TRMD Option Overview

1.53K calls and 657 puts traded on Nov 4, 2026, 2.18K contracts in total. Open interest was 28.55K contracts. Over the past 30 days, volume averaged 1.66K contracts per day. The TRMD option volume chart shows volume by strike and expiration date.

TORM IV rank is 21, so its 30-day implied volatility of 54.5% is in the lower part of its one-year range. Over the past year it ranged from 21.1% on Nov 12, 2025 to 182.1% on Jul 17, 2026. See the TRMD implied volatility history for a longer view.

The TORM put/call volume ratio was 0.43 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 1.98. The TRMD open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for TORM options about one week from expiration was $40.09, 6.5% above the $37.64 close. The TRMD max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 58.1%, options price a move of about ±$3.03 (±8.0%) over the next week, a range of roughly $34.61 to $40.67 from the Nov 4, 2026 close. The TRMD expected move chart shows it for every expiration date.