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 Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$32.20
52-week range
$15.84 – $32.94
ATM IV (30d)
38.5%
IV rank
37 / 100
Low
Expected move
±$3.24 (±10.1%)
Put/call OI
0.15
Call-heavy
Max pain
$17
↓ 47.2% below close

Most Active CVE Contracts

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
CVE $31 put Oct 16, 2026 53d $1.25 8.2% 0 0.90 66 4,778 22.4× avg
CVE $30 call Jan 15, 2027 144d $4.40 11 5,635 1,824 579.6× avg
CVE $32 put Sep 18, 2026 25d $1.15 6 324 1,273 173.1× avg
CVE $36 put Oct 16, 2026 53d $4.30 120.0% 100 0.50 200 403 18.0× avg
CVE $36 call Oct 16, 2026 53d $0.66 0.0% 0 1.00 287 402 4.8× avg
CVE $33 call Oct 16, 2026 53d $1.55 42.6% 93 0.48 248 302 4.3× avg
CVE $33 call Sep 18, 2026 25d $0.90 38.5% 81 0.42 828 204 1.8× avg
CVE $35 call Sep 18, 2026 25d $0.30 0.0% 0 1.00 3,451 162 1.1× avg
CVE $35 call Jan 15, 2027 144d $2.20 69 2,544 146 7.6× avg
CVE $34 call Oct 16, 2026 53d $1.20 43 193 145 2.6× avg
CVE $35 call Oct 16, 2026 53d $0.95 38.8% 46 0.32 1,671 125 1.5× avg
CVE $35 call Mar 19, 2027 207d $2.83 0.0% 0 1.00 40 120 5.8× avg
CVE $17 call Jan 21, 2028 515d $15.80 52.0% 15 0.92 278 111 41.1× avg
CVE $30 put Sep 18, 2026 25d $0.47 39.8% 1 -0.23 1,466 92 2.6× avg
CVE $30 put Dec 18, 2026 116d $1.75 29 1,150 83 17.1× avg
CVE $31 call Oct 16, 2026 53d $2.59 71 237 70 3.1× avg
CVE $40 call Dec 18, 2026 116d $0.75 26 413 66 5.0× avg
CVE $33 put Oct 16, 2026 53d $2.21 500.0% 100 0.00 1 60 7.6× avg
CVE $34 call Sep 18, 2026 25d $0.60 0.0% 0 1.00 387 53 0.4× avg
CVE $27 put Dec 18, 2026 116d $0.87 12 84 51 44.9× avg
CVE $34 call Dec 18, 2026 116d $1.85 0 316 50 2.5× avg
CVE $30 call Jan 21, 2028 515d $7.50 12 714 45 14.3× avg
CVE $31 call Sep 18, 2026 25d $1.95 12 1,318 41 7.9× avg
CVE $37 call Oct 16, 2026 53d $0.55 35 68 37 1.7× avg
CVE $27 call Jan 15, 2027 144d $6.59 0.0% 0 1.00 791 35 9.3× 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 $31 put expiring in 53 days, with 4,778 contracts traded. Calls dominate the most-active list (18 of the top 25), showing where trading interest concentrates. 3 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 $31 put expiring Oct 16, 2026, with 4,778 contracts traded as of Aug 24, 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.