Shake Shack Inc. (SHAK) Options Statistics & Positioning

Shake Shack Inc. (SHAK) options trade at a 30-day at-the-money implied volatility of 59.6%, an IV rank of 45 out of 100 over the past year. The options market prices a ±$11.00 (±16.5%) move in SHAK for the front expiration. Max pain sits at $70 and the put/call open interest ratio is 1.25. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Oct 9, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$66.70

52-week range

$52.70 – $104.46

ATM IV (30d)

59.6%

IV rank

45 / 100

Moderate

Expected move

±$11.00 (±16.5%)

Put/call OI

1.25

Put-heavy

Max pain

$70

↑ 4.9% above close

Next earnings

Nov 1, 2026

What's SHAK's IV rank right now?Where's the max pain for SHAK?Explain what gamma exposure means for SHAK.

Most Active SHAK Contracts

Contract	Expiration	DTE	Last	IV	Volume
SHAK $67 call	Oct 30, 2026	21d	$3.47	44.9%	118
SHAK $67 call	Nov 6, 2026	28d	$5.28	58.9%	118
SHAK $70 call	Jun 17, 2027	251d	$11.90	56.2%	63
SHAK $55 put	Jan 15, 2027	98d	$2.30	55.4%	50
SHAK $65 put	Nov 20, 2026	42d	$4.35	62.8%	44

See all active SHAK contracts →

Explore SHAK Options Statistics

SHAK Implied Volatility

59.6% ATM IV (30d)

An IV rank of 45 places implied volatility in the middle of its 52-week range.

Full implied volatility analysis →

SHAK Open Interest

1.25 put/call OI ratio

26,409 calls and 32,971 puts outstanding across all expirations.

Full open interest analysis →

SHAK Max Pain

$70 max pain

4.9% above the last close — see how max pain has moved over the past year.

Full max pain analysis →

SHAK Gamma Exposure

$3.9M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

SHAK Options Volume

1,148 contracts traded

Put/call volume ratio 0.75 — plus contracts running far above their usual volume.

Full volume & flow analysis →

SHAK Most Active Options

$67 top volume strike

The 25 most actively traded SHAK contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

SHAK's next expected earnings date is Nov 1, 2026. Options currently price a ±$11.00 (±16.5%) move for the front expiration.

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SHAK Options FAQ

When is SHAK's next earnings date?

SHAK's next expected earnings date is Nov 1, 2026. Options currently price a ±$11.00 (±16.5%) move for the front expiration.

How often is SHAK options data on this page updated?

All SHAK statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see SHAK max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated SHAK pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.