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: Mar 19, 2027
Days to expiration: 160
Share price: $111.54
Put/call ratio (OI): 0.98
Put/call ratio (volume): 0.95
ATM implied volatility: 44.8%
Expected move: ±$33.05
Open interest (C / P): 1.83K / 1.80K

CF options summary

The CF options chain for the March 19, 2027 expiration lists 32 call and 28 put contracts, with 160 days until expiration. Open interest stands at 1,834 calls and 1,803 puts, a put/call ratio of 0.98, which is fairly balanced between calls and puts. At-the-money implied volatility near the $110.00 strike is 44.8%, which implies the market expects a move of about ±$33.05 (29.6%) in CF Industries stock by expiration.

The most open interest sits at the $160.00 call (287 contracts) and the $130.00 put (319 contracts).

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

CF options chain · March 19, 2027

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	1	74.6%	91.00	62.90	66.40	47.50	—	—	—	—	—	—
—	—	—	—	—	—	50.00	0.00	0.45	0.30	59.4%	10	10
—	—	—	—	—	—	55.00	0.00	0.75	0.15	57.7%	10	13
6	3	116.1%	50.76	57.00	60.50	60.00	0.05	0.45	0.65	53.1%	2	3
4	4	106.3%	48.63	52.40	55.50	65.00	0.00	0.00	1.80	12.5%	3	0
0	1	—	47.60	0.00	0.00	70.00	0.00	0.00	2.60	12.5%	2	0
14	1	64.3%	47.81	36.20	40.20	75.00	0.35	1.90	0.75	51.6%	3	12
45	1	60.3%	43.79	31.90	35.80	80.00	1.00	2.25	1.50	47.7%	1	58
10	1	54.9%	34.60	28.30	31.20	85.00	1.75	3.30	2.22	47.6%	5	24
1	1	122.7%	45.00	43.10	46.50	87.50	2.10	3.90	1.95	47.4%	1	3
32	1	52.8%	46.35	24.40	27.30	90.00	2.60	4.60	2.90	47.3%	6	83
1	1	113.7%	37.05	39.00	41.80	92.50	3.40	5.30	4.00	46.9%	1	14
0	1	—	39.60	0.00	0.00	95.00	3.80	5.90	12.20	45.8%	30	89
3	10	106.7%	33.88	35.20	37.70	97.50	5.20	7.00	4.80	46.5%	2	51
18	10	103.7%	17.50	33.30	35.90	100.00	5.80	7.20	5.80	43.4%	5	282
45	2	50.4%	16.33	15.80	17.90	105.00	7.80	9.20	7.20	42.7%	1	178
54	1	47.3%	17.09	12.80	14.60	110.00	10.60	11.60	9.60	42.2%	2	30
CF $111.54
12	2	48.7%	14.50	11.10	12.90	115.00	13.30	14.40	12.00	42.1%	13	55
130	5	49.3%	10.90	9.10	11.20	120.00	16.40	17.30	16.50	41.3%	4	130
94	6	46.3%	8.40	7.80	8.70	125.00	19.70	20.90	17.70	41.9%	4	86
147	21	46.3%	7.00	6.40	7.30	130.00	22.70	25.20	19.39	44.3%	20	319
92	8	46.3%	5.80	5.30	6.10	135.00	26.40	29.10	15.50	44.5%	51	97
109	1	46.7%	5.10	4.30	5.20	140.00	30.50	33.20	17.30	44.9%	13	99
83	2	47.0%	4.40	3.60	4.40	145.00	34.80	37.50	21.60	45.4%	2	31
265	211	47.1%	3.70	2.75	3.70	150.00	44.50	47.90	40.80	63.8%	2	30
82	7	47.2%	2.88	2.40	3.10	155.00	38.60	42.70	35.60	—	7	37
287	4	50.0%	2.95	2.00	3.10	160.00	35.40	37.50	59.40	—	156	67
71	1	50.5%	2.00	1.50	2.70	165.00	—	—	—	—	—	—
31	1	50.6%	4.80	1.30	2.30	170.00	61.60	65.10	59.73	64.0%	—	1
60	1	51.6%	1.40	0.70	2.10	175.00	54.70	58.40	60.35	—	—	1
50	12	52.8%	1.50	0.55	1.95	180.00	—	—	—	—	—	—
22	15	87.4%	7.10	6.50	10.70	185.00	—	—	—	—	—	—
11	1	56.9%	2.45	0.05	1.70	195.00	—	—	—	—	—	—
54	36	50.6%	1.30	0.05	1.60	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 March 19, 2027 expiration, the CF put/call ratio based on open interest is 0.98 (1,803 puts vs 1,834 calls), and 0.95 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 March 19, 2027 is about 44.8%, 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.