1210.291
$10.00Oct 300.432.43$1.43139.9%600.79136
$8.50Nov 60.010.54$0.28189.3%420.2655

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 40.7%, max 51.3%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.50Oct 30Nov 20138.9%91.8%51.3%34343
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.50Oct 30Nov 20138.9%91.8%51.3%311.8K
$9.00Oct 30Nov 2775.5%63.2%19.6%234239

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 22 found (best R:R 2.12, avg 1.96)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$8.00$9.00Nov 20$0.32$0.68$0.3278%2.12$8.32
$10.00$11.00Nov 13$0.20$0.80$0.2046%4.00$10.20
$9.00$9.50Nov 13$0.19$0.31$0.1964%1.63$9.19
$10.00$10.50Nov 20$0.11$0.39$0.1147%3.55$10.11
$9.50$10.00Nov 13$0.16$0.34$0.1655%2.12$9.66
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.50$10.00Nov 6$0.11$0.39$0.1168%3.55$10.39
$11.00$10.50Nov 20$0.11$0.39$0.1171%3.55$10.89
$10.50$10.00Nov 13$0.22$0.28$0.2268%1.27$10.28
$9.50$9.00Nov 13$0.14$0.36$0.1447%2.57$9.36
$9.00$8.50Nov 13$0.15$0.35$0.1537%2.33$8.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 13 found (best R:R 2.33, avg 0.73)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$10.50$11.00Nov 20$0.35$0.35$0.1559%2.33$10.85
$9.50$10.00Nov 6$0.24$0.24$0.2651%0.92$9.74
$10.50$11.00Nov 6$0.14$0.14$0.3669%0.39$10.64
$9.50$10.00Nov 13$0.16$0.16$0.3445%0.47$9.66
$10.00$10.50Nov 20$0.11$0.11$0.3953%0.28$10.11
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.50$8.00Nov 13$0.26$0.26$0.2471%1.08$8.24
$9.00$8.50Nov 6$0.26$0.26$0.2461%1.08$8.74
$9.00$8.50Nov 20$0.22$0.22$0.2862%0.79$8.78
$8.50$8.00Dec 4$0.20$0.20$0.3063%0.67$8.30
$8.50$8.00Nov 20$0.14$0.14$0.3671%0.39$8.36

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.18, cheapest $0.09)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.50Oct 30Nov 6$0.09138.9%110.6%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.50Oct 30Nov 6$0.27138.9%110.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 12 found (cheapest 7.23% of stock, avg 16.41%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.00Oct 30$0.57$0.11$0.68$8.32$9.687.23%
$9.50Oct 30$0.54$0.55$1.09$8.41$10.5911.60%
$9.50Nov 6$0.63$0.82$1.45$8.05$10.9515.43%
$9.00Nov 6$0.93$0.54$1.47$7.53$10.4715.64%
$10.00Oct 30$0.12$1.43$1.55$8.45$11.5516.49%
$10.00Nov 6$0.39$1.17$1.56$8.44$11.5616.60%
$9.50Nov 13$0.79$0.77$1.56$7.94$11.0616.60%
$9.00Nov 13$0.98$0.63$1.61$7.39$10.6117.13%
$9.50Nov 20$0.84$0.94$1.78$7.72$11.2818.94%
$10.00Nov 13$0.63$1.19$1.82$8.18$11.8219.36%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 50 found (cheapest 0.96% of stock, avg 8.81%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.50$8.00Oct 30$0.06$0.03$0.09$7.91$10.59
$11.00$8.00Oct 30$0.08$0.03$0.11$7.89$11.11
$10.50$8.50Oct 30$0.06$0.08$0.14$8.36$10.64
$11.00$8.50Oct 30$0.08$0.08$0.16$8.34$11.16
$10.00$8.00Oct 30$0.12$0.03$0.15$7.85$10.15
$10.50$9.00Oct 30$0.06$0.11$0.17$8.83$10.67
$11.00$9.00Oct 30$0.08$0.11$0.19$8.81$11.19
$10.00$8.50Oct 30$0.12$0.08$0.20$8.30$10.20
$10.00$9.00Oct 30$0.12$0.11$0.23$8.77$10.23
$11.00$8.00Nov 6$0.21$0.27$0.48$7.52$11.48

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. 14 found (best R:R 7.33, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$9.00$9.50$10.00Nov 6$0.06$0.4424%7.33
$10.00$10.50$11.00Oct 30$0.08$0.4213%5.25
$9.50$10.00$10.50Nov 6$0.20$0.3018%1.50
$9.50$10.00$10.50Oct 30$0.36$0.1438%0.39
$9.00$9.50$10.00Nov 20$0.38$0.1215%0.32
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$9.00$9.50$10.00Nov 6$0.07$0.4323%6.14
$8.00$8.50$9.00Nov 20$0.08$0.4217%5.25
$8.00$8.50$9.00Nov 6$0.25$0.2518%1.00
$9.00$9.50$10.00Oct 30$0.44$0.0654%0.14
$9.00$9.50$10.00Nov 13$0.28$0.2219%0.79

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 27 found (best net $-0.23, 23 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$11.001:2Nov 13-$0.23$0.77
$9.50$10.001:2Nov 6-$0.15$0.35
$10.50$11.001:2Nov 6-$0.07$0.43
$10.50$11.001:2Oct 30-$0.10$0.40
$9.00$9.501:2Nov 6-$0.33$0.17
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.50$10.001:2Nov 27-$0.24$0.26
$9.00$8.501:2Oct 30-$0.05$0.45
$8.50$8.001:2Dec 4-$0.18$0.32
$9.50$9.001:2Nov 6-$0.26$0.24
$8.50$8.001:2Nov 20-$0.18$0.32

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 13 found (best yield 7.45%, avg 3.29%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.00Nov 20$0.700.476.4%7.45%13.83%376890
$10.50Nov 20$0.330.4111.7%3.51%15.21%--86
$11.00Nov 13$0.260.3217.0%2.77%19.79%11524
$11.00Nov 20$0.220.2917.0%2.34%19.36%11.4K
$9.50Nov 20$0.580.531.1%6.17%7.23%--22
$10.00Nov 13$0.320.466.4%3.40%9.79%111
$10.50Nov 6$0.190.3111.7%2.02%13.72%700164
$11.00Nov 6$0.120.2217.0%1.28%18.30%101641
$10.50Nov 27$0.090.3411.7%0.96%12.66%44--
$9.50Nov 13$0.390.551.1%4.15%5.21%--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 6,800
Total Puts 1,078
Put/Call Ratio 0.16
Net Difference 5,722

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 79,132
Total Puts 24,224
Average Put/Call Ratio 0.30
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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