Borr Drilling (BORR) Options Chain
NYSE: BORREnergyOil & Gas DrillingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Jan 21, 2028
- Days to expiration
- 468
- Share price
- $4.78
- Put/call ratio (OI)
- 0.29
- Put/call ratio (volume)
- 0.11
- Expected move
- ±$3.57
- Open interest (C / P)
- 22.54K / 6.54K
BORR options summary
The BORR options chain for the January 21, 2028 expiration lists 8 call and 6 put contracts, with 468 days until expiration. Open interest stands at 22,536 calls and 6,545 puts, a put/call ratio of 0.29, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $5.00 strike is 66.0%, which implies the market expects a move of about ±$3.57 (74.7%) in Borr Drilling stock by expiration.
The most open interest sits at the $5.00 call (10.45K contracts) and the $5.00 put (5.66K contracts).
Summary generated from market data by MetaCap's automated system. Methodology
BORR options chain · January 21, 2028
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 4.02 | 0.00 | 0.00 | 0.50 | — | — | — | |||||
| 3.90 | 3.80 | 5.20 | 1.00 | 0.00 | 0.00 | 0.25 | |||||
| 3.10 | 2.40 | 4.70 | 1.50 | — | — | — | |||||
| 3.10 | 2.90 | 3.20 | 2.00 | 0.15 | 0.25 | 0.19 | |||||
| 2.75 | 2.70 | 3.00 | 2.50 | 0.30 | 0.40 | 0.45 | |||||
| 1.45 | 1.40 | 1.65 | 5.00 | 1.20 | 1.45 | 1.40 | |||||
| 0.80 | 0.05 | 0.95 | 7.50 | 0.00 | 0.00 | 3.20 | |||||
| 0.34 | 0.30 | 0.65 | 10.00 | 0.00 | 0.00 | 5.60 | |||||
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 BORR put/call ratio?
For the January 21, 2028 expiration, the BORR put/call ratio based on open interest is 0.29 (6,545 puts vs 22,536 calls), and 0.11 based on today's volume. A ratio above 1 means more puts than calls.
What is BORR's implied volatility?
At-the-money implied volatility for BORR options expiring January 21, 2028 is about 66.0%, an annualized estimate of how much the market expects Borr Drilling stock to move.
How many BORR option expiration dates are there?
BORR has 7 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.
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.