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: Feb 19, 2027
Days to expiration: 131
Share price: $25.30
Put/call ratio (OI): 0.81
Put/call ratio (volume): 1.07
ATM implied volatility: 46.1%
Expected move: ±$6.99
Open interest (C / P): 5.39K / 4.37K

PBR options summary

The PBR options chain for the February 19, 2027 expiration lists 24 call and 16 put contracts, with 131 days until expiration. Open interest stands at 5,389 calls and 4,368 puts, a put/call ratio of 0.81, which is fairly balanced between calls and puts. At-the-money implied volatility near the $25.00 strike is 46.1%, which implies the market expects a move of about ±$6.99 (27.6%) in Petroleo Brasileiro S.A. Petrobras stock by expiration.

The most open interest sits at the $20.00 call (2.06K contracts) and the $15.00 put (821 contracts).

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

PBR options chain · February 19, 2027

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
4	20	79.7%	8.00	13.45	17.30	10.00	0.00	0.00	0.08	25.0%	4	0
61	—	174.0%	7.15	12.20	16.25	11.00	0.00	2.14	0.13	137.3%	10	20
3	1	159.3%	11.80	11.20	15.25	12.00	0.00	0.83	0.10	93.8%	100	135
0	1	147.8%	8.85	10.30	14.30	13.00	0.00	2.16	0.05	115.0%	4	357
3	2	137.1%	7.90	9.35	13.35	14.00	0.00	0.27	0.07	59.4%	5	165
6	1	83.9%	6.35	8.60	11.05	15.00	0.00	0.30	0.10	54.6%	2	821
25	4	116.4%	5.20	7.30	11.40	16.00	0.00	0.19	0.11	51.6%	30	244
357	12	55.9%	8.47	8.25	8.70	17.00	0.00	0.64	0.20	52.4%	15	544
551	5	99.2%	7.10	5.40	9.50	18.00	0.03	0.45	0.26	51.5%	15	681
79	48	91.1%	5.41	4.50	8.55	19.00	0.09	0.62	1.39	50.7%	20	81
2,055	15	43.8%	5.66	5.55	5.90	20.00	0.40	0.78	0.55	48.6%	50	577
289	1	42.5%	4.95	4.70	5.10	21.00	0.00	2.84	0.85	56.4%	20	178
576	15	44.5%	3.55	3.60	4.50	22.00	0.75	3.10	1.00	58.9%	5	460
233	27	50.1%	2.90	2.87	5.50	23.00	0.00	3.45	1.28	78.6%	1	63
224	2	71.9%	2.87	2.07	4.90	24.00	—	—	—	—	—	—
115	56	40.6%	2.39	2.25	2.60	25.00	1.55	4.35	2.73	51.6%	3	41
PBR $25.30
131	3	70.2%	2.00	1.03	3.95	26.00	—	—	—	—	—	—
150	1	53.7%	1.60	1.08	2.57	27.00	6.90	11.10	10.90	133.0%	—	1
80	2	37.8%	0.96	0.98	1.30	28.00	—	—	—	—	—	—
234	6	38.1%	1.00	0.87	1.05	29.00	—	—	—	—	—	—
119	1	42.3%	0.77	0.56	1.05	30.00	—	—	—	—	—	—
47	1	56.2%	0.40	0.41	2.75	31.00	—	—	—	—	—	—
7	1	57.8%	0.39	0.29	2.63	32.00	—	—	—	—	—	—
40	40	48.3%	0.22	0.01	0.57	35.00	—	—	—	—	—	—

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 February 19, 2027 expiration, the PBR put/call ratio based on open interest is 0.81 (4,368 puts vs 5,389 calls), and 1.07 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 February 19, 2027 is about 46.1%, 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.