Enbridge (ENB) Options Chain

NYSE: ENBEnergyNatural Gas DistributionUSD

46.60+0.06 (+0.13%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $46.60
Put/call ratio (OI): 0.24
Put/call ratio (volume): 0.21
ATM implied volatility: 23.1%
Expected move: ±$3.57
Open interest (C / P): 9.26K / 2.26K

ENB options summary

The ENB options chain for the November 20, 2026 expiration lists 13 call and 9 put contracts, with 40 days until expiration. Open interest stands at 9,258 calls and 2,258 puts, a put/call ratio of 0.24, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $47.50 strike is 23.1%, which implies the market expects a move of about ±$3.57 (7.7%) in Enbridge stock by expiration.

The most open interest sits at the $52.50 call (6.69K contracts) and the $45.00 put (953 contracts).

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

ENB options chain · November 20, 2026

ENB 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
4	1	115.1%	16.60	15.70	17.50	30.00	—	—	—	—	—	—
1	2	98.9%	14.05	13.20	15.00	32.50	—	—	—	—	—	—
5	3	83.6%	13.20	10.70	12.50	35.00	—	—	—	—	—	—
4	1	69.0%	10.70	8.20	10.00	37.50	—	—	—	—	—	—
32	4	54.8%	6.10	5.90	7.50	40.00	0.00	0.20	0.10	33.8%	1	28
15	4	38.5%	4.20	3.70	4.90	42.50	0.15	0.30	0.21	26.3%	3	113
177	23	21.2%	2.13	2.05	2.25	45.00	0.65	0.80	0.71	23.9%	24	953
ENB $46.60
670	26	19.9%	0.75	0.70	0.85	47.50	1.35	2.15	1.85	26.4%	1	696
1,012	67	20.2%	0.19	0.05	0.25	50.00	3.70	4.30	4.19	34.0%	10	409
6,694	39	22.9%	0.05	0.00	0.10	52.50	5.90	6.90	6.90	46.8%	3	41
407	28	32.3%	0.02	0.00	0.15	55.00	8.00	10.30	9.40	50.7%	3	18
188	10	31.8%	0.03	0.00	0.05	57.50	0.00	0.00	6.81	—	—	0
49	5	53.9%	0.05	0.00	0.35	60.00	12.70	15.30	10.10	62.2%	—	0

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 ENB put/call ratio?

For the November 20, 2026 expiration, the ENB put/call ratio based on open interest is 0.24 (2,258 puts vs 9,258 calls), and 0.21 based on today's volume. A ratio above 1 means more puts than calls.

What is ENB's implied volatility?

At-the-money implied volatility for ENB options expiring November 20, 2026 is about 23.1%, an annualized estimate of how much the market expects Enbridge stock to move.

How many ENB option expiration dates are there?

ENB has 7 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.