Shake Shack Stock Options

SHAK Stock  USD 89.74  3.96  4.62%   
Shake Shack's latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.62 with a put-to-call open interest ratio of 0.34 over 55 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on June 20th 2025. The total put volume is at 58.0, with calls trading at the volume of 60.0. This yields a 0.97 put-to-call volume ratio.

Open Interest Against June 20th 2025 Option Contracts

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

Shake Shack Maximum Pain Price Across 2025-06-20 Option Contracts

Shake Shack's 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, 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 Shake Shack

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

Shake Shack In The Money Call Balance

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

Shake Current Options Market Mood

Shake Shack'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 Shake 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 Shake Shack's options investors are not very successful. Shake Shack'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 Shake contract

Base on the Rule 16, the options market is currently suggesting that Shake Shack will have an average daily up or down price movement of about 0.0388% per day over the life of the 2025-06-20 option contract. With Shake Shack trading at USD 89.74, that is roughly USD 0.0348. If you think that the market is fully incorporating Shake Shack's daily price movement you should consider buying Shake Shack options at the current volatility level of 0.62%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Shake Shack 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" Shake calls. Remember, the seller must deliver Shake Shack stock to the call owner when a call is exercised.

Shake Shack Option Chain

When Shake Shack's strike price is surpassing the current stock price, the option contract against Shake Shack 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.
Shake Shack's option chain is a display of a range of information that helps investors for ways to trade options on Shake. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Shake. It also shows strike prices and maturity days for a Shake Shack 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
SHAK250620C0020000055200.00.0 - 1.10.01Out
Call
SHAK250620C001950000195.00.0 - 2.152.15Out
Call
SHAK250620C001900002190.00.0 - 2.11.45Out
Call
SHAK250620C001850004185.00.0 - 0.350.1Out
Call
SHAK250620C0018000019180.00.0 - 0.553.9Out
Call
SHAK250620C001750009175.00.0 - 0.351.8Out
Call
SHAK250620C00170000649170.00.0 - 0.40.07Out
Call
SHAK250620C0016500010165.00.0 - 0.60.15Out
Call
SHAK250620C00160000142160.00.0 - 0.40.25Out
Call
SHAK250620C0015500026155.00.1 - 0.30.25Out
Call
SHAK250620C00150000498150.00.05 - 0.50.72Out
Call
SHAK250620C0014500012145.00.05 - 0.50.85Out
Call
SHAK250620C001400001055140.00.1 - 2.40.1Out
Call
SHAK250620C00135000100135.00.15 - 2.50.5Out
Call
SHAK250620C00130000481130.00.5 - 0.650.63Out
Call
SHAK250620C001250002880125.00.7 - 0.850.75Out
Call
SHAK250620C00120000124120.01.0 - 1.21.1Out
Call
SHAK250620C0011500065115.01.35 - 1.71.55Out
Call
SHAK250620C00110000182110.02.05 - 2.252.14Out
Call
SHAK250620C0010500076105.02.85 - 3.23.04Out
Call
SHAK250620C00100000230100.04.0 - 4.34.26Out
Call
SHAK250620C0009500023095.05.5 - 5.85.42Out
Call
SHAK250620C000900004690.07.4 - 7.78.0Out
Call
SHAK250620C000850006085.08.3 - 10.09.56In
Call
SHAK250620C000800008080.012.3 - 12.813.8In
Call
SHAK250620C00070000670.017.7 - 19.721.5In
Call
SHAK250620C00065000265.022.4 - 23.646.49In
Call
SHAK250620C000600002260.027.3 - 28.228.15In
Call
SHAK250620C00055000155.030.5 - 33.329.34In
 Put
SHAK250620P000550001255.00.6 - 0.750.66Out
 Put
SHAK250620P000600002960.01.0 - 1.251.03Out
 Put
SHAK250620P000650002365.01.65 - 1.91.81Out
 Put
SHAK250620P000700004670.02.6 - 2.852.9Out
 Put
SHAK250620P000750007675.03.9 - 4.23.65Out
 Put
SHAK250620P000800009780.05.7 - 6.05.9Out
 Put
SHAK250620P0008500026185.07.9 - 8.28.1Out
 Put
SHAK250620P0009000035890.010.5 - 10.910.3In
 Put
SHAK250620P0009500015095.012.8 - 14.013.9In
 Put
SHAK250620P00100000172100.017.2 - 18.616.88In
 Put
SHAK250620P0010500061105.020.9 - 21.620.13In
 Put
SHAK250620P00110000179110.025.2 - 26.324.99In
 Put
SHAK250620P00115000877115.029.5 - 30.430.77In
 Put
SHAK250620P0012000074120.034.0 - 35.033.32In
 Put
SHAK250620P0012500012125.038.1 - 41.240.7In
 Put
SHAK250620P001300006130.042.7 - 46.242.26In
 Put
SHAK250620P001550000155.067.5 - 71.143.1In
 Put
SHAK250620P001600000160.072.8 - 75.572.8In
 Put
SHAK250620P001650000165.077.7 - 81.177.7In
 Put
SHAK250620P001700000170.082.8 - 86.182.8In
 Put
SHAK250620P001750000175.087.5 - 90.587.5In
 Put
SHAK250620P001800000180.092.5 - 95.546.87In
 Put
SHAK250620P001850000185.097.5 - 100.597.5In
 Put
SHAK250620P001900000190.0102.6 - 106.0102.6In
 Put
SHAK250620P001950000195.0107.5 - 111.1107.5In
 Put
SHAK250620P002000000200.0112.6 - 116.0112.6In

Shake Total Stockholder Equity

Total Stockholder Equity

288.68 Million

At this time, Shake Shack's Total Stockholder Equity is quite stable compared to the past year.

Shake Shack Corporate Directors

Tristan WalkerIndependent DirectorProfile
Joshua SilvermanIndependent DirectorProfile
Jenna LyonsIndependent DirectorProfile
Sumaiya BalbaleIndependent DirectorProfile
When determining whether Shake Shack is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Shake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Shake Shack Stock. Highlighted below are key reports to facilitate an investment decision about Shake Shack Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shake Shack. 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.
For more information on how to buy Shake Stock please use our How to buy in Shake Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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 Shake Shack. If investors know Shake 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 Shake Shack 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
0.318
Earnings Share
0.24
Revenue Per Share
31.449
Quarterly Revenue Growth
0.148
Return On Assets
0.0134
The market value of Shake Shack is measured differently than its book value, which is the value of Shake that is recorded on the company's balance sheet. Investors also form their own opinion of Shake Shack's value that differs from its market value or its book value, called intrinsic value, which is Shake Shack's 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 Shake Shack's market value can be influenced by many factors that don't directly affect Shake Shack's 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 Shake Shack's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shake Shack is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shake Shack's 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.