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Consumer Staples · Consumer

HSY Implied Volatility, IV Rank & Options Chain

Hershey Company (HSY) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for Hershey Company (HSY).

Updated Reference data

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On this page
  1. Key facts
  2. Company overview
  3. Options market
  4. Volatility profile
  5. GEX analysis
  6. Common strategies
  7. FAQ

HSY options trade with implied volatility typically in the 14% - 32% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

HSY implied volatility

As of 2026-10-26

As of 2026-10-26, HSY's 30-day implied volatility is 32.3%, placing its 1-year IV percentile at 35.0 — above 35.0% of the past year's daily IV readings, a middle range, neutral between selling and buying premium.

32.3%30-day IV
35.01-year IV rank

HSY live chain, Greeks and GEX

Terminal

Every figure above is reference data. The live HSY chain, its Greeks, the gamma profile and the flow tape update through the session inside the Terminal.

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HSY options at a glance

Daily volume
N/A
IV range
14% - 32%
Bid-ask spread
N/A
Expirations
Weekly, monthly, LEAPS
Open interest
N/A
Next earnings
See earnings calendar
GoodLiquidity
14% - 32%IV Range
$35B+Market Cap
YesWeeklies

About Hershey Company (HSY)

The Hershey Company is a leading manufacturer of chocolate, candy, and snack products under iconic brands including Hershey's, Reese's, and Kit Kat.

Company profile

Sector
Consumer Staples
Industry
Confectioners
Market cap
$35B+
Exchange
NYSE

Key dates

Next earnings
See earnings calendar
Earnings frequency
Quarterly
Dividend schedule
See company page
Fiscal year end
December

Hershey Company operates in the Consumer Staples sector.

ApexVol Terminal

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Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

  • Live chains and Greeks
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  • Expected move and GEX
  • Screener and strategy P&L
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HSY options market overview

HSY options provide good liquidity 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: Good

HSY options are available for trading across multiple expirations.

HSY implied volatility and IV rank

HSY implied volatility reflects consumer spending trends and competitive dynamics.

14% - 18%Low IV, below average
18% - 27%Typical, normal conditions
27% - 32%Elevated, above average

Earnings impact

IV typically expands before earnings and contracts after the announcement.

The post-earnings volatility drop is known as IV crush. Holders of short HSY options should also understand early assignment risk around dividends and expiration.

Historical volatility vs IV

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

Term structure

Typically upward sloping under normal conditions.

The smile, the term structure and the cone for HSY, on today's chain.

Open HSY in IV Intelligence

HSY gamma exposure (GEX)

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

  • Typical GEX profile. HSY tends to operate in a positive gamma environment during normal conditions.
  • Key levels.
  • Dealer hedging.

Where the gamma sits on HSY right now, strike by strike.

See live HSY GEX

Common HSY options strategies

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

Key considerations for HSY options

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

HSY key events

Earnings months. January, April, July, October

HSY options data by API, or in Claude

Every number on this page is one request away. The implied volatility API returns HSY's IV rank and percentile, the gamma exposure API its dealer positioning by strike, and the chain API every strike with Greeks. Connected to the ApexVol MCP server, Claude, Cursor or ChatGPT can ask for them in plain English.

GET /api/mcp/data/iv-rank/HSYBearer token, JSON back
curl -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
     "https://apexvol.com/api/mcp/data/iv-rank/HSY"
In Claudethrough the MCP server
You

What is HSY's IV rank right now, and where is its gamma flip?

Claude calls get_iv_rank and get_gex

Try GEX on HSY in the console, more prompts for HSY, or set the server up in Claude Desktop, Claude Code, Cursor or ChatGPT.

Written by
ApexVol Research Team
Quantitative options research. All calculations use live institutional-grade data — the same source professional volatility desks use.
Reviewed by
Ryan Silk, ApexVol Founder
Reviewed for technical accuracy. 10+ years trading options; built ApexVol's pricing engine, Greeks model and IV-rank methodology.

Revised as market conditions and institutional data change. Last revised 2026-10-26. How we research →

Track this name's volatility weekly. The week's biggest IV movers and the expected earnings moves, straight from the data.

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Questions

Frequently asked
about HSY options.

What is HSY's typical implied volatility?

HSY implied volatility typically ranges from 14% - 32%.

Does HSY have weekly options?

HSY offers weekly options.

What is HSY's options trading profile?

HSY (Hershey Company) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 14% - 32% range. The position sits in the Consumer Staples category for portfolio diversification and options strategy design.

How does HSY implied volatility behave around earnings?

IV typically expands before earnings and contracts after the announcement. Next scheduled earnings: See earnings calendar. Traders often size short premium positions for the post-earnings IV crush, while long premium buyers should be aware that the IV decline can outweigh small directional moves.

What options strategies work well on HSY?

Popular strategies on HSY options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 14% - 32% typical range, days to next earnings, and the trader's directional outlook. Higher IV regimes favour premium-selling strategies; lower IV regimes favour directional debit spreads or long premium plays.

What is HSY's gamma exposure (GEX)?

Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence HSY's intraday price action. HSY tends to operate in a positive gamma environment during normal conditions. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live HSY GEX levels and the gamma-flip point on ApexVol.

What is HSY's IV rank?

HSY's IV rank shows where HSY's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. HSY implied volatility typically ranges from 14% - 32%. Check HSY's live IV rank and percentile on ApexVol's IV analytics.

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