Tour v528
NOC
NORTHROP GRUMMAN COR
$527.39 +0.65%
$527.00 (-0.07%)🌙
as of 09/18 06:03 PM
9/18 18:03

Option Volume

Detail
Current (09/18) 1,288
Calls: 477 (37%)
Puts: 811 (63%)
Prior (09/17) 2,025
Calls: 561 (28%)
Puts: 1,464 (72%)
Current vs Prior -36.40%
Calls: -14.97% (Calls)
Puts: -44.60% (Puts)
Prior 7-Day Total 8,801
Calls: 4,307 (49%)
Puts: 4,494 (51%)
Prior 7-Day Average 1,257
Calls: 615 (49%)
Puts: 642 (51%)
Current vs Prior 7-Day Avg +2.44%
Calls: -22.48%
Puts: +26.32%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/18) $5.97M
Calls: $540.5K (9%)
Puts: $5.43M (91%)
Prior (09/17) $13.73M
Calls: $663.9K (5%)
Puts: $13.07M (95%)
Current vs Prior -56.54%
Calls: -18.58%
Puts: -58.47%
Prior 7-Day Total $28.00M
Calls: $4.84M (17%)
Puts: $23.16M (83%)
Prior 7-Day Average $4.00M
Calls: $691.4K (17%)
Puts: $3.31M (83%)
Current vs Prior 7-Day Avg +49.22%
Calls: -21.82%
Puts: +64.06%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/18) 1.70
Prior (09/17) 2.61
Current vs Prior -34.85%
Prior 7-Day Average 1.14
Current vs Prior 7-Day Avg +48.79%
Sentiment BEARISH

Open Interest

Detail
Current (09/18) 32,518
Calls: 15,590 (48%)
Puts: 16,928 (52%)
Prior (09/17) 32,536
Calls: 15,570 (48%)
Puts: 16,966 (52%)
Current vs Prior -0.06%
Prior 7-Day Total 221,648
Calls: 105,472 (48%)
Puts: 116,176 (52%)
Prior 7-Day Average 31,664
Calls: 15,067 (48%)
Puts: 16,596 (52%)
Current vs Prior 7-Day Avg +2.70%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/18) | Next (10/16)Expiry (09/18) | Next (10/16)
Current 1.20% | 6.48%1.20% | 6.48%
Prior 2.19% | 7.09%2.19% | 7.09%
Current vs Prior +196.77% | +47.90%-45.07% | -8.53%
Prior 7-Day Avg 3.06% | 7.42%3.06% | 7.42%
Current vs 7-Day Avg +111.66% | +41.30%-60.82% | -12.62%
Prior 7-Day Eod 1.53% | 6.37%2.19% | 7.09%
Current vs 7-Day Eod +322.53% | +64.54%-45.07% | -8.53%
Sentiment BEARISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 163.22% | 23.01%
Calls: 211.34% | 27.52%
Puts: 115.09% | 18.50%
Prior 42.27% | 23.26%
Calls: 34.92% | 15.55%
Puts: 49.62% | 30.97%
Current vs Prior +286.14% | -1.07%
Prior 7-Day Avg 54.19% | 21.06%
Calls: 37.36% | 16.10%
Puts: 33.43% | 25.54%
Current vs 7-Day Avg +201.20% | +9.28%
Liquidity Expensive
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🤖 AI Insights

Strong bearish conviction with 91% of dollar volume in puts ($5.43M) vs calls ($540.5K). Light premium activity with dollar volume down 57% vs prior. Extreme bearish P/C ratio of 1.70 - heavy put buying. P/C ratio dropping 35% - sentiment shifting bullish.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
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 2 of results (avg 7.5%, best 5.8%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$470.00Sep 1854.5059.70$57.109.1%11.00--
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$580.00Sep 1852.0055.10$53.555.8%--0.9912

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. 26 found (avg delta 0.82, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$470.00Sep 1854.5059.70$57.109.1%11.00--
$500.00Sep 1822.4029.90$26.1528.7%21.0027
$510.00Sep 1814.9019.00$16.9524.2%--1.0023
$520.00Sep 184.8010.00$7.4070.3%251.00202
$515.00Sep 189.4014.60$12.0043.3%10.8720
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$580.00Sep 1852.0055.10$53.555.8%--0.9912
$555.00Sep 1826.1030.30$28.2014.9%--0.9912
$560.00Sep 1830.1036.20$33.1518.4%70.9928
$545.00Sep 1815.7021.20$18.4529.8%--0.9915
$575.00Sep 1845.8052.40$49.1013.4%10.9711

Most actively traded options today. High liquidity = easy entry/exit. 77 active (total vol 888, top 77)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$555.00Sep 180.000.05$0.03166.7%620.01197
$520.00Sep 184.8010.00$7.4070.3%251.00202
$565.00Sep 180.000.05$0.03166.7%200.01108
$610.00Sep 180.006.90$3.45200.0%200.12125
$580.00Oct 161.454.80$3.13107.0%200.1442
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$540.00Sep 1810.3015.40$12.8539.7%770.86142
$530.00Oct 1615.2018.40$16.8019.0%750.5244
$490.00Oct 163.103.90$3.5022.9%420.16142
$485.00Sep 180.000.10$0.05200.0%400.01116
$500.00Sep 180.000.05$0.03166.7%320.01337

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 1375.4%, max 4053.5%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$530.00Sep 18Oct 16124.2%28.8%331.9%24336
$525.00Sep 18Oct 16101.3%26.3%285.0%8219
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$490.00Sep 18Oct 161127.1%27.1%4053.5%44219
$505.00Sep 18Oct 16818.1%25.1%3153.0%140
$515.00Sep 18Oct 16335.5%26.1%1187.8%17568
$530.00Sep 18Oct 16124.2%28.8%331.9%91136
$525.00Sep 18Oct 16101.3%26.3%285.0%7101

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 46 found (best R:R 9.42, avg 7.37)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$530.00$535.00Oct 16$1.45$3.55$1.4548%2.45$531.45
$550.00$555.00Oct 16$0.85$4.15$0.8531%4.88$550.85
$515.00$520.00Oct 16$2.45$2.55$2.4563%1.04$517.45
$510.00$515.00Oct 16$3.05$1.95$3.0570%0.64$513.05
$525.00$530.00Sep 18$1.92$3.08$1.9284%1.60$526.92
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$530.00$525.00Sep 18$0.48$4.52$0.4882%9.42$529.52
$540.00$535.00Oct 16$0.95$4.05$0.9561%4.26$539.05
$550.00$545.00Oct 16$2.40$2.60$2.4068%1.08$547.60
$510.00$505.00Oct 16$0.65$4.35$0.6530%6.69$509.35
$505.00$500.00Oct 16$0.65$4.35$0.6527%6.69$504.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 40 found (best R:R 2.33, avg 0.46)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$615.00$620.00Sep 18$1.67$1.67$3.3391%0.50$616.67
$570.00$575.00Oct 16$1.50$1.50$3.5084%0.43$571.50
$540.00$545.00Oct 16$2.60$2.60$2.4061%1.08$542.60
$600.00$605.00Sep 18$0.80$0.80$4.2095%0.19$600.80
$560.00$565.00Oct 16$1.82$1.82$3.1875%0.57$561.82
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$450.00$445.00Sep 18$3.50$3.50$1.5089%2.33$446.50
$480.00$475.00Sep 18$3.55$3.55$1.4586%2.45$476.45
$515.00$510.00Oct 16$3.25$3.25$1.7563%1.86$511.75
$525.00$520.00Sep 18$3.10$3.10$1.9055%1.63$521.90
$525.00$520.00Oct 16$3.10$3.10$1.9053%1.63$521.90

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $11.30, cheapest $11.30)

CALLS (0)
No calls found
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$525.00Sep 18Oct 16$11.30101.3%26.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 25 found (cheapest 0.84% of stock, avg 5.30%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$530.00Sep 18$0.53$3.88$4.41$525.59$534.410.84%
$525.00Sep 18$2.45$3.40$5.85$519.15$530.851.11%
$520.00Sep 18$7.40$0.30$7.70$512.30$527.701.46%
$535.00Sep 18$0.20$8.75$8.95$526.05$543.951.70%
$515.00Sep 18$12.00$1.60$13.60$501.40$528.602.58%
$540.00Sep 18$0.85$12.85$13.70$526.30$553.702.60%
$510.00Sep 18$16.95$0.55$17.50$492.50$527.503.32%
$545.00Sep 18$0.03$18.45$18.48$526.52$563.483.50%
$550.00Sep 18$0.20$23.90$24.10$525.90$574.104.57%
$500.00Sep 18$26.15$0.03$26.18$473.82$526.184.96%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 50 found (cheapest 0.40% of stock, avg 2.60%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$530.00$515.00Sep 18$0.53$1.60$2.13$512.87$532.13
$540.00$515.00Sep 18$0.85$1.60$2.45$512.55$542.45
$530.00$480.00Sep 18$0.53$3.60$4.13$475.87$534.13
$540.00$480.00Sep 18$0.85$3.60$4.45$475.55$544.45
$615.00$515.00Sep 18$2.50$1.60$4.10$510.90$619.10
$530.00$525.00Sep 18$0.53$3.40$3.93$521.07$533.93
$610.00$515.00Sep 18$3.45$1.60$5.05$509.95$615.05
$530.00$490.00Sep 18$0.53$5.00$5.53$484.47$535.53
$530.00$505.00Sep 18$0.53$5.00$5.53$499.47$535.53
$540.00$490.00Sep 18$0.85$5.00$5.85$484.15$545.85

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 100 found (best R:R 6.14, avg credit $2.13)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
445/450600/605Sep 18$4.30$0.7084%6.14$445.70$604.30
475/480600/605Sep 18$4.35$0.6581%6.69$475.65$604.35
445/450610/615Sep 18$4.45$0.5577%8.09$445.55$614.45
475/480610/615Sep 18$4.50$0.5074%9.00$475.50$614.50
445/450570/575Sep 18$4.08$0.9282%4.43$445.92$574.08
445/450540/545Sep 18$4.32$0.6876%6.35$445.68$544.32
475/480570/575Sep 18$4.13$0.8779%4.75$475.87$574.13
445/450575/580Sep 18$3.72$1.2886%2.91$446.28$578.72
475/480540/545Sep 18$4.37$0.6372%6.94$475.63$544.37
445/450550/555Sep 18$3.67$1.3385%2.76$446.33$553.67

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 38 found (best R:R 2.14, cheapest $0.17)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$525.00$530.00$535.00Sep 18$1.59$3.4176%2.14
$520.00$525.00$530.00Sep 18$3.03$1.9780%0.65
$550.00$555.00$560.00Sep 18$0.17$4.833%28.41
$580.00$585.00$590.00Sep 18$0.17$4.832%28.41
$575.00$580.00$585.00Sep 18$0.22$4.782%21.73
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$490.00$495.00$500.00Oct 16$0.50$4.507%9.00
$465.00$470.00$475.00Sep 18$0.49$4.513%9.20
$445.00$450.00$455.00Oct 16$0.43$4.570%10.63
$435.00$440.00$445.00Oct 16$0.52$4.482%8.62
$550.00$555.00$560.00Sep 18$0.65$4.353%6.69

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 64 found (best net $-12.95, 43 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$500.00$510.001:2Sep 18-$7.75$2.25
$515.00$520.001:2Sep 18-$2.80$2.20
$570.00$575.001:2Oct 16-$0.45$4.55
$555.00$560.001:2Sep 18-$0.03$4.97
$560.00$565.001:2Sep 18-$0.03$4.97
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$570.00$550.001:2Oct 16-$12.95$7.05
$530.00$525.001:2Sep 18-$2.92$2.08
$475.00$470.001:2Sep 18-$0.01$4.99
$455.00$450.001:2Oct 16-$0.27$4.73
$440.00$435.001:2Oct 16-$0.24$4.76

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 13 found (best yield 2.31%, avg 0.95%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$535.00Oct 16$12.200.441.4%2.31%3.76%14167
$530.00Oct 16$13.500.480.5%2.56%3.05%7127
$540.00Oct 16$9.700.392.4%1.84%4.23%1727
$550.00Oct 16$7.400.314.3%1.40%5.69%1962
$555.00Oct 16$4.900.285.2%0.93%6.16%654
$560.00Oct 16$4.200.256.2%0.80%6.98%1368
$545.00Oct 16$6.200.343.3%1.18%4.51%310
$570.00Oct 16$2.400.168.1%0.46%8.53%729
$565.00Oct 16$1.650.207.1%0.31%7.44%157
$580.00Oct 16$1.450.1410.0%0.27%10.25%2042

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 477
Total Puts 811
Put/Call Ratio 1.70
Net Difference -334

Prior's Put/Call Breakdown

Total Calls 561
Total Puts 1,464
Put/Call Ratio 2.61
Net Difference -903

Prior 7-Day Put/Call Summary

Total Calls 4,307
Total Puts 4,494
Average Put/Call Ratio 1.14
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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