Usage: xargs [-0prtx] [--interactive] [--null] [-d|--delimiter=delim]
       [-E eof-str] [-e[eof-str]]  [--eof[=eof-str]]
       [-L max-lines] [-l[max-lines]] [--max-lines[=max-lines]]
       [-I replace-str] [-i[replace-str]] [--replace[=replace-str]]
       [-n max-args] [--max-args=max-args]
       [-s max-chars] [--max-chars=max-chars]
       [-P max-procs]  [--max-procs=max-procs] [--show-limits]
       [--verbose] [--exit] [--no-run-if-empty] [--arg-file=file]
       [--version] [--help] [command [initial-arguments]]
[download]

I think -P maybe, there is no -N, well at least not on Ubuntu or Solaris.

#ls | xargs -N xargs: invalid option -- 'N'

Had no idea xargs had that many options