Canadian Natural Resources Ltd. (CNQ)

Overview News Price History Option Chain Why CNQ Down? Discussions Forecast Stock Split Dividend History

Canadian Natural Resources Ltd. Stock (CNQ) Option Chain

The Canadian Natural Resources Ltd. (CNQ) option chain consists of 411 contracts with 198 call options and 213 put options, which all expire on May 17, 2024. Some other option chains:

For June 21, 2024 options, there are 409 contracts.
For September 20, 2024 options, there are 3 contracts.
For November 15, 2024 options, there are 10 contracts.
For January 17, 2025 options, there are 16 contracts.
For January 16, 2026 options, there are 0 contracts.

CNQ option chain shows a lower number of calls than puts indicating that there are more bets placed on price decreases, which may also suggest bearish expectations for the stock.

The table below displays Canadian Natural Resources Ltd. option chain data such as: call and put options, including strike price, last price, price change and volume. This table can help you navigate decisions on option chains but for optimal results shareholders should check the stock’s technical analysis and overall market sentiment.

CNQ Call Options Expiring May 17, 2024

Strike	Price	Change	% Change	Volume
45.00	0.00	0.00	-	-
50.00	0.00	0.00	-	-
55.00	0.00	0.00	-	-
60.00	0.00	0.00	-	-
65.00	0.00	0.00	-	-
67.50	0.00	0.00	-	-
70.00	7.57	0.00	-	-
72.50	5.30	0.00	-	-
75.00	4.01	0.26	+6.93%	31
77.50	2.49	0.39	+18.57%	88
80.00	1.29	0.25	+24.04%	65
82.50	0.60	0.10	+20.00%	10
85.00	0.20	-0.07	-25.93%	2
87.50	0.14	-0.48	-77.42%	2
90.00	0.22	0.00	-	-
95.00	0.05	0.00	-	-
100.00	0.05	0.00	-	-
105.00	0.00	0.00	-	-
110.00	0.00	0.00	-	-
115.00	0.00	0.00	-	-

CNQ Put Options Expiring May 17, 2024

Strike	Price	Change	% Change	Volume
45.00	0.00	0.00	-	-
50.00	0.00	0.00	-	-
55.00	0.00	0.00	-	-
60.00	0.00	0.00	-	-
65.00	0.05	0.00	-	-
67.50	0.15	0.00	-	-
70.00	0.13	-0.07	-35.00%	15
72.50	0.36	-0.38	-51.35%	11
75.00	1.05	-0.50	-32.26%	9
77.50	1.85	-0.33	-15.14%	178
80.00	3.70	0.00	-	-
82.50	5.30	0.00	-	-
85.00	4.81	0.00	-	-
87.50	0.00	0.00	-	-
90.00	0.00	0.00	-	-
95.00	0.00	0.00	-	-
100.00	20.90	0.00	-	-
105.00	0.00	0.00	-	-
110.00	0.00	0.00	-	-
115.00	0.00	0.00	-	-

Canadian Natural Resources Ltd. Stock (CNQ) Option Chain Analysis

Put Volume Total	213
Call Volume Total	198
Put/Call Ratio (PCR)	1.08

Put Strike With Highest Volume	$77.50
Call Strike With Highest Volume	$77.50

From reviewing CNQ put and call options expire on May 17, 2024, we can calculate put/call ratio (PCR) of 1.08. This ratio can be called as a falling PCR as it might indicate a bearish sentiment for this stock, if it continues to decrease, it could further confirm a more negative outlook. This indicator can be helpful tool for analysing a specific option chain since reading excessive amount of data can be time consuming. Therefore, besides assessing other crucial indicators, consider tracking PCR of your options chain to gain diverse insights that help you make better decisions.

Looking at CNQ call and put strikes, we can clearly observe traders’ highest attention for call strike of $77.50 and put strike of $77.50. Since those are two call and put strikes with highest volume it can be interpret as a sign of willingness to trade call and put options at specific prices mentioned above.