HBCP Options History — November 2023

In November 2023, HBCP traded between $34.23 and $38.49. ATM implied volatility averaged 40.5%, placing in the 13.8% IV rank vs the trailing year. The 30-day expected move averaged 10.7%. IV traded above realized volatility by 9.6% (HV 20d: 30.9%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 1 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 1.25.

Notable Days

2023-11-24: Highest Volume — 4 contracts
2023-11-21: Largest IV spike — 91.0% change
2023-11-30: Highest IV Rank — 42.6%
2023-11-30: Largest Expected Move — 18.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$36.65	$34.23	$38.49	$34.23	$36.80
Max Pain	$30.00	$30.00	$30.00	$30.00	$30.00
ATM IV	40.5%	24.6%	63.9%	38.1%	63.9%
Expected Move	10.7%	7.0%	18.3%	10.9%	18.3%
HV 20d	30.9%	21.8%	35.6%	21.8%	35.4%
HV 60d	23.9%	20.8%	25.9%	20.8%	25.6%
IV Rank	13.8%	0.0%	42.6%	8.6%	42.6%
IV Percentile	26.1%	0.0%	83.6%	17.2%	83.6%
Term Structure	-11.1%	-32.1%	5.4%	0.5%	-32.1%
Skew 25d	-9.6%	-36.6%	15.3%	-20.9%	-1.9%
Skew 10d	-12.1%	-41.5%	15.9%	-41.5%	3.9%
Call IV 25d	47.6%	18.2%	69.7%	59.5%	60.1%
Put IV 25d	38.0%	23.3%	73.2%	38.6%	58.2%
Bid-Ask Spread %	121.52	112.14	129.41	129.41	125.67
Gamma HHI	0.56	0.36	0.82	0.70	0.82
Net GEX	-232	-607	66	-607	-399
Net DEX	-1.3K	-5.9K	5.8K	5.8K	2.0K
Net VEX	-65	-114	-18	-75	-114
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.25	0.50	2.00	0.50	2.00
Total Volume	0.524	0	4	0	0
Total OI	29.619	27	34	27	34

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2023-11-01	$34.23	$30.00	38.1%	10.9%	21.8%	8.6%	0.0%	-20.9%	0.5%	-607	5.8K	-75	0.00	129.41	0	0	2	25
2023-11-02	$35.57	$0.00	48.8%	9.5%	25.1%	21.0%	0.0%	0.3%	-12.6%	-352	-446	-46	0.00	123.52	0	0	2	25
2023-11-03	$36.50	$0.00	48.7%	9.1%	25.8%	20.9%	0.0%	-1.6%	-10.3%	-240	-2.2K	-38	0.00	120.29	0	0	2	25
2023-11-06	$36.28	$0.00	50.4%	9.4%	26.0%	22.9%	0.0%	-0.8%	-10.1%	-231	-2.3K	-36	0.00	120.75	0	0	2	25
2023-11-07	$36.49	$0.00	46.3%	9.4%	25.9%	18.1%	0.0%	0.0%	-9.5%	-217	-2.4K	-36	0.00	123.86	0	0	2	25
2023-11-08	$35.45	$0.00	43.6%	12.5%	28.5%	15.0%	0.0%	9.3%	2.8%	-528	4.5K	-66	0.00	124.34	0	0	2	25
2023-11-09	$35.81	$0.00	36.4%	10.4%	28.1%	6.6%	0.0%	-35.6%	-16.3%	-245	-1.8K	-37	0.00	120.41	0	0	2	25
2023-11-10	$36.09	$0.00	33.1%	9.5%	28.1%	2.8%	0.0%	-35.6%	-8.8%	-278	-1.6K	-38	0.00	120.68	0	0	2	25
2023-11-13	$36.14	$0.00	38.0%	10.9%	28.1%	8.4%	0.0%	-36.6%	-16.9%	-280	-1.6K	-38	0.00	124.52	0	0	2	25
2023-11-14	$38.49	$0.00	31.5%	9.0%	34.8%	0.8%	0.0%	-22.0%	-4.4%	-83	-5.3K	-18	0.00	124.26	0	0	2	25
2023-11-15	$37.99	$0.00	38.1%	10.9%	33.1%	8.6%	0.0%	13.9%	-9.3%	-100	-4.6K	-20	0.50	127.80	2	1	2	25
2023-11-16	$37.76	$0.00	34.5%	9.9%	32.7%	4.3%	0.0%	15.3%	-6.2%	-165	-3.2K	-75	0.00	124.18	0	1	4	26
2023-11-17	$37.85	$0.00	24.6%	7.0%	32.7%	0.0%	0.0%	6.5%	5.4%	66	-5.9K	-56	2.00	115.67	1	2	4	27
2023-11-20	$37.72	$0.00	25.4%	7.3%	32.8%	0.9%	0.0%	-7.8%	-2.7%	-49	-3.6K	-87	0.00	112.14	0	0	5	27
2023-11-21	$36.55	$0.00	48.4%	13.9%	35.3%	25.9%	0.0%	-0.3%	-23.1%	-138	-611	-91	0.00	119.55	0	0	5	27
2023-11-22	$36.26	$0.00	35.9%	10.3%	35.5%	12.2%	0.0%	-16.1%	-20.0%	-70	-2.1K	-85	0.00	116.22	0	0	5	27
2023-11-24	$36.81	$0.00	33.6%	9.6%	35.6%	9.8%	0.0%	-23.5%	-4.6%	-273	222	-106	0.00	117.36	0	4	5	27
2023-11-27	$36.86	$0.00	35.4%	10.2%	34.8%	11.8%	0.0%	-14.5%	-12.5%	-136	-1.3K	-97	0.00	116.99	0	0	5	29
2023-11-28	$36.56	$0.00	37.3%	10.7%	33.8%	13.8%	0.0%	-25.9%	-20.7%	-216	-423	-100	0.00	115.80	0	0	5	29
2023-11-29	$37.47	$0.00	57.6%	16.5%	34.4%	35.8%	0.0%	-4.3%	-22.2%	-336	-344	-111	0.00	128.55	0	0	5	29
2023-11-30	$36.80	$0.00	63.9%	18.3%	35.4%	42.6%	0.0%	-1.9%	-32.1%	-399	2.0K	-114	0.00	125.67	0	0	5	29