NOC
Northrop GrummanPrices and gamma are point-in-time snapshots taken at the time shown. Dealer positioning is an assumption, not an observable: open interest shows that a contract exists, never which side a dealer holds. How dealer gamma is computed.
LIVE MARKET SNAPSHOT
| Call Wall | 535 |
| Put Wall | 500 |
| GEX Flip | 505 |
| Vol Trigger | 520 |
| Net GEX | $6.7M |
Cached snapshot as of 2026-09-16 09:10 UTC, live streaming data in the terminal.
NOC DEALER GAMMA BY STRIKE
Part of the SquawkFlow GEX Calculator: gamma by strike for any US stock. Compare with SPX GEX.
Net gamma exposure at each strike near NOC's spot price, signed from the dealer perspective, calls positive, puts negative. Green strikes are where hedging tends to dampen moves; red is where it tends to amplify them. Dealer positioning is an assumption rather than an observable, so treat these as a map of where hedging pressure concentrates, not a forecast.
Unit: USD of dealer gamma per 1 percent move in spot. A window of the NOC option chain, not the whole book: the 30 strikes nearest spot out of 64 seen, 880 contract rows spanning 11 expirations. Gamma is taken as the chain publishes it per contract; nothing here is re-priced. Crossed with the open interest carried on that chain.
New to these levels? Start with the call wall and put wall, or the zero gamma level where the sign of dealer hedging flips.
| Strike | Net GEX | Call GEX | Put GEX | Concentration |
|---|---|---|---|---|
| 460 | $0 | $0 | $0 | |
| 465 | -$6.0K | $0 | -$6.0K | |
| 470 | $0 | $0 | $0 | |
| 475 | $0 | $0 | $0 | |
| 480 | -$40.9K | $0 | -$40.9K | |
| 485 | $0 | $0 | $0 | |
| 490 | -$309.7K | $0 | -$309.7K | |
| 495 | -$261.4K | $0 | -$261.4K | |
| 500PUT WALL | -$1.3M | $31.8K | -$1.3M | |
| 505GEX FLIP | $0 | $0 | $0 | |
| 510 | $0 | $0 | $0 | |
| 515 | $0 | $0 | $0 | |
| 520 | $1.0M | $2.2M | -$1.2M | |
| 525 | $671.9K | $1.0M | -$375.3K | |
| 530 | $849.2K | $1.5M | -$670.2K | |
| 535SPOTCALL WALL | $1.6M | $1.9M | -$288.4K | |
| 540 | $98.6K | $993.0K | -$894.4K | |
| 545 | $388.7K | $388.7K | $0 | |
| 550 | $472.8K | $732.7K | -$260.0K | |
| 555 | $700.6K | $700.6K | $0 | |
| 560 | $1.1M | $1.1M | $0 | |
| 565 | $208.3K | $208.3K | $0 | |
| 570 | $306.8K | $306.8K | $0 | |
| 575 | $86.1K | $86.1K | $0 | |
| 580 | $461.4K | $461.4K | $0 | |
| 585 | $104.6K | $104.6K | $0 | |
| 590 | $256.0K | $256.0K | $0 | |
| 595 | $17.0K | $17.0K | $0 | |
| 600 | $251.2K | $251.2K | $0 | |
| 605 | $48.9K | $48.9K | $0 |
These levels were captured September 16, 2026 from the open interest carried on the option chain. New levels post before each market open. Today's SPX gamma levels.
ABOUT NOC
Northrop Grumman is a leading global aerospace and defense company specializing in autonomous systems, cyber, C4ISR (command, control, communications, computers, intelligence, surveillance, reconnaissance), space, and strike capabilities. It is the prime contractor for the B-21 Raider stealth bomber and the Ground Based Strategic Deterrent (Sentinel) ICBM program.
WHY TRACK NOC ON SQUAWKFLOW
NOC options flow signals strategic defense program confidence. Unusual call activity often precedes classified program milestone announcements and next-generation weapons system contract awards.
NOC DATA ON SQUAWKFLOW
Options Flow
NOC options flow, unusual activity, and volume concentrations from the session chain
Latest Snapshot
Last NOC price, change, volume, and the current dealer-gamma regime
GEX Dashboard
NOC gamma exposure levels, call/put walls, and GEX flip
AI Narration
AI-powered analysis of NOC market microstructure in real time
News Sentiment
NOC news with AI sentiment scoring and impact analysis
Sector Context
Industrial sector rotation and relative strength vs peers
Track NOC in the Terminal
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A practical guide to reading dealer positioning data and understanding how market maker flows affect price action.
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