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Pangaea Logistics Solutions PANL

US equityMarket cap rank #3687Red Sea Shipping Crisis
$8.35 −$0.06 (-0.71%)
Market closed · Oct 8, 7:00 am ET · Last extended-hours $8.35 0.00%
Open$8.42
Prev close$8.41
Day range$8.32 – $8.54
Volume306.1K
Market cap$546.71M
P/E (TTM)11.4
Dividend yield2.40%

Average implied volatility across the listed chain right now: 193%. Implied volatility measures how big a price swing the options market is pricing in — there is no fixed “normal” level, it varies a lot by stock.

Open interest by strike

2.505.007.50101315CallsPuts

Nearest listed expiry only. Calls above the line, puts below — clusters mark strikes where the market has built up the most open positions.

Implied volatility by strike

-63%189%441%693%2.507.5015CallsPuts

The “volatility smile”: strikes far from the current price often price in richer implied volatility than at-the-money strikes.

Calls

ExpiryStrikeLastBid/AskVolumeOpen interestIV
16 Oct 2026 $7.50 $0.97 $0.70/$1.45 0 3 114%
16 Oct 2026 $10.00 $0.02 $0.00/$0.20 0 3 70%
16 Oct 2026 $5.00 $3.42 $2.90/$4.10 0 0 279%
16 Oct 2026 $12.50 $0.00 $0.00/$0.75 0 0 102%
16 Oct 2026 $2.50 $5.91 $5.30/$6.80 0 0 630%
16 Oct 2026 $15.00 $0.00 $0.00/$0.05 0 0 110%

Puts

ExpiryStrikeLastBid/AskVolumeOpen interestIV
16 Oct 2026 $7.50 $0.05 $0.00/$0.10 0 40 63%
16 Oct 2026 $10.00 $1.60 $1.10/$1.85 0 0 0%
16 Oct 2026 $5.00 $0.00 $0.00/$0.75 0 0 140%
16 Oct 2026 $12.50 $4.09 $3.40/$4.60 0 0 0%
16 Oct 2026 $2.50 $0.00 $0.00/$0.75 0 0 229%
16 Oct 2026 $15.00 $6.59 $5.70/$7.20 0 0 0%

Open interest = contracts currently outstanding (not yet closed out). Higher open interest generally means a strike/expiry is more actively traded and easier to get in and out of.

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