Tour v492
NVAX
NOVAVAX INC
$7.74 +0.52%
$7.71 (-0.32%)🌙
as of 08/06 06:06 PM
8/6 18:06

Option Volume

Detail
Current (08/06) 6,131
Calls: 5,392 (88%)
Puts: 739 (12%)
Prior (08/05) 4,283
Calls: 3,500 (82%)
Puts: 783 (18%)
Current vs Prior +43.15%
Calls: +54.06% (Calls)
Puts: -5.62% (Puts)
Prior 7-Day Total 38,903
Calls: 33,489 (86%)
Puts: 5,414 (14%)
Prior 7-Day Average 5,557
Calls: 4,784 (86%)
Puts: 773 (14%)
Current vs Prior 7-Day Avg +10.32%
Calls: +12.71%
Puts: -4.45%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/06) $160.7K
Calls: $131.4K (82%)
Puts: $29.3K (18%)
Prior (08/05) $253.6K
Calls: $206.8K (82%)
Puts: $46.8K (18%)
Current vs Prior -36.63%
Calls: -36.44%
Puts: -37.50%
Prior 7-Day Total $2.56M
Calls: $2.26M (88%)
Puts: $294.7K (12%)
Prior 7-Day Average $365.1K
Calls: $323.0K (88%)
Puts: $42.1K (12%)
Current vs Prior 7-Day Avg -55.99%
Calls: -59.31%
Puts: -30.51%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/06) 0.14
Prior (08/05) 0.22
Current vs Prior -38.74%
Prior 7-Day Average 0.20
Current vs Prior 7-Day Avg -30.15%
Sentiment BULLISH

Open Interest

Detail
Current (08/06) 207,628
Calls: 136,781 (66%)
Puts: 70,847 (34%)
Prior (08/05) 65,579
Calls: 63,237 (96%)
Puts: 2,342 (4%)
Current vs Prior +216.61%
Prior 7-Day Total 824,784
Calls: 633,621 (77%)
Puts: 191,163 (23%)
Prior 7-Day Average 117,826
Calls: 90,517 (77%)
Puts: 27,309 (23%)
Current vs Prior 7-Day Avg +76.22%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 4.26% | 8.14%10.47% | 18.86%
Prior 11.30% | 16.88%15.32% | 22.47%
Current vs Prior -62.26% | -51.79%-31.71% | -16.04%
Prior 7-Day Avg 10.47% | 17.05%16.98% | 22.82%
Current vs 7-Day Avg -59.26% | -52.27%-38.39% | -17.35%
Prior 7-Day Eod 11.30% | 16.88%15.32% | 22.47%
Current vs 7-Day Eod -62.26% | -51.79%-31.71% | -16.04%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 70.72% | 46.05%
Calls: 71.43% | 42.11%
Puts: 70.00% | 50.00%
Prior 23.80% | 37.52%
Calls: 8.89% | 31.15%
Puts: 38.71% | 43.90%
Current vs Prior +197.14% | +22.73%
Prior 7-Day Avg 47.17% | 28.06%
Calls: 38.98% | 19.69%
Puts: 55.36% | 36.43%
Current vs 7-Day Avg +49.91% | +64.13%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 82% of dollar volume in calls ($131.4K) vs puts ($29.3K). Extreme bullish P/C ratio of 0.14 - heavy call buying (5,392 calls vs 739 puts). P/C ratio dropping 39% - sentiment shifting bullish. Call-heavy open interest (136,781 calls vs 70,847 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. 22 found (avg delta 0.73, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$6.50Aug 70.943.10$2.02106.9%21.002
$7.00Aug 140.421.35$0.89104.5%30.887
$7.00Aug 70.480.80$0.6450.0%10.841.6K
$7.00Aug 280.691.30$1.0061.0%--0.8013
$7.00Aug 210.661.05$0.8645.3%--0.8069
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 70.942.40$1.6787.4%250.9740
$8.50Aug 70.112.90$1.51184.8%20.9492
$9.00Aug 141.021.88$1.4559.3%40.8711
$9.00Aug 211.071.70$1.3945.3%--0.82293
$8.00Aug 70.150.52$0.34108.8%100.78261

Most actively traded options today. High liquidity = easy entry/exit. 42 active (total vol 4.7K, top 2.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 70.010.08$0.05140.0%2.2K0.222.7K
$8.50Aug 140.060.30$0.18133.3%4610.26372
$8.00Aug 140.060.25$0.16118.8%2780.33474
$8.50Aug 70.000.02$0.01200.0%2070.05844
$7.50Aug 70.230.31$0.2729.6%1920.77436
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Aug 210.060.40$0.23147.8%2570.34102
$7.50Aug 70.000.11$0.06183.3%1000.26135
$7.00Aug 70.010.14$0.08162.5%480.17850
$6.50Aug 70.000.03$0.02150.0%410.04170
$7.00Aug 140.000.20$0.10200.0%280.2037

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 100.2%, max 251.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.00Aug 7Sep 18209.3%59.6%251.0%281.6K
$9.00Aug 7Sep 18151.9%79.6%90.8%48485
$8.00Aug 7Sep 1893.3%66.5%40.4%2.3K3.9K
$8.50Aug 7Sep 4118.1%87.3%35.2%207902
$7.50Aug 7Sep 488.3%74.1%19.2%193452
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$7.00Aug 7Sep 18209.3%59.6%251.0%751.9K
$6.50Aug 7Aug 28205.6%78.9%160.7%43174
$9.00Aug 7Aug 21151.9%80.5%88.8%25333
$8.00Aug 7Sep 1893.3%66.5%40.4%10389
$7.50Aug 7Aug 2888.3%70.7%25.0%100146

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 15 found (best R:R 5.67, avg 1.56)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.00$9.00Sep 18$0.15$0.85$0.155.67$8.15
$8.50$9.00Aug 14$0.12$0.38$0.123.17$8.62
$8.00$8.50Aug 21$0.19$0.31$0.191.63$8.19
$7.00$7.50Aug 28$0.21$0.29$0.211.38$7.21
$7.50$8.00Aug 7$0.22$0.28$0.221.27$7.72
BEAR PUT (4)
BuySellExpiryDebitMax GainMax LossR:RBE
$9.00$8.50Aug 7$0.16$0.34$0.162.13$8.84
$7.50$7.00Aug 28$0.16$0.34$0.162.13$7.34
$8.00$7.50Aug 7$0.28$0.22$0.280.79$7.72
$8.00$7.00Sep 18$0.59$0.41$0.590.69$7.41

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 21 found (best R:R 3.55, avg 1.57)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$7.00$7.50Aug 7$0.37$0.37$0.132.85$7.37
$7.00$8.00Sep 18$0.67$0.67$0.332.03$7.67
$7.50$8.00Sep 4$0.33$0.33$0.171.94$7.83
$7.50$8.00Aug 14$0.32$0.32$0.181.78$7.82
$7.50$8.00Aug 28$0.31$0.31$0.191.63$7.81
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$7.50Aug 14$0.39$0.39$0.113.55$7.61
$8.00$7.50Aug 21$0.39$0.39$0.113.55$7.61
$9.00$8.00Aug 21$0.77$0.77$0.233.35$8.23
$8.00$7.50Aug 28$0.37$0.37$0.132.85$7.63
$8.00$7.00Sep 18$0.59$0.59$0.411.44$7.41

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $0.17, cheapest $0.09)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Aug 7Aug 14$0.1193.3%67.4%
$8.50Aug 7Aug 14$0.17118.1%106.7%
$7.50Aug 7Aug 14$0.2188.3%45.0%
$7.00Aug 7Aug 14$0.25209.3%73.6%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$7.50Aug 7Aug 14$0.0988.3%45.0%
$8.00Aug 7Aug 14$0.2093.3%67.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 19 found (cheapest 4.26% of stock, avg 14.52%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$7.50Aug 7$0.27$0.06$0.33$7.17$7.834.26%
$8.00Aug 7$0.05$0.34$0.39$7.61$8.395.04%
$7.50Aug 14$0.48$0.15$0.63$6.87$8.138.14%
$8.00Aug 14$0.16$0.54$0.70$7.30$8.709.04%
$7.00Aug 7$0.64$0.08$0.72$6.28$7.729.30%
$7.50Aug 21$0.58$0.23$0.81$6.69$8.3110.47%
$8.00Aug 21$0.32$0.62$0.94$7.06$8.9412.14%
$7.00Aug 14$0.89$0.10$0.99$6.01$7.9912.79%
$7.00Aug 21$0.86$0.17$1.03$5.97$8.0313.31%
$7.50Aug 28$0.79$0.35$1.14$6.36$8.6414.73%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 30 found (cheapest 0.90% of stock, avg 5.45%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$8.50$7.50Aug 7$0.01$0.06$0.07$7.43$8.57
$8.50$7.00Aug 7$0.01$0.08$0.09$6.91$8.59
$8.00$7.50Aug 7$0.05$0.06$0.11$7.39$8.11
$8.00$7.00Aug 7$0.05$0.08$0.13$6.87$8.13
$9.00$7.00Aug 14$0.06$0.10$0.16$6.84$9.16
$9.00$7.50Aug 14$0.06$0.15$0.21$7.29$9.21
$8.50$6.50Aug 21$0.13$0.08$0.21$6.29$8.71
$9.00$6.50Aug 21$0.15$0.08$0.23$6.27$9.23
$8.00$7.00Aug 14$0.16$0.10$0.26$6.74$8.26
$8.50$7.00Aug 14$0.18$0.10$0.28$6.72$8.78

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 1 found (best R:R 3.55, avg credit $0.39)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
7/88/8Aug 28$0.39$0.113.55$7.11$8.39

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 15 found (best R:R 6.14, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$7.50$8.00$8.50Aug 21$0.07$0.436.14
$7.50$8.00$8.50Aug 28$0.08$0.425.25
$7.00$7.50$8.00Aug 14$0.09$0.414.56
$7.00$7.50$8.00Aug 7$0.15$0.352.33
$8.00$8.50$9.00Aug 28$0.16$0.342.13
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$6.50$7.00$7.50Aug 28$0.08$0.425.25
$7.00$7.50$8.00Aug 28$0.21$0.291.38
$7.00$7.50$8.00Aug 7$0.30$0.200.67
$7.00$7.50$8.00Aug 21$0.33$0.170.52
$7.00$7.50$8.00Aug 14$0.34$0.160.47

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 26 found (best net $-0.19, 13 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.00$9.001:2Sep 18-$0.19$0.81
$7.50$8.001:2Aug 21-$0.06$0.44
$7.00$7.501:2Aug 14-$0.07$0.43
$7.50$8.001:2Sep 4-$0.07$0.43
$8.50$9.001:2Aug 28-$0.11$0.39
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.50$7.001:2Aug 14-$0.05$0.45
$7.50$7.001:2Aug 7-$0.10$0.40
$7.50$7.001:2Aug 21-$0.11$0.39
$9.00$8.001:2Aug 21$0.15$0.85
$8.00$7.001:2Sep 18$0.21$0.79

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 8 found (best yield 4.01%, avg 1.84%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$8.00Sep 18$0.310.433.4%4.01%7.36%1111.3K
$9.00Sep 18$0.300.2916.3%3.88%20.16%167
$8.00Aug 28$0.150.523.4%1.94%5.30%47141
$8.00Aug 21$0.140.473.4%1.81%5.17%53680
$8.00Aug 14$0.060.333.4%0.78%4.13%278474
$8.50Aug 14$0.060.269.8%0.78%10.59%461372
$9.00Aug 28$0.060.2516.3%0.78%17.05%14128
$8.50Sep 4$0.060.389.8%0.78%10.59%--58

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 5,392
Total Puts 739
Put/Call Ratio 0.14
Net Difference 4,653

Prior's Put/Call Breakdown

Total Calls 3,500
Total Puts 783
Put/Call Ratio 0.22
Net Difference 2,717

Prior 7-Day Put/Call Summary

Total Calls 33,489
Total Puts 5,414
Average Put/Call Ratio 0.20
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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