Canadian National Railway (CNI) Options Chain
NYSE: CNIIndustrialsRailroadsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Dec 18, 2026
- Days to expiration
- 68
- Share price
- $117.78
- Put/call ratio (OI)
- 16.50
- Expected move
- ±$11.61
- Open interest (C / P)
- 2 / 33
CNI options summary
The CNI options chain for the December 18, 2026 expiration lists 2 call and 2 put contracts, with 68 days until expiration. Open interest stands at 2 calls and 33 puts, a put/call ratio of 16.50, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $120.00 strike is 22.8%, which implies the market expects a move of about ±$11.61 (9.9%) in Canadian National Railway stock by expiration.
The most open interest sits at the $130.00 call (2 contracts) and the $110.00 put (28 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
CNI options chain · December 18, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 110.00 | 1.15 | 2.05 | 1.70 | |||||
| 5.90 | — | — | 115.00 | — | — | — | |||||
| — | — | — | 120.00 | 4.90 | 5.90 | 3.87 | |||||
| 1.55 | 0.00 | 1.75 | 130.00 | — | — | — | |||||
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 CNI put/call ratio?
For the December 18, 2026 expiration, the CNI put/call ratio based on open interest is 16.50 (33 puts vs 2 calls). A ratio above 1 means more puts than calls.
What is CNI's implied volatility?
At-the-money implied volatility for CNI options expiring December 18, 2026 is about 22.8%, an annualized estimate of how much the market expects Canadian National Railway stock to move.
How many CNI option expiration dates are there?
CNI has 7 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.