Northrop Grumman’s most recent trend suggests a bullish bias. One trading opportunity on Northrop Grumman is a Bull Put Spread using a strike $320.00 short put and a strike $315.00 long put offers a potential 6.38% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $320.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $315.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Northrop Grumman is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Northrop Grumman is bullish.
The RSI indicator is at 77.09 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Northrop Grumman
Is NOC Stock A Buy or Sell?
Mon, 29 Mar 2021 18:56:06 +0000
Last year we predicted the arrival of the first US recession since 2009 and we told in advance that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock […]
Are Institutions Heavily Invested In Northrop Grumman Corporation’s (NYSE:NOC) Shares?
Mon, 29 Mar 2021 10:09:41 +0000
Every investor in Northrop Grumman Corporation ( NYSE:NOC ) should be aware of the most powerful shareholder groups…
You Can’t Buy SpaceX Yet But These Space Stocks Are Up For Grabs
Thu, 25 Mar 2021 19:23:53 +0000
SpaceX continues to mark new milestones as a private company, and that has spurred investors’ appetites for publicly traded space stocks.
Lockheed (LMT) and Northrop Win $7.6B Missile Contracts
Thu, 25 Mar 2021 13:17:01 +0000
The new Lockheed Martin (LMT) missile interceptor deal from the Pentagon could be valued at as much as $3.7 billion while the Northrop Grumman (NOC) contract could be valued at up to $3.9 billion.
Northrop Grumman Announces Webcast, Conference Call of First Quarter 2021 Financial Results
Thu, 25 Mar 2021 13:00:00 +0000
FALLS CHURCH, Va., March 25, 2021 (GLOBE NEWSWIRE) — Northrop Grumman Corporation (NYSE: NOC) announced today that its first quarter 2021 financial results will be posted on its investor relations website on April 29, 2021. Prior to the market opening, and after the filing of the earnings release on Form 8-K with the Securities and Exchange Commission, the company will issue an advisory release notifying the public of the availability of the complete and full text earnings release on the company’s website at http://investor.northropgrumman.com. The company’s first quarter 2021 conference call will be held at 9:00 a.m. Eastern time, Thursday, April 29, 2021. Kathy Warden, chairman, chief executive officer and president, and Dave Keffer, chief financial officer, will review first quarter 2021 results. The conference call will be webcast live on Northrop Grumman’s website at http://investor.northropgrumman.com. Replays of the call will be available on the Northrop Grumman website for a limited time. Presentations may be supplemented by a series of slides appearing on the company’s investor relations home page. Northrop Grumman solves the toughest problems in space, aeronautics, defense and cyberspace to meet the ever evolving needs of our customers worldwide. Our 97,000 employees define possible every day using science, technology and engineering to create and deliver advanced systems, products and services. Note: Statements in this press release, and statements to be made on the conference call, including in any accompanying materials, contain or may contain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “anticipate,” “intend,” “may,” “could,” “should,” “plan,” “project,” “forecast,” “believe,” “estimate,” “guidance,” “outlook,” “trends,” “goals” and similar expressions generally identify these forward-looking statements. These forward-looking statements speak only as of the date when made, and the Company undertakes no obligation to publicly update or revise any forward-looking statements after the date of this release or the date of the call, except as required by applicable law. Forward-looking statements are not guarantees of future performance and inherently involve a wide range of risks and uncertainties that are difficult to predict. A discussion of these risks and uncertainties is contained in the Company’s filings with the Securities and Exchange Commission. Contact:Vic Beck (Media) 703-280-4456 (office) email@example.com Todd Ernst (Investors) 703-280-4535 (office) firstname.lastname@example.org
Follow Us on Facebook