Northrop Grumman Corporat... (NOC)
Northrop Grumman Max Pain By Strike
NOC trades at $583.89, 10.2% above the near-term max pain of $530 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($97.5-$545), signaling increased put positioning or downside protection. Key magnetic zone at 490 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Northrop Grumman Max Pain By Expiry
Max pain for NOC shows a downward trend from 545 to 97.5, indicating bearish sentiment or hedging activity. The 94% spread signals divergent expectations across timeframes. Most levels below 583.89 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 15, 2025 | 530 | -53.89 (-9.23%) |
| Sep 19, 2025 | 520 | -63.89 (-10.94%) |
| Oct 17, 2025 | 480 | -103.89 (-17.79%) |
| Nov 21, 2025 | 510 | -73.89 (-12.65%) |
| Jan 16, 2026 | 530 | -53.89 (-9.23%) |
| Feb 20, 2026 | 545 | -38.89 (-6.66%) |
| Mar 20, 2026 | 500 | -83.89 (-14.37%) |
| Jun 18, 2026 | 490 | -93.89 (-16.08%) |
| Sep 18, 2026 | 540 | -43.89 (-7.52%) |
| Dec 18, 2026 | 97.5 | -486.39 (-83.30%) |
| Jan 15, 2027 | 490 | -93.89 (-16.08%) |