Brown & Brown (BRO) Options Chain
NYSE: BROFinanceSpecialty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 40
- Share price
- $62.88
- Put/call ratio (OI)
- 1.03
- Put/call ratio (volume)
- 0.24
- Expected move
- ±$8.40
- Open interest (C / P)
- 87 / 90
BRO options summary
The BRO options chain for the November 20, 2026 expiration lists 5 call and 5 put contracts, with 40 days until expiration. Open interest stands at 87 calls and 90 puts, a put/call ratio of 1.03, which is fairly balanced between calls and puts. At-the-money implied volatility near the $65.00 strike is 40.3%, which implies the market expects a move of about ±$8.40 (13.4%) in Brown & Brown stock by expiration.
The most open interest sits at the $70.00 call (40 contracts) and the $55.00 put (70 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
BRO options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 12.10 | 11.70 | 15.20 | 50.00 | 0.00 | 0.45 | 0.30 | |||||
| — | — | — | 55.00 | 0.30 | 0.60 | 0.39 | |||||
| 4.50 | 2.75 | 5.80 | 60.00 | 0.80 | 1.70 | 1.43 | |||||
| 1.95 | 0.75 | 2.00 | 65.00 | 2.30 | 5.10 | 3.70 | |||||
| 0.80 | 0.05 | 1.00 | 70.00 | 5.60 | 9.00 | 8.13 | |||||
| 0.30 | 0.00 | 0.70 | 75.00 | — | — | — | |||||
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 BRO put/call ratio?
For the November 20, 2026 expiration, the BRO put/call ratio based on open interest is 1.03 (90 puts vs 87 calls), and 0.24 based on today's volume. A ratio above 1 means more puts than calls.
What is BRO's implied volatility?
At-the-money implied volatility for BRO options expiring November 20, 2026 is about 40.3%, an annualized estimate of how much the market expects Brown & Brown stock to move.
How many BRO option expiration dates are there?
BRO has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 2027.
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.