NET Power (NPWR) Options Chain
NYSE: NPWREnergyIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 40
- Share price
- $1.23
- Put/call ratio (OI)
- 0.08
- Put/call ratio (volume)
- 2.08
- ATM implied volatility
- 172.7%
- Expected move
- ±$0.703
- Open interest (C / P)
- 823 / 65
NPWR options summary
The NPWR options chain for the November 20, 2026 expiration lists 3 call and 1 put contracts, with 40 days until expiration. Open interest stands at 823 calls and 65 puts, a put/call ratio of 0.08, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $2.50 strike is 172.7%, which implies the market expects a move of about ±$0.703 (57.2%) in NET Power stock by expiration.
The most open interest sits at the $2.50 call (514 contracts) and the $2.50 put (65 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
NPWR options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 0.05 | 0.00 | 0.10 | 2.50 | 0.95 | 1.70 | 0.75 | |||||
| 0.05 | 0.00 | 0.25 | 5.00 | — | — | — | |||||
| 0.05 | 0.00 | 0.00 | 7.50 | — | — | — | |||||
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 NPWR put/call ratio?
For the November 20, 2026 expiration, the NPWR put/call ratio based on open interest is 0.08 (65 puts vs 823 calls), and 2.08 based on today's volume. A ratio above 1 means more puts than calls.
What is NPWR's implied volatility?
At-the-money implied volatility for NPWR options expiring November 20, 2026 is about 172.7%, an annualized estimate of how much the market expects NET Power stock to move.
How many NPWR option expiration dates are there?
NPWR has 5 listed expiration dates, from Oct 16, 2026 to Jan 21, 2028.
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.