Badger Meter (BMI) Options Chain

NYSE: BMIIndustrialsIndustrial Machinery/ComponentsUSD

131.38+3.72 (+2.91%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: May 21, 2027
Days to expiration: 222
Share price: $131.38
Put/call ratio (OI): 23.67
ATM implied volatility: 43.4%
Expected move: ±$44.43
Open interest (C / P): 3 / 71

BMI options summary

The BMI options chain for the May 21, 2027 expiration lists 3 call and 7 put contracts, with 222 days until expiration. Open interest stands at 3 calls and 71 puts, a put/call ratio of 23.67, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $130.00 strike is 43.4%, which implies the market expects a move of about ±$44.43 (33.8%) in Badger Meter stock by expiration.

The most open interest sits at the $115.00 call (1 contracts) and the $70.00 put (52 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

BMI options chain · May 21, 2027

BMI calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
—	—	—	—	—	—	70.00	0.00	2.90	1.30	56.6%	—	52
—	—	—	—	—	—	75.00	0.00	3.10	1.75	52.2%	1	8
—	—	—	—	—	—	80.00	0.00	3.30	2.45	58.8%	1	4
1	—	52.9%	21.10	25.50	29.40	115.00	7.00	10.60	9.51	46.1%	1	3
1	—	52.7%	23.20	22.50	26.70	120.00	8.70	12.50	13.51	45.2%	—	1
—	—	—	—	—	—	130.00	13.10	16.90	16.75	43.4%	—	2
BMI $131.38
—	—	—	—	—	—	140.00	18.70	22.50	21.45	42.4%	—	1
1	—	48.0%	5.55	7.80	11.50	155.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the BMI put/call ratio?

For the May 21, 2027 expiration, the BMI put/call ratio based on open interest is 23.67 (71 puts vs 3 calls). A ratio above 1 means more puts than calls.

What is BMI's implied volatility?

At-the-money implied volatility for BMI options expiring May 21, 2027 is about 43.4%, an annualized estimate of how much the market expects Badger Meter stock to move.

How many BMI option expiration dates are there?

BMI has 5 listed expiration dates, from Oct 16, 2026 to Dec 17, 2027.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.