Wingstop Stock Options

WING Stock  USD 264.01  2.16  0.81%   
Wingstop's latest option contracts expiring on March 20th 2026 are carrying combined implied volatility of 0.89 with a put-to-call open interest ratio of 1.16 over 97 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on March 20th 2026. The total put volume is at 2.0, with calls trading at the volume of 49.0. This yields a 0.04 put-to-call volume ratio.

Open Interest Against March 20th 2026 Option Contracts

The chart above shows Wingstop'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. Wingstop's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Wingstop's option, there is no secondary market available for investors to trade.

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

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Wingstop close to expiration to expire worthless. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, Wingstop'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 Wingstop

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

Wingstop In The Money Call Balance

When Wingstop's strike price is surpassing the current stock price, the option contract against Wingstop stock is said to be in the money. When it comes to buying Wingstop'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 Wingstop 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.

Wingstop Current Options Market Mood

Wingstop'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 Wingstop 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 Wingstop's options investors are not very successful. Wingstop'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 Wingstop contract

Base on the Rule 16, the options market is currently suggesting that Wingstop will have an average daily up or down price movement of about 0.0556% per day over the life of the 2026-03-20 option contract. With Wingstop trading at USD 264.01, that is roughly USD 0.15. If you think that the market is fully incorporating Wingstop's daily price movement you should consider buying Wingstop options at the current volatility level of 0.89%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Wingstop 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" Wingstop calls. Remember, the seller must deliver Wingstop stock to the call owner when a call is exercised.

Wingstop Option Chain

When Wingstop's strike price is surpassing the current stock price, the option contract against Wingstop 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.
Wingstop's option chain is a display of a range of information that helps investors for ways to trade options on Wingstop. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Wingstop. It also shows strike prices and maturity days for a Wingstop 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
WING260320C0054000010540.00.0 - 2.854.69Out
Call
WING260320C0052000015520.00.0 - 2.852.2Out
Call
WING260320C005000002500.00.0 - 2.852.22Out
Call
WING260320C004900002490.00.0 - 2.852.3Out
Call
WING260320C004800001480.00.0 - 2.99.97Out
Call
WING260320C004700001470.00.0 - 3.12.78Out
Call
WING260320C0046000012460.00.0 - 2.98.9Out
Call
WING260320C0045000096450.00.0 - 2.50.5Out
Call
WING260320C0044000029440.00.0 - 3.11.0Out
Call
WING260320C0043000030430.00.0 - 3.13.8Out
Call
WING260320C004200008420.00.0 - 2.551.36Out
Call
WING260320C0041000015410.00.0 - 3.11.29Out
Call
WING260320C00400000411400.00.05 - 3.51.03Out
Call
WING260320C0039000011390.00.2 - 3.54.8Out
Call
WING260320C0038000029380.00.65 - 3.73.31Out
Call
WING260320C00370000246370.01.95 - 4.22.59Out
Call
WING260320C00360000145360.02.3 - 4.75.0Out
Call
WING260320C0035000025350.02.2 - 5.76.8Out
Call
WING260320C0034000079340.03.9 - 7.06.55Out
Call
WING260320C00330000138330.05.7 - 7.37.7Out
Call
WING260320C00320000180320.07.3 - 9.89.2Out
Call
WING260320C0031000056310.09.6 - 11.313.1Out
Call
WING260320C0030000085300.011.9 - 13.813.21Out
Call
WING260320C0029000081290.015.0 - 16.922.0Out
Call
WING260320C0028000050280.018.3 - 20.729.42Out
Call
WING260320C0027000034270.021.7 - 24.934.55Out
Call
WING260320C0026000083260.026.9 - 29.629.0In
Call
WING260320C0025000028250.032.4 - 34.834.16In
Call
WING260320C0024000053240.037.8 - 41.450.2In
Call
WING260320C0023000010230.044.3 - 47.848.85In
Call
WING260320C002200006220.051.7 - 55.056.05In
Call
WING260320C0021000012210.059.5 - 62.867.6In
Call
WING260320C0020000011200.067.9 - 71.179.65In
Call
WING260320C001950004195.072.3 - 75.481.7In
Call
WING260320C0019000015190.076.1 - 79.795.2In
Call
WING260320C001850003185.080.7 - 84.282.9In
Call
WING260320C001800009180.085.9 - 88.898.9In
Call
WING260320C001750005175.090.6 - 93.487.5In
Call
WING260320C001700008170.095.3 - 98.199.0In
Call
WING260320C001650006165.099.4 - 102.9114.62In
Call
WING260320C001600003160.0104.2 - 107.8111.25In
Call
WING260320C0015000011150.0113.8 - 117.391.33In
Call
WING260320C001450003145.0118.1 - 122.3109.4In
Call
WING260320C001400003140.0123.2 - 127.297.5In
Call
WING260320C001350004135.0128.0 - 132.1134.0In
Call
WING260320C001300002130.0133.3 - 137.0138.5In
Call
WING260320C001250007125.0138.0 - 142.0203.0In
Call
WING260320C001200003120.0142.7 - 146.9205.5In
Call
WING260320C001150002115.0147.6 - 151.9263.0In
Call
WING260320C001100003110.0152.5 - 156.8124.5In
 Put
WING260320P0011000048110.00.1 - 1.20.85Out
 Put
WING260320P001150002115.00.0 - 2.50.5Out
 Put
WING260320P001200003120.00.0 - 2.50.97Out
 Put
WING260320P0012500012125.00.0 - 2.71.05Out
 Put
WING260320P001300003130.00.0 - 3.01.75Out
 Put
WING260320P0013500019135.00.15 - 3.10.34Out
 Put
WING260320P001400003140.00.2 - 3.11.01Out
 Put
WING260320P001450001145.00.2 - 2.91.3Out
 Put
WING260320P001500002150.00.05 - 3.22.03Out
 Put
WING260320P00155000137155.00.0 - 3.51.7Out
 Put
WING260320P0016000077160.00.0 - 3.31.0Out
 Put
WING260320P00165000199165.00.0 - 3.21.12Out
 Put
WING260320P0017000026170.00.1 - 2.02.0Out
 Put
WING260320P001750009175.00.15 - 3.51.96Out
 Put
WING260320P001800002180.00.7 - 3.61.89Out
 Put
WING260320P00185000106185.01.0 - 3.32.55Out
 Put
WING260320P00190000149190.01.45 - 3.52.5Out
 Put
WING260320P00195000115195.01.85 - 4.72.95Out
 Put
WING260320P00200000308200.02.65 - 4.94.0Out
 Put
WING260320P0021000036210.03.9 - 6.44.52Out
 Put
WING260320P0022000076220.07.5 - 8.48.2Out
 Put
WING260320P00230000170230.010.1 - 11.58.8Out
 Put
WING260320P0024000084240.013.5 - 14.915.2Out
 Put
WING260320P0025000039250.017.5 - 18.818.0Out
 Put
WING260320P0026000042260.020.7 - 23.522.0Out
 Put
WING260320P0027000060270.025.9 - 28.928.75In
 Put
WING260320P0028000068280.033.2 - 34.734.2In
 Put
WING260320P00290000401290.039.6 - 41.532.85In
 Put
WING260320P0030000022300.045.7 - 48.243.0In
 Put
WING260320P00310000159310.053.5 - 55.850.3In
 Put
WING260320P0032000011320.061.1 - 64.453.0In
 Put
WING260320P003300004330.070.0 - 72.565.3In
 Put
WING260320P003400002340.078.7 - 81.2100.1In
 Put
WING260320P0035000017350.087.6 - 90.495.87In
 Put
WING260320P003600002360.096.1 - 99.0126.6In
 Put
WING260320P003700003370.0105.5 - 108.4142.1In
 Put
WING260320P003800001380.0115.0 - 117.968.94In
 Put
WING260320P004300000430.0163.8 - 168.3163.8In
 Put
WING260320P004400000440.0173.9 - 178.3173.9In
 Put
WING260320P004500000450.0183.9 - 188.2205.5In
 Put
WING260320P004600000460.0193.9 - 198.1193.9In
 Put
WING260320P004700000470.0203.9 - 208.1203.9In
 Put
WING260320P004800000480.0213.9 - 218.1213.9In
 Put
WING260320P004900000490.0223.9 - 228.1223.9In
 Put
WING260320P005000000500.0233.9 - 238.1233.9In
 Put
WING260320P005200000520.0253.9 - 258.1253.9In
 Put
WING260320P005400000540.0273.9 - 278.1273.9In

Wingstop Total Stockholder Equity

Total Stockholder Equity

(577.63 Million)

At this time, Wingstop's Total Stockholder Equity is most likely to decrease significantly in the upcoming years.

Wingstop Corporate Management

Craig SherwoodSVP DevelopmentProfile
Bradley TStrategy SVPProfile
Kevin FishSenior DigitalProfile
Raj KapoorSenior InternationalProfile
Alex KaleidaCFO VPProfile
Anne FischerSenior OfficerProfile
When determining whether Wingstop is a strong investment it is important to analyze Wingstop's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wingstop's future performance. For an informed investment choice regarding Wingstop Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wingstop. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Wingstop Stock please use our How to Invest in Wingstop guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Can Hotels, Restaurants & Leisure industry sustain growth momentum? Does Wingstop have expansion opportunities? Factors like these will boost the valuation of Wingstop. Anticipated expansion of Wingstop directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Wingstop demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
0.16
Dividend Share
1.11
Earnings Share
6.15
Revenue Per Share
24.115
Quarterly Revenue Growth
0.081
Understanding Wingstop requires distinguishing between market price and book value, where the latter reflects Wingstop's accounting equity. The concept of intrinsic value - what Wingstop's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push Wingstop's price substantially above or below its fundamental value.
Please note, there is a significant difference between Wingstop's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wingstop is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Wingstop's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.