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 21, 2028
Days to expiration: 468
Share price: $515.62
Put/call ratio (OI): 0.27
Put/call ratio (volume): 0.31
ATM implied volatility: 19.5%
Expected move: ±$113.79
Open interest (C / P): 70.17K / 18.92K

BRK.B options summary

The BRK.B options chain for the January 21, 2028 expiration lists 50 call and 44 put contracts, with 468 days until expiration. Open interest stands at 70,175 calls and 18,922 puts, a put/call ratio of 0.27, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $520.00 strike is 19.5%, which implies the market expects a move of about ±$113.79 (22.1%) in Berkshire Hathaway stock by expiration.

The most open interest sits at the $540.00 call (17.61K contracts) and the $250.00 put (3.13K contracts).

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

BRK.B options chain · January 21, 2028

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
176	1	61.0%	283.50	281.50	286.20	250.00	0.23	0.99	0.52	31.5%	1	3,129
0	11	—	281.50	0.00	0.00	260.00	0.00	0.00	1.09	12.5%	3	0
14	3	57.2%	251.50	263.00	267.50	270.00	0.50	1.35	0.98	29.9%	44	190
47	3	55.4%	246.52	253.50	258.50	280.00	0.00	1.55	1.50	29.1%	1	49
4	2	45.4%	238.05	233.50	238.50	290.00	0.13	1.90	1.18	28.6%	1	18
104	1	52.0%	232.00	235.00	240.00	300.00	1.00	2.00	1.26	27.4%	1	212
0	2	—	202.26	0.00	0.00	310.00	1.09	2.27	1.99	26.6%	2	132
585	1	50.2%	209.71	217.00	221.00	320.00	1.32	2.57	2.01	25.9%	1	84
15,422	9	49.1%	208.72	208.00	212.50	330.00	1.68	2.90	2.24	25.1%	1	93
3,315	1	47.2%	199.62	199.00	203.05	340.00	2.12	3.30	2.70	24.4%	1	70
1,818	9	45.3%	191.54	190.00	193.55	350.00	2.23	3.55	3.10	23.4%	1	267
52	1	43.8%	174.77	181.00	184.50	360.00	2.65	4.25	3.40	22.9%	1	85
360	150	43.0%	165.20	172.00	176.50	370.00	3.10	4.80	4.11	22.2%	1	295
383	150	41.5%	158.60	163.00	167.50	380.00	3.85	5.45	5.06	21.6%	4	213
110	4	39.6%	148.25	154.00	157.95	390.00	4.35	6.25	5.55	21.0%	1	256
415	1	38.4%	147.50	145.75	149.40	400.00	5.30	6.45	6.14	19.7%	1	1,606
66	1	36.9%	139.50	137.00	140.50	410.00	6.15	6.95	7.00	18.7%	1	754
82	1	35.9%	130.70	128.50	132.50	420.00	7.15	8.45	8.00	18.5%	1	355
75	2	34.9%	114.95	120.00	124.55	430.00	8.45	10.60	10.05	18.6%	3	663
106	4	33.6%	106.00	112.50	116.00	440.00	9.65	10.90	10.10	17.2%	3	2,612
1,294	6	32.7%	105.35	104.50	108.55	450.00	11.30	14.00	12.00	17.6%	1	526
885	1	31.8%	97.33	96.70	101.00	460.00	13.30	14.35	13.80	16.1%	38	293
192	1	30.6%	90.15	89.30	93.00	470.00	15.40	17.95	17.03	16.3%	10	505
190	1	29.8%	83.50	82.00	86.00	480.00	17.85	20.45	19.50	15.8%	4	591
226	7	28.8%	67.50	75.65	78.90	490.00	20.50	23.00	21.12	15.1%	1	1,122
1,227	14	27.4%	69.50	68.55	70.70	500.00	23.65	24.80	24.30	14.0%	4	1,004
253	2	26.8%	62.49	61.90	64.75	510.00	26.90	28.70	31.00	13.6%	1	1,091
BRK.B $515.62
399	52	26.0%	57.28	56.00	58.50	520.00	31.05	32.60	33.15	13.0%	5	718
1,582	3	25.3%	51.00	50.00	52.75	530.00	34.85	37.60	36.14	12.7%	40	361
17,608	77	24.5%	45.85	45.05	46.85	540.00	39.85	41.95	41.00	11.8%	40	377
5,078	95	23.7%	40.80	40.15	41.40	550.00	45.20	46.80	48.00	10.9%	15	889
2,728	1	23.3%	32.50	34.50	37.00	560.00	50.90	53.20	61.25	10.3%	20	283
2,819	4	22.8%	31.80	30.90	32.70	570.00	57.90	61.00	66.70	10.2%	4	79
2,038	10	22.4%	27.03	26.15	28.90	580.00	0.00	0.00	76.55	—	9	0
870	194	21.9%	23.95	22.55	25.20	590.00	0.00	0.00	92.13	—	3	0
1,275	13	21.2%	21.30	20.45	21.30	600.00	0.00	0.00	96.00	—	1	0
169	12	21.2%	18.06	16.70	19.15	610.00	0.00	0.00	107.00	—	1	0
889	10	21.2%	16.00	14.40	17.30	620.00	0.00	0.00	96.55	—	1	0
633	1	20.6%	13.04	12.20	14.35	630.00	0.00	0.00	150.56	—	1	0
2,049	15	20.3%	11.00	10.35	12.30	640.00	155.00	159.50	162.47	32.0%	8	0
379	10	19.9%	10.36	9.10	10.30	650.00	0.00	0.00	129.00	—	1	0
399	2	19.8%	8.60	8.00	9.00	660.00	167.50	172.50	176.40	30.6%	8	0
309	20	19.5%	7.00	6.20	7.55	670.00	—	—	—	—	—	—
212	1	19.3%	6.35	5.95	6.35	680.00	—	—	—	—	—	—
432	3	19.8%	4.42	5.00	6.10	690.00	—	—	—	—	—	—
865	10	19.0%	4.58	4.00	4.50	700.00	0.00	0.00	179.15	—	5	0
289	37	20.0%	3.75	3.00	4.85	710.00	—	—	—	—	—	—
79	2	19.9%	3.53	2.50	4.20	720.00	—	—	—	—	—	—
397	2	19.8%	2.56	2.15	3.60	730.00	—	—	—	—	—	—
1,276	1	19.3%	2.00	2.00	2.79	740.00	222.00	227.00	236.00	19.2%	1	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 21, 2028 expiration, the BRK.B put/call ratio based on open interest is 0.27 (18,922 puts vs 70,175 calls), and 0.31 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 21, 2028 is about 19.5%, 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.