HSY options flow: unusual options activity in Hershey Co.
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 11 unusual options prints in Hershey Co. (HSY), $658K of tracked premium, close to even between bullish and bearish premium. Bullish premium was $295K against $230K bearish; $551K went into calls and $107K into puts, a put call ratio of 0.19. The largest print was $99K of HSY 19 Mar 2027 $165 calls on 25 September 2026, executed at ask. The last session with prints, 25 September 2026, added 3 prints and $200K of premium. HSY closed at $166.37 on 25 September 2026, down 0.3%.
This week's unusual flow
Prints from 21 September 2026 to 25 September 2026, 5 sessions. Delayed tier: every print is shown twenty minutes after it executed, and the page is rebuilt after each session.
Net premium is bullish minus bearish premium. The put call ratio is put premium divided by call premium, weighted by money rather than by contract count. Sweeps is the share of prints executed across several exchanges at once. Read the guide: Reading the Pulse.
Largest prints of the week
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 25 Sep 2026 | HSY 19 Mar 2027 $165 calls | Trade | 70 | 3 | $99K | At ask | Bullish | Notable |
| 23 Sep 2026 | HSY 21 Jan 2028 $140 calls | Trade | 20 | 12 | $77K | At bid | Bearish | Notable |
| 23 Sep 2026 | HSY 21 Jan 2028 $140 calls | Trade | 20 | 12 | $77K | At bid | Bearish | Notable |
| 22 Sep 2026 | HSY 21 Jan 2028 $155 calls | Trade | 24 | 21 | $72K | At ask | Bullish | |
| 23 Sep 2026 | HSY 21 Jan 2028 $155 calls | Trade | 21 | 45 | $64K | At ask | Bullish | |
| 24 Sep 2026 | HSY 21 Jan 2028 $155 calls | Trade | 21 | 66 | $60K | At midpoint | Neutral | |
| 25 Sep 2026 | HSY 21 Jan 2028 $155 calls | Trade | 21 | 89 | $60K | At ask | Bullish | |
| 21 Sep 2026 | HSY 20 Nov 2026 $220 puts | Trade | 9 | 1 | $47K | At ask | Neutral | |
| 25 Sep 2026 | HSY 19 Mar 2027 $165 calls | Trade | 30 | 3 | $42K | At bid | Bearish | |
| 23 Sep 2026 | HSY 16 Oct 2026 $180 puts | Trade | 25 | 59 | $33K | At ask | Bearish | |
| 21 Sep 2026 | HSY 21 Jan 2028 $220 puts | Trade | 5 | 101 | $27K | At bid | Neutral |
Size above open interest means the trade opened a position larger than everything that existed in the contract the night before. Above ask and below bid are the most aggressive executions. Read the guide: Size versus open interest.
Where the money is aimed
| Expiry | Prints | Premium | Calls share | Net premium |
|---|---|---|---|---|
| 21 Jan 2028 | 7 | $438K | 94% | +$41K |
| 19 Mar 2027 | 2 | $141K | 100% | +$57K |
| 20 Nov 2026 | 1 | $47K | 0% | +$0 |
| 16 Oct 2026 | 1 | $33K | 0% | -$33K |
The most premium, $438K, is aimed at the 21 Jan 2028 expiry; the nearest expiry with unusual prints is 16 Oct 2026.
A print in a contract expiring this week is a view about the next few days, often about a known event; a print months out is a different kind of statement. Read the guide: 0DTE options flow.
The last session, 25 September 2026
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 25 Sep 2026 | HSY 19 Mar 2027 $165 calls | Trade | 70 | 3 | $99K | At ask | Bullish | Notable |
| 25 Sep 2026 | HSY 21 Jan 2028 $155 calls | Trade | 21 | 89 | $60K | At ask | Bullish | |
| 25 Sep 2026 | HSY 19 Mar 2027 $165 calls | Trade | 30 | 3 | $42K | At bid | Bearish |
Every print in HSY with its full detail, the live tape, one tap filters and saved screeners: open HSY in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open HSY in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 13 firms, have a median of $200, 20.2% above the last close.
Calls bought at a strike above the average target are a bet that the analysts are too cautious; puts far below the price in a name they like are protection or a strong disagreement. Read the guide: Reading one ticker's flow.
About Hershey Co.
- Exchange
- NYSE
- Sector
- Consumer Staples
- Industry
- Food Products
- Headquarters
- Hershey, Pennsylvania
- Website
- thehersheycompany.com
Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, BarkTHins, Cadbury, Good & Plenty, Heath, Kit Kat, Twizzlers, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Paqui, Dot's Homestyle Pretzels, and ONE Bar brands. The Hershey Company was founded in 1894 and is headquartered in Pennsylvania.
In the same sector
Flow pages for other Consumer Staples names in the S&P 500:
WMT Walmart Inc.COST Costco Wholesale Corp.KO Coca Cola Co.PG Procter & Gamble Co.PM Philip Morris International Inc.PEP PepsiCo Inc.MO Altria Group, Inc.MNST Monster Beverage Corp.
Learn
- What unusual options activity means
- Reading one ticker's flow
- Sweeps, blocks and where a trade printed
- Size versus open interest
- Bullish or bearish, how a print's sentiment is inferred
- The conviction score and whale prints
The live tape for HSY with every print's execution detail, one tap filters for calls, puts, sweeps and 0DTE, saved screeners and, for Realtime subscribers, push alerts and no delay. The same screen is in the iOS and Android apps.
Open HSY in Options Sentiment Screener