Braze (BRZE) Options Chain

NASDAQ: BRZETechnologyComputer Software: Prepackaged SoftwareUSD

29.06+0.60 (+2.11%)

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

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $29.06
Put/call ratio (OI): 0.13
Put/call ratio (volume): 0.38
ATM implied volatility: 65.5%
Expected move: ±$9.76
Open interest (C / P): 3.35K / 419

BRZE options summary

The BRZE options chain for the January 15, 2027 expiration lists 20 call and 16 put contracts, with 96 days until expiration. Open interest stands at 3,347 calls and 419 puts, a put/call ratio of 0.13, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $30.00 strike is 65.5%, which implies the market expects a move of about ±$9.76 (33.6%) in Braze stock by expiration.

The most open interest sits at the $25.00 call (683 contracts) and the $17.50 put (149 contracts).

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

BRZE options chain · January 15, 2027

BRZE 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
2	—	505.1%	21.62	25.20	27.80	2.50	—	—	—	—	—	—
0	1	—	16.50	0.00	0.00	5.00	0.00	0.75	0.23	228.9%	2	2
—	—	—	—	—	—	7.50	0.05	0.95	0.30	189.4%	16	7
14	35	275.3%	17.00	20.30	23.30	10.00	0.00	0.00	0.10	50.0%	30	0
47	63	—	8.50	9.00	11.10	12.50	0.00	0.65	0.15	110.7%	4	54
16	1	60.5%	12.60	13.10	15.10	15.00	0.00	0.40	0.27	80.5%	1	105
100	2	72.8%	14.00	11.00	12.80	17.50	0.15	0.50	0.60	71.9%	10	149
490	1	69.0%	10.40	9.00	10.40	20.00	0.30	0.95	0.87	68.4%	2	36
89	2	68.8%	5.00	7.20	8.40	22.50	0.85	1.55	1.98	67.8%	1	22
683	4	68.4%	6.20	5.80	6.50	25.00	1.70	2.40	2.00	67.6%	1	17
35	10	67.8%	4.60	4.50	5.00	27.50	0.00	0.00	5.09	3.1%	3	0
BRZE $29.06
472	69	67.1%	3.80	3.10	4.10	30.00	3.90	4.80	3.32	63.9%	10	16
113	1	66.7%	2.25	2.20	3.20	32.50	5.20	6.60	9.00	62.6%	2	3
362	2	66.4%	1.90	1.45	2.55	35.00	13.40	15.40	16.16	176.1%	1	2
58	1	66.8%	0.80	1.10	1.90	37.50	—	—	—	—	—	—
467	10	66.0%	0.85	0.65	1.50	40.00	16.50	17.50	11.20	155.3%	6	6
62	4	63.0%	0.35	0.25	1.10	42.50	—	—	—	—	—	—
41	6	65.3%	0.30	0.15	0.95	45.00	—	—	—	—	—	—
174	20	65.4%	0.25	0.05	0.75	47.50	0.00	0.00	30.40	—	1	0
67	4	70.2%	1.65	0.05	0.75	50.00	20.10	22.30	26.00	64.1%	—	0
55	1	76.7%	0.40	0.00	0.70	55.00	—	—	—	—	—	—

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 BRZE put/call ratio?

For the January 15, 2027 expiration, the BRZE put/call ratio based on open interest is 0.13 (419 puts vs 3,347 calls), and 0.38 based on today's volume. A ratio above 1 means more puts than calls.

What is BRZE's implied volatility?

At-the-money implied volatility for BRZE options expiring January 15, 2027 is about 65.5%, an annualized estimate of how much the market expects Braze stock to move.

How many BRZE option expiration dates are there?

BRZE has 9 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.