CNQ Options Chain by Expiration – Open Interest & Put/Call Ratio

Explore the CNQ options chain aggregated by expiration date, with call and put open interest, total OI and put/call ratios. Use this overview to spot where options positioning is most concentrated and which expirations carry bullish, bearish or neutral sentiment for CNQ.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from CNQ Options by Expiration Date

The table below aggregates CNQ options data by expiration date, including call volume, put volume, total open interest and the put/call ratio. Each row is assigned a sentiment label and numerical sentiment score, highlighting expirations where positioning is extremely bullish, defensive or balanced. Click on an expiration date to drill down into the detailed options chain for that maturity.

Expiration Date	Call OI	Put OI	Total Open Interest	Put/Call Ratio
2026-08-28	627	1045	1672	1.667
2026-09-04	286	747	1033	2.612
2026-09-11	96	44	140	0.458
2026-09-18	29277	9274	38551	0.317
2026-09-25	565	250	815	0.442
2026-10-02	70	29	99	0.414
2026-10-16	1049	611	1660	0.582
2026-12-18	5322	1911	7233	0.359
2027-01-15	53639	16412	70051	0.306
2027-03-19	290	47	337	0.162
2028-01-21	5195	7440	12635	1.432
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for CNQ based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Compares put and call activity. A higher PCR usually indicates more defensive or bearish positioning, while a lower PCR suggests bullish call demand. Open Interest (OI): Represents the number of outstanding option contracts. Higher open interest reflects strong market attention, hedging activity or speculative positioning around CNQ. Unusual activity ⚠️: Expirations with extreme PCR or unusually high OI are flagged with a warning icon, signaling concentrated bets, hedging pressure or potential event-driven risk. The sentiment score combines PCR and OI into a 0–100 scale, then classifies each expiration into intuitive labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Higher scores reflect more aggressive bullish positioning in CNQ options, while lower scores highlight more defensive or bearish structures.