Ticker Options Intelligence

NOC options intelligence

Northrop Grumman Corporation options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 35 Market data through 29 Jul 2026 Checked 30 Jul 2026 05:19 · complete available chain

Call-side pressure

Bullish pressure

NOC currently carries bullish options pressure with a 35/100 conviction score. The nearest-chain expected move is 5.9%, with volume/open-interest participation at 0.04.

Options Intelligence Opportunities Bullish confirmation Risks Unusual flow Vol expansion Repeated pressure Chart Weekly report
Primary read Bullish

Call-side pressure

Expected move 5.9%

Near-term move context

Activity / OI 0.04

Current volume is quieter versus prior open interest

Put-call 0.43

Call-side skew

Trend fit 21

Options are not fully confirming trend

Weekly backdrop +4.0%

RS -16.7

Expected move 5.9%
Put-call volume 0.43
Volume / OI 0.04
Reference IV 0.29
Max pain 545.00
Underlying 542.24
Nearest expiry 21 Aug 2026
Contracts 1350

Options Intent Radar

Multi-expiry position-maintenance candidate

66/100
Primary intent Multi-expiry position-maintenance candidate

Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.

Flow vs price divergence Bullish flow confirms price

Options pressure and weekly price action are pointing in the same constructive direction.

Why this matters

Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $1.7M of estimated gross traded notional, puts · 91+ days · itm, and a bullish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure+39
1W price+4.0%
Call premium49%
Put premium51%
Notional split C 49% / P 51% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.04 Volume divided by open interest across the visible chain.
Trend fit 21/100 Agreement between options pressure and Sharemaestro market context.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction. Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.
Conviction clusters Puts · 91+ days · ITM
Puts · 91+ days · ITM puts cluster with 94 contracts traded, $457310 estimated gross traded notional, and 27% of visible notional.
$457310
Calls · 91+ days · ATM calls cluster with 57 contracts traded, $353100 estimated gross traded notional, and 21% of visible notional.
$353100
Calls · 22-45 days · OTM calls cluster with 518 contracts traded, $260092 estimated gross traded notional, and 15% of visible notional.
$260092
Puts · 46-90 days · ITM puts cluster with 9 contracts traded, $258325 estimated gross traded notional, and 15% of visible notional.
$258325
Calls · 91+ days · OTM calls cluster with 45 contracts traded, $83768 estimated gross traded notional, and 5% of visible notional.
$83768

Setup Classification

Opportunity and risk frame

Context, not advice
Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

Activity Anomaly

Quiet tape

0

Activity is muted versus this ticker's stored history.

Volume rank0th
Volume/OI rank0th
IV rank0th

Market Context

Underlying confirmation

Sharemaestro weekly
Close542.24
1W+4.0%
RS-16.7
Fair value+6.8%
Options pressure39
Speculation41
Volatility44
Trend fit21

Today Versus Normal

Stored-options context

View history
Expected move 5.9% muted
30d avg 6.2% · 1 read 0th
90d avg 6.2% · 1 read 0th
180d avg 6.2% · 1 read 0th
IV 0.29 muted
30d avg 0.29 · 1 read 0th
90d avg 0.29 · 1 read 0th
180d avg 0.29 · 1 read 0th
Put-call 0.43 elevated
30d avg 0.32 · 1 read 100th
90d avg 0.32 · 1 read 100th
180d avg 0.32 · 1 read 100th
Volume/OI 0.04 muted
30d avg 0.05 · 1 read 0th
90d avg 0.05 · 1 read 0th
180d avg 0.05 · 1 read 0th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:04 Bullish
Pressure 50
Move 6.2%
30 Jul 04:19 Bullish
Pressure 39
Move 5.9%

Strike Map

Where activity is clustering

Full strike map
Strike390.00
Calls · V 0 · OI 0
Puts · V 0 · OI 83
Strike395.00
Calls · V 0 · OI 1
Puts · V 0 · OI 50
Strike400.00
Calls · V 0 · OI 3
Puts · V 0 · OI 15
Strike405.00
Calls · V 0 · OI 3
Puts · V 0 · OI 4
Strike410.00
Calls · V 0 · OI 2
Puts · V 0 · OI 59
Strike415.00
Calls · V 0 · OI 3
Puts · V 0 · OI 3
Strike420.00
Calls · V 0 · OI 3
Puts · V 0 · OI 24
Strike425.00
Calls · V 0 · OI 1
Puts · V 0 · OI 13

Term Structure

Expiration activity

Volume and IV
Expiry21 Aug 2026
Contracts186
Avg IV0.29
Put-call0.15
Expiry18 Sep 2026
Contracts220
Avg IV0.29
Put-call2.05
Expiry20 Nov 2026
Contracts152
Avg IV0.31
Put-call8.75
Expiry18 Dec 2026
Contracts184
Avg IV0.31
Put-call3.50
Expiry15 Jan 2027
Contracts130
Avg IV0.30
Put-call0.31

Skew

Call/put IV balance

OTM demand
21 Aug 2026Balanced skew
Call IV0.31
Put IV0.29
Skew-0.02
18 Sep 2026Balanced skew
Call IV0.31
Put IV0.30
Skew-0.01
20 Nov 2026Balanced skew
Call IV0.32
Put IV0.32
Skew-
18 Dec 2026Balanced skew
Call IV0.31
Put IV0.32
Skew0.01
15 Jan 2027Balanced skew
Call IV0.30
Put IV0.32
Skew0.02

Contract Tape

Most active contracts

Full contract tape
ContractNOC260821C00570000
SideCall
Expiry21 Aug 2026
Strike570.00
Volume498
OI496
IV0.31
ContractNOC261120P00560000
SidePut
Expiry20 Nov 2026
Strike560.00
Volume94
OI53
IV0.32
ContractNOC270617C00540000
SideCall
Expiry17 Jun 2027
Strike540.00
Volume50
OI6
IV0.29
ContractNOC260821P00500000
SidePut
Expiry21 Aug 2026
Strike500.00
Volume24
OI130
IV0.29
ContractNOC260918P00500000
SidePut
Expiry18 Sep 2026
Strike500.00
Volume15
OI146
IV0.30
ContractNOC260918C00560000
SideCall
Expiry18 Sep 2026
Strike560.00
Volume14
OI101
IV0.28
ContractNOC260918P00485000
SidePut
Expiry18 Sep 2026
Strike485.00
Volume12
OI11
IV0.30
ContractNOC260821P00485000
SidePut
Expiry21 Aug 2026
Strike485.00
Volume11
OI35
IV0.14