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.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

720

Exp: 2026-04-17

Gamma Flip

712.64

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.768

Shows put vs call positioning

IV Skew

-5.21

Put–call IV difference

Max Pain Price Volatility

σ = 46.97

high volatility

Confidence 44%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a moderate bearish bias. Downside factors are present but not dominant. 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: 100%

Current DPI is 0.403(bullish). Bullish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions are moderately choppy. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-04-17 options expiry. 100% confidence

The support levels for NOC are at 680.63, 668.29, and 628.38, while the resistance levels are at 701.79, 714.13, and 754.04. The pivot point, a key reference price for traders, is at 720.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 23)

Based on the latest options positioning (DTE 23), the ATM straddle implies a standardized 1.35% 1-day move.

The expected range for the next 23 days is 674.12 — 720.90 , corresponding to +4.29% / -2.47% .

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 737.42 (6.69% above spot).

Bearish positioning points to downside pressure toward 665.90 (3.66% below spot).

Options flow strength: 0.84 (0–1 scale). ATM Strike: 690.00, Call: 23.65, Put: 21.10, Straddle Cost: 44.75.

Price moves may extend once a direction forms. The short-term gamma flip is near 711.45 , with intermediate positioning around 712.64 . The mid-term gamma flip remains near 692.15.