BTI

British American Tobacco p.l.c.

$58.95 -1.07 (-1.78%) At close · Jul 13

Market Cap

$127.26B

2,158,712,296

Options Calculator

Theoretical estimate

Estimate what a long-dated option on BTI could return if you hold it and the stock reaches a target price. Premiums are theoretical Black-Scholes-Merton values — tune the inputs to match your broker, then compare each strike's return against simply holding the shares.

Holding period

2.00 years

Implied volatility (%)

1-year realized volatility. Implied vol usually differs — adjust to your broker's number.Market-wide VIX 17.2.

Risk-free rate (%)

Latest SOFR (2026-07-13) — an overnight rate, a rough proxy over years.

Dividend per share $

Annualizes to a 5.67% yield. Most recent $0.84 ex-date 2026-07-10; frequency detected — adjust if it's wrong.

Recent payouts

2026-07-10 $0.84
2026-03-27 $0.84
2025-12-30 $0.75
2025-10-03 $0.75

Target price at horizon

Spot $58.95 on 2026-07-13.

Best strike

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Highest estimated return

Return at target

—

— annualized

Breakeven

—

Stock price to break even

Hold the stock

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— annualized, with dividends

Return by strike at your target price

Strike ladder

Strike	Moneyness	Premium	Breakeven	Value at target	Return	Annualized	Max loss

Per share; one contract = 100 shares. Premiums are theoretical Black-Scholes-Merton estimates — real options are American-style and priced off an implied-volatility smile, so use your broker's quote for the actual premium. Not investment advice.

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Key facts CIK 1303523 CUSIP 110448107 13F (30d) 92 filings 83 filers Visit website Investor relations