Hawaiian Electric Industries (HE) Options Chain

NYSE: HEUtilitiesElectric Utilities: CentralUSD

8.76-0.06 (-0.68%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Mar 19, 2027
Days to expiration: 159
Share price: $8.76
Put/call ratio (OI): 0.39
Put/call ratio (volume): 0.06
ATM implied volatility: 43.1%
Expected move: ±$2.49
Open interest (C / P): 755 / 292

HE options summary

The HE options chain for the March 19, 2027 expiration lists 8 call and 4 put contracts, with 159 days until expiration. Open interest stands at 755 calls and 292 puts, a put/call ratio of 0.39, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $10.00 strike is 43.1%, which implies the market expects a move of about ±$2.49 (28.4%) in Hawaiian Electric Industries stock by expiration.

The most open interest sits at the $12.50 call (369 contracts) and the $10.00 put (171 contracts).

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

HE options chain · March 19, 2027

HE 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	—	78.3%	4.89	3.60	4.40	5.00	—	—	—	—	—	—
26	2	62.3%	1.80	1.55	2.05	7.50	0.20	0.40	0.33	41.8%	10	89
HE $8.76
113	16	45.1%	0.55	0.50	0.60	10.00	1.50	1.75	1.60	41.0%	2	171
369	1	46.7%	0.17	0.05	0.20	12.50	3.30	4.10	2.30	56.8%	1	32
37	1	57.2%	0.11	0.00	0.30	15.00	5.80	6.60	4.00	72.8%	1	0
5	4	65.6%	0.05	0.00	0.25	17.50	—	—	—	—	—	—
3	1	74.6%	0.10	0.00	0.25	20.00	—	—	—	—	—	—
201	200	88.7%	0.05	0.00	0.25	25.00	—	—	—	—	—	—

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 HE put/call ratio?

For the March 19, 2027 expiration, the HE put/call ratio based on open interest is 0.39 (292 puts vs 755 calls), and 0.06 based on today's volume. A ratio above 1 means more puts than calls.

What is HE's implied volatility?

At-the-money implied volatility for HE options expiring March 19, 2027 is about 43.1%, an annualized estimate of how much the market expects Hawaiian Electric Industries stock to move.

How many HE option expiration dates are there?

HE has 7 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

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.