British American Tobacco Industries p.l.c. (BTI) Options Chain
NYSE: BTIHealth Care Medicinal Chemicals and Botanical Products USD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Oct 16, 2026
- Days to expiration
- 7
- Share price
- $55.50
- Put/call ratio (OI)
- 0.69
- Put/call ratio (volume)
- 0.16
- Expected move
- ±$2.02
- Open interest (C / P)
- 3.10K / 2.13K
BTI options summary
The BTI options chain for the October 16, 2026 expiration lists 10 call and 8 put contracts, with 7 days until expiration. Open interest stands at 3,095 calls and 2,132 puts, a put/call ratio of 0.69, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $55.00 strike is 26.2%, which implies the market expects a move of about ±$2.02 (3.6%) in British American Tobacco Industries p.l.c. stock by expiration.
The most open interest sits at the $60.00 call (1.39K contracts) and the $55.00 put (1.60K contracts).
Summary generated from market data by MetaCap's automated system. Methodology
BTI options chain · October 16, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 23.23 | 23.90 | 27.20 | 30.00 | — | — | — | |||||
| 18.30 | 19.10 | 22.50 | 35.00 | — | — | — | |||||
| 13.10 | 14.30 | 16.70 | 40.00 | — | — | — | |||||
| 8.00 | 9.70 | 11.20 | 45.00 | 0.00 | 0.20 | 0.12 | |||||
| 5.60 | 5.40 | 6.10 | 50.00 | 0.00 | 0.10 | 0.04 | |||||
| 1.00 | 0.85 | 1.10 | 55.00 | 0.35 | 0.55 | 0.45 | |||||
| 0.05 | 0.00 | 0.10 | 60.00 | 4.30 | 4.80 | 7.37 | |||||
| 0.05 | 0.00 | 0.05 | 65.00 | 8.90 | 10.30 | 11.30 | |||||
| 0.05 | 0.00 | 0.20 | 70.00 | 13.20 | 16.20 | 16.20 | |||||
| 0.05 | 0.00 | 0.95 | 75.00 | — | — | — | |||||
| — | — | — | 80.00 | 23.30 | 26.30 | 26.07 | |||||
| — | — | — | 85.00 | 28.10 | 31.60 | 31.27 | |||||
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 BTI put/call ratio?
For the October 16, 2026 expiration, the BTI put/call ratio based on open interest is 0.69 (2,132 puts vs 3,095 calls), and 0.16 based on today's volume. A ratio above 1 means more puts than calls.
What is BTI's implied volatility?
At-the-money implied volatility for BTI options expiring October 16, 2026 is about 26.2%, an annualized estimate of how much the market expects British American Tobacco Industries p.l.c. stock to move.
How many BTI option expiration dates are there?
BTI has 13 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.