CENOVUS ENERGY INC. (CVE) Options Statistics & Positioning

CENOVUS ENERGY INC. (CVE) options trade at a 30-day at-the-money implied volatility of 41.5%, an IV rank of 48 out of 100 over the past year. The options market prices a ±$1.51 (±5.7%) move in CVE for the front expiration. Max pain sits at $17 and the put/call open interest ratio is 0.30. 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

$26.36

52-week range

$13.98 – $31.74

ATM IV (30d)

41.5%

IV rank

48 / 100

Moderate

Expected move

±$1.51 (±5.7%)

Put/call OI

0.30

Call-heavy

Max pain

$17

↓ 35.5% below close

Most Active CVE Contracts

Contract	Expiration	DTE	Last	IV	Volume
CVE $25 call	Sep 18, 2026	70d	$2.65	41.1%	2,195
CVE $29 call	Aug 21, 2026	42d	$0.55	40.7%	1,267
CVE $27 call	Jul 17, 2026	7d	$0.30	39.1%	1,220
CVE $25 put	Jul 17, 2026	7d	$0.16	39.0%	1,005
CVE $27 put	Jul 17, 2026	7d	$1.05	35.3%	600

See all active CVE contracts →

Explore CVE Options Statistics

CVE Implied Volatility

41.5% ATM IV (30d)

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

Full implied volatility analysis →

CVE Open Interest

0.30 put/call OI ratio

110,327 calls and 32,632 puts outstanding across all expirations.

Full open interest analysis →

CVE Max Pain

$17 max pain

35.5% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

CVE Gamma Exposure

$243.95M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

CVE Options Volume

7,636 contracts traded

Put/call volume ratio 0.35 — plus contracts running far above their usual volume.

Full volume & flow analysis →

CVE Most Active Options

$25 top volume strike

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

Full active contracts analysis →

Explore the payoff profile of option on CVE for free

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CVE Options FAQ

How often is CVE options data on this page updated?

All CVE 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 CVE max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated CVE 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.