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: Sep 17, 2027
Days to expiration: 341
Share price: $515.62
Put/call ratio (OI): 1.12
Put/call ratio (volume): 3.11
ATM implied volatility: 19.0%
Expected move: ±$94.47
Open interest (C / P): 2.07K / 2.32K

BRK.B options summary

The BRK.B options chain for the September 17, 2027 expiration lists 42 call and 33 put contracts, with 341 days until expiration. Open interest stands at 2,072 calls and 2,323 puts, a put/call ratio of 1.12, which is fairly balanced between calls and puts. At-the-money implied volatility near the $520.00 strike is 19.0%, which implies the market expects a move of about ±$94.47 (18.3%) in Berkshire Hathaway stock by expiration.

The most open interest sits at the $540.00 call (279 contracts) and the $520.00 put (568 contracts).

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

BRK.B options chain · September 17, 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
9	7	64.3%	270.57	276.50	281.00	250.00	0.00	1.00	0.40	36.9%	160	204
9	8	60.0%	260.48	257.50	262.00	270.00	0.00	1.01	0.91	33.4%	8	11
—	—	—	—	—	—	280.00	0.00	2.73	0.84	37.9%	4	3
1	—	56.0%	231.42	238.50	243.00	290.00	0.00	1.35	0.80	31.6%	1	5
—	—	—	—	—	—	300.00	0.19	1.50	0.98	30.5%	2	11
—	—	—	—	—	—	310.00	0.00	2.35	1.17	31.4%	1	14
1	1	50.4%	201.50	210.50	214.50	320.00	0.00	3.25	1.25	31.8%	2	7
3	1	50.4%	190.00	200.50	205.00	330.00	1.01	2.19	1.56	27.7%	1	11
1	—	49.0%	187.78	191.50	196.00	340.00	—	—	—	—	—	—
—	—	—	—	—	—	350.00	1.50	2.77	1.85	25.9%	1	3
1	—	45.2%	174.80	173.00	177.20	360.00	1.74	3.15	2.50	25.0%	1	16
0	2	—	149.20	0.00	0.00	370.00	2.08	3.55	2.83	24.1%	1	2
1	1	42.0%	148.00	154.50	159.00	380.00	2.48	4.00	3.45	23.3%	25	35
0	4	—	131.65	0.00	0.00	390.00	2.97	4.50	3.80	22.4%	1	47
124	1	38.7%	133.86	136.50	140.65	400.00	3.50	5.25	4.55	21.7%	18	235
10	5	37.0%	117.90	128.00	131.50	410.00	4.50	5.10	5.00	20.0%	2	140
2	1	35.8%	115.00	119.10	123.00	420.00	5.05	7.00	6.50	20.3%	12	34
10	2	34.8%	105.20	110.00	115.00	430.00	5.85	8.30	7.19	19.8%	1	40
16	1	33.2%	97.50	102.20	106.00	440.00	7.30	8.35	8.94	18.2%	2	38
5	1	31.5%	82.11	93.50	96.95	450.00	8.75	10.60	9.33	18.1%	2	66
6	3	30.8%	87.61	85.55	89.70	460.00	10.35	11.30	10.60	16.8%	8	118
3	2	29.7%	72.10	78.05	82.00	470.00	12.30	13.20	12.90	16.2%	5	178
18	15	28.3%	71.50	70.55	73.85	480.00	14.60	15.65	15.73	15.7%	5	96
19	1	27.4%	65.21	63.65	66.75	490.00	17.35	18.20	18.00	15.1%	2	147
239	2	25.7%	58.00	56.50	58.50	500.00	20.40	21.20	20.22	14.5%	32	126
96	1	25.1%	52.00	50.65	52.50	510.00	23.85	24.90	24.20	14.0%	8	111
BRK.B $515.62
88	1	24.6%	45.45	44.20	46.85	520.00	27.85	28.90	28.30	13.3%	12	568
57	3	24.0%	40.20	38.60	41.45	530.00	32.05	34.60	39.60	13.3%	30	41
279	4	23.0%	34.56	33.90	35.65	540.00	37.05	38.90	37.90	12.2%	7	6
111	19	22.4%	29.85	29.00	30.80	550.00	42.95	45.00	44.33	11.7%	1	9
75	8	21.7%	25.65	24.75	26.30	560.00	49.40	51.95	62.60	11.3%	—	1
55	3	21.2%	21.45	21.30	22.35	570.00	0.00	0.00	73.95	—	1	0
167	3	20.6%	18.40	17.30	18.60	580.00	64.00	67.50	71.03	10.3%	1	0
87	2	20.6%	14.95	14.90	16.40	590.00	—	—	—	—	—	—
168	1	20.0%	12.50	12.40	13.25	600.00	—	—	—	—	—	—
76	1	19.7%	9.25	9.55	11.10	610.00	92.50	96.95	112.00	12.6%	1	0
172	1	19.4%	8.50	7.30	9.15	620.00	—	—	—	—	—	—
34	5	18.9%	6.92	6.00	7.25	630.00	—	—	—	—	—	—
84	1	19.1%	5.20	4.80	6.30	640.00	—	—	—	—	—	—
18	1	19.2%	4.50	3.85	5.50	650.00	—	—	—	—	—	—
8	1	19.1%	4.55	3.05	4.55	660.00	—	—	—	—	—	—
1	—	18.9%	2.62	2.43	3.65	670.00	—	—	—	—	—	—
1	—	19.0%	1.74	1.25	2.20	700.00	—	—	—	—	—	—
1	—	19.7%	1.45	0.83	1.85	720.00	—	—	—	—	—	—
1	1	19.8%	1.39	0.69	1.63	730.00	—	—	—	—	—	—
15	1	20.0%	1.12	0.57	1.44	740.00	—	—	—	—	—	—

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 September 17, 2027 expiration, the BRK.B put/call ratio based on open interest is 1.12 (2,323 puts vs 2,072 calls), and 3.11 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 September 17, 2027 is about 19.0%, 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.