NOC Options Chain by Expiration – Open Interest & Put/Call Ratio

Explore the NOC options chain aggregated by expiration date, with call and put open interest, total OI and put/call ratios. Use this overview to spot where options positioning is most concentrated and which expirations carry bullish, bearish or neutral sentiment for NOC.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from NOC Options by Expiration Date

The table below aggregates NOC options data by expiration date, including call volume, put volume, total open interest and the put/call ratio. Each row is assigned a sentiment label and numerical sentiment score, highlighting expirations where positioning is extremely bullish, defensive or balanced. Click on an expiration date to drill down into the detailed options chain for that maturity.

Expiration Date	Call OI	Put OI	Total Open Interest	Put/Call Ratio
2026-02-20	4393	7696	12089	1.752
2026-03-20	2969	2288	5257	0.771
2026-05-15	613	748	1361	1.220
2026-06-18	2790	1922	4712	0.689
2026-08-21	295	165	460	0.559
2026-09-18	446	642	1088	1.439
2026-12-18	173	186	359	1.075
2027-01-15	1177	1112	2289	0.945
2028-01-21	437	222	659	0.508
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for NOC based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Compares put and call activity. A higher PCR usually indicates more defensive or bearish positioning, while a lower PCR suggests bullish call demand. Open Interest (OI): Represents the number of outstanding option contracts. Higher open interest reflects strong market attention, hedging activity or speculative positioning around NOC. Unusual activity ⚠️: Expirations with extreme PCR or unusually high OI are flagged with a warning icon, signaling concentrated bets, hedging pressure or potential event-driven risk. The sentiment score combines PCR and OI into a 0–100 scale, then classifies each expiration into intuitive labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Higher scores reflect more aggressive bullish positioning in NOC options, while lower scores highlight more defensive or bearish structures.