NRG Energy (NRG) Options Chain

NYSE: NRGUtilitiesElectric Utilities: CentralUSD

107.97+1.65 (+1.55%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $107.97
Put/call ratio (OI): 0.13
Put/call ratio (volume): 0.34
ATM implied volatility: 55.2%
Expected move: ±$19.73
Open interest (C / P): 13.99K / 1.77K

NRG options summary

The NRG options chain for the November 20, 2026 expiration lists 16 call and 11 put contracts, with 40 days until expiration. Open interest stands at 13,987 calls and 1,767 puts, a put/call ratio of 0.13, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $110.00 strike is 55.2%, which implies the market expects a move of about ±$19.73 (18.3%) in NRG Energy stock by expiration.

The most open interest sits at the $120.00 call (10.90K contracts) and the $90.00 put (308 contracts).

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

NRG options chain · November 20, 2026

NRG 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
1	—	134.9%	34.50	46.30	49.60	60.00	0.00	0.50	0.22	90.9%	—	36
—	—	—	—	—	—	70.00	0.00	0.20	0.09	60.4%	1	113
1	1	81.4%	29.70	31.50	34.00	75.00	0.00	0.35	0.34	56.5%	1	154
—	—	—	—	—	—	80.00	0.35	0.65	0.56	58.5%	2	60
1	—	66.4%	16.30	22.30	24.50	85.00	0.80	1.00	0.97	56.7%	13	225
57	10	51.6%	18.73	18.10	20.40	90.00	1.50	1.85	1.73	56.6%	22	308
138	10	51.6%	14.93	14.30	16.30	95.00	2.60	2.95	2.75	55.8%	24	198
239	3	52.5%	11.95	11.20	12.70	100.00	4.10	4.70	4.70	55.8%	33	291
1,162	73	54.0%	7.90	8.70	9.80	105.00	6.20	6.90	6.51	55.9%	22	145
NRG $107.97
856	214	54.1%	6.78	6.50	7.30	110.00	8.80	9.70	9.50	56.3%	25	230
227	32	54.3%	4.90	4.70	5.40	115.00	—	—	—	—	—	—
10,905	36	54.7%	3.80	3.40	3.90	120.00	15.40	17.10	17.22	59.1%	2	7
177	1	57.3%	2.57	2.40	3.30	125.00	—	—	—	—	—	—
187	22	56.1%	1.85	1.70	2.10	130.00	—	—	—	—	—	—
13	12	57.9%	1.45	1.10	1.80	135.00	—	—	—	—	—	—
12	10	57.6%	1.00	0.60	1.35	140.00	—	—	—	—	—	—
8	2	58.8%	0.73	0.50	0.95	145.00	—	—	—	—	—	—
3	3	60.8%	0.45	0.05	0.75	155.00	—	—	—	—	—	—

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 NRG put/call ratio?

For the November 20, 2026 expiration, the NRG put/call ratio based on open interest is 0.13 (1,767 puts vs 13,987 calls), and 0.34 based on today's volume. A ratio above 1 means more puts than calls.

What is NRG's implied volatility?

At-the-money implied volatility for NRG options expiring November 20, 2026 is about 55.2%, an annualized estimate of how much the market expects NRG Energy stock to move.

How many NRG option expiration dates are there?

NRG has 13 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.