TORM (TRMD) Options Chain

NASDAQ: TRMDConsumer DiscretionaryMarine TransportationUSD

39.94-0.12 (-0.30%)

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

Expiration date

Expiration: Apr 16, 2027
Days to expiration: 187
Share price: $39.94
Put/call ratio (OI): 1.50
Put/call ratio (volume): 1.16
ATM implied volatility: 49.2%
Expected move: ±$14.07
Open interest (C / P): 849 / 1.28K

TRMD options summary

The TRMD options chain for the April 16, 2027 expiration lists 11 call and 11 put contracts, with 187 days until expiration. Open interest stands at 849 calls and 1,276 puts, a put/call ratio of 1.50, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $40.00 strike is 49.2%, which implies the market expects a move of about ±$14.07 (35.2%) in TORM stock by expiration.

The most open interest sits at the $45.00 call (503 contracts) and the $40.00 put (507 contracts).

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

TRMD options chain · April 16, 2027

TRMD 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
—	—	—	—	—	—	22.50	0.10	0.75	0.45	56.5%	2	17
5	—	81.5%	9.25	13.40	17.10	25.00	0.35	1.25	2.25	57.0%	1	2
2	—	69.8%	9.00	11.20	14.60	27.50	0.45	1.35	1.29	57.6%	1	2
0	2	64.2%	3.36	9.10	12.50	30.00	0.25	3.40	1.70	54.7%	7	112
33	1	50.1%	8.70	7.00	9.70	32.50	—	—	—	—	—	—
99	1	48.4%	4.70	4.70	8.00	35.00	2.35	5.10	3.00	55.1%	1	500
95	22	51.7%	5.20	3.90	7.00	37.50	2.70	6.70	4.79	53.0%	10	11
TRMD $39.94
55	4	44.1%	3.63	2.30	5.00	40.00	4.20	8.20	6.70	54.3%	1	507
14	2	55.4%	2.64	1.35	5.30	42.50	5.80	9.80	9.00	54.9%	2	6
503	3	44.3%	2.35	2.20	3.20	45.00	7.60	10.30	9.30	50.4%	4	35
42	2	49.3%	1.72	1.05	2.50	50.00	11.50	14.70	14.70	54.5%	12	71
1	1	51.7%	0.90	0.10	1.85	55.00	16.00	18.90	17.84	57.5%	3	13

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 TRMD put/call ratio?

For the April 16, 2027 expiration, the TRMD put/call ratio based on open interest is 1.50 (1,276 puts vs 849 calls), and 1.16 based on today's volume. A ratio above 1 means more puts than calls.

What is TRMD's implied volatility?

At-the-money implied volatility for TRMD options expiring April 16, 2027 is about 49.2%, an annualized estimate of how much the market expects TORM stock to move.

How many TRMD option expiration dates are there?

TRMD 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.