Tour v388
NOC
NORTHROP GRUMMAN COR
$525.28 +2.54%
$528.00 (+0.52%)🌙
as of 07/22 06:19 PM
7/22 18:19

Option Volume

Detail
Current (07/22) 1,181
Calls: 635 (54%)
Puts: 546 (46%)
Prior (07/21) 3,991
Calls: 1,598 (40%)
Puts: 2,393 (60%)
Current vs Prior -70.41%
Calls: -60.26% (Calls)
Puts: -77.18% (Puts)
Prior 7-Day Total 11,124
Calls: 4,784 (43%)
Puts: 6,340 (57%)
Prior 7-Day Average 1,589
Calls: 683 (43%)
Puts: 905 (57%)
Current vs Prior 7-Day Avg -25.68%
Calls: -7.09%
Puts: -39.72%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/22) $2.84M
Calls: $1.18M (42%)
Puts: $1.66M (58%)
Prior (07/21) $4.60M
Calls: $2.19M (48%)
Puts: $2.41M (52%)
Current vs Prior -38.22%
Calls: -46.05%
Puts: -31.12%
Prior 7-Day Total $14.25M
Calls: $5.79M (41%)
Puts: $8.46M (59%)
Prior 7-Day Average $2.04M
Calls: $826.5K (41%)
Puts: $1.21M (59%)
Current vs Prior 7-Day Avg +39.72%
Calls: +42.94%
Puts: +37.52%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/22) 0.86
Prior (07/21) 1.50
Current vs Prior -42.58%
Prior 7-Day Average 1.97
Current vs Prior 7-Day Avg -56.35%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/22) 8,001
Calls: 3,996 (50%)
Puts: 4,005 (50%)
Prior (07/21) 23,685
Calls: 11,542 (49%)
Puts: 12,143 (51%)
Current vs Prior -66.22%
Prior 7-Day Total 148,868
Calls: 74,585 (50%)
Puts: 74,283 (50%)
Prior 7-Day Average 21,266
Calls: 10,655 (50%)
Puts: 10,611 (50%)
Current vs Prior 7-Day Avg -62.38%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 7.61% | 10.37%
Prior 7.92% | 10.42%
Current vs Prior -3.92% | -0.56%
Prior 7-Day Avg 5.29% | 10.03%
Current vs 7-Day Avg +43.69% | +3.34%
Prior 7-Day Eod 7.92% | 10.42%
Current vs 7-Day Eod -3.92% | -0.56%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 25.95% | 16.50%
Calls: 20.13% | 15.49%
Puts: 31.76% | 17.52%
Prior 19.43% | 17.62%
Calls: 17.01% | 15.28%
Puts: 21.84% | 19.96%
Current vs Prior +33.56% | -6.36%
Prior 7-Day Avg 64.13% | 19.05%
Calls: 37.01% | 19.08%
Puts: 79.08% | 19.02%
Current vs 7-Day Avg -59.54% | -13.40%
Liquidity Expensive
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🤖 AI Insights

Below-average activity with volume down 70% vs prior. P/C ratio dropping 43% - sentiment shifting bullish. Declining open interest (down 66%) indicates positions being closed.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 1 of results (avg 9.1%, best 9.1%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Aug 2175.6082.80$79.209.1%10.93--
PUTS (0)
No puts meet the criteria

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. 10 found (avg delta 0.71, highest 0.93)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Aug 2175.6082.80$79.209.1%10.93--
$475.00Aug 2152.8060.00$56.4012.8%10.87--
$480.00Aug 2149.7055.50$52.6011.0%40.86--
$485.00Aug 2144.3051.80$48.0515.6%30.857
$500.00Aug 2132.4039.60$36.0020.0%80.7328
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$530.00Aug 2116.0024.00$20.0040.0%10.5296

Most actively traded options today. High liquidity = easy entry/exit. 44 active (total vol 568, top 86)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Aug 216.9011.00$8.9545.8%860.32302
$600.00Aug 211.202.10$1.6554.5%310.08204
$525.00Aug 2117.1022.80$19.9528.6%270.5362
$620.00Aug 210.451.00$0.7375.3%270.04156
$535.00Aug 2112.2018.10$15.1538.9%260.45164
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$470.00Aug 211.953.60$2.7859.4%530.11239
$490.00Aug 211.409.80$5.60150.0%460.2084
$480.00Aug 212.205.20$3.7081.1%160.14140
$485.00Aug 210.456.40$3.43173.5%120.1522
$500.00Aug 214.0012.40$8.20102.4%120.27121

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 30 found (best R:R 34.71, avg 7.66)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$585.00$595.00Aug 21$0.28$9.72$0.2834.71$585.28
$570.00$575.00Aug 21$0.20$4.80$0.2024.00$570.20
$600.00$620.00Aug 21$0.92$19.08$0.9220.74$600.92
$550.00$555.00Aug 21$0.55$4.45$0.558.09$550.55
$565.00$570.00Aug 21$0.72$4.28$0.725.94$565.72
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$440.00$435.00Aug 21$0.18$4.82$0.1826.78$439.82
$460.00$450.00Aug 21$0.45$9.55$0.4521.22$459.55
$470.00$460.00Aug 21$0.48$9.52$0.4819.83$469.52
$480.00$475.00Aug 21$0.30$4.70$0.3015.67$479.70
$450.00$440.00Aug 21$0.77$9.23$0.7711.99$449.23

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 36 found (best R:R 10.36, avg 1.36)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$450.00$475.00Aug 21$22.80$22.80$2.2010.36$472.80
$480.00$485.00Aug 21$4.55$4.55$0.4510.11$484.55
$485.00$500.00Aug 21$12.05$12.05$2.954.08$497.05
$475.00$480.00Aug 21$3.80$3.80$1.203.17$478.80
$510.00$515.00Aug 21$3.75$3.75$1.253.00$513.75
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$495.00$490.00Aug 21$3.10$3.10$1.901.63$491.90
$530.00$525.00Aug 21$2.65$2.65$2.351.13$527.35
$525.00$520.00Aug 21$2.20$2.20$2.800.79$522.80
$490.00$485.00Aug 21$2.17$2.17$2.830.77$487.83
$505.00$500.00Aug 21$2.05$2.05$2.950.69$502.95

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. 10 found (cheapest 7.10% of stock, avg 9.26%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$525.00Aug 21$19.95$17.35$37.30$487.70$562.307.10%
$530.00Aug 21$17.75$20.00$37.75$492.25$567.757.19%
$520.00Aug 21$23.40$15.15$38.55$481.45$558.557.34%
$515.00Aug 21$25.95$13.25$39.20$475.80$554.207.46%
$510.00Aug 21$29.70$11.20$40.90$469.10$550.907.79%
$500.00Aug 21$36.00$8.20$44.20$455.80$544.208.41%
$485.00Aug 21$48.05$3.43$51.48$433.52$536.489.80%
$480.00Aug 21$52.60$3.70$56.30$423.70$536.3010.72%
$475.00Aug 21$56.40$3.40$59.80$415.20$534.8011.38%
$450.00Aug 21$79.20$1.85$81.05$368.95$531.0515.43%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 25 found (cheapest 3.66% of stock, avg 5.11%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$550.00$505.00Aug 21$8.95$10.25$19.20$485.80$569.20
$550.00$510.00Aug 21$8.95$11.20$20.15$489.85$570.15
$545.00$505.00Aug 21$11.70$10.25$21.95$483.05$566.95
$550.00$515.00Aug 21$8.95$13.25$22.20$492.80$572.20
$545.00$510.00Aug 21$11.70$11.20$22.90$487.10$567.90
$540.00$505.00Aug 21$13.45$10.25$23.70$481.30$563.70
$550.00$520.00Aug 21$8.95$15.15$24.10$495.90$574.10
$540.00$510.00Aug 21$13.45$11.20$24.65$485.35$564.65
$545.00$515.00Aug 21$11.70$13.25$24.95$490.05$569.95
$535.00$505.00Aug 21$15.15$10.25$25.40$479.60$560.40

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 63 found (best R:R 20.74, avg credit $5.35)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
485/490530/535Aug 21$4.77$0.2320.74$485.23$534.77
435/440480/485Aug 21$4.73$0.2717.52$435.27$484.73
485/490515/520Aug 21$4.72$0.2816.86$485.28$519.72
490/495500/510Aug 21$9.40$0.6015.67$485.60$509.40
500/505530/535Aug 21$4.65$0.3513.29$500.35$534.65
500/505515/520Aug 21$4.60$0.4011.50$500.40$519.60
435/440450/475Aug 21$22.98$2.0211.38$417.02$472.98
505/510520/525Aug 21$4.40$0.607.33$505.60$524.40
470/475510/515Aug 21$4.37$0.636.94$470.63$514.37
485/490525/530Aug 21$4.37$0.636.94$485.63$529.37

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 14 found (best R:R 15.67, cheapest $0.30)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$565.00$570.00$575.00Aug 21$0.52$4.488.62
$530.00$535.00$540.00Aug 21$0.90$4.104.56
$510.00$515.00$520.00Aug 21$1.20$3.803.17
$520.00$525.00$530.00Aug 21$1.25$3.753.00
$560.00$565.00$570.00Aug 21$1.38$3.622.62
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$515.00$520.00$525.00Aug 21$0.30$4.7015.67
$520.00$525.00$530.00Aug 21$0.45$4.5510.11
$430.00$435.00$440.00Aug 21$0.68$4.326.35
$485.00$490.00$495.00Aug 21$0.93$4.074.38
$505.00$510.00$515.00Aug 21$1.10$3.903.55

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 $-0.31, 19 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$585.00$595.001:2Aug 21-$2.12$7.88
$595.00$600.001:2Aug 21-$0.90$4.10
$575.00$580.001:2Aug 21-$1.28$3.72
$625.00$630.001:2Aug 21-$2.40$2.60
$580.00$585.001:2Aug 21-$2.68$2.32
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$450.00$440.001:2Aug 21-$0.31$9.69
$460.00$450.001:2Aug 21-$1.40$8.60
$470.00$460.001:2Aug 21-$1.82$8.18
$440.00$435.001:2Aug 21-$0.72$4.28
$490.00$485.001:2Aug 21-$1.26$3.74

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 13 found (best yield 2.76%, avg 0.98%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$530.00Aug 21$14.500.490.9%2.76%3.66%1548
$535.00Aug 21$12.200.451.9%2.32%4.17%26164
$540.00Aug 21$9.900.412.8%1.88%4.69%25146
$545.00Aug 21$7.600.373.8%1.45%5.20%1250
$550.00Aug 21$6.900.324.7%1.31%6.02%86302
$555.00Aug 21$4.800.295.7%0.91%6.57%4129
$560.00Aug 21$3.700.266.6%0.70%7.31%1361
$575.00Aug 21$2.150.179.5%0.41%9.87%8119
$565.00Aug 21$2.000.217.6%0.38%7.94%564
$600.00Aug 21$1.200.0814.2%0.23%14.45%31204

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 635
Total Puts 546
Put/Call Ratio 0.86
Net Difference 89

Prior's Put/Call Breakdown

Total Calls 1,598
Total Puts 2,393
Put/Call Ratio 1.50
Net Difference -795

Prior 7-Day Put/Call Summary

Total Calls 4,784
Total Puts 6,340
Average Put/Call Ratio 1.97
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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