Tour v492
NVAX
NOVAVAX INC
$7.56 -1.82%
8/6 14:06

Option Volume

Detail
Current (08/06 2:05pm) 4,757
Calls: 4,151 (87%)
Puts: 606 (13%)
Prior (08/05) 3,020
Calls: 2,494 (83%)
Puts: 526 (17%)
Current vs Prior +57.52%
Calls: +66.44% (Calls)
Puts: +15.21% (Puts)
Prior 7-Day Total 108,937
Calls: 93,780 (86%)
Puts: 15,157 (14%)
Prior 7-Day Average 18,156
Calls: 13,397 (86%)
Puts: 2,165 (14%)
Current vs Prior 7-Day Avg -73.80%
Calls: -69.02%
Puts: -72.01%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/06 2:05pm) $135.1K
Calls: $110.7K (82%)
Puts: $24.4K (18%)
Prior (08/05) $147.9K
Calls: $123.2K (83%)
Puts: $24.7K (17%)
Current vs Prior -8.62%
Calls: -10.11%
Puts: -1.21%
Prior 7-Day Total $9.27M
Calls: $8.34M (90%)
Puts: $928.3K (10%)
Prior 7-Day Average $1.54M
Calls: $1.19M (90%)
Puts: $132.6K (10%)
Current vs Prior 7-Day Avg -91.25%
Calls: -90.71%
Puts: -81.57%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/06 2:05pm) 0.15
Prior (08/05) 0.21
Current vs Prior -30.78%
Prior 7-Day Average 0.17
Current vs Prior 7-Day Avg -13.02%
Sentiment BULLISH

Open Interest

Detail
Current (08/06 2:05pm) 207,628
Calls: 136,781 (66%)
Puts: 70,847 (34%)
Prior (08/05) 205,530
Calls: 135,179 (66%)
Puts: 70,351 (34%)
Current vs Prior +1.02%
Prior 7-Day Total 1,047,099
Calls: 793,041 (69%)
Puts: 359,790 (31%)
Prior 7-Day Average 209,419
Calls: 132,173 (69%)
Puts: 59,965 (31%)
Current vs Prior 7-Day Avg -0.86%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 4.89% | 8.20%10.32% | 20.77%
Prior 7.30% | 10.62%15.90% | 24.31%
Current vs Prior -32.92% | -22.79%-35.11% | -14.57%
Prior 7-Day Avg 11.12% | 14.95%15.90% | 24.31%
Current vs 7-Day Avg -55.98% | -45.13%-35.11% | -14.57%
Prior 7-Day Eod 7.30% | 10.62%15.32% | 22.47%
Current vs 7-Day Eod -32.92% | -22.79%-32.67% | -7.57%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Prior 51.07% | 26.48%
Calls: 44.00% | 17.78%
Puts: 58.14% | 35.19%
Current vs Prior +38.48% | +73.90%
Prior 7-Day Avg 46.32% | 55.27%
Calls: 36.15% | 36.04%
Puts: 56.49% | 74.49%
Current vs 7-Day Avg +52.68% | -16.68%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($110.7K) vs puts ($24.4K). Above-average activity with volume up 58% vs prior. Extreme bullish P/C ratio of 0.15 - heavy call buying (4,151 calls vs 606 puts). P/C ratio dropping 31% - 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. -- found (avg $--, cheapest $--)

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 20 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.00Aug 70.480.99$0.7468.9%10.891.6K
$7.00Aug 140.600.88$0.7437.8%30.807
$7.00Aug 210.661.05$0.8645.3%--0.7569
$7.00Aug 280.691.30$1.0061.0%--0.7013
$7.00Sep 181.001.34$1.1729.1%--0.6873
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Aug 70.680.99$0.8436.9%21.0092
$9.00Aug 71.171.67$1.4235.2%251.0040
$9.00Aug 141.221.55$1.3923.7%40.9511
$8.00Aug 70.360.51$0.4434.1%50.94261
$9.00Aug 211.051.70$1.3847.1%--0.80293

Most actively traded options today. High liquidity = easy entry/exit. 37 active (total vol 3.6K, top 1.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 70.020.04$0.0366.7%1.6K0.162.7K
$8.00Aug 140.150.50$0.33106.1%2770.42474
$8.50Aug 140.050.26$0.16131.2%2610.25372
$7.50Aug 70.160.31$0.2462.5%1870.61436
$8.50Aug 210.080.24$0.16100.0%1750.25180
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Aug 210.260.40$0.3342.4%2560.44102
$7.50Aug 70.090.16$0.1353.8%990.40135
$7.00Aug 70.010.05$0.03133.3%460.11850
$6.50Aug 70.010.03$0.02100.0%380.06170
$7.00Aug 140.050.18$0.12108.3%270.2237

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 10 strikes (avg 68.0%, max 156.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.00Aug 7Sep 18149.9%73.4%104.2%44485
$7.00Aug 7Sep 18129.4%66.7%93.9%11.6K
$8.50Aug 7Sep 4120.7%78.0%54.6%166902
$7.50Aug 7Sep 4105.2%70.4%49.5%188452
$8.00Aug 7Sep 1889.5%73.8%21.4%1.7K3.9K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$6.50Aug 7Aug 21189.0%73.6%156.9%38362
$7.00Aug 7Sep 18129.4%66.7%93.9%461.9K
$9.00Aug 7Aug 21149.9%91.0%64.7%25333
$8.00Aug 7Sep 1889.5%73.8%21.4%5389
$7.50Aug 7Aug 28105.2%87.7%20.0%99146

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 20 found (best R:R 4.00, avg 1.94)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.00$8.50Aug 28$0.10$0.40$0.104.00$8.10
$8.50$9.00Aug 14$0.11$0.39$0.113.55$8.61
$7.50$8.00Aug 21$0.11$0.39$0.113.55$7.61
$8.50$9.00Aug 28$0.12$0.38$0.123.17$8.62
$8.00$9.00Sep 18$0.29$0.71$0.292.45$8.29
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$7.50$7.00Aug 7$0.10$0.40$0.104.00$7.40
$7.50$7.00Aug 14$0.12$0.38$0.123.17$7.38
$7.50$7.00Aug 21$0.15$0.35$0.152.33$7.35
$7.50$7.00Aug 28$0.18$0.32$0.181.78$7.32
$8.00$7.00Sep 18$0.56$0.44$0.560.79$7.44

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 25 found (best R:R 5.67, avg 1.42)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.50$8.00Sep 4$0.40$0.40$0.104.00$7.90
$7.00$7.50Aug 14$0.36$0.36$0.142.57$7.36
$7.50$8.00Aug 28$0.31$0.31$0.191.63$7.81
$7.00$8.00Sep 18$0.57$0.57$0.431.33$7.57
$7.00$7.50Aug 28$0.24$0.24$0.260.92$7.24
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$9.00$8.00Aug 14$0.85$0.85$0.155.67$8.15
$8.50$8.00Aug 7$0.40$0.40$0.104.00$8.10
$9.00$8.00Aug 21$0.74$0.74$0.262.85$8.26
$8.00$7.50Aug 7$0.31$0.31$0.191.63$7.69
$8.00$7.50Aug 21$0.31$0.31$0.191.63$7.69

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.15, cheapest $0.09)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.50Aug 7Aug 14$0.14105.2%67.0%
$8.50Aug 7Aug 14$0.15120.7%97.4%
$8.00Aug 7Aug 14$0.3089.5%104.9%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.00Aug 7Aug 14$0.09129.4%78.9%
$8.00Aug 7Aug 14$0.1089.5%104.9%
$7.50Aug 7Aug 14$0.11105.2%67.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 18 found (cheapest 4.89% of stock, avg 14.11%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$7.50Aug 7$0.24$0.13$0.37$7.13$7.874.89%
$8.00Aug 7$0.03$0.44$0.47$7.53$8.476.22%
$7.50Aug 14$0.38$0.24$0.62$6.88$8.128.20%
$7.00Aug 7$0.74$0.03$0.77$6.23$7.7710.19%
$7.50Aug 21$0.45$0.33$0.78$6.72$8.2810.32%
$8.50Aug 7$0.01$0.84$0.85$7.65$9.3511.24%
$7.00Aug 14$0.74$0.12$0.86$6.14$7.8611.38%
$8.00Aug 14$0.33$0.54$0.87$7.13$8.8711.51%
$8.00Aug 21$0.34$0.64$0.98$7.02$8.9812.96%
$7.00Aug 21$0.86$0.18$1.04$5.96$8.0413.76%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 31 found (cheapest 0.66% of stock, avg 6.48%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$8.00$6.50Aug 7$0.03$0.02$0.05$6.45$8.05
$8.00$7.00Aug 7$0.03$0.03$0.06$6.94$8.06
$9.00$6.50Aug 14$0.05$0.03$0.08$6.42$9.08
$8.00$7.50Aug 7$0.03$0.13$0.16$7.34$8.16
$9.00$7.00Aug 14$0.05$0.12$0.17$6.83$9.17
$8.50$6.50Aug 14$0.16$0.03$0.19$6.31$8.69
$9.00$6.50Aug 21$0.15$0.08$0.23$6.27$9.23
$8.50$6.50Aug 21$0.16$0.08$0.24$6.26$8.74
$8.50$7.00Aug 14$0.16$0.12$0.28$6.72$8.78
$9.00$7.50Aug 14$0.05$0.24$0.29$7.21$9.29

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 5 found (best R:R 1.94, avg credit $0.29)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
7/88/8Aug 21$0.33$0.171.94$7.17$8.33
7/88/9Aug 28$0.30$0.201.50$7.20$8.80
7/88/8Aug 14$0.29$0.211.38$7.21$8.29
7/88/8Aug 28$0.28$0.221.27$7.22$8.28
7/88/9Aug 14$0.23$0.270.85$7.27$8.73

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 17 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$8.00$8.50$9.00Aug 14$0.06$0.447.33
$7.00$8.00$9.00Sep 18$0.28$0.722.57
$8.00$8.50$9.00Aug 21$0.17$0.331.94
$7.50$8.00$8.50Aug 7$0.19$0.311.63
$7.50$8.00$8.50Aug 28$0.21$0.291.38
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$6.50$7.00$7.50Aug 21$0.05$0.459.00
$6.50$7.00$7.50Aug 7$0.09$0.414.56
$7.50$8.00$8.50Aug 7$0.09$0.414.56
$7.00$7.50$8.00Aug 28$0.12$0.383.17
$7.00$7.50$8.00Aug 21$0.16$0.342.12

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 20 found (best net $-0.11, 10 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.50$9.001:2Aug 28-$0.11$0.39
$8.50$9.001:2Aug 21-$0.14$0.36
$7.50$8.001:2Aug 28-$0.14$0.36
$7.50$8.001:2Aug 21-$0.23$0.27
$8.00$8.501:2Aug 28-$0.25$0.25
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.50$7.001:2Aug 28-$0.21$0.29
$9.00$8.501:2Aug 7-$0.26$0.24
$8.00$7.501:2Aug 28-$0.27$0.23
$9.00$8.001:2Aug 21$0.10$0.90
$8.00$7.001:2Sep 18$0.15$0.85

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 11 found (best yield 7.14%, avg 3.14%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.00Sep 18$0.540.475.8%7.14%12.96%1111.3K
$8.00Sep 11$0.370.545.8%4.89%10.71%114
$8.00Aug 28$0.330.465.8%4.37%10.19%42141
$8.00Aug 21$0.250.415.8%3.31%9.13%13680
$9.00Sep 18$0.250.2919.1%3.31%22.35%167
$8.00Sep 4$0.220.505.8%2.91%8.73%1333
$8.50Aug 28$0.200.3612.4%2.65%15.08%135
$9.00Aug 28$0.160.2619.1%2.12%21.16%13628
$8.00Aug 14$0.150.425.8%1.98%7.80%277474
$8.50Aug 21$0.080.2512.4%1.06%13.49%175180

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 4,151
Total Puts 606
Put/Call Ratio 0.15
Net Difference 3,545

Prior's Put/Call Breakdown

Total Calls 2,494
Total Puts 526
Put/Call Ratio 0.21
Net Difference 1,968

Prior 7-Day Put/Call Summary

Total Calls 93,780
Total Puts 15,157
Average Put/Call Ratio 0.17
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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