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: Feb 19, 2027
Days to expiration: 130
Share price: $86.25
Put/call ratio (OI): 0.45
Put/call ratio (volume): 0.26
ATM implied volatility: 52.3%
Expected move: ±$26.93
Open interest (C / P): 387 / 175

LB options summary

The LB options chain for the February 19, 2027 expiration lists 20 call and 12 put contracts, with 130 days until expiration. Open interest stands at 387 calls and 175 puts, a put/call ratio of 0.45, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $85.00 strike is 52.3%, which implies the market expects a move of about ±$26.93 (31.2%) in LandBridge LLC stock by expiration.

The most open interest sits at the $90.00 call (115 contracts) and the $70.00 put (96 contracts).

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

LB options chain · February 19, 2027

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
1	1	—	30.30	40.90	45.10	35.00	0.00	0.00	0.50	25.0%	1	0
14	16	110.8%	38.20	47.10	50.00	40.00	0.00	2.95	2.23	97.7%	1	1
1	2	77.7%	39.13	41.00	43.60	45.00	0.00	1.90	0.45	75.8%	1	4
6	4	69.4%	38.68	35.90	39.00	50.00	0.10	1.75	0.60	65.0%	7	13
8	3	64.7%	36.85	31.20	34.50	55.00	0.00	0.00	2.80	12.5%	1	0
36	36	81.2%	25.25	29.70	31.90	60.00	0.20	3.40	1.50	57.0%	1	2
0	1	—	26.25	0.00	0.00	65.00	0.90	3.60	3.34	51.6%	1	13
1	1	57.6%	21.71	18.90	22.50	70.00	1.80	4.90	4.00	50.2%	10	96
29	2	57.0%	19.35	15.80	19.10	75.00	3.20	6.30	6.48	57.6%	6	27
33	1	54.0%	11.94	12.70	15.50	80.00	5.10	7.70	7.93	53.3%	1	5
48	7	53.0%	11.35	10.20	12.70	85.00	7.30	9.90	8.90	51.6%	1	5
LB $86.25
115	36	54.5%	6.83	8.10	11.20	90.00	10.50	13.20	14.00	53.5%	5	9
42	9	55.8%	8.70	6.80	9.50	95.00	—	—	—	—	—	—
11	2	55.2%	6.74	5.10	8.00	100.00	—	—	—	—	—	—
0	1	62.4%	5.01	0.00	6.70	105.00	—	—	—	—	—	—
6	1	53.3%	5.07	2.45	5.50	110.00	—	—	—	—	—	—
0	1	12.5%	3.17	0.00	0.00	115.00	—	—	—	—	—	—
16	5	53.0%	3.05	0.95	4.00	120.00	—	—	—	—	—	—
16	4	55.3%	2.54	0.60	3.90	125.00	—	—	—	—	—	—
4	3	59.3%	1.05	0.25	3.50	135.00	—	—	—	—	—	—

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 February 19, 2027 expiration, the LB put/call ratio based on open interest is 0.45 (175 puts vs 387 calls), and 0.26 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 February 19, 2027 is about 52.3%, 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.