NOC as of Nov 1 · 22:14 ET

NOCNYSESearch, Detection, Navigation, Guidance, Aeronautical Sys

Northrop Grumman Corp · Brief

Next report

85 days

Jan 26 · before openest.Q4 FY26

Earnings

Expected move

Inputs

±11.0%implied · straddle

496.17618.91

spot 557.54exp Feb 19ATM strike 560ATM straddle 72.20IV 30%

Oct 30 closeprovisional

Expected move

Inputs

Implied vs realized

8 reportsHistory

3 of 8≥ implied

avg implied: ±5.7%
avg realized: ±4.9%

Jan 30 '25±4.5%▲+0.38%×0.08

Apr 22 '25±5.5%▼−12.66%×2.29

Jul 22 '25±5.3%▲+9.41%×1.77

Oct 21 '25±5.7%▼−0.44%×0.08

Jan 27 '26±5.2%▲+2.69%×0.51

Q1 FY26±5.9%▼−6.98%×1.18

Q2 FY26±6.9%▼−2.23%×0.33

Q3 FY26±6.8%▲+4.57%×0.67

quarterimplied−15%0+15%realized×

Q3 FY26±6.8%▲+4.57%×0.67

Q2 FY26±6.9%▼−2.23%×0.33

Q1 FY26±5.9%▼−6.98%×1.18

Jan '26±5.2%▲+2.69%×0.51

Oct '25±5.7%▼−0.44%×0.08

Jul '25±5.3%▲+9.41%×1.77

2 older reports

Apr '25±5.5%▼−12.66%×2.29

Jan '25±4.5%▲+0.38%×0.08

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Bull & bear

Jan 26 report · est.

Bull2 of 3

23.00%of Sypris Solutions Inc revenue coming from the companySEC filings

27disclosed supplier and customer ties reported in SEC filingsSEC filings

Bear2 of 4

84.00%of revenue from the largest disclosed customer, U.S. GovernmentSEC filings

5 of 8recent reports where the move came in under the options implied rangeEarnings history

AI captions · Oct 26 '26once per report · top 2 per case

Linked exposure

NOC report session

Suppliers 2

KTOSKratos Defense & Security Solutions×0.78 MRCYMercury Systems×0.51

× = co-movement · max 499dSource: SEC filings · market data

Latest changes

30 daysAll changes

Oct 6impliedImplied move: ±7.1% into Oct 20 earnings (Oct 6 close).Source

Your note

privateThesis 0 · Decisions 0 · Observations 0

No thesis.