NOC Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete NOC options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around NOC.
Near-Term Options-Derived Market Structure
BULLISH BIAS
Reflecting options positioning and volatility conditions over the coming sessions.
The options data shows a moderate bullish tilt. There is some directional support, though momentum remains limited. Options Chian
On the put side, the bearish positioning looks mainly like hedging. This reflects caution and short-term protection rather than a true bearish call. Confidence: 50%
Current DPI is -0.688(neutral). Neutral consolidation, trend and momentum are indistinct. From the current DPI structure, dealers appear largely neutral, suggesting limited willingness to reinforce directional price moves..
Options Terrain Outlook (3-Month)
Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions remain relatively smooth. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-10-16 options expiry. 100% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 15)
Based on the latest options positioning (DTE 15), the ATM straddle implies a standardized 1.15% 1-day move.
The expected range for the next 15 days is 475.00 — 506.23 , corresponding to +5.03% / -1.45% .
Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.
Bullish flow suggests upside interest toward 521.74 (8.24% above spot).
Bearish positioning points to downside pressure toward 472.03 (2.07% below spot).
Options flow strength: 0.74 (0–1 scale). ATM Strike: 480.00, Call: 12.90, Put: 8.60, Straddle Cost: 21.50.
Market signals are mixed and less reliable. No short-term gamma flip is observed , with intermediate positioning around 519.41 . The mid-term gamma flip remains near 520.47.