Tour v344
NOC
NORTHROP GRUMMAN COR
$518.65 -1.25%
7/16 18:03

Option Volume

Detail
Current (07/16) 1,374
Calls: 712 (52%)
Puts: 662 (48%)
Prior (07/15) 809
Calls: 152 (19%)
Puts: 657 (81%)
Current vs Prior +69.84%
Calls: +368.42% (Calls)
Puts: +0.76% (Puts)
Prior 7-Day Total 5,705
Calls: 2,116 (37%)
Puts: 3,589 (63%)
Prior 7-Day Average 815
Calls: 302 (37%)
Puts: 512 (63%)
Current vs Prior 7-Day Avg +68.59%
Calls: +135.54%
Puts: +29.12%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/16) $1.73M
Calls: $535.1K (31%)
Puts: $1.19M (69%)
Prior (07/15) $1.40M
Calls: $372.0K (27%)
Puts: $1.02M (73%)
Current vs Prior +23.77%
Calls: +43.86%
Puts: +16.47%
Prior 7-Day Total $10.20M
Calls: $4.80M (47%)
Puts: $5.40M (53%)
Prior 7-Day Average $1.46M
Calls: $685.7K (47%)
Puts: $772.1K (53%)
Current vs Prior 7-Day Avg +18.53%
Calls: -21.96%
Puts: +54.49%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/16) 0.93
Prior (07/15) 4.32
Current vs Prior -78.49%
Prior 7-Day Average 2.08
Current vs Prior 7-Day Avg -55.19%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/16) 25,008
Calls: 12,594 (50%)
Puts: 12,414 (50%)
Prior (07/15) 3,894
Calls: 1,984 (51%)
Puts: 1,910 (49%)
Current vs Prior +542.22%
Prior 7-Day Total 146,969
Calls: 75,023 (51%)
Puts: 71,946 (49%)
Prior 7-Day Average 20,995
Calls: 10,717 (51%)
Puts: 10,278 (49%)
Current vs Prior 7-Day Avg +19.11%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 2.21% | 8.89%2.21% | 8.89%
Prior 2.37% | 9.33%2.37% | 9.33%
Current vs Prior -6.87% | -4.73%-6.86% | -4.73%
Prior 7-Day Avg 3.50% | 9.52%3.50% | 9.52%
Current vs 7-Day Avg -36.83% | -6.62%-36.83% | -6.62%
Prior 7-Day Eod 2.37% | 9.33%2.37% | 9.33%
Current vs 7-Day Eod -6.87% | -4.73%-6.86% | -4.73%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 74.42% | 14.09%
Calls: 44.29% | 13.49%
Puts: 104.55% | 14.68%
Prior 82.34% | 15.48%
Calls: 30.46% | 16.07%
Puts: 134.23% | 14.90%
Current vs Prior -9.62% | -8.98%
Prior 7-Day Avg 48.19% | 17.48%
Calls: 34.75% | 18.03%
Puts: 61.63% | 16.93%
Current vs 7-Day Avg +54.44% | -19.39%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bearish flow with 69% put dollar volume ($1.19M). Above-average activity with volume up 70% vs prior. P/C ratio dropping 78% - sentiment shifting bullish. Rising open interest (up 542%) indicates new positions being established.

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 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

📈 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 8 of results (avg 8.8%, best 7.7%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$510.00Aug 2126.3028.90$27.609.4%--0.6010
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$580.00Aug 2162.2067.20$64.707.7%--0.8461
$600.00Aug 2179.0085.40$82.207.8%--0.89114
$590.00Aug 2170.0076.10$73.058.4%--0.8620
$585.00Aug 2166.0072.00$69.008.7%--0.84154
$575.00Aug 2157.3062.60$59.958.8%--0.8129

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. 37 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$475.00Jul 1740.5046.30$43.4013.4%--1.0020
$495.00Jul 1721.1028.00$24.5528.1%20.962
$450.00Aug 2170.4077.90$74.1510.1%--0.9124
$505.00Jul 1712.5017.80$15.1535.0%--0.8731
$470.00Aug 2152.3059.00$55.6512.0%--0.8344
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$540.00Jul 1719.5024.20$21.8521.5%41.0034
$545.00Jul 1724.6029.60$27.1018.5%--1.0021
$550.00Jul 1728.9034.60$31.7518.0%21.0038
$555.00Jul 1733.3039.60$36.4517.3%211.0020
$560.00Jul 1738.4044.70$41.5515.2%221.0014

Most actively traded options today. High liquidity = easy entry/exit. 61 active (total vol 794, top 180)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$590.00Jul 170.000.45$0.23195.7%1800.0262
$570.00Aug 214.5010.10$7.3076.7%670.2359
$550.00Aug 217.8016.00$11.9068.9%550.33127
$550.00Jul 170.050.65$0.35171.4%340.05163
$565.00Jul 170.001.00$0.50200.0%320.0564
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$480.00Aug 213.009.70$6.35105.5%230.2069
$560.00Jul 1738.4044.70$41.5515.2%221.0014
$525.00Jul 174.3010.80$7.5586.1%210.7371
$555.00Jul 1733.3039.60$36.4517.3%211.0020
$475.00Aug 212.7510.00$6.38113.6%200.1912

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 44 strikes (avg 190.8%, max 554.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$610.00Jul 17Aug 21204.2%35.9%468.7%266
$585.00Jul 17Aug 21182.6%37.0%393.6%--194
$580.00Jul 17Aug 21163.7%34.5%374.7%44220
$575.00Jul 17Aug 21163.2%35.3%361.8%--175
$605.00Jul 17Aug 21160.0%35.9%345.9%1041
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$445.00Jul 17Aug 21232.8%35.6%554.9%430
$465.00Jul 17Aug 21181.7%31.0%486.9%--142
$450.00Jul 17Aug 21220.1%37.8%481.6%258
$460.00Jul 17Aug 21194.5%35.2%452.0%758
$470.00Jul 17Aug 21168.9%36.7%359.9%--65

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 51 found (best R:R 99.00, avg 6.27)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$590.00$600.00Jul 17$0.10$9.90$0.1099.00$590.10
$545.00$550.00Jul 17$0.22$4.78$0.2221.73$545.22
$560.00$565.00Aug 21$0.30$4.70$0.3015.67$560.30
$565.00$570.00Aug 21$0.35$4.65$0.3513.29$565.35
$610.00$620.00Jul 17$0.75$9.25$0.7512.33$610.75
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$430.00$425.00Aug 21$0.18$4.82$0.1826.78$429.82
$510.00$505.00Jul 17$0.25$4.75$0.2519.00$509.75
$475.00$470.00Aug 21$0.55$4.45$0.558.09$474.45
$460.00$455.00Aug 21$0.82$4.18$0.825.10$459.18
$450.00$445.00Aug 21$1.11$3.89$1.113.50$448.89

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 71 found (best R:R 19.00, avg 2.93)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$475.00$495.00Jul 17$18.85$18.85$1.1516.39$493.85
$450.00$470.00Aug 21$18.50$18.50$1.5012.33$468.50
$505.00$510.00Jul 17$4.25$4.25$0.755.67$509.25
$500.00$505.00Jul 17$4.10$4.10$0.904.56$504.10
$510.00$515.00Jul 17$3.85$3.85$1.153.35$513.85
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$540.00$535.00Jul 17$4.75$4.75$0.2519.00$535.25
$580.00$575.00Aug 21$4.75$4.75$0.2519.00$575.25
$555.00$550.00Jul 17$4.70$4.70$0.3015.67$550.30
$530.00$525.00Jul 17$4.65$4.65$0.3513.29$525.35
$550.00$545.00Jul 17$4.65$4.65$0.3513.29$545.35

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 43 found (avg debit $9.36, cheapest $0.48)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$610.00Jul 17Aug 21$0.80204.2%35.9%
$605.00Jul 17Aug 21$2.15160.0%35.9%
$620.00Jul 17Aug 21$2.85192.3%43.2%
$585.00Jul 17Aug 21$2.90182.6%37.0%
$580.00Jul 17Aug 21$3.03163.7%34.5%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$465.00Jul 17Aug 21$0.48181.7%31.0%
$450.00Jul 17Aug 21$0.63220.1%37.8%
$460.00Jul 17Aug 21$1.15194.5%35.2%
$470.00Jul 17Aug 21$3.43168.9%36.7%
$480.00Jul 17Aug 21$3.95143.0%33.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 36 found (cheapest 1.72% of stock, avg 8.35%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$520.00Jul 17$4.50$4.40$8.90$511.10$528.901.72%
$525.00Jul 17$2.10$7.55$9.65$515.35$534.651.86%
$515.00Jul 17$7.05$4.35$11.40$503.60$526.402.20%
$510.00Jul 17$10.90$1.18$12.08$497.92$522.082.33%
$530.00Jul 17$3.83$12.20$16.03$513.97$546.033.09%
$505.00Jul 17$15.15$0.93$16.08$488.92$521.083.10%
$535.00Jul 17$3.03$17.10$20.13$514.87$555.133.88%
$500.00Jul 17$19.25$2.20$21.45$478.55$521.454.14%
$540.00Jul 17$0.50$21.85$22.35$517.65$562.354.31%
$495.00Jul 17$24.55$0.25$24.80$470.20$519.804.78%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 50 found (cheapest 0.58% of stock, avg 3.77%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$525.00$505.00Jul 17$2.10$0.93$3.03$501.97$528.03
$525.00$510.00Jul 17$2.10$1.18$3.28$506.72$528.28
$570.00$505.00Jul 17$2.40$0.93$3.33$501.67$573.33
$575.00$505.00Jul 17$2.40$0.93$3.33$501.67$578.33
$570.00$510.00Jul 17$2.40$1.18$3.58$506.42$573.58
$575.00$510.00Jul 17$2.40$1.18$3.58$506.42$578.58
$535.00$505.00Jul 17$3.03$0.93$3.96$501.04$538.96
$535.00$510.00Jul 17$3.03$1.18$4.21$505.79$539.21
$525.00$500.00Jul 17$2.10$2.20$4.30$495.70$529.30
$525.00$485.00Jul 17$2.10$2.40$4.50$480.50$529.50

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 94 found (best R:R 65.67, avg credit $4.95)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
465/470500/510Aug 21$9.85$0.1565.67$460.15$509.85
495/500520/525Aug 21$4.90$0.1049.00$495.10$524.90
525/530545/550Jul 17$4.87$0.1337.46$525.13$549.87
480/490500/510Aug 21$9.70$0.3032.33$480.30$509.70
495/500540/545Aug 21$4.85$0.1532.33$495.15$544.85
495/500530/535Aug 21$4.80$0.2024.00$495.20$534.80
475/480520/525Jul 17$4.77$0.2320.74$475.23$524.77
465/470525/530Aug 21$4.70$0.3015.67$465.30$529.70
425/430450/470Aug 21$18.68$1.3214.15$411.32$468.68
495/500535/540Aug 21$4.60$0.4011.50$495.40$539.60

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 48 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$555.00$560.00$565.00Jul 17$0.07$4.9370.43
$585.00$590.00$595.00Aug 21$0.13$4.8737.46
$515.00$520.00$525.00Jul 17$0.15$4.8532.33
$530.00$535.00$540.00Aug 21$0.20$4.8024.00
$545.00$550.00$555.00Jul 17$0.30$4.7015.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$545.00$550.00$555.00Jul 17$0.05$4.9599.00
$550.00$555.00$560.00Aug 21$0.10$4.9049.00
$565.00$570.00$575.00Aug 21$0.10$4.9049.00
$520.00$525.00$530.00Aug 21$0.15$4.8532.33
$525.00$530.00$535.00Jul 17$0.25$4.7519.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 52 found (best net $-13.35, 44 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$470.00$500.001:2Aug 21-$13.35$16.65
$475.00$495.001:2Jul 17-$5.70$14.30
$610.00$620.001:2Jul 17$0.00$10.00
$590.00$600.001:2Jul 17-$0.03$9.97
$610.00$620.001:2Aug 21-$4.90$5.10
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$460.00$450.001:2Jul 17-$2.40$7.60
$490.00$480.001:2Aug 21-$3.55$6.45
$510.00$505.001:2Jul 17-$0.68$4.32
$450.00$445.001:2Aug 21-$0.81$4.19
$495.00$490.001:2Jul 17-$1.05$3.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 20 found (best yield 4.07%, avg 1.24%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$520.00Aug 21$21.100.530.3%4.07%4.33%--60
$525.00Aug 21$17.500.491.2%3.37%4.60%--18
$530.00Aug 21$16.000.462.2%3.08%5.27%28
$535.00Aug 21$13.400.433.1%2.58%5.74%1153
$540.00Aug 21$11.200.404.1%2.16%6.28%8123
$545.00Aug 21$9.400.365.1%1.81%6.89%218
$550.00Aug 21$7.800.336.0%1.50%7.55%55127
$555.00Aug 21$7.100.297.0%1.37%8.38%2153
$560.00Aug 21$5.200.268.0%1.00%8.98%231
$570.00Aug 21$4.500.239.9%0.87%10.77%6759

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 712
Total Puts 662
Put/Call Ratio 0.93
Net Difference 50

Prior's Put/Call Breakdown

Total Calls 152
Total Puts 657
Put/Call Ratio 4.32
Net Difference -505

Prior 7-Day Put/Call Summary

Total Calls 2,116
Total Puts 3,589
Average Put/Call Ratio 2.08
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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