WEN Moves

The Wendy's Company WEN 8.15 0.21 2.64%

Previous-day view · Fri Nov 6 close. You are previewing the previous trading day. Subscribe to see today live and every other date — Trader is $59/mo. Sign up Sign in

Expected move

November 06, 2026 close · $8.15

Horizon	Expected move	Typical range	2 in 3 closes	9 in 10 closes
Next session	±2.0% ±$0.16	$7.99 – $8.31	$7.95 – $8.35	$7.80 – $8.50
2 sessions	±2.8% ±$0.23	$7.92 – $8.38	$7.87 – $8.43	$7.66 – $8.64
3 sessions	±3.5% ±$0.29	$7.86 – $8.44	$7.81 – $8.49	$7.54 – $8.76
1 week	±4.5% ±$0.36	$7.79 – $8.51	$7.70 – $8.60	$7.37 – $8.93
2 weeks	±6.3% ±$0.51	$7.64 – $8.66	$7.52 – $8.78	$7.06 – $9.24

Size, not direction. The 68% and 90% bands held 66–68% and 89–90% of closes in held-out years 2019–2026. Draw the cone on the chart →

Volatility premium

Beta

The forecast is for the current session, which this plan does not open.

Earnings: priced against what happened

Average implied move

±7.75%

Average actual move

3.55%

Beyond the implied move

0 / 4

Median IV change

-38.20%

Reaction session	Implied	Actual	Used	ATM IV before → after
August 07, 2026	±9.81%	+4.06%	0.41×	—
May 08, 2026	±6.83%	+5.04%	0.74×	—
August 08, 2025	±8.03%	+1.31%	0.16×	67.5% → 41.7%
February 13, 2025	±6.33%	+3.80%	0.60×	—

Reconstructed from archived mid quotes; the straddle covers its expiration, not only the reaction session. These are not option returns. Method and missing reports →