Tour v526
NOC
NORTHROP GRUMMAN COR
$549.95 +1.37%
$550.84 (+0.16%)🌙
as of 08/26 06:04 PM
8/26 18:04

Option Volume

Detail
Current (08/26) 748
Calls: 320 (43%)
Puts: 428 (57%)
Prior (08/25) 847
Calls: 560 (66%)
Puts: 287 (34%)
Current vs Prior -11.69%
Calls: -42.86% (Calls)
Puts: +49.13% (Puts)
Prior 7-Day Total 10,995
Calls: 6,273 (57%)
Puts: 4,722 (43%)
Prior 7-Day Average 1,570
Calls: 896 (57%)
Puts: 674 (43%)
Current vs Prior 7-Day Avg -52.38%
Calls: -64.29%
Puts: -36.55%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/26) $1.32M
Calls: $296.4K (22%)
Puts: $1.03M (78%)
Prior (08/25) $788.7K
Calls: $495.5K (63%)
Puts: $293.2K (37%)
Current vs Prior +67.96%
Calls: -40.18%
Puts: +250.74%
Prior 7-Day Total $15.09M
Calls: $9.30M (62%)
Puts: $5.79M (38%)
Prior 7-Day Average $2.16M
Calls: $1.33M (62%)
Puts: $827.3K (38%)
Current vs Prior 7-Day Avg -38.53%
Calls: -77.68%
Puts: +24.30%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/26) 1.34
Prior (08/25) 0.51
Current vs Prior +160.98%
Prior 7-Day Average 0.84
Current vs Prior 7-Day Avg +59.37%
Sentiment BEARISH

Open Interest

Detail
Current (08/26) 26,553
Calls: 12,305 (46%)
Puts: 14,248 (54%)
Prior (08/25) 26,215
Calls: 12,118 (46%)
Puts: 14,097 (54%)
Current vs Prior +1.29%
Prior 7-Day Total 221,177
Calls: 104,408 (47%)
Puts: 116,769 (53%)
Prior 7-Day Average 31,596
Calls: 14,915 (47%)
Puts: 16,681 (53%)
Current vs Prior 7-Day Avg -15.96%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/18) | Next (10/16)
Current 5.62% | 8.46%
Prior 5.76% | 8.44%
Current vs Prior -2.46% | +0.16%
Prior 7-Day Avg 3.38% | 6.97%
Current vs 7-Day Avg +66.13% | +21.38%
Prior 7-Day Eod 5.76% | 8.44%
Current vs 7-Day Eod -2.46% | +0.16%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 24.02% | 10.02%
Calls: 16.22% | 10.53%
Puts: 31.83% | 9.52%
Prior 11.87% | 20.27%
Calls: 5.33% | 19.43%
Puts: 18.41% | 21.12%
Current vs Prior +102.36% | -50.57%
Prior 7-Day Avg 51.89% | 20.04%
Calls: 50.46% | 15.53%
Puts: 53.32% | 24.55%
Current vs 7-Day Avg -53.71% | -50.01%
Liquidity Expensive
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🤖 AI Insights

Strong bearish conviction with 78% of dollar volume in puts ($1.03M) vs calls ($296.4K). Elevated premium activity with dollar volume up 68% vs prior. Bearish P/C ratio of 1.34 indicates protective positioning. P/C ratio rising 161% - 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 3 of results (avg 8.5%, best 7.8%)

CALLS (0)
No calls meet the criteria
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Sep 1868.5074.10$71.307.9%--0.9446
$605.00Sep 1853.8058.60$56.208.5%--0.9378
$610.00Sep 1858.7064.30$61.509.1%--0.9127

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. 22 found (avg delta 0.77, highest 0.96)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$480.00Sep 1867.7075.00$71.3510.2%--0.9610
$500.00Sep 1849.2054.70$51.9510.6%--0.9216
$510.00Sep 1839.8044.80$42.3011.8%--0.8723
$520.00Sep 1831.2035.70$33.4513.5%--0.8091
$525.00Sep 1829.0032.70$30.8512.0%--0.77137
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Sep 1868.5074.10$71.307.9%--0.9446
$605.00Sep 1853.8058.60$56.208.5%--0.9378
$600.00Sep 1849.1054.80$51.9511.0%50.93127
$610.00Sep 1858.7064.30$61.509.1%--0.9127
$590.00Sep 1840.4045.60$43.0012.1%--0.8635

Most actively traded options today. High liquidity = easy entry/exit. 35 active (total vol 265, top 25)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$575.00Sep 184.508.80$6.6564.7%250.2885
$580.00Sep 183.104.90$4.0045.0%250.21156
$570.00Sep 185.306.70$6.0023.3%180.2895
$600.00Sep 180.002.00$1.00200.0%170.07535
$585.00Sep 182.354.20$3.2856.4%150.17207
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$565.00Sep 1819.0025.40$22.2028.8%150.6648
$495.00Sep 180.001.70$0.85200.0%140.05183
$550.00Sep 1812.3014.70$13.5017.8%130.5095
$540.00Sep 188.4012.10$10.2536.1%100.39161
$545.00Sep 187.2014.20$10.7065.4%90.4487

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. 29 found (best R:R 10.11, avg 5.73)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$520.00$525.00Sep 18$2.60$2.40$2.6080%0.92$522.60
$540.00$545.00Sep 18$1.70$3.30$1.7061%1.94$541.70
$550.00$555.00Sep 18$2.00$3.00$2.0050%1.50$552.00
$560.00$565.00Sep 18$1.50$3.50$1.5039%2.33$561.50
$580.00$585.00Sep 18$0.72$4.28$0.7221%5.94$580.72
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$545.00$540.00Sep 18$0.45$4.55$0.4544%10.11$544.55
$555.00$550.00Sep 18$2.05$2.95$2.0555%1.44$552.95
$535.00$530.00Sep 18$0.95$4.05$0.9532%4.26$534.05
$525.00$520.00Sep 18$0.85$4.15$0.8524%4.88$524.15
$530.00$525.00Sep 18$1.05$3.95$1.0528%3.76$528.95

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 24 found (best R:R 1.13, avg 0.35)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$575.00$580.00Sep 18$2.65$2.65$2.3572%1.13$577.65
$610.00$615.00Sep 18$0.75$0.75$4.2591%0.18$610.75
$595.00$600.00Sep 18$0.78$0.78$4.2289%0.18$595.78
$565.00$570.00Sep 18$1.85$1.85$3.1566%0.59$566.85
$640.00$650.00Sep 18$0.55$0.55$9.4595%0.06$640.55
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$540.00$535.00Sep 18$2.95$2.95$2.0561%1.44$537.05
$460.00$455.00Sep 18$1.22$1.22$3.7894%0.32$458.78
$520.00$515.00Sep 18$1.87$1.87$3.1380%0.60$518.13
$510.00$505.00Sep 18$1.13$1.13$3.8786%0.29$508.87
$500.00$495.00Sep 18$0.88$0.88$4.1291%0.21$499.12

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. 18 found (cheapest 4.92% of stock, avg 6.59%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$550.00Sep 18$13.55$13.50$27.05$522.95$577.054.92%
$555.00Sep 18$11.55$15.55$27.10$527.90$582.104.93%
$545.00Sep 18$17.40$10.70$28.10$516.90$573.105.11%
$560.00Sep 18$9.35$18.85$28.20$531.80$588.205.13%
$540.00Sep 18$19.10$10.25$29.35$510.65$569.355.34%
$535.00Sep 18$22.65$7.30$29.95$505.05$564.955.45%
$565.00Sep 18$7.85$22.20$30.05$534.95$595.055.46%
$570.00Sep 18$6.00$26.15$32.15$537.85$602.155.85%
$530.00Sep 18$26.70$6.35$33.05$496.95$563.056.01%
$525.00Sep 18$30.85$5.30$36.15$488.85$561.156.57%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 25 found (cheapest 2.05% of stock, avg 3.21%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$570.00$525.00Sep 18$6.00$5.30$11.30$513.70$581.30
$570.00$530.00Sep 18$6.00$6.35$12.35$517.65$582.35
$570.00$535.00Sep 18$6.00$7.30$13.30$521.70$583.30
$565.00$525.00Sep 18$7.85$5.30$13.15$511.85$578.15
$565.00$530.00Sep 18$7.85$6.35$14.20$515.80$579.20
$565.00$535.00Sep 18$7.85$7.30$15.15$519.85$580.15
$560.00$525.00Sep 18$9.35$5.30$14.65$510.35$574.65
$560.00$530.00Sep 18$9.35$6.35$15.70$514.30$575.70
$560.00$535.00Sep 18$9.35$7.30$16.65$518.35$576.65
$570.00$540.00Sep 18$6.00$10.25$16.25$523.75$586.25

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 70 found (best R:R 3.42, avg credit $2.05)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
455/460575/580Sep 18$3.87$1.1366%3.42$456.13$578.87
515/520575/580Sep 18$4.52$0.4852%9.42$515.48$579.52
505/510575/580Sep 18$3.78$1.2259%3.10$506.22$578.78
495/500575/580Sep 18$3.53$1.4763%2.40$496.47$578.53
450/455575/580Sep 18$2.88$2.1270%1.36$452.12$577.88
475/480575/580Sep 18$2.87$2.1368%1.35$477.13$577.87
490/495575/580Sep 18$2.93$2.0767%1.42$492.07$577.93
455/460610/615Sep 18$1.97$3.0386%0.65$458.03$611.97
515/520610/615Sep 18$2.62$2.3871%1.10$517.38$612.62
455/460595/600Sep 18$2.00$3.0083%0.67$458.00$597.00

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 31 found (best R:R 49.00, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$525.00$530.00$535.00Sep 18$0.10$4.909%49.00
$585.00$590.00$595.00Sep 18$0.26$4.747%18.23
$500.00$510.00$520.00Sep 18$0.80$9.2012%11.50
$530.00$535.00$540.00Sep 18$0.50$4.5011%9.00
$555.00$560.00$565.00Sep 18$0.70$4.3010%6.14
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$520.00$525.00$530.00Sep 18$0.20$4.808%24.00
$465.00$470.00$475.00Sep 18$0.08$4.922%61.50
$570.00$575.00$580.00Sep 18$0.30$4.708%15.67
$445.00$450.00$455.00Sep 18$0.18$4.821%26.78
$485.00$490.00$495.00Sep 18$0.24$4.762%19.83

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 32 found (best net $-0.10, 29 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$610.00$615.001:2Sep 18-$0.10$4.90
$595.00$600.001:2Sep 18-$0.22$4.78
$620.00$625.001:2Sep 18-$0.18$4.82
$575.00$580.001:2Sep 18-$1.35$3.65
$590.00$595.001:2Sep 18-$1.16$3.84
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$520.00$515.001:2Sep 18-$0.71$4.29
$455.00$450.001:2Sep 18-$0.02$4.98
$510.00$505.001:2Sep 18-$0.47$4.53
$495.00$490.001:2Sep 18-$0.29$4.71
$450.00$445.001:2Sep 18-$0.15$4.85

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 11 found (best yield 1.95%, avg 0.89%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$555.00Sep 18$10.700.450.9%1.95%2.86%1175
$550.00Sep 18$12.200.500.0%2.22%2.23%4117
$565.00Sep 18$7.100.342.7%1.29%4.03%9122
$575.00Sep 18$4.500.284.5%0.82%5.37%2585
$570.00Sep 18$5.300.283.6%0.96%4.61%1895
$560.00Sep 18$5.800.391.8%1.05%2.88%8100
$580.00Sep 18$3.100.215.5%0.56%6.03%25156
$585.00Sep 18$2.350.176.4%0.43%6.80%15207
$590.00Sep 18$1.800.147.3%0.33%7.61%3218
$595.00Sep 18$0.250.118.2%0.05%8.24%239

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 320
Total Puts 428
Put/Call Ratio 1.34
Net Difference -108

Prior's Put/Call Breakdown

Total Calls 560
Total Puts 287
Put/Call Ratio 0.51
Net Difference 273

Prior 7-Day Put/Call Summary

Total Calls 6,273
Total Puts 4,722
Average Put/Call Ratio 0.84
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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