CF Industries (CF) Options Chain

NYSE: CFIndustrialsAgricultural ChemicalsUSD

111.54-2.04 (-1.80%)

At close: Oct 9, 4:01 PM ET · Delayed 15 min

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $111.54
Put/call ratio (OI): 1.04
Put/call ratio (volume): 0.93
ATM implied volatility: 47.1%
Expected move: ±$17.40
Open interest (C / P): 7.82K / 8.14K

CF options summary

The CF options chain for the November 20, 2026 expiration lists 27 call and 21 put contracts, with 40 days until expiration. Open interest stands at 7,824 calls and 8,138 puts, a put/call ratio of 1.04, which is fairly balanced between calls and puts. At-the-money implied volatility near the $110.00 strike is 47.1%, which implies the market expects a move of about ±$17.40 (15.6%) in CF Industries stock by expiration.

The most open interest sits at the $150.00 call (1.80K contracts) and the $105.00 put (3.67K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

CF options chain · November 20, 2026

CF calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
—	—	—	—	—	—	60.00	0.00	0.40	0.20	91.6%	1	14
1	—	300.5%	69.60	60.00	63.10	65.00	0.00	0.40	0.03	81.0%	3	5
—	—	—	—	—	—	70.00	0.00	0.75	0.30	79.3%	3	14
2	—	283.9%	49.94	53.60	56.50	75.00	0.00	0.75	0.10	69.2%	2	17
1	—	71.7%	60.76	30.70	34.10	80.00	0.00	0.40	1.81	53.0%	1	14
6	1	56.2%	36.20	25.90	28.40	85.00	0.05	0.75	0.20	51.1%	1	9
3	1	57.1%	27.00	21.90	23.70	90.00	0.25	0.90	0.55	51.7%	4	1,034
3	2	61.7%	21.45	16.80	19.20	95.00	0.90	1.65	0.73	51.1%	10	53
25	13	50.2%	13.50	13.50	15.10	100.00	1.95	2.35	2.15	46.6%	32	150
92	1	54.7%	23.80	9.90	11.60	105.00	3.40	3.90	3.60	46.1%	25	3,673
29	1	46.7%	7.30	7.20	7.70	110.00	5.70	6.30	5.80	47.6%	272	2,062
CF $111.54
271	19	46.9%	5.20	5.00	5.50	115.00	8.40	8.90	8.65	46.5%	8	330
1,170	130	47.0%	3.50	3.30	3.80	120.00	11.30	12.90	11.80	51.5%	2	227
352	121	46.6%	2.40	2.15	2.50	125.00	14.90	16.80	13.37	53.3%	1	129
348	3	47.4%	1.68	1.45	1.70	130.00	18.60	21.20	17.70	56.9%	1	163
1,291	29	50.0%	1.05	0.80	1.30	135.00	23.10	25.70	20.27	59.9%	1	78
258	18	50.8%	0.85	0.60	1.20	140.00	27.80	30.30	28.00	62.5%	3	124
561	2	52.6%	0.55	0.25	1.10	145.00	32.60	35.10	32.80	66.3%	3	10
1,804	1	52.9%	0.54	0.20	0.45	150.00	37.40	40.30	22.41	51.5%	1	6
1,040	1	58.0%	0.72	0.00	0.95	155.00	41.60	45.30	23.08	79.8%	25	25
66	1	59.6%	0.40	0.00	0.75	160.00	—	—	—	—	—	—
338	2	63.6%	0.37	0.00	0.75	165.00	44.00	46.70	46.90	—	—	1
72	1	67.4%	0.28	0.00	0.75	170.00	—	—	—	—	—	—
34	58	71.9%	0.27	0.00	0.80	175.00	—	—	—	—	—	—
2	1	74.6%	1.31	0.00	0.75	180.00	—	—	—	—	—	—
34	20	99.3%	1.10	0.75	1.90	185.00	—	—	—	—	—	—
12	2	81.3%	0.73	0.00	0.75	190.00	—	—	—	—	—	—
0	1	25.0%	2.60	0.00	0.00	195.00	—	—	—	—	—	—
9	1	92.4%	0.23	0.00	1.05	200.00	—	—	—	—	—	—

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 CF put/call ratio?

For the November 20, 2026 expiration, the CF put/call ratio based on open interest is 1.04 (8,138 puts vs 7,824 calls), and 0.93 based on today's volume. A ratio above 1 means more puts than calls.

What is CF's implied volatility?

At-the-money implied volatility for CF options expiring November 20, 2026 is about 47.1%, an annualized estimate of how much the market expects CF Industries stock to move.

How many CF option expiration dates are there?

CF has 15 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

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.