Tour v490
NOC
NORTHROP GRUMMAN COR
$551.55 +0.56%
$548.80 (-0.50%)🌙
as of 08/04 06:17 PM
8/4 18:17

Option Volume

Detail
Current (08/04) 475
Calls: 329 (69%)
Puts: 146 (31%)
Prior (08/03) 1,517
Calls: 771 (51%)
Puts: 746 (49%)
Current vs Prior -68.69%
Calls: -57.33% (Calls)
Puts: -80.43% (Puts)
Prior 7-Day Total 10,264
Calls: 5,175 (50%)
Puts: 5,089 (50%)
Prior 7-Day Average 1,466
Calls: 739 (50%)
Puts: 727 (50%)
Current vs Prior 7-Day Avg -67.61%
Calls: -55.50%
Puts: -79.92%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/04) $951.9K
Calls: $815.9K (86%)
Puts: $136.0K (14%)
Prior (08/03) $2.48M
Calls: $1.15M (46%)
Puts: $1.33M (54%)
Current vs Prior -61.56%
Calls: -29.03%
Puts: -89.75%
Prior 7-Day Total $16.08M
Calls: $8.31M (52%)
Puts: $7.77M (48%)
Prior 7-Day Average $2.30M
Calls: $1.19M (52%)
Puts: $1.11M (48%)
Current vs Prior 7-Day Avg -58.56%
Calls: -31.26%
Puts: -87.75%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/04) 0.44
Prior (08/03) 0.97
Current vs Prior -54.14%
Prior 7-Day Average 1.08
Current vs Prior 7-Day Avg -58.91%
Sentiment BULLISH

Open Interest

Detail
Current (08/04) 7,544
Calls: 4,214 (56%)
Puts: 3,330 (44%)
Prior (08/03) 28,956
Calls: 13,820 (48%)
Puts: 15,136 (52%)
Current vs Prior -73.95%
Prior 7-Day Total 107,830
Calls: 52,900 (49%)
Puts: 54,930 (51%)
Prior 7-Day Average 15,404
Calls: 7,557 (49%)
Puts: 7,847 (51%)
Current vs Prior 7-Day Avg -51.03%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 5.41% | 8.84%
Prior 5.59% | 9.56%
Current vs Prior -3.15% | -7.57%
Prior 7-Day Avg 6.53% | 9.56%
Current vs 7-Day Avg -17.08% | -7.57%
Prior 7-Day Eod 5.59% | 9.56%
Current vs 7-Day Eod -3.15% | -7.57%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 8.48% | 7.81%
Calls: 10.78% | 4.74%
Puts: 6.19% | 10.88%
Prior 7.28% | 13.12%
Calls: 8.10% | 8.63%
Puts: 6.45% | 17.60%
Current vs Prior +16.48% | -40.47%
Prior 7-Day Avg 19.59% | 14.57%
Calls: 18.34% | 17.09%
Puts: 20.84% | 12.05%
Current vs 7-Day Avg -56.72% | -46.38%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 86% of dollar volume in calls ($815.9K) vs puts ($136.0K). Light premium activity with dollar volume down 62% vs prior. Below-average activity with volume down 69% vs prior. Extreme bullish P/C ratio of 0.44 - heavy call buying (329 calls vs 146 puts).

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
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 10 of results (avg 6.7%, best 4.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Sep 1823.9025.10$24.504.9%40.52--
$555.00Sep 1821.6022.70$22.155.0%10.4972
$560.00Sep 1819.4020.50$19.955.5%20.46--
$470.00Aug 2180.4085.50$82.956.1%20.97--
$565.00Sep 1817.3018.40$17.856.2%60.4297
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$545.00Sep 1819.3020.90$20.108.0%10.4464

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. 18 found (avg delta 0.74, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$470.00Aug 2180.4085.50$82.956.1%20.97--
$480.00Aug 2170.6075.20$72.906.3%10.976
$485.00Aug 2165.9070.80$68.357.2%10.96--
$490.00Aug 2160.9066.40$63.658.6%40.9411
$515.00Aug 2137.7042.40$40.0511.7%20.8811
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$585.00Aug 2133.6037.60$35.6011.2%20.8172
$600.00Sep 1852.8058.70$55.7510.6%10.7781
$565.00Aug 2118.8023.80$21.3023.5%20.6258

Most actively traded options today. High liquidity = easy entry/exit. 57 active (total vol 309, top 80)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$580.00Sep 1812.1013.20$12.658.7%800.33145
$600.00Sep 187.208.40$7.8015.4%250.23454
$600.00Aug 210.052.45$1.25192.0%180.09--
$610.00Sep 185.307.20$6.2530.4%80.19--
$550.00Aug 2114.0015.90$14.9512.7%70.54197
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Aug 210.852.95$1.90110.5%150.09131
$550.00Aug 2111.2013.10$12.1515.6%90.47157
$530.00Sep 1812.9014.50$13.7011.7%90.3460
$485.00Aug 210.001.30$0.65200.0%80.04--
$510.00Aug 211.453.70$2.5887.2%80.13--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 7.6%, max 20.0%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$565.00Aug 21Sep 1833.0%31.6%4.5%797
$620.00Aug 21Sep 1831.1%29.9%3.9%6168
$530.00Aug 21Sep 1829.6%29.5%0.3%451
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$470.00Aug 21Sep 1838.9%32.4%20.0%649
$500.00Aug 21Sep 1835.7%30.3%18.0%19394
$480.00Aug 21Sep 1834.9%32.9%5.9%4118
$530.00Aug 21Sep 1829.6%29.5%0.3%11168

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 38 found (best R:R 32.33, avg 5.26)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$600.00$620.00Aug 21$0.60$19.40$0.6032.33$600.60
$590.00$600.00Aug 21$0.85$9.15$0.8510.76$590.85
$580.00$585.00Aug 21$0.75$4.25$0.755.67$580.75
$600.00$610.00Sep 18$1.55$8.45$1.555.45$601.55
$625.00$630.00Sep 18$0.90$4.10$0.904.56$625.90
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$485.00$480.00Aug 21$0.17$4.83$0.1728.41$484.83
$460.00$450.00Aug 21$0.35$9.65$0.3527.57$459.65
$510.00$500.00Aug 21$0.68$9.32$0.6813.71$509.32
$500.00$485.00Aug 21$1.25$13.75$1.2511.00$498.75
$500.00$480.00Sep 18$2.12$17.88$2.128.43$497.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 46 found (best R:R 16.86, avg 1.91)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$490.00$515.00Aug 21$23.60$23.60$1.4016.86$513.60
$485.00$490.00Aug 21$4.70$4.70$0.3015.67$489.70
$480.00$485.00Aug 21$4.55$4.55$0.4510.11$484.55
$545.00$550.00Aug 21$4.35$4.35$0.656.69$549.35
$520.00$530.00Aug 21$8.65$8.65$1.356.41$528.65
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$585.00$565.00Aug 21$14.30$14.30$5.702.51$570.70
$600.00$545.00Sep 18$35.65$35.65$19.351.84$564.35
$565.00$550.00Aug 21$9.15$9.15$5.851.56$555.85
$545.00$530.00Sep 18$6.40$6.40$8.600.74$538.60
$525.00$520.00Aug 21$1.97$1.97$3.030.65$523.03

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 15 found (avg debit $7.04, cheapest $1.75)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$620.00Aug 21Sep 18$3.2331.1%29.9%
$600.00Aug 21Sep 18$6.5527.7%31.5%
$565.00Aug 21Sep 18$7.7533.0%31.6%
$530.00Aug 21Sep 18$8.0029.6%29.5%
$580.00Aug 21Sep 18$8.2029.5%31.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$470.00Aug 21Sep 18$1.7538.9%32.4%
$480.00Aug 21Sep 18$3.0034.9%32.9%
$500.00Aug 21Sep 18$3.7035.7%30.3%
$525.00Aug 21Sep 18$7.7029.3%29.5%
$530.00Aug 21Sep 18$8.2029.6%29.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 15 found (cheapest 4.91% of stock, avg 8.62%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$550.00Aug 21$14.95$12.15$27.10$522.90$577.104.91%
$545.00Aug 21$19.30$10.35$29.65$515.35$574.655.38%
$535.00Aug 21$24.60$6.80$31.40$503.60$566.405.69%
$565.00Aug 21$10.10$21.30$31.40$533.60$596.405.69%
$530.00Aug 21$28.40$5.50$33.90$496.10$563.906.15%
$520.00Aug 21$37.05$2.18$39.23$480.77$559.237.11%
$585.00Aug 21$3.70$35.60$39.30$545.70$624.307.13%
$515.00Aug 21$40.05$2.17$42.22$472.78$557.227.65%
$545.00Sep 18$28.25$20.10$48.35$496.65$593.358.77%
$530.00Sep 18$36.40$13.70$50.10$479.90$580.109.08%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 50 found (cheapest 1.99% of stock, avg 4.02%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$575.00$525.00Aug 21$6.80$4.15$10.95$514.05$585.95
$600.00$480.00Sep 18$7.80$3.48$11.28$468.72$611.28
$570.00$525.00Aug 21$7.80$4.15$11.95$513.05$581.95
$575.00$530.00Aug 21$6.80$5.50$12.30$517.70$587.30
$570.00$530.00Aug 21$7.80$5.50$13.30$516.70$583.30
$600.00$500.00Sep 18$7.80$5.60$13.40$486.60$613.40
$575.00$535.00Aug 21$6.80$6.80$13.60$521.40$588.60
$560.00$525.00Aug 21$10.00$4.15$14.15$510.85$574.15
$565.00$525.00Aug 21$10.10$4.15$14.25$510.75$579.25
$570.00$535.00Aug 21$7.80$6.80$14.60$520.40$584.60

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 76 found (best R:R 22.81, avg credit $6.43)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
450/460490/515Aug 21$23.95$1.0522.81$436.05$513.95
480/485490/515Aug 21$23.77$1.2319.33$461.23$513.77
500/510520/530Aug 21$9.33$0.6713.93$500.67$529.33
480/485545/550Aug 21$4.52$0.489.42$480.48$549.52
450/460520/530Aug 21$9.00$1.009.00$451.00$529.00
480/485520/530Aug 21$8.82$1.187.47$476.18$528.82
525/530550/555Sep 18$4.20$0.805.25$525.80$554.20
520/525550/555Aug 21$4.12$0.884.68$520.88$554.12
525/530555/560Sep 18$4.05$0.954.26$525.95$559.05
480/485530/535Aug 21$3.97$1.033.85$481.03$533.97

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 10 found (best R:R 49.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$555.00$560.00$565.00Sep 18$0.10$4.9049.00
$550.00$555.00$560.00Sep 18$0.15$4.8532.33
$565.00$570.00$575.00Aug 21$1.30$3.702.85
$545.00$550.00$555.00Sep 18$1.40$3.602.57
$575.00$580.00$585.00Aug 21$1.60$3.402.13
PUTS (3)
LowMidHighExpiryDebitMax GainR:R
$460.00$470.00$480.00Aug 21$0.33$9.6729.30
$510.00$515.00$520.00Aug 21$0.42$4.5810.90
$515.00$520.00$525.00Aug 21$1.96$3.041.55

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 31 found (best net $-0.05, 28 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$600.00$620.001:2Aug 21-$0.05$19.95
$580.00$600.001:2Sep 18-$2.95$17.05
$590.00$600.001:2Aug 21-$0.40$9.60
$490.00$515.001:2Aug 21-$16.45$8.55
$610.00$620.001:2Sep 18-$1.51$8.49
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$500.00$480.001:2Sep 18-$1.36$18.64
$585.00$565.001:2Aug 21-$7.00$13.00
$565.00$550.001:2Aug 21-$3.00$12.00
$460.00$450.001:2Aug 21-$0.05$9.95
$480.00$470.001:2Aug 21-$0.42$9.58

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 17 found (best yield 3.92%, avg 1.46%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$555.00Sep 18$21.600.490.6%3.92%4.54%172
$560.00Sep 18$19.400.461.5%3.52%5.05%2--
$565.00Sep 18$17.300.422.4%3.14%5.58%697
$580.00Sep 18$12.100.335.2%2.19%7.35%80145
$555.00Aug 21$10.600.480.6%1.92%2.55%1116
$560.00Aug 21$8.800.421.5%1.60%3.13%5179
$565.00Aug 21$8.300.382.4%1.50%3.94%1--
$600.00Sep 18$7.200.238.8%1.31%10.09%25454
$570.00Aug 21$6.900.333.4%1.25%4.60%3426
$575.00Aug 21$5.500.294.2%1.00%5.25%4123

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 329
Total Puts 146
Put/Call Ratio 0.44
Net Difference 183

Prior's Put/Call Breakdown

Total Calls 771
Total Puts 746
Put/Call Ratio 0.97
Net Difference 25

Prior 7-Day Put/Call Summary

Total Calls 5,175
Total Puts 5,089
Average Put/Call Ratio 1.08
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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