Borr Drilling (BORR) Options Chain

NYSE: BORREnergyOil & Gas ProductionUSD

4.78+0.17 (+3.69%)

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

Expiration date

Expiration: Jan 19, 2029
Days to expiration: 832
Share price: $4.78
Put/call ratio (OI): 1.01
Put/call ratio (volume): 0.06
ATM implied volatility: 63.9%
Expected move: ±$4.61
Open interest (C / P): 12.91K / 12.97K

BORR options summary

The BORR options chain for the January 19, 2029 expiration lists 6 call and 2 put contracts, with 832 days until expiration. Open interest stands at 12,908 calls and 12,975 puts, a put/call ratio of 1.01, which is fairly balanced between calls and puts. At-the-money implied volatility near the $5.00 strike is 63.9%, which implies the market expects a move of about ±$4.61 (96.5%) in Borr Drilling stock by expiration.

The most open interest sits at the $4.00 call (12.71K contracts) and the $5.00 put (12.77K contracts).

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

BORR options chain · January 19, 2029

BORR 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
2	—	101.0%	3.50	1.50	6.50	1.00	—	—	—	—	—	—
31	6	105.7%	2.50	2.60	4.50	2.00	—	—	—	—	—	—
15	22	70.5%	2.70	2.25	2.95	3.00	—	—	—	—	—	—
12,707	17	69.7%	2.28	2.05	2.30	4.00	0.00	1.75	1.15	85.9%	2	210
BORR $4.78
143	4	60.9%	1.65	0.70	2.55	5.00	0.50	3.50	1.93	66.9%	1	12,765
10	3	62.1%	1.10	0.60	1.75	7.00	—	—	—	—	—	—

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 BORR put/call ratio?

For the January 19, 2029 expiration, the BORR put/call ratio based on open interest is 1.01 (12,975 puts vs 12,908 calls), and 0.06 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 19, 2029 is about 63.9%, 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.