THG

The Hanover Insurance Group, Inc. Options

Search THG call options and put options with real-time pricing, Greeks, and implied volatility data.

Search THG Options Now
$170.04 Pre-Market
$-1.02 (-0.6%)
Prev Close
$171.06
Open
$171.16
Day Range
$169.07 - $171.25
Volume
344,703
Last updated: Jan 27, 2026 07:00 PM EST

About THG Options

The Hanover Insurance Group, Inc. (THG) options give traders the right to buy or sell THG stock at a predetermined price before a specific expiration date. Options are powerful financial instruments used for speculation, hedging, and income generation.

Call Options

THG call options give you the right to buy shares at the strike price. Profit when The Hanover Insurance Group, Inc. stock rises.

Put Options

THG put options give you the right to sell shares at the strike price. Profit when The Hanover Insurance Group, Inc. stock falls.

What Data You'll Find

Our free THG options search tool provides:

  • Strike Prices — Various price levels for calls and puts
  • Expiration Dates — Filter by 7, 30, 60, or 90 days out
  • Premium (Price) — Current option contract prices
  • Volume & Open Interest — Liquidity and market activity
  • Implied Volatility (IV) — Market's expected price movement
  • Greeks — Delta, Gamma, Theta, Vega sensitivity measures
  • Intrinsic & Extrinsic Value — Value breakdown
Pro Tip: Look for THG options with high volume and open interest for better liquidity and tighter bid-ask spreads.

Understanding THG Options Greeks

When trading The Hanover Insurance Group, Inc. options, the Greeks help you understand how the option price will change:

Delta (Δ)

How much the THG option price moves when the stock moves $1. A delta of 0.50 means the option gains $0.50 for every $1 stock increase.

Theta (Θ)

Daily time decay of the option. THG options lose value each day as expiration approaches, even if the stock price stays flat.

Gamma (Γ)

Rate of Delta change. Higher gamma means Delta moves faster, making near-ATM THG options more responsive to price changes.

Vega (ν)

Volatility sensitivity. When The Hanover Insurance Group, Inc.'s implied volatility rises, high-vega options become more valuable.

Learn more:

THG Options FAQ

To buy THG (The Hanover Insurance Group, Inc.) options, you need a brokerage account with options trading enabled (like TD Ameritrade, E*TRADE, or Robinhood). Search for THG options, select your desired strike price and expiration, choose call or put, and place your order. Always understand the risks and consider starting with paper trading.

The optimal expiration depends on your strategy. 30-45 day expirations offer a good balance of time value and theta decay for most traders. Shorter expirations (7-14 days) have higher gamma but faster time decay. Longer expirations (60-90+ days) cost more but give the trade more time to work.

Use our options search tool to see current THG implied volatility levels. Compare the IV to historical averages to determine if options are relatively expensive (high IV) or cheap (low IV). High IV often occurs before earnings or major events.

ITM (In The Money) THG options have intrinsic value — calls where strike < stock price, puts where strike > stock price. They're more expensive but have higher delta. OTM (Out of The Money) options are cheaper but have lower probability of profit. ATM (At The Money) options have strike ≈ stock price and highest gamma.