FirstCash Stock Options

FCFS Stock  USD 161.23  0.07  0.04%   
FirstCash's latest option contracts expiring on March 20th 2026 are carrying combined implied volatility of 0.41 with a put-to-call open interest ratio of 0.23 over 44 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on March 20th 2026.

Open Interest Against March 20th 2026 Option Contracts

FirstCash option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in FirstCash's lending market. For example, when FirstCash's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on FirstCash, he or she must hedge the risk by shorting FirstCash stock over its option's life.
The chart above shows FirstCash's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. FirstCash's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for FirstCash's option, there is no secondary market available for investors to trade.

FirstCash Maximum Pain Price Across 2026-03-20 Option Contracts

Max pain occurs when FirstCash's market makers reach a net positive position across all FirstCash's options at a strike price where option holders stand to lose the most money. By contrast, FirstCash's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on FirstCash

Analyzing FirstCash's in-the-money options over time can help investors to take a profitable long position in FirstCash regardless of its overall volatility. This is especially true when FirstCash's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money FirstCash's options could be used as guardians of the underlying stock as they move almost dollar for dollar with FirstCash's stock while costing only a fraction of its price.

FirstCash In The Money Call Balance

When FirstCash's strike price is surpassing the current stock price, the option contract against FirstCash stock is said to be in the money. When it comes to buying FirstCash's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on FirstCash are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

FirstCash Current Options Market Mood

FirstCash's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps FirstCash Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most FirstCash's options investors are not very successful. FirstCash's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current FirstCash contract

Base on the Rule 16, the options market is currently suggesting that FirstCash will have an average daily up or down price movement of about 0.0256% per day over the life of the 2026-03-20 option contract. With FirstCash trading at USD 161.23, that is roughly USD 0.0413. If you think that the market is fully incorporating FirstCash's daily price movement you should consider buying FirstCash options at the current volatility level of 0.41%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing FirstCash options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" FirstCash calls. Remember, the seller must deliver FirstCash stock to the call owner when a call is exercised.

FirstCash Option Chain

When FirstCash's strike price is surpassing the current stock price, the option contract against FirstCash stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
FirstCash's option chain is a display of a range of information that helps investors for ways to trade options on FirstCash. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for FirstCash. It also shows strike prices and maturity days for a FirstCash against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
FCFS260320C002100000210.00.0 - 2.32.3Out
Call
FCFS260320C002000001200.00.0 - 2.51.3Out
Call
FCFS260320C001950001195.00.0 - 2.71.45Out
Call
FCFS260320C001900000190.00.0 - 3.13.1Out
Call
FCFS260320C001850003185.00.0 - 3.61.88Out
Call
FCFS260320C001800006180.00.4 - 4.53.6Out
Call
FCFS260320C0017500036175.01.3 - 5.44.4Out
Call
FCFS260320C001700003170.03.0 - 7.15.6Out
Call
FCFS260320C0016500013165.05.1 - 9.59.05Out
Call
FCFS260320C00160000103160.07.6 - 11.711.06In
Call
FCFS260320C0015500075155.010.5 - 14.514.0In
Call
FCFS260320C0015000027150.014.0 - 17.617.1In
Call
FCFS260320C0014500032145.017.5 - 21.523.23In
Call
FCFS260320C001400008140.021.6 - 25.726.2In
Call
FCFS260320C001350005135.026.2 - 30.326.0In
Call
FCFS260320C001300002130.030.9 - 35.035.55In
Call
FCFS260320C001250001125.035.8 - 39.830.18In
Call
FCFS260320C001200002120.040.7 - 44.538.49In
Call
FCFS260320C001150004115.045.5 - 49.543.2In
Call
FCFS260320C001100001110.050.4 - 54.239.77In
Call
FCFS260320C0010500014105.055.3 - 58.752.1In
Call
FCFS260320C001000002100.060.2 - 64.048.81In
Call
FCFS260320C00075000175.084.6 - 88.882.58In
 Put
FCFS260320P002100000210.046.8 - 50.946.8In
 Put
FCFS260320P002000000200.036.8 - 40.936.8In
 Put
FCFS260320P001950000195.031.8 - 35.931.8In
 Put
FCFS260320P001900000190.027.1 - 31.127.1In
 Put
FCFS260320P001850000185.022.5 - 26.522.5In
 Put
FCFS260320P001800000180.018.2 - 22.218.2In
 Put
FCFS260320P001750000175.014.2 - 18.614.2In
 Put
FCFS260320P001700000170.010.9 - 15.110.9In
 Put
FCFS260320P001650000165.08.1 - 12.38.1In
 Put
FCFS260320P001600000160.05.6 - 9.95.6Out
 Put
FCFS260320P001500006150.02.0 - 5.87.9Out
 Put
FCFS260320P0014000010140.00.0 - 3.84.27Out
 Put
FCFS260320P001350002135.00.0 - 3.35.82Out
 Put
FCFS260320P0013000038130.00.0 - 3.41.55Out
 Put
FCFS260320P001250004125.00.0 - 3.21.15Out
 Put
FCFS260320P001200003120.00.0 - 3.01.82Out
 Put
FCFS260320P001150005115.00.0 - 2.91.59Out
 Put
FCFS260320P001100005110.00.0 - 2.80.8Out
 Put
FCFS260320P001050001105.00.0 - 2.752.05Out
 Put
FCFS260320P001000001100.00.0 - 2.150.85Out
 Put
FCFS260320P00095000395.00.0 - 2.151.75Out

FirstCash Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

FirstCash Total Stockholder Equity

Total Stockholder Equity

2.16 Billion

At this time, FirstCash's Total Stockholder Equity is comparatively stable compared to the past year.

FirstCash Corporate Management

Raul RamosSr. VP of Latin American OperationsProfile
Sean MooreSr. VP of Store Devel. and FacilitiesProfile
Gar JacksonInvestor Relations OfficerProfile
Peter JDSenior RelationsProfile

Additional Tools for FirstCash Stock Analysis

When running FirstCash's price analysis, check to measure FirstCash's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FirstCash is operating at the current time. Most of FirstCash's value examination focuses on studying past and present price action to predict the probability of FirstCash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstCash's price. Additionally, you may evaluate how the addition of FirstCash to your portfolios can decrease your overall portfolio volatility.