First Watch Restaurant Group (FWRG) Options Chain
NASDAQ: FWRGConsumer DiscretionaryRestaurantsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- May 21, 2027
- Days to expiration
- 222
- Share price
- $10.98
- Put/call ratio (OI)
- 0.66
- Put/call ratio (volume)
- 138.67
- Expected move
- ±$6.31
- Open interest (C / P)
- 824 / 541
FWRG options summary
The FWRG options chain for the May 21, 2027 expiration lists 4 call and 1 put contracts, with 222 days until expiration. Open interest stands at 824 calls and 541 puts, a put/call ratio of 0.66, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $10.00 strike is 73.7%, which implies the market expects a move of about ±$6.31 (57.5%) in First Watch Restaurant Group stock by expiration.
The most open interest sits at the $12.50 call (716 contracts) and the $7.50 put (541 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
FWRG options chain · May 21, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 5.40 | 5.30 | 7.50 | 5.00 | — | — | — | |||||
| — | — | — | 7.50 | 0.20 | 0.70 | 0.60 | |||||
| 2.45 | 2.00 | 3.80 | 10.00 | — | — | — | |||||
| 1.55 | 1.35 | 2.35 | 12.50 | — | — | — | |||||
| 0.20 | 0.00 | 1.30 | 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 May 21, 2027 expiration, the FWRG put/call ratio based on open interest is 0.66 (541 puts vs 824 calls), and 138.67 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 May 21, 2027 is about 73.7%, 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.