BRK-B · expected move by expiry
Berkshire Hathaway is priced to move 2.0% by 2026-Sep-04.
Options price a ±2.03% move (about $10.27) by 2026-Sep-04 (Fri), a range of 492.68 to 513.21 from the last price of 505.00. Max pain for that expiry is 505.00.
BRK-B
Berkshire Hathaway Inc.
Last
505.00 +1.30 (0.3%)
Next expiry move
±2.03% 6 days
Vol regime
Low
Put / call
0.79
Weekend
Fetched 2026-08-30, 02:55:31 AM ET
Fetched 2026-08-30, 02:55:31 AM ET
expected range last price 505.00 max painAxis 476 to 526, shared by every row
Expiry
Expected range (1 SD)
Expected move
Max pain
Odds inside
2026-Sep-04Fri, 6 days
492.68
513.21
Expected move±2.03%±$10.27
Max pain505.000.0% above last price
Odds of closing inside72%put/call 0.79
2026-Sep-11Fri, 13 days
488.82
515.78
Expected move±2.67%±$13.48
Max pain505.000.0% above last price
Odds of closing inside68%put/call 2.60
2026-Sep-18Fri, 20 days
484.85
518.43
Expected move±3.32%±$16.79
Max pain490.003.0% below last price
Odds of closing inside68%put/call 0.59
2026-Sep-25Fri, 27 days
481.06
520.96
Expected move±3.95%±$19.95
Max pain505.000.0% above last price
Odds of closing inside68%put/call 2.14
2026-Oct-02Fri, 34 days
478.18
522.88
Expected move±4.43%±$22.35
Max pain500.001.0% below last price
Odds of closing inside68%put/call 1.87
Options flow, nearest expiry
Neutral
Expensive options, selling pressure likely Score -0.15 on a -1 to +1 scale.
Key levels from open interest
505.00 / 510.00
Heaviest put open interest sits at 505.00 and heaviest call open interest at 510.00. Price tends to gravitate toward large open interest into expiry.
Setup
Technical Breakout / Breakdown
Read from implied volatility, momentum and breakout signals across the chain. Descriptive, not a forecast.
Reading the BRK-B expected move table
Each row is one expiry. The shaded band is the one-standard-deviation range the option chain implies for BRK-B on that date: the market gives roughly a two-in-three chance that BRK-B closes inside it and a one-in-three chance it closes outside. The black tick is the last traded price, 505.00. The diamond is max pain, the strike where option holders would collect the least if the stock settled there.
The range widens with time because uncertainty compounds with the square root of time: the 2026-Oct-02 range (±4.43%) is wider than the 2026-Sep-04 range (±2.03%) even though the daily volatility behind both is the same. Read the methodology for the formulas, or the guide to what the expected move means in practice.
Figures are derived from delayed public option data and recalculated through the trading day. Nothing on this page is investment advice. Machine-readable version: /api/expected-move/BRK-B.
Other tickers