HUTCHMED (China) (HCM) Options Chain

NASDAQ: HCMHealth CareBiotechnology: Pharmaceutical PreparationsUSD

13.67-0.61 (-4.27%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 8
Share price: $13.67
Put/call ratio (OI): 0.50
Put/call ratio (volume): 1.50
ATM implied volatility: 314.3%
Expected move: ±$6.36
Open interest (C / P): 8 / 4

HCM options summary

The HCM options chain for the October 16, 2026 expiration lists 5 call and 2 put contracts, with 8 days until expiration. Open interest stands at 8 calls and 4 puts, a put/call ratio of 0.50, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $12.50 strike is 314.3%, which implies the market expects a move of about ±$6.36 (46.5%) in HUTCHMED (China) stock by expiration.

The most open interest sits at the $12.50 call (4 contracts) and the $15.00 put (3 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

HCM options chain · October 16, 2026

HCM calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
1	—	144.5%	4.28	1.50	6.00	10.00	—	—	—	—	—	—
4	2	234.8%	1.80	0.00	4.90	12.50	0.00	4.90	0.25	393.8%	1	1
HCM $13.67
1	—	367.2%	0.80	0.00	4.90	15.00	0.15	2.95	1.55	81.6%	2	3
1	—	454.1%	0.60	0.00	4.90	17.50	—	—	—	—	—	—
1	—	520.3%	0.56	0.00	4.90	20.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the HCM put/call ratio?

For the October 16, 2026 expiration, the HCM put/call ratio based on open interest is 0.50 (4 puts vs 8 calls), and 1.50 based on today's volume. A ratio above 1 means more puts than calls.

What is HCM's implied volatility?

At-the-money implied volatility for HCM options expiring October 16, 2026 is about 314.3%, an annualized estimate of how much the market expects HUTCHMED (China) stock to move.

How many HCM option expiration dates are there?

HCM has 4 listed expiration dates, from Oct 16, 2026 to May 21, 2027.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.