LandBridge LLC (LB) Options Chain

NYSE: LBEnergyOil & Gas ProductionUSD

86.25-1.21 (-1.38%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 41
Share price: $86.25
Put/call ratio (OI): 0.55
Put/call ratio (volume): 1.33
ATM implied volatility: 57.8%
Expected move: ±$16.70
Open interest (C / P): 747 / 409

LB options summary

The LB options chain for the November 20, 2026 expiration lists 15 call and 11 put contracts, with 41 days until expiration. Open interest stands at 747 calls and 409 puts, a put/call ratio of 0.55, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $85.00 strike is 57.8%, which implies the market expects a move of about ±$16.70 (19.4%) in LandBridge LLC stock by expiration.

The most open interest sits at the $100.00 call (332 contracts) and the $60.00 put (135 contracts).

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

LB options chain · November 20, 2026

LB 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
—	—	—	—	—	—	40.00	0.00	1.75	0.11	151.6%	3	15
0	—	—	30.90	0.00	0.00	45.00	0.00	1.75	0.05	131.3%	1	25
2	2	139.8%	31.18	36.90	39.40	50.00	0.00	0.75	0.10	94.2%	1	17
0	—	—	30.55	0.00	0.00	55.00	0.00	0.75	0.50	80.0%	1	9
5	1	82.1%	27.60	25.80	28.50	60.00	0.00	2.45	0.60	89.5%	1	135
8	2	74.6%	22.00	21.10	23.90	65.00	0.15	1.35	0.72	64.4%	1	14
65	4	70.5%	17.80	17.00	19.40	70.00	0.60	1.85	1.90	59.6%	3	128
30	6	63.6%	15.45	12.70	15.20	75.00	1.10	2.65	2.30	53.9%	7	31
38	2	58.4%	11.32	9.20	11.10	80.00	2.85	3.60	3.20	51.9%	12	10
52	2	60.1%	6.70	6.30	8.90	85.00	4.20	5.80	5.16	55.4%	5	20
LB $86.25
126	2	53.3%	5.47	4.10	5.20	90.00	7.00	9.00	11.63	58.5%	5	5
76	1	52.7%	3.30	2.70	3.30	95.00	—	—	—	—	—	—
332	2	55.0%	1.90	1.70	2.50	100.00	—	—	—	—	—	—
13	2	57.0%	1.50	0.60	2.35	105.00	—	—	—	—	—	—
0	1	12.5%	2.05	0.00	0.00	110.00	—	—	—	—	—	—
0	3	25.0%	2.35	0.00	0.00	115.00	—	—	—	—	—	—

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 LB put/call ratio?

For the November 20, 2026 expiration, the LB put/call ratio based on open interest is 0.55 (409 puts vs 747 calls), and 1.33 based on today's volume. A ratio above 1 means more puts than calls.

What is LB's implied volatility?

At-the-money implied volatility for LB options expiring November 20, 2026 is about 57.8%, an annualized estimate of how much the market expects LandBridge LLC stock to move.

How many LB option expiration dates are there?

LB has 5 listed expiration dates, from Oct 16, 2026 to May 21, 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.