HomeMarketsIndicesExample Options Trade in Northrop Grumman (NOC)
Example Options Trade in Northrop Grumman (NOC)

Northrop Grumman (NOC) is beloved by Wall Street analysts who view the company's multiple government contracts as a stable revenue stream, but the stock has been in a holding pattern for the past few months and recently fell below a key level of support. Expecting to see further downside, options strategist Tony Zhang discusses how to place a bearish example options strategy in NOC by selling an out-of-the-money vertical call spread that expires Nov. 19.

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14 Sep 2021

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