Brown & Brown (BRO) Options Chain

NYSE: BROFinanceSpecialty InsurersUSD

62.88-0.87 (-1.36%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Mar 19, 2027
Days to expiration: 159
Share price: $62.88
Put/call ratio (OI): 0.08
Put/call ratio (volume): 0.19
ATM implied volatility: 35.6%
Expected move: ±$14.76
Open interest (C / P): 1.87K / 147

BRO options summary

The BRO options chain for the March 19, 2027 expiration lists 15 call and 14 put contracts, with 159 days until expiration. Open interest stands at 1,868 calls and 147 puts, a put/call ratio of 0.08, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $65.00 strike is 35.6%, which implies the market expects a move of about ±$14.76 (23.5%) in Brown & Brown stock by expiration.

The most open interest sits at the $35.00 call (1.01K contracts) and the $60.00 put (36 contracts).

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

BRO options chain · March 19, 2027

BRO 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
1,015	4	67.5%	25.45	26.90	30.70	35.00	—	—	—	—	—	—
5	3	57.3%	21.82	22.00	25.90	40.00	0.00	2.30	0.50	58.5%	1	5
124	232	68.8%	17.98	17.40	21.10	45.00	0.00	2.15	1.16	58.1%	1	4
18	2	58.9%	13.88	13.10	16.60	50.00	0.15	1.65	1.35	40.7%	2	12
39	1	51.4%	10.10	9.00	12.50	55.00	0.85	2.70	1.77	37.5%	2	23
45	2	47.5%	7.00	5.70	9.20	60.00	2.95	3.50	4.70	29.7%	1	36
BRO $62.88
26	1	42.2%	3.88	3.10	6.10	65.00	4.40	6.00	7.40	28.9%	29	35
46	22	45.0%	2.25	1.70	4.80	70.00	6.70	10.50	10.80	36.1%	4	18
461	35	40.4%	1.57	0.30	2.80	75.00	11.00	14.40	13.45	36.8%	4	10
53	1	34.4%	0.95	0.00	1.20	80.00	15.30	19.10	18.74	41.1%	2	4
14	1	41.7%	2.12	0.00	1.40	85.00	20.10	23.90	13.72	45.2%	2	0
19	2	41.8%	0.30	0.00	0.95	90.00	25.00	28.60	18.88	47.5%	2	0
1	4	48.4%	0.35	0.00	1.15	95.00	30.00	33.60	29.08	52.0%	2	0
1	1	52.5%	0.95	0.00	1.15	100.00	0.00	0.00	29.68	—	2	0
1	1	46.6%	0.60	0.00	0.50	105.00	40.00	44.20	30.63	66.1%	4	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 BRO put/call ratio?

For the March 19, 2027 expiration, the BRO put/call ratio based on open interest is 0.08 (147 puts vs 1,868 calls), and 0.19 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 March 19, 2027 is about 35.6%, 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.