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 23, 2026
Days to expiration: 12
Share price: $25.30
Put/call ratio (OI): 0.51
Put/call ratio (volume): 0.16
ATM implied volatility: 42.7%
Expected move: ±$1.96
Open interest (C / P): 8.09K / 4.17K

PBR options summary

The PBR options chain for the October 23, 2026 expiration lists 16 call and 12 put contracts, with 12 days until expiration. Open interest stands at 8,094 calls and 4,165 puts, a put/call ratio of 0.51, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $25.50 strike is 42.7%, which implies the market expects a move of about ±$1.96 (7.7%) in Petroleo Brasileiro S.A. Petrobras stock by expiration.

The most open interest sits at the $21.00 call (1.61K contracts) and the $19.00 put (1.46K contracts).

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

PBR options chain · October 23, 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
5	2	426.9%	10.80	9.25	13.25	14.00	—	—	—	—	—	—
—	—	—	—	—	—	18.00	0.00	2.13	0.04	224.4%	5	365
2	2	81.3%	6.14	6.40	7.25	18.50	0.00	2.13	0.05	212.3%	10	128
87	88	75.0%	5.65	5.90	6.75	19.00	0.00	2.13	0.02	200.6%	103	1,464
1,131	1,000	68.8%	4.60	5.40	6.25	19.50	0.00	2.13	0.04	188.9%	1	121
21	2	90.8%	4.76	4.90	5.45	20.00	0.00	2.13	0.04	177.5%	46	488
1,329	5	57.8%	3.59	4.40	5.25	20.50	0.00	0.09	0.57	64.1%	4	16
1,613	135	52.0%	4.35	3.90	4.75	21.00	0.00	0.54	0.05	90.0%	5	1,138
98	8	98.1%	2.70	3.40	4.25	21.50	0.00	0.04	0.07	50.4%	50	63
494	1	89.1%	2.27	2.97	3.75	22.00	0.00	0.07	0.06	50.4%	17	18
376	1	80.0%	3.03	2.52	3.25	22.50	0.00	0.13	0.14	51.8%	1	147
169	3	70.1%	2.40	2.22	2.74	23.00	0.07	0.17	0.10	48.4%	100	182
230	32	61.5%	1.92	1.82	2.25	23.50	—	—	—	—	—	—
460	36	53.2%	1.60	1.42	1.77	24.00	—	—	—	—	—	—
933	11	51.1%	1.24	1.09	1.73	24.50	—	—	—	—	—	—
PBR $25.30
839	280	42.7%	0.70	0.60	0.72	25.50	—	—	—	—	—	—
307	664	42.1%	0.44	0.41	0.51	26.00	0.77	1.52	1.07	58.9%	22	35

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 23, 2026 expiration, the PBR put/call ratio based on open interest is 0.51 (4,165 puts vs 8,094 calls), and 0.16 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 23, 2026 is about 42.7%, 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.