HBCP Options History — July 2023

In July 2023, HBCP traded between $32.52 and $36.61. ATM implied volatility averaged 51.0%. The 30-day expected move averaged 13.3%. IV traded above realized volatility by 26.4% (HV 20d: 24.6%). Max pain ranged from $30.00 to $35.00. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 0.47.

Notable Days

  • 2023-07-17: Highest Volume — 48 contracts
  • 2023-07-07: Largest IV spike — 85.2% change
  • 2023-07-31: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$34.60$32.52$36.61$33.08$35.75
Max Pain$33.85$30.00$35.00$30.00$35.00
ATM IV51.0%38.0%83.2%38.0%57.8%
Expected Move13.3%10.9%16.6%10.9%16.6%
HV 20d24.6%20.4%30.4%30.4%27.4%
HV 60d33.3%31.6%34.7%34.6%32.1%
Term Structure-10.9%-22.8%-2.5%-6.1%-21.7%
VWIV44.6%37.0%53.2%37.0%53.2%
Skew 25d-3.6%-26.3%29.1%-12.3%-12.0%
Skew 10d1.0%-36.2%32.3%-1.6%6.6%
Call IV 25d54.4%31.9%88.0%46.7%88.0%
Put IV 25d50.8%34.4%76.0%34.4%76.0%
Bid-Ask Spread %122.01109.45130.75114.41122.63
Gamma HHI0.620.510.690.640.55
Net GEX-741-2.5K4.2K-1.7K-645
Net DEX-1.2K-80.1K31.6K11.9K-8.7K
Net VEX-288-350-231-269-231
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.001.200.600.00
Total Volume5.3504802
Total OI95.6502285350

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-07-03$33.08$30.0038.0%10.9%30.4%0.0%0.0%-12.3%-6.1%-1.7K11.9K-2690.00114.41001142
2023-07-05$33.14$30.0040.5%11.6%30.4%0.0%37.0%-26.3%-10.6%-1.7K10.8K-2650.00114.29051142
2023-07-06$32.52$0.0040.1%11.5%27.0%0.0%0.0%7.2%-2.5%-2.4K20.9K-2860.00109.450141147
2023-07-07$33.15$0.0074.2%13.6%20.4%0.0%0.0%21.0%-12.2%-2.5K30.8K-3500.00129.49001159
2023-07-10$33.63$0.0078.3%14.0%21.3%0.0%0.0%29.1%-11.7%-2.3K20.7K-3260.00127.84001159
2023-07-11$33.53$0.0083.2%14.3%20.5%0.0%0.0%5.2%-13.2%-2.5K31.6K-3430.00129.43001159
2023-07-12$34.05$0.0050.3%14.4%21.4%0.0%0.0%2.1%-18.8%-2.3K16.7K-3060.00129.66001159
2023-07-13$34.78$0.0043.2%12.4%22.7%0.0%0.0%-13.7%-10.3%-1.7K5.3K-2810.00116.61001159
2023-07-14$34.44$0.0049.9%14.3%23.0%0.0%0.0%-20.4%-7.4%-2.1K15.1K-3120.00114.95001159
2023-07-17$34.58$30.0043.0%12.3%22.8%0.0%41.1%-16.4%-4.5%-1.1K-2.5K-2610.60116.40301812159
2023-07-18$35.30$35.0044.3%12.7%22.8%0.0%47.3%-12.7%-10.5%4.2K-48.6K-3261.20118.065645183
2023-07-19$36.38$35.0051.1%14.6%23.6%0.0%0.0%-11.0%-12.3%4.0K-80.1K-2840.07121.2514142179
2023-07-20$35.42$35.0043.4%12.4%25.8%0.0%0.0%11.6%-2.6%2.5K-31.3K-2880.00116.3810029178
2023-07-21$35.02$35.0045.7%13.1%25.1%0.0%0.0%8.6%-3.9%-3591.6K-3000.00120.520219178
2023-07-24$34.73$35.0056.8%16.3%25.3%0.0%0.0%20.1%-7.9%-8934.0K-3000.00120.47001338
2023-07-25$34.61$35.0044.3%12.7%24.6%0.0%0.0%5.2%-8.9%-893978-2750.00130.75001338
2023-07-26$35.55$35.0046.0%13.2%25.6%0.0%0.0%-17.1%-14.7%-869-6.2K-2630.00128.32001338
2023-07-27$35.73$35.0044.2%12.7%25.6%0.0%0.0%-15.4%-16.2%-835-5.5K-2640.00129.79001338
2023-07-28$36.61$35.0045.6%13.1%26.6%0.0%0.0%-25.1%-22.8%-661-10.7K-2310.00129.42001238
2023-07-31$35.75$35.0057.8%16.6%27.4%0.0%53.2%-12.0%-21.7%-645-8.7K-2310.00122.63021238