Berkshire Hathaway (BRK.B) Options Chain

NYSE: BRK.BFinancial ServicesInsurance - DiversifiedUSD

515.62+4.57 (+0.89%)

At close: Oct 9, 4:03 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $515.62
Put/call ratio (OI): 0.41
Put/call ratio (volume): 0.30
ATM implied volatility: 15.4%
Expected move: ±$40.63
Open interest (C / P): 110.49K / 44.76K

BRK.B options summary

The BRK.B options chain for the January 15, 2027 expiration lists 53 call and 49 put contracts, with 96 days until expiration. Open interest stands at 110,494 calls and 44,762 puts, a put/call ratio of 0.41, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $520.00 strike is 15.4%, which implies the market expects a move of about ±$40.63 (7.9%) in Berkshire Hathaway stock by expiration.

The most open interest sits at the $500.00 call (17.75K contracts) and the $480.00 put (4.23K contracts).

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

BRK.B options chain · January 15, 2027

BRK.B 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
0	1	—	295.15	0.00	0.00	230.00	0.01	0.12	0.04	55.2%	8	694
36	35	—	235.70	252.35	256.00	240.00	0.00	0.50	0.04	60.5%	1	103
481	1	85.0%	268.05	266.95	270.65	250.00	0.00	0.73	0.19	60.2%	1	113
9	1	81.1%	251.60	256.80	260.85	260.00	0.01	0.20	0.05	53.1%	1	121
124	8	—	230.10	237.50	241.45	270.00	0.00	0.87	0.25	55.5%	2	1,537
411	1	—	205.00	213.25	217.25	280.00	0.00	0.35	0.30	51.2%	2	59
729	4	71.7%	225.40	227.20	231.30	290.00	0.00	0.00	1.48	25.0%	1	0
9,253	2	68.9%	209.22	217.60	221.30	300.00	0.05	0.25	0.10	44.0%	3	1,117
10,774	14	65.5%	208.89	207.90	211.05	310.00	0.00	0.74	0.32	48.2%	1	264
1,013	1	62.3%	186.70	197.90	201.20	320.00	0.07	0.56	0.15	43.7%	11	228
117	1	59.9%	183.58	187.75	191.85	330.00	0.00	0.95	0.65	44.7%	3	188
0	4	—	199.60	0.00	0.00	340.00	0.00	1.89	0.30	47.6%	1	424
681	1	54.0%	154.67	168.35	171.65	350.00	0.02	1.02	0.45	40.0%	6	635
290	1	51.7%	167.44	158.60	162.05	360.00	0.17	0.45	0.17	32.9%	2	245
174	120	52.8%	142.85	148.85	152.00	370.00	0.14	0.51	0.43	31.3%	3	1,689
273	1	50.0%	143.23	138.90	142.20	380.00	0.16	0.47	0.45	28.7%	1	1,171
0	3	47.7%	130.75	128.80	132.65	390.00	0.25	0.66	0.59	28.1%	3	849
800	28	44.2%	118.50	119.35	122.50	400.00	0.50	0.83	0.58	26.9%	8	3,583
752	1	41.8%	102.47	109.60	112.90	410.00	0.31	1.39	0.94	27.3%	1	922
2,692	1	38.6%	92.77	99.90	102.90	420.00	0.50	1.24	1.09	24.3%	1	2,308
898	6	35.4%	91.80	90.80	92.85	430.00	1.07	1.38	1.15	22.5%	5	2,826
758	1	33.6%	70.40	81.25	83.65	440.00	1.32	1.75	1.46	21.3%	4	1,669
1,690	5	31.2%	67.00	71.70	74.20	450.00	1.62	1.96	1.82	19.5%	31	2,859
746	2	28.8%	63.60	62.25	64.80	460.00	2.20	2.50	2.35	18.3%	39	2,814
672	2	25.2%	53.00	53.55	54.55	470.00	2.76	3.30	3.13	17.1%	51	3,479
1,515	24	24.2%	45.12	44.50	46.50	480.00	4.10	4.50	4.28	16.2%	42	4,233
1,849	6	22.1%	37.24	36.20	37.90	490.00	5.55	6.20	5.93	15.3%	24	3,305
17,749	82	20.4%	29.11	28.75	30.00	500.00	7.95	8.50	8.27	14.4%	7	2,893
11,228	110	18.8%	22.34	21.35	22.80	510.00	10.90	11.70	11.48	13.6%	57	1,106
BRK.B $515.62
7,736	142	17.9%	16.60	16.00	17.00	520.00	15.10	15.90	15.45	12.8%	26	2,145
4,016	82	17.1%	11.45	11.10	12.10	530.00	20.05	21.50	20.60	12.2%	6	688
4,517	73	16.2%	7.75	6.95	8.00	540.00	26.45	28.55	34.40	11.8%	1	413
6,484	329	15.8%	5.02	4.80	5.30	550.00	33.90	37.10	36.89	12.3%	2	82
1,944	70	15.4%	3.10	2.80	3.30	560.00	43.40	46.60	53.60	13.6%	1	0
3,207	2	15.7%	2.00	1.56	2.26	570.00	0.00	0.00	63.02	—	2	0
1,549	69	15.3%	1.25	1.00	1.30	580.00	0.00	0.00	48.00	—	10	0
1,366	15	16.4%	0.82	0.69	1.10	590.00	0.00	0.00	87.15	—	2	0
3,441	70	16.3%	0.60	0.49	0.67	600.00	82.95	86.50	93.30	20.8%	6	0
370	1	19.1%	0.38	0.32	0.99	610.00	0.00	0.00	130.45	—	2	0
520	8	18.3%	0.34	0.18	0.51	620.00	110.60	114.60	92.97	37.9%	1	0
787	4	21.9%	0.29	0.00	0.99	630.00	138.50	142.50	135.35	58.7%	10	0
126	1	27.8%	0.38	0.00	2.36	640.00	155.55	159.05	140.90	68.2%	1	0
402	6	23.8%	0.23	0.00	0.80	650.00	157.55	162.00	161.36	62.3%	2	0
715	1	30.6%	0.57	0.00	2.31	660.00	172.30	175.55	158.02	68.9%	1	0
717	15	23.6%	0.15	0.11	0.40	670.00	—	—	—	—	—	—
0	10	12.5%	0.49	0.00	0.00	680.00	—	—	—	—	—	—
0	20	12.5%	0.65	0.00	0.00	690.00	173.50	177.45	170.14	36.9%	2	0
428	8	30.4%	0.21	0.02	0.90	700.00	197.55	203.50	190.98	60.6%	20	0
212	8	31.7%	0.31	0.00	0.94	710.00	—	—	—	—	—	—
135	1	38.8%	0.45	0.00	2.40	720.00	213.35	216.20	203.70	55.5%	—	0
287	9	26.6%	0.11	0.06	0.15	730.00	—	—	—	—	—	—
519	6	27.5%	0.08	0.01	0.15	740.00	246.50	250.05	223.60	77.0%	—	0
5,302	3	29.8%	0.09	0.00	0.23	750.00	248.00	252.50	240.00	68.2%	10	0

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 BRK.B put/call ratio?

For the January 15, 2027 expiration, the BRK.B put/call ratio based on open interest is 0.41 (44,762 puts vs 110,494 calls), and 0.30 based on today's volume. A ratio above 1 means more puts than calls.

What is BRK.B's implied volatility?

At-the-money implied volatility for BRK.B options expiring January 15, 2027 is about 15.4%, an annualized estimate of how much the market expects Berkshire Hathaway stock to move.

How many BRK.B option expiration dates are there?

BRK.B has 14 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.