Tour v342
NOC
NORTHROP GRUMMAN COR
$521.34 -0.74%
7/16 15:09

Option Volume

Detail
Current (07/16 3:05pm) 1,151
Calls: 616 (54%)
Puts: 535 (46%)
Prior (07/15) 677
Calls: 129 (19%)
Puts: 548 (81%)
Current vs Prior +70.01%
Calls: +377.52% (Calls)
Puts: -2.37% (Puts)
Prior 7-Day Total 6,673
Calls: 3,288 (49%)
Puts: 3,385 (51%)
Prior 7-Day Average 953
Calls: 469 (49%)
Puts: 483 (51%)
Current vs Prior 7-Day Avg +20.74%
Calls: +31.14%
Puts: +10.64%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/16 3:05pm) $1.22M
Calls: $413.7K (34%)
Puts: $805.2K (66%)
Prior (07/15) $1.23M
Calls: $366.7K (30%)
Puts: $867.1K (70%)
Current vs Prior -1.20%
Calls: +12.81%
Puts: -7.13%
Prior 7-Day Total $18.05M
Calls: $12.02M (67%)
Puts: $6.03M (33%)
Prior 7-Day Average $2.58M
Calls: $1.72M (67%)
Puts: $861.2K (33%)
Current vs Prior 7-Day Avg -52.72%
Calls: -75.91%
Puts: -6.50%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/16 3:05pm) 0.87
Prior (07/15) 4.25
Current vs Prior -79.56%
Prior 7-Day Average 1.49
Current vs Prior 7-Day Avg -41.71%
Sentiment NEUTRAL

Open Interest

Detail
Current (07/16 3:05pm) 25,008
Calls: 12,594 (50%)
Puts: 12,414 (50%)
Prior (07/15) 24,815
Calls: 12,558 (51%)
Puts: 12,257 (49%)
Current vs Prior +0.78%
Prior 7-Day Total 164,102
Calls: 83,780 (51%)
Puts: 80,322 (49%)
Prior 7-Day Average 23,443
Calls: 11,968 (51%)
Puts: 11,474 (49%)
Current vs Prior 7-Day Avg +6.68%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (08/21)Expiry (07/17) | Next (08/21)
Current 2.06% | 9.02%2.06% | 9.02%
Prior 2.89% | 8.99%2.89% | 8.99%
Current vs Prior -28.57% | +0.30%-28.57% | +0.30%
Prior 7-Day Avg 4.23% | 9.78%3.79% | 9.58%
Current vs 7-Day Avg -51.27% | -7.80%-45.57% | -5.93%
Prior 7-Day Eod 2.89% | 8.99%2.37% | 9.33%
Current vs 7-Day Eod -28.57% | +0.30%-13.01% | -3.37%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 74.42% | 14.09%
Calls: 44.29% | 13.49%
Puts: 104.55% | 14.68%
Prior 82.10% | 22.54%
Calls: 62.35% | 19.46%
Puts: 101.85% | 25.62%
Current vs Prior -9.35% | -37.49%
Prior 7-Day Avg 42.00% | 15.32%
Calls: 34.28% | 15.07%
Puts: 49.72% | 15.58%
Current vs 7-Day Avg +77.20% | -8.05%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bearish flow with 66% put dollar volume ($805.2K). Above-average activity with volume up 70% vs prior. P/C ratio dropping 80% - sentiment shifting bullish.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BULLISH
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 7.6%, best 5.0%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$510.00Aug 2128.8030.90$29.857.0%--0.6210
$450.00Aug 2173.9081.00$77.459.2%--0.9424
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$585.00Aug 2163.7067.00$65.355.0%--0.87154
$600.00Aug 2176.4081.80$79.106.8%--0.87114
$580.00Aug 2159.1063.50$61.307.2%--0.8361
$590.00Aug 2168.0073.10$70.557.2%--0.8320
$575.00Aug 2154.3059.30$56.808.8%--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. 36 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$475.00Jul 1743.9049.30$46.6011.6%--1.0020
$495.00Jul 1724.6032.00$28.3026.1%20.962
$450.00Aug 2173.9081.00$77.459.2%--0.9424
$505.00Jul 1715.2022.00$18.6036.6%--0.8831
$470.00Aug 2155.7063.00$59.3512.3%--0.8744
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$545.00Jul 1719.0024.90$21.9526.9%--1.0021
$555.00Jul 1731.0035.30$33.1513.0%--1.0020
$560.00Jul 1735.9041.20$38.5513.7%11.0014
$550.00Jul 1725.6029.60$27.6014.5%21.0038
$540.00Jul 1714.5020.80$17.6535.7%--0.9834

Most actively traded options today. High liquidity = easy entry/exit. 53 active (total vol 595, top 180)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$590.00Jul 170.000.45$0.23195.7%1800.0262
$570.00Aug 216.408.10$7.2523.4%660.2359
$550.00Aug 2111.0013.30$12.1518.9%540.35127
$565.00Jul 170.000.35$0.18194.4%250.0264
$550.00Jul 170.100.65$0.38144.7%230.05163
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$525.00Jul 172.306.90$4.60100.0%210.6171
$495.00Jul 170.000.50$0.25200.0%90.0436
$510.00Jul 170.052.00$1.02191.2%90.15117
$520.00Jul 171.955.20$3.5890.8%80.4269
$550.00Aug 2134.9039.10$37.0011.4%80.67153

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 175.4%, max 526.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$605.00Jul 17Aug 21201.0%34.7%479.8%441
$610.00Jul 17Aug 21187.5%36.5%413.4%266
$585.00Jul 17Aug 21166.6%32.5%412.3%--194
$575.00Jul 17Aug 21148.2%34.6%328.5%--175
$620.00Jul 17Aug 21176.8%41.7%324.3%173
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$450.00Jul 17Aug 21211.8%33.8%526.7%--58
$445.00Jul 17Aug 21223.7%36.5%512.4%430
$465.00Jul 17Aug 21176.0%33.0%433.7%--142
$460.00Jul 17Aug 21187.9%36.4%416.6%758
$470.00Jul 17Aug 21164.0%32.4%405.4%--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 49.00, avg 5.28)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$555.00$560.00Jul 17$0.10$4.90$0.1049.00$555.10
$550.00$555.00Jul 17$0.15$4.85$0.1532.33$550.15
$540.00$545.00Jul 17$0.20$4.80$0.2024.00$540.20
$610.00$620.00Jul 17$0.75$9.25$0.7512.33$610.75
$560.00$565.00Aug 21$0.40$4.60$0.4011.50$560.40
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$445.00$440.00Aug 21$0.22$4.78$0.2221.73$444.78
$430.00$425.00Aug 21$0.28$4.72$0.2816.86$429.72
$470.00$465.00Aug 21$0.55$4.45$0.558.09$469.45
$475.00$470.00Aug 21$0.63$4.37$0.636.94$474.37
$460.00$455.00Aug 21$0.82$4.18$0.825.10$459.18

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 70 found (best R:R 10.76, avg 1.83)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$475.00$495.00Jul 17$18.30$18.30$1.7010.76$493.30
$505.00$510.00Jul 17$4.55$4.55$0.4510.11$509.55
$450.00$470.00Aug 21$18.10$18.10$1.909.53$468.10
$500.00$505.00Jul 17$4.40$4.40$0.607.33$504.40
$510.00$515.00Jul 17$4.20$4.20$0.805.25$514.20
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$580.00$575.00Aug 21$4.50$4.50$0.509.00$575.50
$545.00$540.00Jul 17$4.30$4.30$0.706.14$540.70
$600.00$590.00Aug 21$8.55$8.55$1.455.90$591.45
$540.00$535.00Jul 17$4.05$4.05$0.954.26$535.95
$585.00$580.00Aug 21$4.05$4.05$0.954.26$580.95

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 42 found (avg debit $9.55, cheapest $0.28)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$605.00Jul 17Aug 21$0.28201.0%34.7%
$610.00Jul 17Aug 21$1.30187.5%36.5%
$585.00Jul 17Aug 21$1.65166.6%32.5%
$620.00Jul 17Aug 21$2.75176.8%41.7%
$575.00Jul 17Aug 21$4.10148.2%34.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$465.00Jul 17Aug 21$0.75176.0%33.0%
$460.00Jul 17Aug 21$1.15187.9%36.4%
$470.00Jul 17Aug 21$1.30164.0%32.4%
$480.00Jul 17Aug 21$3.95139.9%34.3%
$475.00Jul 17Aug 21$4.3067.9%31.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 36 found (cheapest 1.46% of stock, avg 8.08%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$525.00Jul 17$3.00$4.60$7.60$517.40$532.601.46%
$520.00Jul 17$6.15$3.58$9.73$510.27$529.731.87%
$530.00Jul 17$4.43$8.05$12.48$517.52$542.482.39%
$515.00Jul 17$9.85$4.50$14.35$500.65$529.352.75%
$510.00Jul 17$14.05$1.02$15.07$494.93$525.072.89%
$535.00Jul 17$2.93$13.60$16.53$518.47$551.533.17%
$540.00Jul 17$0.50$17.65$18.15$521.85$558.153.48%
$505.00Jul 17$18.60$0.93$19.53$485.47$524.533.75%
$545.00Jul 17$0.30$21.95$22.25$522.75$567.254.27%
$500.00Jul 17$23.00$2.10$25.10$474.90$525.104.81%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 50 found (cheapest 0.66% of stock, avg 3.76%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$570.00$510.00Jul 17$2.40$1.02$3.42$506.58$573.42
$575.00$510.00Jul 17$2.40$1.02$3.42$506.58$578.42
$535.00$510.00Jul 17$2.93$1.02$3.95$506.05$538.95
$525.00$510.00Jul 17$3.00$1.02$4.02$505.98$529.02
$570.00$500.00Jul 17$2.40$2.10$4.50$495.50$574.50
$575.00$500.00Jul 17$2.40$2.10$4.50$495.50$579.50
$570.00$485.00Jul 17$2.40$2.40$4.80$480.20$574.80
$575.00$485.00Jul 17$2.40$2.40$4.80$480.20$579.80
$535.00$500.00Jul 17$2.93$2.10$5.03$494.97$540.03
$525.00$500.00Jul 17$3.00$2.10$5.10$494.90$530.10

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 96 found (best R:R 24.00, avg credit $4.83)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
475/480535/540Jul 17$4.80$0.2024.00$475.20$539.80
475/480515/520Aug 21$4.72$0.2816.86$475.28$519.72
425/430450/470Aug 21$18.38$1.6211.35$411.62$468.38
440/445450/470Aug 21$18.32$1.6810.90$426.68$468.32
475/480530/535Aug 21$4.57$0.4310.63$475.43$534.57
475/480520/525Aug 21$4.47$0.538.43$475.53$524.47
475/480525/530Aug 21$4.37$0.636.94$475.63$529.37
495/500515/520Aug 21$4.35$0.656.69$495.65$519.35
495/500535/540Jul 17$4.28$0.725.94$495.72$539.28
495/500530/535Aug 21$4.20$0.805.25$495.80$534.20

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
$520.00$525.00$530.00Aug 21$0.10$4.9049.00
$555.00$560.00$565.00Jul 17$0.15$4.8532.33
$540.00$545.00$550.00Aug 21$0.20$4.8024.00
$515.00$520.00$525.00Aug 21$0.25$4.7519.00
$540.00$545.00$550.00Jul 17$0.28$4.7216.86
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$495.00$500.00$505.00Aug 21$0.05$4.9599.00
$515.00$520.00$525.00Aug 21$0.05$4.9599.00
$465.00$470.00$475.00Aug 21$0.08$4.9261.50
$520.00$525.00$530.00Aug 21$0.10$4.9049.00
$525.00$530.00$535.00Aug 21$0.10$4.9049.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 55 found (best net $-12.35, 48 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$470.00$500.001:2Aug 21-$12.35$17.65
$475.00$495.001:2Jul 17-$10.00$10.00
$610.00$620.001:2Jul 17$0.00$10.00
$590.00$600.001:2Jul 17-$0.27$9.73
$610.00$620.001:2Aug 21-$4.20$5.80
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$440.00$430.001:2Aug 21-$1.56$8.44
$460.00$450.001:2Jul 17-$2.40$7.60
$490.00$480.001:2Aug 21-$4.35$5.65
$455.00$450.001:2Aug 21-$0.77$4.23
$510.00$505.001:2Jul 17-$0.84$4.16

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 22 found (best yield 3.93%, avg 1.29%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$525.00Aug 21$20.500.520.7%3.93%4.63%--18
$530.00Aug 21$18.100.481.7%3.47%5.13%28
$535.00Aug 21$16.400.452.6%3.15%5.77%--153
$540.00Aug 21$13.900.413.6%2.67%6.25%1123
$545.00Aug 21$12.800.384.5%2.46%6.99%218
$550.00Aug 21$11.000.355.5%2.11%7.61%54127
$555.00Aug 21$9.300.326.5%1.78%8.24%2153
$560.00Aug 21$7.300.287.4%1.40%8.82%231
$565.00Aug 21$7.300.268.4%1.40%9.77%1014
$570.00Aug 21$6.400.239.3%1.23%10.56%6659

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 616
Total Puts 535
Put/Call Ratio 0.87
Net Difference 81

Prior's Put/Call Breakdown

Total Calls 129
Total Puts 548
Put/Call Ratio 4.25
Net Difference -419

Prior 7-Day Put/Call Summary

Total Calls 3,288
Total Puts 3,385
Average Put/Call Ratio 1.49
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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