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: Jan 15, 2027
Days to expiration: 96
Share price: $46.60
Put/call ratio (OI): 0.39
Put/call ratio (volume): 1.74
ATM implied volatility: 21.1%
Expected move: ±$5.05
Open interest (C / P): 18.18K / 7.17K

ENB options summary

The ENB options chain for the January 15, 2027 expiration lists 21 call and 20 put contracts, with 96 days until expiration. Open interest stands at 18,179 calls and 7,172 puts, a put/call ratio of 0.39, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $47.50 strike is 21.1%, which implies the market expects a move of about ±$5.05 (10.8%) in Enbridge stock by expiration.

The most open interest sits at the $60.00 call (5.00K contracts) and the $47.50 put (1.47K contracts).

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

ENB options chain · January 15, 2027

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
0	2	127.8%	27.06	23.00	28.00	22.50	0.00	0.15	0.05	67.6%	95	597
0	2	—	31.20	0.00	0.00	25.00	0.00	0.20	0.10	61.5%	1	27
0	102	129.9%	20.40	19.50	24.40	27.50	0.00	0.40	0.01	60.2%	50	111
1	2	228.8%	26.10	25.20	27.50	30.00	0.00	0.00	0.10	25.0%	9	0
0	2	168.0%	14.03	19.90	22.80	32.50	0.00	0.35	0.20	49.4%	4	185
0	6	—	16.30	0.00	0.00	35.00	0.05	0.20	0.13	36.0%	2	443
18	1	48.4%	10.90	8.30	10.20	37.50	0.00	0.40	0.50	34.6%	1	316
220	2	35.6%	7.00	6.00	7.50	40.00	0.05	0.30	0.32	24.5%	5	380
178	5	25.0%	4.56	3.80	4.90	42.50	0.30	0.65	0.55	22.9%	134	1,292
762	1	22.3%	2.60	2.25	3.00	45.00	1.15	1.25	1.25	20.7%	112	1,006
ENB $46.60
1,661	111	19.3%	1.31	1.30	1.45	47.50	2.20	2.70	2.45	23.0%	38	1,470
4,916	27	18.3%	0.54	0.50	0.60	50.00	3.90	4.60	4.80	25.7%	1	871
1,495	1	18.8%	0.25	0.15	0.25	52.50	6.10	7.00	7.36	31.8%	30	161
2,315	1	21.0%	0.15	0.10	0.15	55.00	8.50	9.40	9.40	36.7%	1	168
1,002	1	29.5%	0.10	0.05	0.30	57.50	10.50	12.30	11.85	48.0%	1	142
4,998	4	29.1%	0.05	0.00	0.15	60.00	0.00	0.00	9.40	—	10	0
228	1	34.6%	0.10	0.00	0.20	62.50	15.20	17.70	12.55	63.9%	—	1
192	1	33.6%	0.18	0.00	0.10	65.00	17.70	20.20	14.85	68.7%	—	1
191	4	39.5%	0.05	0.00	0.10	70.00	18.80	21.00	14.99	—	1	1
2	1	56.0%	0.10	0.00	0.35	75.00	—	—	—	—	—	—
0	8	25.0%	0.08	0.00	0.00	80.00	32.60	35.20	29.85	66.3%	—	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 January 15, 2027 expiration, the ENB put/call ratio based on open interest is 0.39 (7,172 puts vs 18,179 calls), and 1.74 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 January 15, 2027 is about 21.1%, 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.