Portillo's (PTLO) Options Chain

NASDAQ: PTLOConsumer DiscretionaryRestaurantsUSD

4.02+0.12 (+3.08%)

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

Expiration date

Expiration: May 21, 2027
Days to expiration: 222
Share price: $4.02
Put/call ratio (OI): 23.38
Put/call ratio (volume): 301.00
ATM implied volatility: 63.5%
Expected move: ±$1.99
Open interest (C / P): 13 / 304

PTLO options summary

The PTLO options chain for the May 21, 2027 expiration lists 4 call and 7 put contracts, with 222 days until expiration. Open interest stands at 13 calls and 304 puts, a put/call ratio of 23.38, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $4.00 strike is 63.5%, which implies the market expects a move of about ±$1.99 (49.5%) in Portillo's stock by expiration.

The most open interest sits at the $5.00 call (13 contracts) and the $3.00 put (303 contracts).

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

PTLO options chain · May 21, 2027

PTLO 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
0	—	106.3%	11.90	2.70	3.40	1.00	0.00	0.20	12.00	141.4%	—	0
0	—	88.7%	11.20	1.90	2.45	2.00	0.00	0.30	12.60	87.5%	—	0
0	—	76.2%	11.80	1.15	1.70	3.00	0.15	0.50	0.40	67.4%	300	303
—	—	—	—	—	—	4.00	0.55	1.00	11.40	63.5%	—	0
PTLO $4.02
13	1	61.3%	0.40	0.25	0.65	5.00	1.10	1.60	1.70	54.9%	1	1
—	—	—	—	—	—	6.00	1.90	2.40	12.50	52.1%	—	0
—	—	—	—	—	—	8.00	3.70	4.30	11.10	88.7%	—	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 PTLO put/call ratio?

For the May 21, 2027 expiration, the PTLO put/call ratio based on open interest is 23.38 (304 puts vs 13 calls), and 301.00 based on today's volume. A ratio above 1 means more puts than calls.

What is PTLO's implied volatility?

At-the-money implied volatility for PTLO options expiring May 21, 2027 is about 63.5%, an annualized estimate of how much the market expects Portillo's stock to move.

How many PTLO option expiration dates are there?

PTLO has 6 listed expiration dates, from Oct 16, 2026 to Jan 21, 2028.

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.