HERON THERAPEUTICS, INC. /DE/ (HRTX) Open Interest

HERON THERAPEUTICS, INC. /DE/ (HRTX) has 15,676 call contracts and 21,481 put contracts open across all listed expirations — a put/call open interest ratio of 1.37. Open interest counts the contracts currently outstanding at each strike. This page shows where HRTX positioning concentrates, which strikes act as walls, and how the totals have trended over the past year.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$0.43
52-week range
$0.40 – $2.18
ATM IV (30d)
344.8%
IV rank
42 / 100
Moderate
Expected move
±$0.20 (±47.7%)
Put/call OI
1.37
Put-heavy
Max pain
$0.5
↑ 17.5% above close
Next earnings
Aug 9, 2026

HRTX Open Interest by Strike

Total call open interest15,676
Total put open interest21,481
Put/call OI ratio1.37
Open interest rank (31 day)64 / 100
Call wall (largest call OI)$1.5
Put wall (largest put OI)$0.5
Top volume strike$0.5
Volume / OI ratio0.01

HRTX Open Interest Trend

06.5K12.9K19.4K25.8KCall OIPut OIFeb '26May '26Jul '26

HRTX total call vs. put open interest, past year.

0.000.420.841.261.68Feb '26May '26Jul '26

HRTX put/call open interest ratio, past year.

A put/call open interest ratio of 1.37 means meaningfully more puts than calls are outstanding — elevated hedging or bearish positioning. In total, 15,676 call contracts and 21,481 put contracts are open across all listed expirations. The put/call OI ratio has risen from 0.03 in Feb '26 to 1.37 today.

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HRTX Options FAQ

What is HRTX's put/call ratio?

HRTX's put/call open interest ratio is 1.37 as of Jul 10, 2026, with 21,481 put contracts and 15,676 call contracts outstanding.

Which HRTX strikes have the highest open interest?

As of Jul 10, 2026, the largest call open interest sits at $1.5 (the call wall) and the largest put open interest sits at $0.5 (the put wall). Strikes with heavy open interest often act as reference levels because a lot of hedging activity is anchored to them.

Is HRTX open interest unusually high right now?

HRTX's total open interest ranks 64 out of 100 versus the past 31 trading days as of Jul 10, 2026 — in the middle of its recent range.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.