NorthWestern Energy Group, Inc. (NWE) Open Interest

NorthWestern Energy Group, Inc. (NWE) has 224 call contracts and 28 put contracts open across all listed expirations — a put/call open interest ratio of 0.13. Open interest counts the contracts currently outstanding at each strike. This page shows where NWE positioning concentrates, which strikes act as walls, and how the totals have trended over the past year.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$68.32
52-week range
$51.57 – $108.16
ATM IV (30d)
30.8%
IV rank
45 / 100
Moderate
Expected move
±$2.91 (±4.3%)
Put/call OI
0.13
Call-heavy
Max pain
$70
↑ 2.5% above close
Next earnings
Jul 29, 2026

NWE Open Interest by Strike

04488132SpotMax painCall wallPut wall4555606570758085

NWE open interest by strike, all expirations combined — calls in green, puts in red.

Total call open interest224
Total put open interest28
Put/call OI ratio0.13
Call wall (largest call OI)$75
Put wall (largest put OI)$45

NWE Open Interest Trend

094.3188.6282.8377.1Call OIPut OIFeb '26May '26Jul '26

NWE total call vs. put open interest, past year.

0.090.120.150.180.22Feb '26May '26Jul '26

NWE put/call open interest ratio, past year.

A put/call open interest ratio of 0.13 means meaningfully more calls than puts are outstanding — a call-heavy, typically bullish positioning profile. In total, 224 call contracts and 28 put contracts are open across all listed expirations. The put/call OI ratio has risen from 0.11 in Feb '26 to 0.13 today.

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NWE Options FAQ

What is NWE's put/call ratio?

NWE's put/call open interest ratio is 0.13 as of Jul 10, 2026, with 28 put contracts and 224 call contracts outstanding.

Which NWE strikes have the highest open interest?

As of Jul 10, 2026, the largest call open interest sits at $75 (the call wall) and the largest put open interest sits at $45 (the put wall). Strikes with heavy open interest often act as reference levels because a lot of hedging activity is anchored to them.

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.