CENOVUS ENERGY INC. (CVE) Most Active Options

The 25 most actively traded CENOVUS ENERGY INC. (CVE) 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 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

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
CVE $25 call Sep 18, 2026 70d $2.65 41.1% 35 0.65 8,850 2,195 83.6× avg
CVE $29 call Aug 21, 2026 42d $0.55 40.7% 57 0.27 1,304 1,267 17.2× avg
CVE $27 call Jul 17, 2026 7d $0.30 39.1% 0 0.33 1,571 1,220 3.5× avg
CVE $25 put Jul 17, 2026 7d $0.16 39.0% 0 -0.16 754 1,005 4.6× avg
CVE $27 put Jul 17, 2026 7d $1.05 35.3% 0 -0.69 941 600 2.7× avg
CVE $30 call Aug 21, 2026 42d $0.37 42.2% 64 0.20 1,100 220 3.0× avg
CVE $25 put Aug 21, 2026 42d $0.85 41.3% 22 -0.33 210 190 5.0× avg
CVE $28 call Jan 15, 2027 189d $2.55 40.5% 19 0.48 210 170 8.6× avg
CVE $30 call Jan 15, 2027 189d $1.75 39.7% 16 0.39 6,031 115 5.8× avg
CVE $30 call Sep 18, 2026 70d $0.75 40.4% 56 0.26 5,925 108 1.5× avg
CVE $26 call Jul 17, 2026 7d $0.66 41.5% 14 0.60 409 101 1.0× avg
CVE $25 put Jan 21, 2028 560d $3.95 41.3% 13 -0.34 124 100 22.5× avg
CVE $28 call Aug 21, 2026 42d $0.86 41.8% 62 0.36 995 79 1.1× avg
CVE $22 call Jan 15, 2027 189d $5.60 50.8% 50 0.76 5,520 45 1.4× avg
CVE $24 put Aug 21, 2026 42d $0.57 43.1% 29 -0.24 927 36 0.9× avg
CVE $26 call Aug 21, 2026 42d $1.70 45.8% 65 0.57 210 18 0.8× avg
CVE $25 call Jan 15, 2027 189d $3.80 45.0% 54 0.63 5,972 18 4.8× avg
CVE $24 put Jul 17, 2026 7d $0.08 54.4% 35 -0.10 696 15 0.1× avg
CVE $25 call Jul 17, 2026 7d $1.45 39.1% 46 0.84 211 15 0.0× avg
CVE $27 call Aug 21, 2026 42d $1.20 43.8% 57 0.47 298 12 0.2× avg
CVE $26 put Jul 17, 2026 7d $0.45 37.9% 0 -0.40 362 11 0.8× avg
CVE $24 call Jul 17, 2026 7d $2.12 0.0% 0 1.00 110 10 0.0× avg
CVE $25 call Dec 18, 2026 161d $3.70 45.1% 54 0.63 32 10 2.7× avg
CVE $29 call Jan 15, 2027 189d $2.04 40.7% 20 0.44 130 10 0.5× avg
CVE $40 call Jan 15, 2027 189d $0.70 44.4% 21 0.13 2,827 10 1.6× 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 CVE contract today is the $25 call expiring in 70 days, with 2,195 contracts traded. Calls dominate the most-active list (18 of the top 25), showing where trading interest concentrates. 4 of these contracts are running well ahead of the usual daily volume.

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CVE Options FAQ

Which CVE option contract is most active today?

The most traded CVE contract is the $25 call expiring Sep 18, 2026, with 2,195 contracts traded as of Jul 10, 2026.

How does OptiView rank the most active CVE options?

The table lists the 25 CVE 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.