What is BNO's IV rank?

At the close on Sep 28, 2026, BNO's IV rank was 36 with 30-day implied volatility of 57.7%. IV sits 36% of the way from its one-year low to its one-year high. Its IV percentile was 61: IV is higher than 61% of the past year's readings.

What is the expected move for BNO?

Based on the close on Sep 28, 2026, options expiring Oct 30, 2026 priced a one standard deviation move of $10.42 (17.3%), a range of $49.91 to $70.75. Roughly two times in three, the stock would finish inside that range if the options are priced fairly.

Which option screens have trades on BNO?

At the close on Sep 28, 2026, these OptionClaws preset screens had passing trades on BNO: Long Call Butterflies for Pinning (12), Married Put Protection (1). Open a screen in the app to see the individual trades, refreshed intraday.

Is BNO option volume above average?

On Sep 28, 2026, BNO option volume was 1.2x its average, close to normal.

BNO options: IV rank, expected move and trade screens

United States Brent Oil Fund, LP · Financials

As of the close on Sep 28, 2026. In the app, data is refreshed intraday.

BNO closed at $60.33 on Sep 28, 2026 with 30-day implied volatility of 57.7%. That is in the lower half of its one-year range (IV rank 36), so premiums are on the modest side for BNO. Measured by IV percentile, IV is higher than 61% of the past year's readings. Options expiring Oct 30 (32 days out) price a one standard deviation move of about $10.42, or 17.3%.

The price is above both its 50-day (+12.7%) and 200-day (+33.9%) moving averages. It is 5.1% below its 52-week high and 121.8% above its 52-week low. The 14-day RSI of 58.9 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $2.00, about 3.3% of the price, a measure of a typical day's range.

Option volume at the close (21K contracts) was 1.2x its average, close to normal. A negative beta of -1.27 means BNO has tended to move against the broad market. 2 of our preset screens found trades on BNO at the close, led by Long Call Butterflies for Pinning with 12 trades.

BNO stats at the close

Price: $60.33; Market cap $748M
Implied volatility: 57.7%; 30-day, at the money
IV rank: 36; IV sits 36% of the way from its one-year low to its one-year high.
IV percentile: 61; IV is higher than 61% of the past year's readings.
ATR (14-day): $2.00; 3.3% of the price on a typical day
RSI (14-day): 58.9; Between 30 and 70, neutral
52-week range: -5.1% from high; +121.8% from the 52-week low
Moving averages: +12.7% vs 50-day; +33.9% vs the 200-day
Beta: -1.27; Sensitivity to the broad market
Option volume: 1.2x avg; 21K contracts vs 17.2K average

BNO expected move by expiration

Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.

Expiration	IV	Expected move	1 SD range	Straddle
Oct 2, 20264 days	65.4%	±$4.13 (6.9%)	$56.20 to $64.46	$3.30
Oct 30, 202632 days	58.3%	±$10.42 (17.3%)	$49.91 to $70.75	$8.30
Nov 20, 202653 days	55.4%	±$12.74 (21.1%)	$47.59 to $73.07	$10.10
Jan 15, 2027109 days	52.8%	±$17.42 (28.9%)	$42.91 to $77.75	$13.75

Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.

Trades that pass our screens as of the close

Counts and ranges for BNO from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.

Long Call Butterflies for Pinning

Call Butterfly

12 trades pass on BNO

Return on risk: 122.2% to 1,000%+
Probability of profit: 9.1% to 100.0%

Butterfly spread screener

Married Put Protection

Married Put

1 trade passes on BNO

Probability of profit: 39.4%

Married put screener

BNO options FAQ

What is BNO's IV rank?: At the close on Sep 28, 2026, BNO's IV rank was 36 with 30-day implied volatility of 57.7%. IV sits 36% of the way from its one-year low to its one-year high. Its IV percentile was 61: IV is higher than 61% of the past year's readings.
What is the expected move for BNO?: Based on the close on Sep 28, 2026, options expiring Oct 30, 2026 priced a one standard deviation move of $10.42 (17.3%), a range of $49.91 to $70.75. Roughly two times in three, the stock would finish inside that range if the options are priced fairly.
Which option screens have trades on BNO?: At the close on Sep 28, 2026, these OptionClaws preset screens had passing trades on BNO: Long Call Butterflies for Pinning (12), Married Put Protection (1). Open a screen in the app to see the individual trades, refreshed intraday.
Is BNO option volume above average?: On Sep 28, 2026, BNO option volume was 1.2x its average, close to normal.

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Market data as of the prior close, for information and education only. Not investment advice. Options involve substantial risk and are not suitable for every investor. See our Terms of Service.