Northern (NTRS) Options Chain

NASDAQ: NTRSFinanceMajor BanksUSD

168.21-0.29 (-0.17%)

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

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $168.21
Put/call ratio (OI): 0.53
Put/call ratio (volume): 0.95
ATM implied volatility: 27.0%
Expected move: ±$19.61
Open interest (C / P): 2.02K / 1.08K

NTRS options summary

The NTRS options chain for the December 18, 2026 expiration lists 27 call and 25 put contracts, with 68 days until expiration. Open interest stands at 2,023 calls and 1,077 puts, a put/call ratio of 0.53, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $170.00 strike is 27.0%, which implies the market expects a move of about ±$19.61 (11.7%) in Northern stock by expiration.

The most open interest sits at the $145.00 call (670 contracts) and the $75.00 put (169 contracts).

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

NTRS options chain · December 18, 2026

NTRS 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
—	—	—	—	—	—	65.00	0.00	1.50	0.29	121.0%	4	41
0	2	—	62.18	72.50	77.50	70.00	0.05	2.70	0.45	126.6%	18	18
—	—	—	—	—	—	75.00	0.05	2.95	0.60	120.0%	11	169
—	—	—	—	—	—	80.00	0.00	1.00	0.15	90.1%	7	19
—	—	—	—	—	—	85.00	0.00	1.20	0.35	86.2%	2	9
1	—	—	38.90	44.50	49.50	90.00	0.05	2.55	0.95	93.2%	5	122
34	30	152.2%	70.41	80.60	83.20	95.00	0.65	5.50	3.80	107.2%	—	2
1	40	—	50.50	47.00	49.00	100.00	0.00	1.15	0.25	67.4%	6	5
—	—	—	—	—	—	105.00	0.00	1.55	0.39	65.7%	23	3
0	—	—	38.45	0.00	0.00	110.00	0.00	1.30	0.35	58.0%	6	34
1	80	63.2%	63.05	52.80	56.50	115.00	0.05	1.70	0.85	56.3%	1	4
3	2	187.9%	58.18	71.30	75.50	120.00	0.00	1.40	0.58	57.1%	1	14
13	40	54.2%	63.30	43.10	46.70	125.00	0.05	1.45	0.55	52.0%	1	10
0	1	—	63.80	0.00	0.00	130.00	0.05	1.30	1.55	45.3%	1	7
290	29	73.1%	37.00	38.50	41.70	135.00	0.05	2.15	3.20	46.6%	30	48
172	23	123.5%	45.26	46.50	50.60	140.00	0.10	1.85	1.20	39.0%	1	102
670	32	47.7%	43.55	23.90	27.70	145.00	1.00	2.25	1.40	36.1%	30	90
0	2	—	26.50	0.00	0.00	150.00	1.85	3.10	2.40	34.8%	3	110
473	3	16.9%	12.10	10.50	14.00	155.00	2.50	5.50	7.07	38.8%	1	34
1	1	92.8%	30.65	28.40	32.70	160.00	3.20	5.60	4.75	32.1%	2	66
0	1	—	25.37	0.00	0.00	165.00	4.90	7.50	7.75	31.2%	47	105
NTRS $168.21
14	2	34.7%	22.95	6.60	9.30	170.00	3.50	6.60	10.31	19.3%	110	3
11	1	34.1%	18.70	4.50	7.10	175.00	—	—	—	—	—	—
25	1	33.5%	5.30	2.70	5.30	180.00	13.30	16.30	16.27	30.6%	51	17
0	1	6.3%	11.82	0.00	0.00	185.00	17.10	20.10	19.50	30.8%	5	44
72	3	33.6%	1.93	0.85	2.95	190.00	10.50	13.90	17.30	—	—	1
179	49	33.9%	1.37	0.40	2.20	195.00	—	—	—	—	—	—
14	3	34.2%	0.85	0.10	1.65	200.00	—	—	—	—	—	—
34	38	38.8%	3.10	0.05	1.40	210.00	—	—	—	—	—	—
15	1	42.4%	1.47	0.00	1.15	220.00	—	—	—	—	—	—
0	1	12.5%	1.70	0.00	0.00	230.00	—	—	—	—	—	—
0	—	12.5%	0.80	0.00	0.00	240.00	—	—	—	—	—	—

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 NTRS put/call ratio?

For the December 18, 2026 expiration, the NTRS put/call ratio based on open interest is 0.53 (1,077 puts vs 2,023 calls), and 0.95 based on today's volume. A ratio above 1 means more puts than calls.

What is NTRS's implied volatility?

At-the-money implied volatility for NTRS options expiring December 18, 2026 is about 27.0%, an annualized estimate of how much the market expects Northern stock to move.

How many NTRS option expiration dates are there?

NTRS has 6 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.