HBCP Options History — October 2023

In October 2023, HBCP traded between $31.59 and $34.33. ATM implied volatility averaged 46.1%, placing in the 15.8% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded above realized volatility by 27.2% (HV 20d: 18.8%). 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 2 of 22 days.

Notable Days

  • 2023-10-18: Highest Volume — 11 contracts
  • 2023-10-06: Largest IV spike — 68.6% change
  • 2023-10-06: Highest IV Rank — 76.9%
  • 2023-10-04: Largest Expected Move — 17.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$32.96$31.59$34.33$32.43$34.12
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV46.1%31.1%96.9%51.9%34.4%
Expected Move12.0%8.9%17.8%14.9%9.9%
HV 20d18.8%14.7%24.4%14.7%22.1%
HV 60d22.1%21.1%23.5%22.9%21.8%
IV Rank15.8%0.4%76.9%31.1%4.2%
IV Percentile28.5%0.8%98.4%67.5%5.6%
Term Structure-9.3%-30.8%19.0%-19.4%-3.3%
VWIV148.4%148.4%148.4%148.4%148.4%
Skew 25d-11.7%-39.7%22.4%-0.4%-22.8%
Skew 10d-11.6%-41.2%26.1%11.0%-40.3%
Call IV 25d50.6%36.6%73.4%39.1%57.0%
Put IV 25d38.9%25.2%66.9%38.7%34.3%
Bid-Ask Spread %120.85117.30131.69121.53121.69
Gamma HHI0.630.540.740.580.68
Net GEX-1.3K-2.1K-538-1.7K-538
Net DEX13.3K3.0K27.0K17.3K3.0K
Net VEX-119-182-60-171-60
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume1.04501100
Total OI51.86427696327

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$32.43$30.0051.9%14.9%14.7%0.0%0.0%-0.4%-19.4%-1.7K17.3K-1710.00121.53001350
2023-10-03$31.59$30.0057.6%16.5%16.3%0.0%0.0%14.9%-30.8%-2.1K27.0K-1800.00117.60001350
2023-10-04$32.05$30.0062.1%17.8%16.8%0.0%148.4%11.1%-30.5%-1.9K20.6K-1720.00117.30021350
2023-10-05$32.28$30.0057.5%11.7%17.0%31.1%0.0%-3.2%-9.7%-1.8K17.5K-1600.00120.03001350
2023-10-06$32.08$30.0096.9%13.4%15.9%76.9%0.0%-0.2%-13.7%-1.5K23.4K-1820.00131.69001350
2023-10-09$32.48$30.0065.0%16.8%16.6%39.9%0.0%21.0%-16.2%-1.7K16.7K-1530.00119.45001350
2023-10-10$32.86$30.0052.5%9.3%17.0%25.3%0.0%22.4%-0.1%-1.4K12.6K-1450.00120.93001350
2023-10-11$32.76$30.0031.4%9.0%16.2%0.7%0.0%-14.8%-1.5%-1.5K13.3K-1460.00119.87001350
2023-10-12$32.41$30.0042.1%12.1%16.3%13.2%0.0%-19.2%-18.0%-1.7K18.4K-1460.00119.08001350
2023-10-13$32.60$30.0031.1%8.9%16.4%0.4%0.0%-5.2%-1.6%-1.6K16.4K-1420.00119.16001350
2023-10-16$32.69$30.0031.9%9.2%16.2%1.4%0.0%-6.9%-1.0%-1.6K13.2K-1230.00118.81001350
2023-10-17$33.10$30.0033.9%9.7%16.6%3.7%0.0%-21.2%-4.7%-1.2K7.4K-1110.00119.48001350
2023-10-18$32.18$30.0041.1%11.8%19.4%12.1%0.0%-1.9%-15.5%-1.9K19.5K-1120.00118.060111350
2023-10-19$33.06$30.0033.3%9.5%21.5%3.0%0.0%-16.5%11.4%-74124.3K-840.00118.690101356
2023-10-20$33.48$30.0036.6%10.5%21.6%6.8%0.0%-31.9%19.0%-6866.4K-790.00122.87001351
2023-10-23$33.81$30.0048.1%13.8%21.8%20.1%0.0%-39.7%-11.0%-6808.6K-820.00124.0900225
2023-10-24$33.72$30.0037.5%10.7%21.9%7.8%0.0%-36.1%-9.6%-6595.8K-760.00121.3200225
2023-10-25$34.02$30.0038.0%10.9%22.0%8.4%0.0%-26.6%-10.0%-6104.5K-700.00124.0800225
2023-10-26$33.83$30.0044.4%12.7%21.5%15.9%0.0%-26.8%-13.3%-7017.9K-800.00122.5200225
2023-10-27$33.31$30.0036.5%10.5%22.2%6.7%0.0%-22.6%-9.8%-6825.4K-710.00118.3800225
2023-10-30$34.33$30.0049.5%14.2%24.4%21.9%0.0%-30.5%-14.8%-5633.6K-630.00122.1300225
2023-10-31$34.12$30.0034.4%9.9%22.1%4.2%0.0%-22.8%-3.3%-5383.0K-600.00121.6900225