Tour v528
NOC
NORTHROP GRUMMAN COR
$525.32 -1.03%
9/17 15:07

Option Volume

Detail
Current (09/17 3:05pm) 1,770
Calls: 482 (27%)
Puts: 1,288 (73%)
Prior (09/15) 1,122
Calls: 790 (70%)
Puts: 332 (30%)
Current vs Prior +57.75%
Calls: -38.99% (Calls)
Puts: +287.95% (Puts)
Prior 7-Day Total 7,672
Calls: 3,353 (44%)
Puts: 4,319 (56%)
Prior 7-Day Average 1,096
Calls: 479 (44%)
Puts: 617 (56%)
Current vs Prior 7-Day Avg +61.50%
Calls: +0.63%
Puts: +108.75%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/17 3:05pm) $12.22M
Calls: $424.0K (3%)
Puts: $11.80M (97%)
Prior (09/15) $1.15M
Calls: $793.5K (69%)
Puts: $358.2K (31%)
Current vs Prior +961.41%
Calls: -46.57%
Puts: +3194.60%
Prior 7-Day Total $16.13M
Calls: $3.85M (24%)
Puts: $12.28M (76%)
Prior 7-Day Average $2.30M
Calls: $549.9K (24%)
Puts: $1.75M (76%)
Current vs Prior 7-Day Avg +430.36%
Calls: -22.90%
Puts: +572.40%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/17 3:05pm) 2.67
Prior (09/15) 0.42
Current vs Prior +535.85%
Prior 7-Day Average 1.40
Current vs Prior 7-Day Avg +90.39%
Sentiment BEARISH

Open Interest

Detail
Current (09/17 3:05pm) 32,536
Calls: 15,570 (48%)
Puts: 16,966 (52%)
Prior (09/15) 31,924
Calls: 15,179 (48%)
Puts: 16,745 (52%)
Current vs Prior +1.92%
Prior 7-Day Total 202,837
Calls: 94,676 (47%)
Puts: 108,161 (53%)
Prior 7-Day Average 28,976
Calls: 13,525 (47%)
Puts: 15,451 (53%)
Current vs Prior 7-Day Avg +12.28%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/18) | Next (10/16)Expiry (09/18) | Next (10/16)
Current 1.95% | 7.18%1.95% | 7.18%
Prior 2.96% | 7.65%2.96% | 7.65%
Current vs Prior -34.32% | -6.23%-34.31% | -6.23%
Prior 7-Day Avg 4.25% | 7.84%4.25% | 7.84%
Current vs 7-Day Avg -54.16% | -8.51%-54.16% | -8.51%
Prior 7-Day Eod 2.96% | 7.65%2.23% | 7.33%
Current vs 7-Day Eod -34.32% | -6.23%-12.77% | -2.08%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 42.27% | 23.26%
Calls: 34.92% | 15.55%
Puts: 49.62% | 30.97%
Prior 40.12% | 18.33%
Calls: 35.63% | 17.11%
Puts: 44.60% | 19.55%
Current vs Prior +5.36% | +26.90%
Prior 7-Day Avg 26.41% | 17.45%
Calls: 28.02% | 18.53%
Puts: 24.79% | 16.37%
Current vs 7-Day Avg +60.05% | +33.32%
Liquidity Expensive
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🤖 AI Insights

Strong bearish conviction with 97% of dollar volume in puts ($11.80M) vs calls ($424.0K). Massive premium surge with dollar volume up 961% vs prior. Dollar volume significantly above 7-day average (430% higher). Above-average activity with volume up 58% vs prior.

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 BEARISH
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 2 of results (avg 6.5%, best 5.9%)

CALLS (0)
No calls meet the criteria
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Sep 1872.2076.60$74.405.9%11.00--
$580.00Sep 1852.2056.00$54.107.0%181.0012

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. 28 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Sep 1823.3028.90$26.1021.5%10.9826
$510.00Sep 1813.4018.10$15.7529.8%20.9524
$515.00Sep 189.0015.10$12.0550.6%20.8319
$520.00Sep 184.209.70$6.9579.1%30.76204
$500.00Oct 1632.4037.30$34.8514.1%40.746
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$580.00Sep 1852.2056.00$54.107.0%181.0012
$600.00Sep 1872.2076.60$74.405.9%11.00--
$550.00Sep 1821.3028.00$24.6527.2%860.9860
$545.00Sep 1816.6023.00$19.8032.3%40.9782
$540.00Sep 1812.4016.70$14.5529.6%140.97150

Most actively traded options today. High liquidity = easy entry/exit. 69 active (total vol 1.0K, top 173)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$535.00Sep 180.351.50$0.93123.7%620.18296
$525.00Sep 182.954.20$3.5834.9%350.55164
$580.00Sep 180.000.10$0.05200.0%330.01157
$520.00Oct 1620.2024.40$22.3018.8%240.57385
$540.00Sep 180.100.55$0.33136.4%190.08186
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$555.00Sep 1826.4031.10$28.7516.3%1730.95115
$520.00Sep 181.001.50$1.2540.0%1360.24137
$560.00Sep 1831.4036.10$33.7513.9%1170.9778
$550.00Sep 1821.3028.00$24.6527.2%860.9860
$515.00Oct 1610.1012.50$11.3021.2%320.38478

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 24.1%, max 50.2%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$515.00Sep 18Oct 1641.3%27.5%50.2%330
$520.00Sep 18Oct 1631.0%27.8%11.3%27589
$535.00Sep 18Oct 1634.3%30.9%10.9%65460
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$515.00Sep 18Oct 1641.3%27.5%50.2%47577
$520.00Sep 18Oct 1631.0%27.8%11.3%141219
$535.00Sep 18Oct 1634.3%30.9%10.9%672

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 50 found (best R:R 1.13, avg 8.05)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$505.00$510.00Oct 16$2.35$2.65$2.3571%1.13$507.35
$515.00$520.00Oct 16$2.10$2.90$2.1062%1.38$517.10
$580.00$590.00Oct 16$0.35$9.65$0.3513%27.57$580.35
$530.00$535.00Oct 16$1.80$3.20$1.8048%1.78$531.80
$530.00$535.00Sep 18$0.62$4.38$0.6231%7.06$530.62
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$540.00$535.00Oct 16$1.95$3.05$1.9561%1.56$538.05
$535.00$530.00Sep 18$3.10$1.90$3.1085%0.61$531.90
$520.00$515.00Sep 18$0.20$4.80$0.2024%24.00$519.80
$470.00$455.00Oct 16$0.37$14.63$0.378%39.54$469.63
$480.00$475.00Oct 16$0.10$4.90$0.1011%49.00$479.90

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 43 found (best R:R 4.88, avg 0.47)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$595.00$600.00Oct 16$4.15$4.15$0.8583%4.88$599.15
$615.00$620.00Sep 18$2.45$2.45$2.5591%0.96$617.45
$615.00$620.00Oct 16$1.57$1.57$3.4391%0.46$616.57
$575.00$580.00Oct 16$1.98$1.98$3.0282%0.66$576.98
$575.00$580.00Sep 18$1.20$1.20$3.8092%0.32$576.20
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$450.00$445.00Sep 18$3.50$3.50$1.5089%2.33$446.50
$490.00$485.00Oct 16$1.60$1.60$3.4082%0.47$488.40
$455.00$445.00Oct 16$0.85$0.85$9.1594%0.09$454.15
$515.00$510.00Sep 18$0.85$0.85$4.1583%0.20$514.15
$455.00$450.00Sep 18$1.00$1.00$4.0087%0.25$454.00

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 3 found (avg debit $14.41, cheapest $13.77)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$525.00Sep 18Oct 16$15.0726.8%28.2%
$530.00Sep 18Oct 16$14.4028.2%30.4%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$525.00Sep 18Oct 16$13.7726.8%28.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 25 found (cheapest 1.17% of stock, avg 5.41%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$525.00Sep 18$3.58$2.58$6.16$518.84$531.161.17%
$520.00Sep 18$6.95$1.25$8.20$511.80$528.201.56%
$530.00Sep 18$1.55$6.65$8.20$521.80$538.201.56%
$535.00Sep 18$0.93$9.75$10.68$524.32$545.682.03%
$515.00Sep 18$12.05$1.05$13.10$501.90$528.102.49%
$540.00Sep 18$0.33$14.55$14.88$525.12$554.882.83%
$510.00Sep 18$15.75$0.20$15.95$494.05$525.953.04%
$545.00Sep 18$0.33$19.80$20.13$524.87$565.133.83%
$550.00Sep 18$0.30$24.65$24.95$525.05$574.954.75%
$500.00Sep 18$26.10$0.08$26.18$473.82$526.184.98%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 50 found (cheapest 0.38% of stock, avg 2.75%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$535.00$515.00Sep 18$0.93$1.05$1.98$513.02$536.98
$535.00$520.00Sep 18$0.93$1.25$2.18$517.82$537.18
$575.00$515.00Sep 18$1.25$1.05$2.30$512.70$577.30
$530.00$520.00Sep 18$1.55$1.25$2.80$517.20$532.80
$530.00$515.00Sep 18$1.55$1.05$2.60$512.40$532.60
$575.00$520.00Sep 18$1.25$1.25$2.50$517.50$577.50
$615.00$515.00Sep 18$2.50$1.05$3.55$511.45$618.55
$615.00$520.00Sep 18$2.50$1.25$3.75$516.25$618.75
$610.00$515.00Sep 18$3.45$1.05$4.50$510.50$614.50
$535.00$525.00Sep 18$0.93$2.58$3.51$521.49$538.51

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 122 found (best R:R 15.67, avg credit $1.83)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
445/450575/580Sep 18$4.70$0.3081%15.67$445.30$579.70
445/450625/630Sep 18$4.02$0.9886%4.10$445.98$629.02
445/450610/615Sep 18$4.45$0.5577%8.09$445.55$614.45
445/450595/600Sep 18$3.83$1.1786%3.27$446.17$598.83
445/450565/570Sep 18$3.75$1.2582%3.00$446.25$568.75
445/450555/560Sep 18$3.67$1.3382%2.76$446.33$558.67
445/450535/540Sep 18$4.10$0.9071%4.56$445.90$539.10
450/455615/620Sep 18$3.45$1.5578%2.23$451.55$618.45
475/480615/620Sep 18$2.88$2.1286%1.36$477.12$617.88
485/490615/620Sep 18$2.88$2.1286%1.36$487.12$617.88

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 44 found (best R:R 2.73, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$520.00$525.00$530.00Sep 18$1.34$3.6645%2.73
$555.00$560.00$565.00Oct 16$0.20$4.807%24.00
$525.00$530.00$535.00Sep 18$1.41$3.5937%2.55
$595.00$600.00$605.00Sep 18$0.31$4.693%15.13
$545.00$550.00$555.00Sep 18$0.28$4.720%16.86
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$490.00$495.00$500.00Oct 16$0.15$4.858%32.33
$515.00$520.00$525.00Oct 16$0.25$4.7510%19.00
$525.00$530.00$535.00Oct 16$0.30$4.709%15.67
$555.00$560.00$565.00Sep 18$0.10$4.900%49.00
$535.00$540.00$545.00Sep 18$0.45$4.5513%10.11

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 61 found (best net $-8.55, 43 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$500.00$510.001:2Sep 18-$5.40$4.60
$520.00$525.001:2Sep 18-$0.21$4.79
$515.00$520.001:2Sep 18-$1.85$3.15
$530.00$535.001:2Sep 18-$0.31$4.69
$555.00$560.001:2Sep 18-$0.21$4.79
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$580.00$550.001:2Oct 16-$8.55$21.45
$535.00$530.001:2Sep 18-$3.55$1.45
$520.00$515.001:2Sep 18-$0.85$4.15
$510.00$505.001:2Sep 18-$0.20$4.80
$470.00$455.001:2Oct 16-$1.01$13.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 17 found (best yield 2.86%, avg 0.86%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$530.00Oct 16$15.000.480.9%2.86%3.75%9124
$540.00Oct 16$9.900.392.8%1.88%4.68%819
$535.00Oct 16$11.300.441.8%2.15%3.99%3164
$550.00Oct 16$7.300.314.7%1.39%6.09%157
$545.00Oct 16$8.000.353.8%1.52%5.27%--10
$555.00Oct 16$6.300.275.7%1.20%6.85%153
$560.00Oct 16$4.900.236.6%0.93%7.53%169
$595.00Oct 16$0.800.1713.3%0.15%13.42%--18
$565.00Oct 16$3.500.207.5%0.67%8.22%157
$570.00Oct 16$3.100.178.5%0.59%9.10%528

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 482
Total Puts 1,288
Put/Call Ratio 2.67
Net Difference -806

Prior's Put/Call Breakdown

Total Calls 790
Total Puts 332
Put/Call Ratio 0.42
Net Difference 458

Prior 7-Day Put/Call Summary

Total Calls 3,353
Total Puts 4,319
Average Put/Call Ratio 1.40
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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