The Wendy's Company (WEN) 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 Wendy's Company (WEN) operates in the Consumer Cyclical sector, specifically the Restaurants industry, with a market capitalization near $1.56B, listed on NASDAQ, employing roughly 4,833 people, carrying a beta of 0.35 to the broader market. The Wendy's Company, together with its subsidiaries, operates as a quick-service restaurant company. Led by Kenneth Cook, public since 1980-05-06.
Snapshot as of May 15, 2026.
- Spot Price
- $8.11
- Total OI
- 460.3K
- Total Volume
- 25.7K
- Front Expiration
- 28 days
- Second Expiration
- 34 days
- ATM IV
- 60.4%
- Avg Bid/Ask Spread
- 36.32%
As of May 15, 2026, The Wendy's Company (WEN) has 460.3K open contracts and 25.7K contracts traded. The nearest expiration is 28 days out, followed by 34 days. ATM implied volatility is 60.4%. Average bid/ask spread across the chain is 36.32%: 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 WEN options chain Data Feeds Strategy Selection
Strategy selection on The Wendy's Company 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 60.4% 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.
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WEN most-active contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $8.00 | Jun 18, 2026 | 1.9K | 28.4K | 62.2% | $0.60 | $0.65 |
| PUT | $8.00 | May 29, 2026 | 1.8K | 1.6K | 61.4% | $0.20 | $0.50 |
| CALL | $10.00 | Jun 18, 2026 | 1.3K | 3.4K | 60.9% | $0.05 | $0.15 |
Top 3 contracts from the ORATS-sourced nightly scan; ranked by volume within the broader S&P 500/400/600 + ETF universe.
Frequently asked WEN options chain questions
- What does the WEN options chain show right now?
- As of May 15, 2026, The Wendy's Company (WEN) has 460.3K contracts outstanding and 25.7K traded today, with ATM IV of 60.4%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for WEN options?
- The nearest expiration is 28 days out, followed by 34 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are WEN options bid/ask spreads?
- Average bid/ask spread across the chain is 36.32%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.