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Hilton Worldwide Holdings Inc. (HLT)

Overview · Option chain · Volatility · Expected-move history · Earnings

Price (delayed) 311.51 -0.15%
Expected moveThe size of the up-or-down move the options market is pricing for a stock by a given date, read from option prices (the at-the-money straddle). It is a market-implied estimate, not a forecast. · Sep 18 ±4.1%
Expected range 299.05324.65
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.25.4%
IV percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history). 28/universe
P/C volumePut volume (or open interest) divided by call volume (or open interest). A descriptive activity measure — it does not by itself say what traders expect.1.13
P/C open interest1.06
Next earnings Oct 28

Cboe delayed options data · as of 09:35 UTC · Figures derived from the full chain (1,332 contracts, 14 expirations) · IV own-history percentile appears after 60 recorded days (3 so far)

Expected move — Sep 18, 2026 (15 days)

Methodology →

Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.

299.1324.6311.9 current

Options are pricing a move of about ±4.1% (range 299.05–324.65) by Sep 18, 2026. ATM straddle: 12.80 @ strike 312.5 · ATM IV: 24.3%.

Probability distribution

Model & assumptions →

The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.

311.9299.1324.6
expected-move bandmodel density
Levelvs priceP(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction.P(below)
280.67 -10% 98.3% 1.7%
296.26 -5% 84.6% 15.4%
311.85 +0% 49.0% 51.0%
327.44 +5% 15.5% 84.5%
343.04 +10% 2.5% 97.5%

Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.

Probability explorer

Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.

P(finish above)
P(finish below)
P(touch, approx.)

Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions

ExpiresDTEDays to expiration, in calendar days.Implied moveATM IVOpen int.
Sep 04, 2026 1 ±1.8% 29.3% 557
Sep 11, 2026 8 ±3.1% 24.2% 983
Sep 18, 2026 15 ±4.1% 24.3% 13.9K
Sep 25, 2026 22 ±5.2% 25.7% 452
Oct 02, 2026 29 ±5.9% 25.4% 55
Oct 09, 2026 36 ±6.5% 25.2% 9
Oct 16, 2026 43 ±7.0% 24.9% 3,481
Dec 18, 2026 106 ±12.1% 27.6% 3,885
Jan 15, 2027 134 ±13.6% 27.7% 8,415
Mar 19, 2027 197 ±16.6% 27.8% 1,787

Open interest by strike — Sep 18

Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.

240.0270.0295.0307.5315.0322.5335.0342.5350.0360.0380.0311.9
callsputs

Largest open-interest concentrations (all expirations ≤ 60 days): 300 P · 1,777320 C · 1,689200 P · 1,564250 P · 1,350185 P · 1,209

IV term structure

Volatility page →

At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.

23%26%28%31%1d29d197d

When does open interest expire?

43%This month53%Later

Implied vs realized volatility

22.3%23.9%25.6%27.3%Aug 31Sep 02
IV30HV20

HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method

Price, last 60 sessions

Track record

Full history →

Every trading day we record what the options market is pricing for each expiration — before the outcome is known. Once expirations start resolving, this section compares expected versus actual, and the record is never rewritten. Recording since Aug 31, 2026.

Past earnings reactions

Oct 24-1.2%Feb 25+4.6%Apr 25+1.8%Jul 25-2.3%Oct 25+0.6%Feb 26-0.5%Apr 26-5.4%Jul 26-2.8%
implied (when recorded)actual reaction

Avg |reaction| 2.2% · median 1.9% (20 reports) — two-session close-to-close window; definition

About Hilton Worldwide Holdings Inc.

Hilton Worldwide Holdings Inc., a hospitality company, engages in managing, franchising, and leasing hotels and resorts. It operates in two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brand names, trademarks, and service marks. It operates a brand portfolio of luxury, lifestyle, full service, focused service, all-suites hotel, and timeshare under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, Conrad Hotels & Resorts, Signia by Hilton, NoMad, Canopy by Hilton, Graduate by Hilton, Tempo by Hilton, Motto by Hilton, Hilton Hotels & Resorts, DoubleTree by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Outset Collection by Hilton, Embassy Suites by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, LivSmart Studios by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Spark by Hilton, Hilton Grand Vacations, Small Luxury Hotels of the World, AutoCamp, and Hilton Honors brand names. The company has operations in North America, South America, and Central America, including various Caribbean nations; Europe, the Middle East, and Africa; and the Asia Pacific. Hilton Worl

Consumer Cyclical · Travel Lodging · NYSE · Profile: Financial Modeling Prep

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