CNI241220P00095000 Option on Canadian National Railway

CNI Stock  USD 101.52  0.47  0.46%   
Canadian National's latest option contracts expiring on April 17th 2025 are carrying combined implied volatility of 0.4 with a put-to-call open interest ratio of 0.98 over 40 outstanding agreements suggesting . The total put volume is at 168, with calls trading at the volume of 19.0. This yields a 8.84 put-to-call volume ratio.

Open Interest Against April 17th 2025 Option Contracts

The chart above shows Canadian National's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Canadian National's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Canadian National's option, there is no secondary market available for investors to trade.

Canadian National Maximum Pain Price Across 2025-04-17 Option Contracts

Canadian National's max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Canadian National

Analyzing Canadian National's in-the-money options over time can help investors to take a profitable long position in Canadian National regardless of its overall volatility. This is especially true when Canadian National's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Canadian National's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Canadian National's stock while costing only a fraction of its price.

Canadian National Railway In The Money Call Balance

When Canadian National's strike price is surpassing the current stock price, the option contract against Canadian National Railway stock is said to be in the money. When it comes to buying Canadian National's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Canadian National Railway are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Canadian Current Options Market Mood

Canadian National's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Canadian Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Canadian National's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Canadian National's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Canadian contract

Base on the Rule 16, the options market is currently suggesting that Canadian National Railway will have an average daily up or down price movement of about 0.025% per day over the life of the 2025-04-17 option contract. With Canadian National trading at USD 101.52, that is roughly USD 0.0254. If you think that the market is fully incorporating Canadian National's daily price movement you should consider buying Canadian National Railway options at the current volatility level of 0.4%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Canadian National options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Canadian calls. Remember, the seller must deliver Canadian National Railway stock to the call owner when a call is exercised.

Canadian National Option Chain

When Canadian National's strike price is surpassing the current stock price, the option contract against Canadian National Railway stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Canadian National's option chain is a display of a range of information that helps investors for ways to trade options on Canadian. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Canadian. It also shows strike prices and maturity days for a Canadian National against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
CNI250417C00065000365.036.6 - 38.843.9In
Call
CNI250417C00085000185.017.3 - 19.326.5In
Call
CNI250417C000900001290.012.8 - 13.213.29In
Call
CNI250417C000950002095.08.7 - 9.011.4In
Call
CNI250417C0010000035100.03.2 - 5.65.6In
Call
CNI250417C00105000435105.02.55 - 3.12.9Out
Call
CNI250417C00110000166110.00.3 - 1.451.45Out
Call
CNI250417C00115000265115.00.55 - 0.650.55Out
Call
CNI250417C00120000209120.00.05 - 0.550.41Out
Call
CNI250417C00125000473125.00.0 - 0.150.15Out
Call
CNI250417C00130000121130.00.0 - 1.40.21Out
Call
CNI250417C0013500043135.00.0 - 1.350.1Out
Call
CNI250417C001400002140.00.0 - 1.551.53Out
Call
CNI250417C001450000145.00.0 - 0.750.75Out
Call
CNI250417C0015000020150.00.0 - 0.750.35Out
Call
CNI250417C001550000155.00.0 - 0.750.75Out
Call
CNI250417C001600000160.00.0 - 0.750.75Out
Call
CNI250417C001650000165.00.0 - 0.750.75Out
Call
CNI250417C001700000170.00.0 - 0.750.75Out
Call
CNI250417C001750000175.00.0 - 0.750.75Out
 Put
CNI250417P00060000160.00.0 - 0.150.11Out
 Put
CNI250417P00075000375.00.0 - 1.40.25Out
 Put
CNI250417P000800005680.00.1 - 0.750.4Out
 Put
CNI250417P00085000885.00.4 - 0.550.45Out
 Put
CNI250417P000900009290.00.85 - 1.01.1Out
 Put
CNI250417P0009500046495.00.7 - 1.91.65Out
 Put
CNI250417P00100000750100.03.3 - 3.53.2Out
 Put
CNI250417P0010500044105.05.2 - 7.95.5In
 Put
CNI250417P00110000210110.09.1 - 9.58.8In
 Put
CNI250417P00115000135115.013.0 - 14.114.45In
 Put
CNI250417P001300000130.027.2 - 28.914.9In
 Put
CNI250417P001350000135.031.3 - 33.932.02In
 Put
CNI250417P001400000140.036.3 - 40.037.02In
 Put
CNI250417P001450000145.041.3 - 43.941.3In
 Put
CNI250417P001500000150.046.4 - 49.046.4In
 Put
CNI250417P001550000155.051.3 - 55.051.3In
 Put
CNI250417P001600000160.056.5 - 59.856.5In
 Put
CNI250417P001650000165.062.3 - 64.562.3In
 Put
CNI250417P001700000170.066.7 - 69.366.7In
 Put
CNI250417P001750000175.071.6 - 74.571.6In

Canadian Total Stockholder Equity

Total Stockholder Equity

12.75 Billion

As of now, Canadian National's Total Stockholder Equity is increasing as compared to previous years.

Canadian National Corporate Directors

Donald CartyIndependent DirectorProfile
Shauneen BruderIndependent DirectorProfile
Kevin LynchIndependent DirectorProfile
Edith HolidayIndependent DirectorProfile
When determining whether Canadian National Railway offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Canadian National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Canadian National Railway Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Canadian National Railway Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian National Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian National. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.018
Dividend Share
3.325
Earnings Share
5.87
Revenue Per Share
26.896
Quarterly Revenue Growth
0.031
The market value of Canadian National Railway is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian National's value that differs from its market value or its book value, called intrinsic value, which is Canadian National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian National's market value can be influenced by many factors that don't directly affect Canadian National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.