Financials

W.R. Berkley Corp (WRB) options and signal

Figures as of 28 Sep 2026

WRB is W.R. Berkley Corp, a Financials name the model ranks every trading day. The options figures are from the close on 28 Sep 2026. The model's figures are from 25 Sep 2026, one trading day behind the latest, as the Free plan shows them. Every model figure is paper trading.

Membership gets tonight's signals the night they publish. Free gets every options screen, never delayed, and the signals one trading day behind.

Start free See the plans

At a glance

Figure	Value	Date
IV rank	68 of 100	28 Sep
At the money IV	26.5%	28 Sep
Priced move to 16 Oct	7.4% down, 5.4% up	28 Sep
Call wall and put wall	69.5 and 67	28 Sep
Signal and the desk's view	No signal, view bullish	25 Sep
Last close	67.66	28 Sep
Next report	19 Oct 2026	28 Sep

Options Snapshot

WRB's IV rank is 68 of 100 on 28 Sep 2026.

Figure	Value
IV rank	68 of 100
At the money IV	26.5%, near month, 18 days
Put/call ratio, open interest	0.35
Call open interest, strikes captured near the price	3,280 contracts
Put open interest, strikes captured near the price	1,150 contracts
Cost to trade at the money	Wide, 63.8% of the option's mid price

IV rank is where the at the money IV sits among WRB's own weekly readings, 0 the lowest and 100 the highest.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Options Snapshot in RingMaster The Options Snapshot guide

Priced Range

On 28 Sep 2026, WRB options priced a move of 7.4 percent down and 5.4 percent up by 16 Oct 2026.

Expiry	Days	Down	Up	Range
16 Oct 2026	18	7.4%	5.4%	62.68 to 71.29
20 Nov 2026	53	9.1%	12.1%	61.48 to 75.82
15 Jan 2027	109	14.5%	14.5%	57.88 to 77.48
16 Apr 2027	200	20.5%	21.1%	53.76 to 81.96

The range is one standard deviation either side of the close of 67.66, as the option prices imply it.

A priced move restates option prices at the close and says nothing certain about where the price goes.

Thin quote at that expiry; its neighbours' reading stands in.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Priced Range in RingMaster The Priced Range guide

Gamma Map

On 28 Sep 2026, WRB's call wall is the 69.5 strike and its put wall is the 67 strike.

Figure	Value
Call wall, most open call gamma	69.5
Put wall, most open put gamma	67
Net dollar gamma, calls minus puts	$173,663
Total dollar gamma, both sides	$810,195
Close	67.66

Dollar gamma is stated for a one percent move in the price.

Net is calls minus puts under the standard convention, not a record of who holds the contracts.

Net gamma changes sign at 4 strikes, so no single flip strike is named.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Gamma Map in RingMaster The Gamma Map guide

Volatility History

On 28 Sep 2026, WRB's at the money IV is 26.5 percent against 20 day realized volatility of 16.2 percent.

Figure	Value
At the money IV	26.5%
Realized volatility, 20 trading days	16.2%
Realized volatility, 60 trading days	19.6%
IV against its own weekly record	In the middle
Weekly readings on record	754, from 8 Jan 2010
Weeks the price moved more than the one week priced move	23.8% of 235 weeks

Realized volatility is worked out from the daily closes the desk holds, not from the option chain.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Volatility History in RingMaster The Volatility History guide

Volatility Weather

On 28 Sep 2026, WRB's at the money IV runs from 26.5 percent at 18 days to 28.1 percent at 200 days.

Days to expiry	At the money IV
18	26.5%
53	24.0%
109	26.5%
200	28.1%

Far expiries price more volatility than near ones, an upward sloping term structure.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Volatility Weather in RingMaster The Volatility Weather guide

Volatility Surface

On 28 Sep 2026, WRB's surface spans 4 expiries out to 200 days, with IV from 3.1 to 57.2 percent near the price.

Figure	Value
Expiries captured	4
Nearest expiry	16 Oct 2026, 18 days
Farthest expiry	16 Apr 2027, 200 days
Points within 10% of the price, 7 days out or more	22
Lowest IV among them	3.1%
Highest IV among them	57.2%

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Volatility Surface in RingMaster The Volatility Surface guide

Expiry Ladder

On 28 Sep 2026, WRB has 4 captured expiries, from 16 Oct 2026 to 16 Apr 2027.

Expiry	Days	At the money IV	Call open interest	Put open interest
16 Oct 2026	18	26.5%	1,670	944
20 Nov 2026	53	24.0%	116	5
15 Jan 2027	109	26.5%	1,253	175
16 Apr 2027	200	28.1%	245	26

Open interest is summed over the strikes captured near the price on each expiry.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Expiry Ladder in RingMaster The Expiry Ladder guide

Strike Table

On 28 Sep 2026, WRB's largest open interest sits at the 69.5 strike, with 590 contracts across the captured expiries.

Strike	Call open interest	Put open interest	Total
69.5	465	125	590
74.5	480	21	501
67	153	339	492
72	424	56	480
64.5	127	258	385
75	378	0	378

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Strike Table in RingMaster The Strike Table guide

Since Yesterday

From 25 Sep 2026 to 28 Sep 2026, WRB's at the money IV moved from 31.4 percent to 26.5 percent.

Figure	25 Sep	28 Sep	Change
At the money IV	31.4%	26.5%	-4.9 points
Open interest, strikes captured near the price	4,416	4,434	+18
Put/call ratio, open interest	0.34	0.35	+0.01

Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Since Yesterday in RingMaster The Since Yesterday guide

Changed Hands

On 28 Sep 2026, 679 WRB option contracts traded, 1.1 times its own recent average.

Figure	Value
Calls traded	466
Puts traded	213
Against its recent average	1.1 times
Busier than	10 of its last 13 trading days
Open interest, whole chain	4,922 contracts
Volume to open interest	0.14
Unusual volume flag	No

Traded volume and open interest are shown side by side and never combined. Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Changed Hands in RingMaster The Changed Hands guide

Positioning Replay

The replay holds 18 trading days of WRB's option positioning, from 11 Aug 2026 to 28 Sep 2026.

Date	Close	Net dollar gamma	Top call strike	Top put strike
11 Aug 2026	70.09	$26,002	69.5	67
21 Sep 2026	68.79	$132,221	72	67
28 Sep 2026	67.66	$173,663	69.5	67

Each frame restates one nightly capture. Net is calls minus puts, a convention, not who holds the contracts.

From the option chain at the close on 28 Sep 2026. Current on every plan.

Open Positioning Replay in RingMaster The Positioning Replay guide

Read-out

On 25 Sep 2026 the desk's view of WRB was bullish, paper trading.

Figure	Value
Side	Bullish at 45 trading days, no signal
Level above the close	68.22, the swing high of 8 Sep 2026
Level below the close	67.36, the swing low of 31 Aug 2026, a close past it runs against the view
The chart	Sits against the view
Strategy family	Cash-secured put (sell a put below the price)
Price target	None. The desk has no price model.

The levels are prices the shares turned at on the chart, with the date of each.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Read-out in RingMaster The Read-out guide

Rank by Timeframe

On 25 Sep 2026 WRB sat at the 66th percentile of the model's 45 trading day ranking, paper trading.

Timeframe	Percentile	Side
10 trading days	8 of 100	Bearish
20 trading days	4 of 100	Bearish
45 trading days	66 of 100	Neutral

100 is the top of the ranking. A name in the middle three fifths is neutral.

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Rank by Timeframe in RingMaster The Rank by Timeframe guide

Timeframe Agreement

On 25 Sep 2026 WRB's near timeframes were bearish and its long timeframe was neutral, paper trading.

Group	Timeframes	Side	On that side
Near	10 day, 20 day	Bearish	2 of 2
Long	45 day	Neutral	0 of 1

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Timeframe Agreement in RingMaster The Timeframe Agreement guide

Signal History

On 25 Sep 2026 WRB had carried no signal for at least 13 trading days, paper trading.

Trading day	Signal	45 day percentile
25 Sep 2026	None	66 of 100
24 Sep 2026	None	61 of 100
23 Sep 2026	None	80 of 100
22 Sep 2026	None	88 of 100
21 Sep 2026	None	56 of 100
18 Sep 2026	None	18 of 100
17 Sep 2026	None	45 of 100
16 Sep 2026	None	58 of 100

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Signal History in RingMaster The Signal History guide

Sector Split

On 25 Sep 2026, 63 of 135 Financials names were bullish and 32 were bearish, paper trading.

Sector	Names	Bullish	Bearish	Neutral
Financials	135	63	32	40

Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.

Open Sector Split in RingMaster The Sector Split guide

Price Chart

WRB closed at 67.66 on 28 Sep 2026.

Figure	Value
Last close	67.66
Change over 5 trading days	-1.6%
Change over 21 trading days	-1.0%
Change over 63 trading days	-4.7%
Change over 252 trading days	-9.3%
52 week high	78.96
52 week low	62.87
20 day moving average	69.01
50 day moving average	70.43
200 day moving average	68.90
RSI, 14 days	40

Worked out from the desk's own daily bars, adjusted for share splits.

From the daily bars through 28 Sep 2026. Current on every plan.

Open Price Chart in RingMaster The Price Chart guide

Earnings Radar

WRB reports next on 19 Oct 2026, a date confirmed by the company.

Figure	Value
Next report	19 Oct 2026, after the close
Date	Confirmed by the company
Move after the report of 20 Jul 2026	-0.8%
Move after the report of 21 Apr 2026	+3.2%
Move after the report of 19 Jan 2026	-0.2%
Move after the report of 21 Apr 2025	+5.2%

Earnings calendar as of 28 Sep 2026. Current on every plan.

Open Earnings Radar in RingMaster The Earnings Radar guide

Short Volume

On 25 Sep 2026, 47.3 percent of WRB's reported volume at the covered venues was marked short.

Figure	Value
Short sale share, 25 Sep	47.3%
Five day average	39.9%
52 week median	51.4%

Short sale volume counts trades marked short at the covered venues, mostly off exchange. It is not the same as short interest.

Short volume as of 25 Sep 2026. Current on every plan.

Open Short Volume in RingMaster The Short Volume guide

Seasonality

In the 23 Septembers on record, WRB's average change was plus 0.9 percent, and it rose in 56.5 percent of them.

Month	Average change	Middle change	Share of years up	Years
September	+0.9%	+0.2%	56.5%	23
October	+3.4%	+2.5%	73.9%	23
November	+2.7%	+1.6%	60.9%	23

Each figure is a month end to month end change in past years. A past month says nothing certain about the next one.

Monthly history through 28 Sep 2026. Current on every plan.

Open Seasonality in RingMaster The Seasonality guide

Questions

What is WRB's IV rank?: WRB's IV rank is 68 of 100 on 28 Sep 2026.
What move are WRB options pricing?: On 28 Sep 2026, WRB options priced a move of 7.4 percent down and 5.4 percent up by 16 Oct 2026.
Where are WRB's call wall and put wall?: On 28 Sep 2026, WRB's call wall is the 69.5 strike and its put wall is the 67 strike.
What was the desk's latest view of WRB on the Free plan?: On 25 Sep 2026 the desk's view of WRB was bullish, paper trading.
When does WRB report earnings next?: WRB reports next on 19 Oct 2026, a date confirmed by the company.

More Financials names

Guides and the full list

Membership gets tonight's signals the night they publish. Free gets every options screen, never delayed, and the signals one trading day behind.

Start free See the plans