Wingstop (WING) Options Chain

NASDAQ: WINGConsumer DiscretionaryRestaurantsUSD

122.26+3.76 (+3.17%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $122.26
Put/call ratio (OI): 0.74
Put/call ratio (volume): 1.72
ATM implied volatility: 63.7%
Expected move: ±$88.19
Open interest (C / P): 4.04K / 2.98K

WING options summary

The WING options chain for the January 21, 2028 expiration lists 49 call and 51 put contracts, with 468 days until expiration. Open interest stands at 4,043 calls and 2,983 puts, a put/call ratio of 0.74, which is fairly balanced between calls and puts. At-the-money implied volatility near the $120.00 strike is 63.7%, which implies the market expects a move of about ±$88.19 (72.1%) in Wingstop stock by expiration.

The most open interest sits at the $300.00 call (631 contracts) and the $65.00 put (867 contracts).

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

WING options chain · January 21, 2028

WING 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
—	—	—	—	—	—	55.00	1.00	9.20	4.23	70.0%	6	32
26	4	67.4%	53.70	65.00	71.40	60.00	4.30	8.00	7.71	68.4%	19	32
10	5	68.4%	59.47	62.00	68.00	65.00	5.40	7.60	6.60	63.7%	2	867
12	3	67.5%	46.26	59.00	64.00	70.00	4.00	11.40	11.40	62.3%	1	10
8	4	72.3%	51.19	55.00	65.00	75.00	5.00	12.30	12.45	59.8%	1	15
9	1	66.4%	52.29	52.00	58.20	80.00	9.40	13.20	13.40	62.1%	1	516
41	1	66.9%	36.85	49.00	56.00	85.00	8.00	18.00	13.72	61.0%	6	13
42	5	70.9%	48.53	47.00	56.00	90.00	14.40	18.50	21.50	64.1%	2	39
1	—	199.4%	61.00	90.00	99.00	95.00	15.90	21.10	22.67	63.1%	1	46
61	2	69.9%	43.50	42.00	50.80	100.00	18.40	22.80	20.70	62.0%	1	124
—	—	—	—	—	—	105.00	20.30	27.00	24.50	62.8%	1	207
15	1	69.5%	40.00	37.00	47.00	110.00	20.00	30.00	34.25	59.7%	2	15
14	2	68.3%	26.32	35.00	44.00	115.00	26.10	32.00	37.73	62.0%	1	54
14	1	68.0%	36.00	33.00	42.00	120.00	27.40	34.20	31.70	59.4%	5	13
WING $122.26
13	4	67.5%	29.00	31.00	40.00	125.00	31.40	38.00	39.30	60.8%	19	33
63	3	65.2%	25.60	29.00	36.20	130.00	34.10	40.70	45.71	59.7%	1	7
19	5	64.2%	23.50	27.00	34.00	135.00	33.00	42.00	49.90	53.7%	2	2
5	1	65.1%	23.30	26.00	33.00	140.00	44.80	51.90	40.89	67.2%	34	13
7	1	64.2%	27.00	24.00	31.20	145.00	0.00	0.00	51.00	—	1	0
316	2	64.8%	23.00	23.00	30.10	150.00	45.80	53.00	55.90	55.9%	1	372
22	20	57.6%	33.50	17.60	25.10	155.00	53.00	62.00	55.77	63.8%	4	4
16	1	63.6%	19.00	20.00	26.90	160.00	0.00	0.00	61.83	—	1	0
3	2	67.2%	70.00	21.00	27.60	165.00	62.00	71.00	52.85	66.2%	1	1
34	16	63.8%	14.10	18.00	24.80	170.00	0.00	0.00	62.42	—	2	0
304	3	64.9%	13.06	17.00	25.00	175.00	0.00	0.00	78.20	—	300	0
11	2	64.2%	17.05	16.40	22.90	180.00	60.00	67.00	77.37	44.3%	4	7
42	2	63.9%	11.80	15.40	21.70	185.00	73.00	82.00	61.09	56.8%	2	3
7	1	63.1%	17.50	14.00	20.60	190.00	76.00	86.00	60.08	55.5%	1	10
0	1	6.3%	20.80	0.00	0.00	195.00	80.00	89.00	60.70	54.0%	2	4
134	1	63.3%	15.00	13.10	18.60	200.00	84.50	91.00	97.41	51.8%	2	12
133	2	65.6%	38.00	12.10	19.10	210.00	91.00	100.00	69.97	59.0%	2	5
116	1	104.7%	66.00	31.00	40.00	220.00	100.00	109.00	123.47	59.4%	2	9
10	2	61.1%	9.30	7.00	15.00	230.00	79.00	87.00	67.50	—	2	13
339	1	62.4%	9.80	7.90	13.30	240.00	0.00	0.00	67.00	—	7	0
382	110	66.0%	9.40	7.70	15.00	250.00	129.80	136.00	142.69	51.3%	4	22
259	1	59.6%	8.13	4.00	11.40	260.00	138.80	145.00	162.65	50.0%	1	36
216	6	64.1%	6.60	5.80	11.90	270.00	145.60	154.00	164.99	57.7%	1	26
0	12	12.5%	9.70	0.00	0.00	280.00	155.00	164.00	178.00	59.3%	1	0
0	1	12.5%	12.00	0.00	0.00	290.00	152.00	161.00	149.40	—	1	8
631	3	59.7%	5.00	4.10	6.60	300.00	174.00	183.00	188.38	59.5%	2	0
13	4	62.9%	5.10	3.80	8.20	310.00	95.50	99.00	117.58	—	1	1
0	16	12.5%	57.85	0.00	0.00	320.00	0.00	0.00	204.45	—	2	0
0	1	12.5%	51.10	0.00	0.00	330.00	0.00	0.00	201.93	—	1	0
9	1	61.0%	4.50	0.70	7.60	340.00	199.00	208.00	196.68	—	1	3
0	1	12.5%	14.50	0.00	0.00	350.00	167.00	177.00	175.75	—	5	5
8	2	61.4%	2.00	0.35	6.90	360.00	199.00	207.00	233.73	—	1	385
1	1	91.8%	20.15	10.70	19.20	370.00	146.00	151.00	136.77	—	—	1
14	10	68.0%	2.60	0.05	9.80	380.00	233.00	242.00	216.50	—	5	6
9	1	63.0%	2.51	0.05	6.50	390.00	0.00	0.00	274.10	—	2	0
43	1	59.0%	2.00	0.05	4.30	400.00	235.00	243.00	272.50	—	1	0
611	7	65.0%	2.40	0.10	6.50	410.00	277.00	286.00	237.00	—	10	12

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 WING put/call ratio?

For the January 21, 2028 expiration, the WING put/call ratio based on open interest is 0.74 (2,983 puts vs 4,043 calls), and 1.72 based on today's volume. A ratio above 1 means more puts than calls.

What is WING's implied volatility?

At-the-money implied volatility for WING options expiring January 21, 2028 is about 63.7%, an annualized estimate of how much the market expects Wingstop stock to move.

How many WING option expiration dates are there?

WING has 9 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.