NORTHROP GRUMMAN CORP /DE/ (NOC) Options Statistics & Positioning

NORTHROP GRUMMAN CORP /DE/ (NOC) options trade at a 30-day at-the-money implied volatility of 24.4%, an IV rank of 62 out of 100 over the past year. The options market prices a ±$35.02 (±6.4%) move in NOC for the front expiration. Max pain sits at $550 and the put/call open interest ratio is 1.17. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$548.58

52-week range

$496.17 – $764.97

ATM IV (30d)

24.4%

IV rank

62 / 100

Moderate

Expected move

±$35.02 (±6.4%)

Put/call OI

1.17

Max pain

$550

↑ 0.3% above close

Next earnings

Oct 25, 2026

Most Active NOC Contracts

Contract	Expiration	DTE	Last	IV	Volume
NOC $580 call	Sep 18, 2026	25d	$4.15	22.2%	172
NOC $575 call	Sep 18, 2026	25d	$5.35	24.9%	151
NOC $585 call	Sep 18, 2026	25d	$3.79	24.5%	143
NOC $620 call	Sep 18, 2026	25d	$0.84	27.3%	126
NOC $590 call	Sep 18, 2026	25d	$2.99	23.6%	111

See all active NOC contracts →

Explore NOC Options Statistics

NOC Implied Volatility

24.4% ATM IV (30d)

An IV rank of 62 places implied volatility in the middle of its 52-week range.

Full implied volatility analysis →

NOC Open Interest

1.17 put/call OI ratio

11,892 calls and 13,923 puts outstanding across all expirations.

Full open interest analysis →

NOC Max Pain

$550 max pain

0.3% above the last close — see how max pain has moved over the past year.

Full max pain analysis →

NOC Gamma Exposure

$36.61M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

NOC Options Volume

1,569 contracts traded

Put/call volume ratio 0.18 — plus contracts running far above their usual volume.

Full volume & flow analysis →

NOC Most Active Options

$580 top volume strike

The 25 most actively traded NOC contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

NOC's next expected earnings date is Oct 25, 2026. Options currently price a ±$35.02 (±6.4%) move for the front expiration.

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NOC Options FAQ

When is NOC's next earnings date?

NOC's next expected earnings date is Oct 25, 2026. Options currently price a ±$35.02 (±6.4%) move for the front expiration.

How often is NOC options data on this page updated?

All NOC statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see NOC max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated NOC pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.