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: Mar 19, 2027
Days to expiration: 159
Share price: $19.19
Put/call ratio (OI): 0.43
Put/call ratio (volume): 0.45
ATM implied volatility: 28.7%
Expected move: ±$3.64
Open interest (C / P): 3.23K / 1.38K

HRL options summary

The HRL options chain for the March 19, 2027 expiration lists 20 call and 14 put contracts, with 159 days until expiration. Open interest stands at 3,234 calls and 1,378 puts, a put/call ratio of 0.43, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $19.00 strike is 28.7%, which implies the market expects a move of about ±$3.64 (19.0%) in Hormel Foods stock by expiration.

The most open interest sits at the $21.00 call (841 contracts) and the $20.00 put (315 contracts).

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

HRL options chain · March 19, 2027

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
609	6	55.0%	4.26	3.10	5.10	15.00	0.00	0.30	0.20	35.5%	1	25
3	3	61.3%	4.13	2.25	4.70	16.00	0.25	0.60	0.32	37.9%	1	4
116	6	56.1%	3.07	2.05	3.90	17.00	0.25	0.80	0.45	35.1%	1	88
23	10	40.8%	2.40	1.50	2.65	18.00	0.75	0.95	0.66	30.0%	2	168
24	7	27.8%	1.37	1.35	1.50	19.00	1.25	1.40	1.32	29.7%	50	84
HRL $19.19
377	28	27.4%	1.01	0.90	1.05	20.00	1.85	1.95	1.85	29.3%	1	315
841	136	26.9%	0.62	0.25	0.70	21.00	1.80	2.75	2.22	32.0%	2	219
648	5	27.8%	0.45	0.30	0.50	22.00	2.50	4.00	2.95	43.1%	2	98
48	3	36.2%	0.30	0.00	0.65	23.00	3.00	5.40	4.00	56.7%	24	309
196	4	36.6%	0.25	0.00	0.50	24.00	3.90	6.50	4.96	63.8%	20	29
96	16	32.6%	0.16	0.00	0.25	25.00	4.80	7.50	5.45	68.4%	5	24
32	14	47.0%	0.12	0.05	0.60	26.00	5.00	8.40	6.78	70.4%	3	6
46	2	59.6%	0.15	0.00	0.95	27.00	5.90	10.10	6.73	89.1%	3	8
138	1	37.0%	0.15	0.05	0.15	28.00	—	—	—	—	—	—
10	3	44.4%	0.10	0.00	0.25	29.00	—	—	—	—	—	—
15	5	59.6%	0.06	0.00	0.60	30.00	—	—	—	—	—	—
4	3	58.2%	0.22	0.00	0.95	31.00	—	—	—	—	—	—
2	2	49.2%	0.20	0.00	0.20	32.00	—	—	—	—	—	—
4	2	64.0%	0.23	0.00	1.00	33.00	—	—	—	—	—	—
2	—	55.5%	0.38	0.00	0.20	35.00	13.90	18.10	14.00	55.0%	1	1

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 March 19, 2027 expiration, the HRL put/call ratio based on open interest is 0.43 (1,378 puts vs 3,234 calls), and 0.45 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 March 19, 2027 is about 28.7%, 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.