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: Dec 18, 2026
Days to expiration: 69
Share price: $111.54
Put/call ratio (OI): 0.47
Put/call ratio (volume): 0.76
ATM implied volatility: 46.5%
Expected move: ±$22.54
Open interest (C / P): 4.77K / 2.24K

CF options summary

The CF options chain for the December 18, 2026 expiration lists 34 call and 30 put contracts, with 69 days until expiration. Open interest stands at 4,766 calls and 2,242 puts, a put/call ratio of 0.47, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $110.00 strike is 46.5%, which implies the market expects a move of about ±$22.54 (20.2%) in CF Industries stock by expiration.

The most open interest sits at the $155.00 call (1.23K contracts) and the $105.00 put (792 contracts).

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

CF options chain · December 18, 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
1	—	429.9%	52.20	88.10	92.00	40.00	0.00	0.00	0.25	50.0%	2	0
—	—	—	—	—	—	47.50	0.00	2.60	1.27	132.9%	—	1
—	—	—	—	—	—	50.00	0.00	1.35	0.11	109.2%	11	107
—	—	—	—	—	—	55.00	0.00	3.00	2.04	116.9%	—	1
1	1	—	25.70	37.00	40.20	60.00	0.00	0.45	0.29	71.4%	1	4
—	—	—	—	—	—	65.00	0.00	0.75	0.11	69.0%	1	31
—	—	—	—	—	—	67.50	0.75	1.85	1.55	84.9%	10	84
3	—	239.3%	54.55	58.50	61.90	70.00	0.00	0.00	1.34	25.0%	2	0
2	5	57.4%	39.63	35.10	39.10	75.00	0.00	0.75	0.21	52.9%	1	2
1	—	—	10.25	20.00	23.80	77.50	0.00	0.00	0.34	12.5%	1	0
5	1	69.2%	36.22	30.20	33.50	80.00	0.05	0.80	0.32	53.9%	1	245
1	—	—	8.20	17.40	19.40	82.50	0.05	0.70	0.65	48.3%	1	128
2	1	106.1%	56.55	32.80	35.70	85.00	0.00	0.00	0.73	12.5%	2	0
16	3	59.8%	29.92	23.60	26.50	87.50	0.35	1.15	3.28	46.6%	3	5
98	5	50.2%	28.00	22.50	24.40	90.00	0.95	1.55	1.25	46.7%	1	134
0	1	—	27.12	0.00	0.00	92.50	1.00	1.80	0.84	44.8%	1	3
9	4	54.5%	39.99	17.70	20.20	95.00	1.75	2.45	2.06	45.6%	1	51
14	7	53.4%	37.45	15.80	18.30	97.50	2.35	2.80	2.35	43.5%	5	15
54	1	53.0%	20.40	14.20	16.60	100.00	3.00	3.50	3.30	43.3%	13	64
53	1	49.6%	14.00	10.80	13.00	105.00	4.70	5.30	4.05	43.2%	2	792
205	2	49.8%	9.20	8.80	10.40	110.00	7.10	7.60	5.10	43.2%	2	94
CF $111.54
85	11	44.6%	7.70	5.70	7.20	115.00	9.80	10.40	10.12	43.3%	7	257
135	4	44.6%	7.80	5.00	5.40	120.00	12.50	13.70	9.40	43.8%	1	56
331	3	45.3%	3.60	3.60	4.10	125.00	15.70	18.10	13.40	48.3%	1	95
464	5	45.3%	2.60	2.65	3.00	130.00	19.80	22.00	11.70	48.7%	11	25
177	1	49.8%	2.23	1.70	2.80	135.00	23.80	26.40	22.70	50.8%	1	12
144	2	47.5%	1.52	1.25	1.80	140.00	28.30	30.80	14.60	51.8%	2	12
232	1	50.3%	1.45	1.00	1.60	145.00	33.00	35.60	19.00	55.0%	2	16
787	2	52.7%	1.30	0.55	1.40	150.00	37.70	40.70	21.40	60.4%	—	5
1,226	5	50.5%	1.20	0.50	1.25	155.00	28.30	30.70	38.44	—	—	3
265	2	55.1%	0.90	0.10	0.95	160.00	—	—	—	—	—	—
46	3	50.8%	0.65	0.00	0.95	165.00	—	—	—	—	—	—
60	10	52.2%	0.60	0.00	0.80	170.00	—	—	—	—	—	—
42	17	54.4%	0.65	0.00	0.75	175.00	—	—	—	—	—	—
106	10	57.1%	0.40	0.00	0.75	180.00	—	—	—	—	—	—
100	—	59.7%	1.90	0.00	0.75	185.00	—	—	—	—	—	—
47	1	62.8%	1.72	0.00	0.80	190.00	—	—	—	—	—	—
12	1	75.8%	0.75	0.45	1.40	195.00	—	—	—	—	—	—
42	3	67.6%	0.21	0.00	0.80	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 December 18, 2026 expiration, the CF put/call ratio based on open interest is 0.47 (2,242 puts vs 4,766 calls), and 0.76 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 December 18, 2026 is about 46.5%, 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.