NOC closed at $43.80. NOC December option implied volatility of 51 is above its 6-month average of 35 according to Track Data, suggesting larger price movement.
DISCLAIMER: RED Option, in an attempt to provide the best resources from some of the industry's most capable people, has introduced our Market Minute commentary. RED Option does not endorse this commentary or information as trade recommendations nor does it have any input whatsoever into the decision making. Any content for the Market Minute is the sole opinion of the author.