344 calls and 439 puts traded on Nov 4, 2026, 783 contracts in total. Open interest was 14.1K contracts. Over the past 30 days, volume averaged 479 contracts per day. The FIVE option volume chart shows volume by strike and expiration date.

Five Below IV rank is 6, so its 30-day implied volatility of 45.1% is near the bottom of its one-year range. Over the past year it ranged from 36.4% on Jul 2, 2026 to 176.5% on Jul 17, 2026. See the FIVE implied volatility history for a longer view.

The Five Below put/call volume ratio was 1.28 on Nov 4, 2026, so puts outnumber calls. The put/call open interest ratio was 1.46. The FIVE open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Five Below options about one week from expiration was $220.28, 12.5% below the $251.84 close. The FIVE max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 41.3%, options price a move of about ±$14.41 (±5.7%) over the next week, a range of roughly $237.43 to $266.25 from the Nov 4, 2026 close. The FIVE expected move chart shows it for every expiration date.