Cardinal Infrastructure Group (CDNL) Options Chain
NASDAQ: CDNLIndustrialsMilitary/Government/TechnicalUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 40
- Share price
- $21.12
- Put/call ratio (OI)
- 6.85
- Put/call ratio (volume)
- 1.08
- ATM implied volatility
- 101.6%
- Expected move
- ±$7.10
- Open interest (C / P)
- 13 / 89
CDNL options summary
The CDNL options chain for the November 20, 2026 expiration lists 5 call and 3 put contracts, with 40 days until expiration. Open interest stands at 13 calls and 89 puts, a put/call ratio of 6.85, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $20.00 strike is 101.6%, which implies the market expects a move of about ±$7.10 (33.6%) in Cardinal Infrastructure Group stock by expiration.
The most open interest sits at the $30.00 call (4 contracts) and the $30.00 put (55 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
CDNL options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 3.80 | 1.35 | 5.40 | 20.00 | — | — | — | |||||
| 5.11 | 0.25 | 2.20 | 25.00 | 3.00 | 7.10 | 2.91 | |||||
| 1.40 | 0.15 | 0.65 | 30.00 | 7.70 | 11.10 | 6.71 | |||||
| 0.50 | 0.00 | 1.00 | 35.00 | 12.50 | 15.70 | 12.22 | |||||
| 1.00 | 0.00 | 2.35 | 40.00 | — | — | — | |||||
In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.
Frequently asked questions
What is the CDNL put/call ratio?
For the November 20, 2026 expiration, the CDNL put/call ratio based on open interest is 6.85 (89 puts vs 13 calls), and 1.08 based on today's volume. A ratio above 1 means more puts than calls.
What is CDNL's implied volatility?
At-the-money implied volatility for CDNL options expiring November 20, 2026 is about 101.6%, an annualized estimate of how much the market expects Cardinal Infrastructure Group stock to move.
How many CDNL option expiration dates are there?
CDNL has 4 listed expiration dates, from Oct 16, 2026 to Apr 16, 2027.
What does "in the money" mean?
A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.