Northrop Grumman Corporat... (NOC)
Northrop Grumman Max Pain By Strike
NOC trades at $592.36, 9.7% above the near-term max pain of $540 expiring Sep 19, 2025 (25 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($97.5-$580), reflecting growing call interest at higher strikes. Key magnetic zone at 540 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 an upward trend from 97.5 to 580, suggesting bullish positioning in longer-dated options. The 99% spread signals divergent expectations across timeframes. Most levels below 592.36 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 |
|---|---|---|
| Sep 19, 2025 | 540 | -52.36 (-8.84%) |
| Oct 17, 2025 | 580 | -12.36 (-2.09%) |
| Nov 21, 2025 | 515 | -77.36 (-13.06%) |
| Jan 16, 2026 | 530 | -62.36 (-10.53%) |
| Feb 20, 2026 | 545 | -47.36 (-8.00%) |
| Mar 20, 2026 | 520 | -72.36 (-12.22%) |
| Jun 18, 2026 | 500 | -92.36 (-15.59%) |
| Sep 18, 2026 | 540 | -52.36 (-8.84%) |
| Dec 18, 2026 | 97.5 | -494.86 (-83.54%) |
| Jan 15, 2027 | 490 | -102.36 (-17.28%) |