HBCP Options History — December 2023

In December 2023, HBCP traded between $37.23 and $43.39. ATM implied volatility averaged 51.1%, placing in the 28.8% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 21.5% (HV 20d: 29.6%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 0 of 20 days. Put/call ratio averaged 3.25.

Notable Days

2023-12-19: Highest Volume — 22 contracts
2023-12-13: Largest IV drop — 62.8% change
2023-12-12: Highest IV Rank — 92.9%
2023-12-01: Largest Expected Move — 17.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$40.73	$37.23	$43.39	$37.23	$42.50
Max Pain	$30.00	$30.00	$30.00	$30.00	$30.00
ATM IV	51.1%	36.8%	110.2%	62.2%	45.0%
Expected Move	11.4%	9.4%	17.8%	17.8%	12.9%
HV 20d	29.6%	26.2%	33.1%	33.1%	26.4%
HV 60d	27.2%	25.7%	28.5%	25.7%	28.1%
IV Rank	28.8%	13.3%	92.9%	40.9%	22.2%
IV Percentile	45.7%	14.9%	99.4%	81.3%	45.9%
Term Structure	-11.7%	-31.9%	-4.6%	-31.9%	-12.0%
Skew 25d	3.8%	-2.0%	27.6%	0.0%	2.4%
Skew 10d	16.0%	-0.4%	86.6%	7.4%	21.9%
Call IV 25d	41.3%	30.6%	58.3%	58.3%	43.2%
Put IV 25d	45.1%	35.3%	67.8%	58.3%	45.6%
Bid-Ask Spread %	126.54	122.94	129.64	124.69	127.14
Gamma HHI	0.48	0.34	0.72	0.72	0.42
Net GEX	-339	-753	-13	-297	-753
Net DEX	-6.9K	-16.0K	568	566	-425
Net VEX	-205	-435	-59	-107	-435
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.25	1.00	5.50	5.50	1.00
Total Volume	2	0	22	0	1
Total OI	47.2	34	72	34	72

Daily Data (20 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
2023-12-01	$37.23	$0.00	62.2%	17.8%	33.1%	40.9%	0.0%	0.0%	-31.9%	-297	566	-107	0.00	124.69	0	0	5	29
2023-12-04	$37.84	$30.00	52.0%	11.2%	32.3%	29.7%	0.0%	5.7%	-7.8%	-337	568	-109	0.00	125.63	0	0	5	29
2023-12-05	$37.55	$30.00	52.8%	9.4%	32.4%	30.7%	0.0%	0.1%	-4.6%	-217	-1.2K	-99	0.00	125.66	0	0	5	29
2023-12-06	$37.77	$30.00	48.3%	10.3%	32.4%	25.7%	0.0%	-2.0%	-7.2%	-238	-2.1K	-101	0.00	128.58	0	0	5	29
2023-12-07	$38.45	$30.00	54.0%	10.8%	30.7%	31.9%	0.0%	1.5%	-7.8%	-188	-2.5K	-96	0.00	123.75	0	0	5	29
2023-12-08	$39.50	$30.00	73.9%	10.5%	31.7%	53.5%	0.0%	2.0%	-8.3%	-95	-5.7K	-89	0.00	128.81	0	0	5	29
2023-12-11	$39.09	$30.00	90.2%	10.7%	32.2%	71.2%	0.0%	1.2%	-7.8%	-79	-5.6K	-86	0.00	125.66	0	0	5	29
2023-12-12	$39.00	$30.00	110.2%	11.0%	32.2%	92.9%	0.0%	1.8%	-11.3%	-34	-6.3K	-84	0.00	126.90	0	0	5	29
2023-12-13	$40.64	$30.00	41.0%	11.7%	27.5%	17.8%	0.0%	2.3%	-21.3%	-72	-7.5K	-85	0.00	129.37	0	1	5	29
2023-12-14	$40.33	$30.00	42.4%	12.2%	27.2%	19.4%	0.0%	-1.0%	-6.9%	-97	-7.6K	-80	0.00	126.27	0	0	5	29
2023-12-15	$42.17	$30.00	37.9%	10.9%	30.7%	14.4%	0.0%	5.7%	-6.1%	-29	-10.9K	-75	0.00	127.64	0	0	5	29
2023-12-18	$42.20	$30.00	41.2%	11.8%	30.7%	18.0%	0.0%	27.6%	-11.5%	-13	-13.8K	-59	5.50	124.46	2	11	5	29
2023-12-19	$42.55	$30.00	37.4%	10.7%	30.5%	13.9%	0.0%	10.0%	-13.2%	-713	-3.9K	-178	1.00	122.94	11	11	7	40
2023-12-20	$42.76	$30.00	37.0%	10.6%	27.1%	13.5%	0.0%	0.4%	-15.0%	-703	-16.0K	-395	0.00	126.88	0	0	18	51
2023-12-21	$42.53	$30.00	37.0%	10.6%	26.9%	13.5%	0.0%	6.3%	-11.9%	-597	-6.6K	-405	0.00	126.38	0	0	18	51
2023-12-22	$42.56	$30.00	36.8%	10.6%	26.9%	13.3%	0.0%	6.4%	-7.9%	-575	-11.1K	-403	0.00	129.64	0	0	18	51
2023-12-26	$43.39	$30.00	41.0%	11.8%	27.2%	17.8%	0.0%	4.6%	-10.2%	-434	-14.5K	-401	0.00	125.48	0	1	18	51
2023-12-27	$43.19	$30.00	41.9%	12.0%	26.9%	18.8%	0.0%	2.4%	-11.9%	-576	-11.8K	-402	0.00	127.90	0	1	18	52
2023-12-28	$43.33	$30.00	39.9%	11.4%	26.2%	16.6%	0.0%	-0.9%	-20.0%	-725	-11.7K	-407	0.00	127.08	0	1	18	53
2023-12-29	$42.50	$30.00	45.0%	12.9%	26.4%	22.2%	0.0%	2.4%	-12.0%	-753	-425	-435	0.00	127.14	0	1	18	54