Iron Condor, 2-ATR Profit Zone
Iron Condor5 trades pass on BRK.B
- Return on risk
- 23.8% to 45.0%
- Probability of profit
- 70.1% to 84.1%
Berkshire Hathaway Inc · Financials
As of the close on . In the app, data is refreshed intraday.
BRK.B closed at $506.25 on Oct 7, 2026 with 30-day implied volatility of 13.6%. That is near the bottom of its one-year range (IV rank 9), so options on BRK.B are cheap compared with its own recent history. Measured by IV percentile, IV is higher than 7% of the past year's readings. Options expiring Nov 6 (30 days out) price a one standard deviation move of about $19.78, or 3.9%.
The price is above its 200-day moving average (+2.7%) but below its 50-day (-0.3%), a pullback inside a longer uptrend. It is 4.4% below its 52-week high and 8.8% above its 52-week low. The 14-day RSI of 51.5 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $5.37, about 1.1% of the price, a measure of a typical day's range.
Option volume at the close (8.31K contracts) was 0.3x its average, much quieter than usual. A beta of 0.02 means BRK.B has tended to move about 0.0 times as much as the broad market. 2 of our preset screens found trades on BRK.B at the close, led by Iron Condor, 2-ATR Profit Zone with 5 trades.
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 9, 20262 days | 12.4% | ±$4.65 (0.9%) | $501.60 to $510.90 | $3.87 |
| Nov 6, 202630 days | 13.6% | ±$19.78 (3.9%) | $486.47 to $526.03 | $15.93 |
| Dec 18, 202672 days | 15.3% | ±$34.47 (6.8%) | $471.78 to $540.72 | $27.73 |
| Jan 15, 2027100 days | 15.5% | ±$40.99 (8.1%) | $465.26 to $547.24 | $32.68 |
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.
Counts and ranges for BRK.B 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.
5 trades pass on BRK.B
4 trades pass on BRK.B
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.