Tour v492
NOC
NORTHROP GRUMMAN COR
$556.00 +0.81%
8/5 15:06

Option Volume

Detail
Current (08/05 3:05pm) 723
Calls: 250 (35%)
Puts: 473 (65%)
Prior (08/04) 432
Calls: 305 (71%)
Puts: 127 (29%)
Current vs Prior +67.36%
Calls: -18.03% (Calls)
Puts: +272.44% (Puts)
Prior 7-Day Total 7,463
Calls: 4,502 (60%)
Puts: 2,961 (40%)
Prior 7-Day Average 1,066
Calls: 643 (60%)
Puts: 423 (40%)
Current vs Prior 7-Day Avg -32.19%
Calls: -61.13%
Puts: +11.82%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/05 3:05pm) $1.20M
Calls: $512.7K (43%)
Puts: $690.4K (57%)
Prior (08/04) $860.8K
Calls: $739.5K (86%)
Puts: $121.2K (14%)
Current vs Prior +39.77%
Calls: -30.67%
Puts: +469.42%
Prior 7-Day Total $14.01M
Calls: $7.74M (55%)
Puts: $6.27M (45%)
Prior 7-Day Average $2.00M
Calls: $1.11M (55%)
Puts: $895.6K (45%)
Current vs Prior 7-Day Avg -39.90%
Calls: -53.66%
Puts: -22.91%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/05 3:05pm) 1.89
Prior (08/04) 0.42
Current vs Prior +354.38%
Prior 7-Day Average 0.73
Current vs Prior 7-Day Avg +160.74%
Sentiment BEARISH

Open Interest

Detail
Current (08/05 3:05pm) 29,559
Calls: 14,088 (48%)
Puts: 15,471 (52%)
Prior (08/04) 29,509
Calls: 14,095 (48%)
Puts: 15,414 (52%)
Current vs Prior +0.17%
Prior 7-Day Total 191,593
Calls: 90,715 (47%)
Puts: 100,878 (53%)
Prior 7-Day Average 27,370
Calls: 12,959 (47%)
Puts: 14,411 (53%)
Current vs Prior 7-Day Avg +8.00%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 4.91% | 8.52%
Prior 5.77% | 9.24%
Current vs Prior -14.90% | -7.79%
Prior 7-Day Avg 6.68% | 9.72%
Current vs 7-Day Avg -26.55% | -12.37%
Prior 7-Day Eod 5.77% | 9.24%
Current vs 7-Day Eod -14.90% | -7.79%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 19.48% | 6.12%
Calls: 7.77% | 6.06%
Puts: 31.18% | 6.19%
Prior 7.28% | 13.12%
Calls: 8.10% | 8.63%
Puts: 6.45% | 17.60%
Current vs Prior +167.58% | -53.35%
Prior 7-Day Avg 19.76% | 14.66%
Calls: 17.48% | 16.05%
Puts: 22.03% | 13.28%
Current vs 7-Day Avg -1.42% | -58.26%
Liquidity Pricy
+
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🤖 AI Insights

Above-average activity with volume up 67% vs prior. Extreme bearish P/C ratio of 1.89 - heavy put buying. P/C ratio rising 354% - increased hedging/bearish positioning.

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 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 20 of results (avg 8.2%, best 6.1%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$555.00Sep 1822.4023.80$23.106.1%20.5173
$470.00Aug 2183.0089.30$86.157.3%--0.9645
$450.00Aug 21103.00111.00$107.007.5%--0.9525
$480.00Sep 1874.8080.80$77.807.7%--0.9110
$555.00Aug 2113.6014.70$14.157.8%30.53117
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$560.00Sep 1823.5025.00$24.256.2%370.5255
$550.00Sep 1818.6020.00$19.307.3%230.4545
$555.00Sep 1820.8022.40$21.607.4%--0.4887
$590.00Sep 1842.4046.00$44.208.1%--0.7012
$545.00Sep 1816.4017.80$17.108.2%20.4165

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. 42 found (avg delta 0.74, highest 0.96)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$490.00Aug 2163.2069.50$66.359.5%--0.9612
$470.00Aug 2183.0089.30$86.157.3%--0.9645
$480.00Aug 2173.0080.10$76.559.3%10.956
$450.00Aug 21103.00111.00$107.007.5%--0.9525
$500.00Aug 2153.6059.80$56.7010.9%--0.9528
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Aug 2142.8049.70$46.2514.9%--0.88109
$620.00Sep 1864.8073.00$68.9011.9%--0.8348
$590.00Aug 2133.3041.00$37.1520.7%--0.8330
$610.00Sep 1858.5064.00$61.259.0%--0.8127
$605.00Sep 1854.6060.00$57.309.4%--0.7870

Most actively traded options today. High liquidity = easy entry/exit. 51 active (total vol 396, top 94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$575.00Aug 215.706.50$6.1013.1%940.30123
$580.00Sep 1811.1013.10$12.1016.5%390.3474
$580.00Aug 214.505.40$4.9518.2%50.25171
$545.00Sep 1826.9029.40$28.158.9%40.5950
$540.00Aug 2121.6024.60$23.1013.0%30.71145
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Aug 210.501.25$0.8885.2%710.05136
$560.00Sep 1823.5025.00$24.256.2%370.5255
$550.00Sep 1818.6020.00$19.307.3%230.4545
$520.00Aug 211.953.10$2.5345.5%160.1481
$525.00Aug 211.804.20$3.0080.0%110.16182

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 25 strikes (avg 27.4%, max 109.5%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$640.00Aug 21Sep 1850.7%31.0%63.4%--123
$660.00Aug 21Sep 1844.4%32.0%38.5%172
$480.00Aug 21Sep 1842.6%32.7%30.3%116
$610.00Aug 21Sep 1835.6%29.6%20.3%1140
$510.00Aug 21Sep 1836.6%33.2%10.2%--52
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$455.00Aug 21Sep 1868.2%32.5%109.5%--60
$460.00Aug 21Sep 1866.0%35.8%84.2%3181
$505.00Aug 21Sep 1850.5%33.7%50.0%449
$450.00Aug 21Sep 1863.7%42.9%48.6%--1.2K
$475.00Aug 21Sep 1843.8%31.5%39.2%394

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 67 found (best R:R 40.67, avg 6.75)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$625.00$630.00Aug 21$0.15$4.85$0.1532.33$625.15
$600.00$605.00Aug 21$0.18$4.82$0.1826.78$600.18
$650.00$655.00Aug 21$0.22$4.78$0.2221.73$650.22
$640.00$660.00Sep 18$1.02$18.98$1.0218.61$641.02
$595.00$600.00Aug 21$0.27$4.73$0.2717.52$595.27
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$480.00$475.00Aug 21$0.12$4.88$0.1240.67$479.88
$460.00$455.00Aug 21$0.13$4.87$0.1337.46$459.87
$535.00$530.00Aug 21$0.17$4.83$0.1728.41$534.83
$490.00$485.00Aug 21$0.18$4.82$0.1826.78$489.82
$560.00$555.00Aug 21$0.40$4.60$0.4011.50$559.60

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 93 found (best R:R 27.57, avg 2.45)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$490.00$500.00Aug 21$9.65$9.65$0.3527.57$499.65
$470.00$480.00Aug 21$9.60$9.60$0.4024.00$479.60
$515.00$520.00Aug 21$4.65$4.65$0.3513.29$519.65
$510.00$515.00Aug 21$4.60$4.60$0.4011.50$514.60
$500.00$510.00Aug 21$8.90$8.90$1.108.09$508.90
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$505.00$500.00Aug 21$4.65$4.65$0.3513.29$500.35
$600.00$590.00Aug 21$9.10$9.10$0.9010.11$590.90
$600.00$590.00Sep 18$8.95$8.95$1.058.52$591.05
$585.00$580.00Aug 21$4.40$4.40$0.607.33$580.60
$605.00$600.00Sep 18$4.15$4.15$0.854.88$600.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 46 found (avg debit $5.87, cheapest $0.95)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$660.00Aug 21Sep 18$0.9544.4%32.0%
$480.00Aug 21Sep 18$1.2542.6%32.7%
$610.00Aug 21Sep 18$3.4035.6%29.6%
$500.00Aug 21Sep 18$3.8032.2%31.5%
$620.00Aug 21Sep 18$4.0532.8%31.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$450.00Aug 21Sep 18$1.1363.7%42.9%
$475.00Aug 21Sep 18$1.1743.8%31.5%
$470.00Aug 21Sep 18$1.3846.5%34.0%
$465.00Aug 21Sep 18$1.9052.8%39.0%
$480.00Aug 21Sep 18$1.9042.6%32.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 40 found (cheapest 4.58% of stock, avg 8.88%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$560.00Aug 21$12.30$13.15$25.45$534.55$585.454.58%
$545.00Aug 21$18.65$8.00$26.65$518.35$571.654.79%
$555.00Aug 21$14.15$12.75$26.90$528.10$581.904.84%
$550.00Aug 21$17.30$10.20$27.50$522.50$577.504.95%
$565.00Aug 21$10.10$18.40$28.50$536.50$593.505.13%
$540.00Aug 21$23.10$5.55$28.65$511.35$568.655.15%
$570.00Aug 21$7.65$22.45$30.10$539.90$600.105.41%
$535.00Aug 21$25.70$4.85$30.55$504.45$565.555.49%
$575.00Aug 21$6.10$25.75$31.85$543.15$606.855.73%
$580.00Aug 21$4.95$28.90$33.85$546.15$613.856.09%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 50 found (cheapest 1.76% of stock, avg 4.45%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$580.00$535.00Aug 21$4.95$4.85$9.80$525.20$589.80
$580.00$540.00Aug 21$4.95$5.55$10.50$529.50$590.50
$575.00$535.00Aug 21$6.10$4.85$10.95$524.05$585.95
$575.00$540.00Aug 21$6.10$5.55$11.65$528.35$586.65
$570.00$535.00Aug 21$7.65$4.85$12.50$522.50$582.50
$580.00$545.00Aug 21$4.95$8.00$12.95$532.05$592.95
$570.00$540.00Aug 21$7.65$5.55$13.20$526.80$583.20
$575.00$545.00Aug 21$6.10$8.00$14.10$530.90$589.10
$565.00$535.00Aug 21$10.10$4.85$14.95$520.05$579.95
$580.00$550.00Aug 21$4.95$10.20$15.15$534.85$595.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 92 found (best R:R 65.67, avg credit $5.25)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
460/465500/510Sep 18$9.85$0.1565.67$455.15$509.85
455/460490/500Aug 21$9.78$0.2244.45$450.22$499.78
475/480490/500Aug 21$9.77$0.2342.48$470.23$499.77
455/460470/480Aug 21$9.73$0.2736.04$450.27$479.73
475/480520/525Sep 18$4.85$0.1532.33$475.15$524.85
485/490515/520Aug 21$4.83$0.1728.41$485.17$519.83
455/460515/520Aug 21$4.78$0.2221.73$455.22$519.78
485/490510/515Aug 21$4.78$0.2221.73$485.22$514.78
475/480515/520Aug 21$4.77$0.2320.74$475.23$519.77
490/495500/510Sep 18$9.52$0.4819.83$485.48$509.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 55 found (best R:R 54.56, cheapest $0.09)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$595.00$600.00$605.00Aug 21$0.09$4.9154.56
$600.00$605.00$610.00Sep 18$0.15$4.8532.33
$580.00$585.00$590.00Sep 18$0.20$4.8024.00
$480.00$490.00$500.00Aug 21$0.55$9.4517.18
$655.00$660.00$665.00Aug 21$0.32$4.6814.62
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$545.00$550.00$555.00Sep 18$0.10$4.9049.00
$470.00$475.00$480.00Aug 21$0.14$4.8634.71
$540.00$545.00$550.00Sep 18$0.25$4.7519.00
$560.00$570.00$580.00Sep 18$0.60$9.4015.67
$570.00$580.00$590.00Sep 18$0.60$9.4015.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 54 found (best net $-0.66, 49 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$640.00$660.001:2Sep 18-$0.66$19.34
$620.00$635.001:2Sep 18-$7.17$7.83
$630.00$640.001:2Aug 21-$4.05$5.95
$650.00$655.001:2Aug 21-$0.06$4.94
$590.00$600.001:2Sep 18-$5.30$4.70
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$460.00$455.001:2Sep 18-$0.01$4.99
$490.00$485.001:2Aug 21-$0.27$4.73
$465.00$460.001:2Sep 18-$0.55$4.45
$455.00$450.001:2Aug 21-$0.60$4.40
$480.00$475.001:2Aug 21-$0.71$4.29

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 25 found (best yield 3.56%, avg 1.20%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$560.00Sep 18$19.800.480.7%3.56%4.28%--66
$570.00Sep 18$15.500.412.5%2.79%5.31%--81
$565.00Sep 18$14.900.441.6%2.68%4.30%199
$575.00Sep 18$13.100.383.4%2.36%5.77%--10
$560.00Aug 21$11.200.470.7%2.01%2.73%3178
$580.00Sep 18$11.100.344.3%2.00%6.31%3974
$585.00Sep 18$10.600.325.2%1.91%7.12%136
$565.00Aug 21$9.100.411.6%1.64%3.26%278
$590.00Sep 18$8.300.306.1%1.49%7.61%--94
$570.00Aug 21$7.300.352.5%1.31%3.83%2426

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 250
Total Puts 473
Put/Call Ratio 1.89
Net Difference -223

Prior's Put/Call Breakdown

Total Calls 305
Total Puts 127
Put/Call Ratio 0.42
Net Difference 178

Prior 7-Day Put/Call Summary

Total Calls 4,502
Total Puts 2,961
Average Put/Call Ratio 0.73
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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