NGL ENERGY PARTNERS (NGL) Options Chain
NYSE: NGLUtilitiesNatural Gas DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 40
- Share price
- $14.74
- Put/call ratio (OI)
- 0.61
- Put/call ratio (volume)
- 1.44
- Expected move
- ±$2.86
- Open interest (C / P)
- 269 / 164
NGL options summary
The NGL options chain for the November 20, 2026 expiration lists 5 call and 5 put contracts, with 40 days until expiration. Open interest stands at 269 calls and 164 puts, a put/call ratio of 0.61, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $15.00 strike is 58.7%, which implies the market expects a move of about ±$2.86 (19.4%) in NGL ENERGY PARTNERS stock by expiration.
The most open interest sits at the $18.00 call (160 contracts) and the $15.00 put (110 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
NGL options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 10.00 | 0.00 | 0.45 | 0.11 | |||||
| 4.35 | 2.75 | 3.90 | 12.00 | 0.05 | 0.60 | 0.41 | |||||
| — | — | — | 13.00 | 0.35 | 0.90 | 0.50 | |||||
| — | — | — | 14.00 | 0.55 | 1.05 | 0.70 | |||||
| — | — | — | 15.00 | 1.05 | 1.55 | 1.29 | |||||
| 1.35 | 0.40 | 1.05 | 16.00 | — | — | — | |||||
| 0.60 | 0.20 | 0.90 | 17.00 | — | — | — | |||||
| 0.37 | 0.05 | 0.70 | 18.00 | — | — | — | |||||
| 0.25 | 0.00 | 0.40 | 21.00 | — | — | — | |||||
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 NGL put/call ratio?
For the November 20, 2026 expiration, the NGL put/call ratio based on open interest is 0.61 (164 puts vs 269 calls), and 1.44 based on today's volume. A ratio above 1 means more puts than calls.
What is NGL's implied volatility?
At-the-money implied volatility for NGL options expiring November 20, 2026 is about 58.7%, an annualized estimate of how much the market expects NGL ENERGY PARTNERS stock to move.
How many NGL option expiration dates are there?
NGL has 4 listed expiration dates, from Oct 16, 2026 to Apr 16, 2027.
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.