Tour v372
NOC
NORTHROP GRUMMAN COR
$507.03 -3.23%
7/21 10:00

Option Volume

Detail
Current (07/21 10:00am) 1,704
Calls: 368 (22%)
Puts: 1,336 (78%)
Prior --
Calls: 150 (35%)
Puts: 277 (65%)
Current vs Prior +0.00%
Calls: +145.33% (Calls)
Puts: +382.31% (Puts)
Prior 7-Day Total 6,024
Calls: 2,791 (46%)
Puts: 3,233 (54%)
Prior 7-Day Average 860
Calls: 398 (46%)
Puts: 461 (54%)
Current vs Prior 7-Day Avg +98.01%
Calls: -7.70%
Puts: +189.27%
Sentiment BEARISH

Dollar Volume

Detail
Current (07/21 10:00am) $1.80M
Calls: $793.3K (44%)
Puts: $1.01M (56%)
Prior --
Calls: $333.7K (49%)
Puts: $348.4K (51%)
Current vs Prior +0.00%
Calls: +137.72%
Puts: +189.29%
Prior 7-Day Total $8.08M
Calls: $3.47M (43%)
Puts: $4.61M (57%)
Prior 7-Day Average $1.15M
Calls: $496.1K (43%)
Puts: $658.4K (57%)
Current vs Prior 7-Day Avg +56.01%
Calls: +59.91%
Puts: +53.08%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/21 10:00am) 3.63
Prior 1.00
Current vs Prior +263.04%
Prior 7-Day Average 1.86
Current vs Prior 7-Day Avg +95.07%
Sentiment BEARISH

Open Interest

Detail
Current (07/21 10:00am) 23,685
Calls: 11,542 (49%)
Puts: 12,143 (51%)
Prior --
Calls: -- (--)
Puts: -- (--)
Current vs Prior +0.00%
Prior 7-Day Total 170,257
Calls: 85,951 (50%)
Puts: 84,306 (50%)
Prior 7-Day Average 24,322
Calls: 12,278 (50%)
Puts: 12,043 (50%)
Current vs Prior 7-Day Avg -2.62%
Sentiment BULLISH

Expected Move

Detail
Expiry (08/21) | Next (09/18)
Current 8.00% | 10.51%
Prior 8.50% | 11.20%
Current vs Prior -5.91% | -6.17%
Prior 7-Day Avg 3.45% | 9.54%
Current vs 7-Day Avg +132.09% | +10.14%
Prior 7-Day Eod 8.50% | 11.20%
Current vs 7-Day Eod -5.91% | -6.17%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 25.38% | 22.53%
Calls: 24.24% | 23.08%
Puts: 26.51% | 21.98%
Prior 19.80% | 20.78%
Calls: 19.84% | 20.47%
Puts: 19.75% | 21.09%
Current vs Prior +28.18% | +8.42%
Prior 7-Day Avg 67.89% | 18.95%
Calls: 40.77% | 19.35%
Puts: 83.36% | 18.56%
Current vs 7-Day Avg -62.61% | +18.87%
Liquidity Expensive
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🤖 AI Insights

Dollar volume significantly above 7-day average (56% higher). Volume explosion - 98% above 7-day average (1,704 vs avg 860). Extreme bearish P/C ratio of 3.63 - heavy put buying. P/C ratio rising 263% - 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 BEARISH
7-Day Avg BEARISH
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
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
10:00BEARISHBEARISHBEARISH
09:55BULLISHBULLISHBULLISH
09:50BULLISHBULLISHBULLISH
09:45BULLISHBULLISHBULLISH
09:40BEARISHNEUTRALMIXED
09:35BEARISHNEUTRALBEARISH

📈 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 9 of results (avg 8.0%, best 7.0%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Aug 2158.9063.50$61.207.5%--0.8925
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$600.00Aug 2190.4097.00$93.707.0%--0.93114
$590.00Aug 2181.0087.20$84.107.4%110.9320
$575.00Aug 2167.0072.20$69.607.5%--0.9029
$585.00Aug 2176.8082.80$79.807.5%--0.90154
$595.00Aug 2185.4092.10$88.757.5%30.947

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. 27 found (avg delta 0.75, highest 0.94)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Aug 2158.9063.50$61.207.5%--0.8925
$470.00Aug 2141.9047.40$44.6512.3%80.7844
$480.00Aug 2133.0039.40$36.2017.7%90.724
$485.00Aug 2129.7035.00$32.3516.4%130.691
$490.00Aug 2126.8031.50$29.1516.1%60.658
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$595.00Aug 2185.4092.10$88.757.5%30.947
$600.00Aug 2190.4097.00$93.707.0%--0.93114
$590.00Aug 2181.0087.20$84.107.4%110.9320
$580.00Aug 2170.6078.00$74.3010.0%--0.9261
$575.00Aug 2167.0072.20$69.607.5%--0.9029

Most actively traded options today. High liquidity = easy entry/exit. 50 active (total vol 1.4K, top 1.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$550.00Aug 213.608.70$6.1582.9%260.22187
$565.00Aug 212.105.80$3.9593.7%190.1569
$525.00Aug 219.1015.00$12.0549.0%180.3743
$580.00Aug 210.752.55$1.65109.1%180.08137
$510.00Aug 2114.8021.00$17.9034.6%140.4810
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$450.00Aug 212.254.20$3.2360.4%1.0K0.1243
$470.00Aug 215.008.90$6.9556.1%330.22160
$490.00Aug 219.8014.90$12.3541.3%170.3567
$465.00Aug 214.006.80$5.4051.9%150.1932
$480.00Aug 216.9012.00$9.4554.0%150.28126

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. 38 found (best R:R 37.46, avg 5.45)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$555.00$560.00Aug 21$0.13$4.87$0.1337.46$555.13
$570.00$575.00Aug 21$0.35$4.65$0.3513.29$570.35
$575.00$580.00Aug 21$0.50$4.50$0.509.00$575.50
$535.00$540.00Aug 21$0.55$4.45$0.558.09$535.55
$550.00$555.00Aug 21$0.82$4.18$0.825.10$550.82
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$420.00$410.00Aug 21$0.31$9.69$0.3131.26$419.69
$440.00$435.00Aug 21$0.32$4.68$0.3214.62$439.68
$450.00$440.00Aug 21$0.98$9.02$0.989.20$449.02
$425.00$420.00Aug 21$0.52$4.48$0.528.62$424.48
$460.00$455.00Aug 21$0.55$4.45$0.558.09$459.45

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 53 found (best R:R 32.33, avg 2.34)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$470.00$480.00Aug 21$8.45$8.45$1.555.45$478.45
$450.00$470.00Aug 21$16.55$16.55$3.454.80$466.55
$480.00$485.00Aug 21$3.85$3.85$1.153.35$483.85
$490.00$495.00Aug 21$3.60$3.60$1.402.57$493.60
$500.00$505.00Aug 21$3.50$3.50$1.502.33$503.50
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$565.00$560.00Aug 21$4.85$4.85$0.1532.33$560.15
$580.00$575.00Aug 21$4.70$4.70$0.3015.67$575.30
$595.00$590.00Aug 21$4.65$4.65$0.3513.29$590.35
$590.00$585.00Aug 21$4.30$4.30$0.706.14$585.70
$570.00$565.00Aug 21$4.00$4.00$1.004.00$566.00

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. 27 found (cheapest 7.40% of stock, avg 11.01%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$505.00Aug 21$19.80$17.70$37.50$467.50$542.507.40%
$510.00Aug 21$17.90$20.75$38.65$471.35$548.657.62%
$500.00Aug 21$23.30$15.55$38.85$461.15$538.857.66%
$515.00Aug 21$15.50$23.55$39.05$475.95$554.057.70%
$495.00Aug 21$25.55$13.65$39.20$455.80$534.207.73%
$520.00Aug 21$13.70$26.45$40.15$479.85$560.157.92%
$490.00Aug 21$29.15$12.35$41.50$448.50$531.508.18%
$525.00Aug 21$12.05$29.75$41.80$483.20$566.808.24%
$530.00Aug 21$9.45$33.10$42.55$487.45$572.558.39%
$485.00Aug 21$32.35$10.55$42.90$442.10$527.908.46%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 25 found (cheapest 3.94% of stock, avg 5.46%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$530.00$485.00Aug 21$9.45$10.55$20.00$465.00$550.00
$530.00$490.00Aug 21$9.45$12.35$21.80$468.20$551.80
$525.00$485.00Aug 21$12.05$10.55$22.60$462.40$547.60
$530.00$495.00Aug 21$9.45$13.65$23.10$471.90$553.10
$520.00$485.00Aug 21$13.70$10.55$24.25$460.75$544.25
$525.00$490.00Aug 21$12.05$12.35$24.40$465.60$549.40
$530.00$500.00Aug 21$9.45$15.55$25.00$475.00$555.00
$525.00$495.00Aug 21$12.05$13.65$25.70$469.30$550.70
$515.00$485.00Aug 21$15.50$10.55$26.05$458.95$541.05
$520.00$490.00Aug 21$13.70$12.35$26.05$463.95$546.05

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 88 found (best R:R 19.00, avg credit $4.62)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
465/470485/490Aug 21$4.75$0.2519.00$465.25$489.75
440/450470/480Aug 21$9.43$0.5716.54$440.57$479.43
460/465480/485Aug 21$4.70$0.3015.67$460.30$484.70
470/475490/495Aug 21$4.70$0.3015.67$470.30$494.70
460/465470/480Aug 21$9.30$0.7013.29$455.70$479.30
450/455480/485Aug 21$4.62$0.3812.16$450.38$484.62
450/455470/480Aug 21$9.22$0.7811.82$445.78$479.22
430/435470/480Aug 21$9.20$0.8011.50$425.80$479.20
430/435480/485Aug 21$4.60$0.4011.50$430.40$484.60
470/475500/505Aug 21$4.60$0.4011.50$470.40$504.60

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 32 found (best R:R 49.00, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$515.00$520.00$525.00Aug 21$0.15$4.8532.33
$590.00$595.00$600.00Aug 21$0.22$4.7821.73
$510.00$515.00$520.00Aug 21$0.60$4.407.33
$480.00$485.00$490.00Aug 21$0.65$4.356.69
$550.00$555.00$560.00Aug 21$0.69$4.316.25
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$510.00$515.00$520.00Aug 21$0.10$4.9049.00
$495.00$500.00$505.00Aug 21$0.25$4.7519.00
$455.00$460.00$465.00Aug 21$0.30$4.7015.67
$470.00$475.00$480.00Aug 21$0.30$4.7015.67
$590.00$595.00$600.00Aug 21$0.30$4.7015.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 21 found (best net $-0.26, 21 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$585.00$590.001:2Aug 21-$0.25$4.75
$565.00$570.001:2Aug 21-$1.05$3.95
$575.00$580.001:2Aug 21-$1.15$3.85
$590.00$595.001:2Aug 21-$1.20$3.80
$595.00$600.001:2Aug 21-$1.54$3.46
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$420.00$410.001:2Aug 21-$0.26$9.74
$450.00$440.001:2Aug 21-$1.27$8.73
$425.00$420.001:2Aug 21-$0.36$4.64
$435.00$430.001:2Aug 21-$0.43$4.57
$440.00$435.001:2Aug 21-$1.61$3.39

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 19 found (best yield 2.92%, avg 0.90%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$510.00Aug 21$14.800.480.6%2.92%3.50%1410
$515.00Aug 21$12.000.441.6%2.37%3.94%111
$520.00Aug 21$10.400.412.6%2.05%4.61%1163
$525.00Aug 21$9.100.373.5%1.79%5.34%1843
$530.00Aug 21$7.900.324.5%1.56%6.09%1246
$535.00Aug 21$5.600.285.5%1.10%6.62%6167
$540.00Aug 21$4.900.266.5%0.97%7.47%8141
$545.00Aug 21$3.900.237.5%0.77%8.26%540
$550.00Aug 21$3.600.228.5%0.71%9.18%26187
$560.00Aug 21$3.400.1810.4%0.67%11.12%158

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 368
Total Puts 1,336
Put/Call Ratio 3.63
Net Difference -968

Prior's Put/Call Breakdown

Total Calls 150
Total Puts 277
Put/Call Ratio 1.00
Net Difference -127

Prior 7-Day Put/Call Summary

Total Calls 2,791
Total Puts 3,233
Average Put/Call Ratio 1.86
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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