HMY Options Chain Analysis

As of previous close (2026-09-02) · OPRA historical data

Spot $19.24 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.43

19k P / 44k C

Put/Call (Volume)

0.23

77 P / 335 C that session

30d ATM IV

45%

annualized implied move

Call wall

$25

14k contracts

Put wall

$17

3k contracts

Tail hedging

0.3×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.43 puts per call outstanding.
●Call wall at $25 (14k contracts), 30% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $17 (3k contracts), 12% below spot — the hedge floor; often acts as support.
●Deep-OTM call OI is 3.7× deep-OTM put OI — speculative upside positioning dominates the tails.

Open interest by strike

All expiries combined. Amber lines mark the call and put walls; the dashed line is spot.

IV term structure

At-the-money implied volatility per expiry.

Volatility smile

IV by strike — expiry 2026-09-18. A steep left side = expensive downside protection.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-16	170	1k	6.16	30
2026-11-20	3k	5k	1.85	40
2027-01-15	26k	7k	0.26	194
2027-02-19	498	295	0.59	1
2027-03-19	1k	177	0.13	1
2027-09-17	1k	59	0.05	0
2028-01-21	3k	4k	1.11	15

Source: Cboe end-of-session option chains, summarized after each US market close and published from the following trading day — OPRA historical data. Under the OPRA plan options data becomes historical, and freely publishable, at the opening of the next trading session; data from the session in progress is never displayed or served here. Open interest is exchange-reported once a day. Research, not investment advice.