Looking at Nordic American Tankers(NAT)

We took a great entry position, trading the 2027 $2.50 Strike calls in Nordic American Tankers (NAT).  Here is some information on NAT to support your due dilligencec

NAT is a prominent international tanker company specializing in the ownership and operation of Suezmax crude oil tankers. Here are key details about the company:

1. NAT was incorporated in Bermuda in 1995 and is headquartered in Hamilton, Bermuda.
2. The company operates a fleet of 20 Suezmax crude oil tankers, each capable of carrying up to 1 million barrels of oil.
3. NAT's business model focuses on simplicity, transparency, and predictability, ensuring a sustainable strategy in both strong and weak markets.
4. The company has been publicly listed on the New York Stock Exchange (NYSE) since September 1995 under the ticker symbol NAT.
5. NAT has a unique record of over 100 consecutive quarterly dividend declarations to shareholders. As of January 2025, it declared its 109th consecutive quarterly dividend of $0.04 per share, payable on January 16, 2025.
6. The company reported a net income of $8.7 million ($0.04 per share) for Q3 2024, up from $7.5 million in Q3 2023.
7. NAT secured time-charter contracts worth approximately $125 million with international and national oil companies in Q3 2024.
8. The company's fleet achieved an average time charter equivalent of $30,656 per day per ship, with daily operating costs around $9,000.
9. NAT emphasizes its non-participation in 'dark fleet' operations and avoidance of Suez Canal routes.