HBCP Options History — May 2023

In May 2023, HBCP traded between $28.66 and $32.31. ATM implied volatility averaged 55.4%. The 30-day expected move averaged 14.7%. IV traded above realized volatility by 16.9% (HV 20d: 38.5%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 10.00.

Notable Days

  • 2023-05-02: Highest Volume — 20 contracts
  • 2023-05-02: Largest IV spike — 49.5% change
  • 2023-05-02: Largest Expected Move — 24.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.56$28.66$32.31$30.41$30.93
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV55.4%36.7%85.3%57.0%58.7%
Expected Move14.7%10.5%24.5%16.4%16.8%
HV 20d38.5%33.8%43.2%34.9%37.9%
Term Structure-14.6%-35.7%3.5%-28.7%-25.6%
Skew 25d-0.4%-22.6%16.3%15.3%11.2%
Skew 10d6.0%-21.8%23.9%12.7%23.9%
Call IV 25d53.7%31.1%133.0%42.7%44.7%
Put IV 25d53.3%29.5%140.4%58.1%55.9%
Bid-Ask Spread %130.31115.32154.38148.97121.04
Gamma HHI0.680.500.740.500.73
Net GEX-1.8K-2.6K-14-14-2.3K
Net DEX28.0K-91142.8K-91129.3K
Net VEX-261-301-157-168-267
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio10.0010.0010.0010.0010.00
Total Volume1.40902000
Total OI45.68221522152

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-05-01$30.41$0.0057.0%16.4%34.9%0.0%0.0%15.3%-28.7%-14-911-1680.00148.97001011
2023-05-02$29.47$0.0085.3%24.5%35.3%0.0%0.0%16.3%-25.3%-1055.6K-1570.00154.380201011
2023-05-03$29.26$0.0078.4%22.5%34.3%0.0%0.0%7.4%3.5%-1.2K32.7K-2560.00132.94001031
2023-05-04$28.66$30.0084.0%16.1%33.8%0.0%0.0%-11.6%-7.8%-1.3K37.8K-2420.00136.09001031
2023-05-05$29.58$30.0063.4%11.6%36.3%0.0%0.0%-10.8%-9.0%-1.5K34.8K-2470.00136.13001031
2023-05-08$29.58$30.0057.5%10.6%36.4%0.0%0.0%-22.6%-5.8%-1.7K34.5K-2470.00133.83001031
2023-05-09$28.80$30.0065.3%12.5%35.2%0.0%0.0%5.1%-2.3%-1.5K38.9K-2340.00134.86001031
2023-05-10$30.18$30.0036.7%10.5%40.0%0.0%0.0%-18.5%-11.0%-1.9K28.6K-2460.00131.34001031
2023-05-11$29.43$30.0039.0%11.2%40.5%0.0%0.0%-4.9%-12.5%-1.9K33.9K-24010.00131.401101031
2023-05-12$30.03$30.0038.9%11.1%38.9%0.0%0.0%1.8%-10.2%-2.6K41.0K-3010.00131.84001141
2023-05-15$30.52$30.0049.0%14.0%39.4%0.0%0.0%1.4%-9.7%-2.3K39.2K-3010.00132.63001141
2023-05-16$30.14$30.0039.4%11.3%39.4%0.0%0.0%-6.2%-8.8%-2.5K42.8K-2950.00134.16001141
2023-05-17$31.50$30.0043.1%12.4%40.1%0.0%0.0%3.6%-14.2%-2.3K29.2K-2950.00134.47001141
2023-05-18$32.31$30.0044.9%12.9%41.2%0.0%0.0%-14.7%-15.3%-2.0K20.6K-2770.00131.41001141
2023-05-19$31.38$30.0053.4%15.3%42.3%0.0%0.0%5.9%-7.0%-1.9K26.6K-2930.00116.10001141
2023-05-22$32.13$30.0048.0%13.8%43.2%0.0%0.0%-7.9%-23.1%-2.0K19.3K-2800.00116.94001141
2023-05-23$32.02$30.0049.4%14.2%39.7%0.0%0.0%-6.2%-26.7%-2.1K20.3K-2800.00121.38001141
2023-05-24$31.51$30.0052.7%15.1%39.8%0.0%0.0%11.3%-14.8%-2.3K26.3K-2830.00124.36001141
2023-05-25$31.23$30.0050.5%14.5%39.4%0.0%0.0%15.9%-16.2%-2.1K25.4K-2740.00115.32001141
2023-05-26$31.61$30.0049.9%14.3%39.6%0.0%0.0%0.3%-15.7%-2.1K26.6K-2820.00121.27001141
2023-05-30$31.71$30.0074.4%21.3%38.6%0.0%0.0%-0.1%-35.7%-1.5K23.3K-2670.00125.89001141
2023-05-31$30.93$30.0058.7%16.8%37.9%0.0%0.0%11.2%-25.6%-2.3K29.3K-2670.00121.04001141