Northrop Grumman Stock Options

NOC
 Stock
  

USD 463.70  7.46  1.64%   

Northrop Grumman's option chain provides insight into all available option contracts written on Northrop Grumman's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Northrop Grumman's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Northrop option contract. View S&P 500 options
  
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Purchasing Northrop Grumman options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Northrop calls. Remember, the seller must deliver Northrop Grumman Corp stock to the call owner when a call is exercised.

In The Money vs. Out of Money Option Contracts on Northrop Grumman

Analyzing Northrop Grumman's in-the-money options over time can help investors to take a profitable long position in Northrop Grumman regardless of its overall volatility. This is especially true when Northrop Grumman's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Northrop Grumman's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Northrop Grumman's stock while costing only a fraction of its price.
Northrop Grumman's latest option contracts expiring on 2022-07-01 are carrying combined implied volatility of 32.55 with a put-to-call open interest ratio of 1.79 over 113 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2022-07-01. The current put volume is at 129, with calls trading at the volume of 78. This yields a 1.65 put-to-call volume ratio. The Northrop Grumman option chain provides detailed quote and price information for the current Northrop Grumman Corp option contracts. It shows all of Northrop Grumman's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-07-01 Option Contracts

Northrop Grumman option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Northrop Grumman's lending market. For example, when Northrop Grumman's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Northrop Grumman, he or she must hedge the risk by shorting Northrop Grumman stock over its option's life.
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 2022-07-01 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. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. 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, 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 Corp 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.
Additionally, see Stocks Correlation.
Please note that buying 'in-the-money' options on Northrop Grumman lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Northrop Grumman's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Northrop Grumman contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Northrop Stock moves the wrong way.
As of June 26, 2022, Net Income Common Stock is expected to decline to about 3.3 B

Northrop Grumman Corp In The Money Call Balance

When Northrop Grumman's strike price is surpassing the current stock price, the option contract against Northrop Grumman Corp 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' options written on Northrop Grumman Corp 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. Using current Northrop Grumman's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Rule 16 of the current Northrop contract

Base on the Rule 16, the options market is currently suggesting that Northrop Grumman Corp will have an average daily up or down price movement of about 2.03% per day over the life of the 2022-07-01 option contract. With Northrop Grumman trading at $463.7, that is roughly $9.43. If you think that the market is fully incorporating Northrop Grumman's daily price movement you should consider buying Northrop Grumman Corp options at the current volatility level of 32.55%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Northrop Grumman Option Chain

When Northrop Grumman's strike price is surpassing the current stock price, the option contract against Northrop Grumman Corp 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.
2022-07-012022-07-082022-07-152022-07-222022-07-292022-08-052022-08-192022-11-182023-01-202023-02-172024-01-19
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.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2022-07-01 CALL at $280.00.95296.0E-402022-07-01179.0 - 187.10.0In
Call
2022-07-01 CALL at $290.00.94837.0E-402022-07-01169.0 - 177.30.0In
Call
2022-07-01 CALL at $300.00.94718.0E-402022-07-01159.0 - 167.10.0In
Call
2022-07-01 CALL at $310.00.94289.0E-402022-07-01149.0 - 157.20.0In
Call
2022-07-01 CALL at $320.00.93710.00102022-07-01139.0 - 147.40.0In
Call
2022-07-01 CALL at $330.00.92570.001202022-07-01129.0 - 138.10.0In
Call
2022-07-01 CALL at $340.00.92950.001302022-07-01119.0 - 127.30.0In
Call
2022-07-01 CALL at $350.00.92440.001502022-07-01109.0 - 117.30.0In
Call
2022-07-01 CALL at $360.00.92130.001602022-07-0199.0 - 107.10.0In
Call
2022-07-01 CALL at $365.00.91540.001802022-07-0194.0 - 102.30.0In
Call
2022-07-01 CALL at $370.00.90010.00202022-07-0189.0 - 98.20.0In
Call
2022-07-01 CALL at $375.00.90690.002102022-07-0184.0 - 92.40.0In
Call
2022-07-01 CALL at $380.00.90590.002202022-07-0179.0 - 87.20.0In
Call
2022-07-01 CALL at $385.00.90320.002402022-07-0174.0 - 82.10.0In
Call
2022-07-01 CALL at $390.00.89360.002702022-07-0169.0 - 77.40.0In
Call
2022-07-01 CALL at $395.00.88350.00302022-07-0164.0 - 72.70.0In
Call
2022-07-01 CALL at $400.00.88440.003212022-07-0159.0 - 67.362.27In
Call
2022-07-01 CALL at $405.00.8780.003602022-07-0154.0 - 62.30.0In
Call
2022-07-01 CALL at $410.00.86710.00402022-07-0149.0 - 57.555.89In
Call
2022-07-01 CALL at $415.00.86690.004402022-07-0144.0 - 52.10.0In
Call
2022-07-01 CALL at $420.00.860.00522022-07-0139.0 - 47.042.37In
Call
2022-07-01 CALL at $425.00.83860.005702022-07-0134.5 - 42.50.0In
Call
2022-07-01 CALL at $430.00.91170.00632022-07-0129.9 - 34.831.0In
Call
2022-07-01 CALL at $435.01.00.001102022-07-0125.0 - 32.40.0In
Call
2022-07-01 CALL at $437.50.80380.008442022-07-0122.3 - 29.915.2In
Call
2022-07-01 CALL at $440.00.89240.009312022-07-0122.0 - 27.513.08In
Call
2022-07-01 CALL at $445.00.83440.012402022-07-0117.1 - 23.90.0In
Call
2022-07-01 CALL at $450.00.72240.013612022-07-0115.5 - 20.616.86In
Call
2022-07-01 CALL at $455.00.68410.018612022-07-0111.8 - 13.610.6In
Call
2022-07-01 CALL at $460.00.58780.021262022-07-018.6 - 10.05.08In
Call
2022-07-01 CALL at $465.00.47930.02232022-07-015.7 - 7.26.61Out
Call
2022-07-01 CALL at $470.00.37170.021112022-07-013.5 - 5.14.53Out
Call
2022-07-01 CALL at $475.00.26690.018972022-07-012.2 - 3.42.78Out
Call
2022-07-01 CALL at $480.00.17450.0153112022-07-010.8 - 2.21.55Out
Call
2022-07-01 CALL at $485.00.1190.0114512022-07-010.3 - 1.551.0Out
Call
2022-07-01 CALL at $490.00.0680.007762022-07-010.05 - 1.250.5Out
Call
2022-07-01 CALL at $495.00.13260.008132022-07-010.0 - 3.40.8Out
Call
2022-07-01 CALL at $500.00.14370.007172022-07-010.0 - 4.50.66Out
 Put
2022-07-01 PUT at $415.0-0.03590.0027202022-07-010.0 - 0.753.15Out
 Put
2022-07-01 PUT at $420.0-0.03260.0029102022-07-010.05 - 2.30.33Out
 Put
2022-07-01 PUT at $425.0-0.05710.004452022-07-010.0 - 1.05.1Out
 Put
2022-07-01 PUT at $430.0-0.06620.0054152022-07-010.0 - 0.90.7Out
 Put
2022-07-01 PUT at $435.0-0.08110.007132022-07-010.25 - 1.250.81Out
 Put
2022-07-01 PUT at $437.5-0.10750.008342022-07-010.8 - 1.351.17Out
 Put
2022-07-01 PUT at $440.0-0.10980.009362022-07-010.5 - 1.851.09Out
 Put
2022-07-01 PUT at $445.0-0.15830.012462022-07-011.1 - 2.22.5Out
 Put
2022-07-01 PUT at $450.0-0.23540.0155242022-07-012.1 - 3.22.8Out
 Put
2022-07-01 PUT at $452.5-0.2690.017372022-07-012.4 - 4.07.2Out
 Put
2022-07-01 PUT at $455.0-0.31460.018712022-07-013.0 - 4.96.0Out
 Put
2022-07-01 PUT at $460.0-0.41970.018922022-07-014.6 - 6.56.49Out
 Put
2022-07-01 PUT at $465.0-0.52160.022662022-07-016.6 - 8.811.02In
 Put
2022-07-01 PUT at $470.0-0.63380.021732022-07-019.6 - 11.511.9In
 Put
2022-07-01 PUT at $475.0-0.77190.020612022-07-0110.6 - 15.819.99In
 Put
2022-07-01 PUT at $480.0-0.77140.014502022-07-0116.2 - 21.80.0In
 Put
2022-07-01 PUT at $485.0-0.950.008212022-07-0117.5 - 25.636.11In
 Put
2022-07-01 PUT at $490.0-0.92660.00802022-07-0123.6 - 30.10.0In
 Put
2022-07-01 PUT at $495.0-0.78730.00802022-07-0127.0 - 35.50.0In
 Put
2022-07-01 PUT at $500.0-0.80050.007102022-07-0132.0 - 40.50.0In
 Put
2022-07-01 PUT at $505.0-0.81390.006402022-07-0137.0 - 45.40.0In
 Put
2022-07-01 PUT at $510.0-0.82790.005702022-07-0142.0 - 50.20.0In
 Put
2022-07-01 PUT at $515.0-0.8360.005202022-07-0147.0 - 55.20.0In
 Put
2022-07-01 PUT at $520.0-0.8430.004802022-07-0152.0 - 60.20.0In
 Put
2022-07-01 PUT at $525.0-0.85150.004402022-07-0156.5 - 65.10.0In
 Put
2022-07-01 PUT at $530.0-0.97990.001602022-07-0162.0 - 71.00.0In
 Put
2022-07-01 PUT at $535.0-0.98080.001502022-07-0167.0 - 76.00.0In
 Put
2022-07-01 PUT at $540.0-0.85840.003602022-07-0172.0 - 80.50.0In
 Put
2022-07-01 PUT at $545.0-0.87050.003402022-07-0177.0 - 85.10.0In
 Put
2022-07-01 PUT at $550.0-0.85750.003302022-07-0181.5 - 91.00.0In
 Put
2022-07-01 PUT at $555.0-0.99018.0E-402022-07-0187.0 - 95.80.0In
 Put
2022-07-01 PUT at $560.0-0.8790.002902022-07-0192.0 - 100.20.0In
 Put
2022-07-01 PUT at $570.0-0.88110.002602022-07-01102.0 - 110.40.0In
 Put
2022-07-01 PUT at $580.0-0.88970.002402022-07-01112.0 - 120.20.0In
 Put
2022-07-01 PUT at $590.0-0.89750.002202022-07-01121.5 - 130.00.0In
 Put
2022-07-01 PUT at $610.0-0.89810.001902022-07-01142.0 - 150.40.0In

Northrop Grumman Net Income Common Stock Over Time

The amount of net income (loss) for the period due to common shareholders. Typically differs from Net Income to the parent entity due to the deduction of Preferred Dividends.
 Net Income Common Stock 
Share
      Timeline 

Northrop Grumman Net Income Common Stock USD Over Time

Net Income Common Stock in USD; converted by US Dollar Exchange Rate.
 Net Income Common Stock USD 
Share
      Timeline 

Northrop Grumman Corp Historical Liabilities

While analyzing the current debt level is an essential aspect of forecasting the current year budgeting needs of Northrop Grumman, understanding its historical liability is critical in projecting Northrop Grumman's future earnings, especially during periods of low and high inflation and deflation. Many analysts look at the trend in assets and liabilities and evaluate how Northrop Grumman uses its financing power over time.

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Additionally, see Stocks Correlation. Note that the Northrop Grumman Corp information on this page should be used as a complementary analysis to other Northrop Grumman's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Is Northrop Grumman's industry 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 YOY
-0.55
Market Capitalization
72.1 B
Quarterly Revenue Growth YOY
-0.039
Return On Assets
0.11
Return On Equity
0.48
The market value of Northrop Grumman Corp 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 Northrop Grumman value 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.