Wingstop Inc. (WING) Implied Volatility

Wingstop Inc. (WING) options trade at a 30-day at-the-money implied volatility of 61.1%, an IV rank of 7 out of 100 over the past year. This page breaks down WING's implied volatility in plain English: where it sits versus its own history, how it compares with realized movement, and what the term structure and skew are saying.

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

Last close
$121.53
52-week range
$97.96 – $285.39
ATM IV (30d)
61.1%
IV rank
7 / 100
Low
Expected move
±$10.29 (±8.5%)
Put/call OI
0.79
Call-heavy
Max pain
$115
↓ 5.4% below close
Next earnings
Nov 1, 2026

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Implied Volatility & Expected Move

24%99%174%249%324%Jan '26May '26Oct '26

WING 30-day at-the-money implied volatility, past year.

ATM IV — front expiration61.1%
ATM IV — 2 month68.1%
ATM IV — 3 month65.6%
IV rank (1 year)7 / 100
IV percentile (1 year)25%
Expected move (front expiration)±$10.29 (±8.5%)
Historical volatility — 10 day43.4%
Historical volatility — 21 day63.5%
Historical volatility — 30 day60.0%
Historical volatility — 60 day62.0%
IV / HV ratio1.02
Term slope (front − 3M)-4.5 pts
25Δ skew (front)+8.4 pts

An IV rank of 7 places current implied volatility in the lower part of its 52-week range. An IV/HV ratio of 1.02 means implied volatility is roughly in line with recent realized volatility. The term structure is in contango — front-month IV sits below 3-month IV, the typical shape in calm markets.

WING IV Rank History

0285583110Feb '26Jun '26Oct '26

WING IV rank (0–100), past year.

IV rank has risen from 4 in Feb '26 to 7 today. An IV percentile of 25% means implied volatility was lower than today on 25% of trading days in the past year.

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WING Options FAQ

What is the implied volatility of WING options?

WING options trade at a 30-day at-the-money implied volatility of 61.1% as of Oct 9, 2026. That is an IV rank of 7 out of 100, meaning implied volatility is subdued relative to its own 52-week range.

Is WING implied volatility high or low right now?

By its own 52-week standards, WING implied volatility is currently low: IV rank is 7 out of 100 as of Oct 9, 2026. Compared with realized movement, the IV/HV ratio of 1.02 shows options pricing more movement than the stock has recently delivered.

What move do WING options imply before the next expiration?

Front-expiration WING options imply a one-standard-deviation move of ±$10.29 (±8.5%) as of Oct 9, 2026, derived from at-the-money option prices.

What is the difference between WING's IV rank and IV percentile?

IV rank (currently 7) measures where today's implied volatility sits between its 52-week low and high. IV percentile (currently 25%) counts the share of trading days in the past year with lower implied volatility than today. Percentile is less distorted by one-off volatility spikes.

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.