Tour v483
NOC
NORTHROP GRUMMAN COR
$546.79 +0.80%
8/3 15:06

Option Volume

Detail
Current (08/03 3:05pm) 1,461
Calls: 743 (51%)
Puts: 718 (49%)
Prior (07/31) 1,517
Calls: 932 (61%)
Puts: 585 (39%)
Current vs Prior -3.69%
Calls: -20.28% (Calls)
Puts: +22.74% (Puts)
Prior 7-Day Total 9,801
Calls: 5,421 (55%)
Puts: 4,380 (45%)
Prior 7-Day Average 1,400
Calls: 774 (55%)
Puts: 625 (45%)
Current vs Prior 7-Day Avg +4.35%
Calls: -4.06%
Puts: +14.75%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/03 3:05pm) $2.33M
Calls: $995.2K (43%)
Puts: $1.34M (57%)
Prior (07/31) $2.88M
Calls: $1.40M (48%)
Puts: $1.48M (52%)
Current vs Prior -19.13%
Calls: -28.78%
Puts: -10.05%
Prior 7-Day Total $15.40M
Calls: $8.69M (56%)
Puts: $6.71M (44%)
Prior 7-Day Average $2.20M
Calls: $1.24M (56%)
Puts: $959.3K (44%)
Current vs Prior 7-Day Avg +5.93%
Calls: -19.80%
Puts: +39.21%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/03 3:05pm) 0.97
Prior (07/31) 0.63
Current vs Prior +53.96%
Prior 7-Day Average 0.78
Current vs Prior 7-Day Avg +24.36%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/03 3:05pm) 28,956
Calls: 13,820 (48%)
Puts: 15,136 (52%)
Prior (07/31) 28,317
Calls: 13,404 (47%)
Puts: 14,913 (53%)
Current vs Prior +2.26%
Prior 7-Day Total 180,339
Calls: 85,880 (48%)
Puts: 94,459 (52%)
Prior 7-Day Average 25,762
Calls: 12,268 (48%)
Puts: 13,494 (52%)
Current vs Prior 7-Day Avg +12.39%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 5.77% | 9.24%
Prior 6.42% | 9.58%
Current vs Prior -10.11% | -3.62%
Prior 7-Day Avg 7.32% | 10.17%
Current vs 7-Day Avg -21.21% | -9.16%
Prior 7-Day Eod 6.42% | 9.58%
Current vs 7-Day Eod -10.11% | -3.62%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 7.28% | 13.12%
Calls: 8.10% | 8.63%
Puts: 6.45% | 17.60%
Prior 24.77% | 15.82%
Calls: 26.14% | 22.74%
Puts: 23.39% | 8.90%
Current vs Prior -70.61% | -17.07%
Prior 7-Day Avg 22.53% | 16.70%
Calls: 19.19% | 18.12%
Puts: 25.86% | 15.30%
Current vs 7-Day Avg -67.69% | -21.46%
Liquidity Expensive
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🤖 AI Insights

P/C ratio rising 54% - increased hedging/bearish positioning.

Smart Money BEARISH
Retail Flow NEUTRAL
Overall MIXED
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BULLISH
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 10 of results (avg 7.4%, best 4.9%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$470.00Aug 2176.0079.80$77.904.9%--0.9645
$480.00Aug 2166.3070.20$68.255.7%10.966
$450.00Aug 2195.80101.70$98.756.0%--0.9825
$490.00Aug 2156.6061.00$58.807.5%--0.9611
$500.00Aug 2147.2051.10$49.157.9%--0.9128
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Aug 2115.0016.00$15.506.5%10.52157
$600.00Aug 2152.3057.70$55.009.8%--0.91109

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 0.98)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Aug 2195.80101.70$98.756.0%--0.9825
$470.00Aug 2176.0079.80$77.904.9%--0.9645
$480.00Aug 2166.3070.20$68.255.7%10.966
$490.00Aug 2156.6061.00$58.807.5%--0.9611
$500.00Aug 2147.2051.10$49.157.9%--0.9128
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Aug 2152.3057.70$55.009.8%--0.91109
$590.00Aug 2143.1048.10$45.6011.0%--0.8530
$585.00Aug 2138.7045.00$41.8515.1%530.8274
$580.00Aug 2134.5039.90$37.2014.5%--0.8061
$575.00Aug 2130.4035.50$32.9515.5%--0.7619

Most actively traded options today. High liquidity = easy entry/exit. 31 active (total vol 283, top 53)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Aug 211.101.95$1.5355.6%340.09236
$575.00Aug 214.606.00$5.3026.4%280.25116
$570.00Aug 215.707.10$6.4021.9%260.29442
$560.00Aug 219.0010.00$9.5010.5%120.38170
$545.00Aug 2115.4016.70$16.058.1%110.54336
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$565.00Aug 2122.9028.80$25.8522.8%530.6784
$585.00Aug 2138.7045.00$41.8515.1%530.8274
$450.00Aug 210.100.50$0.30133.3%100.021.1K
$500.00Aug 211.202.00$1.6050.0%70.09135
$510.00Aug 212.303.90$3.1051.6%30.15291

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. 34 found (best R:R 37.46, avg 6.13)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$605.00$610.00Aug 21$0.20$4.80$0.2024.00$605.20
$630.00$640.00Aug 21$0.62$9.38$0.6215.13$630.62
$610.00$620.00Aug 21$0.67$9.33$0.6713.93$610.67
$595.00$600.00Aug 21$0.45$4.55$0.4510.11$595.45
$585.00$590.00Aug 21$0.52$4.48$0.528.62$585.52
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$485.00$480.00Aug 21$0.13$4.87$0.1337.46$484.87
$500.00$495.00Aug 21$0.20$4.80$0.2024.00$499.80
$525.00$520.00Aug 21$0.40$4.60$0.4011.50$524.60
$495.00$490.00Aug 21$0.72$4.28$0.725.94$494.28
$535.00$530.00Aug 21$1.05$3.95$1.053.76$533.95

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 50 found (best R:R 27.57, avg 3.37)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$470.00$480.00Aug 21$9.65$9.65$0.3527.57$479.65
$490.00$500.00Aug 21$9.65$9.65$0.3527.57$499.65
$480.00$490.00Aug 21$9.45$9.45$0.5517.18$489.45
$510.00$515.00Aug 21$4.65$4.65$0.3513.29$514.65
$500.00$510.00Aug 21$8.45$8.45$1.555.45$508.45
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$600.00$590.00Aug 21$9.40$9.40$0.6015.67$590.60
$585.00$580.00Aug 21$4.65$4.65$0.3513.29$580.35
$580.00$575.00Aug 21$4.25$4.25$0.755.67$575.75
$575.00$570.00Aug 21$3.95$3.95$1.053.76$571.05
$590.00$585.00Aug 21$3.75$3.75$1.253.00$586.25

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. 23 found (cheapest 5.27% of stock, avg 8.12%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$545.00Aug 21$16.05$12.75$28.80$516.20$573.805.27%
$540.00Aug 21$18.30$10.65$28.95$511.05$568.955.29%
$550.00Aug 21$13.55$15.50$29.05$520.95$579.055.31%
$535.00Aug 21$21.00$8.10$29.10$505.90$564.105.32%
$555.00Aug 21$11.25$19.15$30.40$524.60$585.405.56%
$530.00Aug 21$24.60$7.05$31.65$498.35$561.655.79%
$560.00Aug 21$9.50$22.60$32.10$527.90$592.105.87%
$565.00Aug 21$7.75$25.85$33.60$531.40$598.606.14%
$525.00Aug 21$28.25$5.75$34.00$491.00$559.006.22%
$570.00Aug 21$6.40$29.00$35.40$534.60$605.406.47%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 25 found (cheapest 2.22% of stock, avg 3.39%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$570.00$525.00Aug 21$6.40$5.75$12.15$512.85$582.15
$570.00$530.00Aug 21$6.40$7.05$13.45$516.55$583.45
$565.00$525.00Aug 21$7.75$5.75$13.50$511.50$578.50
$570.00$535.00Aug 21$6.40$8.10$14.50$520.50$584.50
$565.00$530.00Aug 21$7.75$7.05$14.80$515.20$579.80
$560.00$525.00Aug 21$9.50$5.75$15.25$509.75$575.25
$565.00$535.00Aug 21$7.75$8.10$15.85$519.15$580.85
$560.00$530.00Aug 21$9.50$7.05$16.55$513.45$576.55
$555.00$525.00Aug 21$11.25$5.75$17.00$508.00$572.00
$570.00$540.00Aug 21$6.40$10.65$17.05$522.95$587.05

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 17 found (best R:R 44.45, avg credit $5.03)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
480/485490/500Aug 21$9.78$0.2244.45$475.22$499.78
495/500510/515Aug 21$4.85$0.1532.33$495.15$514.85
480/485510/515Aug 21$4.78$0.2221.73$480.22$514.78
490/495500/510Aug 21$9.17$0.8311.05$485.83$509.17
495/500520/525Aug 21$4.40$0.607.33$495.60$524.40
490/495525/530Aug 21$4.37$0.636.94$490.63$529.37
480/485520/525Aug 21$4.33$0.676.46$480.67$524.33
490/495515/520Aug 21$4.32$0.686.35$490.68$519.32
490/495530/535Aug 21$4.32$0.686.35$490.68$534.32
480/485500/510Aug 21$8.58$1.426.04$476.42$508.58

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 28 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$570.00$575.00$580.00Aug 21$0.05$4.9599.00
$580.00$585.00$590.00Aug 21$0.08$4.9261.50
$470.00$480.00$490.00Aug 21$0.20$9.8049.00
$545.00$550.00$555.00Aug 21$0.20$4.8024.00
$565.00$570.00$575.00Aug 21$0.25$4.7519.00
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$570.00$575.00$580.00Aug 21$0.30$4.7015.67
$575.00$580.00$585.00Aug 21$0.40$4.6011.50
$540.00$545.00$550.00Aug 21$0.65$4.356.69
$565.00$570.00$575.00Aug 21$0.80$4.205.25
$520.00$525.00$530.00Aug 21$0.90$4.104.56

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 $-0.06, 26 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$610.00$620.001:2Aug 21-$0.06$9.94
$630.00$640.001:2Aug 21-$1.18$8.82
$590.00$595.001:2Aug 21-$0.83$4.17
$645.00$650.001:2Aug 21-$1.00$4.00
$595.00$600.001:2Aug 21-$1.08$3.92
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$450.00$440.001:2Aug 21-$0.80$9.20
$520.00$515.001:2Aug 21-$0.09$4.91
$505.00$500.001:2Aug 21-$0.15$4.85
$485.00$480.001:2Aug 21-$0.67$4.33
$490.00$485.001:2Aug 21-$1.18$3.82

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 11 found (best yield 2.38%, avg 1.01%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$550.00Aug 21$13.000.490.6%2.38%2.96%5197
$555.00Aug 21$10.600.431.5%1.94%3.44%--116
$560.00Aug 21$9.000.382.4%1.65%4.06%12170
$565.00Aug 21$7.300.333.3%1.34%4.67%277
$570.00Aug 21$5.700.294.2%1.04%5.29%26442
$575.00Aug 21$4.600.255.2%0.84%6.00%28116
$580.00Aug 21$3.700.216.1%0.68%6.75%3168
$585.00Aug 21$2.400.187.0%0.44%7.43%145
$590.00Aug 21$1.950.167.9%0.36%8.26%1152
$595.00Aug 21$1.600.118.8%0.29%9.11%356

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 743
Total Puts 718
Put/Call Ratio 0.97
Net Difference 25

Prior's Put/Call Breakdown

Total Calls 932
Total Puts 585
Put/Call Ratio 0.63
Net Difference 347

Prior 7-Day Put/Call Summary

Total Calls 5,421
Total Puts 4,380
Average Put/Call Ratio 0.78
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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