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Five Below, Inc. (FIVE)

Overview · Option chain · Volatility · Expected-move history · Earnings

Price (delayed) 243.08 -0.82%
Expected moveThe size of the up-or-down move the options market is pricing for a stock by a given date, read from option prices (the at-the-money straddle). It is a market-implied estimate, not a forecast. · Sep 18 ±11.4%
Expected range 228.10286.90
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.52.2%
IV percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history). 84/universe
P/C volumePut volume (or open interest) divided by call volume (or open interest). A descriptive activity measure — it does not by itself say what traders expect.0.91
P/C open interest1.06

Cboe delayed options data · as of Sep 02, 21:50 UTC · Figures derived from the full chain (470 contracts, 6 expirations) · IV own-history percentile appears after 60 recorded days (3 so far)

Expected move — Sep 18, 2026 (16 days)

Methodology →

Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.

228.1286.9257.5 current

Options are pricing a move of about ±11.4% (range 228.10–286.90) by Sep 18, 2026. ATM straddle: 29.40 @ strike 260 · ATM IV: 62.3%.

Probability distribution

Model & assumptions →

The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.

257.5228.1286.9
expected-move bandmodel density
Levelvs priceP(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction.P(below)
231.75 -10% 77.1% 22.9%
244.62 -5% 62.9% 37.1%
257.50 +0% 47.4% 52.6%
270.38 +5% 33.0% 67.0%
283.25 +10% 21.3% 78.7%

Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.

Probability explorer

Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.

P(finish above)
P(finish below)
P(touch, approx.)

Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions

ExpiresDTEDays to expiration, in calendar days.Implied moveATM IVOpen int.
Sep 18, 2026 16 ±11.4% 62.3% 5,597
Oct 16, 2026 44 ±13.9% 47.9% 784
Nov 20, 2026 79 ±16.8% 44.7% 918
Jan 15, 2027 135 ±21.7% 45.0% 5,178
Feb 19, 2027 170 ±23.6% 44.0% 202

Open interest by strike — Sep 18

Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.

195.0210.0230.0250.0270.0290.0310.0257.5
callsputs

Largest open-interest concentrations (all expirations ≤ 60 days): 340 C · 1,125260 C · 739200 P · 546300 C · 364250 C · 304

IV term structure

Volatility page →

At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.

41%50%58%66%16d170d

When does open interest expire?

44%This month56%Later

Implied vs realized volatility

44.9%47.5%50.1%52.7%Aug 31Sep 02
IV30HV20

HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method

Price, last 60 sessions

Track record

Full history →

Every trading day we record what the options market is pricing for each expiration — before the outcome is known. Once expirations start resolving, this section compares expected versus actual, and the record is never rewritten. Recording since Aug 31, 2026.

Past earnings reactions

Aug 24-5.2%Dec 24+12.4%Mar 25+3.0%Jun 25+4.8%Aug 25+5.7%Dec 25+6.0%Mar 26+9.9%Jun 26-12.8%
implied (when recorded)actual reaction

Avg |reaction| 7.4% · median 5.8% (20 reports) — two-session close-to-close window; definition

About Five Below, Inc.

Five Below, Inc. operates as a prominent specialty discount retailer primarily serving the United States market. The company's diverse inventory spans a wide array of personal accessories, from fashionable novelty socks, sunglasses, and jewelry to scarves, gloves, hair accessories, and athletic apparel like tops, bottoms, and t-shirts. Shoppers can also find a comprehensive selection of beauty products, including nail polish, lip gloss, fragrances, and various branded cosmetics. For home and personal spaces, Five Below provides an assortment of items such as lamps, posters, picture frames, cozy fleece blankets, plush toys, pillows, candles, incense, and diverse lighting and novelty décor. This section also includes accent furniture and practical storage solutions. Athletic and recreational interests are covered with sports balls, team merchandise, and fitness essentials like hand weights, jump ropes, and gym balls. The store also boasts a variety of games, from classic board games and puzzles to collectibles and remote-control toys, alongside seasonal outdoor and water-based fun items for pools and beaches. Furthermore, the company caters to technology enthusiasts with accessories

Consumer Cyclical · Specialty Retail · NASDAQ · Profile: Financial Modeling Prep

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AAPL · Apple Inc.ADBE · Adobe Inc.AI · C3.ai, Inc.AMAT · Applied Materials, Inc.AMD · Advanced Micro Device…APP · AppLovin CorporationARM · Arm Holdings plc Amer…ASML · ASML Holding N.V.

Financial Services

AFRM · Affirm Holdings, Inc.ALL · The Allstate CorporationALLY · Ally Financial Inc.AXP · American Express CompanyBAC · Bank of America CorporationBLK · BlackRock, Inc.BX · Blackstone Inc.C · Citigroup Inc.

Industrials

AAL · American Airlines Gro…BA · The Boeing CompanyCAT · Caterpillar Inc.CMI · Cummins Inc.DAL · Delta Air Lines, Inc.DE · Deere & CompanyEMR · Emerson Electric Co.ETN · Eaton Corporation plc

Energy

BKR · Baker Hughes CompanyCCJ · Cameco CorporationCOP · ConocoPhillipsCVX · Chevron CorporationDVN · Devon Energy CorporationENPH · Enphase Energy, Inc.EOG · EOG Resources, Inc.ET · Energy Transfer LP