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 18, 2028
Days to expiration: 495
Share price: $25.30
Put/call ratio (OI): 0.69
Put/call ratio (volume): 0.95
ATM implied volatility: 45.5%
Expected move: ±$13.41
Open interest (C / P): 9.48K / 6.51K

PBR options summary

The PBR options chain for the February 18, 2028 expiration lists 13 call and 10 put contracts, with 495 days until expiration. Open interest stands at 9,478 calls and 6,515 puts, a put/call ratio of 0.69, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $25.00 strike is 45.5%, which implies the market expects a move of about ±$13.41 (53.0%) in Petroleo Brasileiro S.A. Petrobras stock by expiration.

The most open interest sits at the $25.00 call (2.38K contracts) and the $25.00 put (2.76K contracts).

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

PBR options chain · February 18, 2028

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	2	83.6%	14.99	18.00	23.00	5.00	0.00	0.19	0.14	72.7%	10	0
108	100	114.5%	10.00	13.00	18.00	10.00	0.00	0.95	0.20	60.6%	13	88
109	5	88.1%	12.47	10.00	15.00	13.00	0.00	1.35	0.54	50.6%	2	504
1,180	2	74.4%	10.58	8.00	13.00	15.00	0.00	0.80	0.68	44.3%	5	1,170
229	14	38.2%	6.51	5.50	8.50	18.00	0.00	1.55	1.43	42.9%	12	362
1,534	18	43.5%	6.65	6.30	7.65	20.00	1.85	3.50	2.07	56.0%	252	363
722	10	33.1%	5.25	3.25	5.50	22.00	0.00	5.00	4.70	60.6%	1	1,232
2,377	108	33.1%	3.95	1.50	4.00	25.00	2.45	6.50	4.20	58.0%	1	2,756
PBR $25.30
252	31	52.7%	3.10	0.50	5.50	27.00	3.00	8.00	5.80	59.8%	2	40
926	5	35.5%	2.30	1.66	2.55	30.00	10.00	15.00	14.19	80.7%	—	0
51	1	60.8%	1.89	0.00	5.00	32.00	—	—	—	—	—	—
790	18	35.9%	1.25	0.14	1.54	35.00	—	—	—	—	—	—
1,196	1	36.4%	1.20	0.10	1.30	37.00	—	—	—	—	—	—

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 18, 2028 expiration, the PBR put/call ratio based on open interest is 0.69 (6,515 puts vs 9,478 calls), and 0.95 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 18, 2028 is about 45.5%, 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.