Tour v526
NOC
NORTHROP GRUMMAN COR
$539.70 -0.63%
$542.44 (+0.51%)🌙
as of 08/31 06:03 PM
8/31 18:03

Option Volume

Detail
Current (08/31) 522
Calls: 247 (47%)
Puts: 275 (53%)
Prior (08/28) 889
Calls: 373 (42%)
Puts: 516 (58%)
Current vs Prior -41.28%
Calls: -33.78% (Calls)
Puts: -46.71% (Puts)
Prior 7-Day Total 8,918
Calls: 5,512 (62%)
Puts: 3,406 (38%)
Prior 7-Day Average 1,274
Calls: 787 (62%)
Puts: 486 (38%)
Current vs Prior 7-Day Avg -59.03%
Calls: -68.63%
Puts: -43.48%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31) $1.35M
Calls: $390.8K (29%)
Puts: $959.3K (71%)
Prior (08/28) $2.91M
Calls: $1.37M (47%)
Puts: $1.54M (53%)
Current vs Prior -53.55%
Calls: -71.44%
Puts: -37.64%
Prior 7-Day Total $13.35M
Calls: $7.49M (56%)
Puts: $5.86M (44%)
Prior 7-Day Average $1.91M
Calls: $1.07M (56%)
Puts: $837.6K (44%)
Current vs Prior 7-Day Avg -29.20%
Calls: -63.46%
Puts: +14.53%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/31) 1.11
Prior (08/28) 1.38
Current vs Prior -19.52%
Prior 7-Day Average 0.76
Current vs Prior 7-Day Avg +46.29%
Sentiment BEARISH

Open Interest

Detail
Current (08/31) 27,661
Calls: 12,653 (46%)
Puts: 15,008 (54%)
Prior (08/28) 27,334
Calls: 12,676 (46%)
Puts: 14,658 (54%)
Current vs Prior +1.20%
Prior 7-Day Total 206,802
Calls: 96,211 (47%)
Puts: 110,591 (53%)
Prior 7-Day Average 29,543
Calls: 13,744 (47%)
Puts: 15,798 (53%)
Current vs Prior 7-Day Avg -6.37%
Sentiment BULLISH

Expected Move

Detail
Expiry (09/18) | Next (10/16)
Current 4.86% | 8.04%
Prior 5.39% | 8.17%
Current vs Prior -9.74% | -1.52%
Prior 7-Day Avg 4.69% | 7.85%
Current vs 7-Day Avg +3.81% | +2.39%
Prior 7-Day Eod 5.39% | 8.17%
Current vs 7-Day Eod -9.74% | -1.52%
Sentiment BULLISH

Relative Spread

Detail
Expiry | Next
Current 11.34% | 19.39%
Calls: 12.33% | 15.20%
Puts: 10.34% | 23.59%
Prior 25.34% | 19.91%
Calls: 39.37% | 16.27%
Puts: 11.30% | 23.55%
Current vs Prior -55.25% | -2.61%
Prior 7-Day Avg 47.79% | 17.15%
Calls: 47.15% | 13.97%
Puts: 48.42% | 20.33%
Current vs 7-Day Avg -76.27% | +13.05%
Liquidity Expensive
+
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🤖 AI Insights

Moderately bearish flow with 71% put dollar volume ($959.3K). Light premium activity with dollar volume down 54% vs prior. Below-average activity with volume down 41% vs prior. Slightly bearish P/C ratio of 1.11.

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 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 4 of results (avg 7.7%, best 6.5%)

CALLS (0)
No calls meet the criteria
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$620.00Sep 1877.9083.10$80.506.5%--0.9636
$610.00Sep 1867.8073.30$70.557.8%--0.9727
$605.00Sep 1862.9068.10$65.507.9%--0.9578
$570.00Sep 1830.9033.70$32.308.7%40.8353

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. 21 found (avg delta 0.79, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$500.00Sep 1840.0044.40$42.2010.4%--0.9016
$510.00Sep 1830.8035.70$33.2514.7%--0.8523
$520.00Sep 1822.6027.80$25.2020.6%--0.7591
$525.00Sep 1819.5023.10$21.3016.9%--0.70138
$530.00Sep 1815.4020.70$18.0529.4%30.6428
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$610.00Sep 1867.8073.30$70.557.8%--0.9727
$620.00Sep 1877.9083.10$80.506.5%--0.9636
$600.00Sep 1856.0064.80$60.4014.6%--0.9695
$605.00Sep 1862.9068.10$65.507.9%--0.9578
$590.00Sep 1848.0053.50$50.7510.8%--0.9435

Most actively traded options today. High liquidity = easy entry/exit. 30 active (total vol 137, top 25)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$540.00Sep 1810.7013.10$11.9020.2%250.5071
$590.00Sep 180.001.40$0.70200.0%190.06199
$555.00Sep 185.006.70$5.8529.1%90.31111
$600.00Sep 180.200.90$0.55127.3%70.04537
$550.00Sep 187.108.50$7.8017.9%60.38118
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$445.00Sep 180.000.95$0.48197.9%100.0270
$520.00Sep 183.705.70$4.7042.6%100.25119
$500.00Sep 180.752.60$1.68110.1%50.10294
$570.00Sep 1830.9033.70$32.308.7%40.8353
$435.00Sep 180.005.30$2.65200.0%30.079

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. 31 found (best R:R 2.03, avg 6.09)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$560.00$565.00Sep 18$0.22$4.78$0.2224%21.73$560.22
$545.00$550.00Sep 18$1.80$3.20$1.8044%1.78$546.80
$570.00$575.00Sep 18$0.53$4.47$0.5317%8.43$570.53
$525.00$530.00Sep 18$3.25$1.75$3.2570%0.54$528.25
$540.00$545.00Sep 18$2.30$2.70$2.3050%1.17$542.30
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$545.00$540.00Sep 18$1.65$3.35$1.6556%2.03$543.35
$535.00$530.00Sep 18$0.95$4.05$0.9542%4.26$534.05
$570.00$565.00Sep 18$3.25$1.75$3.2583%0.54$566.75
$555.00$550.00Sep 18$2.65$2.35$2.6569%0.89$552.35
$505.00$500.00Sep 18$0.20$4.80$0.2012%24.00$504.80

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 24 found (best R:R 0.59, avg 0.30)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$555.00$560.00Sep 18$2.13$2.13$2.8769%0.74$557.13
$595.00$600.00Sep 18$1.00$1.00$4.0091%0.25$596.00
$585.00$590.00Sep 18$0.83$0.83$4.1790%0.20$585.83
$550.00$555.00Sep 18$1.95$1.95$3.0562%0.64$551.95
$605.00$610.00Sep 18$0.27$0.27$4.7396%0.06$605.27
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$485.00$480.00Sep 18$1.85$1.85$3.1590%0.59$483.15
$455.00$450.00Sep 18$1.45$1.45$3.5591%0.41$453.55
$450.00$445.00Sep 18$1.12$1.12$3.8894%0.29$448.88
$500.00$495.00Sep 18$1.05$1.05$3.9590%0.27$498.95
$520.00$515.00Sep 18$1.52$1.52$3.4875%0.44$518.48

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. 17 found (cheapest 4.21% of stock, avg 6.10%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$545.00Sep 18$9.60$13.10$22.70$522.30$567.704.21%
$535.00Sep 18$14.80$8.25$23.05$511.95$558.054.27%
$540.00Sep 18$11.90$11.45$23.35$516.65$563.354.33%
$530.00Sep 18$18.05$7.30$25.35$504.65$555.354.70%
$550.00Sep 18$7.80$18.00$25.80$524.20$575.804.78%
$555.00Sep 18$5.85$20.65$26.50$528.50$581.504.91%
$525.00Sep 18$21.30$5.80$27.10$497.90$552.105.02%
$560.00Sep 18$3.72$24.70$28.42$531.58$588.425.27%
$520.00Sep 18$25.20$4.70$29.90$490.10$549.905.54%
$565.00Sep 18$3.50$29.05$32.55$532.45$597.556.03%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 25 found (cheapest 1.56% of stock, avg 2.52%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$560.00$520.00Sep 18$3.72$4.70$8.42$511.58$568.42
$565.00$520.00Sep 18$3.50$4.70$8.20$511.80$573.20
$560.00$525.00Sep 18$3.72$5.80$9.52$515.48$569.52
$565.00$525.00Sep 18$3.50$5.80$9.30$515.70$574.30
$555.00$520.00Sep 18$5.85$4.70$10.55$509.45$565.55
$555.00$525.00Sep 18$5.85$5.80$11.65$513.35$566.65
$560.00$530.00Sep 18$3.72$7.30$11.02$518.98$571.02
$565.00$530.00Sep 18$3.50$7.30$10.80$519.20$575.80
$555.00$530.00Sep 18$5.85$7.30$13.15$516.85$568.15
$550.00$520.00Sep 18$7.80$4.70$12.50$507.50$562.50

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 70 found (best R:R 3.90, avg credit $1.86)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
480/485555/560Sep 18$3.98$1.0258%3.90$481.02$558.98
480/485595/600Sep 18$2.85$2.1581%1.33$482.15$597.85
480/485585/590Sep 18$2.68$2.3280%1.16$482.32$587.68
450/455555/560Sep 18$3.58$1.4260%2.52$451.42$558.58
450/455595/600Sep 18$2.45$2.5582%0.96$452.55$597.45
445/450555/560Sep 18$3.25$1.7563%1.86$446.75$558.25
445/450595/600Sep 18$2.12$2.8885%0.74$447.88$597.12
450/455585/590Sep 18$2.28$2.7281%0.84$452.72$587.28
480/485575/580Sep 18$2.42$2.5876%0.94$482.58$577.42
480/485565/570Sep 18$2.77$2.2369%1.24$482.23$567.77

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 31 found (best R:R 13.29, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$530.00$535.00$540.00Sep 18$0.35$4.6514%13.29
$610.00$615.00$620.00Sep 18$0.07$4.931%70.43
$500.00$510.00$520.00Sep 18$0.90$9.1014%10.11
$540.00$545.00$550.00Sep 18$0.50$4.5012%9.00
$565.00$570.00$575.00Sep 18$0.39$4.618%11.82
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$555.00$560.00$565.00Sep 18$0.30$4.7010%15.67
$500.00$505.00$510.00Sep 18$0.15$4.854%32.33
$520.00$525.00$530.00Sep 18$0.40$4.6011%11.50
$470.00$475.00$480.00Sep 18$0.15$4.852%32.33
$445.00$450.00$455.00Sep 18$0.33$4.676%14.15

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 36 found (best net $-0.15, 31 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$605.00$610.001:2Sep 18-$0.11$4.89
$630.00$640.001:2Sep 18-$0.50$9.50
$555.00$560.001:2Sep 18-$1.59$3.41
$610.00$615.001:2Sep 18-$0.48$4.52
$575.00$580.001:2Sep 18-$0.91$4.09
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$455.00$450.001:2Sep 18-$0.15$4.85
$480.00$475.001:2Sep 18-$0.15$4.85
$475.00$470.001:2Sep 18-$0.25$4.75
$515.00$510.001:2Sep 18-$1.28$3.72
$520.00$515.001:2Sep 18-$1.66$3.34

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 10 found (best yield 1.65%, avg 0.78%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$545.00Sep 18$8.900.441.0%1.65%2.63%166
$550.00Sep 18$7.100.381.9%1.32%3.22%6118
$540.00Sep 18$10.700.500.1%1.98%2.04%2571
$555.00Sep 18$5.000.312.8%0.93%3.76%9111
$565.00Sep 18$3.000.214.7%0.56%5.24%2123
$570.00Sep 18$2.250.175.6%0.42%6.03%1108
$560.00Sep 18$2.350.243.8%0.44%4.20%2102
$575.00Sep 18$1.300.146.5%0.24%6.78%190
$585.00Sep 18$0.500.108.4%0.09%8.49%1218
$580.00Sep 18$0.850.107.5%0.16%7.62%6162

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 247
Total Puts 275
Put/Call Ratio 1.11
Net Difference -28

Prior's Put/Call Breakdown

Total Calls 373
Total Puts 516
Put/Call Ratio 1.38
Net Difference -143

Prior 7-Day Put/Call Summary

Total Calls 5,512
Total Puts 3,406
Average Put/Call Ratio 0.76
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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