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 21, 2028
Days to expiration: 468
Share price: $46.60
Put/call ratio (OI): 0.33
Put/call ratio (volume): 0.59
ATM implied volatility: 23.5%
Expected move: ±$12.41
Open interest (C / P): 7.35K / 2.41K

ENB options summary

The ENB options chain for the January 21, 2028 expiration lists 20 call and 19 put contracts, with 468 days until expiration. Open interest stands at 7,351 calls and 2,411 puts, a put/call ratio of 0.33, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $47.50 strike is 23.5%, which implies the market expects a move of about ±$12.41 (26.6%) in Enbridge stock by expiration.

The most open interest sits at the $60.00 call (2.03K contracts) and the $40.00 put (520 contracts).

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

ENB options chain · January 21, 2028

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
11	2	62.2%	21.00	19.00	24.00	25.00	0.00	0.00	0.25	12.5%	7	0
0	2	—	24.20	0.00	0.00	27.50	0.00	0.00	0.12	12.5%	5	0
0	10	—	22.60	0.00	0.00	30.00	0.00	0.00	0.20	6.3%	25	0
0	2	—	18.50	0.00	0.00	32.50	0.00	0.00	0.40	6.3%	30	0
2	2	62.7%	19.90	13.00	18.00	35.00	0.55	1.25	0.85	27.8%	15	39
0	2	—	13.90	0.00	0.00	37.50	0.90	1.55	1.30	25.4%	6	251
83	16	26.4%	7.32	6.40	9.10	40.00	1.20	3.70	1.70	33.3%	5	520
140	1	28.0%	5.57	4.70	7.90	42.50	1.80	2.80	2.40	22.7%	2	61
326	122	29.9%	4.38	3.60	7.00	45.00	2.40	4.00	3.28	23.1%	1	324
ENB $46.60
419	3	19.0%	3.30	2.80	3.60	47.50	2.00	6.40	4.40	28.1%	2	158
1,233	1	19.2%	2.31	2.10	2.70	50.00	3.70	7.90	6.40	27.8%	5	474
362	11	18.6%	1.55	1.35	1.85	52.50	6.10	8.40	6.00	21.9%	1	265
957	11	17.9%	1.14	0.95	1.20	55.00	7.00	12.00	7.05	30.8%	63	121
298	1	18.1%	0.70	0.45	0.85	57.50	9.00	14.00	10.50	31.3%	3	89
2,030	2	28.2%	0.50	0.45	2.05	60.00	11.50	16.50	11.16	34.0%	1	43
135	1	26.2%	0.62	0.30	1.35	62.50	0.00	0.00	12.10	—	2	0
650	10	22.2%	0.25	0.20	0.60	65.00	12.50	15.90	11.10	—	2	66
629	101	22.6%	0.20	0.15	0.35	70.00	0.00	0.00	14.43	—	2	0
50	1	39.7%	0.20	0.00	1.95	75.00	0.00	0.00	23.40	—	—	0
26	1	42.5%	0.25	0.00	1.90	80.00	—	—	—	—	—	—

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 ENB put/call ratio?

For the January 21, 2028 expiration, the ENB put/call ratio based on open interest is 0.33 (2,411 puts vs 7,351 calls), and 0.59 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 21, 2028 is about 23.5%, 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.