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: Feb 19, 2027
Days to expiration: 131
Share price: $17.13
Put/call ratio (OI): 1.74
Put/call ratio (volume): 0.08
ATM implied volatility: 33.1%
Expected move: ±$3.40
Open interest (C / P): 735 / 1.28K

NWG options summary

The NWG options chain for the February 19, 2027 expiration lists 9 call and 6 put contracts, with 131 days until expiration. Open interest stands at 735 calls and 1,280 puts, a put/call ratio of 1.74, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $17.50 strike is 33.1%, which implies the market expects a move of about ±$3.40 (19.8%) in NatWest Group stock by expiration.

The most open interest sits at the $17.50 call (283 contracts) and the $20.00 put (932 contracts).

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

NWG options chain · February 19, 2027

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
5	4	237.9%	16.17	13.50	16.40	2.50	—	—	—	—	—	—
2	2	121.5%	13.70	11.70	12.80	5.00	—	—	—	—	—	—
2	4	133.2%	11.30	9.10	11.50	7.50	—	—	—	—	—	—
—	—	—	—	—	—	10.00	0.00	0.00	0.09	25.0%	—	0
—	—	—	—	—	—	12.50	0.10	0.25	0.13	45.9%	1	16
42	1	43.8%	3.34	2.70	2.95	15.00	0.40	0.55	0.50	35.5%	1	168
NWG $17.13
283	7	35.8%	1.20	1.15	1.30	17.50	1.30	1.45	1.00	30.4%	5	163
189	7	34.5%	0.36	0.35	0.50	20.00	2.90	3.20	3.10	29.1%	1	932
118	1	35.6%	0.15	0.05	0.20	22.50	—	—	—	—	—	—
89	71	59.8%	0.10	0.00	0.55	25.00	—	—	—	—	—	—
5	—	61.1%	0.02	0.00	0.45	30.00	10.00	13.30	12.49	71.7%	—	1

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 February 19, 2027 expiration, the NWG put/call ratio based on open interest is 1.74 (1,280 puts vs 735 calls), and 0.08 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 February 19, 2027 is about 33.1%, 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.