Six Flags Stock Options

FUN Stock  USD 22.98  0.40  1.77%   
Six Flags' latest option contracts expiring on January 16th 2026 are carrying combined implied volatility of 0.68 with a put-to-call open interest ratio of 0.14 over 51 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on January 16th 2026. The total put volume is at 368, with calls trading at the volume of 1.7 K. This yields a 0.22 put-to-call volume ratio.

Open Interest Against January 16th 2026 Option Contracts

The chart above shows Six Flags' distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Six Flags' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Six Flags' option, there is no secondary market available for investors to trade.

Six Flags Maximum Pain Price Across 2026-01-16 Option Contracts

Max pain occurs when Six Flags' market makers reach a net positive position across all Six Flags' options at a strike price where option holders stand to lose the most money. By contrast, Six Flags' option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Six Flags

Analyzing Six Flags' in-the-money options over time can help investors to take a profitable long position in Six Flags regardless of its overall volatility. This is especially true when Six Flags' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Six Flags' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Six Flags' stock while costing only a fraction of its price.
Please note that buying 'in-the-money' options on Six Flags lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Six Flags' value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Six Flags contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Six Stock moves the wrong way.

Six Flags Entertainment In The Money Call Balance

When Six Flags' strike price is surpassing the current stock price, the option contract against Six Flags Entertainment stock is said to be in the money. When it comes to buying Six Flags' options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Six Flags Entertainment are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Six Current Options Market Mood

Six Flags' open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Six Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Six Flags' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Six Flags' option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Six contract

Base on the Rule 16, the options market is currently suggesting that Six Flags Entertainment will have an average daily up or down price movement of about 0.0425% per day over the life of the 2026-01-16 option contract. With Six Flags trading at USD 22.98, that is roughly USD 0.009767. If you think that the market is fully incorporating Six Flags' daily price movement you should consider buying Six Flags Entertainment options at the current volatility level of 0.68%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Six Flags options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Six calls. Remember, the seller must deliver Six Flags Entertainment stock to the call owner when a call is exercised.

Six Flags Option Chain

When Six Flags' strike price is surpassing the current stock price, the option contract against Six Flags Entertainment stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Six Flags' option chain is a display of a range of information that helps investors for ways to trade options on Six. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Six. It also shows strike prices and maturity days for a Six Flags against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
FUN260116C000600003460.00.0 - 0.350.1Out
Call
FUN260116C000550001555.00.0 - 0.750.15Out
Call
FUN260116C000500006150.00.05 - 0.350.2Out
Call
FUN260116C00045000106345.00.1 - 0.40.2Out
Call
FUN260116C00040000117440.00.0 - 0.750.3Out
Call
FUN260116C00035000179535.00.45 - 0.70.56Out
Call
FUN260116C00030000821730.01.0 - 1.31.14Out
Call
FUN260116C00025000194925.02.25 - 2.552.35Out
Call
FUN260116C0002250020822.53.0 - 3.73.5In
Call
FUN260116C00020000102820.03.8 - 5.98.02In
Call
FUN260116C00017500617.55.3 - 6.85.8In
Call
FUN260116C00015000115.07.2 - 8.86.7In
Call
FUN260116C00012500212.59.4 - 11.113.0In
Call
FUN260116C000375001037.50.0 - 1.51.5Out
Call
FUN260116C0003250011832.50.0 - 1.81.8In
Call
FUN260116C000275004427.50.0 - 4.84.8In
Call
FUN1260116C00040000141440.00.85 - 1.41.4Out
Call
FUN1260116C000375001037.50.0 - 4.74.7Out
Call
FUN1260116C000350007635.00.0 - 5.05.0Out
Call
FUN1260116C0003250011832.50.5 - 5.50.5Out
Call
FUN1260116C0003000014230.01.5 - 6.21.5Out
Call
FUN1260116C000275004327.52.5 - 7.52.5Out
Call
FUN1260116C000250002725.04.0 - 8.54.0Out
Call
FUN1260116C00022500422.55.5 - 10.05.5Out
Call
FUN1260116C00020000520.07.0 - 12.07.0Out
 Put
FUN260116P00060000060.035.0 - 39.135.0In
 Put
FUN260116P00055000055.030.0 - 34.124.55In
 Put
FUN260116P00050000150.025.7 - 29.024.48In
 Put
FUN260116P00045000045.021.2 - 23.921.2In
 Put
FUN260116P0004000036340.016.5 - 18.917.9In
 Put
FUN260116P000350002535.011.9 - 12.813.05In
 Put
FUN260116P0003000037530.07.6 - 9.18.0In
 Put
FUN260116P0002500032925.03.4 - 4.54.35In
 Put
FUN260116P0002250068922.52.3 - 3.12.75Out
 Put
FUN260116P0002000033020.01.45 - 1.751.7Out
 Put
FUN260116P0001750019817.50.7 - 1.250.85Out
 Put
FUN260116P000150005715.00.05 - 0.750.17Out
 Put
FUN260116P00012500412.50.0 - 2.250.23Out
 Put
FUN260116P00037500437.515.3 - 18.515.3In
 Put
FUN260116P00027500127.56.3 - 9.06.3Out
 Put
FUN1260116P00040000140.010.0 - 15.010.0Out
 Put
FUN1260116P00037500537.58.0 - 13.08.0Out
 Put
FUN1260116P000350002035.06.2 - 9.26.2Out
 Put
FUN1260116P000300001030.02.8 - 5.72.8Out
 Put
FUN1260116P00027500127.51.15 - 4.41.15Out
 Put
FUN1260116P00025000225.02.5 - 3.32.5Out
 Put
FUN1260116P00022500722.50.0 - 5.05.0Out
 Put
FUN1260116P00020000220.00.0 - 4.44.4Out
 Put
FUN1260116P00017500917.50.0 - 3.93.9Out
 Put
FUN1260116P00015000415.00.0 - 3.53.5Out
 Put
FUN1260116P00012500112.50.0 - 3.33.3Out

Six Flags Market Cap Over Time

   Market Cap   
       Timeline  

Six Total Stockholder Equity

Total Stockholder Equity

2.14 Billion

At this time, Six Flags' Total Stockholder Equity is very stable compared to the past year.

Six Flags Corporate Directors

Lauri ShanahanIndependent Director of Cedar Fair Management, Inc.Profile
Debra SmithartOglesbyLead Independent Director of Cedar Fair Management, Inc.Profile
Daniel HanrahanIndependent Director of Cedar Fair Management, Inc.Profile
Carlos RuisanchezIndependent Director of Cedar Fair Management, Inc.Profile
When determining whether Six Flags Entertainment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Six Flags' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Six Flags Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Six Flags Entertainment Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Six Flags Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Six Flags. If investors know Six will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Six Flags listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.74)
Earnings Share
(4.86)
Revenue Per Share
31.654
Quarterly Revenue Growth
0.628
Return On Assets
0.0308
The market value of Six Flags Entertainment is measured differently than its book value, which is the value of Six that is recorded on the company's balance sheet. Investors also form their own opinion of Six Flags' value that differs from its market value or its book value, called intrinsic value, which is Six Flags' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Six Flags' market value can be influenced by many factors that don't directly affect Six Flags' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Six Flags' value and its price as these two are different measures arrived at by different means. Investors typically determine if Six Flags is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Six Flags' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.