CVE options: IV rank, expected move and trade screens
Cenovus Energy Inc. · Energy
As of the close on . In the app, data is refreshed intraday.
CVE closed at $32.40 on Oct 2, 2026 with 30-day implied volatility of 39.4%. That is in the upper half of its one-year range (IV rank 63), so premiums are somewhat richer than usual for CVE. Measured by IV percentile, IV is higher than 52% of the past year's readings. Options expiring Oct 16 (14 days out) price a one standard deviation move of about $2.29, or 7.1%.
The price is above both its 50-day (+4.0%) and 200-day (+25.5%) moving averages. It is 4.5% below its 52-week high and 104.4% above its 52-week low. The 14-day RSI of 56.4 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $0.95, about 2.9% of the price, a measure of a typical day's range.
Option volume at the close (1.14K contracts) was 0.2x its average, much quieter than usual. A negative beta of -0.17 means CVE has tended to move against the broad market. None of our preset screens found trades on CVE at the close.
CVE stats at the close
- Price
- $32.40
- Market cap $61B
- Implied volatility
- 39.4%
- 30-day, at the money
- IV rank
- 63
- IV sits 63% of the way from its one-year low to its one-year high.
- IV percentile
- 52
- IV is higher than 52% of the past year's readings.
- ATR (14-day)
- $0.95
- 2.9% of the price on a typical day
- RSI (14-day)
- 56.4
- Between 30 and 70, neutral
- 52-week range
- -4.5% from high
- +104.4% from the 52-week low
- Moving averages
- +4.0% vs 50-day
- +25.5% vs the 200-day
- Beta
- -0.17
- Sensitivity to the broad market
- Option volume
- 0.2x avg
- 1.14K contracts vs 6.23K average
CVE expected move by expiration
Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.
| Expiration | IV | Expected move | 1 SD range | Straddle |
|---|---|---|---|---|
| Oct 16, 202614 days | 36.1% | ±$2.29 (7.1%) | $30.11 to $34.69 | $1.85 |
| Nov 20, 202649 days | 40.5% | ±$4.81 (14.8%) | $27.59 to $37.21 | $3.83 |
| Dec 18, 202677 days | 39.6% | ±$5.89 (18.2%) | $26.51 to $38.29 | $4.68 |
Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.
Trades that pass our screens as of the close
CVE options FAQ
- What is CVE's IV rank?
- At the close on Oct 2, 2026, CVE's IV rank was 63 with 30-day implied volatility of 39.4%. IV sits 63% of the way from its one-year low to its one-year high. Its IV percentile was 52: IV is higher than 52% of the past year's readings.
- What is the expected move for CVE?
- Based on the close on Oct 2, 2026, options expiring Oct 16, 2026 priced a one standard deviation move of $2.29 (7.1%), a range of $30.11 to $34.69. Roughly two times in three, the stock would finish inside that range if the options are priced fairly.
- Is CVE option volume above average?
- On Oct 2, 2026, CVE option volume was 0.2x its average, much quieter than usual.
More market data
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