792 calls and 292 puts traded on Nov 4, 2026, 1.08K contracts in total. Open interest was 33.69K contracts. Over the past 30 days, volume averaged 1.31K contracts per day. The NOC option volume chart shows volume by strike and expiration date.

Northrop Grumman IV rank is 9, so its 30-day implied volatility of 30.6% is near the bottom of its one-year range. Over the past year it ranged from 17.0% on Dec 26, 2025 to 173.5% on Jul 17, 2026. See the NOC implied volatility history for a longer view.

The Northrop Grumman put/call volume ratio was 0.37 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 1.08. The NOC open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Northrop Grumman options about one week from expiration was $520.46, 0.9% below the $525.37 close. The NOC max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 32.4%, options price a move of about ±$23.56 (±4.5%) over the next week, a range of roughly $501.81 to $548.93 from the Nov 4, 2026 close. The NOC expected move chart shows it for every expiration date.