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Novartis AG options tape

Read from CBOE's delayed chain on 26 September 2026, with Novartis AG at $145.46: open interest within 90 days was 20,996 call and 33,440 put contracts, a put/call ratio of 1.59; the day's volume was 499 calls and 212 puts (0.42). The most call open interest sits at the $155.00 strike (3,260 contracts) and the most put open interest at $135.00 (5,917). The at-the-money straddle for 16 October 2026, 20 days out, was priced at 4.0% of spot. For 16 October 2026, implied volatility was 22.0% at the put 5% below spot and 20.8% at the call 5% above, +1.3 points.

Spot$145.46+1.32% on the day
Put/call, open interest1.5933,440 puts, 20,996 calls
Put/call, volume0.42212 puts, 499 calls
Priced move4.0%straddle to 16 October 2026, 20 days
30-day implied volatility21.7%
Put minus call IV, 5% out+1.3 ptsto 16 October 2026

Where the open interest sits

SideStrikeOpen interest
Calls$155.003,260
Puts$135.005,917

The strike with the most open interest on each side, across expiries within 90 days.

Open-interest builds against the previous day appear from the second daily read of this name.

Source

CBOE delayed quotes for NVS, the free 15-minute-delayed chain, read once a day. Figures describe positioning; they are not a forecast.

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