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Best Covered Call Strategy for NOC Stock Over 14 Days — Up to 1.28% Yield

Northrop Grumman Corporation · NOC · Covered Call · Updated Aug 14, 2026

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Best covered call strategy for NOC stock over 14 days: sell a ~0.25–0.30 delta call in the 7–21 DTE window. Example contracts below for Northrop Grumman Corporation (NOC) reach up to 1.28% annualized yield (0.82% avg on top strikes)—compare strike, premium, and IV before opening the screener.

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Best covered call strategy for NOC stock over 14 days

Target ~0.25–0.30 delta in the 7–21 DTE window. Top contracts reach up to 1.28% annualized yield (0.82% avg). Example: $580 strike, 7 DTE, 1.28% yield at ~0.45 delta. Full comparison is in the table below.

Elevated implied volatilityTop IV stocks →

Top Covered Calls (14–30 day)

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Top Covered Calls (14–30 day) — strike, expiration, DTE, delta, premium, yield, and contract score
StrikeExpirationDTEDeltaPremiumYieldScoreAction
$580.00Aug 2170.45$7.401.28%42Open
$590.00Aug 2170.29$4.000.68%29Open
$585.00Aug 2170.37$5.550.95%27Open
$820.00Aug 2170.09$5.030.61%9Open
$840.00Aug 2170.08$5.030.60%8Open

Additional medium-term contracts (22–45 DTE)

Additional medium-term contracts (22–45 DTE) — strike, expiration, DTE, delta, premium, yield, and contract score
StrikeExpirationDTEDeltaPremiumYieldScoreAction
$580.00Sep 18350.50$16.652.87%42Open
$590.00Sep 18350.41$13.252.25%40Open
$585.00Sep 18350.46$15.602.67%39Open

Key Metrics

Financial Performance

Market Cap.$81.2 Billion
Stock Price$584.87
P/E Ratio18.0
SectorIndustrials
IndustryAerospace & Defense
52W High$774.00
52W Low$479.02
50-Day SMA$536.13
200-Day SMA$605.18
RSI (14D)65.3
Analyst ConsensusBuy
WSO RatingA-
Next EarningsOct 20, 2026

Covered calls snapshot

Avg. Premium Yield0.82%
Max Premium Yield1.28%
Avg. Implied Vol.76.7%
Peak Implied Vol.158.8%
Data UpdatedAug 14, 2026, 10:35 PM UTC

Insights

Top pick

Best covered calls for Northrop Grumman Corporation (NOC): $580.00 strike expiring Aug 21, 2026, 1.28% yield.

Short-term opportunities

Northrop Grumman Corporation (NOC) has competitive covered calls expiring within ~14–21 days—use the 14-day screener filter to compare.

Implied volatility

Average IV for Northrop Grumman Corporation (NOC) is 76.7% (elevated)— favorable for premium sellers.

How to use this page

  1. Review Northrop Grumman Corporation (NOC) fundamentals Check stock price, sector, and technicals in the company snapshot, then compare top contract cards.
  2. Open the screener for Northrop Grumman Corporation (NOC) Open our Covered Calls screener with NOC pre-loaded and optional 14-day or 30-day DTE filters.
  3. Compare and execute Refine yield, delta, and IV in the screener, then place the trade in your broker.

Analysis

Our analysis of Northrop Grumman Corporation (NOC) covered calls shows average premium yield of 0.82% and peaks at 1.28%. Average implied volatility is 76.7% (peak 158.8%), indicating elevated volatility for premium sellers. Northrop Grumman Corporation (NOC) operates in the Industrials sector within the Aerospace & Defense industry. Use the tables below to compare strike, DTE, and delta before opening the full screener.

FAQ

What is the best covered call strategy for NOC stock over 14 days?

For a 14-day covered call on NOC, target ~0.25–0.30 delta strikes in the 7–21 DTE window with annualized yield up to 1.28% (0.82% avg on top contracts). Example from today’s chain: $580.00 strike, 7 DTE, 1.28% annualized yield at ~0.45 delta. Compare strike, premium, delta, and IV in the table above, then open the covered call screener for live filters.

What are the best covered calls for Northrop Grumman Corporation (NOC)?

The best covered calls for Northrop Grumman Corporation (NOC) reach up to 1.28% annualized yield (0.82% average on top strikes). This page emphasizes roughly 14–21 day expirations plus 30-day style windows. Compare strike, DTE, delta, and IV in the tables below, then open the screener for full filters.

What are Northrop Grumman Corporation (NOC)'s fundamentals for covered calls?

For Northrop Grumman Corporation (NOC), key fundamentals include last price $584.87, P/E 18.0, market cap $81.2 Billion, Industrials sector, WSO rating A-, analyst consensus Buy. Fundamentals help you judge assignment risk and premium richness before selling options.

How do I find covered calls for Northrop Grumman Corporation (NOC)?

Use our Covered Calls screener with Northrop Grumman Corporation (NOC) pre-loaded: filter by premium yield, DTE (14-day or 30-day windows), delta, and implied volatility (76.7% avg IV on this page).

What is the average premium yield for Northrop Grumman Corporation (NOC) covered calls?

Average premium yield for Northrop Grumman Corporation (NOC) covered calls is 0.82%, with top contracts up to 1.28%. Yields move with strike, expiration, and IV (avg 76.7%, peak 158.8%).

Is Northrop Grumman Corporation (NOC) a good stock for covered calls?

Northrop Grumman Corporation (NOC) offers covered calls with yields up to 1.28%. WSO rates it A-. It is in Industrials. IV is elevated—weigh premium income vs. assignment and earnings risk.

What expiration dates are available for Northrop Grumman Corporation (NOC) covered calls?

Northrop Grumman Corporation (NOC) has short-dated contracts (~7–21 DTE) and medium-term expirations (~22–45 DTE) on this page. Use DTE chips to jump to the screener with matching expiration filters.

How does implied volatility affect Northrop Grumman Corporation (NOC) covered calls?

IV drives option premiums: Northrop Grumman Corporation (NOC) averages 76.7% IV (peak 158.8%). Higher IV can mean richer premiums but more price swing—balance yield with delta and DTE.

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Not financial advice. Options involve risk. Data from live market feeds and may change.