Tour v388
NOC
NORTHROP GRUMMAN COR
$523.29 +2.15%
7/22 15:06

Option Volume

Detail
Current (07/22 3:05pm) 1,060
Calls: 580 (55%)
Puts: 480 (45%)
Prior (07/21) 3,638
Calls: 1,533 (42%)
Puts: 2,105 (58%)
Current vs Prior -70.86%
Calls: -62.17% (Calls)
Puts: -77.20% (Puts)
Prior 7-Day Total 6,024
Calls: 2,791 (46%)
Puts: 3,233 (54%)
Prior 7-Day Average 860
Calls: 398 (46%)
Puts: 461 (54%)
Current vs Prior 7-Day Avg +23.17%
Calls: +45.47%
Puts: +3.93%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/22 3:05pm) $2.59M
Calls: $1.05M (40%)
Puts: $1.55M (60%)
Prior (07/21) $4.38M
Calls: $2.07M (47%)
Puts: $2.31M (53%)
Current vs Prior -40.76%
Calls: -49.23%
Puts: -33.20%
Prior 7-Day Total $8.08M
Calls: $3.47M (43%)
Puts: $4.61M (57%)
Prior 7-Day Average $1.15M
Calls: $496.1K (43%)
Puts: $658.4K (57%)
Current vs Prior 7-Day Avg +124.74%
Calls: +111.50%
Puts: +134.72%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/22 3:05pm) 0.83
Prior (07/21) 1.37
Current vs Prior -39.73%
Prior 7-Day Average 1.86
Current vs Prior 7-Day Avg -55.53%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/22 3:05pm) 26,100
Calls: 12,148 (47%)
Puts: 13,952 (53%)
Prior (07/21) 23,685
Calls: 11,542 (49%)
Puts: 12,143 (51%)
Current vs Prior +10.20%
Prior 7-Day Total 170,257
Calls: 85,951 (50%)
Puts: 84,306 (50%)
Prior 7-Day Average 24,322
Calls: 12,278 (50%)
Puts: 12,043 (50%)
Current vs Prior 7-Day Avg +7.31%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 7.71% | 10.37%
Prior 8.50% | 11.20%
Current vs Prior -9.28% | -7.47%
Prior 7-Day Avg 3.45% | 9.54%
Current vs 7-Day Avg +123.77% | +8.62%
Prior 7-Day Eod 8.50% | 11.20%
Current vs 7-Day Eod -9.28% | -7.47%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 25.95% | 16.50%
Calls: 20.13% | 15.49%
Puts: 31.76% | 17.52%
Prior 19.80% | 20.78%
Calls: 19.84% | 20.47%
Puts: 19.75% | 21.09%
Current vs Prior +31.06% | -20.60%
Prior 7-Day Avg 67.89% | 18.95%
Calls: 40.77% | 19.35%
Puts: 83.36% | 18.56%
Current vs 7-Day Avg -61.77% | -12.94%
Liquidity Expensive
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🤖 AI Insights

Dollar volume significantly above 7-day average (125% higher). Below-average activity with volume down 71% vs prior. P/C ratio dropping 40% - sentiment shifting bullish.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current NEUTRAL
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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
15:05BEARISHBULLISHBULLISH
14:05BEARISHBEARISHBEARISH
10:00BEARISHBEARISHBEARISH
09:55BULLISHBULLISHBULLISH
09:50BULLISHBULLISHBULLISH
09:45BULLISHBULLISHBULLISH
09:40BEARISHNEUTRALMIXED
09:35BEARISHNEUTRALBEARISH

📈 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 9 of results (avg 9.0%, best 6.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Aug 2175.8080.90$78.356.5%10.9425
$470.00Aug 2156.7062.30$59.509.4%--0.9045
$475.00Aug 2152.4057.80$55.109.8%10.881
$485.00Aug 2144.2048.80$46.509.9%30.847
$480.00Aug 2147.8052.80$50.309.9%40.858
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Aug 2173.2078.70$75.957.2%--0.97114
$570.00Aug 2147.2051.80$49.509.3%--0.8251
$590.00Aug 2163.6069.80$66.709.3%--0.9230
$575.00Aug 2150.4055.40$52.909.5%--0.8429

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. 25 found (avg delta 0.76, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Aug 2175.8080.90$78.356.5%10.9425
$470.00Aug 2156.7062.30$59.509.4%--0.9045
$475.00Aug 2152.4057.80$55.109.8%10.881
$480.00Aug 2147.8052.80$50.309.9%40.858
$485.00Aug 2144.2048.80$46.509.9%30.847
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Aug 2173.2078.70$75.957.2%--0.97114
$590.00Aug 2163.6069.80$66.709.3%--0.9230
$585.00Aug 2158.6065.10$61.8510.5%--0.90154
$580.00Aug 2154.2060.10$57.1510.3%--0.8961
$575.00Aug 2150.4055.40$52.909.5%--0.8429

Most actively traded options today. High liquidity = easy entry/exit. 42 active (total vol 523, top 84)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Aug 218.7011.00$9.8523.4%840.33302
$600.00Aug 211.602.10$1.8527.0%280.09204
$535.00Aug 2114.1017.30$15.7020.4%260.46164
$620.00Aug 210.651.00$0.8342.2%260.04156
$525.00Aug 2118.0022.80$20.4023.5%250.5462
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$470.00Aug 212.152.90$2.5329.6%520.10239
$490.00Aug 215.206.80$6.0026.7%400.2184
$480.00Aug 213.404.80$4.1034.1%160.15140
$485.00Aug 213.905.20$4.5528.6%120.1722
$500.00Aug 217.309.30$8.3024.1%110.27121

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. 38 found (best R:R 19.83, avg 5.26)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$610.00$620.00Aug 21$0.57$9.43$0.5716.54$610.57
$540.00$545.00Aug 21$0.45$4.55$0.4510.11$540.45
$570.00$575.00Aug 21$0.45$4.55$0.4510.11$570.45
$550.00$555.00Aug 21$0.50$4.50$0.509.00$550.50
$590.00$595.00Aug 21$0.53$4.47$0.538.43$590.53
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$440.00$435.00Aug 21$0.24$4.76$0.2419.83$439.76
$470.00$465.00Aug 21$0.25$4.75$0.2519.00$469.75
$450.00$440.00Aug 21$0.86$9.14$0.8610.63$449.14
$485.00$480.00Aug 21$0.45$4.55$0.4510.11$484.55
$460.00$455.00Aug 21$0.57$4.43$0.577.77$459.43

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 55 found (best R:R 32.33, avg 2.93)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$475.00$480.00Aug 21$4.80$4.80$0.2024.00$479.80
$450.00$470.00Aug 21$18.85$18.85$1.1516.39$468.85
$470.00$475.00Aug 21$4.40$4.40$0.607.33$474.40
$490.00$500.00Aug 21$8.00$8.00$2.004.00$498.00
$485.00$490.00Aug 21$3.95$3.95$1.053.76$488.95
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$590.00$585.00Aug 21$4.85$4.85$0.1532.33$585.15
$585.00$580.00Aug 21$4.70$4.70$0.3015.67$580.30
$600.00$590.00Aug 21$9.25$9.25$0.7512.33$590.75
$580.00$575.00Aug 21$4.25$4.25$0.755.67$575.75
$555.00$550.00Aug 21$3.90$3.90$1.103.55$551.10

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. 25 found (cheapest 7.15% of stock, avg 9.81%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$525.00Aug 21$20.40$17.00$37.40$487.60$562.407.15%
$530.00Aug 21$18.20$19.30$37.50$492.50$567.507.17%
$520.00Aug 21$23.35$15.00$38.35$481.65$558.357.33%
$535.00Aug 21$15.70$22.95$38.65$496.35$573.657.39%
$515.00Aug 21$26.30$12.55$38.85$476.15$553.857.42%
$510.00Aug 21$28.25$10.65$38.90$471.10$548.907.43%
$540.00Aug 21$12.95$26.35$39.30$500.70$579.307.51%
$545.00Aug 21$12.50$29.80$42.30$502.70$587.308.08%
$500.00Aug 21$34.55$8.30$42.85$457.15$542.858.19%
$550.00Aug 21$9.85$33.30$43.15$506.85$593.158.25%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 25 found (cheapest 3.70% of stock, avg 5.12%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$550.00$505.00Aug 21$9.85$9.50$19.35$485.65$569.35
$550.00$510.00Aug 21$9.85$10.65$20.50$489.50$570.50
$545.00$505.00Aug 21$12.50$9.50$22.00$483.00$567.00
$550.00$515.00Aug 21$9.85$12.55$22.40$492.60$572.40
$540.00$505.00Aug 21$12.95$9.50$22.45$482.55$562.45
$545.00$510.00Aug 21$12.50$10.65$23.15$486.85$568.15
$540.00$510.00Aug 21$12.95$10.65$23.60$486.40$563.60
$550.00$520.00Aug 21$9.85$15.00$24.85$495.15$574.85
$545.00$515.00Aug 21$12.50$12.55$25.05$489.95$570.05
$535.00$505.00Aug 21$15.70$9.50$25.20$479.80$560.20

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 64 found (best R:R 20.98, avg credit $5.08)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
435/440450/470Aug 21$19.09$0.9120.98$420.91$469.09
435/440470/475Aug 21$4.64$0.3612.89$435.36$474.64
460/465485/490Aug 21$4.58$0.4210.90$460.42$489.58
455/460485/490Aug 21$4.52$0.489.42$455.48$489.52
470/475485/490Aug 21$4.52$0.489.42$470.48$489.52
475/480490/500Aug 21$9.00$1.009.00$471.00$499.00
440/450490/500Aug 21$8.86$1.147.77$441.14$498.86
460/465480/485Aug 21$4.43$0.577.77$460.57$484.43
485/490515/520Aug 21$4.40$0.607.33$485.60$519.40
485/490520/525Aug 21$4.40$0.607.33$485.60$524.40

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 28 found (best R:R 82.33, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$585.00$590.00$595.00Aug 21$0.12$4.8840.67
$555.00$560.00$565.00Aug 21$0.50$4.509.00
$520.00$525.00$530.00Aug 21$0.75$4.255.67
$490.00$500.00$510.00Aug 21$1.70$8.304.88
$475.00$480.00$485.00Aug 21$1.00$4.004.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$455.00$460.00$465.00Aug 21$0.06$4.9482.33
$580.00$585.00$590.00Aug 21$0.15$4.8532.33
$430.00$435.00$440.00Aug 21$0.16$4.8430.25
$520.00$525.00$530.00Aug 21$0.30$4.7015.67
$465.00$470.00$475.00Aug 21$0.32$4.6814.62

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 24 found (best net $-0.26, 23 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$610.00$620.001:2Aug 21-$0.26$9.74
$605.00$610.001:2Aug 21-$0.40$4.60
$595.00$600.001:2Aug 21-$1.28$3.72
$590.00$595.001:2Aug 21-$1.89$3.11
$585.00$590.001:2Aug 21-$2.30$2.70
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$440.00$435.001:2Aug 21-$0.29$4.71
$430.00$425.001:2Aug 21-$0.35$4.65
$435.00$430.001:2Aug 21-$0.37$4.63
$460.00$455.001:2Aug 21-$0.51$4.49
$465.00$460.001:2Aug 21-$1.02$3.98

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 15 found (best yield 3.44%, avg 1.49%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$525.00Aug 21$18.000.540.3%3.44%3.77%2562
$530.00Aug 21$16.200.501.3%3.10%4.38%1448
$535.00Aug 21$14.100.462.2%2.69%4.93%26164
$540.00Aug 21$11.700.413.2%2.24%5.43%23146
$545.00Aug 21$10.400.384.2%1.99%6.14%1250
$550.00Aug 21$8.700.335.1%1.66%6.77%84302
$555.00Aug 21$7.800.316.1%1.49%7.55%4129
$560.00Aug 21$6.700.277.0%1.28%8.30%1261
$565.00Aug 21$5.700.248.0%1.09%9.06%364
$570.00Aug 21$4.800.218.9%0.92%9.84%6291

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 580
Total Puts 480
Put/Call Ratio 0.83
Net Difference 100

Prior's Put/Call Breakdown

Total Calls 1,533
Total Puts 2,105
Put/Call Ratio 1.37
Net Difference -572

Prior 7-Day Put/Call Summary

Total Calls 2,791
Total Puts 3,233
Average Put/Call Ratio 1.86
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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