Navient (NAVI) Options Chain

NASDAQ: NAVIFinanceInvestment Bankers/Brokers/ServiceUSD

9.11-0.16 (-1.73%)

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

Expiration date

Expiration: Apr 16, 2027
Days to expiration: 187
Share price: $9.11
Put/call ratio (OI): 11.57
Put/call ratio (volume): 0.63
ATM implied volatility: 56.5%
Expected move: ±$3.69
Open interest (C / P): 14 / 162

NAVI options summary

The NAVI options chain for the April 16, 2027 expiration lists 5 call and 3 put contracts, with 187 days until expiration. Open interest stands at 14 calls and 162 puts, a put/call ratio of 11.57, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $10.00 strike is 56.5%, which implies the market expects a move of about ±$3.69 (40.5%) in Navient stock by expiration.

The most open interest sits at the $15.00 call (8 contracts) and the $7.50 put (121 contracts).

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

NAVI options chain · April 16, 2027

NAVI 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
0	—	146.3%	7.12	6.10	7.60	2.50	—	—	—	—	—	—
2	—	66.6%	2.43	1.75	2.50	7.50	0.10	0.80	0.90	62.4%	—	121
NAVI $9.11
2	1	51.5%	1.00	0.40	1.00	10.00	1.20	2.15	1.90	61.5%	10	40
2	13	50.3%	0.25	0.20	0.40	12.50	—	—	—	—	—	—
8	2	64.2%	0.10	0.00	0.75	15.00	5.10	6.60	6.20	80.7%	—	1

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 NAVI put/call ratio?

For the April 16, 2027 expiration, the NAVI put/call ratio based on open interest is 11.57 (162 puts vs 14 calls), and 0.63 based on today's volume. A ratio above 1 means more puts than calls.

What is NAVI's implied volatility?

At-the-money implied volatility for NAVI options expiring April 16, 2027 is about 56.5%, an annualized estimate of how much the market expects Navient stock to move.

How many NAVI option expiration dates are there?

NAVI has 4 listed expiration dates, from Oct 16, 2026 to Apr 16, 2027.

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.