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 30.7%, an IV rank of 85 out of 100 over the past year. The options market prices a ±$21.95 (±4.5%) move in NOC for the front expiration. Max pain sits at $525 and the put/call open interest ratio is 1.07. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Oct 8, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$483.56

52-week range

$473.33 – $764.97

ATM IV (30d)

30.7%

IV rank

85 / 100

High

Expected move

±$21.95 (±4.5%)

Put/call OI

1.07

Max pain

$525

↑ 8.6% above close

Next earnings

Oct 25, 2026

What's NOC's IV rank right now?Where's the max pain for NOC?Explain what gamma exposure means for NOC.

Most Active NOC Contracts

Contract	Expiration	DTE	Last	IV	Volume
NOC $740 call	Dec 18, 2026	71d	$0.10	39.6%	390
NOC $780 put	Jan 15, 2027	99d	$296.25	60.0%	60
NOC $500 call	Oct 16, 2026	8d	$3.00	26.9%	59
NOC $660 call	Jun 17, 2027	252d	$6.00	28.4%	58
NOC $505 call	Oct 16, 2026	8d	$1.35	26.3%	54

See all active NOC contracts →

Explore NOC Options Statistics

NOC Implied Volatility

30.7% ATM IV (30d)

An IV rank of 85 places implied volatility near the top of its 52-week range.

Full implied volatility analysis →

NOC Open Interest

1.07 put/call OI ratio

15,055 calls and 16,066 puts outstanding across all expirations.

Full open interest analysis →

NOC Max Pain

$525 max pain

8.6% above the last close — see how max pain has moved over the past year.

Full max pain analysis →

NOC Gamma Exposure

-$614.88M net GEX

Negative dealer gamma — hedging can currently amplify price swings.

Full gamma exposure analysis →

NOC Options Volume

1,642 contracts traded

Put/call volume ratio 0.42 — plus contracts running far above their usual volume.

Full volume & flow analysis →

NOC Most Active Options

$740 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 ±$21.95 (±4.5%) 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 ±$21.95 (±4.5%) 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.