WEN - Options Database

WEN

WENDYS CO A

$6.70 -0.59%

(9/18 19:14) ◀

Monday, September 21, 2026 (7:13pm)

▶

◀ 9/21 19:13

Option Volume

Detail

ℹ

Current (09/21) 9,359

Calls: 7,286 (78%)

Puts: 2,073 (22%)

Prior (09/18) 32,200

Calls: 16,553 (51%)

Puts: 15,647 (49%)

Current vs Prior -70.93%

Calls: -55.98% (Calls)

Puts: -86.75% (Puts)

Prior 7-Day Total 86,645

Calls: 56,284 (65%)

Puts: 30,361 (35%)

Prior 7-Day Average 12,377

Calls: 8,040 (65%)

Puts: 4,337 (35%)

Current vs Prior 7-Day Avg -24.39%

Calls: -9.38%

Puts: -52.21%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/21) $648.4K

Calls: $569.5K (88%)

Puts: $78.9K (12%)

Prior (09/18) $925.8K

Calls: $613.7K (66%)

Puts: $312.1K (34%)

Current vs Prior -29.96%

Calls: -7.20%

Puts: -74.72%

Prior 7-Day Total $4.93M

Calls: $2.39M (48%)

Puts: $2.54M (52%)

Prior 7-Day Average $704.8K

Calls: $341.7K (48%)

Puts: $363.1K (52%)

Current vs Prior 7-Day Avg -8.00%

Calls: +66.67%

Puts: -78.26%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/21) 0.28

Prior (09/18) 0.95

Current vs Prior -69.90%

Prior 7-Day Average 0.58

Current vs Prior 7-Day Avg -50.66%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/21) 210,446

Calls: 188,384 (90%)

Puts: 22,062 (10%)

Prior (09/18) 247,715

Calls: 203,269 (82%)

Puts: 44,446 (18%)

Current vs Prior -15.05%

Prior 7-Day Total 1,496,084

Calls: 1,306,650 (87%)

Puts: 189,434 (13%)

Prior 7-Day Average 213,726

Calls: 186,664 (87%)

Puts: 27,062 (13%)

Current vs Prior 7-Day Avg -1.53%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)

Current 5.37% | 7.61%10.90% | 16.12%

Prior 7.12% | 8.90%4.90% | 11.13%

Current vs Prior -24.55% | -14.49%+122.53% | +44.86%

Prior 7-Day Avg 3.97% | 6.05%4.98% | 11.62%

Current vs 7-Day Avg +35.22% | +25.84%+118.64% | +38.67%

Prior 7-Day Eod 7.12% | 8.90%4.90% | 11.13%

Current vs 7-Day Eod -24.55% | -14.49%+122.53% | +44.86%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 80.56% | 28.18%

Calls: 111.11% | 27.78%

Puts: 50.00% | 28.57%

Prior 80.56% | 28.18%

Calls: 111.11% | 27.78%

Puts: 50.00% | 28.57%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 80.56% | 28.18%

Calls: 111.11% | 27.78%

Puts: 50.00% | 28.57%

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

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 88% of dollar volume in calls ($569.5K) vs puts ($78.9K). Below-average activity with volume down 71% vs prior. Extreme bullish P/C ratio of 0.28 - heavy call buying (7,286 calls vs 2,073 puts). P/C ratio dropping 70% - 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 BEARISH

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

Prior NEUTRAL

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

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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 $0.77, cheapest $0.77)

CALLS (0)

No calls meet the criteria

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$7.50	Sep 25	0.70	0.85	$0.77	19.5%	10	0.90	468

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 26 found (avg delta 0.78, highest 0.96)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$5.50	Sep 25	0.85	1.70	$1.27	66.9%	4	0.92	--
$6.00	Sep 25	0.40	1.05	$0.73	89.0%	20	0.90	24
$6.00	Oct 2	0.65	0.95	$0.80	37.5%	9	0.88	4
$6.00	Oct 9	0.60	0.95	$0.77	45.5%	2	0.85	2
$6.00	Oct 23	0.75	0.95	$0.85	23.5%	2	0.82	6

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$8.00	Oct 2	0.95	1.40	$1.17	38.5%	1	0.96	63
$8.00	Sep 25	1.10	1.40	$1.25	24.0%	3	0.93	--
$7.50	Oct 9	0.70	1.00	$0.85	35.3%	12	0.91	--
$7.50	Sep 25	0.70	0.85	$0.77	19.5%	10	0.90	468
$8.00	Oct 23	1.15	1.55	$1.35	29.6%	9	0.89	--

Most actively traded options today. High liquidity = easy entry/exit. 53 active (total vol 3.9K, top 712)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$8.00	Oct 30	0.05	0.10	$0.08	62.5%	712	0.15	52
$7.00	Oct 23	0.25	0.35	$0.30	33.3%	313	0.43	38
$7.00	Sep 25	0.00	0.10	$0.05	200.0%	282	0.23	543
$7.00	Oct 16	0.15	0.30	$0.22	68.2%	207	0.40	682
$7.00	Oct 2	0.05	0.15	$0.10	100.0%	95	0.32	1.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$6.00	Oct 23	0.05	0.15	$0.10	100.0%	700	0.19	7
$6.50	Sep 25	0.05	0.10	$0.08	62.5%	481	0.29	1.9K
$6.50	Oct 30	0.20	0.40	$0.30	66.7%	88	0.39	74
$7.00	Oct 2	0.30	0.50	$0.40	50.0%	67	0.70	1.1K
$7.00	Oct 16	0.40	0.60	$0.50	40.0%	63	0.61	942

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 18.9%, max 24.0%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$6.50	Sep 25	Oct 30	56.5%	45.5%	24.0%	10	29
$7.00	Sep 25	Oct 30	55.6%	48.8%	13.9%	291	569

PUTS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$6.50	Sep 25	Oct 30	56.5%	45.5%	24.0%	569	1.9K
$7.00	Sep 25	Oct 30	55.6%	48.8%	13.9%	57	1.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 19 found (best R:R 0.82, avg 1.41)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$6.00	$7.00	Oct 23	$0.55	$0.45	$0.55	82%	0.82	$6.55
$6.00	$6.50	Oct 16	$0.32	$0.18	$0.32	81%	0.56	$6.32
$7.00	$7.50	Oct 30	$0.12	$0.38	$0.12	42%	3.17	$7.12
$6.50	$7.00	Oct 30	$0.23	$0.27	$0.23	61%	1.17	$6.73
$6.50	$7.00	Oct 9	$0.25	$0.25	$0.25	68%	1.00	$6.75

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$7.00	$6.50	Sep 25	$0.22	$0.28	$0.22	77%	1.27	$6.78
$6.50	$6.00	Oct 30	$0.12	$0.38	$0.12	39%	3.17	$6.38
$7.00	$6.50	Oct 16	$0.25	$0.25	$0.25	61%	1.00	$6.75
$7.00	$6.50	Oct 2	$0.27	$0.23	$0.27	70%	0.85	$6.73
$6.50	$6.00	Oct 16	$0.15	$0.35	$0.15	38%	2.33	$6.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 6 found (best R:R 0.67, avg 0.42)

BEAR CALL (3)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$7.00	$7.50	Oct 23	$0.20	$0.20	$0.30	57%	0.67	$7.20
$7.00	$7.50	Oct 9	$0.13	$0.13	$0.37	61%	0.35	$7.13
$7.00	$7.50	Oct 30	$0.12	$0.12	$0.38	58%	0.32	$7.12

BULL PUT (3)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$6.50	$6.00	Oct 23	$0.15	$0.15	$0.35	62%	0.43	$6.35
$6.50	$6.00	Oct 16	$0.15	$0.15	$0.35	62%	0.43	$6.35
$6.50	$6.00	Oct 30	$0.12	$0.12	$0.38	61%	0.32	$6.38

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 11 found (cheapest 5.22% of stock, avg 9.46%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$7.00	Sep 25	$0.05	$0.30	$0.35	$6.65	$7.35	5.22%
$6.50	Sep 25	$0.28	$0.08	$0.36	$6.14	$6.86	5.37%
$7.00	Oct 2	$0.10	$0.40	$0.50	$6.50	$7.50	7.46%
$6.50	Oct 2	$0.38	$0.13	$0.51	$5.99	$7.01	7.61%
$6.50	Oct 9	$0.43	$0.15	$0.58	$5.92	$7.08	8.66%
$7.00	Oct 9	$0.18	$0.48	$0.66	$6.34	$7.66	9.85%
$7.00	Oct 16	$0.22	$0.50	$0.72	$6.28	$7.72	10.75%
$6.50	Oct 16	$0.48	$0.25	$0.73	$5.77	$7.23	10.90%
$7.00	Oct 23	$0.30	$0.53	$0.83	$6.17	$7.83	12.39%
$6.50	Oct 30	$0.53	$0.30	$0.83	$5.67	$7.33	12.39%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 27 found (cheapest 1.64% of stock, avg 4.42%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$7.50	$6.50	Sep 25	$0.03	$0.08	$0.11	$6.39	$7.61
$7.00	$6.50	Sep 25	$0.05	$0.08	$0.13	$6.37	$7.13
$8.00	$6.50	Sep 25	$0.03	$0.08	$0.11	$6.39	$8.11
$8.00	$6.00	Oct 23	$0.05	$0.10	$0.15	$5.85	$8.15
$8.00	$6.00	Oct 16	$0.05	$0.10	$0.15	$5.85	$8.15
$7.50	$6.00	Oct 23	$0.10	$0.10	$0.20	$5.80	$7.70
$8.00	$6.50	Oct 2	$0.03	$0.13	$0.16	$6.34	$8.16
$7.50	$6.50	Oct 2	$0.05	$0.13	$0.18	$6.32	$7.68
$7.00	$6.50	Oct 2	$0.10	$0.13	$0.23	$6.27	$7.23
$8.00	$6.50	Oct 9	$0.03	$0.15	$0.18	$6.32	$8.18

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

No iron condor setups found

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 18 found (best R:R 3.55, cheapest $0.06)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$6.00	$6.50	$7.00	Oct 16	$0.06	$0.44	42%	7.33
$6.00	$6.50	$7.00	Oct 9	$0.09	$0.41	46%	4.56
$6.50	$7.00	$7.50	Oct 9	$0.12	$0.38	53%	3.17
$6.00	$6.50	$7.00	Oct 2	$0.14	$0.36	55%	2.57
$6.00	$6.50	$7.00	Sep 25	$0.22	$0.28	67%	1.27

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$6.50	$7.00	$7.50	Oct 2	$0.11	$0.39	56%	3.55
$6.00	$6.50	$7.00	Oct 16	$0.10	$0.40	42%	4.00
$6.00	$6.50	$7.00	Oct 23	$0.13	$0.37	39%	2.85
$6.50	$7.00	$7.50	Sep 25	$0.25	$0.25	61%	1.00
$6.50	$7.00	$7.50	Oct 16	$0.18	$0.32	38%	1.78

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 23 found (best net $-0.09, 10 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$6.00	$6.50	1:2	Oct 9	-$0.09	$0.41
$5.50	$6.00	1:2	Sep 25	-$0.19	$0.31
$6.00	$6.50	1:2	Oct 16	-$0.16	$0.34
$6.50	$7.00	1:2	Oct 30	-$0.07	$0.43
$7.00	$7.50	1:2	Oct 30	-$0.06	$0.44

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$7.50	$7.00	1:2	Oct 16	-$0.07	$0.43
$7.50	$7.00	1:2	Oct 9	-$0.11	$0.39
$8.00	$7.50	1:2	Sep 25	-$0.29	$0.21
$8.00	$7.50	1:2	Oct 2	-$0.39	$0.11
$6.50	$6.00	1:2	Oct 30	-$0.06	$0.44

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 6 found (best yield 3.73%, avg 2.24%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$7.00	Oct 23	$0.25	0.43	4.5%	3.73%	8.21%	313	38
$7.50	Oct 30	$0.15	0.28	11.9%	2.24%	14.18%	11	16
$7.50	Oct 16	$0.10	0.24	11.9%	1.49%	13.43%	46	--
$7.00	Oct 30	$0.15	0.42	4.5%	2.24%	6.72%	9	26
$7.00	Oct 16	$0.15	0.40	4.5%	2.24%	6.72%	207	682
$7.00	Oct 9	$0.10	0.39	4.5%	1.49%	5.97%	27	2.0K

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 7,286

Total Puts 2,073

Put/Call Ratio 0.28

Net Difference 5,213

Prior's Put/Call Breakdown

Total Calls 16,553

Total Puts 15,647

Put/Call Ratio 0.95

Net Difference 906

Prior 7-Day Put/Call Summary

Total Calls 56,284

Total Puts 30,361

Average Put/Call Ratio 0.58

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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