Tour v526
NOC
NORTHROP GRUMMAN COR
$550.31 +1.44%
8/26 15:06

Option Volume

Detail
Current (08/26 3:05pm) 687
Calls: 299 (44%)
Puts: 388 (56%)
Prior (08/25) 801
Calls: 531 (66%)
Puts: 270 (34%)
Current vs Prior -14.23%
Calls: -43.69% (Calls)
Puts: +43.70% (Puts)
Prior 7-Day Total 10,059
Calls: 6,141 (61%)
Puts: 3,918 (39%)
Prior 7-Day Average 1,437
Calls: 877 (61%)
Puts: 559 (39%)
Current vs Prior 7-Day Avg -52.19%
Calls: -65.92%
Puts: -30.68%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/26 3:05pm) $1.22M
Calls: $265.0K (22%)
Puts: $953.6K (78%)
Prior (08/25) $756.4K
Calls: $472.0K (62%)
Puts: $284.4K (38%)
Current vs Prior +61.11%
Calls: -43.86%
Puts: +235.33%
Prior 7-Day Total $13.89M
Calls: $9.32M (67%)
Puts: $4.57M (33%)
Prior 7-Day Average $1.98M
Calls: $1.33M (67%)
Puts: $653.1K (33%)
Current vs Prior 7-Day Avg -38.60%
Calls: -80.10%
Puts: +46.00%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/26 3:05pm) 1.30
Prior (08/25) 0.51
Current vs Prior +155.21%
Prior 7-Day Average 0.69
Current vs Prior 7-Day Avg +86.94%
Sentiment BEARISH

Open Interest

Detail
Current (08/26 3:05pm) 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 220,319
Calls: 103,841 (47%)
Puts: 116,478 (53%)
Prior 7-Day Average 31,474
Calls: 14,834 (47%)
Puts: 16,639 (53%)
Current vs Prior 7-Day Avg -15.64%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/18) | Next (10/16)
Current 5.38% | 8.53%
Prior 5.89% | 8.69%
Current vs Prior -8.69% | -1.87%
Prior 7-Day Avg 2.88% | 6.76%
Current vs 7-Day Avg +86.91% | +26.16%
Prior 7-Day Eod 5.89% | 8.69%
Current vs 7-Day Eod -8.69% | -1.87%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 24.02% | 10.02%
Calls: 16.22% | 10.53%
Puts: 31.83% | 9.52%
Prior 14.68% | 22.14%
Calls: 20.82% | 23.97%
Puts: 8.54% | 20.32%
Current vs Prior +63.62% | -54.74%
Prior 7-Day Avg 51.00% | 18.75%
Calls: 51.25% | 14.08%
Puts: 50.75% | 23.42%
Current vs 7-Day Avg -52.90% | -46.56%
Liquidity Expensive
+
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🤖 AI Insights

Strong bearish conviction with 78% of dollar volume in puts ($953.6K) vs calls ($265.0K). Elevated premium activity with dollar volume up 61% vs prior. Bearish P/C ratio of 1.30 indicates protective positioning. P/C ratio rising 155% - 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 4 of results (avg 7.4%, best 6.2%)

CALLS (0)
No calls meet the criteria
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$540.00Sep 189.309.90$9.606.2%40.39161
$620.00Sep 1868.8074.10$71.457.4%--0.9546
$610.00Sep 1859.7064.30$62.007.4%--0.9127
$600.00Sep 1848.8053.20$51.008.6%50.90127

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 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$480.00Sep 1866.1074.80$70.4512.3%--1.0010
$500.00Sep 1849.2054.70$51.9510.6%--0.9616
$510.00Sep 1839.8044.80$42.3011.8%--0.8923
$520.00Sep 1831.2035.70$33.4513.5%--0.8391
$525.00Sep 1827.3032.70$30.0018.0%--0.78137
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Sep 1868.8074.10$71.457.4%--0.9546
$605.00Sep 1853.0060.90$56.9513.9%--0.9378
$610.00Sep 1859.7064.30$62.007.4%--0.9127
$600.00Sep 1848.8053.20$51.008.6%50.90127
$590.00Sep 1840.4045.90$43.1512.7%--0.8635

Most actively traded options today. High liquidity = easy entry/exit. 35 active (total vol 250, top 25)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$580.00Sep 183.304.50$3.9030.8%250.20156
$575.00Sep 184.006.00$5.0040.0%240.2485
$570.00Sep 185.206.70$5.9525.2%180.2895
$585.00Sep 182.354.60$3.4764.8%150.18207
$600.00Sep 181.152.10$1.6358.3%150.10535
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$565.00Sep 1819.4025.60$22.5027.6%150.6748
$495.00Sep 180.501.70$1.10109.1%140.07183
$550.00Sep 1812.6014.60$13.6014.7%130.5195
$545.00Sep 187.2012.60$9.9054.5%90.4587
$500.00Sep 180.951.60$1.2751.2%50.08290

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. 33 found (best R:R 15.67, avg 8.55)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$540.00$545.00Sep 18$1.40$3.60$1.4062%2.57$541.40
$525.00$530.00Sep 18$2.90$2.10$2.9078%0.72$527.90
$580.00$585.00Sep 18$0.43$4.57$0.4320%10.63$580.43
$595.00$600.00Sep 18$0.15$4.85$0.1511%32.33$595.15
$570.00$575.00Sep 18$0.95$4.05$0.9528%4.26$570.95
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$545.00$540.00Sep 18$0.30$4.70$0.3044%15.67$544.70
$560.00$555.00Sep 18$2.20$2.80$2.2062%1.27$557.80
$575.00$570.00Sep 18$3.15$1.85$3.1575%0.59$571.85
$520.00$515.00Sep 18$0.37$4.63$0.3720%12.51$519.63
$530.00$525.00Sep 18$1.00$4.00$1.0028%4.00$529.00

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 28 found (best R:R 2.85, avg 0.31)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$585.00$590.00Sep 18$1.07$1.07$3.9382%0.27$586.07
$640.00$650.00Sep 18$0.52$0.52$9.4896%0.05$640.52
$600.00$605.00Sep 18$0.53$0.53$4.4790%0.12$600.53
$615.00$620.00Sep 18$0.38$0.38$4.6294%0.08$615.38
$610.00$615.00Sep 18$0.42$0.42$4.5892%0.09$610.42
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$550.00$545.00Sep 18$3.70$3.70$1.3049%2.85$546.30
$460.00$455.00Sep 18$1.22$1.22$3.7894%0.32$458.78
$540.00$535.00Sep 18$2.25$2.25$2.7561%0.82$537.75
$510.00$505.00Sep 18$0.95$0.95$4.0587%0.23$509.05
$515.00$510.00Sep 18$0.98$0.98$4.0283%0.24$514.02

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. 19 found (cheapest 4.79% of stock, avg 6.71%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$545.00Sep 18$16.45$9.90$26.35$518.65$571.354.79%
$550.00Sep 18$12.95$13.60$26.55$523.45$576.554.82%
$555.00Sep 18$10.65$16.65$27.30$527.70$582.304.96%
$540.00Sep 18$17.85$9.60$27.45$512.55$567.454.99%
$560.00Sep 18$8.90$18.85$27.75$532.25$587.755.04%
$565.00Sep 18$7.30$22.50$29.80$535.20$594.805.42%
$535.00Sep 18$22.85$7.35$30.20$504.80$565.205.49%
$570.00Sep 18$5.95$26.65$32.60$537.40$602.605.92%
$530.00Sep 18$27.10$5.85$32.95$497.05$562.955.99%
$575.00Sep 18$5.00$29.80$34.80$540.20$609.806.32%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 25 found (cheapest 1.96% of stock, avg 3.03%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$570.00$525.00Sep 18$5.95$4.85$10.80$514.20$580.80
$570.00$530.00Sep 18$5.95$5.85$11.80$518.20$581.80
$565.00$525.00Sep 18$7.30$4.85$12.15$512.85$577.15
$565.00$530.00Sep 18$7.30$5.85$13.15$516.85$578.15
$570.00$535.00Sep 18$5.95$7.35$13.30$521.70$583.30
$565.00$535.00Sep 18$7.30$7.35$14.65$520.35$579.65
$560.00$525.00Sep 18$8.90$4.85$13.75$511.25$573.75
$560.00$530.00Sep 18$8.90$5.85$14.75$515.25$574.75
$560.00$535.00Sep 18$8.90$7.35$16.25$518.75$576.25
$570.00$540.00Sep 18$5.95$9.60$15.55$524.45$585.55

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 80 found (best R:R 0.85, avg credit $1.43)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
455/460585/590Sep 18$2.29$2.7177%0.85$457.71$587.29
455/460600/605Sep 18$1.75$3.2585%0.54$458.25$601.75
455/460590/595Sep 18$1.84$3.1681%0.58$458.16$591.84
455/460575/580Sep 18$2.32$2.6870%0.87$457.68$577.32
455/460565/570Sep 18$2.57$2.4361%1.06$457.43$567.57
455/460595/600Sep 18$1.37$3.6384%0.38$458.63$596.37
455/460570/575Sep 18$2.17$2.8366%0.77$457.83$572.17
505/510585/590Sep 18$2.02$2.9869%0.68$507.98$587.02
455/460580/585Sep 18$1.65$3.3574%0.49$458.35$581.65
505/510600/605Sep 18$1.48$3.5277%0.42$508.52$601.48

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 32 found (best R:R 99.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$555.00$560.00$565.00Sep 18$0.15$4.8511%32.33
$560.00$565.00$570.00Sep 18$0.25$4.7510%19.00
$500.00$510.00$520.00Sep 18$0.80$9.2014%11.50
$615.00$620.00$625.00Sep 18$0.21$4.793%22.81
$565.00$570.00$575.00Sep 18$0.40$4.609%11.50
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$520.00$525.00$530.00Sep 18$0.05$4.958%99.00
$465.00$470.00$475.00Sep 18$0.08$4.921%61.50
$495.00$500.00$505.00Sep 18$0.16$4.843%30.25
$480.00$485.00$490.00Sep 18$0.14$4.860%34.71
$460.00$465.00$470.00Sep 18$0.25$4.752%19.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 34 found (best net $-0.10, 32 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$615.00$620.001:2Sep 18-$0.32$4.68
$620.00$625.001:2Sep 18-$0.36$4.64
$600.00$605.001:2Sep 18-$0.57$4.43
$610.00$615.001:2Sep 18-$0.66$4.34
$625.00$630.001:2Sep 18-$0.77$4.23
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$450.00$445.001:2Sep 18-$0.10$4.90
$455.00$450.001:2Sep 18-$0.22$4.78
$480.00$475.001:2Sep 18-$0.31$4.69
$510.00$505.001:2Sep 18-$0.65$4.35
$495.00$490.001:2Sep 18-$0.40$4.60

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 12 found (best yield 1.47%, avg 0.65%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$560.00Sep 18$8.100.381.8%1.47%3.23%8100
$555.00Sep 18$9.600.430.8%1.74%2.60%1175
$565.00Sep 18$6.600.332.7%1.20%3.87%9122
$570.00Sep 18$5.200.283.6%0.94%4.52%1895
$575.00Sep 18$4.000.244.5%0.73%5.21%2485
$580.00Sep 18$3.300.205.4%0.60%5.99%25156
$585.00Sep 18$2.350.186.3%0.43%6.73%15207
$590.00Sep 18$1.800.147.2%0.33%7.54%3218
$600.00Sep 18$1.150.109.0%0.21%9.24%15535
$595.00Sep 18$0.250.118.1%0.05%8.17%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 299
Total Puts 388
Put/Call Ratio 1.30
Net Difference -89

Prior's Put/Call Breakdown

Total Calls 531
Total Puts 270
Put/Call Ratio 0.51
Net Difference 261

Prior 7-Day Put/Call Summary

Total Calls 6,141
Total Puts 3,918
Average Put/Call Ratio 0.69
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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