NET Power (NPWR) Options Chain

NYSE: NPWREnergyIndustrial Machinery/ComponentsUSD

1.23-0.01 (-0.81%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 467
Share price: $1.23
Put/call ratio (OI): 0.06
Put/call ratio (volume): 2.54
ATM implied volatility: 133.0%
Expected move: ±$1.85
Open interest (C / P): 7.72K / 498

NPWR options summary

The NPWR options chain for the January 21, 2028 expiration lists 7 call and 7 put contracts, with 467 days until expiration. Open interest stands at 7,725 calls and 498 puts, a put/call ratio of 0.06, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $1.00 strike is 133.0%, which implies the market expects a move of about ±$1.85 (150.5%) in NET Power stock by expiration.

The most open interest sits at the $7.50 call (3.42K contracts) and the $2.00 put (263 contracts).

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

NPWR options chain · January 21, 2028

NPWR 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
0	1	—	1.52	0.00	0.00	0.50	0.00	1.00	0.05	—	2	13
145	50	112.1%	0.80	0.40	0.90	1.00	0.10	1.05	0.50	153.9%	1	77
NPWR $1.23
473	20	169.9%	0.60	0.30	1.25	1.50	0.40	1.30	0.60	124.6%	3	103
211	5	150.8%	0.55	0.25	1.00	2.00	0.95	1.70	1.30	136.3%	51	263
2,425	19	137.5%	0.50	0.15	0.85	2.50	0.00	0.00	1.60	—	70	0
1,052	1	137.9%	0.50	0.15	0.50	5.00	3.10	4.10	3.30	139.1%	2	0
3,419	1	154.3%	0.65	0.10	0.55	7.50	5.90	6.30	6.00	84.4%	117	42

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 January 21, 2028 expiration, the NPWR put/call ratio based on open interest is 0.06 (498 puts vs 7,725 calls), and 2.54 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 January 21, 2028 is about 133.0%, 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.