Northrop Grumman Stock Options Expiring on 17th of January 2025
| NOC Stock | USD 489.65 0.57 0.12% |
Northrop Grumman's latest option contracts expiring on 2025-01-17 are carrying combined implied volatility of 0.25 with a put-to-call open interest ratio of 2.23 over 120 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2025-01-17. The total put volume is at 243, with calls trading at the volume of 243. This yields a 0.8 put-to-call volume ratio.
Open Interest Against 2025-01-17 Option Contracts
2025-01-17
The chart above shows Northrop Grumman's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Northrop Grumman's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Northrop Grumman's option, there is no secondary market available for investors to trade.
Northrop Grumman Maximum Pain Price across 2025-01-17 Option Contracts
Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Northrop Grumman close to expiration to expire worthless. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, Northrop Grumman's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Northrop Grumman's stock options are financial instruments that give investors the right to buy or sell shares of Northrop Grumman common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Northrop stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Northrop Grumman's stock price goes up or down, the stock options follow.
At present, Northrop Grumman's Stock Based Compensation To Revenue is projected to slightly decrease based on the last few years of reporting. Northrop Grumman In The Money Call Balance
When Northrop Grumman's strike price is surpassing the current stock price, the option contract against Northrop Grumman stock is said to be in the money. When it comes to buying Northrop Grumman's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Northrop Grumman are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Northrop Current Options Market Mood
Northrop Grumman's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Northrop Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Most options investors, including buyers and sellers of Northrop Grumman's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Northrop Grumman's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current Northrop contract
Base on the Rule 16, the options market is currently suggesting that Northrop Grumman will have an average daily up or down price movement of about 0.0156% per day over the life of the 2025-01-17 option contract. With Northrop Grumman trading at USD 489.65, that is roughly USD 0.0765. If you think that the market is fully incorporating Northrop Grumman's daily price movement you should consider buying Northrop Grumman options at the current volatility level of 0.25%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Northrop |
Northrop Grumman Option Chain
When Northrop Grumman's strike price is surpassing the current stock price, the option contract against Northrop Grumman stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Northrop Grumman's option chain is a display of a range of information that helps investors for ways to trade options on Northrop. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Northrop. It also shows strike prices and maturity days for a Northrop Grumman against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Open Int | Expiration | Current Spread | Last Price | |||
Call | NOC Option Call 17-01-2025 210 | 0 | 2025-01-17 | 0.0 - 0.0 | 267.5 | In |
Call | NOC Option Call 17-01-2025 220 | 12 | 2025-01-17 | 223.0 - 233.0 | 257.09 | In |
Call | NOC Option Call 17-01-2025 230 | 1 | 2025-01-17 | 252.7 - 260.8 | 205.2 | In |
Call | NOC Option Call 17-01-2025 240 | 6 | 2025-01-17 | 277.0 - 285.7 | 249.2 | In |
Call | NOC Option Call 17-01-2025 250 | 6 | 2025-01-17 | 218.0 - 226.5 | 184.05 | In |
Call | NOC Option Call 17-01-2025 290 | 4 | 2025-01-17 | 0.0 - 0.0 | 209.1 | In |
Call | NOC Option Call 17-01-2025 300 | 13 | 2025-01-17 | 150.0 - 159.4 | 191.63 | In |
Call | NOC Option Call 17-01-2025 310 | 3 | 2025-01-17 | 170.0 - 179.0 | 187.42 | In |
Call | NOC Option Call 17-01-2025 330 | 0 | 2025-01-17 | 115.0 - 124.5 | 151.0 | In |
Call | NOC Option Call 17-01-2025 350 | 18 | 2025-01-17 | 170.0 - 175.8 | 190.85 | In |
Call | NOC Option Call 17-01-2025 360 | 2 | 2025-01-17 | 128.6 - 134.7 | 130.0 | In |
Call | NOC Option Call 17-01-2025 370 | 4 | 2025-01-17 | 102.1 - 105.0 | 109.2 | In |
Call | NOC Option Call 17-01-2025 380 | 5 | 2025-01-17 | 118.0 - 122.7 | 122.0 | In |
Call | NOC Option Call 17-01-2025 390 | 8 | 2025-01-17 | 120.5 - 129.0 | 61.7 | In |
Call | NOC Option Call 17-01-2025 400 | 0 | 2025-01-17 | 0.0 - 0.0 | 92.0 | In |
Call | NOC Option Call 17-01-2025 410 | 0 | 2025-01-17 | 0.0 - 0.0 | 84.55 | In |
Call | NOC Option Call 17-01-2025 420 | 0 | 2025-01-17 | 0.0 - 0.0 | 68.6 | In |
Call | NOC Option Call 17-01-2025 430 | 0 | 2025-01-17 | 0.0 - 0.0 | 78.1 | In |
Call | NOC Option Call 17-01-2025 440 | 0 | 2025-01-17 | 0.0 - 0.0 | 56.4 | In |
Call | NOC Option Call 17-01-2025 450 | 0 | 2025-01-17 | 0.0 - 0.0 | 37.25 | In |
Call | NOC Option Call 17-01-2025 460 | 0 | 2025-01-17 | 0.0 - 0.0 | 30.1 | In |
Call | NOC Option Call 17-01-2025 470 | 0 | 2025-01-17 | 0.0 - 0.0 | 27.8 | In |
Call | NOC Option Call 17-01-2025 475 | 0 | 2025-01-17 | 0.0 - 0.0 | 25.8 | In |
Call | NOC Option Call 17-01-2025 480 | 0 | 2025-01-17 | 0.0 - 0.0 | 20.92 | In |
Call | NOC Option Call 17-01-2025 485 | 0 | 2025-01-17 | 0.0 - 0.0 | 18.4 | In |
Call | NOC Option Call 17-01-2025 490 | 0 | 2025-01-17 | 0.0 - 0.0 | 15.16 | |
Call | NOC Option Call 17-01-2025 495 | 0 | 2025-01-17 | 0.0 - 0.0 | 11.9 | |
Call | NOC Option Call 17-01-2025 500 | 0 | 2025-01-17 | 0.0 - 0.0 | 9.0 | |
Call | NOC Option Call 17-01-2025 505 | 0 | 2025-01-17 | 0.0 - 0.0 | 9.0 | |
Call | NOC Option Call 17-01-2025 510 | 0 | 2025-01-17 | 0.0 - 0.0 | 6.3 | |
Call | NOC Option Call 17-01-2025 515 | 0 | 2025-01-17 | 0.0 - 0.0 | 5.0 | |
Call | NOC Option Call 17-01-2025 520 | 0 | 2025-01-17 | 0.0 - 0.0 | 3.72 | |
Call | NOC Option Call 17-01-2025 525 | 0 | 2025-01-17 | 0.0 - 0.0 | 3.2 | |
Call | NOC Option Call 17-01-2025 530 | 0 | 2025-01-17 | 0.0 - 0.0 | 2.52 | |
Call | NOC Option Call 17-01-2025 535 | 0 | 2025-01-17 | 0.0 - 0.0 | 2.01 | |
Call | NOC Option Call 17-01-2025 540 | 0 | 2025-01-17 | 0.0 - 0.0 | 1.55 | |
Call | NOC Option Call 17-01-2025 545 | 0 | 2025-01-17 | 0.0 - 0.0 | 1.36 | |
Call | NOC Option Call 17-01-2025 550 | 0 | 2025-01-17 | 0.0 - 0.0 | 1.13 | |
Call | NOC Option Call 17-01-2025 555 | 0 | 2025-01-17 | 0.0 - 0.0 | 1.45 | |
Call | NOC Option Call 17-01-2025 560 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.93 | |
Call | NOC Option Call 17-01-2025 565 | 0 | 2025-01-17 | 0.0 - 0.0 | 1.1 | |
Call | NOC Option Call 17-01-2025 570 | 0 | 2025-01-17 | 0.0 - 0.0 | 2.42 | |
Call | NOC Option Call 17-01-2025 575 | 0 | 2025-01-17 | 0.0 - 0.0 | 5.3 | |
Call | NOC Option Call 17-01-2025 580 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.59 | |
Call | NOC Option Call 17-01-2025 585 | 0 | 2025-01-17 | 0.0 - 0.0 | 1.85 | |
Call | NOC Option Call 17-01-2025 590 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.7 | |
Call | NOC Option Call 17-01-2025 595 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.83 | |
Call | NOC Option Call 17-01-2025 600 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.34 | |
Call | NOC Option Call 17-01-2025 605 | 0 | 2025-01-17 | 0.0 - 0.0 | 1.56 | |
Call | NOC Option Call 17-01-2025 610 | 29 | 2025-01-17 | 0.3 - 5.2 | 6.6 | Out |
Call | NOC Option Call 17-01-2025 620 | 43 | 2025-01-17 | 0.1 - 1.5 | 1.29 | Out |
Call | NOC Option Call 17-01-2025 625 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.43 | |
Call | NOC Option Call 17-01-2025 630 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.3 | |
Call | NOC Option Call 17-01-2025 640 | 124 | 2025-01-17 | 0.05 - 1.5 | 1.02 | Out |
Call | NOC Option Call 17-01-2025 660 | 33 | 2025-01-17 | 0.1 - 1.5 | 1.48 | Out |
Call | NOC Option Call 17-01-2025 680 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.05 | |
Call | NOC Option Call 17-01-2025 700 | 9 | 2025-01-17 | 0.2 - 1.95 | 0.9 | Out |
Call | NOC Option Call 17-01-2025 720 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.06 | |
Call | NOC Option Call 17-01-2025 740 | 8 | 2025-01-17 | 0.25 - 3.4 | 1.0 | Out |
Call | NOC Option Call 17-01-2025 760 | 4 | 2025-01-17 | 0.5 - 3.3 | 0.8 | Out |
Call | NOC Option Call 17-01-2025 780 | 77 | 2025-01-17 | 0.2 - 1.3 | 0.6 | Out |
Call | NOC Option Call 17-01-2025 800 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.12 | |
Call | NOC Option Call 17-01-2025 820 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.08 | |
Put | NOC Option Put 17-01-2025 210 | 61 | 2025-01-17 | 0.0 - 1.1 | 0.15 | Out |
Put | NOC Option Put 17-01-2025 220 | 96 | 2025-01-17 | 0.0 - 0.0 | 0.25 | Out |
Put | NOC Option Put 17-01-2025 230 | 11 | 2025-01-17 | 0.0 - 4.4 | 0.69 | Out |
Put | NOC Option Put 17-01-2025 240 | 18 | 2025-01-17 | 0.0 - 4.3 | 0.3 | Out |
Put | NOC Option Put 17-01-2025 250 | 50 | 2025-01-17 | 0.0 - 0.7 | 0.05 | Out |
Put | NOC Option Put 17-01-2025 260 | 39 | 2025-01-17 | 0.05 - 5.2 | 0.67 | Out |
Put | NOC Option Put 17-01-2025 270 | 8 | 2025-01-17 | 0.05 - 4.8 | 0.2 | Out |
Put | NOC Option Put 17-01-2025 280 | 33 | 2025-01-17 | 0.05 - 4.0 | 0.72 | Out |
Put | NOC Option Put 17-01-2025 290 | 24 | 2025-01-17 | 0.0 - 4.5 | 0.94 | Out |
Put | NOC Option Put 17-01-2025 300 | 42 | 2025-01-17 | 0.0 - 1.0 | 0.33 | Out |
Put | NOC Option Put 17-01-2025 310 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.1 | |
Put | NOC Option Put 17-01-2025 320 | 128 | 2025-01-17 | 0.0 - 4.0 | 0.55 | Out |
Put | NOC Option Put 17-01-2025 330 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.05 | |
Put | NOC Option Put 17-01-2025 340 | 181 | 2025-01-17 | 0.0 - 0.0 | 0.39 | Out |
Put | NOC Option Put 17-01-2025 350 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.05 | |
Put | NOC Option Put 17-01-2025 360 | 67 | 2025-01-17 | 0.1 - 4.8 | 1.3 | Out |
Put | NOC Option Put 17-01-2025 370 | 103 | 2025-01-17 | 0.05 - 4.7 | 1.0 | Out |
Put | NOC Option Put 17-01-2025 380 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.55 | |
Put | NOC Option Put 17-01-2025 390 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.72 | |
Put | NOC Option Put 17-01-2025 400 | 0 | 2025-01-17 | 0.0 - 0.0 | 1.0 | |
Put | NOC Option Put 17-01-2025 410 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.67 | |
Put | NOC Option Put 17-01-2025 415 | 0 | 2025-01-17 | 0.0 - 0.0 | 0.83 | |
Put | NOC Option Put 17-01-2025 420 | 0 | 2025-01-17 | 0.0 - 0.0 | 1.5 | |
Put | NOC Option Put 17-01-2025 425 | 0 | 2025-01-17 | 0.0 - 0.0 | 1.11 | |
Put | NOC Option Put 17-01-2025 430 | 0 | 2025-01-17 | 0.0 - 0.0 | 1.7 | |
Put | NOC Option Put 17-01-2025 435 | 0 | 2025-01-17 | 0.0 - 0.0 | 2.5 | |
Put | NOC Option Put 17-01-2025 440 | 0 | 2025-01-17 | 0.0 - 0.0 | 4.8 | |
Put | NOC Option Put 17-01-2025 445 | 0 | 2025-01-17 | 0.0 - 0.0 | 2.03 | |
Put | NOC Option Put 17-01-2025 450 | 0 | 2025-01-17 | 0.0 - 0.0 | 2.54 | |
Put | NOC Option Put 17-01-2025 455 | 0 | 2025-01-17 | 0.0 - 0.0 | 3.2 | |
Put | NOC Option Put 17-01-2025 460 | 0 | 2025-01-17 | 0.0 - 0.0 | 3.9 | |
Put | NOC Option Put 17-01-2025 465 | 0 | 2025-01-17 | 0.0 - 0.0 | 5.49 | |
Put | NOC Option Put 17-01-2025 470 | 0 | 2025-01-17 | 0.0 - 0.0 | 5.96 | |
Put | NOC Option Put 17-01-2025 475 | 0 | 2025-01-17 | 0.0 - 0.0 | 7.98 | |
Put | NOC Option Put 17-01-2025 480 | 0 | 2025-01-17 | 0.0 - 0.0 | 9.31 | |
Put | NOC Option Put 17-01-2025 485 | 0 | 2025-01-17 | 0.0 - 0.0 | 11.25 | |
Put | NOC Option Put 17-01-2025 490 | 0 | 2025-01-17 | 0.0 - 0.0 | 13.55 | In |
Put | NOC Option Put 17-01-2025 495 | 0 | 2025-01-17 | 0.0 - 0.0 | 16.88 | In |
Put | NOC Option Put 17-01-2025 500 | 0 | 2025-01-17 | 0.0 - 0.0 | 16.9 | In |
Put | NOC Option Put 17-01-2025 505 | 0 | 2025-01-17 | 0.0 - 0.0 | 22.1 | In |
Put | NOC Option Put 17-01-2025 510 | 0 | 2025-01-17 | 0.0 - 0.0 | 27.65 | In |
Put | NOC Option Put 17-01-2025 515 | 0 | 2025-01-17 | 0.0 - 0.0 | 12.0 | In |
Put | NOC Option Put 17-01-2025 520 | 0 | 2025-01-17 | 0.0 - 0.0 | 10.5 | In |
Put | NOC Option Put 17-01-2025 525 | 0 | 2025-01-17 | 0.0 - 0.0 | 30.38 | In |
Put | NOC Option Put 17-01-2025 530 | 0 | 2025-01-17 | 0.0 - 0.0 | 42.2 | In |
Put | NOC Option Put 17-01-2025 535 | 0 | 2025-01-17 | 0.0 - 0.0 | 17.4 | In |
Put | NOC Option Put 17-01-2025 540 | 0 | 2025-01-17 | 0.0 - 0.0 | 18.3 | In |
Put | NOC Option Put 17-01-2025 550 | 2 | 2025-01-17 | 30.3 - 32.5 | 30.8 | In |
Put | NOC Option Put 17-01-2025 555 | 0 | 2025-01-17 | 0.0 - 0.0 | 37.0 | In |
Put | NOC Option Put 17-01-2025 560 | 0 | 2025-01-17 | 0.0 - 0.0 | 41.1 | In |
Put | NOC Option Put 17-01-2025 580 | 2 | 2025-01-17 | 47.7 - 52.5 | 60.6 | In |
Put | NOC Option Put 17-01-2025 590 | 35 | 2025-01-17 | 115.0 - 124.0 | 102.9 | In |
Put | NOC Option Put 17-01-2025 600 | 0 | 2025-01-17 | 141.2 - 147.7 | 157.5 | In |
Put | NOC Option Put 17-01-2025 630 | 2 | 2025-01-17 | 111.0 - 120.0 | 128.2 | In |
Put | NOC Option Put 17-01-2025 640 | 9 | 2025-01-17 | 131.0 - 140.0 | 146.0 | In |
Put | NOC Option Put 17-01-2025 700 | 1 | 2025-01-17 | 184.0 - 193.0 | 212.7 | In |
Put | NOC Option Put 17-01-2025 820 | 0 | 2025-01-17 | 354.0 - 364.0 | 382.0 | In |
Northrop Grumman Market Cap Over Time
Market Cap |
| Timeline |
Northrop Total Stockholder Equity
Total Stockholder Equity |
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Northrop Grumman Corporate Directors
| Thomas Schoewe | Independent Director | Profile | |
| Marianne Brown | Independent Director | Profile | |
| Karl Krapek | Independent Director | Profile | |
| Madeleine Kleiner | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northrop Grumman. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northrop Grumman. If investors know Northrop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northrop Grumman listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.133 | Dividend Share 7.86 | Earnings Share 16.21 | Revenue Per Share 276.412 | Quarterly Revenue Growth 0.023 |
The market value of Northrop Grumman is measured differently than its book value, which is the value of Northrop that is recorded on the company's balance sheet. Investors also form their own opinion of Northrop Grumman's value that differs from its market value or its book value, called intrinsic value, which is Northrop Grumman's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northrop Grumman's market value can be influenced by many factors that don't directly affect Northrop Grumman's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northrop Grumman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrop Grumman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrop Grumman's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.