WEN - Options Database

WEN

WENDYS CO A

$7.63 -2.80%

$7.63 (-0.04%)🌙

as of 07/21 07:15 PM

(7/20 19:17) ◀

Tuesday, July 21, 2026 (7:15pm)

▶ (7/22 21:23)

◀ 7/21 19:15 ▶

Option Volume

Detail

ℹ

Current (07/21) 31,029

Calls: 28,183 (91%)

Puts: 2,846 (9%)

Prior (07/20) 23,414

Calls: 18,378 (78%)

Puts: 5,036 (22%)

Current vs Prior +32.52%

Calls: +53.35% (Calls)

Puts: -43.49% (Puts)

Prior 7-Day Total 314,991

Calls: 132,542 (42%)

Puts: 182,449 (58%)

Prior 7-Day Average 44,998

Calls: 18,934 (42%)

Puts: 26,064 (58%)

Current vs Prior 7-Day Avg -31.04%

Calls: +48.84%

Puts: -89.08%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/21) $1.76M

Calls: $1.59M (90%)

Puts: $168.3K (10%)

Prior (07/20) $999.2K

Calls: $885.2K (89%)

Puts: $114.0K (11%)

Current vs Prior +75.96%

Calls: +79.61%

Puts: +47.60%

Prior 7-Day Total $12.77M

Calls: $6.59M (52%)

Puts: $6.18M (48%)

Prior 7-Day Average $1.82M

Calls: $942.1K (52%)

Puts: $882.3K (48%)

Current vs Prior 7-Day Avg -3.63%

Calls: +68.77%

Puts: -80.93%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/21) 0.10

Prior (07/20) 0.27

Current vs Prior -63.15%

Prior 7-Day Average 1.03

Current vs Prior 7-Day Avg -90.18%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/21) 430,016

Calls: 286,138 (67%)

Puts: 143,878 (33%)

Prior (07/20) 477,837

Calls: 324,491 (68%)

Puts: 153,346 (32%)

Current vs Prior -10.01%

Prior 7-Day Total 3,717,113

Calls: 2,295,097 (62%)

Puts: 1,422,016 (38%)

Prior 7-Day Average 531,016

Calls: 327,871 (62%)

Puts: 203,145 (38%)

Current vs Prior 7-Day Avg -19.02%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)

Current 4.59% | 7.60%12.71% | 18.35%

Prior 6.11% | 8.66%15.29% | 21.15%

Current vs Prior -24.98% | -12.25%-16.84% | -13.23%

Prior 7-Day Avg 5.33% | 8.65%6.13% | 17.85%

Current vs 7-Day Avg -13.99% | -12.17%+107.44% | +2.81%

Prior 7-Day Eod 6.11% | 8.66%15.29% | 21.15%

Current vs 7-Day Eod -24.98% | -12.25%-16.84% | -13.23%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 11.66% | 12.92%

Calls: 15.38% | 10.53%

Puts: 7.94% | 15.31%

Prior 11.66% | 12.92%

Calls: 15.38% | 10.53%

Puts: 7.94% | 15.31%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 11.66% | 12.92%

Calls: 15.38% | 10.53%

Puts: 7.94% | 15.31%

Current vs 7-Day Avg +0.00% | +0.00%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 90% of dollar volume in calls ($1.59M) vs puts ($168.3K). Elevated premium activity with dollar volume up 76% vs prior. Extreme bullish P/C ratio of 0.10 - heavy call buying (28,183 calls vs 2,846 puts). P/C ratio dropping 63% - sentiment shifting bullish.

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

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 2 of results (avg 9.1%, best 8.8%)

CALLS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$7.50	Aug 21	0.55	0.60	$0.57	8.8%	67	0.58	13

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$9.00	Aug 21	1.50	1.65	$1.58	9.5%	1	0.74	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 10 found (avg $0.56, cheapest $0.28)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$8.50	Aug 21	0.25	0.30	$0.28	17.9%	91	0.32	34
$7.50	Jul 31	0.35	0.40	$0.38	13.2%	24	0.62	832
$7.50	Aug 7	0.45	0.50	$0.48	10.4%	128	0.58	852
$7.50	Aug 14	0.50	0.60	$0.55	18.2%	123	0.58	429
$7.50	Aug 21	0.55	0.60	$0.57	8.8%	67	0.58	13

PUTS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$7.50	Aug 7	0.30	0.35	$0.32	15.6%	51	0.42	343
$8.00	Jul 31	0.50	0.60	$0.55	18.2%	14	0.66	427
$8.00	Aug 7	0.60	0.70	$0.65	15.4%	12	0.60	--

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 26 found (avg delta 0.75, highest 0.94)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$6.50	Jul 31	0.80	1.50	$1.15	60.9%	6	0.94	43
$6.50	Jul 24	0.80	1.70	$1.25	72.0%	2	0.94	--
$7.00	Jul 24	0.60	0.85	$0.73	34.2%	5	0.91	227
$6.50	Aug 7	0.80	1.75	$1.27	74.8%	2	0.88	--
$7.00	Jul 31	0.60	0.90	$0.75	40.0%	26	0.86	318

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$9.00	Jul 24	1.05	1.80	$1.43	52.4%	1	0.93	43
$8.50	Jul 24	0.50	1.00	$0.75	66.7%	9	0.92	124
$9.00	Jul 31	1.20	1.75	$1.48	37.2%	3	0.91	56
$8.50	Jul 31	0.80	1.20	$1.00	40.0%	6	0.84	189
$8.00	Jul 24	0.30	0.50	$0.40	50.0%	241	0.75	54.3K

Most actively traded options today. High liquidity = easy entry/exit. 62 active (total vol 9.5K, top 4.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$9.00	Aug 21	0.20	0.25	$0.23	21.7%	4.2K	0.26	34.4K
$8.00	Jul 24	0.05	0.10	$0.08	62.5%	806	0.26	8.6K
$8.00	Aug 21	0.30	0.45	$0.38	39.5%	609	0.43	43.8K
$8.00	Jul 31	0.15	0.20	$0.18	27.8%	591	0.36	2.6K
$8.50	Jul 31	0.05	0.10	$0.08	62.5%	469	0.18	910

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$8.00	Aug 21	0.55	0.80	$0.68	36.8%	347	0.57	5.8K
$7.50	Jul 24	0.05	0.15	$0.10	100.0%	302	0.35	1.8K
$8.00	Jul 24	0.30	0.50	$0.40	50.0%	241	0.75	54.3K
$7.50	Jul 31	0.15	0.25	$0.20	50.0%	234	0.39	451
$7.00	Aug 21	0.20	0.25	$0.23	21.7%	144	0.27	7.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 50.3%, max 121.1%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$6.50	Jul 24	Aug 21	124.4%	56.9%	118.4%	3	--
$9.00	Jul 24	Aug 28	120.0%	74.4%	61.2%	16	27
$8.50	Jul 24	Aug 28	87.1%	55.1%	58.0%	30	2.3K
$7.00	Jul 24	Aug 28	78.2%	55.0%	42.2%	17	230
$8.00	Jul 24	Aug 28	73.4%	59.7%	23.0%	808	8.6K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$6.50	Jul 24	Aug 28	124.4%	56.3%	121.1%	4	--
$9.00	Jul 24	Aug 21	120.0%	73.0%	64.2%	2	43
$7.00	Jul 24	Aug 28	78.2%	55.0%	42.2%	19	54.8K
$8.50	Jul 24	Aug 21	87.1%	65.0%	34.0%	10	124
$8.00	Jul 24	Aug 21	73.4%	58.5%	25.4%	588	60.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 22 found (best R:R 3.17, avg 1.61)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$8.00	$8.50	Aug 7	$0.12	$0.38	$0.12	3.17	$8.12
$7.50	$8.00	Aug 14	$0.15	$0.35	$0.15	2.33	$7.65
$8.00	$8.50	Aug 14	$0.15	$0.35	$0.15	2.33	$8.15
$7.50	$8.00	Jul 24	$0.17	$0.33	$0.17	1.94	$7.67
$7.50	$8.00	Aug 7	$0.18	$0.32	$0.18	1.78	$7.68

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$7.00	$6.50	Aug 28	$0.12	$0.38	$0.12	3.17	$6.88
$7.00	$6.50	Aug 21	$0.13	$0.37	$0.13	2.85	$6.87
$7.50	$7.00	Jul 31	$0.15	$0.35	$0.15	2.33	$7.35
$7.50	$7.00	Aug 21	$0.17	$0.33	$0.17	1.94	$7.33
$7.50	$7.00	Aug 7	$0.19	$0.31	$0.19	1.63	$7.31

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 28 found (best R:R 4.00, avg 1.27)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$6.50	$7.00	Jul 31	$0.40	$0.40	$0.10	4.00	$6.90
$7.00	$7.50	Jul 31	$0.37	$0.37	$0.13	2.85	$7.37
$6.50	$7.00	Aug 21	$0.37	$0.37	$0.13	2.85	$6.87
$7.00	$7.50	Aug 21	$0.36	$0.36	$0.14	2.57	$7.36
$7.00	$7.50	Aug 7	$0.30	$0.30	$0.20	1.50	$7.30

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$8.50	$8.00	Jul 24	$0.35	$0.35	$0.15	2.33	$8.15
$8.00	$7.50	Jul 31	$0.35	$0.35	$0.15	2.33	$7.65
$8.00	$7.50	Aug 7	$0.33	$0.33	$0.17	1.94	$7.67
$8.00	$7.50	Aug 14	$0.33	$0.33	$0.17	1.94	$7.67
$8.00	$7.50	Jul 24	$0.30	$0.30	$0.20	1.50	$7.70

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 7 found (avg debit $0.12, cheapest $0.05)

CALLS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$8.50	Jul 24	Jul 31	$0.05	87.1%	64.3%
$8.00	Jul 24	Jul 31	$0.10	73.4%	60.9%
$7.50	Jul 24	Jul 31	$0.13	60.4%	55.2%

PUTS (4)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$9.00	Jul 24	Jul 31	$0.05	120.0%	76.4%
$7.50	Jul 24	Jul 31	$0.10	60.4%	55.2%
$8.00	Jul 24	Jul 31	$0.15	73.4%	60.9%
$8.50	Jul 24	Jul 31	$0.25	87.1%	64.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 26 found (cheapest 4.59% of stock, avg 13.65%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$7.50	Jul 24	$0.25	$0.10	$0.35	$7.15	$7.85	4.59%
$8.00	Jul 24	$0.08	$0.40	$0.48	$7.52	$8.48	6.29%
$7.50	Jul 31	$0.38	$0.20	$0.58	$6.92	$8.08	7.60%
$8.00	Jul 31	$0.18	$0.55	$0.73	$7.27	$8.73	9.57%
$7.00	Jul 24	$0.73	$0.03	$0.76	$6.24	$7.76	9.96%
$8.50	Jul 24	$0.03	$0.75	$0.78	$7.72	$9.28	10.22%
$7.00	Jul 31	$0.75	$0.05	$0.80	$6.20	$7.80	10.48%
$7.50	Aug 7	$0.48	$0.32	$0.80	$6.70	$8.30	10.48%
$7.00	Aug 7	$0.78	$0.13	$0.91	$6.09	$7.91	11.93%
$8.00	Aug 7	$0.30	$0.65	$0.95	$7.05	$8.95	12.45%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 54 found (cheapest 0.79% of stock, avg 5.13%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$8.50	$7.00	Jul 24	$0.03	$0.03	$0.06	$6.94	$8.56
$8.50	$6.50	Jul 24	$0.03	$0.03	$0.06	$6.44	$8.56
$9.00	$7.00	Jul 24	$0.03	$0.03	$0.06	$6.94	$9.06
$9.00	$6.50	Jul 24	$0.03	$0.03	$0.06	$6.44	$9.06
$9.00	$6.50	Jul 31	$0.05	$0.03	$0.08	$6.42	$9.08
$9.00	$7.00	Jul 31	$0.05	$0.05	$0.10	$6.90	$9.10
$8.00	$7.00	Jul 24	$0.08	$0.03	$0.11	$6.89	$8.11
$8.00	$6.50	Jul 24	$0.08	$0.03	$0.11	$6.39	$8.11
$8.50	$6.50	Jul 31	$0.08	$0.03	$0.11	$6.39	$8.61
$8.50	$7.50	Jul 24	$0.03	$0.10	$0.13	$7.37	$8.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 4 found (best R:R 2.85, avg credit $0.33)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
7/8	8/8	Aug 14	$0.37	$0.13	2.85	$7.13	$8.37
6/7	8/8	Aug 21	$0.32	$0.18	1.78	$6.68	$7.82
6/7	8/8	Aug 28	$0.32	$0.18	1.78	$6.68	$8.32
7/8	8/8	Aug 7	$0.31	$0.19	1.63	$7.19	$8.31

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 28 found (best R:R 9.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$8.00	$8.50	$9.00	Jul 24	$0.05	$0.45	9.00
$7.50	$8.00	$8.50	Aug 7	$0.06	$0.44	7.33
$8.00	$8.50	$9.00	Jul 31	$0.07	$0.43	6.14
$8.00	$8.50	$9.00	Aug 7	$0.07	$0.43	6.14
$8.00	$8.50	$9.00	Aug 14	$0.08	$0.42	5.25

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$6.50	$7.00	$7.50	Jul 24	$0.07	$0.43	6.14
$7.50	$8.00	$8.50	Jul 31	$0.10	$0.40	4.00
$7.00	$7.50	$8.00	Aug 14	$0.11	$0.39	3.55
$7.00	$7.50	$8.00	Aug 21	$0.11	$0.39	3.55
$6.50	$7.00	$7.50	Jul 31	$0.13	$0.37	2.85

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 30 found (best net $--, 24 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$7.00	$8.00	1:2	Aug 28	$0.00	$1.00
$8.00	$8.50	1:2	Aug 7	-$0.06	$0.44
$8.50	$9.00	1:2	Aug 7	-$0.08	$0.42
$8.00	$8.50	1:2	Aug 14	-$0.10	$0.40
$8.50	$9.00	1:2	Aug 14	-$0.11	$0.39

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$8.50	$8.00	1:2	Jul 24	-$0.05	$0.45
$7.50	$7.00	1:2	Aug 21	-$0.06	$0.44
$9.00	$8.50	1:2	Jul 24	-$0.07	$0.43
$8.00	$7.50	1:2	Aug 14	-$0.07	$0.43
$8.50	$8.00	1:2	Jul 31	-$0.10	$0.40

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 12 found (best yield 4.59%, avg 2.79%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$8.00	Aug 14	$0.35	0.43	4.8%	4.59%	9.44%	134	1.7K
$8.00	Aug 28	$0.35	0.45	4.8%	4.59%	9.44%	2	--
$8.00	Aug 21	$0.30	0.43	4.8%	3.93%	8.78%	609	43.8K
$8.00	Aug 7	$0.25	0.41	4.8%	3.28%	8.13%	56	1.1K
$8.50	Aug 21	$0.25	0.32	11.4%	3.28%	14.68%	91	34
$8.50	Aug 14	$0.20	0.31	11.4%	2.62%	14.02%	12	363
$9.00	Aug 21	$0.20	0.26	18.0%	2.62%	20.58%	4.2K	34.4K
$8.00	Jul 31	$0.15	0.36	4.8%	1.97%	6.82%	591	2.6K
$8.50	Aug 7	$0.15	0.27	11.4%	1.97%	13.37%	66	919
$9.00	Aug 14	$0.15	0.23	18.0%	1.97%	19.92%	40	417

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Current Put/Call Breakdown

Total Calls 28,183

Total Puts 2,846

Put/Call Ratio 0.10

Net Difference 25,337

Prior's Put/Call Breakdown

Total Calls 18,378

Total Puts 5,036

Put/Call Ratio 0.27

Net Difference 13,342

Prior 7-Day Put/Call Summary

Total Calls 132,542

Total Puts 182,449

Average Put/Call Ratio 1.03

Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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