Nordic American Stock Options

NAT
 Stock
  

USD 2.76  0.09  3.37%   

Nordic American's option chain provides insight into all available option contracts written on Nordic American's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Nordic American's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Nordic option contract. View S&P 500 options
  
Purchasing Nordic American options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Nordic calls. Remember, the seller must deliver Nordic American Tanker stock to the call owner when a call is exercised.

In The Money vs. Out of Money Option Contracts on Nordic American

Analyzing Nordic American's in-the-money options over time can help investors to take a profitable long position in Nordic American regardless of its overall volatility. This is especially true when Nordic American's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Nordic American's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Nordic American's stock while costing only a fraction of its price.
Nordic American's latest option contracts expiring on 2022-10-21 are carrying combined implied volatility of 101.11 with a put-to-call open interest ratio of 0.18 over 21 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2022-10-21. The current put volume is at 140, with calls trading at the volume of 490. This yields a 0.29 put-to-call volume ratio. The Nordic American option chain provides detailed quote and price information for the current Nordic American Tanker option contracts. It shows all of Nordic American's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-10-21 Option Contracts

Nordic American option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Nordic American's lending market. For example, when Nordic American's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Nordic American, he or she must hedge the risk by shorting Nordic American stock over its option's life.
The chart above shows Nordic American's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Nordic American's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Nordic American's option, there is no secondary market available for investors to trade.

Nordic American Maximum Pain Price across 2022-10-21 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Nordic American close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Nordic American's stock options are financial instruments that give investors the right to buy or sell shares of Nordic American Tanker common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Nordic stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Nordic American's stock price goes up or down, the stock options follow.
Additionally, see Correlation Analysis.
Please note that buying 'in-the-money' options on Nordic American lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Nordic American's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Nordic American contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Nordic Stock moves the wrong way.

Nordic American Tanker In The Money Call Balance

When Nordic American's strike price is surpassing the current stock price, the option contract against Nordic American Tanker stock is said to be in the money. When it comes to buying Nordic American's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Nordic American Tanker are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Nordic Current Options Market Mood

Nordic American's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Nordic Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Nordic American's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Nordic American's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Nordic American's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Rule 16 of the current Nordic contract

Base on the Rule 16, the options market is currently suggesting that Nordic American Tanker will have an average daily up or down price movement of about 6.32% per day over the life of the 2022-10-21 option contract. With Nordic American trading at $2.76, that is roughly $0.17. If you think that the market is fully incorporating Nordic American's daily price movement you should consider buying Nordic American Tanker options at the current volatility level of 101.11%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Nordic American Option Chain

When Nordic American's strike price is surpassing the current stock price, the option contract against Nordic American Tanker stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
2022-10-212022-11-182023-01-202023-04-212024-01-192025-01-17
Nordic American's option chain is a display of a range of information that helps investors for ways to trade options on Nordic. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Nordic. It also shows strike prices and maturity days for a Nordic American against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2022-10-21 CALL at $0.50.99220.00912022-10-212.1 - 2.252.65In
Call
2022-10-21 CALL at $1.00.96360.0439432022-10-211.6 - 1.81.65In
Call
2022-10-21 CALL at $1.50.9420.102492022-10-211.1 - 1.31.25In
Call
2022-10-21 CALL at $2.00.9040.26122012022-10-210.65 - 0.750.76In
Call
2022-10-21 CALL at $2.50.65370.59951062022-10-210.3 - 0.350.33In
Call
2022-10-21 CALL at $3.00.32840.634140912022-10-210.05 - 0.150.11Out
Call
2022-10-21 CALL at $3.50.14140.367551962022-10-210.0 - 0.050.04Out
 Put
2022-10-21 PUT at $5.5-0.94480.102902022-10-212.7 - 3.02.25In
 Put
2022-10-21 PUT at $5.0-0.94070.121512022-10-212.25 - 2.451.9In
 Put
2022-10-21 PUT at $4.5-0.85180.207192022-10-211.75 - 1.91.45In
 Put
2022-10-21 PUT at $4.0-0.83440.26371302022-10-211.25 - 1.40.82In
 Put
2022-10-21 PUT at $3.5-0.90840.32123342022-10-210.8 - 0.850.8In
 Put
2022-10-21 PUT at $3.0-0.85860.802310942022-10-210.35 - 0.450.35In
 Put
2022-10-21 PUT at $2.5-0.31690.800714502022-10-210.1 - 0.150.1Out

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Additionally, see Correlation Analysis. Note that the Nordic American Tanker information on this page should be used as a complementary analysis to other Nordic American's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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Is Nordic American's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nordic American. If investors know Nordic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nordic American listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nordic American Tanker is measured differently than its book value, which is the value of Nordic that is recorded on the company's balance sheet. Investors also form their own opinion of Nordic American's value that differs from its market value or its book value, called intrinsic value, which is Nordic American's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nordic American's market value can be influenced by many factors that don't directly affect Nordic American's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nordic American's value and its price as these two are different measures arrived at by different means. Investors typically determine Nordic American value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordic American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.