NOW Options
NOW $157.00 · Updated Oct 26, 4:00 PM ET
NOW is at $157.00. The nearest expiration, Oct 30, 2026 (4 days out), lists 70 strikes, with 10,047 calls and 8,811 puts traded in the latest session. At-the-money implied volatility is 121.6%. The at-the-money straddle prices a move of about $16.10 (10.3%) by expiration.
NOW Options Chain
NOW is at $157.00. The nearest expiration, Oct 30, 2026 (4 days out), lists 70 strikes, with 10,047 calls and 8,811 puts traded in the latest session. At-the-money implied volatility is 121.6%. The at-the-money straddle prices a move of about $16.10 (10.3%) by expiration.
NOW Gamma Exposure (GEX)
NOW total dealer gamma exposure is $38M across all listed expirations. Positive GEX means dealers are net long gamma; their hedging tends to dampen price moves. The call wall is $160.00 and the put wall $140.00.
NOW Max Pain
NOW max pain for Oct 30, 2026 (4 days out) is $142.00, 9.6% below the current $157.00. That is the settlement price at which the open contracts on that date would pay holders the least. For Nov 27, 2026, max pain is $143.00.
NOW Put/Call Ratio
Across every listed NOW expiration, the put/call ratio is 0.84 by volume and 0.91 by open interest. More calls than puts are trading. 345,299 puts and 379,974 calls are open in total.
NOW Implied Volatility
NOW at-the-money implied volatility is 121.6% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 61.5%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
NOW Open Interest by Strike
Across all NOW expirations, the largest call open interest near the current $157.00 sits at the $150.00 strike (29,836 contracts) and the largest put open interest at $140.00 (14,669). 379,974 calls and 345,299 puts are open in total.
NOW Expected Move
The options market prices NOW to move about $16.10 (10.3%) by Oct 30, 2026, a range of $140.90 to $173.10. For Nov 27, 2026 (32 days out) the expected move is $22.88 (14.6%).