Cheesecake Factory (CAKE) Options Chain

NASDAQ: CAKEConsumer DiscretionaryRestaurantsUSD

108.45+1.54 (+1.44%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 7
Share price: $108.45
Put/call ratio (OI): 1.02
Put/call ratio (volume): 0.14
ATM implied volatility: 49.9%
Expected move: ±$7.50
Open interest (C / P): 5.40K / 5.53K

CAKE options summary

The CAKE options chain for the October 16, 2026 expiration lists 33 call and 35 put contracts, with 7 days until expiration. Open interest stands at 5,404 calls and 5,532 puts, a put/call ratio of 1.02, which is fairly balanced between calls and puts. At-the-money implied volatility near the $110.00 strike is 49.9%, which implies the market expects a move of about ±$7.50 (6.9%) in Cheesecake Factory stock by expiration.

The most open interest sits at the $120.00 call (1.24K contracts) and the $105.00 put (1.43K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

CAKE options chain · October 16, 2026

CAKE calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
—	—	—	—	—	—	30.00	0.00	0.85	0.10	491.8%	1	75
—	—	—	—	—	—	32.50	0.05	1.20	0.55	496.1%	—	1
—	—	—	—	—	—	35.00	0.00	0.00	0.85	100.0%	50	0
0	—	—	26.92	0.00	0.00	37.50	—	—	—	—	—	—
—	—	—	—	—	—	42.50	0.00	0.00	0.55	50.0%	1	0
0	1	—	21.49	0.00	0.00	45.00	0.10	1.70	1.23	400.0%	3	9
—	—	—	—	—	—	47.50	0.00	1.15	0.33	345.3%	1	3
0	2	—	14.70	0.00	0.00	50.00	0.00	0.00	0.10	50.0%	3	0
4	1	—	22.23	30.20	34.20	52.50	0.00	0.05	0.05	196.9%	1	78
23	3	218.8%	41.70	51.40	55.70	55.00	0.00	0.00	0.12	50.0%	14	0
7	2	205.5%	48.52	48.90	53.20	57.50	0.00	1.15	0.79	273.6%	1	13
20	2	193.0%	51.30	46.40	50.70	60.00	0.00	0.00	0.10	50.0%	15	0
8	1	50.0%	52.17	43.90	48.00	62.50	0.00	0.05	0.12	153.1%	13	150
0	1	—	39.74	0.00	0.00	65.00	0.00	0.05	0.10	142.2%	9	333
39	1	157.8%	39.20	38.90	43.20	67.50	0.00	0.05	0.03	132.8%	1	95
272	6	249.3%	35.30	36.40	39.90	70.00	0.00	1.10	0.10	197.6%	6	197
32	1	136.7%	34.13	33.90	38.20	72.50	0.00	0.30	0.05	145.3%	2	139
45	1	126.6%	31.85	31.40	35.70	75.00	0.00	0.55	0.33	149.2%	2	149
72	20	50.0%	19.80	29.30	32.60	77.50	0.00	1.10	0.36	158.7%	1	46
68	1	96.9%	19.45	26.50	30.50	80.00	0.00	0.90	0.40	140.0%	1	337
98	1	329.8%	6.45	31.20	35.10	82.50	0.00	0.40	0.50	109.2%	1	48
251	1	99.0%	21.87	21.50	25.80	85.00	0.00	0.40	0.42	99.1%	2	180
23	2	78.9%	10.85	19.00	23.10	87.50	0.00	0.40	0.16	89.2%	1	84
324	20	119.1%	19.50	16.60	19.50	90.00	0.00	0.20	0.05	70.1%	7	354
44	1	117.1%	6.80	16.00	18.70	92.50	0.00	0.10	0.05	54.9%	4	79
113	4	63.1%	9.40	12.60	14.80	95.00	0.00	0.35	0.10	58.4%	9	232
120	3	83.5%	11.99	9.70	12.10	97.50	0.00	0.25	0.19	53.1%	41	98
168	13	72.8%	8.83	7.70	9.70	100.00	0.10	0.75	0.25	59.9%	8	495
193	8	57.7%	4.16	3.70	5.40	105.00	0.65	1.20	1.01	43.5%	17	1,432
CAKE $108.45
509	20	50.8%	1.65	1.20	2.35	110.00	2.00	3.80	4.43	49.1%	1	270
692	1,471	46.3%	0.40	0.35	0.70	115.00	4.90	7.90	6.40	60.8%	5	427
1,241	21	44.6%	0.10	0.05	0.15	120.00	10.20	13.60	22.70	54.1%	1	72
498	5	70.8%	0.10	0.00	0.75	125.00	14.40	17.80	17.05	99.3%	4	134
175	2	94.0%	0.10	0.00	1.15	130.00	19.30	23.60	23.60	137.3%	2	2
282	3	82.8%	0.05	0.00	0.30	135.00	—	—	—	—	—	—
73	2	120.0%	0.22	0.00	1.10	140.00	30.10	33.60	36.00	106.1%	1	0
6	1	132.2%	0.38	0.00	1.10	145.00	—	—	—	—	—	—
4	1	143.8%	0.45	0.00	1.10	150.00	0.00	0.00	40.00	—	2	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the CAKE put/call ratio?

For the October 16, 2026 expiration, the CAKE put/call ratio based on open interest is 1.02 (5,532 puts vs 5,404 calls), and 0.14 based on today's volume. A ratio above 1 means more puts than calls.

What is CAKE's implied volatility?

At-the-money implied volatility for CAKE options expiring October 16, 2026 is about 49.9%, an annualized estimate of how much the market expects Cheesecake Factory stock to move.

How many CAKE option expiration dates are there?

CAKE has 9 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.