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: Mar 19, 2027
Days to expiration: 159
Share price: $515.62
Put/call ratio (OI): 1.41
Put/call ratio (volume): 1.95
ATM implied volatility: 17.7%
Expected move: ±$60.37
Open interest (C / P): 10.85K / 15.30K

BRK.B options summary

The BRK.B options chain for the March 19, 2027 expiration lists 64 call and 51 put contracts, with 159 days until expiration. Open interest stands at 10,847 calls and 15,298 puts, a put/call ratio of 1.41, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $515.00 strike is 17.7%, which implies the market expects a move of about ±$60.37 (11.7%) in Berkshire Hathaway stock by expiration.

The most open interest sits at the $530.00 call (1.15K contracts) and the $460.00 put (2.55K contracts).

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

BRK.B options chain · March 19, 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
10	1	—	262.01	259.20	263.30	250.00	0.00	1.15	0.28	55.3%	30	125
—	—	—	—	—	—	260.00	0.00	1.50	0.31	55.0%	1	1
1	—	—	248.70	241.15	244.75	270.00	0.00	2.23	0.31	56.1%	5	25
15	15	66.3%	231.22	239.65	243.70	280.00	0.06	0.81	0.50	45.0%	1	23
69	—	—	197.20	206.25	210.15	290.00	0.00	1.73	0.60	48.4%	1	12
3	1	60.9%	209.75	220.00	224.05	300.00	0.05	1.33	0.76	43.8%	1	58
0	1	—	222.76	0.00	0.00	310.00	0.08	2.62	0.57	47.1%	1	11
0	—	—	194.00	0.00	0.00	320.00	0.00	0.68	0.46	35.1%	1	120
4	1	53.7%	193.10	191.00	194.60	330.00	0.03	0.92	0.51	34.7%	15	18
4	1	51.2%	174.27	181.15	184.80	340.00	0.22	0.95	0.54	32.9%	40	13
12	2	52.1%	157.71	171.50	175.05	350.00	0.26	0.83	0.64	30.2%	27	134
1	2	32.8%	166.61	154.05	157.50	360.00	0.47	1.23	0.73	30.3%	24	223
0	1	—	160.00	0.00	0.00	370.00	0.75	0.97	0.82	27.1%	38	160
30	3	45.1%	144.27	142.50	146.05	380.00	0.75	1.16	1.01	26.1%	20	419
0	2	—	116.90	0.00	0.00	390.00	1.03	1.23	1.15	24.5%	1	146
—	—	—	—	—	—	395.00	1.11	1.44	1.70	24.3%	11	35
0	1	—	135.34	0.00	0.00	400.00	1.10	1.57	1.75	23.7%	1	180
1	—	39.3%	117.00	119.00	121.80	405.00	1.40	1.81	1.70	23.5%	1	7
4	1	38.2%	123.60	114.00	117.05	410.00	1.38	2.01	1.69	23.0%	9	692
—	—	—	—	—	—	415.00	1.59	2.06	1.85	22.2%	202	42
498	2	36.2%	97.50	104.60	107.60	420.00	1.86	2.16	2.06	21.4%	10	429
2	1	35.1%	99.00	99.90	102.85	425.00	1.89	2.42	2.28	21.0%	5	154
18	4	34.1%	90.00	95.20	98.20	430.00	2.30	2.53	2.40	20.3%	26	867
2	1	33.4%	86.18	90.45	93.75	435.00	2.45	2.81	2.64	19.8%	6	321
236	1	32.2%	82.70	86.00	88.95	440.00	2.80	3.15	3.00	19.4%	23	282
—	—	—	—	—	—	445.00	3.15	3.50	3.39	18.9%	10	68
53	1	30.4%	84.39	77.00	79.95	450.00	3.60	4.05	3.70	18.7%	34	764
—	—	—	—	—	—	455.00	4.05	4.45	4.30	18.2%	10	413
32	2	28.8%	59.16	68.40	71.15	460.00	4.55	4.80	4.70	17.5%	24	2,547
8	5	27.7%	65.39	63.95	66.60	465.00	5.15	5.55	5.35	17.3%	14	1,149
142	1	27.2%	48.70	59.95	62.65	470.00	6.00	6.30	6.20	17.0%	81	510
9	8	26.4%	52.95	55.65	58.50	475.00	6.75	7.40	7.14	16.9%	6	957
143	1	26.0%	46.10	51.05	54.75	480.00	7.60	8.05	7.95	16.3%	15	1,096
34	1	25.0%	41.90	47.65	50.50	485.00	8.70	9.10	8.76	15.9%	32	358
235	7	24.5%	43.60	44.00	46.80	490.00	9.60	10.20	9.84	15.5%	21	534
54	2	23.4%	41.34	40.70	42.45	495.00	10.90	11.55	11.25	15.2%	7	278
204	20	22.9%	37.90	37.00	39.00	500.00	12.25	13.15	12.70	15.0%	30	633
172	16	22.3%	34.25	33.20	35.60	505.00	13.90	14.40	14.40	14.3%	11	332
278	5	21.4%	31.13	30.45	31.80	510.00	15.50	16.35	15.90	14.1%	3	416
119	3	21.6%	27.00	26.85	29.60	515.00	17.45	18.50	22.05	13.9%	1	130
BRK.B $515.62
550	15	20.5%	25.50	24.40	25.80	520.00	19.45	20.90	20.03	13.7%	18	260
479	25	20.7%	21.20	21.00	23.90	525.00	21.80	23.25	22.75	13.3%	35	97
1,152	7	19.7%	20.40	19.30	20.50	530.00	24.35	25.80	25.70	12.9%	29	40
234	21	19.1%	17.44	17.10	17.85	535.00	0.00	0.00	24.59	—	1	0
774	1	19.0%	15.60	14.90	15.95	540.00	30.00	32.15	45.35	12.5%	1	50
303	3	18.7%	13.55	12.90	14.05	545.00	33.15	35.70	32.20	12.3%	31	32
448	24	18.4%	11.55	11.25	12.20	550.00	37.05	39.15	43.00	11.8%	5	66
341	1	18.1%	9.90	8.80	10.50	555.00	40.45	42.85	54.79	11.4%	6	17
672	2	18.2%	9.00	8.20	9.45	560.00	44.10	47.65	61.50	12.0%	55	54
242	1	17.9%	7.33	6.95	8.00	565.00	0.00	0.00	64.40	—	—	0
1,075	1	17.7%	6.50	5.85	6.85	570.00	—	—	—	—	—	—
160	21	17.3%	5.40	5.10	5.65	575.00	—	—	—	—	—	—
685	206	17.2%	4.50	4.25	4.85	580.00	—	—	—	—	—	—
184	1	17.4%	3.95	3.40	4.30	585.00	—	—	—	—	—	—
169	9	17.1%	2.53	3.00	3.55	590.00	—	—	—	—	—	—
62	4	17.3%	2.30	2.02	3.15	595.00	—	—	—	—	—	—
395	5	17.0%	2.10	2.10	2.55	600.00	—	—	—	—	—	—
120	1	17.8%	1.70	1.13	2.24	610.00	—	—	—	—	—	—
63	6	18.1%	1.20	0.80	1.78	620.00	—	—	—	—	—	—
81	1	18.3%	1.05	0.68	1.39	630.00	—	—	—	—	—	—
21	1	18.0%	0.74	0.58	0.94	640.00	139.80	143.65	155.80	41.6%	1	0
19	10	18.9%	0.68	0.46	0.88	650.00	—	—	—	—	—	—
60	1	19.7%	0.48	0.31	0.85	660.00	—	—	—	—	—	—
144	1	23.7%	0.42	0.00	1.79	670.00	—	—	—	—	—	—
17	8	21.9%	0.33	0.00	0.92	680.00	—	—	—	—	—	—
4	1	22.5%	0.59	0.36	0.83	690.00	—	—	—	—	—	—
0	11	6.3%	0.45	0.00	0.00	700.00	—	—	—	—	—	—
0	1	12.5%	0.59	0.00	0.00	710.00	—	—	—	—	—	—
0	1	12.5%	0.71	0.00	0.00	720.00	—	—	—	—	—	—

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 BRK.B put/call ratio?

For the March 19, 2027 expiration, the BRK.B put/call ratio based on open interest is 1.41 (15,298 puts vs 10,847 calls), and 1.95 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 March 19, 2027 is about 17.7%, 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.