CANADIAN NATIONAL RAILWAY CO (CNI) Options Statistics & Positioning

CANADIAN NATIONAL RAILWAY CO (CNI) options trade at a 30-day at-the-money implied volatility of 20.6%, an IV rank of 48 out of 100 over the past year. The options market prices a ±$3.54 (±2.9%) move in CNI for the front expiration. Max pain sits at $110 and the put/call open interest ratio is 0.27. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$124.18

52-week range

$90.92 – $124.18

ATM IV (30d)

20.6%

IV rank

48 / 100

Moderate

Expected move

±$3.54 (±2.9%)

Put/call OI

0.27

Call-heavy

Max pain

$110

↓ 11.4% below close

Most Active CNI Contracts

Contract	Expiration	DTE	Last	IV	Volume
CNI $125 call	Jul 17, 2026	7d	$1.20	20.6%	121
CNI $125 call	Oct 16, 2026	98d	$6.11	23.6%	103
CNI $125 call	Jan 15, 2027	189d	$9.40	24.5%	27
CNI $130 call	Aug 21, 2026	42d	$2.10	25.1%	10
CNI $125 call	Sep 18, 2026	70d	$5.10	24.5%	4

See all active CNI contracts →

Explore CNI Options Statistics

CNI Implied Volatility

20.6% ATM IV (30d)

An IV rank of 48 places implied volatility in the middle of its 52-week range.

Full implied volatility analysis →

CNI Open Interest

0.27 put/call OI ratio

12,397 calls and 3,366 puts outstanding across all expirations.

Full open interest analysis →

CNI Max Pain

$110 max pain

11.4% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

CNI Gamma Exposure

$399.6M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

CNI Options Volume

282 contracts traded

Put/call volume ratio 0.04 — plus contracts running far above their usual volume.

Full volume & flow analysis →

CNI Most Active Options

$125 top volume strike

The 25 most actively traded CNI contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Explore the payoff profile of option on CNI for free

Build multi-leg CNI strategies, visualize payoffs, and scan the full US options universe with OptiView.

Open CNI in the platform Scan options

CNI Options FAQ

How often is CNI options data on this page updated?

All CNI statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see CNI max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated CNI pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.