Trading a NAT straddle lets you take a pure volatility position on Nordic American Tankers Ltd without committing to a direction. Nordic American Tankers Ltd's straddle involves buying (or selling) a call and a put at the same strike and expiration, profiting when the stock moves more (or less) than the combined premium implies. Use our scanner to evaluate NAT straddle pricing in real time and find the moments when expected moves are mispriced.
A long straddle on NAT profits from large moves in either direction and is a classic play into binary events like earnings, product announcements, or macro releases. A short straddle profits when Nordic American Tankers Ltd stays range-bound and implied volatility contracts. The breakeven points are simple: strike plus total premium on the upside, strike minus total premium on the downside. Comparing the NAT straddle price to historical realized moves helps you judge whether the market is overpaying or underpaying for volatility.
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 24 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. The company was incorporated in 1995 and is based in Hamilton, Bermuda.
Earnings, product cycles, macro prints — any time volatility itself is the trade, the NAT straddle is the cleanest expression of that view. Our scanner prices every NAT straddle against historical realized moves, flags expirations where the market is overpaying or underpaying for vol, and ranks setups by breakeven width and IV rank. Whether you're long a NAT straddle into a catalyst or short a NAT straddle to harvest decay, the options straddle setups that matter are all in one place.
