The Cheesecake Factory Incorporated (CAKE) Options Chain
The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.
The Cheesecake Factory Incorporated (CAKE) operates in the Consumer Cyclical sector, specifically the Restaurants industry, with a market capitalization near $2.81B, listed on NASDAQ, employing roughly 47,900 people, carrying a beta of 1.04 to the broader market. The Cheesecake Factory Incorporated operates restaurants. Led by David Overton, public since 1992-09-18.
Snapshot as of May 15, 2026.
- Spot Price
- $59.75
- Total OI
- 14.9K
- Total Volume
- 158
- Front Expiration
- 34 days
- Second Expiration
- 63 days
- ATM IV
- 34.8%
- Avg Bid/Ask Spread
- 41.00%
As of May 15, 2026, The Cheesecake Factory Incorporated (CAKE) has 14.9K open contracts and 158 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 34.8%. Average bid/ask spread across the chain is 41.00%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.
How CAKE options chain Data Feeds Strategy Selection
Strategy selection on The Cheesecake Factory Incorporated options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 34.8% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
Learn how the options chain is reported and how to read the data →
Frequently asked CAKE options chain questions
- What does the CAKE options chain show right now?
- As of May 15, 2026, The Cheesecake Factory Incorporated (CAKE) has 14.9K contracts outstanding and 158 traded today, with ATM IV of 34.8%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for CAKE options?
- The nearest expiration is 34 days out, followed by 63 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are CAKE options bid/ask spreads?
- Average bid/ask spread across the chain is 41.00%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.