Bullish OI Surge at $510 Calls Signals BRK.B Breakout Potential: Here’s How to Play It

• Berkshire Hathaway B (BRK.B) trades at $505.11, up 0.24% with a short-term bullish Kline pattern.
• Options data shows heavy call open interest at $510–$520 strikes, while puts dominate at $482.50–$480.
• Put/Call ratio of 0.56 (calls > puts) and RSI at 59.2 hint at a potential upside breakout.

Here’s the takeaway: BRK.B is primed for a bullish move. The options market is pricing in a near-term rally, supported by technicals and leadership shifts at Berkshire. But watch for volatility if the stock tests key support levels.

Bullish Pressure at $510 Calls, Bearish Caution at $482.50 Puts

The options chain tells a clear story. For this Friday’s expiration, BRKB20260206C510 and BRKB20260206C515 have 936 and 1,140 open interest, respectively—showing heavy demand for upside exposure. Next Friday’s BRKB20260213C510 (1,069 OI) is the most watched, suggesting traders are hedging for a longer-term move.

On the put side, BRKB20260206P482.50 (1,219 OI) is the largest, but the put/call ratio of 0.56 (calls dominate) suggests the market is more bullish. However, a drop below $503.28 support could trigger selling pressure. No major block trades today, so no whale-driven moves to worry about.

Leadership Shifts and Accounting Nuances: Do They Matter?

Warren Buffett’s retirement and Greg Abel’s takeover have investors speculating about Berkshire’s future. The news about exiting Kraft Heinz and managing a $381B cash pile adds uncertainty, but the core businesses (rail, energy, insurance) remain stable. The article explaining Berkshire’s accounting quirks is critical—its net income swings are tied to market valuations of minority holdings, not operational performance. This means BRK.B’s stock price is more tied to its subsidiaries’ results than its reported earnings, which could smooth volatility for long-term holders.

Actionable Trades: Calls for Breakouts, Puts for Hedging

For options traders, consider buying BRKB20260213C510 if the stock breaks above $505.11. The strike is near the 30D moving average ($492.68) and Bollinger Middle Band ($489.11), making it a logical target. For stock buyers, enter near $503.28 (support level) with a stop below $502.89 (intraday low). A breakout above $509.66 (intraday high) could target $510–$515.

Bearish players might sell BRKB20260213P482.50 as a hedge if the stock dips toward $489.11 (Bollinger Middle Band). But given the bullish technicals and options flow, this is a defensive play.

Volatility on the Horizon: Stick to the Bull Case

The data points to a bullish bias for BRK.B. The stock is trading above all major moving averages, and options activity suggests a near-term push toward $510. While leadership changes and accounting complexities add noise, the underlying business fundamentals remain strong. For now, focus on the $503.28–$510 range as your key battleground. If the stock holds support, the path of least resistance is up—just keep an eye on that $482.50 put-heavy zone as a worst-case scenario.