Tour v302
NOC
NORTHROP GRUMMAN COR
$542.60 -1.17%
7/8 15:06

Option Volume

Detail
Current (07/08 3:05pm) 1,260
Calls: 533 (42%)
Puts: 727 (58%)
Prior (07/07) 678
Calls: 336 (50%)
Puts: 342 (50%)
Current vs Prior +85.84%
Calls: +58.63% (Calls)
Puts: +112.57% (Puts)
Prior 7-Day Total 7,821
Calls: 4,253 (54%)
Puts: 3,568 (46%)
Prior 7-Day Average 1,117
Calls: 607 (54%)
Puts: 509 (46%)
Current vs Prior 7-Day Avg +12.77%
Calls: -12.27%
Puts: +42.63%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/08 3:05pm) $2.23M
Calls: $747.6K (34%)
Puts: $1.48M (66%)
Prior (07/07) $2.29M
Calls: $1.88M (82%)
Puts: $409.5K (18%)
Current vs Prior -2.48%
Calls: -60.16%
Puts: +261.86%
Prior 7-Day Total $25.00M
Calls: $15.79M (63%)
Puts: $9.21M (37%)
Prior 7-Day Average $3.57M
Calls: $2.26M (63%)
Puts: $1.32M (37%)
Current vs Prior 7-Day Avg -37.58%
Calls: -66.86%
Puts: +12.62%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/08 3:05pm) 1.36
Prior (07/07) 1.02
Current vs Prior +34.00%
Prior 7-Day Average 0.87
Current vs Prior 7-Day Avg +57.53%
Sentiment BEARISH

Open Interest

Detail
Current (07/08 3:05pm) 23,221
Calls: 11,813 (51%)
Puts: 11,408 (49%)
Prior (07/07) 23,082
Calls: 11,821 (51%)
Puts: 11,261 (49%)
Current vs Prior +0.60%
Prior 7-Day Total 150,054
Calls: 76,416 (51%)
Puts: 73,638 (49%)
Prior 7-Day Average 21,436
Calls: 10,916 (51%)
Puts: 10,519 (49%)
Current vs Prior 7-Day Avg +8.33%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 4.06% | 9.62%4.06% | 9.62%
Prior 5.27% | 10.17%5.27% | 10.17%
Current vs Prior -22.83% | -5.43%-22.83% | -5.43%
Prior 7-Day Avg 5.83% | 10.43%4.95% | 10.06%
Current vs 7-Day Avg -30.34% | -7.74%-17.91% | -4.33%
Prior 7-Day Eod 5.27% | 10.17%-- | --
Current vs 7-Day Eod -22.83% | -5.43%-- | --
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 24.48% | 17.12%
Calls: 17.09% | 19.24%
Puts: 31.88% | 15.01%
Prior 37.89% | 7.03%
Calls: 26.96% | 7.26%
Puts: 48.82% | 6.79%
Current vs Prior -35.39% | +143.53%
Prior 7-Day Avg 24.09% | 14.90%
Calls: 23.71% | 13.50%
Puts: 24.47% | 16.29%
Current vs 7-Day Avg +1.62% | +14.92%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bearish flow with 66% put dollar volume ($1.48M). Above-average activity with volume up 86% vs prior. Bearish P/C ratio of 1.36 indicates protective positioning. P/C ratio rising 34% - 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 NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior NEUTRAL
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 8.8%, best 8.2%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$470.00Aug 2175.7082.20$78.958.2%--0.9044
$450.00Aug 2193.00101.10$97.058.3%--0.9224
$475.00Jul 1765.2072.00$68.609.9%--0.9720
PUTS (0)
No puts meet the criteria

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. 33 found (avg delta 0.71, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$475.00Jul 1765.2072.00$68.609.9%--0.9720
$505.00Jul 1737.5042.70$40.1013.0%10.9431
$500.00Jul 1742.2048.50$45.3513.9%--0.9379
$510.00Jul 1732.0038.10$35.0517.4%--0.9226
$450.00Aug 2193.00101.10$97.058.3%--0.9224
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Aug 2158.4065.80$62.1011.9%--0.78114
$560.00Jul 1719.0023.20$21.1019.9%--0.7616
$590.00Aug 2150.1056.90$53.5012.7%--0.7420
$585.00Aug 2146.5052.80$49.6512.7%--0.71155
$580.00Aug 2143.3048.60$45.9511.5%--0.6961

Most actively traded options today. High liquidity = easy entry/exit. 36 active (total vol 437, top 119)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$650.00Aug 211.252.45$1.8564.9%1190.07127
$575.00Aug 2110.1016.40$13.2547.5%740.3451
$530.00Jul 1716.1019.30$17.7018.1%710.7114
$645.00Jul 170.051.00$0.53179.2%200.033
$540.00Jul 1710.7012.70$11.7017.1%130.57116
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$525.00Jul 172.506.60$4.5590.1%140.2562
$500.00Jul 170.551.35$0.9584.2%110.07121
$510.00Jul 170.151.70$0.93166.7%100.08119
$505.00Jul 170.001.30$0.65200.0%90.0633
$530.00Jul 173.606.50$5.0557.4%60.2941

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 24 strikes (avg 30.1%, max 153.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$650.00Jul 17Aug 2157.5%33.6%71.4%119231
$620.00Jul 17Aug 2154.5%33.5%62.6%172
$645.00Jul 17Aug 2155.9%36.8%52.0%2020
$610.00Jul 17Aug 2138.1%30.6%24.8%--61
$605.00Jul 17Aug 2135.9%32.0%12.2%142
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$460.00Jul 17Aug 2177.8%30.8%153.0%157
$450.00Jul 17Aug 2185.6%40.9%109.4%--57
$465.00Jul 17Aug 2173.9%36.9%100.6%--142
$470.00Jul 17Aug 2141.7%34.5%20.8%462
$490.00Jul 17Aug 2135.6%30.5%16.7%361

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 59 found (best R:R 49.00, avg 5.91)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$600.00$605.00Jul 17$0.15$4.85$0.1532.33$600.15
$620.00$645.00Jul 17$0.85$24.15$0.8528.41$620.85
$595.00$600.00Aug 21$0.20$4.80$0.2024.00$595.20
$590.00$600.00Jul 17$0.77$9.23$0.7711.99$590.77
$550.00$555.00Jul 17$0.40$4.60$0.4011.50$550.40
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$520.00$515.00Jul 17$0.10$4.90$0.1049.00$519.90
$490.00$480.00Aug 21$0.35$9.65$0.3527.57$489.65
$510.00$505.00Jul 17$0.28$4.72$0.2816.86$509.72
$475.00$470.00Jul 17$0.38$4.62$0.3812.16$474.62
$505.00$500.00Aug 21$0.40$4.60$0.4011.50$504.60

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 76 found (best R:R 13.29, avg 1.56)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$475.00$500.00Jul 17$23.25$23.25$1.7513.29$498.25
$510.00$515.00Jul 17$4.55$4.55$0.4510.11$514.55
$450.00$470.00Aug 21$18.10$18.10$1.909.53$468.10
$555.00$560.00Jul 17$4.33$4.33$0.676.46$559.33
$470.00$500.00Aug 21$25.05$25.05$4.955.06$495.05
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$600.00$590.00Aug 21$8.60$8.60$1.406.14$591.40
$560.00$555.00Jul 17$4.20$4.20$0.805.25$555.80
$575.00$570.00Aug 21$4.10$4.10$0.904.56$570.90
$590.00$585.00Aug 21$3.85$3.85$1.153.35$586.15
$555.00$550.00Jul 17$3.70$3.70$1.302.85$551.30

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 41 found (avg debit $9.63, cheapest $0.63)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$650.00Jul 17Aug 21$1.3557.5%33.6%
$645.00Jul 17Aug 21$2.6055.9%36.8%
$620.00Jul 17Aug 21$2.9254.5%33.5%
$610.00Jul 17Aug 21$3.8738.1%30.6%
$605.00Jul 17Aug 21$5.2235.9%32.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$450.00Jul 17Aug 21$0.6385.6%40.9%
$465.00Jul 17Aug 21$1.1073.9%36.9%
$470.00Jul 17Aug 21$3.2041.7%34.5%
$480.00Jul 17Aug 21$4.2039.3%33.7%
$490.00Jul 17Aug 21$4.4535.6%30.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 33 found (cheapest 3.72% of stock, avg 8.71%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$545.00Jul 17$9.85$10.35$20.20$524.80$565.203.72%
$540.00Jul 17$11.70$9.00$20.70$519.30$560.703.81%
$550.00Jul 17$7.95$13.20$21.15$528.85$571.153.90%
$535.00Jul 17$15.50$6.00$21.50$513.50$556.503.96%
$530.00Jul 17$17.70$5.05$22.75$507.25$552.754.19%
$560.00Jul 17$3.22$21.10$24.32$535.68$584.324.48%
$555.00Jul 17$7.55$16.90$24.45$530.55$579.454.51%
$525.00Jul 17$22.60$4.55$27.15$497.85$552.155.00%
$520.00Jul 17$25.50$2.58$28.08$491.92$548.085.18%
$515.00Jul 17$30.50$2.48$32.98$482.02$547.986.08%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 50 found (cheapest 1.07% of stock, avg 4.67%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$560.00$520.00Jul 17$3.22$2.58$5.80$514.20$565.80
$565.00$520.00Jul 17$3.63$2.58$6.21$513.79$571.21
$560.00$525.00Jul 17$3.22$4.55$7.77$517.23$567.77
$565.00$525.00Jul 17$3.63$4.55$8.18$516.82$573.18
$560.00$530.00Jul 17$3.22$5.05$8.27$521.73$568.27
$565.00$530.00Jul 17$3.63$5.05$8.68$521.32$573.68
$560.00$535.00Jul 17$3.22$6.00$9.22$525.78$569.22
$565.00$535.00Jul 17$3.63$6.00$9.63$525.37$574.63
$555.00$520.00Jul 17$7.55$2.58$10.13$509.87$565.13
$550.00$520.00Jul 17$7.95$2.58$10.53$509.47$560.53

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 91 found (best R:R 22.26, avg credit $4.93)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
460/465500/510Aug 21$9.57$0.4322.26$455.43$509.57
460/465550/555Aug 21$4.72$0.2816.86$460.28$554.72
510/515540/545Aug 21$4.65$0.3513.29$510.35$544.65
510/515520/525Aug 21$4.60$0.4011.50$510.40$524.60
460/465510/520Aug 21$9.17$0.8311.05$455.83$519.17
480/485535/540Jul 17$4.57$0.4310.63$480.43$539.57
495/500525/535Aug 21$9.07$0.939.75$490.93$534.07
460/465470/500Aug 21$27.17$2.839.60$437.83$497.17
510/515520/525Jul 17$4.45$0.558.09$510.55$524.45
460/465540/545Aug 21$4.42$0.587.62$460.58$544.42

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 47 found (best R:R 32.33, cheapest $0.15)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$600.00$605.00$610.00Jul 17$0.15$4.8532.33
$500.00$505.00$510.00Jul 17$0.20$4.8024.00
$500.00$510.00$520.00Aug 21$0.40$9.6024.00
$565.00$570.00$575.00Aug 21$0.20$4.8024.00
$575.00$580.00$585.00Aug 21$0.40$4.6011.50
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$580.00$585.00$590.00Aug 21$0.15$4.8532.33
$450.00$455.00$460.00Aug 21$0.25$4.7519.00
$540.00$545.00$550.00Aug 21$0.30$4.7015.67
$500.00$505.00$510.00Aug 21$0.35$4.6513.29
$545.00$550.00$555.00Aug 21$0.35$4.6513.29

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 50 found (best net $-0.77, 41 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$610.00$620.001:2Jul 17-$2.38$7.62
$630.00$640.001:2Aug 21-$2.97$7.03
$610.00$620.001:2Aug 21-$4.35$5.65
$580.00$585.001:2Jul 17-$0.01$4.99
$600.00$605.001:2Jul 17-$0.23$4.77
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$450.00$440.001:2Aug 21-$0.77$9.23
$480.00$470.001:2Aug 21-$2.25$7.75
$460.00$450.001:2Jul 17-$2.40$7.60
$490.00$480.001:2Aug 21-$4.10$5.90
$495.00$490.001:2Jul 17-$0.30$4.70

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 24 found (best yield 4.04%, avg 1.41%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$545.00Aug 21$21.900.510.4%4.04%4.48%218
$550.00Aug 21$21.500.481.4%3.96%5.33%1109
$555.00Aug 21$19.400.452.3%3.58%5.86%--153
$560.00Aug 21$15.400.423.2%2.84%6.04%1121
$565.00Aug 21$14.700.394.1%2.71%6.84%--16
$570.00Aug 21$13.000.365.0%2.40%7.45%--52
$580.00Aug 21$10.800.316.9%1.99%8.88%--35
$575.00Aug 21$10.100.346.0%1.86%7.83%7451
$545.00Jul 17$7.900.490.4%1.46%1.90%894
$585.00Aug 21$7.800.297.8%1.44%9.25%--31

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 533
Total Puts 727
Put/Call Ratio 1.36
Net Difference -194

Prior's Put/Call Breakdown

Total Calls 336
Total Puts 342
Put/Call Ratio 1.02
Net Difference -6

Prior 7-Day Put/Call Summary

Total Calls 4,253
Total Puts 3,568
Average Put/Call Ratio 0.87
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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