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

NYSE: PBREnergyOil & Gas ProductionUSD

25.30+0.61 (+2.47%)

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

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 5
Share price: $25.30
Put/call ratio (OI): 0.73
Put/call ratio (volume): 0.25
ATM implied volatility: 44.9%
Expected move: ±$1.33
Open interest (C / P): 158.41K / 115.82K

PBR options summary

The PBR options chain for the October 16, 2026 expiration lists 34 call and 31 put contracts, with 5 days until expiration. Open interest stands at 158,413 calls and 115,818 puts, a put/call ratio of 0.73, which is fairly balanced between calls and puts. At-the-money implied volatility near the $25.00 strike is 44.9%, which implies the market expects a move of about ±$1.33 (5.3%) in Petroleo Brasileiro S.A. Petrobras stock by expiration.

The most open interest sits at the $22.00 call (34.54K contracts) and the $17.00 put (27.01K contracts).

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

PBR options chain · October 16, 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
1	1	1545.3%	16.10	18.25	22.25	5.00	0.00	2.13	0.22	1195.3%	2	3
1	1	1351.2%	14.94	17.25	21.25	6.00	—	—	—	—	—	—
1	2	1202.3%	14.02	16.25	20.25	7.00	—	—	—	—	—	—
—	—	—	—	—	—	9.00	0.01	0.09	0.06	387.5%	25	39
1	—	893.0%	14.52	13.25	17.25	10.00	0.00	0.01	0.05	262.5%	1	26
2	1	816.0%	14.30	12.20	16.25	11.00	0.00	0.11	0.01	321.9%	1	156
6	6	747.3%	6.49	11.25	15.25	12.00	0.00	2.13	0.03	587.5%	5	1,974
33	1	685.2%	12.41	10.20	14.25	13.00	0.00	0.02	0.02	206.3%	5	594
11	10	628.3%	10.00	9.20	13.25	14.00	0.00	0.01	0.01	175.0%	1	2,924
33	1	467.4%	6.62	8.95	11.50	15.00	0.00	0.03	0.01	175.0%	1	12,224
32	2	425.2%	4.60	7.95	10.50	16.00	0.00	0.01	0.01	137.5%	1	6,700
—	—	—	—	—	—	16.50	0.00	2.13	0.04	385.9%	—	15
1,821	1	262.1%	7.64	7.90	9.50	17.00	0.00	0.11	0.02	167.2%	1	27,010
—	—	—	—	—	—	17.50	0.00	2.13	0.06	348.4%	3	7
4,974	35	143.8%	7.25	6.95	7.75	18.00	0.00	0.04	0.01	125.0%	4	9,416
—	—	—	—	—	—	18.50	0.00	0.94	0.02	230.1%	22	597
14,334	59	50.0%	6.51	6.10	6.50	19.00	0.00	0.01	0.01	87.5%	29	11,967
26	25	101.6%	2.24	5.65	6.00	19.50	0.00	0.25	0.05	138.7%	1	3,960
30,461	33	105.5%	5.29	5.15	5.35	20.00	0.00	0.04	0.01	90.6%	1	17,975
260	8	50.0%	4.88	4.60	5.00	20.50	0.00	0.05	0.01	84.4%	4	890
12,725	50	50.0%	4.50	4.10	4.50	21.00	0.00	0.05	0.03	76.6%	1	9,639
4,721	6	109.8%	3.60	3.60	4.00	21.50	0.00	0.28	0.03	99.2%	11	1,139
34,543	121	98.2%	3.37	3.10	3.50	22.00	0.00	0.05	0.04	60.2%	5	2,855
1,598	4	84.0%	2.75	2.63	2.98	22.50	—	—	—	—	—	—
19,898	159	74.2%	2.33	2.15	2.49	23.00	0.02	0.18	0.04	60.5%	98	2,862
487	67	62.7%	1.88	1.67	1.99	23.50	—	—	—	—	—	—
16,901	143	46.3%	1.41	1.26	1.45	24.00	0.11	0.61	0.11	68.2%	193	2,106
11,294	2,504	48.0%	0.61	0.62	0.78	25.00	0.32	0.40	0.39	41.8%	686	682
PBR $25.30
2,765	589	42.8%	0.24	0.19	0.28	26.00	0.70	1.23	0.93	63.6%	92	55
627	595	46.7%	0.09	0.03	0.11	27.00	0.57	3.40	3.05	66.4%	1	2
150	180	65.6%	0.03	0.00	0.25	28.00	0.85	4.80	4.01	65.6%	1	1
11	125	59.4%	0.02	0.00	0.06	29.00	2.51	5.05	9.95	72.7%	—	0
415	44	72.7%	0.06	0.02	0.05	30.00	—	—	—	—	—	—
1	4	70.3%	0.01	0.00	0.02	31.00	4.50	7.00	9.99	89.8%	—	0
1	—	78.1%	0.05	0.00	0.02	32.00	5.50	8.05	7.35	108.6%	1	0
4	—	99.2%	0.17	0.00	0.05	33.00	—	—	—	—	—	—
5	2	96.9%	0.01	0.00	0.02	34.00	—	—	—	—	—	—
270	2	96.9%	0.02	0.00	0.01	35.00	8.50	11.05	13.79	140.2%	—	0

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 16, 2026 expiration, the PBR put/call ratio based on open interest is 0.73 (115,818 puts vs 158,413 calls), and 0.25 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 16, 2026 is about 44.9%, 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 17 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.