Nordic American Tankers (NAT) Options Chain

NYSE: NATConsumer DiscretionaryMarine TransportationUSD

8.47-0.11 (-1.28%)

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

Expiration date

Expiration: Apr 16, 2027
Days to expiration: 187
Share price: $8.47
Put/call ratio (OI): 0.06
Put/call ratio (volume): 0.13
ATM implied volatility: 57.1%
Expected move: ±$3.46
Open interest (C / P): 2.26K / 143

NAT options summary

The NAT options chain for the April 16, 2027 expiration lists 10 call and 9 put contracts, with 187 days until expiration. Open interest stands at 2,263 calls and 143 puts, a put/call ratio of 0.06, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $8.00 strike is 57.1%, which implies the market expects a move of about ±$3.46 (40.9%) in Nordic American Tankers stock by expiration.

The most open interest sits at the $8.00 call (666 contracts) and the $7.00 put (80 contracts).

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

NAT options chain · April 16, 2027

NAT 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	5	125.8%	6.70	6.20	6.90	2.00	—	—	—	—	—	—
—	—	—	—	—	—	3.00	0.00	0.30	0.05	107.0%	—	1
2	15	77.7%	3.20	4.20	5.00	4.00	0.00	0.30	0.10	80.7%	—	10
20	100	51.2%	3.60	3.20	3.90	5.00	0.00	0.35	0.30	63.1%	5	15
142	4	50.2%	2.35	2.30	3.10	6.00	0.05	0.50	0.23	53.7%	8	6
300	9	48.0%	1.80	1.50	1.95	7.00	0.45	0.70	0.50	53.1%	1	80
666	7	49.0%	1.30	1.05	1.40	8.00	0.60	1.30	1.05	65.2%	10	17
NAT $8.47
563	11	50.1%	0.85	0.65	1.00	9.00	—	—	—	—	—	—
435	6	46.3%	0.55	0.45	0.60	10.00	1.90	2.60	3.40	51.5%	3	3
14	2	49.1%	0.40	0.20	0.45	11.00	2.60	3.60	4.80	54.9%	—	1
119	50	46.2%	0.21	0.15	0.25	12.00	3.40	4.50	5.00	55.7%	1	10

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 NAT put/call ratio?

For the April 16, 2027 expiration, the NAT put/call ratio based on open interest is 0.06 (143 puts vs 2,263 calls), and 0.13 based on today's volume. A ratio above 1 means more puts than calls.

What is NAT's implied volatility?

At-the-money implied volatility for NAT options expiring April 16, 2027 is about 57.1%, an annualized estimate of how much the market expects Nordic American Tankers stock to move.

How many NAT option expiration dates are there?

NAT has 6 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.