1.18K calls and 1.45K puts traded on Nov 4, 2026, 2.63K contracts in total. Open interest was 40.34K contracts. Over the past 30 days, volume averaged 1.71K contracts per day. The HSY option volume chart shows volume by strike and expiration date.

Hershey IV rank is 37, so its 30-day implied volatility of 25.8% is in the lower part of its one-year range. Over the past year it ranged from 19.2% on Nov 26, 2025 to 37.1% on Mar 30, 2026. See the HSY implied volatility history for a longer view.

The Hershey put/call volume ratio was 1.23 on Nov 4, 2026, so puts outnumber calls. The put/call open interest ratio was 0.82. The HSY open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Hershey options about one week from expiration was $165.71, 5.1% below the $174.53 close. The HSY max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 29.8%, options price a move of about ±$7.21 (±4.1%) over the next week, a range of roughly $167.32 to $181.74 from the Nov 4, 2026 close. The HSY expected move chart shows it for every expiration date.