Novagold Resources (NG) Options Chain

NYSE: NGBasic MaterialsPrecious MetalsUSD

6.71+0.43 (+6.85%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $6.71
Put/call ratio (OI): 0.22
Put/call ratio (volume): 0.30
ATM implied volatility: 62.5%
Expected move: ±$1.81
Open interest (C / P): 26.45K / 5.71K

NG options summary

The NG options chain for the December 18, 2026 expiration lists 19 call and 16 put contracts, with 68 days until expiration. Open interest stands at 26,455 calls and 5,715 puts, a put/call ratio of 0.22, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $7.00 strike is 62.5%, which implies the market expects a move of about ±$1.81 (27.0%) in Novagold Resources stock by expiration.

The most open interest sits at the $12.00 call (4.41K contracts) and the $7.00 put (2.19K contracts).

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

NG options chain · December 18, 2026

NG 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
8	1	—	4.85	6.60	7.60	1.00	—	—	—	—	—	—
32	3	266.0%	6.15	4.30	5.00	2.00	0.00	0.25	0.13	206.3%	4	41
221	2	207.8%	5.35	3.30	4.10	3.00	0.00	0.35	0.06	157.8%	2	3
479	2	123.0%	2.56	2.35	2.95	4.00	0.00	0.30	0.13	105.1%	15	29
1,376	5	75.4%	1.75	1.75	2.05	5.00	0.05	0.30	0.28	73.0%	6	900
892	32	67.6%	1.13	1.05	1.25	6.00	0.35	0.55	0.40	68.6%	1	703
NG $6.71
1,368	124	66.4%	0.65	0.60	0.70	7.00	0.75	0.95	0.90	58.6%	1	2,185
3,037	24	68.8%	0.35	0.35	0.40	8.00	1.55	1.70	1.62	65.0%	2	719
3,127	49	82.8%	0.20	0.20	0.45	9.00	2.35	2.75	2.75	75.8%	100	577
3,573	65	72.5%	0.15	0.10	0.15	10.00	3.30	3.70	3.31	84.6%	1	403
2,359	50	79.3%	0.12	0.05	0.15	11.00	4.10	4.70	4.00	81.3%	10	73
4,411	5	83.6%	0.06	0.05	0.10	12.00	5.10	5.70	5.00	91.0%	10	79
247	3	97.7%	0.11	0.00	0.20	13.00	—	—	—	—	—	—
293	2	115.2%	0.08	0.00	0.30	14.00	4.80	5.30	8.23	—	—	2
3,113	2	112.5%	0.20	0.00	0.20	15.00	8.10	8.70	8.35	114.8%	12	0
100	1	129.3%	0.18	0.00	0.30	16.00	6.60	7.10	10.20	—	—	0
0	50	50.0%	0.55	0.00	0.00	17.00	7.60	8.40	10.95	—	2	0
99	28	130.5%	0.10	0.00	0.20	18.00	—	—	—	—	—	—
1,720	100	146.5%	0.15	0.00	0.25	20.00	7.30	8.30	10.04	—	—	1

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 NG put/call ratio?

For the December 18, 2026 expiration, the NG put/call ratio based on open interest is 0.22 (5,715 puts vs 26,455 calls), and 0.30 based on today's volume. A ratio above 1 means more puts than calls.

What is NG's implied volatility?

At-the-money implied volatility for NG options expiring December 18, 2026 is about 62.5%, an annualized estimate of how much the market expects Novagold Resources stock to move.

How many NG option expiration dates are there?

NG 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.