Tour v526
WEN
WENDYS CO A
$9.12 +3.17%
$9.08 (-0.44%)🌙
as of 08/25 07:15 PM
(8/21 19:19) ◀
|
Tuesday, August 25, 2026 (7:15pm)
January 2026
|
▶ (8/26 19:15)
◀ 8/25 19:15 ▶

Option Volume

Detail
ℹ
Current (08/25) 12,519
Calls: 11,267 (90%)
Puts: 1,252 (10%)
Prior (08/21) 44,034
Calls: 39,059 (89%)
Puts: 4,975 (11%)
Current vs Prior -71.57%
Calls: -71.15% (Calls)
Puts: -74.83% (Puts)
Prior 7-Day Total 198,360
Calls: 172,825 (87%)
Puts: 25,535 (13%)
Prior 7-Day Average 28,337
Calls: 24,689 (87%)
Puts: 3,647 (13%)
Current vs Prior 7-Day Avg -55.82%
Calls: -54.36%
Puts: -65.68%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (08/25) $698.9K
Calls: $668.0K (96%)
Puts: $31.0K (4%)
Prior (08/21) $3.88M
Calls: $3.41M (88%)
Puts: $471.6K (12%)
Current vs Prior -82.00%
Calls: -80.42%
Puts: -93.43%
Prior 7-Day Total $13.04M
Calls: $11.92M (91%)
Puts: $1.12M (9%)
Prior 7-Day Average $1.86M
Calls: $1.70M (91%)
Puts: $159.9K (9%)
Current vs Prior 7-Day Avg -62.48%
Calls: -60.77%
Puts: -80.63%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (08/25) 0.11
Prior (08/21) 0.13
Current vs Prior -12.76%
Prior 7-Day Average 0.16
Current vs Prior 7-Day Avg -31.66%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (08/25) 285,898
Calls: 255,628 (89%)
Puts: 30,270 (11%)
Prior (08/21) 417,211
Calls: 327,900 (79%)
Puts: 89,311 (21%)
Current vs Prior -31.47%
Prior 7-Day Total 3,050,159
Calls: 2,276,366 (75%)
Puts: 773,793 (25%)
Prior 7-Day Average 435,737
Calls: 325,195 (75%)
Puts: 110,541 (25%)
Current vs Prior 7-Day Avg -34.39%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 4.17% | 6.58%9.32% | 15.68%
Prior 5.88% | 8.32%2.33% | 10.54%
Current vs Prior -29.17% | -20.96%+299.89% | +48.71%
Prior 7-Day Avg 4.96% | 8.04%5.08% | 12.29%
Current vs 7-Day Avg -15.99% | -18.16%+83.47% | +27.58%
Prior 7-Day Eod 5.88% | 8.32%2.33% | 10.54%
Current vs 7-Day Eod -29.17% | -20.96%+299.89% | +48.71%
Sentiment BULLISHBEARISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 66.42% | 44.23%
Calls: 21.74% | 34.88%
Puts: 111.11% | 53.57%
Prior 66.42% | 44.23%
Calls: 21.74% | 34.88%
Puts: 111.11% | 53.57%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 66.42% | 44.23%
Calls: 21.74% | 34.88%
Puts: 111.11% | 53.57%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Strong bullish conviction with 96% of dollar volume in calls ($668.0K) vs puts ($31.0K). Light premium activity with dollar volume down 82% vs prior. Below-average activity with volume down 72% vs prior. Extreme bullish P/C ratio of 0.11 - heavy call buying (11,267 calls vs 1,252 puts).

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
⏰ Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
⚡ Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top -- of results (avg --%, best --%)

No options available for this category

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 1 found (avg $0.32, cheapest $0.32)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Sep 40.300.35$0.3215.6%1.1K0.552.3K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 30 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Sep 40.951.25$1.1027.3%1111.00434
$8.00Aug 281.051.20$1.1313.3%1310.97897
$7.50Aug 281.451.85$1.6524.2%970.96336
$8.50Aug 280.550.75$0.6530.8%2970.961.0K
$7.50Sep 111.001.85$1.4359.4%120.95455
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 280.651.25$0.9563.2%10.914
$10.50Sep 41.151.90$1.5349.0%10.89--
$10.00Sep 40.751.35$1.0557.1%50.83--
$10.00Sep 181.001.25$1.1322.1%70.78--
$10.50Oct 21.351.90$1.6333.7%10.78--

Most actively traded options today. High liquidity = easy entry/exit. 64 active (total vol 7.2K, top 1.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Sep 40.300.35$0.3215.6%1.1K0.552.3K
$9.00Sep 180.400.50$0.4522.2%8220.5425.3K
$9.50Aug 280.050.10$0.0862.5%7740.242.0K
$9.00Aug 280.200.25$0.2321.7%7470.594.5K
$10.00Aug 280.000.05$0.03166.7%4040.092.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Sep 250.100.20$0.1566.7%1140.1982
$9.00Sep 40.150.40$0.2889.3%1010.46466
$8.00Sep 40.000.05$0.03166.7%920.071.4K
$8.00Sep 180.050.10$0.0862.5%830.131.6K
$8.50Aug 280.000.05$0.03166.7%820.111.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 39.0%, max 54.1%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.50Aug 28Oct 268.7%44.6%54.1%8452.2K
$9.00Aug 28Oct 257.1%46.0%24.0%7834.9K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.50Aug 28Oct 268.7%44.6%54.1%1511
$9.00Aug 28Oct 257.1%46.0%24.0%59568

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 27 found (best R:R 0.61, avg 1.87)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$7.50$8.50Oct 2$0.62$0.38$0.6293%0.61$8.12
$7.50$8.00Sep 11$0.28$0.22$0.2895%0.79$7.78
$9.00$9.50Sep 25$0.15$0.35$0.1554%2.33$9.15
$8.50$9.00Sep 11$0.30$0.20$0.3075%0.67$8.80
$9.00$9.50Aug 28$0.15$0.35$0.1559%2.33$9.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$9.50$9.00Sep 4$0.29$0.21$0.2971%0.72$9.21
$9.00$8.50Sep 4$0.15$0.35$0.1546%2.33$8.85
$9.00$8.50Sep 11$0.17$0.33$0.1746%1.94$8.83
$9.00$8.50Sep 18$0.18$0.32$0.1846%1.78$8.82
$9.50$9.00Aug 28$0.33$0.17$0.3376%0.52$9.17

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 13 found (best R:R 0.35, avg 0.41)

BEAR CALL (3)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$9.50$10.00Sep 25$0.17$0.17$0.3361%0.52$9.67
$9.50$10.00Sep 11$0.10$0.10$0.4066%0.25$9.60
$9.50$10.00Sep 18$0.10$0.10$0.4065%0.25$9.60
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$8.50$8.00Sep 11$0.13$0.13$0.3773%0.35$8.37
$8.00$7.50Oct 2$0.12$0.12$0.3879%0.32$7.88
$8.50$8.00Sep 18$0.14$0.14$0.3671%0.39$8.36
$8.50$8.00Sep 4$0.10$0.10$0.4076%0.25$8.40
$9.00$8.00Sep 25$0.30$0.30$0.7054%0.43$8.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.11, cheapest $0.09)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.00Aug 28Sep 4$0.0957.1%49.8%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.00Aug 28Sep 4$0.1357.1%49.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 18 found (cheapest 4.17% of stock, avg 9.75%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.00Aug 28$0.23$0.15$0.38$8.62$9.384.17%
$9.50Aug 28$0.08$0.48$0.56$8.94$10.066.14%
$9.00Sep 4$0.32$0.28$0.60$8.40$9.606.58%
$8.50Aug 28$0.65$0.03$0.68$7.82$9.187.46%
$9.50Sep 4$0.13$0.57$0.70$8.80$10.207.68%
$9.00Sep 11$0.40$0.35$0.75$8.25$9.758.22%
$8.50Sep 4$0.68$0.13$0.81$7.69$9.318.88%
$9.00Sep 18$0.45$0.40$0.85$8.15$9.859.32%
$8.50Sep 11$0.70$0.18$0.88$7.62$9.389.65%
$9.50Sep 11$0.20$0.68$0.88$8.62$10.389.65%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 45 found (cheapest 0.66% of stock, avg 3.86%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.00$8.50Aug 28$0.03$0.03$0.06$8.44$10.06
$10.00$8.00Aug 28$0.03$0.03$0.06$7.94$10.06
$10.00$7.50Aug 28$0.03$0.03$0.06$7.44$10.06
$10.00$8.00Sep 4$0.08$0.03$0.11$7.89$10.11
$9.50$8.50Aug 28$0.08$0.03$0.11$8.39$9.61
$9.50$8.00Aug 28$0.08$0.03$0.11$7.89$9.61
$9.50$7.50Aug 28$0.08$0.03$0.11$7.39$9.61
$10.00$7.50Sep 4$0.08$0.05$0.13$7.37$10.13
$10.50$8.00Sep 18$0.08$0.08$0.16$7.84$10.66
$10.00$8.00Sep 11$0.10$0.05$0.15$7.85$10.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 2 found (best R:R 0.85, avg credit $0.23)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
8/810/10Sep 11$0.23$0.2740%0.85$8.27$9.73
8/810/10Sep 18$0.24$0.2636%0.92$8.26$9.74

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 24 found (best R:R 7.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Sep 4$0.06$0.4445%7.33
$9.00$9.50$10.00Aug 28$0.10$0.4050%4.00
$8.00$8.50$9.00Aug 28$0.06$0.4438%7.33
$8.50$9.00$9.50Sep 11$0.10$0.4041%4.00
$8.50$9.00$9.50Oct 2$0.07$0.4331%6.14
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$8.00$8.50$9.00Sep 4$0.05$0.4539%9.00
$8.50$9.00$9.50Aug 28$0.21$0.2965%1.38
$9.00$9.50$10.00Aug 28$0.14$0.3648%2.57
$8.50$9.00$9.50Sep 4$0.14$0.3647%2.57
$8.00$8.50$9.00Aug 28$0.12$0.3836%3.17

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 29 found (best net $-0.07, 17 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$7.50$8.501:2Oct 2-$0.26$0.74
$8.00$8.501:2Aug 28-$0.17$0.33
$8.50$9.001:2Sep 11-$0.10$0.40
$8.00$8.501:2Sep 4-$0.26$0.24
$8.00$8.501:2Sep 11-$0.25$0.25
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.50$9.501:2Oct 2-$0.07$0.93
$10.00$9.501:2Sep 4-$0.09$0.41
$9.50$9.001:2Sep 25-$0.10$0.40
$9.00$8.501:2Oct 2-$0.08$0.42
$9.50$9.001:2Oct 2-$0.19$0.31

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 8 found (best yield 2.19%, avg 1.99%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.00Oct 2$0.200.299.7%2.19%11.84%8490
$9.50Sep 25$0.300.394.2%3.29%7.46%966
$9.50Oct 2$0.250.394.2%2.74%6.91%71212
$10.00Sep 25$0.150.259.7%1.64%11.29%205579
$9.50Sep 18$0.200.354.2%2.19%6.36%110135
$10.00Sep 18$0.100.219.7%1.10%10.75%1688.6K
$9.50Sep 11$0.150.344.2%1.64%5.81%631.3K
$9.50Sep 4$0.100.284.2%1.10%5.26%133512

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 11,267
Total Puts 1,252
Put/Call Ratio 0.11
Net Difference 10,015

Prior's Put/Call Breakdown

Total Calls 39,059
Total Puts 4,975
Put/Call Ratio 0.13
Net Difference 34,084

Prior 7-Day Put/Call Summary

Total Calls 172,825
Total Puts 25,535
Average Put/Call Ratio 0.16
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All