WING241220P00440000 Option on Wingstop
| WING Stock | USD 327.55 2.71 0.83% |
Wingstop's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.54 with a put-to-call open interest ratio of 0.83 over 81 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 253, with calls trading at the volume of 253. This yields a 0.33 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
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 2024-12-20 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.
Wingstop's option chain provides insight into all available option contracts written on Wingstop's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Wingstop's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Wingstop option contract.
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.
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 board of governors.
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 0.0338% per day over the life of the 2024-12-20 option contract. With Wingstop trading at USD 327.55, that is roughly USD 0.11. 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 0.54%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Wingstop |
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 Int | Expiration | Current Spread | Last Price | |||
Call | WING Option Call 20-12-2024 180 | 7 | 2024-12-20 | 194.0 - 198.2 | 213.8 | In |
Call | WING Option Call 20-12-2024 185 | 0 | 2024-12-20 | 203.0 - 207.5 | 211.93 | In |
Call | WING Option Call 20-12-2024 190 | 12 | 2024-12-20 | 136.9 - 141.4 | 115.9 | In |
Call | WING Option Call 20-12-2024 195 | 12 | 2024-12-20 | 132.2 - 136.6 | 106.0 | In |
Call | WING Option Call 20-12-2024 200 | 2 | 2024-12-20 | 188.0 - 191.6 | 180.5 | In |
Call | WING Option Call 20-12-2024 210 | 0 | 2024-12-20 | 0.0 - 0.0 | 133.19 | In |
Call | WING Option Call 20-12-2024 220 | 0 | 2024-12-20 | 0.0 - 0.0 | 100.9 | In |
Call | WING Option Call 20-12-2024 230 | 0 | 2024-12-20 | 97.4 - 100.8 | 73.9 | In |
Call | WING Option Call 20-12-2024 240 | 1 | 2024-12-20 | 88.1 - 92.0 | 68.9 | In |
Call | WING Option Call 20-12-2024 250 | 8 | 2024-12-20 | 166.4 - 170.2 | 133.0 | In |
Call | WING Option Call 20-12-2024 260 | 0 | 2024-12-20 | 0.0 - 0.0 | 70.0 | In |
Call | WING Option Call 20-12-2024 270 | 0 | 2024-12-20 | 0.0 - 0.0 | 63.08 | In |
Call | WING Option Call 20-12-2024 280 | 0 | 2024-12-20 | 0.0 - 0.0 | 52.85 | In |
Call | WING Option Call 20-12-2024 290 | 0 | 2024-12-20 | 0.0 - 0.0 | 44.4 | In |
Call | WING Option Call 20-12-2024 300 | 0 | 2024-12-20 | 0.0 - 0.0 | 28.47 | In |
Call | WING Option Call 20-12-2024 310 | 0 | 2024-12-20 | 0.0 - 0.0 | 23.1 | In |
Call | WING Option Call 20-12-2024 320 | 0 | 2024-12-20 | 0.0 - 0.0 | 15.4 | In |
Call | WING Option Call 20-12-2024 330 | 0 | 2024-12-20 | 0.0 - 0.0 | 10.1 | |
Call | WING Option Call 20-12-2024 340 | 0 | 2024-12-20 | 0.0 - 0.0 | 5.61 | |
Call | WING Option Call 20-12-2024 350 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.26 | |
Call | WING Option Call 20-12-2024 360 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.31 | |
Call | WING Option Call 20-12-2024 370 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.17 | |
Call | WING Option Call 20-12-2024 380 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.65 | |
Call | WING Option Call 20-12-2024 390 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.64 | |
Call | WING Option Call 20-12-2024 400 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.3 | |
Call | WING Option Call 20-12-2024 410 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.33 | |
Call | WING Option Call 20-12-2024 420 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.12 | |
Call | WING Option Call 20-12-2024 430 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | WING Option Call 20-12-2024 440 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.31 | |
Call | WING Option Call 20-12-2024 450 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.1 | |
Call | WING Option Call 20-12-2024 460 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.09 | |
Call | WING Option Call 20-12-2024 470 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | WING Option Call 20-12-2024 480 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | WING Option Call 20-12-2024 490 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | WING Option Call 20-12-2024 500 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | WING Option Call 20-12-2024 510 | 0 | 2024-12-20 | 0.0 - 0.25 | 0.9 | |
Call | WING Option Call 20-12-2024 520 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | WING Option Call 20-12-2024 540 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.12 | |
Call | WING Option Call 20-12-2024 560 | 0 | 2024-12-20 | 0.0 - 0.25 | 0.05 | |
Call | WING Option Call 20-12-2024 580 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.1 | |
Call | WING Option Call 20-12-2024 600 | 47 | 2024-12-20 | 0.0 - 0.3 | 0.25 | Out |
Call | WING Option Call 20-12-2024 620 | 7 | 2024-12-20 | 0.0 - 0.75 | 0.69 | Out |
Put | WING Option Put 20-12-2024 180 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.15 | |
Put | WING Option Put 20-12-2024 185 | 10 | 2024-12-20 | 0.05 - 2.75 | 1.25 | Out |
Put | WING Option Put 20-12-2024 190 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.04 | |
Put | WING Option Put 20-12-2024 195 | 32 | 2024-12-20 | 0.1 - 0.75 | 0.45 | Out |
Put | WING Option Put 20-12-2024 200 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.04 | |
Put | WING Option Put 20-12-2024 210 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.25 | |
Put | WING Option Put 20-12-2024 220 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | WING Option Put 20-12-2024 230 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.38 | |
Put | WING Option Put 20-12-2024 240 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.15 | |
Put | WING Option Put 20-12-2024 250 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.2 | |
Put | WING Option Put 20-12-2024 260 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.3 | |
Put | WING Option Put 20-12-2024 270 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.31 | |
Put | WING Option Put 20-12-2024 280 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.5 | |
Put | WING Option Put 20-12-2024 290 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.0 | |
Put | WING Option Put 20-12-2024 300 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.7 | |
Put | WING Option Put 20-12-2024 310 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.7 | |
Put | WING Option Put 20-12-2024 320 | 0 | 2024-12-20 | 0.0 - 0.0 | 6.1 | |
Put | WING Option Put 20-12-2024 330 | 0 | 2024-12-20 | 0.0 - 0.0 | 10.9 | In |
Put | WING Option Put 20-12-2024 340 | 0 | 2024-12-20 | 0.0 - 0.0 | 16.45 | In |
Put | WING Option Put 20-12-2024 350 | 0 | 2024-12-20 | 0.0 - 0.0 | 24.15 | In |
Put | WING Option Put 20-12-2024 360 | 0 | 2024-12-20 | 0.0 - 0.0 | 32.85 | In |
Put | WING Option Put 20-12-2024 370 | 0 | 2024-12-20 | 0.0 - 0.0 | 44.29 | In |
Put | WING Option Put 20-12-2024 380 | 0 | 2024-12-20 | 0.0 - 0.0 | 48.2 | In |
Put | WING Option Put 20-12-2024 390 | 0 | 2024-12-20 | 0.0 - 0.0 | 63.79 | In |
Put | WING Option Put 20-12-2024 400 | 0 | 2024-12-20 | 0.0 - 0.0 | 71.36 | In |
Put | WING Option Put 20-12-2024 410 | 0 | 2024-12-20 | 0.0 - 0.0 | 114.3 | In |
Put | WING Option Put 20-12-2024 420 | 0 | 2024-12-20 | 0.0 - 0.0 | 124.7 | In |
Put | WING Option Put 20-12-2024 430 | 0 | 2024-12-20 | 0.0 - 0.0 | 134.5 | In |
Put | WING Option Put 20-12-2024 440 | 15 | 2024-12-20 | 72.2 - 75.1 | 43.3 | In |
Put | WING Option Put 20-12-2024 450 | 0 | 2024-12-20 | 0.0 - 0.0 | 125.0 | In |
Put | WING Option Put 20-12-2024 460 | 0 | 2024-12-20 | 0.0 - 0.0 | 128.6 | In |
Put | WING Option Put 20-12-2024 480 | 1 | 2024-12-20 | 75.0 - 78.0 | 98.7 | In |
Put | WING Option Put 20-12-2024 490 | 1 | 2024-12-20 | 83.3 - 85.6 | 107.5 | In |
Put | WING Option Put 20-12-2024 500 | 1 | 2024-12-20 | 0.0 - 0.0 | 115.9 | In |
Put | WING Option Put 20-12-2024 510 | 0 | 2024-12-20 | 137.5 - 141.7 | 97.8 | In |
Put | WING Option Put 20-12-2024 540 | 20 | 2024-12-20 | 171.0 - 174.2 | 142.0 | In |
Put | WING Option Put 20-12-2024 560 | 0 | 2024-12-20 | 0.0 - 0.0 | 186.5 | In |
Put | WING Option Put 20-12-2024 580 | 0 | 2024-12-20 | 189.5 - 194.4 | 215.5 | In |
Put | WING Option Put 20-12-2024 600 | 0 | 2024-12-20 | 194.0 - 198.3 | 204.4 | In |
Wingstop Total Stockholder Equity
Total Stockholder Equity |
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Wingstop Corporate Management
| Craig Sherwood | SVP Development | Profile | |
| Bradley T | Strategy SVP | Profile | |
| Kevin Fish | Senior Digital | Profile | |
| Raj Kapoor | Senior International | Profile | |
| Alex Kaleida | CFO VP | Profile | |
| Anne Fischer | Senior Officer | Profile |
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 board of governors. For more detail on how to invest in Wingstop Stock please use our How to Invest in Wingstop guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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 Wingstop. If investors know Wingstop 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 Wingstop 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 0.353 | Dividend Share 0.93 | Earnings Share 3.41 | Revenue Per Share 20.144 | Quarterly Revenue Growth 0.388 |
The market value of Wingstop is measured differently than its book value, which is the value of Wingstop that is recorded on the company's balance sheet. Investors also form their own opinion of Wingstop's value that differs from its market value or its book value, called intrinsic value, which is Wingstop'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 Wingstop's market value can be influenced by many factors that don't directly affect Wingstop'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 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. However, Wingstop'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.