NorthWestern Energy Group (NWE) Options Chain
NASDAQ: NWEUtilitiesPower GenerationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Dec 18, 2026
- Days to expiration
- 68
- Share price
- $74.15
- Put/call ratio (OI)
- 0.10
- Put/call ratio (volume)
- 0.08
- Expected move
- ±$11.36
- Open interest (C / P)
- 201 / 20
NWE options summary
The NWE options chain for the December 18, 2026 expiration lists 8 call and 3 put contracts, with 68 days until expiration. Open interest stands at 201 calls and 20 puts, a put/call ratio of 0.10, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $75.00 strike is 35.5%, which implies the market expects a move of about ±$11.36 (15.3%) in NorthWestern Energy Group stock by expiration.
The most open interest sits at the $85.00 call (159 contracts) and the $65.00 put (19 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
NWE options chain · December 18, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 45.00 | 0.00 | 0.00 | 0.25 | |||||
| 19.70 | 0.00 | 0.00 | 50.00 | — | — | — | |||||
| 16.58 | 0.00 | 0.00 | 55.00 | — | — | — | |||||
| — | — | — | 65.00 | 0.30 | 1.00 | 1.50 | |||||
| 3.40 | 1.15 | 6.00 | 70.00 | — | — | — | |||||
| 2.50 | 0.15 | 4.50 | 75.00 | 1.00 | 4.70 | 7.50 | |||||
| 1.00 | 0.00 | 3.90 | 80.00 | — | — | — | |||||
| 0.40 | 0.25 | 1.20 | 85.00 | — | — | — | |||||
| 0.80 | 0.00 | 0.00 | 90.00 | — | — | — | |||||
| 0.60 | 0.00 | 2.15 | 95.00 | — | — | — | |||||
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 NWE put/call ratio?
For the December 18, 2026 expiration, the NWE put/call ratio based on open interest is 0.10 (20 puts vs 201 calls), and 0.08 based on today's volume. A ratio above 1 means more puts than calls.
What is NWE's implied volatility?
At-the-money implied volatility for NWE options expiring December 18, 2026 is about 35.5%, an annualized estimate of how much the market expects NorthWestern Energy Group stock to move.
How many NWE option expiration dates are there?
NWE has 4 listed expiration dates, from Oct 16, 2026 to Mar 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.