Canadian Natural Resources Ltd

CNQNYSE · USD
47.25USD-0.68 (-1.42%)
9710

Canadian Natural Resources Ltd (CNQ) Implied Volatility Current

CNQ implied volatility is 33%. IV Rank is 48%, placing current premiums in the middle of their 52-week range.

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Tracking CNQ implied volatility helps you identify when options premiums on Canadian Natural Resources Ltd are historically cheap or expensive, and where the best trades are hiding. Canadian Natural Resources Ltd implied volatility reflects the market's expectation of future price movement: when CNQ IV rises, option premiums increase, creating opportunities for sellers, and when it drops, buyers can find cheaper contracts. Use our scanner to monitor Canadian Natural Resources Ltd's implied volatility current levels in real time and filter for high-probability trades.

Implied volatility is derived from option prices using models like Black-Scholes and represents the annualized expected move of an underlying stock. For CNQ, tracking metrics like CNQ IV rank helps traders understand whether current implied volatility is historically high or low. IV rank compares today's reading against the past year's range — a high rank on CNQ signals rich premiums and potential mean-reversion, while a low rank may favor long options strategies.

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers synthetic crude oil (SCO), light and medium crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake heavy crude oil. Its midstream and refining assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2020, the company had total proved crude oil, bitumen, and NGLs reserves were 10,528 million barrels (MMbbl); total proved plus probable crude oil, bitumen, and NGLs reserves were 13,271 MMbbl; proved SCO reserves were 6,998 MMbbl; total proved plus probable SCO reserves were 7,535 MMbbl; proved natural gas reserves were 12,168 billion cubic feet (Bcf); and total proved plus probable natural gas reserves were 20,249 Bcf.

It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.

Premium sellers, directional traders, and spread builders all need the same starting point: a clear read on where CNQ implied volatility sits today versus where it has been. Our scanner ranks Canadian Natural Resources Ltd implied volatility against its historical range, surfaces extremes in CNQ IV rank, and pairs every reading with the trades that exploit it. Stop guessing whether Canadian Natural Resources Ltd IV is rich or cheap — measure it, then act on it.

Implied Volatility

IV Rank
48.02%IV Rank
Moderate

IV is below its typical range - premiums look reasonable for buyers.

Implied Volatility (30d)32.94%

IV Rank48.02%

Historical Volatility (30d)26.50%

IV - HV+6.44%

As of September 24, 2026

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