Hormel Foods (HRL) Options Chain

NYSE: HRLConsumer StaplesMeat/Poultry/FishUSD

19.19-0.23 (-1.18%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $19.19
Put/call ratio (OI): 0.83
Put/call ratio (volume): 0.61
ATM implied volatility: 27.1%
Expected move: ±$1.72
Open interest (C / P): 598 / 497

HRL options summary

The HRL options chain for the November 20, 2026 expiration lists 6 call and 8 put contracts, with 40 days until expiration. Open interest stands at 598 calls and 497 puts, a put/call ratio of 0.83, which is fairly balanced between calls and puts. At-the-money implied volatility near the $19.00 strike is 27.1%, which implies the market expects a move of about ±$1.72 (9.0%) in Hormel Foods stock by expiration.

The most open interest sits at the $22.00 call (252 contracts) and the $20.00 put (145 contracts).

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

HRL options chain · November 20, 2026

HRL 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
—	—	—	—	—	—	17.00	0.00	0.20	0.06	37.3%	1	14
—	—	—	—	—	—	18.00	0.20	0.30	0.22	30.2%	105	103
—	—	—	1.35	—	—	19.00	0.55	0.60	0.52	27.1%	5	143
HRL $19.19
48	187	30.2%	0.25	0.15	0.45	20.00	1.15	1.40	1.18	35.9%	48	145
177	9	26.9%	0.08	0.05	0.15	21.00	1.35	2.25	1.79	41.8%	20	78
252	6	31.4%	0.05	0.00	0.10	22.00	2.10	3.30	2.40	54.4%	4	9
116	101	38.7%	0.07	0.00	0.10	23.00	2.90	5.00	4.20	95.5%	1	3
5	1	39.1%	0.01	0.00	0.05	24.00	2.95	7.10	4.65	55.0%	1	2

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 HRL put/call ratio?

For the November 20, 2026 expiration, the HRL put/call ratio based on open interest is 0.83 (497 puts vs 598 calls), and 0.61 based on today's volume. A ratio above 1 means more puts than calls.

What is HRL's implied volatility?

At-the-money implied volatility for HRL options expiring November 20, 2026 is about 27.1%, an annualized estimate of how much the market expects Hormel Foods stock to move.

How many HRL option expiration dates are there?

HRL has 11 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.