CANADIAN NATIONAL RAILWAY CO (CNI) Most Active Options
The 21 most actively traded CANADIAN NATIONAL RAILWAY CO (CNI) option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.
Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.
Most Active CNI Contracts
| Contract | Expiration | DTE | Last | IV | IV rank (30d) | Delta | Open interest | Volume | vs 30d avg |
|---|---|---|---|---|---|---|---|---|---|
| CNI $120 put | Oct 16, 2026 | 53d | $1.40 | 0.0% | 0 | 1.00 | 246 | 216 | 44.9× avg |
| CNI $125 put | Oct 16, 2026 | 53d | $2.85 | 0.0% | 0 | 1.00 | 78 | 90 | 10.0× avg |
| CNI $120 put | Feb 19, 2027 | 179d | $4.60 | — | — | — | 0 | 79 | — |
| CNI $125 put | Mar 19, 2027 | 207d | $6.80 | 23.8% | 99 | -0.40 | 0 | 50 | 8.0× avg |
| CNI $140 call | Mar 19, 2027 | 207d | $4.60 | — | 14 | — | 3 | 25 | 4.6× avg |
| CNI $125 put | Sep 18, 2026 | 25d | $1.65 | — | 25 | — | 129 | 17 | 0.8× avg |
| CNI $125 call | Jan 15, 2027 | 144d | $8.60 | — | 26 | — | 167 | 12 | 4.9× avg |
| CNI $130 put | Oct 16, 2026 | 53d | $5.50 | 0.0% | 0 | 1.00 | 12 | 8 | 0.9× avg |
| CNI $130 call | Sep 18, 2026 | 25d | $1.52 | 15.0% | 0 | 0.32 | 170 | 8 | 0.4× avg |
| CNI $130 call | Oct 16, 2026 | 53d | $2.70 | 19.8% | 45 | 0.42 | 394 | 5 | 1.6× avg |
| CNI $100 call | Feb 19, 2027 | 179d | $30.10 | — | — | — | 4 | 4 | — |
| CNI $105 call | Apr 16, 2027 | 235d | $26.00 | — | — | — | 0 | 4 | — |
| CNI $115 put | Oct 16, 2026 | 53d | $0.45 | 23.9% | 57 | -0.12 | 128 | 3 | 0.6× avg |
| CNI $130 call | Jan 15, 2027 | 144d | $6.26 | — | 67 | — | 154 | 2 | 0.2× avg |
| CNI $140 call | Jan 15, 2027 | 144d | $2.55 | — | 14 | — | 168 | 2 | 0.4× avg |
| CNI $135 call | Sep 18, 2026 | 25d | $0.61 | — | 27 | — | 603 | 2 | 0.1× avg |
| CNI $100 call | Jan 15, 2027 | 144d | $28.38 | — | 77 | — | 8 | 2 | 5.6× avg |
| CNI $125 call | Apr 16, 2027 | 235d | $11.00 | 23.9% | 51 | 0.60 | 1 | 1 | 2.8× avg |
| CNI $140 call | Sep 18, 2026 | 25d | $0.32 | 23.3% | 9 | 0.07 | 36 | 1 | 0.7× avg |
| CNI $140 call | Oct 16, 2026 | 53d | $0.63 | 0.0% | 0 | 1.00 | 506 | 1 | 0.1× avg |
| CNI $125 call | Sep 18, 2026 | 25d | $3.80 | 19.6% | 46 | 0.66 | 14 | 1 | 1.4× avg |
Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.
The most active CNI contract today is the $120 put expiring in 53 days, with 216 contracts traded. Calls dominate the most-active list (14 of the top 21), showing where trading interest concentrates.
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CNI Options FAQ
Which CNI option contract is most active today?
The most traded CNI contract is the $120 put expiring Oct 16, 2026, with 216 contracts traded as of Aug 24, 2026.
How does OptiView rank the most active CNI options?
The table lists the 21 CNI contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.
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.