Canadian Natural Resources (CNQ) Options Chain
NYSE: CNQEnergyOil & Gas ProductionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 6, 2026
- Days to expiration
- 26
- Share price
- $49.65
- Put/call ratio (OI)
- 0.03
- Put/call ratio (volume)
- 0.14
- Expected move
- ±$5.94
- Open interest (C / P)
- 79 / 2
CNQ options summary
The CNQ options chain for the November 6, 2026 expiration lists 8 call and 6 put contracts, with 26 days until expiration. Open interest stands at 79 calls and 2 puts, a put/call ratio of 0.03, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $50.00 strike is 44.8%, which implies the market expects a move of about ±$5.94 (12.0%) in Canadian Natural Resources stock by expiration.
The most open interest sits at the $52.00 call (42 contracts) and the $43.00 put (1 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
CNQ options chain · November 6, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 6.40 | — | — | 42.00 | 0.00 | 1.50 | 0.47 | |||||
| — | — | — | 43.00 | 0.00 | 0.55 | 0.60 | |||||
| — | — | — | 44.00 | — | — | 0.50 | |||||
| — | — | — | 45.00 | — | — | 0.62 | |||||
| 2.42 | 2.40 | 4.70 | 47.00 | 0.50 | 1.05 | 1.72 | |||||
| — | — | — | 48.00 | — | — | 1.40 | |||||
| 2.14 | 1.75 | 2.50 | 49.00 | — | — | — | |||||
| 1.58 | 1.35 | 2.25 | 50.00 | — | — | — | |||||
| 0.90 | 0.60 | 1.50 | 51.00 | — | — | — | |||||
| 0.65 | 0.35 | 1.10 | 52.00 | — | — | — | |||||
| 0.48 | — | — | 53.00 | — | — | — | |||||
| 1.20 | — | — | 55.00 | — | — | — | |||||
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 CNQ put/call ratio?
For the November 6, 2026 expiration, the CNQ put/call ratio based on open interest is 0.03 (2 puts vs 79 calls), and 0.14 based on today's volume. A ratio above 1 means more puts than calls.
What is CNQ's implied volatility?
At-the-money implied volatility for CNQ options expiring November 6, 2026 is about 44.8%, an annualized estimate of how much the market expects Canadian Natural Resources stock to move.
How many CNQ option expiration dates are there?
CNQ has 11 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.