NAT · NORDIC AMERICAN TANKERS Ltd

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$6.12 -0.14 (-2.24%) At close · Aug 5

Market Cap

$1.32B

211.75M

Options Chain

15-min delayed Underlying $6.12 · today Options Calculator

Positioning

Aug 21, 2026 · 15 days to expiry · 20 contracts

Put / call OI

0.29

Call-heavy positioning

Open interest

11,785

contracts outstanding

Volume

1,635

traded today

Max pain

$6.00

$0.12 below spot

ATM implied vol

44.8%

market's expected move

Open interest by strike

Calls Puts

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Aug 21 15d Sep 18 43d Oct 16 71d Jan 15 162d

Calls						Puts
OI	Vol	IV	Δ	Last	Strike	Last	Δ	IV	Vol	OI
9	16	579.4%	0.982	$5.25		—	—	—	—	0
Call · $1 In the money Last $5.25 Breakeven $6.25 Implied vol 579.4% Delta 0.982 ≈98% ITM Gamma 0.006 Theta -0.009 Vega 0 Open interest 9 Model this call Put · $1 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	363.9%	0.97	—		$0.03	—	—	2	1
Call · $2 In the money Last — Breakeven — Implied vol 363.9% Delta 0.97 ≈97% ITM Gamma 0.015 Theta -0.009 Vega 0.001 Open interest 0 Model this call Put · $2 Last $0.03 Breakeven $1.97 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 Model this put
0	—	261%	0.945	—		—	—	—	—	0
Call · $3 In the money Last — Breakeven — Implied vol 261% Delta 0.945 ≈95% ITM Gamma 0.033 Theta -0.011 Vega 0.002 Open interest 0 Model this call Put · $3 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
3	2	186.7%	0.907	$2.59		$0.07	—	—	1	904
Call · $4 In the money Last $2.59 Breakeven $6.59 Implied vol 186.7% Delta 0.907 ≈91% ITM Gamma 0.071 Theta -0.012 Vega 0.002 Open interest 3 Model this call Put · $4 Last $0.07 Breakeven $3.93 Implied vol — Delta — Gamma — Theta — Vega — Open interest 904 Model this put
387	5	80.6%	0.914	$1.31		$0.04	-0.116	93.8%	10	583
Call · $5 In the money Last $1.31 Breakeven $6.31 Implied vol 80.6% Delta 0.914 ≈91% ITM Gamma 0.162 Theta -0.004 Vega 0.002 Open interest 387 Model this call Put · $5 Last $0.04 Breakeven $4.96 Implied vol 93.8% Delta -0.116 ≈12% ITM Gamma 0.165 Theta -0.008 Vega 0.003 Open interest 583 Model this put
3.7k	1.5k	39.7%	0.656	$0.35		$0.15	-0.37	49.8%	7	1.1k
Call · $6 In the money Last $0.35 Breakeven $6.35 Implied vol 39.7% Delta 0.656 ≈66% ITM Gamma 0.75 Theta -0.005 Vega 0.004 Open interest 3.7k Model this call Put · $6 Last $0.15 Breakeven $5.85 Implied vol 49.8% Delta -0.37 ≈37% ITM Gamma 0.594 Theta -0.008 Vega 0.005 Open interest 1.1k Model this put
Underlying $6.12
4.9k	32	61.8%	0.181	$0.06		$0.80	—	—	20	124
Call · $7 Last $0.06 Breakeven $7.06 Implied vol 61.8% Delta 0.181 ≈18% ITM Gamma 0.332 Theta -0.006 Vega 0.004 Open interest 4.9k Model this call Put · $7 In the money Last $0.80 Breakeven $6.20 Implied vol — Delta — Gamma — Theta — Vega — Open interest 124 Model this put
128	17	117.1%	0.171	$0.05		—	—	—	—	0
Call · $8 Last $0.05 Breakeven $8.05 Implied vol 117.1% Delta 0.171 ≈17% ITM Gamma 0.17 Theta -0.012 Vega 0.004 Open interest 128 Model this call Put · $8 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	—	—	—	—		—	—	—	—	0
Call · $9 Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $9 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
1	1	—	—	$0.06		—	—	—	—	0
Call · $10 Last $0.06 Breakeven $10.06 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 Model this call Put · $10 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put

About this data

Greeks, implied volatility, open interest and the last price come from the latest daily snapshot and are 15-minute delayed. Bid and ask are not included on this plan.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.

Key facts CIK 1000177 CUSIP G65773106 13F (30d) 83 filings 82 filers Visit website Investor relations