Tour v492
NOC
NORTHROP GRUMMAN COR
$557.47 +1.07%
$557.29 (-0.03%)🌙
as of 08/05 06:20 PM
8/5 18:20

Option Volume

Detail
Current (08/05) 909
Calls: 290 (32%)
Puts: 619 (68%)
Prior (08/04) 475
Calls: 329 (69%)
Puts: 146 (31%)
Current vs Prior +91.37%
Calls: -11.85% (Calls)
Puts: +323.97% (Puts)
Prior 7-Day Total 8,383
Calls: 4,922 (59%)
Puts: 3,461 (41%)
Prior 7-Day Average 1,197
Calls: 703 (59%)
Puts: 494 (41%)
Current vs Prior 7-Day Avg -24.10%
Calls: -58.76%
Puts: +25.20%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/05) $1.40M
Calls: $612.8K (44%)
Puts: $787.6K (56%)
Prior (08/04) $951.9K
Calls: $815.9K (86%)
Puts: $136.0K (14%)
Current vs Prior +47.12%
Calls: -24.89%
Puts: +479.09%
Prior 7-Day Total $14.67M
Calls: $7.88M (54%)
Puts: $6.79M (46%)
Prior 7-Day Average $2.10M
Calls: $1.13M (54%)
Puts: $969.7K (46%)
Current vs Prior 7-Day Avg -33.18%
Calls: -45.58%
Puts: -18.78%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/05) 2.13
Prior (08/04) 0.44
Current vs Prior +380.99%
Prior 7-Day Average 0.71
Current vs Prior 7-Day Avg +201.48%
Sentiment BEARISH

Open Interest

Detail
Current (08/05) 6,279
Calls: 3,302 (53%)
Puts: 2,977 (47%)
Prior (08/04) 7,544
Calls: 4,214 (56%)
Puts: 3,330 (44%)
Current vs Prior -16.77%
Prior 7-Day Total 108,378
Calls: 53,597 (49%)
Puts: 54,781 (51%)
Prior 7-Day Average 15,482
Calls: 7,656 (49%)
Puts: 7,825 (51%)
Current vs Prior 7-Day Avg -59.44%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 4.96% | 8.40%
Prior 5.41% | 8.84%
Current vs Prior -8.35% | -4.92%
Prior 7-Day Avg 6.27% | 9.40%
Current vs 7-Day Avg -20.94% | -10.62%
Prior 7-Day Eod 5.41% | 8.84%
Current vs 7-Day Eod -8.35% | -4.92%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 19.48% | 6.12%
Calls: 7.77% | 6.06%
Puts: 31.18% | 6.19%
Prior 8.48% | 7.81%
Calls: 10.78% | 4.74%
Puts: 6.19% | 10.88%
Current vs Prior +129.72% | -21.64%
Prior 7-Day Avg 17.10% | 13.32%
Calls: 17.01% | 15.55%
Puts: 17.18% | 11.10%
Current vs 7-Day Avg +13.95% | -54.07%
Liquidity Pricy
+
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🤖 AI Insights

Above-average activity with volume up 91% vs prior. Extreme bearish P/C ratio of 2.13 - heavy put buying. P/C ratio rising 381% - increased hedging/bearish positioning. Declining open interest (down 17%) indicates positions being closed.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
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 5 of results (avg 7.5%, best 6.4%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$555.00Sep 1822.5024.10$23.306.9%30.5373
$480.00Aug 2175.9081.80$78.857.5%10.94--
$565.00Sep 1817.7019.30$18.508.6%70.4699
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$560.00Sep 1822.8024.30$23.556.4%400.5155
$545.00Sep 1815.8017.10$16.457.9%30.4065

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. 14 found (avg delta 0.65, highest 0.94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$480.00Aug 2175.9081.80$78.857.5%10.94--
$520.00Aug 2137.7041.80$39.7510.3%10.87--
$530.00Aug 2129.2034.20$31.7015.8%10.8151
$540.00Aug 2121.6025.50$23.5516.6%40.69--
$535.00Sep 1830.7037.70$34.2020.5%30.67--
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$560.00Aug 2111.6014.60$13.1022.9%20.52107
$560.00Sep 1822.8024.30$23.556.4%400.5155

Most actively traded options today. High liquidity = easy entry/exit. 60 active (total vol 549, top 100)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$575.00Aug 215.907.30$6.6021.2%950.31123
$580.00Sep 1811.3013.50$12.4017.7%390.3574
$555.00Aug 2113.6015.50$14.5513.1%90.54117
$565.00Sep 1817.7019.30$18.508.6%70.4699
$560.00Sep 1818.6021.60$20.1014.9%60.4966
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Aug 210.501.25$0.8885.2%1000.05136
$560.00Sep 1822.8024.30$23.556.4%400.5155
$545.00Aug 216.308.10$7.2025.0%280.34--
$550.00Aug 218.209.90$9.0518.8%270.40157
$525.00Aug 211.258.30$4.78147.5%260.20182

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 17.9%, max 89.9%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$540.00Aug 21Sep 1831.7%28.7%10.4%5--
$555.00Aug 21Sep 1826.9%26.7%0.9%12190
$580.00Aug 21Sep 1828.8%28.6%0.7%44245
$585.00Aug 21Sep 1829.3%29.3%0.0%245
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$460.00Aug 21Sep 1868.0%35.8%89.9%4--
$505.00Aug 21Sep 1844.9%32.3%39.2%119
$480.00Aug 21Sep 1844.1%33.1%33.1%8115
$510.00Aug 21Sep 1837.4%31.7%18.0%9358
$485.00Aug 21Sep 1837.3%32.8%13.5%834

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 43 found (best R:R 99.00, avg 7.62)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$600.00$620.00Aug 21$0.20$19.80$0.2099.00$600.20
$620.00$660.00Aug 21$1.00$39.00$1.0039.00$621.00
$610.00$635.00Sep 18$1.85$23.15$1.8512.51$611.85
$590.00$600.00Aug 21$1.17$8.83$1.177.55$591.17
$580.00$585.00Aug 21$0.95$4.05$0.954.26$580.95
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$500.00$485.00Aug 21$0.28$14.72$0.2852.57$499.72
$480.00$460.00Sep 18$1.10$18.90$1.1017.18$478.90
$485.00$480.00Sep 18$0.50$4.50$0.509.00$484.50
$465.00$460.00Aug 21$0.62$4.38$0.627.06$464.38
$520.00$515.00Aug 21$0.62$4.38$0.627.06$519.38

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 47 found (best R:R 49.00, avg 2.68)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$545.00$550.00Sep 18$4.90$4.90$0.1049.00$549.90
$480.00$520.00Aug 21$39.10$39.10$0.9043.44$519.10
$530.00$540.00Aug 21$8.15$8.15$1.854.41$538.15
$520.00$530.00Aug 21$8.05$8.05$1.954.13$528.05
$545.00$550.00Aug 21$3.30$3.30$1.701.94$548.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$505.00$500.00Aug 21$2.87$2.87$2.131.35$502.13
$475.00$470.00Aug 21$2.70$2.70$2.301.17$472.30
$560.00$550.00Sep 18$5.35$5.35$4.651.15$554.65
$525.00$520.00Aug 21$2.36$2.36$2.640.89$522.64
$545.00$530.00Sep 18$6.20$6.20$8.800.70$538.80

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 20 found (avg debit $6.79, cheapest $1.80)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$600.00Aug 21Sep 18$6.1229.2%30.0%
$585.00Aug 21Sep 18$7.1029.3%29.3%
$580.00Aug 21Sep 18$7.2028.8%28.6%
$550.00Aug 21Sep 18$7.2526.8%27.4%
$540.00Aug 21Sep 18$7.4031.7%28.7%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$480.00Aug 21Sep 18$1.8044.1%33.1%
$505.00Aug 21Sep 18$2.7044.9%32.3%
$485.00Aug 21Sep 18$2.7537.3%32.8%
$500.00Aug 21Sep 18$4.5732.8%32.3%
$510.00Aug 21Sep 18$4.6037.4%31.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 10 found (cheapest 4.49% of stock, avg 7.20%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$560.00Aug 21$11.95$13.10$25.05$534.95$585.054.49%
$550.00Aug 21$17.60$9.05$26.65$523.35$576.654.78%
$545.00Aug 21$20.90$7.20$28.10$516.90$573.105.04%
$540.00Aug 21$23.55$7.45$31.00$509.00$571.005.56%
$530.00Aug 21$31.70$3.70$35.40$494.60$565.406.35%
$520.00Aug 21$39.75$2.42$42.17$477.83$562.177.56%
$550.00Sep 18$24.85$18.20$43.05$506.95$593.057.72%
$560.00Sep 18$20.10$23.55$43.65$516.35$603.657.83%
$545.00Sep 18$29.75$16.45$46.20$498.80$591.208.29%
$480.00Aug 21$78.85$1.05$79.90$400.10$559.9014.33%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 50 found (cheapest 1.60% of stock, avg 3.80%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$580.00$530.00Aug 21$5.20$3.70$8.90$521.10$588.90
$580.00$525.00Aug 21$5.20$4.78$9.98$515.02$589.98
$575.00$530.00Aug 21$6.60$3.70$10.30$519.70$585.30
$575.00$525.00Aug 21$6.60$4.78$11.38$513.62$586.38
$570.00$530.00Aug 21$8.00$3.70$11.70$518.30$581.70
$580.00$545.00Aug 21$5.20$7.20$12.40$532.60$592.40
$580.00$540.00Aug 21$5.20$7.45$12.65$527.35$592.65
$570.00$525.00Aug 21$8.00$4.78$12.78$512.22$582.78
$565.00$530.00Aug 21$9.85$3.70$13.55$516.45$578.55
$575.00$545.00Aug 21$6.60$7.20$13.80$531.20$588.80

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 130 found (best R:R 141.86, avg credit $4.72)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
460/465480/520Aug 21$39.72$0.28141.86$425.28$519.72
470/475560/565Aug 21$4.80$0.2024.00$470.20$564.80
500/505565/570Aug 21$4.72$0.2816.86$500.28$569.72
550/560565/575Sep 18$9.15$0.8510.76$550.85$574.15
470/475565/570Aug 21$4.55$0.4510.11$470.45$569.55
520/525560/565Aug 21$4.46$0.548.26$520.54$564.46
545/550555/560Aug 21$4.45$0.558.09$545.55$559.45
460/465530/540Aug 21$8.77$1.237.13$456.23$538.77
515/520530/540Aug 21$8.77$1.237.13$511.23$538.77
460/465520/530Aug 21$8.67$1.336.52$456.33$528.67

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 16 found (best R:R 19.00, cheapest $0.25)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$545.00$550.00$555.00Aug 21$0.25$4.7519.00
$560.00$565.00$570.00Aug 21$0.25$4.7519.00
$550.00$555.00$560.00Aug 21$0.45$4.5510.11
$565.00$570.00$575.00Aug 21$0.45$4.5510.11
$575.00$580.00$585.00Aug 21$0.45$4.5510.11
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$505.00$510.00$515.00Aug 21$0.25$4.7519.00
$510.00$515.00$520.00Aug 21$1.47$3.532.40
$515.00$520.00$525.00Aug 21$1.74$3.261.87
$475.00$480.00$485.00Aug 21$2.05$2.951.44
$540.00$545.00$550.00Aug 21$2.10$2.901.38

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 28 found (best net $-0.65, 23 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$480.00$520.001:2Aug 21-$0.65$39.35
$610.00$635.001:2Sep 18-$3.40$21.60
$600.00$620.001:2Aug 21-$1.53$18.47
$585.00$600.001:2Sep 18-$4.75$10.25
$590.00$600.001:2Aug 21-$0.76$9.24
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$480.00$460.001:2Sep 18-$0.65$19.35
$500.00$485.001:2Aug 21-$0.32$14.68
$545.00$530.001:2Sep 18-$4.05$10.95
$560.00$550.001:2Aug 21-$5.00$5.00
$525.00$520.001:2Aug 21-$0.06$4.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 18 found (best yield 3.34%, avg 1.36%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$560.00Sep 18$18.600.490.5%3.34%3.79%666
$565.00Sep 18$17.700.461.4%3.18%4.53%799
$575.00Sep 18$13.900.393.1%2.49%5.64%1--
$580.00Sep 18$11.300.354.0%2.03%6.07%3974
$560.00Aug 21$10.900.480.5%1.96%2.41%3178
$585.00Sep 18$10.400.324.9%1.87%6.80%1--
$565.00Aug 21$8.800.421.4%1.58%2.93%378
$570.00Aug 21$7.400.362.2%1.33%3.58%4426
$600.00Sep 18$6.700.257.6%1.20%8.83%3465
$575.00Aug 21$5.900.313.1%1.06%4.20%95123

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 290
Total Puts 619
Put/Call Ratio 2.13
Net Difference -329

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 4,922
Total Puts 3,461
Average Put/Call Ratio 0.71
Ratio Trend Rising

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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