PZZA260618P00045000 Option on Papa Johns International

PZZA Stock  USD 39.84  1.18  2.88%   
Papa Johns' latest option contracts expiring on May 16th 2025 are carrying combined implied volatility of 0.64 with a put-to-call open interest ratio of 2.04 over 20 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on May 16th 2025. The total put volume is at 5.0, with calls trading at the volume of 65.0. This yields a 0.08 put-to-call volume ratio.

Open Interest Against May 16th 2025 Option Contracts

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

Papa Johns Maximum Pain Price Across 2025-05-16 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 Papa Johns 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, Papa Johns' 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 Papa Johns

Analyzing Papa Johns' in-the-money options over time can help investors to take a profitable long position in Papa Johns regardless of its overall volatility. This is especially true when Papa Johns' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Papa Johns' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Papa Johns' stock while costing only a fraction of its price.
Papa Johns' stock options are financial instruments that give investors the right to buy or sell shares of Papa Johns International common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Papa stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Papa Johns' stock price goes up or down, the stock options follow.
At present, Papa Johns' Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 520 K, whereas Total Stockholder Equity is projected to grow to (392.6 M).

Papa Johns International In The Money Call Balance

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

Papa Current Options Market Mood

Papa Johns' 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 Papa 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 Papa Johns' options investors are not very successful. Papa Johns' 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 Papa contract

Base on the Rule 16, the options market is currently suggesting that Papa Johns International will have an average daily up or down price movement of about 0.04% per day over the life of the 2025-05-16 option contract. With Papa Johns trading at USD 39.84, that is roughly USD 0.0159. If you think that the market is fully incorporating Papa Johns' daily price movement you should consider buying Papa Johns International options at the current volatility level of 0.64%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Papa Johns 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" Papa calls. Remember, the seller must deliver Papa Johns International stock to the call owner when a call is exercised.

Papa Johns Option Chain

When Papa Johns' strike price is surpassing the current stock price, the option contract against Papa Johns International 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.
Papa Johns' option chain is a display of a range of information that helps investors for ways to trade options on Papa. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Papa. It also shows strike prices and maturity days for a Papa Johns 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
PZZA250516C00065000065.00.0 - 0.950.95Out
Call
PZZA250516C00060000060.00.0 - 0.950.95Out
Call
PZZA250516C00055000055.00.15 - 0.450.3Out
Call
PZZA250516C00052500752.50.0 - 1.30.45Out
Call
PZZA250516C000500001750.00.0 - 2.150.4Out
Call
PZZA250516C00047500747.50.55 - 0.91.0Out
Call
PZZA250516C000450002945.00.0 - 1.31.3Out
Call
PZZA250516C000425007242.51.55 - 1.951.9Out
Call
PZZA250516C00040000540.02.65 - 4.02.96Out
Call
PZZA250516C00037500137.52.5 - 6.25.1In
 Put
PZZA250516P00065000065.023.0 - 27.123.0In
 Put
PZZA250516P00060000060.018.6 - 21.918.6In
 Put
PZZA250516P00055000055.013.1 - 17.113.1In
 Put
PZZA250516P00052500052.510.6 - 14.610.6In
 Put
PZZA250516P000500002050.08.3 - 12.49.9In
 Put
PZZA250516P00047500547.55.9 - 10.15.1In
 Put
PZZA250516P00045000445.03.9 - 8.06.09In
 Put
PZZA250516P000425003642.52.65 - 6.23.6In
 Put
PZZA250516P0004000019740.02.5 - 2.852.75Out
 Put
PZZA250516P000375002037.50.0 - 3.31.73Out

Papa Johns Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Papa Total Stockholder Equity

Total Stockholder Equity

(392.65 Million)

At present, Papa Johns' Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting.

Papa Johns Corporate Management

Christopher CollinsVP TreasuryProfile
Madeline ChadwickChief OfficerProfile
Amanda ClarkChief InternationalProfile
Joe SieveChief OfficerProfile
Clara PassafiumeCorporate SecretaryProfile
Joseph SieveChief OfficerProfile
When determining whether Papa Johns International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Papa Johns' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Papa Johns International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Papa Johns International Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Papa Johns International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Papa Johns. If investors know Papa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Papa Johns listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.44)
Dividend Share
1.84
Earnings Share
2.54
Revenue Per Share
62.945
Quarterly Revenue Growth
(0.07)
The market value of Papa Johns International is measured differently than its book value, which is the value of Papa that is recorded on the company's balance sheet. Investors also form their own opinion of Papa Johns' value that differs from its market value or its book value, called intrinsic value, which is Papa Johns' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Papa Johns' market value can be influenced by many factors that don't directly affect Papa Johns' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Papa Johns' value and its price as these two are different measures arrived at by different means. Investors typically determine if Papa Johns is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Papa Johns' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.