pinning
CNQ · 2026-06-12 · 16:02 ET (after hours)

$CNQ

CANADIAN NATURAL RESOURCES

$45.32 ▼ -0.13   (-0.28%)

Free ward

Set a ward on $CNQ

We DM you the instant the $50 call wall or the $40 put wall breaks. No noise, just the break.

or sign in another way

Wall-break alerts arrive as a Discord DM.

Free ward

Set a ward on $CNQ

We DM you the instant the $50 call wall or the $40 put wall breaks.

Warded

$CNQ is warded

We'll DM you the moment the $50 call wall breaks. Rest easy.

The Read

Next session — dealers are pinning CNQ inside $40–$50 — selling premium at the walls is favored.

IV percentile · 1y 79 · premium elevated

Snapshot $45.32 · · 2026-06-12 · 16:02 ET (after hours)

The Levels

Put Wall $40 active wall
Gamma Flip $32 +42.8% above flip
Call Wall $50 active wall
spot $45.32

Regime pinning moves get faded back to the walls.


Scored Levels


Where the market is positioned


Implied vs Measured


Plays at the Walls

Covered Call

$48 · Jul 10 · 28Δ

$0.70 premium  ·  21%/yr annualized

Cash-Secured Put

$44 · Jul 10 · 32Δ

$0.88 premium  ·  27%/yr annualized

Not investment advice · Informational only




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