NAVN · Navan, Inc.

Track NAVN — free Ask ALVIS about NAVN

$23.21 +0.98 (+4.41%) At close · Jul 24

Market Cap

$5.65B

254.33M

Options Chain

15-min delayed Underlying $23.21 · today Options Calculator

Positioning

Aug 21, 2026 · 27 days to expiry · 26 contracts

Put / call OI

0.77

Balanced positioning

Open interest

3,730

contracts outstanding

Volume

441

traded today

Max pain

$25.00

$1.79 above spot

ATM implied vol

100.9%

market's expected move

Open interest by strike

Calls Puts

2.5

7.5

12.5

17.5

22.5

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Aug 21 27d Sep 18 55d Oct 16 83d Jan 15 174d

Calls						Puts
OI	Vol	IV	Δ	Last	Strike	Last	Δ	IV	Vol	OI
0	—	574.5%	0.986	—		$0.03	—	—	1	1
Call · $2.5 In the money Last — Breakeven — Implied vol 574.5% Delta 0.986 ≈99% ITM Gamma 0.001 Theta -0.024 Vega 0.003 Open interest 0 Model this call Put · $2.5 Last $0.03 Breakeven $2.47 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 Model this put
0	—	443.6%	0.969	—		$0.10	—	—	4	4
Call · $5 In the money Last — Breakeven — Implied vol 443.6% Delta 0.969 ≈97% ITM Gamma 0.002 Theta -0.036 Vega 0.004 Open interest 0 Model this call Put · $5 Last $0.10 Breakeven $4.90 Implied vol — Delta — Gamma — Theta — Vega — Open interest 4 Model this put
0	—	286.8%	0.967	—		$0.10	—	—	4	4
Call · $7.5 In the money Last — Breakeven — Implied vol 286.8% Delta 0.967 ≈97% ITM Gamma 0.004 Theta -0.025 Vega 0.006 Open interest 0 Model this call Put · $7.5 Last $0.10 Breakeven $7.40 Implied vol — Delta — Gamma — Theta — Vega — Open interest 4 Model this put
0	—	225.5%	0.953	—		$0.10	—	—	6	6
Call · $10 In the money Last — Breakeven — Implied vol 225.5% Delta 0.953 ≈95% ITM Gamma 0.007 Theta -0.027 Vega 0.007 Open interest 0 Model this call Put · $10 Last $0.10 Breakeven $9.90 Implied vol — Delta — Gamma — Theta — Vega — Open interest 6 Model this put
0	—	172.7%	0.939	—		$0.20	-0.105	247.4%	148	201
Call · $12.5 In the money Last — Breakeven — Implied vol 172.7% Delta 0.939 ≈94% ITM Gamma 0.011 Theta -0.025 Vega 0.008 Open interest 0 Model this call Put · $12.5 Last $0.20 Breakeven $12.30 Implied vol 247.4% Delta -0.105 ≈11% ITM Gamma 0.012 Theta -0.052 Vega 0.012 Open interest 201 Model this put
2	1	97.5%	0.962	$11.25		$0.34	-0.069	120.7%	33	48
Call · $15 In the money Last $11.25 Breakeven $26.25 Implied vol 97.5% Delta 0.962 ≈96% ITM Gamma 0.013 Theta -0.011 Vega 0.005 Open interest 2 Model this call Put · $15 Last $0.34 Breakeven $14.66 Implied vol 120.7% Delta -0.069 ≈7% ITM Gamma 0.017 Theta -0.018 Vega 0.009 Open interest 48 Model this put
3	2	104.6%	0.871	$8.80		$0.70	-0.143	113.1%	1	116
Call · $17.5 In the money Last $8.80 Breakeven $26.30 Implied vol 104.6% Delta 0.871 ≈87% ITM Gamma 0.032 Theta -0.027 Vega 0.014 Open interest 3 Model this call Put · $17.5 Last $0.70 Breakeven $16.80 Implied vol 113.1% Delta -0.143 ≈14% ITM Gamma 0.031 Theta -0.029 Vega 0.014 Open interest 116 Model this put
65	10	114.5%	0.738	$4.80		$1.18	-0.254	106.1%	82	565
Call · $20 In the money Last $4.80 Breakeven $24.80 Implied vol 114.5% Delta 0.738 ≈74% ITM Gamma 0.045 Theta -0.045 Vega 0.02 Open interest 65 Model this call Put · $20 Last $1.18 Breakeven $18.82 Implied vol 106.1% Delta -0.254 ≈25% ITM Gamma 0.048 Theta -0.039 Vega 0.02 Open interest 565 Model this put
134	2	100.2%	0.602	$3.20		$1.95	-0.399	101.6%	8	104
Call · $22.5 In the money Last $3.20 Breakeven $25.70 Implied vol 100.2% Delta 0.602 ≈60% ITM Gamma 0.061 Theta -0.046 Vega 0.025 Open interest 134 Model this call Put · $22.5 Last $1.95 Breakeven $20.55 Implied vol 101.6% Delta -0.399 ≈40% ITM Gamma 0.06 Theta -0.045 Vega 0.025 Open interest 104 Model this put
Underlying $23.21
753	100	98.9%	0.449	$1.88		$4.00	-0.551	99.4%	2	499
Call · $25 Last $1.88 Breakeven $26.88 Implied vol 98.9% Delta 0.449 ≈45% ITM Gamma 0.063 Theta -0.046 Vega 0.026 Open interest 753 Model this call Put · $25 In the money Last $4.00 Breakeven $21.00 Implied vol 99.4% Delta -0.551 ≈55% ITM Gamma 0.063 Theta -0.044 Vega 0.026 Open interest 499 Model this put
684	28	96.8%	0.207	$0.70		$7.50	-0.769	105.4%	2	71
Call · $30 Last $0.70 Breakeven $30.70 Implied vol 96.8% Delta 0.207 ≈21% ITM Gamma 0.046 Theta -0.032 Vega 0.019 Open interest 684 Model this call Put · $30 In the money Last $7.50 Breakeven $22.50 Implied vol 105.4% Delta -0.769 ≈77% ITM Gamma 0.046 Theta -0.035 Vega 0.019 Open interest 71 Model this put
460	2	107.7%	0.108	$0.38		—	-0.857	121.6%	—	0
Call · $35 Last $0.38 Breakeven $35.38 Implied vol 107.7% Delta 0.108 ≈11% ITM Gamma 0.027 Theta -0.023 Vega 0.014 Open interest 460 Model this call Put · $35 In the money Last — Breakeven — Implied vol 121.6% Delta -0.857 ≈86% ITM Gamma 0.03 Theta -0.03 Vega 0.014 Open interest 0 Model this put
10	4	138.9%	0.107	$0.42		$18.20	-0.936	119.8%	1	0
Call · $40 Last $0.42 Breakeven $40.42 Implied vol 138.9% Delta 0.107 ≈11% ITM Gamma 0.021 Theta -0.03 Vega 0.015 Open interest 10 Model this call Put · $40 In the money Last $18.20 Breakeven $21.80 Implied vol 119.8% Delta -0.936 ≈94% ITM Gamma 0.018 Theta -0.015 Vega 0.008 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 1639723 CUSIP 639193101 13F (30d) 25 filings 25 filers Visit website Investor relations