Norfolk Southern Stock Options

NSC Stock  USD 231.75  1.79  0.77%   
Norfolk Southern's latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.41 with a put-to-call open interest ratio of 0.7 over 56 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on June 20th 2025. The total put volume is at 4.0, with calls trading at the volume of 187. This yields a 0.02 put-to-call volume ratio.

Open Interest Against June 20th 2025 Option Contracts

The chart above shows Norfolk Southern'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. Norfolk Southern's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Norfolk Southern's option, there is no secondary market available for investors to trade.

Norfolk Southern Maximum Pain Price Across 2025-06-20 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 Norfolk Southern close to expiration to expire worthless. 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, Norfolk Southern's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Norfolk Southern

Analyzing Norfolk Southern's in-the-money options over time can help investors to take a profitable long position in Norfolk Southern regardless of its overall volatility. This is especially true when Norfolk Southern's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Norfolk Southern's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Norfolk Southern's stock while costing only a fraction of its price.
Norfolk Southern's stock options are financial instruments that give investors the right to buy or sell shares of Norfolk Southern common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Norfolk stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Norfolk Southern's stock price goes up or down, the stock options follow.
At present, Norfolk Southern's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Total Equity is expected to grow to about 259 M, whereas Total Stockholder Equity is forecasted to decline to about 9.6 B.

Norfolk Southern In The Money Call Balance

When Norfolk Southern's strike price is surpassing the current stock price, the option contract against Norfolk Southern stock is said to be in the money. When it comes to buying Norfolk Southern'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 Norfolk Southern 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.

Norfolk Current Options Market Mood

Norfolk Southern'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 Norfolk 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 Norfolk Southern'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. Norfolk Southern'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.

Rule 16 of the current Norfolk contract

Base on the Rule 16, the options market is currently suggesting that Norfolk Southern will have an average daily up or down price movement of about 0.0256% per day over the life of the 2025-06-20 option contract. With Norfolk Southern trading at USD 231.75, that is roughly USD 0.0594. If you think that the market is fully incorporating Norfolk Southern's daily price movement you should consider buying Norfolk Southern options at the current volatility level of 0.41%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Norfolk Southern 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" Norfolk calls. Remember, the seller must deliver Norfolk Southern stock to the call owner when a call is exercised.

Norfolk Southern Option Chain

When Norfolk Southern's strike price is surpassing the current stock price, the option contract against Norfolk Southern 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.
Norfolk Southern's option chain is a display of a range of information that helps investors for ways to trade options on Norfolk. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Norfolk. It also shows strike prices and maturity days for a Norfolk Southern 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
Call
NSC250620C003900000390.00.0 - 2.152.15Out
Call
NSC250620C003800000380.00.0 - 2.152.15Out
Call
NSC250620C003700000370.00.0 - 2.152.15Out
Call
NSC250620C003600001360.00.0 - 2.151.4Out
Call
NSC250620C0035000019350.00.0 - 2.150.5Out
Call
NSC250620C0034000025340.00.0 - 2.151.29Out
Call
NSC250620C003300009330.00.0 - 2.154.5Out
Call
NSC250620C003200005320.00.0 - 2.150.69Out
Call
NSC250620C00310000128310.00.0 - 2.24.6Out
Call
NSC250620C00300000455300.00.0 - 2.050.8Out
Call
NSC250620C00290000196290.00.05 - 1.550.75Out
Call
NSC250620C00280000388280.00.0 - 2.051.2Out
Call
NSC250620C002700001810270.00.55 - 1.651.1Out
Call
NSC250620C00260000934260.02.0 - 2.252.1Out
Call
NSC250620C00250000337250.04.2 - 5.24.2Out
Call
NSC250620C0024000060240.07.6 - 9.37.4Out
Call
NSC250620C002300007230.012.7 - 14.423.3In
Call
NSC250620C0022000017220.019.0 - 20.757.05In
Call
NSC250620C002100002210.025.9 - 28.348.4In
Call
NSC250620C0020000013200.033.9 - 37.536.25In
Call
NSC250620C001800001180.051.8 - 55.877.4In
Call
NSC250620C001600001160.071.5 - 75.157.3In
Call
NSC250620C001200001120.0110.7 - 114.7127.0In
 Put
NSC250620P003900000390.0156.2 - 159.9156.2In
 Put
NSC250620P003800000380.0146.2 - 149.9146.2In
 Put
NSC250620P003700000370.0136.1 - 139.9136.1In
 Put
NSC250620P003600000360.0126.0 - 129.9126.0In
 Put
NSC250620P003500000350.0116.0 - 119.9116.0In
 Put
NSC250620P003400000340.0106.1 - 109.9106.1In
 Put
NSC250620P003300000330.096.1 - 99.996.1In
 Put
NSC250620P003200000320.086.0 - 89.986.0In
 Put
NSC250620P003100000310.076.1 - 79.976.1In
 Put
NSC250620P003000000300.066.3 - 69.948.6In
 Put
NSC250620P0028000050280.046.2 - 50.019.8In
 Put
NSC250620P00270000104270.036.6 - 40.423.11In
 Put
NSC250620P00260000120260.027.7 - 30.833.47In
 Put
NSC250620P00250000141250.020.3 - 22.517.91In
 Put
NSC250620P0024000065240.014.0 - 16.013.9In
 Put
NSC250620P002300001811230.08.8 - 11.311.3Out
 Put
NSC250620P00220000276220.05.8 - 7.58.45Out
 Put
NSC250620P00210000141210.03.1 - 5.22.6Out
 Put
NSC250620P0020000085200.01.75 - 3.42.78Out
 Put
NSC250620P00195000106195.01.35 - 2.62.2Out
 Put
NSC250620P0019000055190.01.1 - 3.52.71Out
 Put
NSC250620P001850006185.00.75 - 3.32.0Out
 Put
NSC250620P001800002180.00.4 - 2.851.6Out
 Put
NSC250620P0017500015175.00.0 - 2.61.4Out
 Put
NSC250620P001700009170.00.0 - 2.40.98Out
 Put
NSC250620P0016500036165.00.0 - 2.150.3Out
 Put
NSC250620P001600006160.00.0 - 1.953.0Out
 Put
NSC250620P001550001155.00.0 - 1.80.47Out
 Put
NSC250620P0015000017150.00.0 - 1.650.17Out
 Put
NSC250620P0014500015145.00.0 - 1.550.32Out
 Put
NSC250620P001400001140.00.0 - 1.450.05Out
 Put
NSC250620P001350002135.00.0 - 1.151.4Out
 Put
NSC250620P001300008130.00.0 - 1.350.08Out

Norfolk Total Stockholder Equity

Total Stockholder Equity

9.64 Billion

At present, Norfolk Southern's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting.

Norfolk Southern Corporate Directors

Mitchell DanielsIndependent DirectorProfile
Marcela DonadioIndependent DirectorProfile
John HuffardIndependent DirectorProfile
Christopher JonesIndependent DirectorProfile
When determining whether Norfolk Southern offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Norfolk Southern's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Norfolk Southern Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Norfolk Southern Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Norfolk Southern. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Norfolk Stock refer to our How to Trade Norfolk Stock guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Ground Transportation space 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 Norfolk Southern. If investors know Norfolk 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 Norfolk Southern 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
0.391
Dividend Share
5.4
Earnings Share
11.47
Revenue Per Share
53.618
Quarterly Revenue Growth
(0.02)
The market value of Norfolk Southern is measured differently than its book value, which is the value of Norfolk that is recorded on the company's balance sheet. Investors also form their own opinion of Norfolk Southern's value that differs from its market value or its book value, called intrinsic value, which is Norfolk Southern'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 Norfolk Southern's market value can be influenced by many factors that don't directly affect Norfolk Southern'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 Norfolk Southern's value and its price as these two are different measures arrived at by different means. Investors typically determine if Norfolk Southern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Norfolk Southern'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.