diff --git a/README.md b/README.md
index 4cc1961..89f6d58 100644
--- a/README.md
+++ b/README.md
@@ -48,7 +48,7 @@ You can also setup pyright to run automatically before each commit by setting up
 ```yaml
 repos:
   - repo: https://github.com/RobertCraigie/pyright-python
-    rev: v1.1.386
+    rev: v1.1.387
     hooks:
     - id: pyright
 ```
diff --git a/src/pyright/_version.py b/src/pyright/_version.py
index 98598b9..8a41cfb 100644
--- a/src/pyright/_version.py
+++ b/src/pyright/_version.py
@@ -1,2 +1,2 @@
-__version__ = '1.1.386'
-__pyright_version__ = '1.1.386'
+__version__ = '1.1.387'
+__pyright_version__ = '1.1.387'