Five Below (FIVE) Options Chain

NASDAQ: FIVEConsumer DiscretionaryDepartment/Specialty Retail StoresUSD

214.73+5.00 (+2.38%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 469
Share price: $214.73
Put/call ratio (OI): 1.80
Put/call ratio (volume): 1.73
ATM implied volatility: 25.3%
Expected move: ±$61.59
Open interest (C / P): 347 / 626

FIVE options summary

The FIVE options chain for the January 21, 2028 expiration lists 40 call and 34 put contracts, with 469 days until expiration. Open interest stands at 347 calls and 626 puts, a put/call ratio of 1.80, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $210.00 strike is 25.3%, which implies the market expects a move of about ±$61.59 (28.7%) in Five Below stock by expiration.

The most open interest sits at the $260.00 call (84 contracts) and the $220.00 put (156 contracts).

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

FIVE options chain · January 21, 2028

FIVE 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
15	2	236.8%	126.00	190.50	195.50	75.00	0.00	3.20	2.50	56.2%	—	4
—	—	—	—	—	—	80.00	0.00	0.00	2.75	12.5%	1	0
0	4	—	158.00	0.00	0.00	85.00	2.00	7.00	2.10	64.1%	2	5
3	1	70.0%	165.86	130.00	134.00	90.00	0.00	3.30	3.50	55.9%	1	9
5	—	69.3%	152.47	126.00	130.00	95.00	0.00	0.00	4.90	12.5%	42	0
0	1	67.0%	118.07	121.50	125.50	100.00	0.80	3.70	2.50	51.5%	2	17
2	2	52.2%	82.00	111.50	114.50	105.00	0.00	0.00	3.00	12.5%	1	0
1	—	165.8%	80.95	161.00	165.00	110.00	1.45	4.80	3.35	49.5%	1	1
4	4	—	65.75	58.00	62.50	115.00	—	—	—	—	—	—
4	1	61.6%	148.00	105.00	109.00	120.00	—	—	—	—	—	—
0	1	—	95.45	0.00	0.00	125.00	3.30	7.00	5.30	47.2%	2	12
0	—	—	118.50	0.00	0.00	135.00	6.10	9.20	5.80	46.6%	1	2
0	4	—	113.09	0.00	0.00	140.00	0.00	0.00	8.05	6.3%	6	0
0	1	—	114.84	0.00	0.00	145.00	7.30	12.00	7.85	46.4%	1	8
0	3	—	106.75	0.00	0.00	150.00	0.00	0.00	10.15	6.3%	10	0
9	3	55.5%	99.74	79.00	83.50	155.00	0.00	0.00	11.30	6.3%	—	0
7	3	54.9%	96.16	76.00	80.00	160.00	11.60	16.00	10.35	44.6%	1	109
4	8	54.0%	80.60	72.50	76.50	165.00	—	—	—	—	—	—
13	20	53.6%	74.30	69.50	73.50	170.00	14.50	19.00	12.73	43.4%	1	11
19	42	53.1%	71.90	66.50	70.50	175.00	16.00	21.00	17.00	43.2%	1	4
2	1	52.5%	103.41	63.50	67.50	180.00	18.00	22.50	20.00	42.3%	2	5
2	1	52.1%	92.00	60.50	65.00	185.00	20.00	24.50	24.12	42.0%	14	11
7	1	51.7%	54.23	58.00	62.00	190.00	—	—	—	—	—	—
3	1	51.5%	51.59	55.50	59.50	195.00	24.00	29.00	20.16	41.5%	1	1
23	3	51.1%	47.88	53.00	57.00	200.00	26.50	31.00	23.51	40.8%	9	17
4	1	50.2%	78.00	48.00	52.00	210.00	0.00	0.00	29.55	0.4%	2	0
FIVE $214.73
13	2	51.7%	46.50	43.50	47.50	220.00	36.50	41.00	35.40	39.3%	1	156
23	1	51.2%	51.00	39.00	43.50	230.00	0.00	0.00	41.63	—	92	0
19	2	50.5%	53.40	35.50	39.50	240.00	48.00	52.50	42.43	37.9%	9	32
33	4	50.0%	59.99	32.00	36.00	250.00	54.50	59.00	51.15	37.3%	2	103
84	1	49.8%	37.40	28.50	33.00	260.00	61.00	65.50	46.62	36.5%	1	9
6	3	49.3%	57.10	25.50	30.00	270.00	—	—	—	—	—	—
3	1	49.1%	38.00	23.00	27.50	280.00	75.50	80.00	74.21	35.3%	22	24
10	3	48.8%	46.08	20.50	25.00	290.00	83.00	87.50	80.79	34.5%	—	11
11	2	48.2%	44.00	18.00	22.50	300.00	91.50	95.50	87.50	34.0%	9	42
0	—	6.3%	38.70	0.00	0.00	310.00	99.50	103.50	85.70	33.0%	—	8
—	—	—	—	—	—	320.00	108.00	112.00	105.00	32.5%	2	4
0	1	6.3%	15.00	0.00	0.00	330.00	117.00	121.00	94.28	32.4%	—	21
0	—	6.3%	27.68	0.00	0.00	340.00	—	—	—	—	—	—
0	—	6.3%	23.41	0.00	0.00	350.00	0.00	0.00	153.10	—	—	0
16	9	47.9%	18.25	8.50	13.50	360.00	—	—	—	—	—	—
2	1	48.0%	22.60	6.50	11.50	380.00	—	—	—	—	—	—

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 FIVE put/call ratio?

For the January 21, 2028 expiration, the FIVE put/call ratio based on open interest is 1.80 (626 puts vs 347 calls), and 1.73 based on today's volume. A ratio above 1 means more puts than calls.

What is FIVE's implied volatility?

At-the-money implied volatility for FIVE options expiring January 21, 2028 is about 25.3%, an annualized estimate of how much the market expects Five Below stock to move.

How many FIVE option expiration dates are there?

FIVE has 7 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.