NextDecade (NEXT) Options Chain

NASDAQ: NEXTUtilitiesOil & Gas ProductionUSD

6.62-0.13 (-1.93%)

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

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 7
Share price: $6.62
Put/call ratio (OI): 0.34
Put/call ratio (volume): 0.82
ATM implied volatility: 59.8%
Expected move: ±$0.5479
Open interest (C / P): 17.84K / 5.99K

NEXT options summary

The NEXT options chain for the October 16, 2026 expiration lists 14 call and 11 put contracts, with 7 days until expiration. Open interest stands at 17,840 calls and 5,989 puts, a put/call ratio of 0.34, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $7.00 strike is 59.8%, which implies the market expects a move of about ±$0.5479 (8.3%) in NextDecade stock by expiration.

The most open interest sits at the $8.00 call (7.90K contracts) and the $7.00 put (3.07K contracts).

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

NEXT options chain · October 16, 2026

NEXT 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	4	—	6.50	6.30	7.60	1.00	—	—	—	—	—	—
3	2	4000.0%	5.40	5.80	7.40	2.00	0.00	0.30	0.05	675.0%	1	1
6	5	2250.0%	4.69	5.40	6.80	3.00	0.00	0.40	0.10	510.9%	2	10
34	2	271.9%	2.30	2.40	3.00	4.00	0.00	0.20	0.09	287.5%	1	329
43	1	187.5%	2.74	1.40	2.05	5.00	0.00	0.10	0.03	151.6%	2	394
331	23	59.4%	0.60	0.55	0.75	6.00	0.00	0.10	0.05	70.3%	4	754
NEXT $6.62
5,231	20	64.8%	0.05	0.05	0.15	7.00	0.40	0.45	0.45	54.7%	51	3,067
7,901	1	89.1%	0.03	0.00	0.05	8.00	1.10	1.60	1.36	175.8%	12	1,282
1,200	3	179.7%	0.05	0.00	0.20	9.00	1.95	2.70	2.42	266.4%	2	149
455	3	164.1%	0.02	0.00	0.05	10.00	3.00	3.70	3.04	314.1%	1	2
0	2	50.0%	0.10	0.00	0.00	11.00	2.90	3.60	3.72	—	—	1
529	1	300.0%	0.05	0.00	0.25	12.00	—	—	—	—	—	—
0	1	50.0%	0.08	0.00	0.00	13.00	—	—	—	—	—	—
2,103	25	375.0%	0.01	0.00	0.25	15.00	8.00	8.70	8.20	473.4%	—	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 NEXT put/call ratio?

For the October 16, 2026 expiration, the NEXT put/call ratio based on open interest is 0.34 (5,989 puts vs 17,840 calls), and 0.82 based on today's volume. A ratio above 1 means more puts than calls.

What is NEXT's implied volatility?

At-the-money implied volatility for NEXT options expiring October 16, 2026 is about 59.8%, an annualized estimate of how much the market expects NextDecade stock to move.

How many NEXT option expiration dates are there?

NEXT has 6 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.