Bearish flow noted in Canadian Natural (CNQ) with 1,022 puts trading, or 1.6x expected. Most active are May-25 28 puts and May-25 29 puts, with total volume in those strikes near 770 contracts. The Put/Call Ratio is 6.55, while ATM IV is up nearly 4 points on the day.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CNQ:
- Buy Rating for Canadian Natural: Strong Financial Performance and Attractive Valuation Amidst Macroeconomic Challenges
- Canadian Natural Reports Strong Shareholder Support at Annual Meeting
- Canadian Natural price target raised to C$52 from C$49 at Raymond James
- Canadian Natural price target raised to C$64 from C$63 at RBC Capital
- Canadian Natural Resources Reports Record Q1 2025 Results