Northern Dynasty Minerals (NAK) Options Chain

NYSE: NAKBasic MaterialsPrecious MetalsUSD

1.12-0.03 (-2.61%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $1.12
Put/call ratio (OI): 0.16
Put/call ratio (volume): 0.11
ATM implied volatility: 104.5%
Expected move: ±$1.33
Open interest (C / P): 50.02K / 8.18K

NAK options summary

The NAK options chain for the January 21, 2028 expiration lists 12 call and 12 put contracts, with 468 days until expiration. Open interest stands at 50,017 calls and 8,183 puts, a put/call ratio of 0.16, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $1.00 strike is 104.5%, which implies the market expects a move of about ±$1.33 (118.3%) in Northern Dynasty Minerals stock by expiration.

The most open interest sits at the $2.00 call (8.72K contracts) and the $0.50 put (3.17K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

NAK options chain · January 21, 2028

NAK calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
2,090	93	143.0%	0.76	0.75	0.90	0.50	0.00	0.15	0.10	84.4%	1	3,175
7,061	4	108.2%	0.58	0.50	0.60	1.00	0.25	0.55	0.35	100.8%	10	1,683
NAK $1.12
3,857	2	107.4%	0.45	0.30	0.55	1.50	0.40	1.00	0.62	85.9%	30	983
8,723	42	114.1%	0.35	0.30	0.45	2.00	0.85	1.45	1.10	93.4%	25	802
2,452	1	116.0%	0.35	0.25	0.40	2.50	1.30	1.85	1.38	90.2%	40	1,140
4,170	102	115.2%	0.25	0.25	0.30	3.00	1.70	2.10	2.04	51.6%	2	290
992	318	117.2%	0.30	0.20	0.30	3.50	2.20	2.75	2.47	83.2%	1	51
3,024	20	112.9%	0.21	0.10	0.30	4.00	2.25	2.65	2.65	—	10	12
1,531	3	118.0%	0.20	0.10	0.30	4.50	2.95	3.80	2.97	162.1%	1	22
5,099	3	110.9%	0.20	0.10	0.20	5.00	2.90	3.90	3.48	70.3%	10	20
3,195	648	114.8%	0.24	0.05	0.25	5.50	4.20	5.00	4.10	130.5%	1	5
7,823	20	135.2%	0.16	0.10	0.30	7.00	0.00	0.00	5.18	—	6	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the NAK put/call ratio?

For the January 21, 2028 expiration, the NAK put/call ratio based on open interest is 0.16 (8,183 puts vs 50,017 calls), and 0.11 based on today's volume. A ratio above 1 means more puts than calls.

What is NAK's implied volatility?

At-the-money implied volatility for NAK options expiring January 21, 2028 is about 104.5%, an annualized estimate of how much the market expects Northern Dynasty Minerals stock to move.

How many NAK option expiration dates are there?

NAK has 11 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.