CENOVUS ENERGY INC. (CVE) Options Volume

10,939 CENOVUS ENERGY INC. (CVE) option contracts changed hands in the latest session, at a put/call volume ratio of 1.69. This page tracks how actively CVE options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

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

Options Volume & Premium Flow

Total options volume10,939
Call volume4,060
Put volume6,879
Put/call volume ratio1.69
Listed contracts358
Call premium traded$1.31M
Put premium traded$970.62K
Premium put/call ratio0.74
Open interest rank (31 day)5 / 100

CVE Options Volume Trend

016K32K47.9K63.9KFeb '26May '26Aug '26

CVE total options volume per session, past year.

0.002.014.026.038.04Feb '26May '26Aug '26

CVE put/call volume ratio, past year.

CVE Unusual Options Activity

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

ContractExpirationLastIV Open interestVolumevs 30d avg
CVE $31 put Oct 16, 2026 $1.25 8.2% 66 4,778 22.4× avg
CVE $30 call Jan 15, 2027 $4.40 5,635 1,824 579.6× avg
CVE $32 put Sep 18, 2026 $1.15 324 1,273 173.1× avg

With a put/call volume ratio of 1.69, today's trading is tilted toward puts. Measured in dollars rather than contracts, $1.31M of call premium and $970.62K of put premium changed hands — the larger premium flow is on the call side. 3 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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CVE Options FAQ

How many CVE options traded today?

10,939 CVE option contracts traded as of Aug 24, 2026 — 4,060 calls and 6,879 puts.

Is there unusual options activity in CVE today?

Yes — 3 contracts are trading at least three times their 30-day average volume as of Aug 24, 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.