CAKE Option Overview

Cheesecake Factory (CAKE) options traded 635 contracts on Nov 4, 2026, well below the 20-day average of 1.55K, and calls outnumber puts. 30-day implied volatility was 41.7%, near the bottom of its one-year range. Near-term max pain was $110.68, 4.1% below the $115.43 close.

About CAKE

CAKE Options FAQ

How actively are CAKE options traded?

471 calls and 164 puts traded on Nov 4, 2026, 635 contracts in total. Open interest was 26.45K contracts. Over the past 30 days, volume averaged 1.46K contracts per day. The CAKE option volume chart shows volume by strike and expiration date.

Is CAKE implied volatility high right now?

Cheesecake Factory IV rank is 11, so its 30-day implied volatility of 41.7% is near the bottom of its one-year range. Over the past year it ranged from 28.0% on Dec 26, 2025 to 150.4% on Jan 16, 2026. See the CAKE implied volatility history for a longer view.

What is the CAKE put/call ratio?

The Cheesecake Factory put/call volume ratio was 0.35 on Nov 4, 2026, so calls outnumber puts. The put/call open interest ratio was 1.06. The CAKE open interest chart shows calls and puts at each strike.

What is CAKE max pain this week?

As of the Nov 4, 2026 close, max pain for Cheesecake Factory options about one week from expiration was $110.68, 4.1% below the $115.43 close. The CAKE max pain chart shows it for every expiration date.

What is CAKE's expected move over the next week?

Based on 7-day implied volatility of 43.4%, options price a move of about ±$6.94 (±6.0%) over the next week, a range of roughly $108.49 to $122.37 from the Nov 4, 2026 close. The CAKE expected move chart shows it for every expiration date.