Canadian National Railway (CNI) Options Chain
NYSE: CNIIndustrialsRailroadsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Feb 19, 2027
- Days to expiration
- 131
- Share price
- $117.78
- Put/call ratio (OI)
- 8.09
- Put/call ratio (volume)
- 11.00
- Expected move
- ±$8.64
- Open interest (C / P)
- 22 / 178
CNI options summary
The CNI options chain for the February 19, 2027 expiration lists 6 call and 5 put contracts, with 131 days until expiration. Open interest stands at 22 calls and 178 puts, a put/call ratio of 8.09, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $120.00 strike is 12.3%, which implies the market expects a move of about ±$8.64 (7.3%) in Canadian National Railway stock by expiration.
The most open interest sits at the $125.00 call (15 contracts) and the $120.00 put (79 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
CNI options chain · February 19, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 30.10 | 17.90 | 20.70 | 100.00 | — | — | — | |||||
| 19.30 | 0.00 | 0.00 | 110.00 | 1.60 | 4.20 | 3.10 | |||||
| — | — | — | 115.00 | 3.90 | 6.30 | 5.10 | |||||
| 14.25 | 0.00 | 0.00 | 120.00 | 6.20 | 7.90 | 4.60 | |||||
| 5.05 | 2.70 | 5.10 | 125.00 | 8.20 | 11.10 | 5.80 | |||||
| 4.30 | 0.70 | 4.10 | 130.00 | 13.00 | 14.90 | 8.30 | |||||
| 2.65 | 0.35 | 1.20 | 140.00 | — | — | — | |||||
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 February 19, 2027 expiration, the CNI put/call ratio based on open interest is 8.09 (178 puts vs 22 calls), and 11.00 based on today's volume. A ratio above 1 means more puts than calls.
What is CNI's implied volatility?
At-the-money implied volatility for CNI options expiring February 19, 2027 is about 12.3%, 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.