Hershey (HSY) Options Chain

NYSE: HSYConsumer StaplesSpecialty FoodsUSD

162.74+0.20 (+0.12%)

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

Expiration date

Expiration: Mar 19, 2027
Days to expiration: 159
Share price: $162.74
Put/call ratio (OI): 0.64
Put/call ratio (volume): 0.46
ATM implied volatility: 28.6%
Expected move: ±$30.71
Open interest (C / P): 2.52K / 1.60K

HSY options summary

The HSY options chain for the March 19, 2027 expiration lists 23 call and 26 put contracts, with 159 days until expiration. Open interest stands at 2,524 calls and 1,604 puts, a put/call ratio of 0.64, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $165.00 strike is 28.6%, which implies the market expects a move of about ±$30.71 (18.9%) in Hershey stock by expiration.

The most open interest sits at the $200.00 call (1.28K contracts) and the $190.00 put (408 contracts).

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

HSY options chain · March 19, 2027

HSY 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
—	—	—	—	—	—	95.00	0.00	0.95	0.44	50.8%	8	11
—	—	—	—	—	—	100.00	0.00	0.00	0.50	12.5%	1	0
—	—	—	—	—	—	105.00	0.00	2.40	0.43	53.8%	6	8
—	—	—	—	—	—	110.00	0.00	2.85	1.70	51.9%	1	3
—	—	—	—	—	—	115.00	0.00	1.80	0.67	41.4%	1	6
—	—	—	—	—	—	120.00	0.55	1.70	1.10	36.8%	4	24
—	—	—	—	—	—	125.00	0.95	1.90	1.70	34.1%	3	19
—	—	—	—	—	—	130.00	1.55	2.35	2.15	32.4%	1	19
—	—	—	—	—	—	135.00	2.20	3.10	3.50	31.5%	1	19
1	—	34.3%	25.90	25.00	27.90	140.00	3.00	4.10	3.95	30.9%	16	48
6	1	33.2%	23.05	21.40	24.10	145.00	4.20	5.40	6.50	30.4%	2	16
50	48	30.4%	18.15	18.10	19.90	150.00	5.70	6.90	6.90	29.8%	2	24
39	38	30.1%	15.10	15.00	16.80	155.00	7.60	8.70	7.80	29.2%	1	49
31	1	30.1%	12.50	12.00	14.20	160.00	9.40	10.90	10.15	28.8%	1	68
HSY $162.74
535	1	28.8%	10.00	9.80	11.30	165.00	11.90	13.40	13.65	28.4%	1	316
36	8	28.1%	8.10	7.60	9.00	170.00	14.70	16.90	12.75	29.6%	1	62
22	1	27.1%	6.60	6.00	6.90	175.00	18.00	20.00	20.70	29.2%	1	93
37	1	27.2%	4.90	4.60	5.50	180.00	21.40	23.10	22.70	28.1%	4	93
96	1	27.4%	4.30	3.50	4.40	185.00	25.10	27.70	27.60	30.3%	1	280
32	2	27.6%	3.10	2.00	3.50	190.00	29.00	31.50	31.75	29.8%	2	408
43	3	27.5%	2.20	1.35	2.70	195.00	0.00	0.00	25.40	—	5	0
1,283	3	28.1%	1.80	1.45	2.25	200.00	37.80	39.80	33.00	29.3%	1	7
69	1	29.0%	0.90	0.55	1.50	210.00	46.80	50.30	51.10	35.6%	1	15
66	2	30.1%	0.60	0.30	1.05	220.00	56.40	60.00	60.60	38.5%	3	16
70	1	40.9%	0.61	0.00	2.45	230.00	0.00	0.00	44.70	—	3	0
46	4	43.6%	0.25	0.00	2.30	240.00	64.80	69.00	61.80	—	—	0
22	13	46.5%	0.35	0.00	2.25	250.00	—	—	—	—	—	—
24	16	39.3%	0.25	0.00	0.75	260.00	—	—	—	—	—	—
15	1	47.4%	1.15	0.15	1.45	270.00	—	—	—	—	—	—
0	1	12.5%	1.45	0.00	0.00	280.00	—	—	—	—	—	—
0	6	12.5%	4.80	0.00	0.00	290.00	—	—	—	—	—	—
1	1	62.1%	1.00	0.00	2.30	350.00	—	—	—	—	—	—

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 HSY put/call ratio?

For the March 19, 2027 expiration, the HSY put/call ratio based on open interest is 0.64 (1,604 puts vs 2,524 calls), and 0.46 based on today's volume. A ratio above 1 means more puts than calls.

What is HSY's implied volatility?

At-the-money implied volatility for HSY options expiring March 19, 2027 is about 28.6%, an annualized estimate of how much the market expects Hershey stock to move.

How many HSY option expiration dates are there?

HSY has 15 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.