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

HERON THERAPEUTICS, INC. /DE/ (HRTX) has 556 call contracts and 21,152 put contracts open across all listed expirations — a put/call open interest ratio of 38.04. 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 Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$0.32
52-week range
$0.30 – $1.50
IV rank
45 / 100
Moderate
Put/call OI
38.04
Put-heavy
Max pain
$0.5
↑ 55.5% above close
Next earnings
Nov 8, 2026

HRTX Open Interest by Strike

07K14.1K21.1KSpotMax painCall wallPut wall0.5012345

HRTX open interest by strike, all expirations combined — calls in green, puts in red.

Total call open interest556
Total put open interest21,152
Put/call OI ratio38.04
Open interest rank (31 day)75 / 100
Call wall (largest call OI)$0.5
Put wall (largest put OI)$0.5
Top volume strike$0.5
Volume / OI ratio0.32

HRTX Open Interest Trend

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

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

0.0010.5821.1531.7342.31Feb '26May '26Aug '26

HRTX put/call open interest ratio, past year.

A put/call open interest ratio of 38.04 means meaningfully more puts than calls are outstanding — elevated hedging or bearish positioning. In total, 556 call contracts and 21,152 put contracts are open across all listed expirations. The put/call OI ratio has risen from 0.03 in Feb '26 to 38.04 today.

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HRTX Options FAQ

What is HRTX's put/call ratio?

HRTX's put/call open interest ratio is 38.04 as of Aug 24, 2026, with 21,152 put contracts and 556 call contracts outstanding.

Which HRTX strikes have the highest open interest?

As of Aug 24, 2026, the largest call open interest sits at $0.5 (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 75 out of 100 versus the past 31 trading days as of Aug 24, 2026 — toward the top of its recent range, so positioning is unusually heavy.

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.