CANADIAN NATURAL RESOURCES Ltd (CNQ) Options Volume

1,912 CANADIAN NATURAL RESOURCES Ltd (CNQ) option contracts changed hands in the latest session, at a put/call volume ratio of 0.81. This page tracks how actively CNQ options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Oct 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$49.60
52-week range
$29.91 – $51.96
ATM IV (30d)
35.7%
IV rank
43 / 100
Moderate
Expected move
±$4.91 (±9.9%)
Put/call OI
0.48
Call-heavy
Max pain
$40
↓ 19.3% below close

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Options Volume & Premium Flow

Total options volume1,912
Call volume1,055
Put volume857
Put/call volume ratio0.81
Listed contracts678
Call premium traded$187.1K
Put premium traded$66.3K
Premium put/call ratio0.35
Open interest rank (31 day)64 / 100
Skew rank (31 day)86 / 100

CNQ Options Volume Trend

0102.8K205.7K308.5K411.4KFeb '26Jun '26Oct '26

CNQ total options volume per session, past year.

0.002.665.327.9810.64Feb '26Jun '26Oct '26

CNQ put/call volume ratio, past year.

CNQ Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
CNQ $47 put Oct 23, 2026 $0.25 29.3% 3 502 12.5× avg

With a put/call volume ratio of 0.81, today's trading is roughly balanced between calls and puts. Measured in dollars rather than contracts, $187.1K of call premium and $66.3K of put premium changed hands — the larger premium flow is on the call side. One contract is trading at least three times their own 30-day average volume — activity worth a closer look.

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CNQ Options FAQ

How many CNQ options traded today?

1,912 CNQ option contracts traded as of Oct 9, 2026 — 1,055 calls and 857 puts.

Is there unusual options activity in CNQ today?

Yes — one contract is trading at least three times its 30-day average volume as of Oct 9, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

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.