Papa John's International (PZZA) Options Chain
NASDAQ: PZZAConsumer DiscretionaryRestaurantsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Sep 17, 2027
- Days to expiration
- 341
- Share price
- $19.75
- Put/call ratio (OI)
- 0.88
- Put/call ratio (volume)
- 0.11
- Expected move
- ±$10.48
- Open interest (C / P)
- 16 / 14
PZZA options summary
The PZZA options chain for the September 17, 2027 expiration lists 5 call and 4 put contracts, with 341 days until expiration. Open interest stands at 16 calls and 14 puts, a put/call ratio of 0.88, which is fairly balanced between calls and puts. At-the-money implied volatility near the $20.00 strike is 54.9%, which implies the market expects a move of about ±$10.48 (53.0%) in Papa John's International stock by expiration.
The most open interest sits at the $15.00 call (6 contracts) and the $17.50 put (6 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
PZZA options chain · September 17, 2027
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 6.77 | 4.80 | 9.00 | 15.00 | — | — | — | |||||
| — | — | — | 17.50 | 0.45 | 4.70 | 2.12 | |||||
| 4.88 | 2.40 | 6.40 | 20.00 | 1.85 | 6.00 | 4.00 | |||||
| 3.80 | 1.40 | 5.60 | 22.50 | 3.40 | 7.60 | 4.83 | |||||
| 2.52 | 0.55 | 4.80 | 25.00 | — | — | — | |||||
| — | — | — | 27.50 | 6.90 | 11.20 | 8.28 | |||||
| 2.00 | 0.00 | 4.20 | 30.00 | — | — | — | |||||
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 PZZA put/call ratio?
For the September 17, 2027 expiration, the PZZA put/call ratio based on open interest is 0.88 (14 puts vs 16 calls), and 0.11 based on today's volume. A ratio above 1 means more puts than calls.
What is PZZA's implied volatility?
At-the-money implied volatility for PZZA options expiring September 17, 2027 is about 54.9%, an annualized estimate of how much the market expects Papa John's International stock to move.
How many PZZA option expiration dates are there?
PZZA has 11 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.