NAT221021C00002500 Option on Nordic American Tankers
| NAT Stock | USD 3.77 0.08 2.08% |
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.
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 2024-04-19 are carrying combined implied volatility of 115.68 with a put-to-call open interest ratio of 0.27 over 28 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-04-19. The current put volume is at 217, with calls trading at the volume of 292. This yields a 0.74 put-to-call volume ratio. The Nordic American option chain provides detailed quote and price information for the current Nordic American Tankers option contracts. It shows all of Nordic American's listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against 2024-04-19 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.
2024-04-19
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's stock options are financial instruments that give investors the right to buy or sell shares of Nordic American Tankers 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nordic American Tankers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. 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.
At this time, Nordic American's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 1.8 M in 2024, whereas Capital Stock is likely to drop slightly above 1.8 M in 2024. 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 Tankers will have an average daily up or down price movement of about 7.23% per day over the life of the 2024-04-19 option contract. With Nordic American trading at USD 3.77, that is roughly USD 0.27. If you think that the market is fully incorporating Nordic American's daily price movement you should consider buying Nordic American Tankers options at the current volatility level of 115.68%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Nordic |
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 Tankers stock to the call owner when a call is exercised.
Nordic American Option Chain
When Nordic American's strike price is surpassing the current stock price, the option contract against Nordic American Tankers 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.
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. | Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-04-19 CALL at $1.0 | 0.9937 | 0.0077 | 0 | 2024-04-19 | 2.65 - 2.9 | 2.8 | In |
Call | 2024-04-19 CALL at $1.5 | 0.9911 | 0.0149 | 0 | 2024-04-19 | 2.1 - 2.45 | 0.0 | In |
Call | 2024-04-19 CALL at $2.0 | 0.9875 | 0.0282 | 5 | 2024-04-19 | 1.6 - 1.95 | 2.04 | In |
Call | 2024-04-19 CALL at $2.5 | 0.9819 | 0.057 | 125 | 2024-04-19 | 1.1 - 1.45 | 1.5 | In |
Call | 2024-04-19 CALL at $3.0 | 0.7958 | 0.2147 | 7 | 2024-04-19 | 0.5 - 1.4 | 0.8 | In |
Call | 2024-04-19 CALL at $3.5 | 0.902 | 0.7822 | 480 | 2024-04-19 | 0.2 - 0.4 | 0.28 | In |
Put | 2024-04-19 PUT at $4.0 | -0.8331 | 1.1121 | 5484 | 2024-04-19 | 0.2 - 0.25 | 0.22 | In |
Put | 2024-04-19 PUT at $4.5 | -0.805 | 0.3931 | 341 | 2024-04-19 | 0.7 - 0.8 | 0.73 | In |
Put | 2024-04-19 PUT at $5.0 | -0.8801 | 0.241 | 0 | 2024-04-19 | 1.0 - 1.55 | 1.05 | In |
Put | 2024-04-19 PUT at $5.5 | -0.7691 | 0.2002 | 0 | 2024-04-19 | 1.45 - 1.9 | 1.6 | In |
Put | 2024-04-19 PUT at $6.0 | -0.8764 | 0.155 | 0 | 2024-04-19 | 2.05 - 2.55 | 1.7 | In |
Put | 2024-04-19 PUT at $7.0 | -0.9561 | 0.0742 | 3 | 2024-04-19 | 2.9 - 3.6 | 2.35 | In |
Put | 2024-04-19 PUT at $8.0 | -0.9026 | 0.0934 | 0 | 2024-04-19 | 3.7 - 4.3 | 0.0 | In |
Nordic American Total Stockholder Equity Over Time
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders. Total Stockholder Equity |
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Nordic American Common Stock Total Equity Over Time
The total value of common stock equity held by shareholders, representing their ownership interest in the company. Common Stock Total Equity |
| Timeline |
Nordic Total Stockholder Equity
Total Stockholder Equity |
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Nordic American Corporate Directors
Nordic American corporate directors refer to members of a Nordic American board of directors. The board of directors generally takes responsibility for the Nordic American's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Nordic American's board members must vote for the resolution. The Nordic American board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| David Gibbons | Independent Director | Profile | |
| Richard Vietor | Non-Executive Director | Profile | |
| Jan Langangen | Executive VP of Bus. Devel. and Legal and Director | Profile | |
| David Workman | Non-Executive Director | Profile |
Already Invested in Nordic American Tankers?
The danger of trading Nordic American Tankers is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nordic American is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nordic American. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nordic American Tankers is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Nordic American Tankers is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nordic Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nordic American Tankers Stock. Highlighted below are key reports to facilitate an investment decision about Nordic American Tankers Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nordic American Tankers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Nordic American Tankers 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 the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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When running Nordic American's price analysis, check to measure Nordic American's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nordic American is operating at the current time. Most of Nordic American's value examination focuses on studying past and present price action to predict the probability of Nordic American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic American's price. Additionally, you may evaluate how the addition of Nordic American to your portfolios can decrease your overall portfolio volatility.
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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.
Quarterly Earnings Growth (0.50) | Dividend Share 0.46 | Earnings Share 0.47 | Revenue Per Share 1.256 | Quarterly Revenue Growth (0.76) |
The market value of Nordic American Tankers 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 if Nordic American is a good investment 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.