NORFOLK SOUTHERN CORP (NSC) Options Statistics & Positioning

NORFOLK SOUTHERN CORP (NSC) options trade at a 30-day at-the-money implied volatility of 19.4%, an IV rank of 26 out of 100 over the past year. The options market prices a ±$17.95 (±5.1%) move in NSC for the front expiration. Max pain sits at $320 and the put/call open interest ratio is 1.63. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$352.95

52-week range

$272.29 – $352.95

ATM IV (30d)

19.4%

IV rank

26 / 100

Low

Expected move

±$17.95 (±5.1%)

Put/call OI

1.63

Put-heavy

Max pain

$320

↓ 9.3% below close

Next earnings

Oct 25, 2026

Most Active NSC Contracts

Contract	Expiration	DTE	Last	IV	Volume
NSC $400 call	Dec 18, 2026	116d	$1.70	17.3%	50
NSC $370 call	Dec 18, 2026	116d	$7.20	17.3%	33
NSC $280 put	Jan 15, 2027	144d	$2.80	26.5%	28
NSC $280 put	Dec 18, 2026	116d	$2.65	28.4%	28
NSC $430 call	Dec 18, 2026	116d	$0.65	20.8%	20

See all active NSC contracts →

Explore NSC Options Statistics

NSC Implied Volatility

19.4% ATM IV (30d)

An IV rank of 26 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

NSC Open Interest

1.63 put/call OI ratio

5,319 calls and 8,675 puts outstanding across all expirations.

Full open interest analysis →

NSC Max Pain

$320 max pain

9.3% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

NSC Gamma Exposure

$158.11M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

NSC Options Volume

278 contracts traded

Put/call volume ratio 0.56 — plus contracts running far above their usual volume.

Full volume & flow analysis →

NSC Most Active Options

$280 top volume strike

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

Full active contracts analysis →

Upcoming Earnings

NSC's next expected earnings date is Oct 25, 2026. Options currently price a ±$17.95 (±5.1%) move for the front expiration.

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NSC Options FAQ

When is NSC's next earnings date?

NSC's next expected earnings date is Oct 25, 2026. Options currently price a ±$17.95 (±5.1%) move for the front expiration.

How often is NSC options data on this page updated?

All NSC 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 NSC max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated NSC 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.