NOC - Northrop Grumman Corporation
Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic ISR systems and vertical take-off and landing tactical ISR systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems.
As of May 15, 2026: spot at $539.52, ATM IV 28.9%, max pain $545.00, net GEX -$11.9M.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Market Cap
- $78.37B
- P/E Ratio
- 17.14
- Beta
- -0.11
- 52-Week Range
- 459.25-774
- Dividend Yield
- $9.24
- CEO
- Kathy J. Warden
- Employees
- 97,000
- IPO Date
- Dec 31, 1981
- Exchange
- NYSE
What NOC Looks Like to Options Traders Today
IV rank of 57.6% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; negative net gamma exposure (-$11.9M) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (-0.008) is roughly flat across the wings.
What This Page Covers
The NOC overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure. Corporate data is on fundamentals, earnings, analyst ratings, and insider trading.
Frequently asked NOC overview questions
- What is NOC?
- NOC is the ticker symbol for Northrop Grumman Corporation, a listed security. Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems. Listed on NYSE. NOC is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
- What does the NOC options snapshot look like today?
- As of May 15, 2026, the NOC options snapshot shows spot at $539.52, ATM IV 28.9%, IV rank 57.6%, max pain $545.00, net GEX -$11.9M, expected move 8.29%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are NOC's key statistics?
- Northrop Grumman Corporation (NOC) carries a market capitalization of $78.37B, trailing P/E ratio of 17.14, beta of -0.11 relative to the broader market, 52-week range of 459.25-774. Full income statement, balance sheet, cash flow, and TTM ratio history is on the per-ticker fundamentals page; daily price history and 52-week levels are accessible from the same view. These structural inputs frame how the options market prices implied volatility around earnings windows and capital events.
- What sector or industry does NOC belong to?
- Northrop Grumman Corporation operates in the Industrials sector, in the Aerospace & Defense industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare NOC's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the NOC data on this page?
- The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Company-profile fields (sector, industry, market cap, P/E, IPO date) refresh from the vendor feed nightly. Financials and earnings refresh as 10-K and 10-Q filings are parsed (typically within several business days of the actual report). FINRA microstructure data refreshes on the source's cadence (daily for short volume, bi-monthly for short interest, weekly for the OTC volume file, twice-monthly for SEC FTD).