Long Call Butterflies for Pinning
Call Butterfly30 trades pass on PBR
- Return on risk
- 127.3% to 1,000%+
- Probability of profit
- 11.9% to 100.0%
Petrobras - Petroleo Brasileiro SA · Energy
As of the close on . In the app, data is refreshed intraday.
PBR closed at $20.65 on Sep 28, 2026 with 30-day implied volatility of 53.0%. That is in the lower half of its one-year range (IV rank 42), so premiums are on the modest side for PBR. Measured by IV percentile, IV is higher than 90% of the past year's readings. Options expiring Oct 30 (32 days out) price a one standard deviation move of about $3.35, or 16.2%.
The price is above both its 50-day (+6.6%) and 200-day (+16.7%) moving averages. It is 6.3% below its 52-week high and 78.9% above its 52-week low. The 14-day RSI of 54.6 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $0.60, about 2.9% of the price, a measure of a typical day's range.
Option volume at the close (24.6K contracts) was 0.4x its average, much quieter than usual. A negative beta of -0.21 means PBR has tended to move against the broad market. 3 of our preset screens found trades on PBR at the close, led by Long Call Butterflies for Pinning with 30 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 2, 20264 days | 43.3% | ±$0.94 (4.5%) | $19.71 to $21.59 | $0.76 |
| Oct 30, 202632 days | 54.8% | ±$3.35 (16.2%) | $17.30 to $24.00 | $2.66 |
| Nov 20, 202653 days | 50.9% | ±$4.00 (19.4%) | $16.65 to $24.65 | $3.21 |
| Dec 18, 202681 days | 46.4% | ±$4.51 (21.8%) | $16.14 to $25.16 | $3.61 |
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 PBR 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.
30 trades pass on PBR
7 trades pass on PBR
7 trades pass on PBR
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.