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Hormel Foods Corporation HRL 22.6 -0.16 -0.7%

Previous-day view · Thu Nov 5 close. You are previewing the previous trading day. Subscribe to see today live and every other date — Trader is $59/mo. Sign up Sign in

Expected move

November 05, 2026 close · $22.60
Horizon Expected move Typical range 2 in 3 closes 9 in 10 closes
Next session ±1.2% ±$0.27 $22.33 – $22.87 $22.27 – $22.93 $22.01 – $23.19
2 sessions ±1.7% ±$0.38 $22.22 – $22.98 $22.14 – $23.06 $21.78 – $23.42
3 sessions ±2.1% ±$0.48 $22.12 – $23.08 $22.03 – $23.17 $21.58 – $23.62
1 week ±2.7% ±$0.61 $21.99 – $23.21 $21.86 – $23.34 $21.30 – $23.90
2 weeks ±3.8% ±$0.85 $21.75 – $23.45 $21.54 – $23.66 $20.78 – $24.42
3 weeks ±4.7% ±$1.06 $21.54 – $23.66 $21.28 – $23.92 $20.36 – $24.84
1 month Earnings ±7.5% ±$1.70 $20.91 – $24.30 $20.50 – $24.70 $19.04 – $26.16
Size, not direction. The 68% and 90% bands held 66–68% and 89–90% of closes in held-out years 2019–2026. HRL reports in 19 sessions; only the horizons marked Earnings include its jump. Draw the cone on the chart →

Volatility premium

Beta
The forecast is for the current session, which this plan does not open.

Earnings: priced against what happened

Average implied move
±5.25%
Average actual move
6.46%
Beyond the implied move
3 / 6
Median IV change
-38.57%
Reaction session Implied Actual Used ATM IV before → after
August 27, 2026 ±5.27% -10.25% 1.94× —
May 28, 2026 ±6.44% +12.55% 1.95× —
August 28, 2025 ±4.14% -13.09% 3.17× —
May 29, 2025 ±4.66% +1.13% 0.24× 35.9% → 22.3%
February 27, 2025 ±5.40% -1.22% 0.23× 36.6% → 22.5%
December 04, 2024 ±5.58% +0.53% 0.10× 35.8% → 20.9%
Reconstructed from archived mid quotes; the straddle covers its expiration, not only the reaction session. These are not option returns. Method and missing reports →