Tour v477
NOC
NORTHROP GRUMMAN COR
$542.48 +1.43%
$540.56 (-0.35%)🌙
as of 07/31 06:06 PM
7/31 18:06

Option Volume

Detail
Current (07/31) 1,946
Calls: 1,140 (59%)
Puts: 806 (41%)
Prior (07/30) 1,513
Calls: 636 (42%)
Puts: 877 (58%)
Current vs Prior +28.62%
Calls: +79.25% (Calls)
Puts: -8.10% (Puts)
Prior 7-Day Total 9,092
Calls: 4,605 (51%)
Puts: 4,487 (49%)
Prior 7-Day Average 1,298
Calls: 657 (51%)
Puts: 641 (49%)
Current vs Prior 7-Day Avg +49.82%
Calls: +73.29%
Puts: +25.74%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/31) $3.89M
Calls: $1.62M (42%)
Puts: $2.27M (58%)
Prior (07/30) $2.37M
Calls: $1.19M (50%)
Puts: $1.18M (50%)
Current vs Prior +64.08%
Calls: +36.15%
Puts: +92.26%
Prior 7-Day Total $14.57M
Calls: $8.04M (55%)
Puts: $6.53M (45%)
Prior 7-Day Average $2.08M
Calls: $1.15M (55%)
Puts: $932.2K (45%)
Current vs Prior 7-Day Avg +86.86%
Calls: +41.05%
Puts: +143.31%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/31) 0.71
Prior (07/30) 1.38
Current vs Prior -48.73%
Prior 7-Day Average 1.05
Current vs Prior 7-Day Avg -32.37%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/31) 28,317
Calls: 13,404 (47%)
Puts: 14,913 (53%)
Prior (07/30) 5,694
Calls: 3,075 (54%)
Puts: 2,619 (46%)
Current vs Prior +397.31%
Prior 7-Day Total 84,960
Calls: 42,010 (49%)
Puts: 42,950 (51%)
Prior 7-Day Average 12,137
Calls: 6,001 (49%)
Puts: 6,135 (51%)
Current vs Prior 7-Day Avg +133.31%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 6.01% | 9.37%
Prior 6.69% | 9.35%
Current vs Prior -10.22% | +0.27%
Prior 7-Day Avg 7.06% | 9.83%
Current vs 7-Day Avg -14.83% | -4.61%
Prior 7-Day Eod 6.69% | 9.35%
Current vs 7-Day Eod -10.22% | +0.27%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 12.54% | 10.99%
Calls: 16.77% | 12.65%
Puts: 8.31% | 9.33%
Prior 24.77% | 15.82%
Calls: 26.14% | 22.74%
Puts: 23.39% | 8.90%
Current vs Prior -49.37% | -30.53%
Prior 7-Day Avg 24.17% | 15.84%
Calls: 20.54% | 18.47%
Puts: 27.80% | 13.21%
Current vs 7-Day Avg -48.13% | -30.60%
Liquidity Expensive
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🤖 AI Insights

Elevated premium activity with dollar volume up 64% vs prior. Dollar volume significantly above 7-day average (87% higher). P/C ratio dropping 49% - sentiment shifting bullish. Rising open interest (up 397%) indicates new positions being established.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
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 3 of results (avg 7.6%, best 7.3%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Aug 2190.5097.40$93.957.3%--0.9725
$470.00Aug 2173.3078.90$76.107.4%--0.9645
$490.00Aug 2154.1058.70$56.408.2%--0.8711
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. 23 found (avg delta 0.75, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Aug 2190.5097.40$93.957.3%--0.9725
$470.00Aug 2173.3078.90$76.107.4%--0.9645
$490.00Aug 2154.1058.70$56.408.2%--0.8711
$500.00Aug 2145.0051.00$48.0012.5%20.8627
$510.00Aug 2135.8040.80$38.3013.1%--0.8529
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Aug 2154.6061.00$57.8011.1%--0.95109
$590.00Aug 2145.3051.00$48.1511.8%--0.8930
$585.00Aug 2140.8046.40$43.6012.8%900.86154
$575.00Aug 2132.5037.90$35.2015.3%--0.8219
$580.00Aug 2136.8042.00$39.4013.2%--0.7961

Most actively traded options today. High liquidity = easy entry/exit. 35 active (total vol 652, top 127)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$560.00Aug 217.609.00$8.3016.9%1270.3588
$575.00Aug 212.305.10$3.7075.7%1140.20124
$570.00Aug 213.106.90$5.0076.0%300.25440
$550.00Aug 2111.0013.00$12.0016.7%140.45195
$565.00Aug 216.509.90$8.2041.5%140.3267
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$565.00Aug 2124.7029.90$27.3019.0%1000.69163
$585.00Aug 2140.8046.40$43.6012.8%900.86154
$525.00Aug 214.408.80$6.6066.7%220.29172
$530.00Aug 217.009.10$8.0526.1%160.3395
$440.00Aug 210.101.00$0.55163.6%120.0278

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. 33 found (best R:R 49.00, avg 7.59)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$560.00$565.00Aug 21$0.10$4.90$0.1049.00$560.10
$590.00$595.00Aug 21$0.25$4.75$0.2519.00$590.25
$620.00$625.00Aug 21$0.30$4.70$0.3015.67$620.30
$605.00$610.00Aug 21$0.40$4.60$0.4011.50$605.40
$625.00$630.00Aug 21$0.42$4.58$0.4210.90$625.42
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$450.00$440.00Aug 21$0.20$9.80$0.2049.00$449.80
$525.00$520.00Aug 21$0.17$4.83$0.1728.41$524.83
$490.00$485.00Aug 21$0.37$4.63$0.3712.51$489.63
$515.00$510.00Aug 21$0.83$4.17$0.835.02$514.17
$500.00$495.00Aug 21$0.98$4.02$0.984.10$499.02

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 49 found (best R:R 65.67, avg 4.15)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$470.00$490.00Aug 21$19.70$19.70$0.3065.67$489.70
$500.00$510.00Aug 21$9.70$9.70$0.3032.33$509.70
$450.00$470.00Aug 21$17.85$17.85$2.158.30$467.85
$490.00$500.00Aug 21$8.40$8.40$1.605.25$498.40
$510.00$515.00Aug 21$3.80$3.80$1.203.17$513.80
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$600.00$590.00Aug 21$9.65$9.65$0.3527.57$590.35
$590.00$585.00Aug 21$4.55$4.55$0.4510.11$585.45
$580.00$575.00Aug 21$4.20$4.20$0.805.25$575.80
$585.00$580.00Aug 21$4.20$4.20$0.805.25$580.80
$570.00$565.00Aug 21$4.10$4.10$0.904.56$565.90

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. 22 found (cheapest 5.42% of stock, avg 8.07%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$545.00Aug 21$14.30$15.10$29.40$515.60$574.405.42%
$550.00Aug 21$12.00$17.70$29.70$520.30$579.705.47%
$540.00Aug 21$17.50$12.40$29.90$510.10$569.905.51%
$535.00Aug 21$20.95$9.65$30.60$504.40$565.605.64%
$555.00Aug 21$10.05$20.80$30.85$524.15$585.855.69%
$530.00Aug 21$24.35$8.05$32.40$497.60$562.405.97%
$560.00Aug 21$8.30$24.40$32.70$527.30$592.706.03%
$525.00Aug 21$28.10$6.60$34.70$490.30$559.706.40%
$565.00Aug 21$8.20$27.30$35.50$529.50$600.506.54%
$570.00Aug 21$5.00$31.40$36.40$533.60$606.406.71%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 25 found (cheapest 2.11% of stock, avg 3.20%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$570.00$520.00Aug 21$5.00$6.43$11.43$508.57$581.43
$570.00$525.00Aug 21$5.00$6.60$11.60$513.40$581.60
$570.00$530.00Aug 21$5.00$8.05$13.05$516.95$583.05
$565.00$520.00Aug 21$8.20$6.43$14.63$505.37$579.63
$570.00$535.00Aug 21$5.00$9.65$14.65$520.35$584.65
$560.00$520.00Aug 21$8.30$6.43$14.73$505.27$574.73
$565.00$525.00Aug 21$8.20$6.60$14.80$510.20$579.80
$560.00$525.00Aug 21$8.30$6.60$14.90$510.10$574.90
$565.00$530.00Aug 21$8.20$8.05$16.25$513.75$581.25
$560.00$530.00Aug 21$8.30$8.05$16.35$513.65$576.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 39 found (best R:R 199.00, avg credit $4.97)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
440/450470/490Aug 21$19.90$0.10199.00$430.10$489.90
480/485490/500Aug 21$9.75$0.2539.00$475.25$499.75
460/465510/515Aug 21$4.85$0.1532.33$460.15$514.85
460/465525/530Aug 21$4.80$0.2024.00$460.20$529.80
480/485535/540Aug 21$4.80$0.2024.00$480.20$539.80
495/500510/515Aug 21$4.78$0.2221.73$495.22$514.78
480/485530/535Aug 21$4.75$0.2519.00$480.25$534.75
495/500525/530Aug 21$4.73$0.2717.52$495.27$529.73
460/465490/500Aug 21$9.45$0.5517.18$455.55$499.45
460/465520/525Aug 21$4.70$0.3015.67$460.30$524.70

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 26 found (best R:R 32.33, cheapest $0.15)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$550.00$555.00$560.00Aug 21$0.20$4.8024.00
$585.00$590.00$595.00Aug 21$0.23$4.7720.74
$535.00$540.00$545.00Aug 21$0.25$4.7519.00
$525.00$530.00$535.00Aug 21$0.35$4.6513.29
$545.00$550.00$555.00Aug 21$0.35$4.6513.29
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$525.00$530.00$535.00Aug 21$0.15$4.8532.33
$580.00$585.00$590.00Aug 21$0.35$4.6513.29
$570.00$575.00$580.00Aug 21$0.40$4.6011.50
$545.00$550.00$555.00Aug 21$0.50$4.509.00
$550.00$555.00$560.00Aug 21$0.50$4.509.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 29 found (best net $-0.35, 25 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$610.00$620.001:2Aug 21-$1.50$8.50
$630.00$640.001:2Aug 21-$4.02$5.98
$595.00$600.001:2Aug 21-$0.25$4.75
$625.00$630.001:2Aug 21-$0.36$4.64
$580.00$585.001:2Aug 21-$0.58$4.42
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$450.00$440.001:2Aug 21-$0.35$9.65
$485.00$480.001:2Aug 21-$0.68$4.32
$520.00$515.001:2Aug 21-$1.23$3.77
$500.00$495.001:2Aug 21-$1.52$3.48
$440.00$435.001:2Aug 21-$1.85$3.15

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 12 found (best yield 2.41%, avg 0.89%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$545.00Aug 21$13.100.500.5%2.41%2.88%12325
$550.00Aug 21$11.000.451.4%2.03%3.41%14195
$555.00Aug 21$9.300.402.3%1.71%4.02%2118
$560.00Aug 21$7.600.353.2%1.40%4.63%12788
$565.00Aug 21$6.500.324.2%1.20%5.35%1467
$570.00Aug 21$3.100.255.1%0.57%5.64%30440
$580.00Aug 21$2.950.226.9%0.54%7.46%1168
$575.00Aug 21$2.300.206.0%0.42%6.42%114124
$585.00Aug 21$1.550.157.8%0.29%8.12%--45
$595.00Aug 21$0.400.129.7%0.07%9.76%--56

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 1,140
Total Puts 806
Put/Call Ratio 0.71
Net Difference 334

Prior's Put/Call Breakdown

Total Calls 636
Total Puts 877
Put/Call Ratio 1.38
Net Difference -241

Prior 7-Day Put/Call Summary

Total Calls 4,605
Total Puts 4,487
Average Put/Call Ratio 1.05
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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