Equinor ASA (EQNR) Options Chain

NYSE: EQNREnergyIntegrated oil CompaniesUSD

43.01+0.08 (+0.19%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $43.01
Put/call ratio (OI): 0.39
Put/call ratio (volume): 2.94
ATM implied volatility: 39.6%
Expected move: ±$19.28
Open interest (C / P): 5.15K / 2.00K

EQNR options summary

The EQNR options chain for the January 21, 2028 expiration lists 15 call and 13 put contracts, with 468 days until expiration. Open interest stands at 5,154 calls and 2,001 puts, a put/call ratio of 0.39, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $45.00 strike is 39.6%, which implies the market expects a move of about ±$19.28 (44.8%) in Equinor ASA stock by expiration.

The most open interest sits at the $40.00 call (1.54K contracts) and the $27.00 put (561 contracts).

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

EQNR options chain · January 21, 2028

EQNR 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
1	2	112.5%	29.81	27.50	32.50	13.00	—	—	—	—	—	—
0	2	—	26.20	0.00	0.00	15.00	0.00	0.45	0.30	52.5%	10	181
13	2	—	5.70	6.50	10.20	18.00	0.10	0.55	0.15	53.5%	10	171
0	2	—	22.00	0.00	0.00	20.00	0.15	0.75	0.40	51.7%	1	71
119	2	60.7%	20.25	19.00	22.80	22.00	0.00	1.60	0.55	58.4%	5	510
340	2	51.7%	17.40	16.30	19.80	25.00	0.00	2.40	1.18	58.0%	2	52
0	31	—	14.05	0.00	0.00	27.00	0.05	3.90	1.25	65.2%	20	561
415	1	52.5%	13.63	13.60	16.50	30.00	0.00	0.00	1.95	6.3%	1	0
274	4	50.4%	13.50	12.20	15.00	32.00	0.00	2.65	2.19	40.6%	10	158
729	4	46.4%	10.41	9.80	12.70	35.00	0.00	0.00	4.02	3.1%	3	0
1,541	3	42.5%	8.83	7.60	9.50	40.00	4.20	5.90	5.10	39.3%	20	127
EQNR $43.01
226	12	41.4%	6.00	5.70	7.20	45.00	6.70	8.50	7.70	37.8%	2	117
474	8	46.2%	4.05	2.30	6.50	50.00	9.30	13.40	16.80	45.8%	150	51
87	1	39.8%	3.20	1.05	4.00	55.00	—	—	—	—	—	—
935	4	41.4%	2.30	1.90	3.30	60.00	15.50	20.20	18.40	40.9%	1	2

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 EQNR put/call ratio?

For the January 21, 2028 expiration, the EQNR put/call ratio based on open interest is 0.39 (2,001 puts vs 5,154 calls), and 2.94 based on today's volume. A ratio above 1 means more puts than calls.

What is EQNR's implied volatility?

At-the-money implied volatility for EQNR options expiring January 21, 2028 is about 39.6%, an annualized estimate of how much the market expects Equinor ASA stock to move.

How many EQNR option expiration dates are there?

EQNR has 10 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.