Shake Shack (SHAK) Options Chain

NYSE: SHAKConsumer DiscretionaryRestaurantsUSD

66.90-0.41 (-0.61%)

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

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 5
Share price: $66.90
Put/call ratio (OI): 0.90
Put/call ratio (volume): 1.29
ATM implied volatility: 55.5%
Expected move: ±$4.34
Open interest (C / P): 3.38K / 3.04K

SHAK options summary

The SHAK options chain for the October 16, 2026 expiration lists 21 call and 19 put contracts, with 5 days until expiration. Open interest stands at 3,375 calls and 3,043 puts, a put/call ratio of 0.90, which is fairly balanced between calls and puts. At-the-money implied volatility near the $67.00 strike is 55.5%, which implies the market expects a move of about ±$4.34 (6.5%) in Shake Shack stock by expiration.

The most open interest sits at the $58.00 call (935 contracts) and the $60.00 put (1.15K contracts).

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

SHAK options chain · October 16, 2026

SHAK 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
—	—	—	—	—	—	45.00	0.00	0.15	0.08	150.0%	1	8
—	—	—	—	—	—	49.00	0.00	0.15	0.08	121.1%	1	1
—	—	—	—	—	—	50.00	0.00	0.15	0.02	114.5%	1	275
—	—	—	—	—	—	51.00	0.00	0.25	0.05	117.6%	12	21
—	—	—	—	—	—	52.00	0.00	0.35	0.22	117.8%	2	16
—	—	—	—	—	—	53.00	0.00	0.15	0.22	94.5%	15	38
2	2	50.0%	11.50	12.00	13.80	54.00	0.00	0.15	0.13	87.9%	2	59
5	1	76.2%	10.00	11.00	12.90	55.00	0.00	0.20	0.05	85.9%	6	314
7	1	70.3%	3.30	10.00	11.90	56.00	0.00	0.15	0.05	75.0%	2	13
27	1	64.1%	3.10	8.90	11.00	57.00	0.00	0.15	0.04	68.8%	5	47
935	5	76.8%	8.08	8.40	9.80	58.00	0.00	0.20	0.70	66.0%	4	141
15	8	59.6%	2.84	7.00	9.00	59.00	0.00	0.20	0.33	59.6%	1	10
251	3	72.5%	7.30	6.60	7.90	60.00	0.05	0.60	0.08	70.9%	12	1,149
16	1	64.5%	6.35	5.50	7.00	61.00	0.00	0.30	0.24	51.1%	3	6
36	2	63.8%	5.05	4.80	6.00	62.00	0.05	0.55	1.15	53.6%	1	7
44	4	59.2%	4.15	3.90	5.10	63.00	—	—	—	—	—	—
31	4	60.6%	3.40	3.20	3.80	64.00	—	—	—	—	—	—
465	7	54.8%	2.55	2.55	2.95	65.00	0.65	1.70	0.76	58.8%	18	387
64	4	57.9%	2.47	1.85	2.45	66.00	—	—	—	—	—	—
SHAK $66.90
66	2	55.5%	1.76	1.20	1.85	67.00	—	—	—	—	—	—
195	37	52.1%	1.07	1.00	1.30	68.00	—	—	—	—	—	—
731	3	52.9%	0.68	0.30	0.70	70.00	3.30	5.40	3.45	71.4%	15	537
349	10	56.5%	0.10	0.00	0.25	75.00	7.30	9.10	18.50	53.9%	5	14
89	1	73.2%	0.05	0.00	0.15	80.00	0.00	0.00	7.40	—	36	0
25	1	93.0%	0.08	0.00	0.15	85.00	—	—	—	—	—	—
12	10	104.7%	0.07	0.00	0.10	90.00	—	—	—	—	—	—
10	3	145.7%	0.15	0.00	0.35	95.00	—	—	—	—	—	—

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 SHAK put/call ratio?

For the October 16, 2026 expiration, the SHAK put/call ratio based on open interest is 0.90 (3,043 puts vs 3,375 calls), and 1.29 based on today's volume. A ratio above 1 means more puts than calls.

What is SHAK's implied volatility?

At-the-money implied volatility for SHAK options expiring October 16, 2026 is about 55.5%, an annualized estimate of how much the market expects Shake Shack stock to move.

How many SHAK option expiration dates are there?

SHAK has 13 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.