Greenbrier Companies (GBX) Options Chain

NYSE: GBXIndustrialsRailroadsUSD

38.43-0.20 (-0.52%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $38.43
Put/call ratio (OI): 0.27
Put/call ratio (volume): 1.20
ATM implied volatility: 54.0%
Expected move: ±$6.88
Open interest (C / P): 971 / 262

GBX options summary

The GBX options chain for the November 20, 2026 expiration lists 10 call and 9 put contracts, with 40 days until expiration. Open interest stands at 971 calls and 262 puts, a put/call ratio of 0.27, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $37.50 strike is 54.0%, which implies the market expects a move of about ±$6.88 (17.9%) in Greenbrier Companies stock by expiration.

The most open interest sits at the $45.00 call (407 contracts) and the $37.50 put (95 contracts).

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

GBX options chain · November 20, 2026

GBX 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
—	—	—	—	—	—	30.00	0.05	0.75	0.40	61.9%	1	7
—	—	—	—	—	—	32.50	0.25	0.75	0.46	50.3%	1	36
—	—	—	—	—	—	35.00	0.45	1.40	0.52	56.9%	1	10
—	—	—	—	—	—	37.50	1.35	2.30	1.60	54.0%	1	95
GBX $38.43
—	—	—	2.48	—	—	40.00	2.70	3.70	3.00	54.4%	11	62
64	2	50.2%	0.85	0.65	1.15	42.50	4.60	5.70	3.20	60.6%	4	12
407	5	55.5%	0.67	0.30	0.85	45.00	6.70	7.70	4.10	62.5%	37	36
28	12	50.0%	0.95	0.05	0.65	47.50	—	—	—	—	—	—
18	17	57.1%	1.87	0.00	0.65	50.00	10.80	12.90	8.89	55.2%	—	1
402	2	56.5%	0.16	0.00	0.35	52.50	9.20	10.90	5.80	—	3	3
12	1	70.3%	0.46	0.00	0.60	55.00	—	—	—	—	—	—
5	5	81.2%	0.56	0.00	0.55	60.00	—	—	—	—	—	—
5	5	90.2%	0.40	0.00	0.50	65.00	—	—	—	—	—	—
30	—	104.9%	0.20	0.00	0.65	70.00	—	—	—	—	—	—

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 GBX put/call ratio?

For the November 20, 2026 expiration, the GBX put/call ratio based on open interest is 0.27 (262 puts vs 971 calls), and 1.20 based on today's volume. A ratio above 1 means more puts than calls.

What is GBX's implied volatility?

At-the-money implied volatility for GBX options expiring November 20, 2026 is about 54.0%, an annualized estimate of how much the market expects Greenbrier Companies stock to move.

How many GBX option expiration dates are there?

GBX has 5 listed expiration dates, from Oct 16, 2026 to Apr 16, 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.