Tour v528
NOC
NORTHROP GRUMMAN COR
$525.47 +0.28%
9/18 15:06

Option Volume

Detail
Current (09/18 3:05pm) 997
Calls: 410 (41%)
Puts: 587 (59%)
Prior (09/17) 1,770
Calls: 482 (27%)
Puts: 1,288 (73%)
Current vs Prior -43.67%
Calls: -14.94% (Calls)
Puts: -54.43% (Puts)
Prior 7-Day Total 8,311
Calls: 3,916 (47%)
Puts: 4,395 (53%)
Prior 7-Day Average 1,187
Calls: 559 (47%)
Puts: 627 (53%)
Current vs Prior 7-Day Avg -16.03%
Calls: -26.71%
Puts: -6.51%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/18 3:05pm) $1.05M
Calls: $461.9K (44%)
Puts: $585.6K (56%)
Prior (09/17) $12.22M
Calls: $424.0K (3%)
Puts: $11.80M (97%)
Current vs Prior -91.43%
Calls: +8.95%
Puts: -95.04%
Prior 7-Day Total $16.02M
Calls: $4.29M (27%)
Puts: $11.73M (73%)
Prior 7-Day Average $2.29M
Calls: $612.3K (27%)
Puts: $1.68M (73%)
Current vs Prior 7-Day Avg -54.23%
Calls: -24.56%
Puts: -65.06%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/18 3:05pm) 1.43
Prior (09/17) 2.67
Current vs Prior -46.42%
Prior 7-Day Average 1.30
Current vs Prior 7-Day Avg +9.92%
Sentiment BEARISH

Open Interest

Detail
Current (09/18 3:05pm) 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 207,100
Calls: 97,202 (47%)
Puts: 109,898 (53%)
Prior 7-Day Average 29,585
Calls: 13,886 (47%)
Puts: 15,699 (53%)
Current vs Prior 7-Day Avg +9.91%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/18) | Next (10/16)Expiry (09/18) | Next (10/16)
Current 1.26% | 6.40%1.26% | 6.40%
Prior 3.03% | 7.35%3.03% | 7.35%
Current vs Prior -58.35% | -12.91%-58.35% | -12.91%
Prior 7-Day Avg 3.99% | 7.73%3.99% | 7.73%
Current vs 7-Day Avg -68.35% | -17.19%-68.35% | -17.19%
Prior 7-Day Eod 3.03% | 7.35%2.19% | 7.09%
Current vs 7-Day Eod -58.35% | -12.91%-42.26% | -9.67%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 163.22% | 23.01%
Calls: 211.34% | 27.52%
Puts: 115.09% | 18.50%
Prior 33.96% | 18.31%
Calls: 41.71% | 11.48%
Puts: 26.21% | 25.14%
Current vs Prior +380.62% | +25.67%
Prior 7-Day Avg 29.64% | 17.29%
Calls: 32.22% | 18.00%
Puts: 27.06% | 16.59%
Current vs 7-Day Avg +450.65% | +33.06%
Liquidity Expensive
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🤖 AI Insights

Light premium activity with dollar volume down 91% vs prior. Below-average activity with volume down 44% vs prior. Bearish P/C ratio of 1.43 indicates protective positioning. P/C ratio dropping 46% - 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 7.9%, best 6.7%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$520.00Oct 1618.9020.70$19.809.1%160.57368
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$580.00Sep 1853.7057.40$55.556.7%--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. 25 found (avg delta 0.81, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$470.00Sep 1851.4057.90$54.6511.9%11.00--
$500.00Sep 1822.4027.40$24.9020.1%21.0027
$510.00Sep 1811.8017.50$14.6538.9%--1.0023
$515.00Sep 187.0012.20$9.6054.2%11.0020
$520.00Sep 182.106.60$4.35103.4%151.00202
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$580.00Sep 1853.7057.40$55.556.7%--0.9912
$570.00Sep 1843.1048.60$45.8512.0%10.993
$555.00Sep 1827.7033.40$30.5518.7%--0.9812
$540.00Sep 1812.0018.40$15.2042.1%770.97142
$550.00Sep 1821.7029.00$25.3528.8%30.9633

Most actively traded options today. High liquidity = easy entry/exit. 72 active (total vol 812, top 77)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$555.00Sep 180.000.15$0.08187.5%620.01197
$565.00Sep 180.000.05$0.03166.7%200.01108
$610.00Sep 180.006.90$3.45200.0%200.12125
$580.00Oct 161.452.60$2.0356.7%200.1142
$540.00Oct 169.7011.60$10.6517.8%170.3827
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$540.00Sep 1812.0018.40$15.2042.1%770.97142
$530.00Oct 1615.7018.90$17.3018.5%750.5344
$490.00Oct 163.404.00$3.7016.2%420.17142
$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. 9 strikes (avg 1077.2%, max 2620.0%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$560.00Sep 18Oct 16727.5%28.2%2481.0%11340
$545.00Sep 18Oct 16393.6%28.2%1294.5%1582
$530.00Sep 18Oct 16116.2%28.9%302.3%19336
$525.00Sep 18Oct 1677.6%25.5%204.6%5219
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$480.00Sep 18Oct 16766.5%28.2%2620.0%15114
$545.00Sep 18Oct 16393.6%28.2%1294.5%225
$505.00Sep 18Oct 16327.5%25.1%1206.7%140
$525.00Sep 18Oct 1677.6%25.5%204.6%7101
$520.00Sep 18Oct 1649.1%26.2%87.0%22332

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 42 found (best R:R 2.12, avg 5.96)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$515.00$520.00Oct 16$1.65$3.35$1.6562%2.03$516.65
$520.00$525.00Sep 18$3.17$1.83$3.17100%0.58$523.17
$535.00$540.00Oct 16$1.30$3.70$1.3042%2.85$536.30
$560.00$565.00Oct 16$0.45$4.55$0.4522%10.11$560.45
$525.00$530.00Oct 16$1.90$3.10$1.9051%1.63$526.90
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$530.00$525.00Sep 18$1.60$3.40$1.6086%2.12$528.40
$550.00$545.00Oct 16$1.90$3.10$1.9071%1.63$548.10
$505.00$500.00Oct 16$0.75$4.25$0.7528%5.67$504.25
$525.00$520.00Oct 16$2.00$3.00$2.0049%1.50$523.00
$490.00$485.00Oct 16$0.55$4.45$0.5517%8.09$489.45

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 39 found (best R:R 8.09, avg 0.80)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$615.00$620.00Oct 16$4.45$4.45$0.5586%8.09$619.45
$615.00$620.00Sep 18$2.45$2.45$2.5591%0.96$617.45
$575.00$580.00Sep 18$2.42$2.42$2.5888%0.94$577.42
$545.00$550.00Sep 18$2.00$2.00$3.0082%0.67$547.00
$605.00$610.00Oct 16$1.70$1.70$3.3090%0.52$606.70
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$480.00$475.00Sep 18$3.80$3.80$1.2084%3.17$476.20
$445.00$440.00Oct 16$3.57$3.57$1.4390%2.50$441.43
$450.00$445.00Sep 18$3.50$3.50$1.5089%2.33$446.50
$470.00$455.00Oct 16$2.93$2.93$12.0787%0.24$467.07
$505.00$500.00Sep 18$1.87$1.87$3.1382%0.60$503.13

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $15.17, cheapest $15.17)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$525.00Sep 18Oct 16$15.1777.6%25.5%
PUTS (0)
No puts found

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 23 found (cheapest 0.89% of stock, avg 5.07%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$520.00Sep 18$4.35$0.35$4.70$515.30$524.700.89%
$525.00Sep 18$1.18$3.85$5.03$519.97$530.030.96%
$530.00Sep 18$0.53$5.45$5.98$524.02$535.981.14%
$515.00Sep 18$9.60$0.53$10.13$504.87$525.131.93%
$535.00Sep 18$0.43$9.85$10.28$524.72$545.281.96%
$510.00Sep 18$14.65$0.53$15.18$494.82$525.182.89%
$540.00Sep 18$0.10$15.20$15.30$524.70$555.302.91%
$545.00Sep 18$2.20$20.70$22.90$522.10$567.904.36%
$500.00Sep 18$24.90$0.03$24.93$475.07$524.934.74%
$550.00Sep 18$0.20$25.35$25.55$524.45$575.554.86%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 50 found (cheapest 0.17% of stock, avg 2.50%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$530.00$520.00Sep 18$0.53$0.35$0.88$519.12$530.88
$530.00$515.00Sep 18$0.53$0.53$1.06$513.94$531.06
$525.00$520.00Sep 18$1.18$0.35$1.53$518.47$526.53
$530.00$505.00Sep 18$0.53$1.90$2.43$502.57$532.43
$525.00$515.00Sep 18$1.18$0.53$1.71$513.29$526.71
$545.00$520.00Sep 18$2.20$0.35$2.55$517.45$547.55
$545.00$515.00Sep 18$2.20$0.53$2.73$512.27$547.73
$545.00$505.00Sep 18$2.20$1.90$4.10$500.90$549.10
$530.00$480.00Sep 18$0.53$3.85$4.38$475.62$534.38
$525.00$505.00Sep 18$1.18$1.90$3.08$501.92$528.08

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 95 found (best R:R 19.00, avg credit $2.54)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
475/480610/615Sep 18$4.75$0.2573%19.00$475.25$614.75
445/450610/615Sep 18$4.45$0.5577%8.09$445.55$614.45
440/445565/570Oct 16$4.77$0.2370%20.74$440.23$569.77
475/480595/600Sep 18$4.08$0.9282%4.43$475.92$599.08
445/450595/600Sep 18$3.78$1.2286%3.10$446.22$598.78
500/505615/620Sep 18$4.32$0.6873%6.35$500.68$619.32
440/445590/595Oct 16$4.02$0.9879%4.10$440.98$594.02
475/480550/555Sep 18$3.92$1.0881%3.63$476.08$553.92
440/445555/560Oct 16$4.67$0.3365%14.15$440.33$559.67
445/450550/555Sep 18$3.62$1.3885%2.62$446.38$553.62

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 39 found (best R:R 0.98, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$520.00$525.00$530.00Sep 18$2.52$2.4884%0.98
$525.00$530.00$535.00Sep 18$0.55$4.4537%8.09
$550.00$555.00$560.00Oct 16$0.10$4.907%49.00
$545.00$550.00$555.00Oct 16$0.20$4.808%24.00
$580.00$585.00$590.00Sep 18$0.17$4.831%28.41
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$510.00$515.00$520.00Oct 16$0.05$4.9510%99.00
$535.00$540.00$545.00Sep 18$0.15$4.858%32.33
$545.00$550.00$555.00Sep 18$0.55$4.4516%8.09
$520.00$525.00$530.00Oct 16$0.50$4.5010%9.00
$485.00$490.00$495.00Oct 16$0.45$4.556%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. 64 found (best net $-4.40, 41 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$500.00$510.001:2Sep 18-$4.40$5.60
$510.00$515.001:2Sep 18-$4.55$0.45
$570.00$575.001:2Oct 16-$0.26$4.74
$530.00$535.001:2Sep 18-$0.33$4.67
$600.00$605.001:2Sep 18-$0.01$4.99
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$535.00$530.001:2Sep 18-$1.05$3.95
$530.00$525.001:2Sep 18-$2.25$2.75
$540.00$535.001:2Sep 18-$4.50$0.50
$520.00$515.001:2Sep 18-$0.71$4.29
$515.00$510.001:2Sep 18-$0.53$4.47

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 12 found (best yield 1.85%, avg 0.94%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$540.00Oct 16$9.700.382.8%1.85%4.61%1727
$530.00Oct 16$12.800.470.9%2.44%3.30%7127
$535.00Oct 16$10.200.421.8%1.94%3.75%12167
$550.00Oct 16$5.800.294.7%1.10%5.77%1662
$545.00Oct 16$6.200.333.7%1.18%4.90%110
$555.00Oct 16$4.900.255.6%0.93%6.55%554
$560.00Oct 16$3.600.216.6%0.69%7.26%768
$570.00Oct 16$2.400.158.5%0.46%8.93%729
$565.00Oct 16$1.400.197.5%0.27%7.79%157
$580.00Oct 16$1.450.1110.4%0.28%10.65%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 410
Total Puts 587
Put/Call Ratio 1.43
Net Difference -177

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 3,916
Total Puts 4,395
Average Put/Call Ratio 1.30
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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