First Watch Restaurant Group (FWRG) Options Chain
NASDAQ: FWRGConsumer DiscretionaryRestaurantsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Feb 19, 2027
- Days to expiration
- 131
- Share price
- $10.98
- Put/call ratio (OI)
- 6.10
- Put/call ratio (volume)
- 0.25
- Expected move
- ±$4.39
- Open interest (C / P)
- 473 / 2.89K
FWRG options summary
The FWRG options chain for the February 19, 2027 expiration lists 7 call and 5 put contracts, with 131 days until expiration. Open interest stands at 473 calls and 2,887 puts, a put/call ratio of 6.10, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $10.00 strike is 66.7%, which implies the market expects a move of about ±$4.39 (40.0%) in First Watch Restaurant Group stock by expiration.
The most open interest sits at the $10.00 call (155 contracts) and the $7.50 put (2.05K contracts).
Summary generated from market data by MetaCap's automated system. Methodology
FWRG options chain · February 19, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| — | — | — | 5.00 | 0.00 | 0.95 | 0.25 | |||||
| 3.00 | 3.00 | 5.10 | 7.50 | 0.00 | 0.50 | 0.40 | |||||
| 1.61 | 1.55 | 3.00 | 10.00 | 0.70 | 1.60 | 0.89 | |||||
| 0.60 | 0.60 | 1.95 | 12.50 | 1.90 | 3.20 | 2.84 | |||||
| 0.37 | 0.25 | 0.70 | 15.00 | — | — | — | |||||
| 0.05 | 0.00 | 0.90 | 17.50 | — | — | — | |||||
| 0.53 | 0.05 | 0.75 | 20.00 | 8.20 | 9.80 | 9.70 | |||||
| 0.30 | 0.00 | 0.75 | 22.50 | — | — | — | |||||
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 FWRG put/call ratio?
For the February 19, 2027 expiration, the FWRG put/call ratio based on open interest is 6.10 (2,887 puts vs 473 calls), and 0.25 based on today's volume. A ratio above 1 means more puts than calls.
What is FWRG's implied volatility?
At-the-money implied volatility for FWRG options expiring February 19, 2027 is about 66.7%, an annualized estimate of how much the market expects First Watch Restaurant Group stock to move.
How many FWRG option expiration dates are there?
FWRG has 4 listed expiration dates, from Oct 16, 2026 to May 21, 2027.
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.