ApexVol
Energy Energy Live Data Updated 2026-03-01

HES Options

Hess Corporation Options Chain, Implied Volatility & Greeks

Comprehensive options market data for Hess Corporation (HES). Explore implied volatility patterns, options chain liquidity, gamma exposure levels, and key market metrics.

HES Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 22% - 50%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Very Good
IV Range
22% - 50%
Weeklies
Yes

1 About Hess Corporation (HES)

Hess Corporation (HES) is a oil & gas e&p company listed on NYSE.

Company Profile

Sector Energy
Industry Oil & Gas E&P
Market Cap See live data
Exchange NYSE

Key Dates

Next Earnings See earnings calendar
Earnings Frequency Quarterly
Dividend Schedule See company page
Fiscal Year End December

Hess Corporation is a Oil & Gas E&P) company in the Energy sector.

2 HES Options Market Overview

HES options provide trading opportunities for options traders.

Average Daily Volume N/A
Total Open Interest N/A
Put/Call Ratio N/A
Typical ATM Spread N/A
Weekly Options Available
LEAPS Available Yes

Liquidity Assessment: Very Good

HES options provide trading opportunities across multiple expirations.

3 HES Volatility Profile

HES implied volatility patterns reflect the oil & gas e&p sector dynamics.

Low IV Environment
22% - 29%
Below average volatility
Typical IV Range
29% - 43%
Normal conditions
Elevated IV
43% - 50%
Above average volatility

Earnings Impact

IV typically expands before earnings and contracts after the announcement.

Historical Volatility vs IV

HES IV generally trades near historical volatility, with premiums expanding around earnings.

Term Structure

Typically upward sloping under normal conditions.

View HES Volatility Lab

HES Gamma Exposure (GEX)

Gamma Exposure analysis for HES reveals dealer hedging dynamics at key strike levels.

Typical GEX Profile: HES tends to operate in a positive gamma environment during normal conditions.

Key Levels:

Dealer Hedging:

View Live HES GEX

4 Common HES Options Strategies

These are strategies commonly used by traders on HES options, based on typical market characteristics. This is not investment advice.

Popular for HES shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on HES.

Range-bound strategy for HES between events.

Key Considerations for HES Options

  • Monitor HES earnings dates for IV expansion/contraction patterns
  • Consider the stock's beta when sizing options positions
  • HES options liquidity varies by expiration - prefer near-term and monthly expirations

Frequently Asked Questions: HES Options

What is HES's typical implied volatility?

HES implied volatility typically ranges from 22% - 50%. IV patterns are influenced by earnings, sector events, and market conditions.

Does HES have weekly options?

Yes, HES offers weekly options expirations.

HES Key Events

Earnings Months
January April July October

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Access real-time GEX levels, IV analytics, and options flow for HES.

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