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NORTHROP GRUMMAN CORP /DE/ (NOC) Earnings Date & Options Risk

When NOC reports next, and what it means for options pricing. ← Full NOC risk overview

32
Risk Score
2026-07-21
Next Earnings
60.2%
IV Rank
LOW
Risk Band
Search, Detection, Navigation, Guidance, Aeronautical Sys
Sector

How NOC earnings affect options

NORTHROP GRUMMAN CORP /DE/ (NOC) reports earnings on 2026-07-21, which falls inside a typical options expiry window. Earnings are the single biggest scheduled catalyst for an overnight gap: implied volatility usually runs up into the report and collapses immediately after (the IV crush). Selling premium into the event captures that crush but exposes you to the gap; buying premium needs a move large enough to beat the elevated IV you paid.

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