NatWest Group (NWG) Options Chain

NYSE: NWGFinanceCommercial BanksUSD

17.13-0.02 (-0.12%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $17.13
Put/call ratio (OI): 0.75
Put/call ratio (volume): 0.38
ATM implied volatility: 37.3%
Expected move: ±$2.11
Open interest (C / P): 2.23K / 1.67K

NWG options summary

The NWG options chain for the November 20, 2026 expiration lists 9 call and 6 put contracts, with 40 days until expiration. Open interest stands at 2,229 calls and 1,667 puts, a put/call ratio of 0.75, which is fairly balanced between calls and puts. At-the-money implied volatility near the $17.50 strike is 37.3%, which implies the market expects a move of about ±$2.11 (12.3%) in NatWest Group stock by expiration.

The most open interest sits at the $17.50 call (1.54K contracts) and the $17.50 put (1.16K contracts).

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

NWG options chain · November 20, 2026

NWG 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	16	—	17.50	0.00	0.00	2.50	—	—	—	—	—	—
0	11	—	15.00	0.00	0.00	5.00	—	—	—	—	—	—
0	6	—	11.60	0.00	0.00	7.50	0.00	0.45	0.03	173.8%	1	2
0	6	—	9.10	0.00	0.00	10.00	0.00	0.10	0.10	87.5%	1	2
4	15	59.4%	4.72	4.50	4.90	12.50	0.00	0.15	0.14	60.2%	4	78
450	2	55.8%	2.95	2.20	2.55	15.00	0.10	0.20	0.20	41.4%	3	423
NWG $17.13
1,541	1	37.7%	0.56	0.55	0.70	17.50	0.85	1.05	1.05	36.8%	15	1,159
198	10	39.8%	0.09	0.05	0.15	20.00	2.80	3.10	2.37	45.7%	2	3
36	1	53.7%	0.15	0.00	0.10	22.50	—	—	—	—	—	—

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 NWG put/call ratio?

For the November 20, 2026 expiration, the NWG put/call ratio based on open interest is 0.75 (1,667 puts vs 2,229 calls), and 0.38 based on today's volume. A ratio above 1 means more puts than calls.

What is NWG's implied volatility?

At-the-money implied volatility for NWG options expiring November 20, 2026 is about 37.3%, an annualized estimate of how much the market expects NatWest Group stock to move.

How many NWG option expiration dates are there?

NWG has 4 listed expiration dates, from Oct 16, 2026 to May 21, 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.