Northwest Bancshares (NWBI) Options Chain
NASDAQ: NWBIFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 40
- Share price
- $14.67
- Put/call ratio (OI)
- 0.52
- Put/call ratio (volume)
- 6.67
- Expected move
- ±$1.75
- Open interest (C / P)
- 317 / 165
NWBI options summary
The NWBI options chain for the November 20, 2026 expiration lists 7 call and 4 put contracts, with 40 days until expiration. Open interest stands at 317 calls and 165 puts, a put/call ratio of 0.52, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $15.00 strike is 36.0%, which implies the market expects a move of about ±$1.75 (11.9%) in Northwest Bancshares stock by expiration.
The most open interest sits at the $15.00 call (157 contracts) and the $10.00 put (162 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
NWBI options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 13.46 | 11.50 | 14.50 | 2.50 | 0.00 | 0.05 | 0.05 | |||||
| 10.30 | 9.10 | 12.20 | 5.00 | — | — | — | |||||
| 8.45 | 6.60 | 9.60 | 7.50 | — | — | — | |||||
| 5.20 | 4.20 | 7.30 | 10.00 | 0.00 | 0.15 | 0.08 | |||||
| 3.40 | 2.40 | 4.60 | 12.50 | 0.00 | 0.50 | 0.05 | |||||
| 0.97 | 0.10 | 0.55 | 15.00 | 0.00 | 0.90 | 1.00 | |||||
| 0.15 | 0.00 | 0.10 | 17.50 | — | — | — | |||||
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 NWBI put/call ratio?
For the November 20, 2026 expiration, the NWBI put/call ratio based on open interest is 0.52 (165 puts vs 317 calls), and 6.67 based on today's volume. A ratio above 1 means more puts than calls.
What is NWBI's implied volatility?
At-the-money implied volatility for NWBI options expiring November 20, 2026 is about 36.0%, an annualized estimate of how much the market expects Northwest Bancshares stock to move.
How many NWBI option expiration dates are there?
NWBI has 3 listed expiration dates, from Oct 16, 2026 to Feb 19, 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.