Wendy's (WEN) Options Chain

NASDAQ: WENConsumer DiscretionaryRestaurantsUSD

6.22+0.11 (+1.80%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

After hours: 6.22 0.00%

Expiration date

Expiration: Oct 9, 2026
Days to expiration: 1
Share price: $6.22
Put/call ratio (OI): 0.28
Put/call ratio (volume): 0.32
ATM implied volatility: 65.6%
Expected move: ±$0.2137
Open interest (C / P): 4.56K / 1.28K

WEN options summary

The WEN options chain for the October 9, 2026 expiration lists 15 call and 14 put contracts, with 1 day until expiration. Open interest stands at 4,556 calls and 1,285 puts, a put/call ratio of 0.28, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $6.00 strike is 65.6%, which implies the market expects a move of about ±$0.2137 (3.4%) in Wendy's stock by expiration.

The most open interest sits at the $7.00 call (2.07K contracts) and the $6.50 put (641 contracts).

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

WEN options chain · October 9, 2026

WEN 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
201	18	703.1%	3.18	3.10	3.50	3.00	—	—	—	—	—	—
332	19	525.0%	2.68	2.60	2.95	3.50	—	—	—	—	—	—
162	19	421.9%	2.15	2.10	2.45	4.00	—	—	—	—	—	—
15	11	396.9%	1.65	1.60	2.05	4.50	—	—	—	—	—	—
69	7	206.3%	1.10	0.85	1.65	5.00	—	—	—	—	—	—
17	4	87.5%	0.70	0.55	0.90	5.50	0.00	0.10	0.02	156.3%	1	206
233	36	57.8%	0.20	0.15	0.25	6.00	0.00	0.10	0.05	73.4%	5	216
WEN $6.22
677	1	60.9%	0.01	0.00	0.05	6.50	0.20	0.50	0.26	93.8%	21	641
2,066	1	118.8%	0.03	0.00	0.05	7.00	0.60	1.00	0.89	112.5%	8	160
323	10	168.8%	0.03	0.00	0.05	7.50	1.05	1.65	1.35	220.3%	1	10
318	4	212.5%	0.05	0.00	0.05	8.00	1.60	2.00	1.90	200.0%	3	51
49	15	250.0%	0.04	0.00	0.05	8.50	2.10	2.80	2.45	407.8%	3	0
48	2	284.4%	0.03	0.00	0.05	9.00	2.65	2.85	2.95	353.1%	3	1
43	—	362.5%	0.07	0.00	0.10	9.50	—	—	—	—	—	—
3	—	343.8%	0.05	0.00	0.05	10.00	—	—	—	—	—	—
—	—	—	—	—	—	11.50	4.90	5.80	3.90	512.5%	—	0
—	—	—	—	—	—	12.50	5.90	6.80	4.95	562.5%	—	0
—	—	—	—	—	—	13.00	6.40	7.30	5.79	584.4%	—	0
—	—	—	—	—	—	14.00	7.40	8.30	6.75	628.1%	2	0
—	—	—	—	—	—	15.00	8.40	9.30	7.38	668.8%	—	0
—	—	—	—	—	—	16.00	9.40	10.30	8.40	703.1%	—	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 WEN put/call ratio?

For the October 9, 2026 expiration, the WEN put/call ratio based on open interest is 0.28 (1,285 puts vs 4,556 calls), and 0.32 based on today's volume. A ratio above 1 means more puts than calls.

What is WEN's implied volatility?

At-the-money implied volatility for WEN options expiring October 9, 2026 is about 65.6%, an annualized estimate of how much the market expects Wendy's stock to move.

How many WEN option expiration dates are there?

WEN has 14 listed expiration dates, from Oct 9, 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.