NRP251017P00070000 Option on Natural Resource Partners

NRP Stock  USD 101.41  2.91  2.95%   
NRP251017P00070000 is a PUT option contract on Natural Resource's common stock with a strick price of 70.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 85 days remaining before the expiration. The option is currently trading at an ask price of $2.45. The implied volatility as of the 24th of July is 85.0.
When exercised, put options on Natural Resource produce a short position in Natural Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Natural Resource's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Natural Resource Partners will have an average daily up or down price movement of about 0.0379% per day over the life of the option. With Natural Resource trading at USD 101.41, that is roughly USD 0.0384. If you think that the market is fully understating Natural Resource's daily price movement you should consider buying Natural Resource Partners options at that current volatility level of 0.61%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Natural Resource

An 'Out of The Money' option on Natural has a strike price that Natural Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Natural Resource's 'Out of The Money' options include buying the options if you expect a big move in Natural Resource's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Put Contract NameNRP251017P00070000
Expires On2025-10-17
Days Before Expriration85
Vega0.072909
Gamma0.00502
Theoretical Value1.23
Open Interest77
Strike Price70.0
Current Price Spread0.0 | 2.45
Rule 16 Daily Up or DownUSD 0.0384

Natural short PUT Option Greeks

Natural Resource's Option Greeks for the contract ending on 2025-10-17 at a strike price of 70.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Natural Resource's option greeks, its implied volatility helps estimate the risk of Natural Resource stock implied by the prices of the options on Natural Resource's stock.
Delta-0.080314
Gamma0.00502
Theta-0.025269
Vega0.072909
Rho-0.020243

Natural long PUT Option Payoff at expiration

Put options written on Natural Resource grant holders of the option the right to sell a specified amount of Natural Resource at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Natural Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Natural Resource is like buying insurance aginst Natural Resource's downside shift.
   Profit   
       Natural Resource Price At Expiration  

Natural short PUT Option Payoff at expiration

By selling Natural Resource's put option, the investors signal their bearish sentiment. A short position in a put option written on Natural Resource will generally make money when the underlying price is above the strike price. Therefore Natural Resource's put payoff at expiration depends on where the Natural Stock price is relative to the put option strike price. The breakeven price of 68.77 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Natural Resource's price. Finally, at the strike price of 70.0, the payoff chart is constant and positive.
   Profit   
       Natural Resource Price At Expiration  
View All Natural Resource Options

Natural Resource Partners Available Put Options

Natural Resource's option chain is a display of a range of information that helps investors for ways to trade options on Natural. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Natural. It also shows strike prices and maturity days for a Natural Resource 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.
Open IntStrike PriceCurrent SpreadLast Price
 Put
NRP251017P001600000160.058.2 - 61.563.2In
 Put
NRP251017P001550000155.053.2 - 56.557.4In
 Put
NRP251017P001500000150.048.2 - 51.548.2In
 Put
NRP251017P001487900148.7947.0 - 50.055.0In
 Put
NRP251017P001450000145.043.2 - 46.543.2In
 Put
NRP251017P001437900143.7942.0 - 45.042.0In
 Put
NRP251017P001400000140.038.3 - 41.538.3In
 Put
NRP251017P001387900138.7937.1 - 40.543.2In
 Put
NRP251017P001350000135.033.3 - 36.533.3In
 Put
NRP251017P001337900133.7932.1 - 35.532.1In
 Put
NRP251017P001300001130.028.3 - 31.528.3In
 Put
NRP251017P001237901123.7922.2 - 25.522.2In
 Put
NRP251017P001150002115.014.0 - 17.514.0In
 Put
NRP251017P001100005110.09.9 - 13.59.9In
 Put
NRP251017P001087901108.799.0 - 12.512.4In
 Put
NRP251017P0010500057105.06.6 - 10.59.5In
 Put
NRP251017P0010379011103.795.7 - 9.55.7In
 Put
NRP251017P0010000026100.04.0 - 8.04.0Out
 Put
NRP251017P000987902598.793.7 - 7.56.1Out
 Put
NRP251017P000950004295.02.7 - 6.08.2Out
 Put
NRP251017P00093790693.791.8 - 5.44.5Out
 Put
NRP251017P000900002990.00.8 - 4.94.8Out
 Put
NRP251017P00088790188.790.6 - 4.62.85Out
 Put
NRP251017P000850001685.00.5 - 4.12.2Out
 Put
NRP251017P000837901083.790.3 - 3.71.45Out
 Put
NRP251017P00080000180.00.0 - 3.11.1Out
 Put
NRP251017P000787906078.790.0 - 2.950.95Out
 Put
NRP251017P0007500013575.00.0 - 2.72.7Out
 Put
NRP251017P000700007770.00.0 - 2.452.45Out
 Put
NRP251017P000650007565.00.0 - 2.30.7Out

Natural Resource Corporate Directors

Leo VecellioIndependent Director of GP Natural Resource Partners LLCProfile
Alexander GreeneDirector of GP Natural Resource Partners LLCProfile
Paul MurphyDirector of GP Natural Resource Partners LLCProfile
Stephen SmithIndependent Director of GP Natural Resource Partners LLCProfile

Additional Tools for Natural Stock Analysis

When running Natural Resource's price analysis, check to measure Natural Resource'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 Natural Resource is operating at the current time. Most of Natural Resource's value examination focuses on studying past and present price action to predict the probability of Natural Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Natural Resource's price. Additionally, you may evaluate how the addition of Natural Resource to your portfolios can decrease your overall portfolio volatility.