Brown Forman Stock Options
| BF-A Stock | USD 28.43 0.84 2.87% |
Brown Forman's latest option contracts expiring on September 19th 2025 are carrying combined implied volatility of 0.75 with a put-to-call open interest ratio of 0.74 over 18 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on September 19th 2025.
Open Interest Against September 19th 2025 Option Contracts
2025-09-19
The chart above shows Brown Forman's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Brown Forman's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Brown Forman's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Brown Forman
Analyzing Brown Forman's in-the-money options over time can help investors to take a profitable long position in Brown Forman regardless of its overall volatility. This is especially true when Brown Forman's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Brown Forman's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Brown Forman's stock while costing only a fraction of its price.
Brown Forman's stock options are financial instruments that give investors the right to buy or sell shares of Brown Forman common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Brown stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Brown Forman's stock price goes up or down, the stock options follow.
At present, Brown Forman's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 483 M, whereas Other Stockholder Equity is forecasted to decline to (562.3 M). Brown Forman In The Money Call Balance
When Brown Forman's strike price is surpassing the current stock price, the option contract against Brown Forman stock is said to be in the money. When it comes to buying Brown Forman's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Brown Forman are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Brown Current Options Market Mood
Brown Forman's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Brown Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Most options investors, including buyers and sellers of Brown Forman's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Brown Forman's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current Brown contract
Base on the Rule 16, the options market is currently suggesting that Brown Forman will have an average daily up or down price movement of about 0.0469% per day over the life of the 2025-09-19 option contract. With Brown Forman trading at USD 28.43, that is roughly USD 0.0133. If you think that the market is fully incorporating Brown Forman's daily price movement you should consider buying Brown Forman options at the current volatility level of 0.75%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Brown Forman options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Brown calls. Remember, the seller must deliver Brown Forman stock to the call owner when a call is exercised.
Brown Forman Option Chain
When Brown Forman's strike price is surpassing the current stock price, the option contract against Brown Forman stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Brown Forman's option chain is a display of a range of information that helps investors for ways to trade options on Brown. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Brown. It also shows strike prices and maturity days for a Brown Forman against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Open Int | Strike Price | Current Spread | Last Price | |||
Call | BFA250919C00050000 | 0 | 50.0 | 0.0 - 3.0 | 3.0 | |
Call | BFA250919C00045000 | 84 | 45.0 | 0.0 - 4.9 | 4.9 | Out |
Call | BFA250919C00040000 | 33 | 40.0 | 0.0 - 0.05 | 0.05 | Out |
Call | BFA250919C00035000 | 129 | 35.0 | 0.15 - 0.45 | 0.15 | Out |
Call | BFA250919C00030000 | 84 | 30.0 | 1.1 - 1.75 | 1.1 | Out |
Call | BFA250919C00025000 | 6 | 25.0 | 2.15 - 7.0 | 2.15 | In |
Call | BFA250919C00022500 | 2 | 22.5 | 6.0 - 9.5 | 6.0 | In |
Call | BFA250919C00020000 | 0 | 20.0 | 7.0 - 11.9 | 7.0 | In |
Call | BFA250919C00017500 | 0 | 17.5 | 9.5 - 14.4 | 9.5 | In |
Put | BFA250919P00050000 | 0 | 50.0 | 18.6 - 23.5 | 18.6 | In |
Put | BFA250919P00045000 | 0 | 45.0 | 13.6 - 18.5 | 13.6 | In |
Put | BFA250919P00040000 | 0 | 40.0 | 8.6 - 13.5 | 8.6 | In |
Put | BFA250919P00035000 | 0 | 35.0 | 3.5 - 8.3 | 3.5 | In |
Put | BFA250919P00030000 | 172 | 30.0 | 1.85 - 2.55 | 1.85 | In |
Put | BFA250919P00025000 | 63 | 25.0 | 0.0 - 0.75 | 0.75 | Out |
Put | BFA250919P00022500 | 9 | 22.5 | 0.0 - 4.9 | 4.9 | Out |
Put | BFA250919P00020000 | 1 | 20.0 | 0.0 - 4.9 | 4.9 | Out |
Put | BFA250919P00017500 | 5 | 17.5 | 0.0 - 4.9 | 4.9 | Out |
Brown Forman Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Brown Forman Market Cap Over Time
Market Cap |
| Timeline |
Brown Total Stockholder Equity
Total Stockholder Equity |
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Brown Forman Corporate Management
| Mark Bacon | Senior Brands | Profile | |
| Diane Nguyen | Executive Officer | Profile | |
| Sophia Angelis | Senior Brands | Profile | |
| Matthew Hamel | Executive Secretary | Profile | |
| Thomas Hinrichs | Executive International | Profile | |
| Jeremy Shepherd | Executive Officer | Profile |
Other Information on Investing in Brown Stock
Brown Forman financial ratios help investors to determine whether Brown Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Brown with respect to the benefits of owning Brown Forman security.