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: Jun 17, 2027
Days to expiration: 249
Share price: $66.90
Put/call ratio (OI): 6.28
Put/call ratio (volume): 1.03
ATM implied volatility: 55.4%
Expected move: ±$30.60
Open interest (C / P): 1.98K / 12.45K

SHAK options summary

The SHAK options chain for the June 17, 2027 expiration lists 25 call and 17 put contracts, with 249 days until expiration. Open interest stands at 1,981 calls and 12,445 puts, a put/call ratio of 6.28, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $65.00 strike is 55.4%, which implies the market expects a move of about ±$30.60 (45.7%) in Shake Shack stock by expiration.

The most open interest sits at the $70.00 call (1.12K contracts) and the $80.00 put (5.76K contracts).

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

SHAK options chain · June 17, 2027

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
1	—	81.9%	39.60	37.60	39.60	30.00	0.00	0.95	0.80	59.7%	1	24
10	5	97.0%	34.90	34.70	37.90	35.00	0.30	1.90	0.80	60.6%	13	34
0	5	—	27.18	0.00	0.00	40.00	1.25	1.90	2.39	55.9%	1	1,539
11	3	85.1%	24.30	27.40	29.80	45.00	2.15	2.90	3.35	54.4%	2	255
57	1	64.9%	17.95	21.60	23.50	50.00	3.40	5.00	3.77	55.6%	6	146
32	2	62.5%	18.24	18.50	20.00	55.00	5.40	6.00	7.40	53.3%	24	174
127	13	60.6%	11.70	15.50	17.10	60.00	5.80	9.60	9.40	52.0%	13	113
99	1	59.7%	12.15	13.20	14.50	65.00	9.40	10.80	12.10	51.0%	4	3,114
SHAK $66.90
1,123	63	59.6%	11.90	10.90	12.80	70.00	11.90	13.00	12.60	50.8%	1	1,182
47	16	57.2%	5.56	8.70	10.50	75.00	13.70	16.00	14.50	49.5%	88	94
49	4	55.6%	7.54	7.00	8.60	80.00	18.20	19.70	21.70	50.1%	1	5,757
30	2	55.5%	3.30	4.60	8.50	85.00	21.90	23.30	29.81	49.1%	1	3
82	1	55.5%	5.00	3.90	7.10	90.00	37.80	40.20	14.50	103.5%	1	4
95	9	53.8%	3.10	3.10	5.50	95.00	24.10	27.50	41.31	—	—	1
107	2	53.5%	3.91	2.85	4.20	100.00	—	—	—	—	—	—
21	2	51.7%	3.09	1.80	3.50	105.00	38.30	40.00	46.60	46.6%	—	0
26	8	54.0%	2.52	2.05	3.00	110.00	—	—	—	—	—	—
23	2	53.6%	0.90	1.60	2.50	115.00	—	—	—	—	—	—
32	5	53.5%	1.80	1.25	2.15	120.00	44.30	47.20	66.50	—	10	5
0	1	12.5%	2.80	0.00	0.00	125.00	48.80	52.50	70.58	—	1	0
0	1	12.5%	2.70	0.00	0.00	130.00	—	—	—	—	—	—
3	1	58.2%	1.85	1.00	1.90	135.00	—	—	—	—	—	—
6	5	59.8%	0.35	0.35	2.45	140.00	—	—	—	—	—	—
0	9	25.0%	0.96	0.00	0.00	145.00	—	—	—	—	—	—
0	1	25.0%	1.58	0.00	0.00	150.00	—	—	—	—	—	—

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 June 17, 2027 expiration, the SHAK put/call ratio based on open interest is 6.28 (12,445 puts vs 1,981 calls), and 1.03 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 June 17, 2027 is about 55.4%, 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.