Permian Basin Royalty (PBT) Options Chain
NYSE: PBTEnergyOil & Gas ProductionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Nov 20, 2026
- Days to expiration
- 40
- Share price
- $34.86
- Put/call ratio (OI)
- 11.25
- Put/call ratio (volume)
- 6.75
- Expected move
- ±$9.07
- Open interest (C / P)
- 4 / 45
PBT options summary
The PBT options chain for the November 20, 2026 expiration lists 1 call and 2 put contracts, with 40 days until expiration. Open interest stands at 4 calls and 45 puts, a put/call ratio of 11.25, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $30.00 strike is 78.6%, which implies the market expects a move of about ±$9.07 (26.0%) in Permian Basin Royalty stock by expiration.
The most open interest sits at the $40.00 call (4 contracts) and the $30.00 put (23 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
PBT options chain · November 20, 2026
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 25.00 | 0.00 | 2.40 | 0.36 | |||||
| — | — | — | 30.00 | 0.00 | 3.00 | 1.45 | |||||
| 0.61 | 0.00 | 1.15 | 40.00 | — | — | — | |||||
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 PBT put/call ratio?
For the November 20, 2026 expiration, the PBT put/call ratio based on open interest is 11.25 (45 puts vs 4 calls), and 6.75 based on today's volume. A ratio above 1 means more puts than calls.
What is PBT's implied volatility?
At-the-money implied volatility for PBT options expiring November 20, 2026 is about 78.6%, an annualized estimate of how much the market expects Permian Basin Royalty stock to move.
How many PBT option expiration dates are there?
PBT has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 2027.
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.