NOG Unusual Option Activity
Northern Oil and Gas Inc (NOG) option volume on Nov 4, 2026 was 11.6% of open interest, well above the 20-day average of 2.8%. Calls made up 45.7% of the volume. Relative to open interest, that was NOG's most active day in 4 weeks.
NOG 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 NOG seeing unusual options activity?
On Nov 4, 2026, Northern Oil and Gas options traded 4.06K contracts against 35.17K open, a volume to open interest ratio of 0.12, well above its 20-day average. The table above lists the contracts with the highest ratios.
Are NOG traders trading more calls or puts?
Calls made up 45.7% of Northern Oil and Gas option volume on Nov 4, 2026, a put/call ratio of 1.19, so puts outnumber calls. The NOG option volume chart shows calls and puts by strike.
What is Northern Oil and Gas Inc?
Northern Oil & Gas Inc is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and natural gas properties.