CNQ Unusual Option Activity
Canadian Natural Resources Limited (CNQ) option volume on Nov 4, 2026 was 4.7% of open interest, well above the 20-day average of 1.8%. Calls made up 57.5% of the volume. Relative to open interest, that was CNQ's most active day in 4 weeks.
CNQ Unusual Options FAQ
What makes option activity unusual?
Option activity is usually called unusual when a contract trades much more volume than its open interest, which can mean traders are opening new positions.
Is CNQ seeing unusual options activity?
On Nov 4, 2026, Canadian Natural Resources options traded 6.25K contracts against 133.09K open, a volume to open interest ratio of 0.05, well above its 20-day average. The table above lists the contracts with the highest ratios.
Are CNQ traders trading more calls or puts?
Calls made up 57.5% of Canadian Natural Resources option volume on Nov 4, 2026, a put/call ratio of 0.74, so calls outnumber puts. The CNQ option volume chart shows calls and puts by strike.