WING250321C00580000 Option on Wingstop

WING Stock  USD 220.19  5.54  2.58%   
WING250321C00580000 is a PUT option contract on Wingstop's common stock with a strick price of 580.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 0 days remaining before the expiration. The option is currently trading at an ask price of $2.05. The implied volatility as of the 21st of March is 0.0.
  
When exercised, put options on Wingstop produce a short position in Wingstop Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Wingstop's downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Wingstop will have an average daily up or down price movement of about 0.4% per day over the life of the option. With Wingstop trading at USD 220.19, that is roughly USD 0.88. If you think that the market is fully understating Wingstop's daily price movement you should consider buying Wingstop options at that current volatility level of 6.36%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Wingstop

An 'Out of The Money' option on Wingstop has a strike price that Wingstop Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Wingstop's 'Out of The Money' options include buying the options if you expect a big move in Wingstop's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract NameWING250321C00580000
Expires On2025-03-21
Delta0.030467
Vega0.010952
Gamma6.81E-4
Theoretical Value1.03
Open Interest19
Strike Price580.0
Last Traded At0.3
Current Price Spread0.0 | 2.05
Rule 16 Daily Up or DownUSD 0.88

Wingstop short PUT Option Greeks

Wingstop's Option Greeks for the contract ending on 2025-03-21 at a strike price of 580.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Wingstop's option greeks, its implied volatility helps estimate the risk of Wingstop stock implied by the prices of the options on Wingstop's stock.
Delta0.030467
Gamma6.81E-4
Theta-0.999999
Vega0.010952
Rho3.02E-4

Wingstop long PUT Option Payoff at expiration

Put options written on Wingstop grant holders of the option the right to sell a specified amount of Wingstop at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Wingstop Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Wingstop is like buying insurance aginst Wingstop's downside shift.
   Profit   
       Wingstop Price At Expiration  

Wingstop short PUT Option Payoff at expiration

By selling Wingstop's put option, the investors signal their bearish sentiment. A short position in a put option written on Wingstop will generally make money when the underlying price is above the strike price. Therefore Wingstop's put payoff at expiration depends on where the Wingstop Stock price is relative to the put option strike price. The breakeven price of 581.03 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Wingstop's price. Finally, at the strike price of 580.0, the payoff chart is constant and positive.
   Profit   
       Wingstop Price At Expiration  
View All Wingstop Options

Wingstop Available Call Options

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
WING250620C0062000070620.00.0 - 0.10.2Out
Call
WING250620C00600000115600.00.0 - 0.50.08Out
Call
WING250620C0058000082580.00.0 - 2.150.05Out
Call
WING250620C0056000018560.00.0 - 2.150.38Out
Call
WING250620C005400000540.00.0 - 2.152.02Out
Call
WING250620C005300000530.00.0 - 2.152.15Out
Call
WING250620C005200005520.00.0 - 2.00.16Out
Call
WING250620C005100001510.00.0 - 2.155.0Out
Call
WING250620C0050000021500.00.0 - 2.21.25Out
Call
WING250620C004900008490.00.0 - 2.20.2Out
Call
WING250620C0048000015480.00.0 - 2.218.45Out
Call
WING250620C0047000024470.00.0 - 2.242.4Out
Call
WING250620C004600003460.00.0 - 2.210.96Out
Call
WING250620C0045000013450.00.0 - 2.20.32Out
Call
WING250620C004400006440.00.0 - 2.253.1Out
Call
WING250620C0043000016430.00.0 - 2.250.75Out
Call
WING250620C0042000024420.00.0 - 2.254.5Out
Call
WING250620C004100007410.00.0 - 2.30.35Out
Call
WING250620C0040000023400.00.0 - 2.350.32Out
Call
WING250620C0039000084390.00.0 - 2.350.35Out
Call
WING250620C0038000044380.00.1 - 0.950.7Out
Call
WING250620C0037000010370.00.1 - 0.450.4Out
Call
WING250620C0036000064360.00.05 - 2.60.87Out
Call
WING250620C0035000022350.00.2 - 2.71.4Out
Call
WING250620C0034000022340.00.45 - 2.651.42Out
Call
WING250620C00330000121330.00.5 - 1.71.25Out
Call
WING250620C0032000060320.00.05 - 1.71.6Out
Call
WING250620C0031000070310.00.45 - 3.92.05Out
Call
WING250620C00300000382300.00.55 - 4.33.3Out
Call
WING250620C0029000062290.02.6 - 3.82.7Out
Call
WING250620C00280000158280.02.8 - 6.03.7Out
Call
WING250620C0027000073270.04.1 - 7.14.83Out
Call
WING250620C0026000096260.06.9 - 9.08.5Out
Call
WING250620C00250000114250.09.0 - 10.78.11Out
Call
WING250620C00240000203240.012.5 - 13.410.84Out
Call
WING250620C0023000056230.014.5 - 16.917.7Out
Call
WING250620C0022000042220.019.6 - 22.020.5Out
Call
WING250620C0021000015210.024.3 - 27.122.0In
Call
WING250620C0020000013200.029.7 - 33.426.5In
Call
WING250620C001950004195.032.5 - 36.5112.9In
Call
WING250620C001900001190.036.4 - 39.5206.5In
Call
WING250620C001850003185.039.2 - 43.039.1In
Call
WING250620C001800002180.042.8 - 46.443.6In
Call
WING250620C0016000018160.058.5 - 62.475.0In

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 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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
0.437
Dividend Share
0.98
Earnings Share
3.69
Revenue Per Share
21.386
Quarterly Revenue Growth
0.274
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.