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: Dec 18, 2026
Days to expiration: 68
Share price: $19.19
Put/call ratio (OI): 0.59
Put/call ratio (volume): 0.95
ATM implied volatility: 29.4%
Expected move: ±$2.43
Open interest (C / P): 6.71K / 3.99K

HRL options summary

The HRL options chain for the December 18, 2026 expiration lists 20 call and 17 put contracts, with 68 days until expiration. Open interest stands at 6,715 calls and 3,990 puts, a put/call ratio of 0.59, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $19.00 strike is 29.4%, which implies the market expects a move of about ±$2.43 (12.7%) in Hormel Foods stock by expiration.

The most open interest sits at the $23.00 call (934 contracts) and the $21.00 put (1.25K contracts).

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

HRL options chain · December 18, 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
—	—	—	—	—	—	13.00	0.00	0.00	0.17	25.0%	1	0
0	—	—	7.12	0.00	0.00	14.00	0.00	0.00	0.30	25.0%	2	0
—	—	—	—	—	—	15.00	0.00	0.10	0.07	39.6%	50	53
—	—	—	4.00	—	—	16.00	0.00	0.15	0.12	35.0%	5	53
—	—	—	—	—	—	17.00	0.00	0.40	0.17	37.9%	10	61
4	1	34.3%	1.67	1.30	1.80	18.00	0.20	0.50	0.45	30.5%	26	484
66	11	28.8%	0.92	0.85	1.05	19.00	0.75	0.90	0.76	30.0%	1	787
HRL $19.19
287	35	26.4%	0.55	0.40	0.55	20.00	0.85	1.50	1.20	30.8%	10	681
434	26	27.1%	0.26	0.20	0.30	21.00	2.05	2.30	2.22	33.9%	13	1,254
676	1	29.8%	0.17	0.10	0.20	22.00	2.10	3.60	3.08	52.5%	1	151
934	4	29.8%	0.10	0.05	0.10	23.00	3.30	4.30	3.85	49.0%	1	262
716	1	34.8%	0.08	0.05	0.10	24.00	2.95	7.10	4.34	115.7%	2	52
467	2	39.5%	0.10	0.05	0.10	25.00	3.90	8.10	5.61	122.8%	31	101
934	11	38.3%	0.07	0.00	0.05	26.00	4.90	9.10	4.90	50.8%	33	31
427	10	42.2%	0.03	0.00	0.05	27.00	5.90	10.10	6.10	55.3%	1	1
531	1	45.7%	0.04	0.00	0.05	28.00	3.70	4.90	3.95	—	1	0
426	51	48.8%	0.02	0.00	0.05	29.00	—	—	—	—	—	—
753	18	52.3%	0.05	0.00	0.10	30.00	8.90	13.10	7.97	67.2%	21	19
39	1	50.0%	0.06	0.00	0.05	31.00	—	—	—	—	—	—
0	20	25.0%	0.14	0.00	0.00	32.00	—	—	—	—	—	—
20	16	55.5%	0.07	0.00	0.05	33.00	—	—	—	—	—	—
0	10	25.0%	0.10	0.00	0.00	34.00	—	—	—	—	—	—
1	—	108.4%	0.08	0.00	1.15	35.00	—	—	—	—	—	—

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 HRL put/call ratio?

For the December 18, 2026 expiration, the HRL put/call ratio based on open interest is 0.59 (3,990 puts vs 6,715 calls), and 0.95 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 December 18, 2026 is about 29.4%, 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.