Tour v528
NOC
NORTHROP GRUMMAN COR
$530.78 -0.09%
$533.28 (+0.47%)🌙
as of 09/16 06:04 PM
9/16 18:04

Option Volume

Detail
Current (09/16) 558
Calls: 288 (52%)
Puts: 270 (48%)
Prior (09/15) 1,208
Calls: 839 (69%)
Puts: 369 (31%)
Current vs Prior -53.81%
Calls: -65.67% (Calls)
Puts: -26.83% (Puts)
Prior 7-Day Total 10,231
Calls: 5,193 (51%)
Puts: 5,038 (49%)
Prior 7-Day Average 1,461
Calls: 741 (51%)
Puts: 719 (49%)
Current vs Prior 7-Day Avg -61.82%
Calls: -61.18%
Puts: -62.49%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/16) $469.7K
Calls: $293.4K (62%)
Puts: $176.2K (38%)
Prior (09/15) $1.25M
Calls: $825.8K (66%)
Puts: $427.6K (34%)
Current vs Prior -62.53%
Calls: -64.47%
Puts: -58.78%
Prior 7-Day Total $21.66M
Calls: $6.07M (28%)
Puts: $15.59M (72%)
Prior 7-Day Average $3.09M
Calls: $867.5K (28%)
Puts: $2.23M (72%)
Current vs Prior 7-Day Avg -84.82%
Calls: -66.18%
Puts: -92.09%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/16) 0.94
Prior (09/15) 0.44
Current vs Prior +113.16%
Prior 7-Day Average 1.15
Current vs Prior 7-Day Avg -18.44%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/16) 32,398
Calls: 15,503 (48%)
Puts: 16,895 (52%)
Prior (09/15) 31,924
Calls: 15,179 (48%)
Puts: 16,745 (52%)
Current vs Prior +1.48%
Prior 7-Day Total 211,052
Calls: 99,179 (47%)
Puts: 111,873 (53%)
Prior 7-Day Average 30,150
Calls: 14,168 (47%)
Puts: 15,981 (53%)
Current vs Prior 7-Day Avg +7.46%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/18) | Next (10/16)Expiry (09/18) | Next (10/16)
Current 2.23% | 7.33%2.23% | 7.33%
Prior 3.56% | 7.18%3.56% | 7.18%
Current vs Prior -37.25% | +2.06%-37.24% | +2.06%
Prior 7-Day Avg 3.92% | 7.72%3.92% | 7.72%
Current vs 7-Day Avg -43.03% | -5.05%-43.03% | -5.05%
Prior 7-Day Eod 3.56% | 7.18%3.56% | 7.18%
Current vs 7-Day Eod -37.25% | +2.06%-37.24% | +2.06%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 33.96% | 18.31%
Calls: 41.71% | 11.48%
Puts: 26.21% | 25.14%
Prior 33.96% | 18.31%
Calls: 41.71% | 11.48%
Puts: 26.21% | 25.14%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 32.34% | 18.59%
Calls: 35.91% | 18.25%
Puts: 28.77% | 18.92%
Current vs 7-Day Avg +5.00% | -1.48%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 62% call dollar volume ($293.4K). Light premium activity with dollar volume down 63% vs prior. Below-average activity with volume down 54% vs prior. P/C ratio rising 113% - increased hedging/bearish positioning.

Smart Money BULLISH
Retail Flow NEUTRAL
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BEARISH
Current NEUTRAL
Prior BULLISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BULLISH
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 8.5%, best 7.7%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$530.00Oct 1618.7020.20$19.457.7%20.52125
$540.00Oct 1614.3015.50$14.908.1%10.4419
$450.00Oct 1679.4087.50$83.459.7%10.891
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 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Sep 1827.7033.60$30.6519.2%11.0027
$510.00Sep 1817.6023.10$20.3527.0%--1.0024
$515.00Sep 1812.5019.80$16.1545.2%--0.9619
$450.00Oct 1679.4087.50$83.459.7%10.891
$520.00Sep 189.8013.60$11.7032.5%20.81205
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$580.00Sep 1846.2052.40$49.3012.6%--0.9712
$560.00Sep 1827.7032.70$30.2016.6%10.9591
$550.00Sep 1817.9023.10$20.5025.4%--0.9360
$555.00Sep 1822.7027.70$25.2019.8%--0.93115
$575.00Sep 1842.1048.40$45.2513.9%--0.8611

Most actively traded options today. High liquidity = easy entry/exit. 58 active (total vol 334, top 63)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$560.00Sep 180.000.60$0.30200.0%240.04265
$600.00Sep 180.000.30$0.15200.0%210.01585
$610.00Oct 160.351.55$0.95126.3%140.0535
$550.00Sep 180.000.75$0.38197.4%120.07109
$555.00Sep 180.100.95$0.53160.4%120.07205
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$520.00Sep 180.852.60$1.73101.2%630.23144
$525.00Sep 180.804.20$2.50136.0%260.3449
$495.00Oct 164.607.00$5.8041.4%120.2181
$480.00Sep 180.006.80$3.40200.0%100.1394
$545.00Sep 1811.9018.60$15.2543.9%100.8285

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 11 strikes (avg 55.8%, max 255.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$565.00Sep 18Oct 1694.5%27.5%243.6%10156
$545.00Sep 18Oct 1641.7%29.6%41.0%982
$535.00Sep 18Oct 1637.4%30.8%21.5%3460
$520.00Sep 18Oct 1633.7%30.1%12.1%12598
$540.00Sep 18Oct 1632.5%31.8%2.2%11198
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$490.00Sep 18Oct 16108.0%30.4%255.5%4208
$535.00Sep 18Oct 1637.4%30.8%21.5%272
$520.00Sep 18Oct 1633.7%30.1%12.1%63226
$540.00Sep 18Oct 1632.5%31.8%2.2%--185
$530.00Sep 18Oct 1629.5%29.2%0.8%3140

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 49 found (best R:R 2.57, avg 5.68)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$515.00$520.00Oct 16$1.40$3.60$1.4065%2.57$516.40
$530.00$535.00Sep 18$0.87$4.13$0.8750%4.75$530.87
$580.00$590.00Oct 16$0.37$9.63$0.3716%26.03$580.37
$555.00$560.00Oct 16$0.70$4.30$0.7032%6.14$555.70
$535.00$540.00Oct 16$1.50$3.50$1.5048%2.33$536.50
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$535.00$530.00Oct 16$1.85$3.15$1.8552%1.70$533.15
$510.00$505.00Oct 16$0.85$4.15$0.8531%4.88$509.15
$500.00$495.00Oct 16$0.55$4.45$0.5523%8.09$499.45
$525.00$520.00Sep 18$0.77$4.23$0.7734%5.49$524.23
$515.00$510.00Oct 16$1.25$3.75$1.2535%3.00$513.75

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 43 found (best R:R 2.03, avg 0.62)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$565.00$570.00Sep 18$3.25$3.25$1.7582%1.86$568.25
$615.00$620.00Oct 16$2.60$2.60$2.4088%1.08$617.60
$595.00$600.00Oct 16$2.70$2.70$2.3085%1.17$597.70
$575.00$580.00Sep 18$2.45$2.45$2.5586%0.96$577.45
$560.00$565.00Oct 16$3.25$3.25$1.7571%1.86$563.25
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$430.00$425.00Sep 18$3.35$3.35$1.6592%2.03$426.65
$480.00$475.00Sep 18$3.35$3.35$1.6587%2.03$476.65
$450.00$445.00Sep 18$2.90$2.90$2.1090%1.38$447.10
$490.00$485.00Sep 18$2.95$2.95$2.0585%1.44$487.05
$505.00$500.00Oct 16$2.25$2.25$2.7572%0.82$502.75

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 6 found (avg debit $13.25, cheapest $11.90)

CALLS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$535.00Sep 18Oct 16$12.9737.4%30.8%
$530.00Sep 18Oct 16$15.1529.5%29.2%
$525.00Sep 18Oct 16$13.6028.6%29.9%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$535.00Sep 18Oct 16$11.9037.4%30.8%
$530.00Sep 18Oct 16$12.8529.5%29.2%
$525.00Sep 18Oct 16$13.0528.6%29.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 22 found (cheapest 1.71% of stock, avg 5.29%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$530.00Sep 18$4.30$4.75$9.05$520.95$539.051.71%
$525.00Sep 18$7.90$2.50$10.40$514.60$535.401.96%
$535.00Sep 18$3.43$7.55$10.98$524.02$545.982.07%
$540.00Sep 18$1.43$11.20$12.63$527.37$552.632.38%
$520.00Sep 18$11.70$1.73$13.43$506.57$533.432.53%
$545.00Sep 18$1.48$15.25$16.73$528.27$561.733.15%
$515.00Sep 18$16.15$0.70$16.85$498.15$531.853.17%
$510.00Sep 18$20.35$0.53$20.88$489.12$530.883.93%
$550.00Sep 18$0.38$20.50$20.88$529.12$570.883.93%
$555.00Sep 18$0.53$25.20$25.73$529.27$580.734.85%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 50 found (cheapest 0.41% of stock, avg 2.95%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$545.00$515.00Sep 18$1.48$0.70$2.18$512.82$547.18
$540.00$515.00Sep 18$1.43$0.70$2.13$512.87$542.13
$540.00$520.00Sep 18$1.43$1.73$3.16$516.84$543.16
$545.00$520.00Sep 18$1.48$1.73$3.21$516.79$548.21
$565.00$515.00Sep 18$3.45$0.70$4.15$510.85$569.15
$540.00$525.00Sep 18$1.43$2.50$3.93$521.07$543.93
$545.00$525.00Sep 18$1.48$2.50$3.98$521.02$548.98
$545.00$490.00Sep 18$1.48$3.40$4.88$485.12$549.88
$545.00$480.00Sep 18$1.48$3.40$4.88$475.12$549.88
$540.00$490.00Sep 18$1.43$3.40$4.83$485.17$544.83

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 125 found (best R:R 12.16, avg credit $2.46)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
445/450615/620Sep 18$4.62$0.3881%12.16$445.38$619.62
485/490615/620Sep 18$4.67$0.3375%14.15$485.33$619.67
425/430590/595Sep 18$4.25$0.7582%5.67$425.75$594.25
425/430595/600Sep 18$4.05$0.9586%4.26$425.95$599.05
425/430620/625Sep 18$3.90$1.1088%3.55$426.10$623.90
425/430610/615Sep 18$4.25$0.7580%5.67$425.75$614.25
425/430545/550Sep 18$4.45$0.5574%8.09$425.55$549.45
475/480590/595Sep 18$4.25$0.7578%5.67$475.75$594.25
475/480595/600Sep 18$4.05$0.9581%4.26$475.95$599.05
475/480620/625Sep 18$3.90$1.1082%3.55$476.10$623.90

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 39 found (best R:R 24.00, cheapest $0.09)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$520.00$525.00$530.00Sep 18$0.20$4.8032%24.00
$515.00$520.00$525.00Sep 18$0.65$4.3527%6.69
$570.00$575.00$580.00Oct 16$0.09$4.915%54.56
$590.00$595.00$600.00Sep 18$0.20$4.808%24.00
$580.00$585.00$590.00Sep 18$0.34$4.666%13.71
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$525.00$530.00$535.00Sep 18$0.55$4.4530%8.09
$535.00$540.00$545.00Sep 18$0.40$4.6018%11.50
$505.00$510.00$515.00Sep 18$0.09$4.915%54.56
$530.00$535.00$540.00Sep 18$0.85$4.1528%4.88
$505.00$510.00$515.00Oct 16$0.40$4.607%11.50

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 55 found (best net $-0.70, 37 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$525.00$530.001:2Sep 18-$0.70$4.30
$555.00$560.001:2Sep 18-$0.07$4.93
$605.00$610.001:2Oct 16-$0.40$4.60
$520.00$525.001:2Sep 18-$4.10$0.90
$550.00$555.001:2Sep 18-$0.68$4.32
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$530.00$525.001:2Sep 18-$0.25$4.75
$535.00$530.001:2Sep 18-$1.95$3.05
$525.00$520.001:2Sep 18-$0.96$4.04
$505.00$500.001:2Sep 18-$0.15$4.85
$515.00$510.001:2Sep 18-$0.36$4.64

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 21 found (best yield 2.69%, avg 0.71%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$540.00Oct 16$14.300.441.7%2.69%4.43%119
$535.00Oct 16$14.400.480.8%2.71%3.51%--164
$550.00Oct 16$9.100.363.6%1.71%5.34%256
$545.00Oct 16$9.400.392.7%1.77%4.45%29
$555.00Oct 16$6.100.324.6%1.15%5.71%548
$560.00Oct 16$5.200.295.5%0.98%6.48%569
$570.00Oct 16$4.600.217.4%0.87%8.26%127
$635.00Oct 16$0.150.1119.6%0.03%19.66%3--
$630.00Oct 16$0.150.1118.7%0.03%18.72%2--
$580.00Oct 16$3.000.169.3%0.57%9.84%340

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 288
Total Puts 270
Put/Call Ratio 0.94
Net Difference 18

Prior's Put/Call Breakdown

Total Calls 839
Total Puts 369
Put/Call Ratio 0.44
Net Difference 470

Prior 7-Day Put/Call Summary

Total Calls 5,193
Total Puts 5,038
Average Put/Call Ratio 1.15
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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