NORDIC AMERICAN TANKERS Ltd (NAT) Options Statistics & Positioning

NORDIC AMERICAN TANKERS Ltd (NAT) options trade at a 30-day at-the-money implied volatility of 60.6%, an IV rank of 24 out of 100 over the past year. The options market prices a ±$0.71 (±8.4%) move in NAT for the front expiration. Max pain sits at $7 and the put/call open interest ratio is 0.53. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Oct 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$8.45

52-week range

$3.17 – $8.58

ATM IV (30d)

60.6%

IV rank

24 / 100

Low

Expected move

±$0.71 (±8.4%)

Put/call OI

0.53

Call-heavy

Max pain

↓ 17.1% below close

What's NAT's IV rank right now?Where's the max pain for NAT?Explain what gamma exposure means for NAT.

Most Active NAT Contracts

Contract	Expiration	DTE	Last	IV	Volume
NAT $9 call	Nov 20, 2026	42d	$0.35	51.4%	679
NAT $10 call	Jan 15, 2027	98d	$0.30	46.1%	559
NAT $8 put	Nov 20, 2026	42d	$0.35	45.2%	469
NAT $9 call	Jan 15, 2027	98d	$0.55	46.0%	279
NAT $9 call	Oct 16, 2026	7d	$0.08	55.3%	216

See all active NAT contracts →

Explore NAT Options Statistics

NAT Implied Volatility

60.6% ATM IV (30d)

An IV rank of 24 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

NAT Open Interest

0.53 put/call OI ratio

34,317 calls and 18,197 puts outstanding across all expirations.

Full open interest analysis →

NAT Max Pain

$7 max pain

17.1% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

NAT Gamma Exposure

$29.24M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

NAT Options Volume

2,914 contracts traded

Put/call volume ratio 0.21 — plus contracts running far above their usual volume.

Full volume & flow analysis →

NAT Most Active Options

$9 top volume strike

The 25 most actively traded NAT contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Explore the payoff profile of option on NAT for free

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NAT Options FAQ

How often is NAT options data on this page updated?

All NAT statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see NAT max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated NAT pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.