B2Gold (BTG) Options Chain

NYSE: BTGBasic MaterialsPrecious MetalsUSD

5.25+0.13 (+2.54%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $5.25
Put/call ratio (OI): 0.05
Put/call ratio (volume): 0.63
ATM implied volatility: 59.8%
Expected move: ±$3.55
Open interest (C / P): 192.57K / 10.29K

BTG options summary

The BTG options chain for the January 21, 2028 expiration lists 13 call and 12 put contracts, with 468 days until expiration. Open interest stands at 192,574 calls and 10,286 puts, a put/call ratio of 0.05, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $5.00 strike is 59.8%, which implies the market expects a move of about ±$3.55 (67.7%) in B2Gold stock by expiration.

The most open interest sits at the $10.00 call (68.31K contracts) and the $1.00 put (2.00K contracts).

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

BTG options chain · January 21, 2028

BTG 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
43	1	182.0%	4.85	4.30	5.50	0.50	—	—	—	—	—	—
150	1	91.4%	4.32	4.00	4.60	1.00	0.00	1.10	0.05	214.1%	600	2,000
245	2	109.0%	3.80	3.50	4.00	1.50	0.00	0.10	0.05	69.5%	1	514
2,869	60	54.7%	3.32	3.10	3.50	2.00	0.00	0.15	0.04	60.2%	1	150
2,497	3	58.2%	2.75	2.70	3.10	2.50	0.05	0.15	0.12	51.6%	15	133
4,212	10	60.0%	2.52	2.40	2.70	3.00	0.20	0.30	0.21	55.7%	400	1,144
11,991	601	59.7%	2.10	2.10	2.35	3.50	0.25	0.60	0.35	56.5%	70	720
9,769	2	58.7%	1.95	1.80	2.05	4.00	0.45	0.60	0.50	50.3%	102	1,548
10,770	7	59.8%	1.65	1.60	1.80	4.50	0.60	0.90	0.78	57.3%	3	1,832
23,610	45	59.2%	1.40	1.40	1.55	5.00	0.40	1.25	1.10	60.4%	14	723
BTG $5.25
11,587	8	57.4%	1.27	1.15	1.35	5.50	0.80	2.25	1.34	58.5%	5	975
46,516	654	56.1%	0.70	0.65	0.75	7.50	2.35	2.85	2.85	51.9%	4	468
68,315	629	56.7%	0.37	0.35	0.40	10.00	4.70	5.10	4.81	55.5%	69	79

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 BTG put/call ratio?

For the January 21, 2028 expiration, the BTG put/call ratio based on open interest is 0.05 (10,286 puts vs 192,574 calls), and 0.63 based on today's volume. A ratio above 1 means more puts than calls.

What is BTG's implied volatility?

At-the-money implied volatility for BTG options expiring January 21, 2028 is about 59.8%, an annualized estimate of how much the market expects B2Gold stock to move.

How many BTG option expiration dates are there?

BTG has 10 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.