Petroleo Brasileiro S.A. Petrobras (PBR) Options Chain

NYSE: PBREnergyOil & Gas ProductionUSD

24.69+0.695 (+2.90%)

Market open · Delayed 15 min · as of Oct 8, 3:53 PM ET

Expiration date

Expiration: Oct 9, 2026
Days to expiration: 1
Share price: $24.75
Put/call ratio (OI): 0.88
Put/call ratio (volume): 0.59
ATM implied volatility: 39.9%
Expected move: ±$0.5175
Open interest (C / P): 29.36K / 25.82K

PBR options summary

The PBR options chain for the October 9, 2026 expiration lists 25 call and 25 put contracts, with 1 day until expiration. Open interest stands at 29,355 calls and 25,816 puts, a put/call ratio of 0.88, which is fairly balanced between calls and puts. At-the-money implied volatility near the $25.00 strike is 39.9%, which implies the market expects a move of about ±$0.5175 (2.1%) in Petroleo Brasileiro S.A. Petrobras stock by expiration.

The most open interest sits at the $21.50 call (7.22K contracts) and the $21.00 put (4.23K contracts).

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

PBR options chain · October 9, 2026

PBR 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
9	2	653.1%	13.57	13.55	13.90	11.00	0.00	0.01	0.01	400.0%	2	3
13	4	590.6%	12.63	12.55	12.90	12.00	0.00	0.08	0.09	468.8%	3	4
14	4	532.8%	11.70	11.55	11.90	13.00	0.00	2.13	0.01	912.5%	1	1
8	2	50.0%	11.19	11.10	11.40	13.50	—	—	—	—	—	—
—	—	—	—	—	—	14.00	0.00	2.13	1.04	831.3%	1	1
6	2	454.7%	10.20	10.00	10.40	14.50	—	—	—	—	—	—
—	—	—	—	—	—	15.00	0.00	2.13	0.09	755.5%	20	29
—	—	—	—	—	—	16.00	0.00	2.13	0.11	684.4%	—	0
4	7	259.4%	8.25	8.15	8.40	16.50	0.00	2.13	0.03	650.0%	1	1
55	3	243.8%	7.60	7.65	7.90	17.00	0.00	2.13	0.01	616.8%	2	407
3	4	228.1%	7.32	7.15	7.40	17.50	0.00	2.13	0.01	584.4%	1	866
6	1	210.9%	6.65	6.65	6.90	18.00	0.00	0.23	0.01	278.9%	5	1,571
12	1	193.8%	6.14	6.15	6.40	18.50	0.00	0.01	0.01	156.3%	20	1,511
235	17	50.0%	4.73	5.65	5.85	19.00	0.00	0.65	0.01	315.6%	3	2,388
571	1	164.1%	5.22	5.15	5.40	19.50	0.00	0.02	0.04	143.8%	85	3,757
335	3	150.0%	4.58	4.65	4.90	20.00	0.00	0.02	0.02	131.3%	62	1,586
496	5	50.0%	4.28	4.15	4.35	20.50	0.00	0.02	0.01	115.6%	1	2,729
2,504	92	50.0%	3.78	3.65	3.85	21.00	0.00	2.13	0.01	373.1%	72	4,228
7,219	53	50.0%	2.89	3.15	3.35	21.50	0.00	0.04	0.02	101.6%	60	2,796
6,867	14	90.6%	2.65	2.67	2.88	22.00	0.00	0.04	0.02	87.5%	71	120
2,247	24	65.6%	2.24	2.14	2.38	22.50	0.00	0.04	0.01	73.4%	9	663
1,838	55	61.7%	1.55	1.64	1.91	23.00	0.01	0.03	0.02	59.4%	2	444
642	37	80.1%	1.34	1.15	1.40	23.50	0.01	0.03	0.02	49.2%	90	626
2,545	235	67.6%	0.85	0.75	0.95	24.00	0.03	0.07	0.06	43.4%	82	1,599
PBR $24.75
1,648	524	37.7%	0.17	0.12	0.17	25.00	0.31	0.45	0.64	42.2%	203	343
1,312	73	50.0%	0.04	0.00	0.04	26.00	1.18	1.33	2.03	60.9%	1	142
586	2	69.5%	0.01	0.00	0.05	27.00	1.90	3.40	2.95	157.8%	2	1
180	179	106.3%	0.01	0.00	0.01	30.00	—	—	—	—	—	—

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 PBR put/call ratio?

For the October 9, 2026 expiration, the PBR put/call ratio based on open interest is 0.88 (25,816 puts vs 29,355 calls), and 0.59 based on today's volume. A ratio above 1 means more puts than calls.

What is PBR's implied volatility?

At-the-money implied volatility for PBR options expiring October 9, 2026 is about 39.9%, an annualized estimate of how much the market expects Petroleo Brasileiro S.A. Petrobras stock to move.

How many PBR option expiration dates are there?

PBR has 18 listed expiration dates, from Oct 9, 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.