Herbalife (HLF) Options Chain

NYSE: HLFHealth CareOther PharmaceuticalsUSD

13.03+0.21 (+1.64%)

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

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 467
Share price: $13.03
Put/call ratio (OI): 0.45
Put/call ratio (volume): 0.30
ATM implied volatility: 69.5%
Expected move: ±$10.25
Open interest (C / P): 2.09K / 939

HLF options summary

The HLF options chain for the January 21, 2028 expiration lists 16 call and 15 put contracts, with 467 days until expiration. Open interest stands at 2,088 calls and 939 puts, a put/call ratio of 0.45, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $12.50 strike is 69.5%, which implies the market expects a move of about ±$10.25 (78.6%) in Herbalife stock by expiration.

The most open interest sits at the $7.50 call (471 contracts) and the $7.50 put (515 contracts).

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

HLF options chain · January 21, 2028

HLF 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
458	2	490.6%	9.75	8.00	13.00	2.50	—	—	—	—	—	—
226	130	53.9%	8.80	7.10	9.20	5.00	0.00	0.00	0.53	25.0%	2	0
471	4	77.4%	6.35	5.40	8.30	7.50	0.75	1.20	1.07	66.8%	31	515
106	1	72.3%	5.30	3.90	6.80	10.00	0.60	3.40	2.10	65.2%	4	40
195	2	72.3%	4.00	2.85	5.80	12.50	1.00	6.00	3.95	66.8%	1	11
HLF $13.03
25	14	70.5%	2.90	1.95	4.90	15.00	0.00	0.00	4.80	—	2	0
27	1	73.9%	3.10	0.50	5.50	17.50	0.00	0.00	5.40	—	1	0
213	1	64.8%	1.20	1.60	2.35	20.00	0.00	0.00	7.65	—	—	0
14	6	71.9%	2.80	0.60	3.40	22.50	9.10	12.90	11.26	63.5%	—	0
18	1	86.4%	2.04	0.00	5.00	25.00	10.50	15.50	13.22	59.3%	2	141
16	1	91.4%	2.85	0.00	5.00	27.50	12.50	17.50	15.42	52.2%	2	232
200	39	78.5%	1.57	0.00	3.10	30.00	0.00	0.00	19.04	—	2	0
0	2	25.0%	4.57	0.00	0.00	32.50	0.00	0.00	18.40	—	2	0
0	7	25.0%	2.28	0.00	0.00	35.00	0.00	0.00	22.66	—	2	0
119	1	87.3%	0.49	0.00	2.95	37.50	22.50	27.00	25.80	56.7%	4	0
0	20	25.0%	1.48	0.00	0.00	40.00	25.00	29.50	28.30	59.2%	14	0

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 HLF put/call ratio?

For the January 21, 2028 expiration, the HLF put/call ratio based on open interest is 0.45 (939 puts vs 2,088 calls), and 0.30 based on today's volume. A ratio above 1 means more puts than calls.

What is HLF's implied volatility?

At-the-money implied volatility for HLF options expiring January 21, 2028 is about 69.5%, an annualized estimate of how much the market expects Herbalife stock to move.

How many HLF option expiration dates are there?

HLF has 12 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.